LEXCOMM: 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.
LEXCOMM
Largest movements
- Tangible fixed assets -€48,212
down €48,212 (-3.7%), from €1.3m to €1.3m
of which Land and buildings: -€42,579
- Receivables within one year -€30,409
down €30,409 (-7.6%), from €401,300 to €370,891
of which Other amounts receivable: -€47,634
- Trade debts -€62,083
down €62,083 (-79.1%), from €78,514 to €16,432
- Debts after one year -€23,419
down €23,419 (-6.0%), from €391,119 to €367,701
- Gross operating margin +€31,369
up €31,369 (+159%), from €19,731 to €51,100
- Depreciation +€5,778
up €5,778 (+13.6%), from €42,434 to €48,212
- Financial income +€5,425
up €5,425 (+34.8%), from €15,579 to €21,005
- Other operating charges +€1,461
up €1,461 (+24.3%), from €6,010 to €7,470
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 | €1,726,218 | €1,644,099 | -€82,118 | -4.8% |
| Fixed assets | 21/28 | €1,313,026 | €1,264,814 | -€48,212 | -3.7% |
| Tangible fixed assets | 22/27 | €1,313,006 | €1,264,794 | -€48,212 | -3.7% |
| Land and buildings | 22 | €1,293,225 | €1,250,646 | -€42,579 | -3.3% |
| Plant, machinery and equipment | 23 | €19,650 | €14,130 | -€5,520 | -28.1% |
| Furniture and vehicles | 24 | €131 | €18 | -€113 | -86.3% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €413,192 | €379,285 | -€33,906 | -8.2% |
| Amounts receivable within one year | 40/41 | €401,300 | €370,891 | -€30,409 | -7.6% |
| Trade receivables | 40 | - | €17,225 | +€17,225 | |
| Other amounts receivable | 41 | €401,300 | €353,666 | -€47,634 | -11.9% |
| Cash at bank and in hand | 54/58 | €1,637 | €5,596 | +€3,958 | +242% |
| Deferred charges and accrued income | 490/1 | €10,255 | €2,799 | -€7,456 | -72.7% |
| Total equity and liabilities | 10/49 | €1,726,218 | €1,644,099 | -€82,118 | -4.8% |
| Equity | 10/15 | -€238,805 | -€229,188 | +€9,617 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,326 | €37,886 | -€1,440 | -3.7% |
| Tax-exempt reserves | 132 | €37,466 | €36,026 | -€1,440 | -3.8% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€296,731 | -€285,674 | +€11,057 | +3.7% |
| Provisions and deferred taxes | 16 | €12,489 | €12,009 | -€480 | -3.8% |
| Deferred taxes | 168 | €12,489 | €12,009 | -€480 | -3.8% |
| Amounts payable | 17/49 | €1,952,534 | €1,861,279 | -€91,256 | -4.7% |
| Amounts payable after more than one year | 17 | €391,119 | €367,701 | -€23,419 | -6.0% |
| Financial debts | 170/4 | €391,119 | €367,701 | -€23,419 | -6.0% |
| Amounts payable within one year | 42/48 | €1,558,251 | €1,489,960 | -€68,290 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €25,020 | €23,419 | -€1,601 | -6.4% |
| Trade debts | 44 | €78,514 | €16,432 | -€62,083 | -79.1% |
| Suppliers | 440/4 | €78,514 | €16,432 | -€62,083 | -79.1% |
| Taxes, remuneration and social security | 45 | €6,695 | €13,611 | +€6,915 | +103% |
| Taxes | 450/3 | €6,695 | €13,611 | +€6,915 | +103% |
| Other amounts payable | 47/48 | €1,448,021 | €1,436,499 | -€11,522 | -0.8% |
| Accrued charges and deferred income | 492/3 | €3,164 | €3,618 | +€454 | +14.3% |
| Non-recurring operating income | 76A | €36,630 | - | -€36,630 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,434 | €48,212 | +€5,778 | +13.6% |
| Other operating charges | 640/8 | €6,010 | €7,470 | +€1,461 | +24.3% |
| Gross operating margin | 9900 | €19,731 | €51,100 | +€31,369 | +159% |
| Operating profit (loss) | 9901 | -€28,713 | -€4,583 | +€24,130 | +84.0% |
| Financial income | 75/76B | €15,579 | €21,005 | +€5,425 | +34.8% |
| Recurring financial income | 75 | €15,579 | €21,005 | +€5,425 | +34.8% |
| Financial charges | 65/66B | €6,945 | €6,582 | -€363 | -5.2% |
| Recurring financial charges | 65 | €6,945 | €6,582 | -€363 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€20,079 | €9,840 | +€29,919 | |
| Transfer from deferred taxes | 780 | €480 | €480 | = | 0.0% |
| Income taxes | 67/77 | €505 | €703 | +€198 | +39.2% |
| Profit (loss) for the period | 9904 | -€20,104 | €9,617 | +€29,721 | |
| Transfer from tax-exempt reserves | 789 | €1,440 | €1,440 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,664 | €11,057 | +€29,721 |
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 23 October 2026 via checked.be.