Arnaud Leplat: 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.
Arnaud Leplat
Largest movements
- Receivables within one year +€93,081
up €93,081 (+459%), from €20,284 to €113,366
of which Other amounts receivable: +€62,750
- Cash +€20,486
up €20,486 (+62.3%), from €32,888 to €53,374
mainly Net result for the year (+€70,293) and Trade debts (+€27,126)
- Profit (loss) carried forward +€69,434
up €69,434 (+409%), from €16,995 to €86,428
- Trade debts +€27,126
up €27,126 (+527%), from €5,151 to €32,277
- Tax, wage and social debts +€16,205
up €16,205 (+100%), from €16,170 to €32,374
of which Taxes: +€16,230
- Gross operating margin +€77,735
up €77,735 (+675%), from €11,514 to €89,249
- Taxes +€16,137
up €16,137 (+693%), from €2,328 to €18,465
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 | €54,148 | €167,024 | +€112,876 | +208% |
| Fixed assets | 21/28 | €811 | €284 | -€527 | -64.9% |
| Tangible fixed assets | 22/27 | €811 | €284 | -€527 | -64.9% |
| Plant, machinery and equipment | 23 | €811 | €284 | -€527 | -64.9% |
| Current assets | 29/58 | €53,337 | €166,739 | +€113,402 | +213% |
| Amounts receivable within one year | 40/41 | €20,284 | €113,366 | +€93,081 | +459% |
| Trade receivables | 40 | €20,031 | €50,362 | +€30,331 | +151% |
| Other amounts receivable | 41 | €253 | €63,003 | +€62,750 | +24,759% |
| Cash at bank and in hand | 54/58 | €32,888 | €53,374 | +€20,486 | +62.3% |
| Deferred charges and accrued income | 490/1 | €164 | - | -€164 | |
| Total equity and liabilities | 10/49 | €54,148 | €167,024 | +€112,876 | +208% |
| Equity | 10/15 | €31,995 | €101,428 | +€69,434 | +217% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,995 | €86,428 | +€69,434 | +409% |
| Amounts payable | 17/49 | €22,154 | €65,596 | +€43,442 | +196% |
| Amounts payable within one year | 42/48 | €22,154 | €65,510 | +€43,356 | +196% |
| Trade debts | 44 | €5,151 | €32,277 | +€27,126 | +527% |
| Suppliers | 440/4 | €5,151 | €32,277 | +€27,126 | +527% |
| Taxes, remuneration and social security | 45 | €16,170 | €32,374 | +€16,205 | +100% |
| Taxes | 450/3 | €14,245 | €30,474 | +€16,230 | +114% |
| Remuneration and social security | 454/9 | €1,925 | €1,900 | -€25 | -1.3% |
| Other amounts payable | 47/48 | €833 | €859 | +€26 | +3.1% |
| Accrued charges and deferred income | 492/3 | - | €86 | +€86 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €527 | €527 | -€0 | 0.0% |
| Gross operating margin | 9900 | €11,514 | €89,249 | +€77,735 | +675% |
| Operating profit (loss) | 9901 | €10,987 | €88,722 | +€77,735 | +707% |
| Financial income | 75/76B | €3 | €532 | +€529 | +19,237% |
| Recurring financial income | 75 | €3 | €532 | +€529 | +19,237% |
| Financial charges | 65/66B | €336 | €497 | +€161 | +47.8% |
| Recurring financial charges | 65 | €336 | €497 | +€161 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | €10,654 | €88,757 | +€78,103 | +733% |
| Income taxes | 67/77 | €2,328 | €18,465 | +€16,137 | +693% |
| Profit (loss) for the period | 9904 | €8,326 | €70,293 | +€61,967 | +744% |
| Profit (loss) for the period to be appropriated | 9905 | €8,326 | €70,293 | +€61,967 | +744% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.