DE LEEUW-DE ROOCK: 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.
What changed
DE LEEUW-DE ROOCK
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€12,346
2024 · €4,653-€16,999
Equity
€843,064
2024 · €855,410-€12,346
Cash
€1,889
2024 · €8,719-€6,831
Balance sheet total
€1.5m
2024 · €1.5m+€16,095
Largest movements
Assets
- Tangible fixed assets +€22,952
up €22,952 (+1.6%), from €1.5m to €1.5m
of which Furniture and vehicles: +€46,427
Equity and liabilities
- Reserves -€51,233
down €51,233 (-35.5%), from €144,296 to €93,064
- Profit (loss) carried forward +€38,887
no longer reported in 2025 (was -€38,887)
- Debts after one year +€28,825
up €28,825 (+5.3%), from €541,755 to €570,580
Income statement
- Depreciation +€10,017
up €10,017 (+26.9%), from €37,196 to €47,213
- Gross operating margin -€5,921
down €5,921 (-7.5%), from €78,755 to €72,835
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.
Result 2024
€4,653
Gross operating margin
-€5,921
Staff costs
-€618
Depreciation
-€10,017
Other operating charges
-€569
Financial income
-€1
Financial charges
+€119
Taxes
+€7
Result 2025
-€12,346
raises the resultlowers the result
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.
From operations
+€31,100
Investment
-€70,165
Financing
+€32,234
Cash 2024
€8,719
From operations (derived)
+€31,100
Net result for the year
-€12,346
Depreciation
+€47,213
Deferred charges and accrued income
+€26
Trade debts
-€189
Tax, wage and social debts
-€877
Advances received
-€1,880
Other debts
-€4,338
Accrued charges and deferred income
+€3,490
Investment (derived)
-€70,165
Investment in fixed assets (net)
-€70,165
Financing
+€32,234
Debts after one year
+€28,825
Current portion of long-term debt
+€3,409
Cash 2025
€1,889
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,467,850 | €1,483,945 | +€16,095 | +1.1% |
| Fixed assets | 21/28 | €1,456,725 | €1,479,677 | +€22,952 | +1.6% |
| Tangible fixed assets | 22/27 | €1,456,725 | €1,479,677 | +€22,952 | +1.6% |
| Land and buildings | 22 | €1,448,533 | €1,429,190 | -€19,344 | -1.3% |
| Plant, machinery and equipment | 23 | €8,191 | €4,059 | -€4,132 | -50.4% |
| Furniture and vehicles | 24 | - | €46,427 | +€46,427 | |
| Current assets | 29/58 | €11,125 | €4,268 | -€6,857 | -61.6% |
| Cash at bank and in hand | 54/58 | €8,719 | €1,889 | -€6,831 | -78.3% |
| Deferred charges and accrued income | 490/1 | €2,406 | €2,379 | -€26 | -1.1% |
| Total equity and liabilities | 10/49 | €1,467,850 | €1,483,945 | +€16,095 | +1.1% |
| Equity | 10/15 | €855,410 | €843,064 | -€12,346 | -1.4% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €144,296 | €93,064 | -€51,233 | -35.5% |
| Distributable reserves | 133 | €144,296 | €93,064 | -€51,233 | -35.5% |
| Profit (loss) carried forward | 14 | -€38,887 | - | +€38,887 | |
| Amounts payable | 17/49 | €612,440 | €640,881 | +€28,441 | +4.6% |
| Amounts payable after more than one year | 17 | €541,755 | €570,580 | +€28,825 | +5.3% |
| Financial debts | 170/4 | €541,755 | €570,580 | +€28,825 | +5.3% |
| Amounts payable within one year | 42/48 | €70,685 | €66,811 | -€3,874 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €33,574 | €36,982 | +€3,409 | +10.2% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €521 | €332 | -€189 | -36.2% |
| Suppliers | 440/4 | €521 | €332 | -€189 | -36.2% |
| Advances received on contracts in progress | 46 | €1,880 | - | -€1,880 | |
| Taxes, remuneration and social security | 45 | €4,295 | €3,419 | -€877 | -20.4% |
| Taxes | 450/3 | €2,397 | €2,479 | +€83 | +3.4% |
| Remuneration and social security | 454/9 | €1,899 | €940 | -€959 | -50.5% |
| Other amounts payable | 47/48 | €5,415 | €1,078 | -€4,338 | -80.1% |
| Accrued charges and deferred income | 492/3 | - | €3,490 | +€3,490 | |
| Remuneration, social security and pensions | 62 | €13,344 | €13,963 | +€618 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,196 | €47,213 | +€10,017 | +26.9% |
| Other operating charges | 640/8 | €6,834 | €7,403 | +€569 | +8.3% |
| Gross operating margin | 9900 | €78,755 | €72,835 | -€5,921 | -7.5% |
| Operating profit (loss) | 9901 | €21,381 | €4,256 | -€17,125 | -80.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €16,492 | €16,373 | -€119 | -0.7% |
| Recurring financial charges | 65 | €16,492 | €16,373 | -€119 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €4,889 | -€12,117 | -€17,007 | |
| Income taxes | 67/77 | €237 | €229 | -€7 | -3.2% |
| Profit (loss) for the period | 9904 | €4,653 | -€12,346 | -€16,999 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,653 | -€12,346 | -€16,999 |
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 23 October 2026 via checked.be.