What changed?
Two fiscal 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.
LEBOU
Largest movements
- Tangible fixed assets -€72,365
down €72,365 (-7.4%), from €975,699 to €903,334
- Profit (loss) carried forward -€50,895
down €50,895 (-10.0%), from -€510,895 to -€561,791
- Gross operating margin +€2,990
up €2,990 (+15.8%), from €18,922 to €21,912
- Depreciation +€492
up €492 (+0.7%), from €71,873 to €72,365
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.
Cash bridge derived
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 | €1,467,413 | €1,408,609 | -€58,804 | -4.0% |
| Fixed assets | 21/28 | €978,085 | €905,720 | -€72,365 | -7.4% |
| Tangible fixed assets | 22/27 | €975,699 | €903,334 | -€72,365 | -7.4% |
| Land and buildings | 22 | €975,699 | €903,334 | -€72,365 | -7.4% |
| Financial fixed assets | 28 | €2,386 | €2,386 | = | 0.0% |
| Current assets | 29/58 | €489,328 | €502,889 | +€13,561 | +2.8% |
| Amounts receivable within one year | 40/41 | €485,980 | €493,930 | +€7,950 | +1.6% |
| Other amounts receivable | 41 | €485,980 | €493,930 | +€7,950 | +1.6% |
| Cash at bank and in hand | 54/58 | €1,625 | €8,475 | +€6,850 | +421.6% |
| Deferred charges and accrued income | 490/1 | €1,723 | €484 | -€1,239 | -71.9% |
| Total equity and liabilities | 10/49 | €1,467,413 | €1,408,609 | -€58,804 | -4.0% |
| Equity | 10/15 | €1,350,660 | €1,299,765 | -€50,895 | -3.8% |
| Contributions | 10/11 | €1,850,000 | €1,850,000 | = | 0.0% |
| Capital | 10 | €1,850,000 | €1,850,000 | = | 0.0% |
| Issued capital | 100 | €1,850,000 | €1,850,000 | = | 0.0% |
| Reserves | 13 | €11,555 | €11,555 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,555 | €11,555 | = | 0.0% |
| Legal reserve | 130 | €11,555 | €11,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€510,895 | -€561,791 | -€50,895 | -10.0% |
| Amounts payable | 17/49 | €116,753 | €108,844 | -€7,908 | -6.8% |
| Amounts payable within one year | 42/48 | €113,691 | €104,781 | -€8,909 | -7.8% |
| Trade debts | 44 | €4,301 | €4,976 | +€675 | +15.7% |
| Suppliers | 440/4 | €4,301 | €4,976 | +€675 | +15.7% |
| Other amounts payable | 47/48 | €109,390 | €99,806 | -€9,584 | -8.8% |
| Accrued charges and deferred income | 492/3 | €3,062 | €4,063 | +€1,001 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,873 | €72,365 | +€492 | +0.7% |
| Other operating charges | 640/8 | €8,156 | €8,204 | +€48 | +0.6% |
| Gross operating margin | 9900 | €18,922 | €21,912 | +€2,990 | +15.8% |
| Operating profit (loss) | 9901 | -€61,107 | -€58,656 | +€2,451 | +4.0% |
| Financial income | 75/76B | €7,950 | €7,950 | = | 0.0% |
| Recurring financial income | 75 | €7,950 | €7,950 | = | 0.0% |
| Financial charges | 65/66B | €185 | €189 | +€4 | +2.2% |
| Recurring financial charges | 65 | €185 | €189 | +€4 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€53,342 | -€50,895 | +€2,447 | +4.6% |
| Profit (loss) for the period | 9904 | -€53,342 | -€50,895 | +€2,447 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,342 | -€50,895 | +€2,447 | +4.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.