DE LEENER: 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.
DE LEENER
Largest movements
- Cash +€47,079
up €47,079 (+48.0%), from €98,052 to €145,131
mainly Net result for the year (+€40,508) and Receivables within one year (+€30,822)
- Receivables within one year -€30,822
down €30,822 (-36.0%), from €85,517 to €54,695
of which Trade receivables: -€21,822
- Tangible fixed assets -€28,694
down €28,694 (-29.2%), from €98,260 to €69,567
of which Furniture and vehicles: -€22,931
- Stocks and contracts +€7,886
up €7,886 (+5.3%), from €150,210 to €158,096
of which Stocks: +€15,180
- Reserves +€18,950
up €18,950 (+9.2%), from €206,955 to €225,905
- Other debts -€13,261
down €13,261 (-11.5%), from €115,134 to €101,873
- Trade debts -€12,299
down €12,299 (-59.4%), from €20,722 to €8,423
- Debts after one year -€9,280
down €9,280 (-70.2%), from €13,220 to €3,941
- Tax, wage and social debts +€7,416
up €7,416 (+59.9%), from €12,378 to €19,793
- Gross operating margin +€54,047
up €54,047 (+119.8%), from €45,112 to €99,159
- Taxes +€14,446
up €14,446 (+1019.0%), from €1,418 to €15,864
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 | €496,035 | €487,807 | -€8,228 | -1.7% |
| Fixed assets | 21/28 | €145,019 | €116,325 | -€28,694 | -19.8% |
| Tangible fixed assets | 22/27 | €98,260 | €69,567 | -€28,694 | -29.2% |
| Land and buildings | 22 | €5,451 | €4,804 | -€646 | -11.9% |
| Plant, machinery and equipment | 23 | €18,360 | €13,244 | -€5,117 | -27.9% |
| Furniture and vehicles | 24 | €74,449 | €51,519 | -€22,931 | -30.8% |
| Financial fixed assets | 28 | €46,758 | €46,758 | = | 0.0% |
| Current assets | 29/58 | €351,016 | €371,482 | +€20,466 | +5.8% |
| Stocks and contracts in progress | 3 | €150,210 | €158,096 | +€7,886 | +5.3% |
| Stocks | 30/36 | €142,916 | €158,096 | +€15,180 | +10.6% |
| Contracts in progress | 37 | €7,293 | - | -€7,293 | |
| Amounts receivable within one year | 40/41 | €85,517 | €54,695 | -€30,822 | -36.0% |
| Trade receivables | 40 | €76,517 | €54,695 | -€21,822 | -28.5% |
| Other amounts receivable | 41 | €9,000 | - | -€9,000 | |
| Cash at bank and in hand | 54/58 | €98,052 | €145,131 | +€47,079 | +48.0% |
| Deferred charges and accrued income | 490/1 | €17,237 | €13,560 | -€3,678 | -21.3% |
| Total equity and liabilities | 10/49 | €496,035 | €487,807 | -€8,228 | -1.7% |
| Equity | 10/15 | €225,547 | €244,497 | +€18,950 | +8.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €206,955 | €225,905 | +€18,950 | +9.2% |
| Distributable reserves | 133 | €206,955 | €225,905 | +€18,950 | +9.2% |
| Amounts payable | 17/49 | €270,488 | €243,310 | -€27,178 | -10.0% |
| Amounts payable after more than one year | 17 | €13,220 | €3,941 | -€9,280 | -70.2% |
| Financial debts | 170/4 | €13,220 | €3,941 | -€9,280 | -70.2% |
| Amounts payable within one year | 42/48 | €257,267 | €239,369 | -€17,898 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €9,034 | €9,280 | +€246 | +2.7% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €20,722 | €8,423 | -€12,299 | -59.4% |
| Suppliers | 440/4 | €20,722 | €8,423 | -€12,299 | -59.4% |
| Taxes, remuneration and social security | 45 | €12,378 | €19,793 | +€7,416 | +59.9% |
| Taxes | 450/3 | €12,378 | €19,793 | +€7,416 | +59.9% |
| Other amounts payable | 47/48 | €115,134 | €101,873 | -€13,261 | -11.5% |
| Non-recurring operating income | 76A | €45,500 | - | -€45,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,650 | €28,694 | +€44 | +0.2% |
| Other operating charges | 640/8 | €1,512 | €1,216 | -€296 | -19.6% |
| Gross operating margin | 9900 | €45,112 | €99,159 | +€54,047 | +119.8% |
| Operating profit (loss) | 9901 | €14,950 | €69,249 | +€54,299 | +363.2% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €12,883 | €12,888 | +€5 | 0.0% |
| Recurring financial charges | 65 | €12,883 | €12,888 | +€5 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,067 | €56,372 | +€54,305 | +2627.2% |
| Income taxes | 67/77 | €1,418 | €15,864 | +€14,446 | +1019.0% |
| Profit (loss) for the period | 9904 | €649 | €40,508 | +€39,859 | +6138.2% |
| Profit (loss) for the period to be appropriated | 9905 | €649 | €40,508 | +€39,859 | +6138.2% |
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 9 October 2026 via checked.be.