DE LEO bouwt: 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 LEO bouwt
Largest movements
- Receivables within one year -€13,750
down €13,750 (-81.0%), from €16,970 to €3,220
of which Trade receivables: -€10,328
- Cash +€12,891
up €12,891 (+54.5%), from €23,657 to €36,548
mainly Receivables within one year (+€13,750) and Net result for the year (+€7,095)
- Tangible fixed assets -€3,612
down €3,612 (-62.0%), from €5,826 to €2,214
of which Furniture and vehicles: -€3,321
- Deferred charges and accrued income +€2,603
up €2,603 (+1,902%), from €137 to €2,740
- Trade debts -€9,408
down €9,408 (-70.7%), from €13,306 to €3,897
- Profit (loss) carried forward +€5,091
no longer reported in 2025 (was -€5,091)
- Other debts +€2,171
up €2,171 (+218%), from €997 to €3,168
- Debts after one year -€2,166
down €2,166 (-36.1%), from €6,003 to €3,837
- Reserves +€2,005
up €2,005 (+13.7%), from €14,637 to €16,642
- Gross operating margin +€14,200
up €14,200, from -€405 to €13,795
- Taxes +€2,298
up €2,298 (+1,795%), from €128 to €2,426
- Other operating charges -€176
down €176 (-24.8%), from €712 to €536
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 | €46,590 | €44,722 | -€1,868 | -4.0% |
| Fixed assets | 21/28 | €5,826 | €2,214 | -€3,612 | -62.0% |
| Tangible fixed assets | 22/27 | €5,826 | €2,214 | -€3,612 | -62.0% |
| Plant, machinery and equipment | 23 | €792 | €502 | -€290 | -36.6% |
| Furniture and vehicles | 24 | €5,033 | €1,712 | -€3,321 | -66.0% |
| Current assets | 29/58 | €40,764 | €42,508 | +€1,744 | +4.3% |
| Amounts receivable within one year | 40/41 | €16,970 | €3,220 | -€13,750 | -81.0% |
| Trade receivables | 40 | €12,231 | €1,903 | -€10,328 | -84.4% |
| Other amounts receivable | 41 | €4,739 | €1,317 | -€3,422 | -72.2% |
| Cash at bank and in hand | 54/58 | €23,657 | €36,548 | +€12,891 | +54.5% |
| Deferred charges and accrued income | 490/1 | €137 | €2,740 | +€2,603 | +1,902% |
| Total equity and liabilities | 10/49 | €46,590 | €44,722 | -€1,868 | -4.0% |
| Equity | 10/15 | €19,546 | €26,642 | +€7,095 | +36.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €14,637 | €16,642 | +€2,005 | +13.7% |
| Distributable reserves | 133 | €14,637 | €16,642 | +€2,005 | +13.7% |
| Profit (loss) carried forward | 14 | -€5,091 | - | +€5,091 | |
| Amounts payable | 17/49 | €27,043 | €18,080 | -€8,963 | -33.1% |
| Amounts payable after more than one year | 17 | €6,003 | €3,837 | -€2,166 | -36.1% |
| Financial debts | 170/4 | €6,003 | €3,837 | -€2,166 | -36.1% |
| Amounts payable within one year | 42/48 | €21,041 | €14,244 | -€6,797 | -32.3% |
| Current portion of amounts payable after more than one year | 42 | €2,147 | €2,166 | +€19 | +0.9% |
| Trade debts | 44 | €13,306 | €3,897 | -€9,408 | -70.7% |
| Suppliers | 440/4 | €13,306 | €3,897 | -€9,408 | -70.7% |
| Taxes, remuneration and social security | 45 | €4,592 | €5,013 | +€421 | +9.2% |
| Taxes | 450/3 | €4,592 | €5,013 | +€421 | +9.2% |
| Other amounts payable | 47/48 | €997 | €3,168 | +€2,171 | +218% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,612 | €3,612 | -€0 | 0.0% |
| Other operating charges | 640/8 | €712 | €536 | -€176 | -24.8% |
| Gross operating margin | 9900 | -€405 | €13,795 | +€14,200 | |
| Operating profit (loss) | 9901 | -€4,729 | €9,648 | +€14,376 | |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €234 | €156 | -€78 | -33.4% |
| Recurring financial charges | 65 | €234 | €156 | -€78 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,963 | €9,522 | +€14,484 | |
| Income taxes | 67/77 | €128 | €2,426 | +€2,298 | +1,795% |
| Profit (loss) for the period | 9904 | -€5,091 | €7,095 | +€12,186 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,091 | €7,095 | +€12,186 |
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.