Transformation Lejeune: what changed
Transformation Lejeune
Largest movements
- Receivables within one year -€37,694
down €37,694 (-32.4%), from €116,250 to €78,556
of which Trade receivables: -€38,724
- Cash +€3,453
up €3,453 (+56.3%), from €6,139 to €9,593
mainly Net result for the year (+€67,907) and Receivables within one year (+€37,694)
- Deferred charges and accrued income +€1,677
up €1,677 (+297%), from €565 to €2,242
- Trade debts -€95,329
down €95,329 (-95.4%), from €99,964 to €4,635
- Profit (loss) carried forward +€56,630
no longer reported in 2025 (was -€56,630)
- Reserves +€11,277
up €11,277 (+22.6%), from €49,860 to €61,137
- Other debts -€6,477
down €6,477 (-86.1%), from €7,525 to €1,048
- Short-term financial debts +€1,764
up €1,764 (+35.9%), from €4,920 to €6,684
- Gross operating margin +€65,467
up €65,467 (+25.6%), from €255,834 to €321,301
- Taxes -€41,322
down €41,322, from €24,000 to -€17,322
- Staff costs -€32,339
down €32,339 (-11.0%), from €293,385 to €261,046
- Other operating charges +€3,604
up €3,604 (+140%), from €2,567 to €6,171
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,223 | €96,223 | -€33,000 | -25.5% |
| Fixed assets | 21/28 | €6,269 | €5,833 | -€437 | -7.0% |
| Tangible fixed assets | 22/27 | €5,769 | €5,333 | -€437 | -7.6% |
| Furniture and vehicles | 24 | €5,769 | €5,333 | -€437 | -7.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €122,954 | €90,390 | -€32,564 | -26.5% |
| Amounts receivable within one year | 40/41 | €116,250 | €78,556 | -€37,694 | -32.4% |
| Trade receivables | 40 | €103,240 | €64,516 | -€38,724 | -37.5% |
| Other amounts receivable | 41 | €13,010 | €14,039 | +€1,030 | +7.9% |
| Cash at bank and in hand | 54/58 | €6,139 | €9,593 | +€3,453 | +56.3% |
| Deferred charges and accrued income | 490/1 | €565 | €2,242 | +€1,677 | +297% |
| Total equity and liabilities | 10/49 | €129,223 | €96,223 | -€33,000 | -25.5% |
| Equity | 10/15 | €11,830 | €79,737 | +€67,907 | +574% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,860 | €61,137 | +€11,277 | +22.6% |
| Distributable reserves | 133 | €49,860 | €61,137 | +€11,277 | +22.6% |
| Profit (loss) carried forward | 14 | -€56,630 | - | +€56,630 | |
| Amounts payable | 17/49 | €117,392 | €16,485 | -€100,907 | -86.0% |
| Amounts payable within one year | 42/48 | €117,392 | €16,485 | -€100,907 | -86.0% |
| Financial debts | 43 | €4,920 | €6,684 | +€1,764 | +35.9% |
| Credit institutions | 430/8 | €4,920 | €6,684 | +€1,764 | +35.9% |
| Trade debts | 44 | €99,964 | €4,635 | -€95,329 | -95.4% |
| Suppliers | 440/4 | €99,964 | €4,635 | -€95,329 | -95.4% |
| Advances received on contracts in progress | 46 | - | €120 | +€120 | |
| Taxes, remuneration and social security | 45 | €4,984 | €3,999 | -€986 | -19.8% |
| Taxes | 450/3 | €883 | €870 | -€13 | -1.5% |
| Remuneration and social security | 454/9 | €4,101 | €3,129 | -€973 | -23.7% |
| Other amounts payable | 47/48 | €7,525 | €1,048 | -€6,477 | -86.1% |
| Non-recurring operating income | 76A | €5,785 | - | -€5,785 | |
| Remuneration, social security and pensions | 62 | €293,385 | €261,046 | -€32,339 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,918 | €2,995 | -€1,922 | -39.1% |
| Other operating charges | 640/8 | €2,567 | €6,171 | +€3,604 | +140% |
| Gross operating margin | 9900 | €255,834 | €321,301 | +€65,467 | +25.6% |
| Operating profit (loss) | 9901 | -€45,036 | €51,089 | +€96,125 | |
| Financial income | 75/76B | €170 | €1,067 | +€898 | +529% |
| Recurring financial income | 75 | €170 | €1,067 | +€898 | +529% |
| Financial charges | 65/66B | €1,408 | €1,572 | +€164 | +11.6% |
| Recurring financial charges | 65 | €1,408 | €1,572 | +€164 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | -€46,274 | €50,585 | +€96,859 | |
| Income taxes | 67/77 | €24,000 | -€17,322 | -€41,322 | |
| Profit (loss) for the period | 9904 | -€70,274 | €67,907 | +€138,181 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,274 | €67,907 | +€138,181 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.