LEZMA: what changed
LEZMA
Largest movements
- Tangible fixed assets -€168,889
no longer reported in 2025 (was €168,889)
- Cash +€161,992
up €161,992 (+17,165%), from €944 to €162,936
mainly Investment in fixed assets (net) (+€168,889) and Net result for the year (+€69,863)
- Debts after one year -€74,849
no longer reported in 2025 (was €74,849)
- Reserves +€68,000
up €68,000 (+3,656%), from €1,860 to €69,860
- Tax, wage and social debts +€34,108
up €34,108 (+2,735%), from €1,247 to €35,355
- Other debts -€23,000
no longer reported in 2025 (was €23,000)
- Current portion of long-term debt -€13,419
no longer reported in 2025 (was €13,419)
- Gross operating margin +€88,417
up €88,417 (+390%), from €22,691 to €111,108
- Taxes +€34,060
up €34,060 (+5,259%), from €648 to €34,707
- Depreciation -€15,048
no longer reported in 2025 (was €15,048)
- Purchases and services +€11,496
up €11,496 (+458%), from €2,507 to €14,003
- Turnover -€11,198
down €11,198 (-44.4%), from €25,198 to €14,000
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 | €169,833 | €162,936 | -€6,897 | -4.1% |
| Fixed assets | 21/28 | €168,889 | - | -€168,889 | |
| Tangible fixed assets | 22/27 | €168,889 | - | -€168,889 | |
| Land and buildings | 22 | €168,889 | - | -€168,889 | |
| Current assets | 29/58 | €944 | €162,936 | +€161,992 | +17,165% |
| Cash at bank and in hand | 54/58 | €944 | €162,936 | +€161,992 | +17,165% |
| Total equity and liabilities | 10/49 | €169,833 | €162,936 | -€6,897 | -4.1% |
| Equity | 10/15 | €57,317 | €127,181 | +€69,863 | +122% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €69,860 | +€68,000 | +3,656% |
| Distributable reserves | 133 | €1,860 | €69,860 | +€68,000 | +3,656% |
| Profit (loss) carried forward | 14 | €49,257 | €51,121 | +€1,863 | +3.8% |
| Amounts payable | 17/49 | €112,515 | €35,755 | -€76,761 | -68.2% |
| Amounts payable after more than one year | 17 | €74,849 | - | -€74,849 | |
| Financial debts | 170/4 | €74,849 | - | -€74,849 | |
| Amounts payable within one year | 42/48 | €37,666 | €35,355 | -€2,311 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €13,419 | - | -€13,419 | |
| Taxes, remuneration and social security | 45 | €1,247 | €35,355 | +€34,108 | +2,735% |
| Taxes | 450/3 | €1,247 | €35,355 | +€34,108 | +2,735% |
| Other amounts payable | 47/48 | €23,000 | - | -€23,000 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Turnover | 70 | €25,198 | €14,000 | -€11,198 | -44.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,507 | €14,003 | +€11,496 | +458% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,048 | - | -€15,048 | |
| Other operating charges | 640/8 | €1,570 | €1,265 | -€304 | -19.4% |
| Gross operating margin | 9900 | €22,691 | €111,108 | +€88,417 | +390% |
| Operating profit (loss) | 9901 | €6,073 | €109,843 | +€103,770 | +1,709% |
| Financial charges | 65/66B | €3,646 | €5,272 | +€1,626 | +44.6% |
| Recurring financial charges | 65 | €3,646 | €5,272 | +€1,626 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €2,427 | €104,571 | +€102,144 | +4,209% |
| Income taxes | 67/77 | €648 | €34,707 | +€34,060 | +5,259% |
| Profit (loss) for the period | 9904 | €1,779 | €69,863 | +€68,084 | +3,827% |
| Profit (loss) for the period to be appropriated | 9905 | €1,779 | €69,863 | +€68,084 | +3,827% |
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 8 November 2026 via checked.be.