DE LEENER CONSTRUCT: 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 CONSTRUCT
Largest movements
- Tangible fixed assets +€553,291
up €553,291 (+254%), from €217,513 to €770,804
of which Land and buildings: +€559,014
- Cash -€126,191
down €126,191 (-70.0%), from €180,180 to €53,988
mainly Investment in fixed assets (net) (-€568,091) and Smaller working-capital items (-€2,252)
- Debts after one year +€384,252
up €384,252 (+275%), from €139,481 to €523,734
- Trade debts +€19,832
up €19,832 (+367%), from €5,399 to €25,231
- Tax, wage and social debts +€9,882
up €9,882 (+62.2%), from €15,877 to €25,760
of which Remuneration and social security: +€7,254
- Gross operating margin -€44,109
down €44,109 (-45.7%), from €96,435 to €52,326
- Staff costs -€33,943
down €33,943 (-85.9%), from €39,533 to €5,590
- Depreciation +€1,928
up €1,928 (+15.0%), from €12,873 to €14,800
- Taxes -€1,035
down €1,035 (-18.4%), from €5,633 to €4,598
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 | €454,380 | €877,849 | +€423,469 | +93.2% |
| Fixed assets | 21/28 | €217,619 | €770,910 | +€553,291 | +254% |
| Tangible fixed assets | 22/27 | €217,513 | €770,804 | +€553,291 | +254% |
| Land and buildings | 22 | €196,196 | €755,210 | +€559,014 | +285% |
| Plant, machinery and equipment | 23 | €11,150 | €7,269 | -€3,881 | -34.8% |
| Furniture and vehicles | 24 | €10,167 | €8,325 | -€1,842 | -18.1% |
| Financial fixed assets | 28 | €107 | €107 | = | 0.0% |
| Current assets | 29/58 | €236,761 | €106,939 | -€129,822 | -54.8% |
| Amounts receivable within one year | 40/41 | €53,558 | €48,578 | -€4,980 | -9.3% |
| Trade receivables | 40 | €47,382 | €48,018 | +€636 | +1.3% |
| Other amounts receivable | 41 | €6,176 | €560 | -€5,616 | -90.9% |
| Cash at bank and in hand | 54/58 | €180,180 | €53,988 | -€126,191 | -70.0% |
| Deferred charges and accrued income | 490/1 | €3,024 | €4,373 | +€1,349 | +44.6% |
| Total equity and liabilities | 10/49 | €454,380 | €877,849 | +€423,469 | +93.2% |
| Equity | 10/15 | €260,935 | €262,993 | +€2,058 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €242,335 | €244,393 | +€2,058 | +0.8% |
| Non-distributable reserves | 130/1 | €195,721 | €195,721 | = | 0.0% |
| Reserves not available under the articles | 1311 | €195,721 | €195,721 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €40,614 | €42,672 | +€2,058 | +5.1% |
| Amounts payable | 17/49 | €193,445 | €614,856 | +€421,410 | +218% |
| Amounts payable after more than one year | 17 | €139,481 | €523,734 | +€384,252 | +275% |
| Financial debts | 170/4 | €139,481 | €523,734 | +€384,252 | +275% |
| Amounts payable within one year | 42/48 | €46,855 | €84,013 | +€37,158 | +79.3% |
| Current portion of amounts payable after more than one year | 42 | €21,037 | €29,383 | +€8,347 | +39.7% |
| Trade debts | 44 | €5,399 | €25,231 | +€19,832 | +367% |
| Suppliers | 440/4 | €5,399 | €25,231 | +€19,832 | +367% |
| Advances received on contracts in progress | 46 | €750 | - | -€750 | |
| Taxes, remuneration and social security | 45 | €15,877 | €25,760 | +€9,882 | +62.2% |
| Taxes | 450/3 | €7,757 | €10,386 | +€2,629 | +33.9% |
| Remuneration and social security | 454/9 | €8,120 | €15,374 | +€7,254 | +89.3% |
| Other amounts payable | 47/48 | €3,792 | €3,639 | -€153 | -4.0% |
| Accrued charges and deferred income | 492/3 | €7,109 | €7,109 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €39,533 | €5,590 | -€33,943 | -85.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,873 | €14,800 | +€1,928 | +15.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €370 | - | -€370 | |
| Other operating charges | 640/8 | €2,500 | €3,335 | +€835 | +33.4% |
| Gross operating margin | 9900 | €96,435 | €52,326 | -€44,109 | -45.7% |
| Operating profit (loss) | 9901 | €41,159 | €28,600 | -€12,559 | -30.5% |
| Financial income | 75/76B | €70 | €770 | +€700 | +1,005% |
| Recurring financial income | 75 | €70 | €770 | +€700 | +1,005% |
| Financial charges | 65/66B | €22,866 | €22,713 | -€153 | -0.7% |
| Recurring financial charges | 65 | €22,866 | €22,713 | -€153 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €18,363 | €6,656 | -€11,707 | -63.8% |
| Income taxes | 67/77 | €5,633 | €4,598 | -€1,035 | -18.4% |
| Profit (loss) for the period | 9904 | €12,730 | €2,058 | -€10,672 | -83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,730 | €2,058 | -€10,672 | -83.8% |
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 13 October 2026 via checked.be.