BART LEYTENS: 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.
BART LEYTENS
Largest movements
- Receivables within one year -€15,469
down €15,469 (-20.8%), from €74,511 to €59,042
of which Other amounts receivable: -€13,753
- Cash +€759
new in 2025: €759
mainly Receivables within one year (+€15,469) and Net result for the year (+€13,426)
- Tax, wage and social debts -€21,046
down €21,046 (-39.6%), from €53,100 to €32,054
- Profit (loss) carried forward +€13,426
up €13,426, from -€9,353 to €4,073
- Short-term financial debts -€3,762
no longer reported in 2025 (was €3,762)
- Accrued charges and deferred income -€3,161
no longer reported in 2025 (was €3,161)
- Gross operating margin -€22,303
down €22,303 (-44.8%), from €49,804 to €27,501
- Other operating charges -€3,281
down €3,281 (-61.7%), from €5,321 to €2,040
- Taxes -€2,704
down €2,704 (-31.0%), from €8,721 to €6,017
- Financial income +€1,075
up €1,075 (+43.0%), from €2,497 to €3,572
- Financial charges +€609
up €609 (+6.8%), from €8,980 to €9,590
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
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 | €74,511 | €59,812 | -€14,699 | -19.7% |
| Current assets | 29/58 | €74,511 | €59,812 | -€14,699 | -19.7% |
| Amounts receivable within one year | 40/41 | €74,511 | €59,042 | -€15,469 | -20.8% |
| Trade receivables | 40 | €1,716 | - | -€1,716 | |
| Other amounts receivable | 41 | €72,795 | €59,042 | -€13,753 | -18.9% |
| Cash at bank and in hand | 54/58 | - | €759 | +€759 | |
| Deferred charges and accrued income | 490/1 | - | €11 | +€11 | |
| Total equity and liabilities | 10/49 | €74,511 | €59,812 | -€14,699 | -19.7% |
| Equity | 10/15 | €4,287 | €17,713 | +€13,426 | +313.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | - | -€1,240 | |
| Reserves not available under the articles | 1311 | €1,240 | - | -€1,240 | |
| Distributable reserves | 133 | - | €1,240 | +€1,240 | |
| Profit (loss) carried forward | 14 | -€9,353 | €4,073 | +€13,426 | |
| Amounts payable | 17/49 | €70,223 | €42,099 | -€28,124 | -40.0% |
| Amounts payable within one year | 42/48 | €67,062 | €42,099 | -€24,963 | -37.2% |
| Financial debts | 43 | €3,762 | - | -€3,762 | |
| Credit institutions | 430/8 | €3,762 | - | -€3,762 | |
| Trade debts | 44 | €10,201 | €10,045 | -€156 | -1.5% |
| Suppliers | 440/4 | €10,201 | €10,045 | -€156 | -1.5% |
| Taxes, remuneration and social security | 45 | €53,100 | €32,054 | -€21,046 | -39.6% |
| Taxes | 450/3 | €53,100 | €32,054 | -€21,046 | -39.6% |
| Accrued charges and deferred income | 492/3 | €3,161 | - | -€3,161 | |
| Other operating charges | 640/8 | €5,321 | €2,040 | -€3,281 | -61.7% |
| Gross operating margin | 9900 | €49,804 | €27,501 | -€22,303 | -44.8% |
| Operating profit (loss) | 9901 | €44,483 | €25,461 | -€19,022 | -42.8% |
| Financial income | 75/76B | €2,497 | €3,572 | +€1,075 | +43.0% |
| Recurring financial income | 75 | €2,497 | €3,572 | +€1,075 | +43.0% |
| Financial charges | 65/66B | €8,980 | €9,590 | +€609 | +6.8% |
| Recurring financial charges | 65 | €8,980 | €9,590 | +€609 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €38,000 | €19,443 | -€18,557 | -48.8% |
| Income taxes | 67/77 | €8,721 | €6,017 | -€2,704 | -31.0% |
| Profit (loss) for the period | 9904 | €29,279 | €13,426 | -€15,853 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,279 | €13,426 | -€15,853 | -54.1% |
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 12 October 2026 via checked.be.