4 LEADER: 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.
4 LEADER
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€733
up €733 (+1.1%), from €67,020 to €67,753
- Profit (loss) carried forward -€368
down €368 (-0.3%), from -€135,242 to -€135,610
- Trade debts -€365
no longer reported in 2025 (was €365)
No income-statement line moved by more than 1% of the activity.
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,863 | €1,863 | = | 0.0% |
| Current assets | 29/58 | €1,863 | €1,863 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,863 | €1,863 | = | 0.0% |
| Trade receivables | 40 | €1,863 | €1,863 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,863 | €1,863 | = | 0.0% |
| Equity | 10/15 | -€65,522 | -€65,890 | -€368 | -0.6% |
| Contributions | 10/11 | €69,410 | €69,410 | = | 0.0% |
| Capital | 10 | €69,410 | €69,410 | = | 0.0% |
| Issued capital | 100 | €69,410 | €69,410 | = | 0.0% |
| Reserves | 13 | €310 | €310 | = | 0.0% |
| Non-distributable reserves | 130/1 | €310 | €310 | = | 0.0% |
| Legal reserve | 130 | €310 | €310 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,242 | -€135,610 | -€368 | -0.3% |
| Amounts payable | 17/49 | €67,385 | €67,753 | +€368 | +0.5% |
| Amounts payable within one year | 42/48 | €67,385 | €67,753 | +€368 | +0.5% |
| Trade debts | 44 | €365 | - | -€365 | |
| Suppliers | 440/4 | €365 | - | -€365 | |
| Other amounts payable | 47/48 | €67,020 | €67,753 | +€733 | +1.1% |
| Gross operating margin | 9900 | -€366 | -€368 | -€2 | -0.5% |
| Operating profit (loss) | 9901 | -€366 | -€368 | -€2 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€366 | -€368 | -€2 | -0.5% |
| Profit (loss) for the period | 9904 | -€366 | -€368 | -€2 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€366 | -€368 | -€2 | -0.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.