LECOMTE STIJN: 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.
LECOMTE STIJN
Largest movements
- Financial fixed assets +€1.8m
up €1.8m (+198%), from €907,500 to €2.7m
- Receivables within one year +€68,119
up €68,119 (+72.1%), from €94,516 to €162,636
of which Trade receivables: +€38,400
- Debts after one year +€650,191
up €650,191 (+154%), from €421,431 to €1.1m
of which Other amounts payable: +€500,000
- Short-term financial debts +€593,119
up €593,119 (+7,016%), from €8,454 to €601,573
- Reserves +€368,000
up €368,000 (+82.9%), from €444,000 to €812,000
- Other debts +€122,336
up €122,336 (+7,121%), from €1,718 to €124,054
- Tax, wage and social debts +€84,445
up €84,445 (+343%), from €24,649 to €109,094
of which Taxes: +€86,345
- Financial income +€378,153
up €378,153 (+8,574,897%), from €4 to €378,157
- Taxes +€101,234
up €101,234 (+503%), from €20,124 to €121,358
- Gross operating margin +€66,927
up €66,927 (+55.8%), from €119,989 to €186,916
- Financial charges +€30,647
up €30,647 (+146%), from €20,981 to €51,628
- Other operating charges -€4,346
down €4,346 (-61.9%), from €7,018 to €2,672
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 | €1,008,246 | €2,865,058 | +€1.9m | +184% |
| Fixed assets | 21/28 | €910,138 | €2,701,614 | +€1.8m | +197% |
| Tangible fixed assets | 22/27 | €2,638 | €1,614 | -€1,024 | -38.8% |
| Furniture and vehicles | 24 | €2,638 | €1,614 | -€1,024 | -38.8% |
| Financial fixed assets | 28 | €907,500 | €2,700,000 | +€1.8m | +198% |
| Current assets | 29/58 | €98,108 | €163,444 | +€65,336 | +66.6% |
| Amounts receivable within one year | 40/41 | €94,516 | €162,636 | +€68,119 | +72.1% |
| Trade receivables | 40 | €72,600 | €111,000 | +€38,400 | +52.9% |
| Other amounts receivable | 41 | €21,916 | €51,636 | +€29,719 | +136% |
| Cash at bank and in hand | 54/58 | €2,778 | €0 | -€2,778 | -100% |
| Deferred charges and accrued income | 490/1 | €813 | €808 | -€5 | -0.6% |
| Total equity and liabilities | 10/49 | €1,008,246 | €2,865,058 | +€1.9m | +184% |
| Equity | 10/15 | €462,933 | €830,700 | +€367,767 | +79.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €444,000 | €812,000 | +€368,000 | +82.9% |
| Distributable reserves | 133 | €444,000 | €812,000 | +€368,000 | +82.9% |
| Profit (loss) carried forward | 14 | €333 | €100 | -€233 | -70.0% |
| Amounts payable | 17/49 | €545,313 | €2,034,358 | +€1.5m | +273% |
| Amounts payable after more than one year | 17 | €421,431 | €1,071,622 | +€650,191 | +154% |
| Financial debts | 170/4 | €421,431 | €571,622 | +€150,191 | +35.6% |
| Other amounts payable | 178/9 | - | €500,000 | +€500,000 | |
| Amounts payable within one year | 42/48 | €123,882 | €947,141 | +€823,259 | +665% |
| Current portion of amounts payable after more than one year | 42 | €74,072 | €91,268 | +€17,196 | +23.2% |
| Financial debts | 43 | €8,454 | €601,573 | +€593,119 | +7,016% |
| Credit institutions | 430/8 | €8,454 | €601,573 | +€593,119 | +7,016% |
| Trade debts | 44 | €14,989 | €21,152 | +€6,163 | +41.1% |
| Suppliers | 440/4 | €14,989 | €21,152 | +€6,163 | +41.1% |
| Taxes, remuneration and social security | 45 | €24,649 | €109,094 | +€84,445 | +343% |
| Taxes | 450/3 | €20,849 | €107,194 | +€86,345 | +414% |
| Remuneration and social security | 454/9 | €3,800 | €1,900 | -€1,900 | -50.0% |
| Other amounts payable | 47/48 | €1,718 | €124,054 | +€122,336 | +7,121% |
| Accrued charges and deferred income | 492/3 | - | €15,595 | +€15,595 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,024 | €1,024 | = | 0.0% |
| Other operating charges | 640/8 | €7,018 | €2,672 | -€4,346 | -61.9% |
| Non-recurring operating charges | 66A | - | €20,625 | +€20,625 | |
| Gross operating margin | 9900 | €119,989 | €186,916 | +€66,927 | +55.8% |
| Operating profit (loss) | 9901 | €111,946 | €162,595 | +€50,649 | +45.2% |
| Financial income | 75/76B | €4 | €378,157 | +€378,153 | +8,574,897% |
| Recurring financial income | 75 | €4 | €378,157 | +€378,153 | +8,574,897% |
| Financial charges | 65/66B | €20,981 | €51,628 | +€30,647 | +146% |
| Recurring financial charges | 65 | €20,981 | €51,628 | +€30,647 | +146% |
| Profit (loss) for the period before taxes | 9903 | €90,970 | €489,125 | +€398,155 | +438% |
| Income taxes | 67/77 | €20,124 | €121,358 | +€101,234 | +503% |
| Profit (loss) for the period | 9904 | €70,846 | €367,767 | +€296,921 | +419% |
| Profit (loss) for the period to be appropriated | 9905 | €70,846 | €367,767 | +€296,921 | +419% |
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.