DE LEEUW: 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 LEEUW
Largest movements
- Cash +€18,724
up €18,724 (+130%), from €14,456 to €33,181
mainly Net result for the year (+€16,347) and Trade debts (+€5,805)
- Receivables within one year -€2,062
down €2,062 (-15.0%), from €13,788 to €11,726
of which Other amounts receivable: -€2,763
- Deferred charges and accrued income +€1,905
up €1,905 (+5.4%), from €35,120 to €37,025
- Reserves +€10,125
up €10,125 (+55.6%), from €18,221 to €28,346
- Profit (loss) carried forward +€6,223
no longer reported in 2025 (was -€6,223)
- Trade debts +€5,805
up €5,805 (+31.8%), from €18,263 to €24,068
- Other debts -€4,412
down €4,412 (-10.3%), from €42,853 to €38,441
- Gross operating margin +€19,793
up €19,793 (+279%), from €7,102 to €26,895
- Depreciation -€5,894
down €5,894 (-74.0%), from €7,963 to €2,070
- Taxes +€3,523
up €3,523 (+1,238%), from €285 to €3,808
- Financial charges -€1,348
down €1,348 (-32.4%), from €4,156 to €2,808
- Financial income -€1,316
down €1,316 (-67.7%), from €1,945 to €629
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 | €106,821 | €124,465 | +€17,644 | +16.5% |
| Fixed assets | 21/28 | €42,389 | €41,505 | -€883 | -2.1% |
| Tangible fixed assets | 22/27 | €41,889 | €41,005 | -€883 | -2.1% |
| Land and buildings | 22 | €38,161 | €37,713 | -€447 | -1.2% |
| Plant, machinery and equipment | 23 | €2,606 | €1,563 | -€1,043 | -40.0% |
| Furniture and vehicles | 24 | €91 | - | -€91 | |
| Other tangible fixed assets | 26 | €1,031 | €1,729 | +€699 | +67.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €64,433 | €82,960 | +€18,527 | +28.8% |
| Stocks and contracts in progress | 3 | €1,068 | €1,028 | -€40 | -3.7% |
| Stocks | 30/36 | €1,068 | €1,028 | -€40 | -3.7% |
| Amounts receivable within one year | 40/41 | €13,788 | €11,726 | -€2,062 | -15.0% |
| Trade receivables | 40 | €4,751 | €5,451 | +€700 | +14.7% |
| Other amounts receivable | 41 | €9,037 | €6,275 | -€2,763 | -30.6% |
| Cash at bank and in hand | 54/58 | €14,456 | €33,181 | +€18,724 | +130% |
| Deferred charges and accrued income | 490/1 | €35,120 | €37,025 | +€1,905 | +5.4% |
| Total equity and liabilities | 10/49 | €106,821 | €124,465 | +€17,644 | +16.5% |
| Equity | 10/15 | €44,224 | €60,572 | +€16,347 | +37.0% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €18,221 | €28,346 | +€10,125 | +55.6% |
| Distributable reserves | 133 | €18,221 | €28,346 | +€10,125 | +55.6% |
| Profit (loss) carried forward | 14 | -€6,223 | - | +€6,223 | |
| Amounts payable | 17/49 | €62,597 | €63,893 | +€1,297 | +2.1% |
| Amounts payable within one year | 42/48 | €62,597 | €63,893 | +€1,297 | +2.1% |
| Financial debts | 43 | €1,481 | €1,384 | -€96 | -6.5% |
| Credit institutions | 430/8 | €1,481 | €1,384 | -€96 | -6.5% |
| Trade debts | 44 | €18,263 | €24,068 | +€5,805 | +31.8% |
| Suppliers | 440/4 | €18,263 | €24,068 | +€5,805 | +31.8% |
| Other amounts payable | 47/48 | €42,853 | €38,441 | -€4,412 | -10.3% |
| Non-recurring operating income | 76A | - | €12,960 | +€12,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,963 | €2,070 | -€5,894 | -74.0% |
| Other operating charges | 640/8 | €2,866 | €2,491 | -€375 | -13.1% |
| Gross operating margin | 9900 | €7,102 | €26,895 | +€19,793 | +279% |
| Operating profit (loss) | 9901 | -€3,728 | €22,334 | +€26,062 | |
| Financial income | 75/76B | €1,945 | €629 | -€1,316 | -67.7% |
| Recurring financial income | 75 | €1,945 | €629 | -€1,316 | -67.7% |
| Financial charges | 65/66B | €4,156 | €2,808 | -€1,348 | -32.4% |
| Recurring financial charges | 65 | €4,156 | €2,808 | -€1,348 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,938 | €20,156 | +€26,094 | |
| Income taxes | 67/77 | €285 | €3,808 | +€3,523 | +1,238% |
| Profit (loss) for the period | 9904 | -€6,223 | €16,347 | +€22,570 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,223 | €16,347 | +€22,570 |
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 13 October 2026 via checked.be.