VIN LECOQ: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VIN LECOQ
Largest movements
- Cash +€41,199
up €41,199 (+47.6%), from €86,633 to €127,832
mainly Net result for the year (+€64,414) and Receivables within one year (+€20,013)
- Receivables within one year -€20,013
down €20,013 (-34.4%), from €58,180 to €38,168
of which Trade receivables: -€18,798
- Tangible fixed assets -€16,718
down €16,718 (-30.4%), from €54,951 to €38,233
of which Furniture and vehicles: -€12,414
- Tax, wage and social debts +€4,798
up €4,798 (+152%), from €3,152 to €7,950
of which Taxes: +€4,798
- Current portion of long-term debt -€3,187
down €3,187 (-100%), from €3,187 to €0
- Gross operating margin +€5,487
up €5,487 (+5.6%), from €98,258 to €103,745
- Depreciation +€1,999
up €1,999 (+13.6%), from €14,719 to €16,718
- Write-downs +€1,470
new in 2025: €1,470
- Financial charges -€1,346
down €1,346 (-21.2%), from €6,361 to €5,015
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €281,247 | €285,205 | +€3,958 | +1.4% |
| Fixed assets | 21/28 | €54,951 | €38,233 | -€16,718 | -30.4% |
| Tangible fixed assets | 22/27 | €54,951 | €38,233 | -€16,718 | -30.4% |
| Furniture and vehicles | 24 | €33,628 | €21,214 | -€12,414 | -36.9% |
| Other tangible fixed assets | 26 | €21,323 | €17,019 | -€4,304 | -20.2% |
| Current assets | 29/58 | €226,296 | €246,972 | +€20,676 | +9.1% |
| Stocks and contracts in progress | 3 | €80,935 | €80,408 | -€527 | -0.7% |
| Stocks | 30/36 | €80,935 | €80,408 | -€527 | -0.7% |
| Amounts receivable within one year | 40/41 | €58,180 | €38,168 | -€20,013 | -34.4% |
| Trade receivables | 40 | €56,097 | €37,299 | -€18,798 | -33.5% |
| Other amounts receivable | 41 | €2,084 | €869 | -€1,215 | -58.3% |
| Cash at bank and in hand | 54/58 | €86,633 | €127,832 | +€41,199 | +47.6% |
| Deferred charges and accrued income | 490/1 | €547 | €564 | +€17 | +3.0% |
| Total equity and liabilities | 10/49 | €281,247 | €285,205 | +€3,958 | +1.4% |
| Equity | 10/15 | €139,000 | €139,000 | = | 0.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €114,000 | €114,000 | = | 0.0% |
| Distributable reserves | 133 | €114,000 | €114,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €142,247 | €146,205 | +€3,958 | +2.8% |
| Amounts payable after more than one year | 17 | €66,898 | €68,305 | +€1,407 | +2.1% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €66,898 | €68,305 | +€1,407 | +2.1% |
| Amounts payable within one year | 42/48 | €75,349 | €76,832 | +€1,484 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €3,187 | €0 | -€3,187 | -100% |
| Trade debts | 44 | €6,135 | €4,469 | -€1,666 | -27.2% |
| Suppliers | 440/4 | €6,135 | €4,469 | -€1,666 | -27.2% |
| Taxes, remuneration and social security | 45 | €3,152 | €7,950 | +€4,798 | +152% |
| Taxes | 450/3 | €1,652 | €6,450 | +€4,798 | +290% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €62,875 | €64,414 | +€1,539 | +2.4% |
| Accrued charges and deferred income | 492/3 | - | €1,067 | +€1,067 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,719 | €16,718 | +€1,999 | +13.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,470 | +€1,470 | |
| Other operating charges | 640/8 | €1,225 | €2,087 | +€862 | +70.3% |
| Gross operating margin | 9900 | €98,258 | €103,745 | +€5,487 | +5.6% |
| Operating profit (loss) | 9901 | €82,314 | €83,470 | +€1,156 | +1.4% |
| Financial income | 75/76B | €3,280 | €2,590 | -€690 | -21.0% |
| Recurring financial income | 75 | €3,280 | €2,590 | -€690 | -21.0% |
| Financial charges | 65/66B | €6,361 | €5,015 | -€1,346 | -21.2% |
| Recurring financial charges | 65 | €6,361 | €5,015 | -€1,346 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €79,233 | €81,045 | +€1,812 | +2.3% |
| Income taxes | 67/77 | €16,358 | €16,631 | +€273 | +1.7% |
| Profit (loss) for the period | 9904 | €62,875 | €64,414 | +€1,539 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,875 | €64,414 | +€1,539 | +2.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.