BE LEATHER: 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.
BE LEATHER
Largest movements
- Receivables within one year -€15,305
down €15,305 (-55.1%), from €27,766 to €12,462
of which Trade receivables: -€14,897
- Tangible fixed assets -€1,117
down €1,117 (-96.8%), from €1,154 to €37
of which Land and buildings: -€663
- Cash -€1,031
down €1,031 (-19.0%), from €5,421 to €4,390
mainly Net result for the year (-€17,109) and Other debts (-€3,963)
- Deferred charges and accrued income +€620
up €620 (+16.6%), from €3,742 to €4,362
- Profit (loss) carried forward -€17,109
down €17,109 (-27.8%), from -€61,641 to -€78,749
- Other debts -€3,963
down €3,963 (-26.5%), from €14,959 to €10,996
- Short-term financial debts +€2,000
up €2,000 (+4.3%), from €46,000 to €48,000
- Trade debts +€1,168
up €1,168 (+7.4%), from €15,836 to €17,004
- Tax, wage and social debts +€1,060
up €1,060 (+17.0%), from €6,229 to €7,290
- Gross operating margin -€4,710
down €4,710 (-26.1%), from €18,015 to €13,305
- Taxes -€4,439
down €4,439 (-82.2%), from €5,398 to €959
- Other operating charges +€306
up €306 (+15.9%), from €1,919 to €2,225
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 | €38,083 | €21,250 | -€16,833 | -44.2% |
| Fixed assets | 21/28 | €1,154 | €37 | -€1,117 | -96.8% |
| Tangible fixed assets | 22/27 | €1,154 | €37 | -€1,117 | -96.8% |
| Land and buildings | 22 | €663 | - | -€663 | |
| Furniture and vehicles | 24 | €490 | €37 | -€453 | -92.4% |
| Current assets | 29/58 | €36,929 | €21,213 | -€15,716 | -42.6% |
| Amounts receivable within one year | 40/41 | €27,766 | €12,462 | -€15,305 | -55.1% |
| Trade receivables | 40 | €26,913 | €12,016 | -€14,897 | -55.4% |
| Other amounts receivable | 41 | €854 | €446 | -€407 | -47.7% |
| Cash at bank and in hand | 54/58 | €5,421 | €4,390 | -€1,031 | -19.0% |
| Deferred charges and accrued income | 490/1 | €3,742 | €4,362 | +€620 | +16.6% |
| Total equity and liabilities | 10/49 | €38,083 | €21,250 | -€16,833 | -44.2% |
| Equity | 10/15 | -€45,018 | -€62,127 | -€17,109 | -38.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,422 | €10,422 | = | 0.0% |
| Distributable reserves | 133 | €10,422 | €10,422 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,641 | -€78,749 | -€17,109 | -27.8% |
| Amounts payable | 17/49 | €83,101 | €83,377 | +€276 | +0.3% |
| Amounts payable within one year | 42/48 | €83,024 | €83,289 | +€265 | +0.3% |
| Financial debts | 43 | €46,000 | €48,000 | +€2,000 | +4.3% |
| Credit institutions | 430/8 | €46,000 | €48,000 | +€2,000 | +4.3% |
| Trade debts | 44 | €15,836 | €17,004 | +€1,168 | +7.4% |
| Suppliers | 440/4 | €15,836 | €17,004 | +€1,168 | +7.4% |
| Taxes, remuneration and social security | 45 | €6,229 | €7,290 | +€1,060 | +17.0% |
| Taxes | 450/3 | €6,229 | €7,290 | +€1,060 | +17.0% |
| Other amounts payable | 47/48 | €14,959 | €10,996 | -€3,963 | -26.5% |
| Accrued charges and deferred income | 492/3 | €77 | €88 | +€11 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,281 | €1,117 | -€164 | -12.8% |
| Other operating charges | 640/8 | €1,919 | €2,225 | +€306 | +15.9% |
| Non-recurring operating charges | 66A | - | €21,724 | +€21,724 | |
| Gross operating margin | 9900 | €18,015 | €13,305 | -€4,710 | -26.1% |
| Operating profit (loss) | 9901 | €14,816 | -€11,761 | -€26,577 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €4,524 | €4,389 | -€135 | -3.0% |
| Recurring financial charges | 65 | €4,524 | €4,389 | -€135 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €10,292 | -€16,150 | -€26,442 | |
| Income taxes | 67/77 | €5,398 | €959 | -€4,439 | -82.2% |
| Profit (loss) for the period | 9904 | €4,894 | -€17,109 | -€22,003 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,894 | -€17,109 | -€22,003 |
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 22 October 2026 via checked.be.