DE LEYN MANAGEMENT: 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 LEYN MANAGEMENT
Largest movements
- Receivables within one year +€15,817
up €15,817 (+69.7%), from €22,678 to €38,495
of which Trade receivables: +€8,470
- Tangible fixed assets -€14,927
down €14,927 (-2.9%), from €514,224 to €499,297
of which Land and buildings: -€12,052
- Cash +€6,037
up €6,037 (+296%), from €2,042 to €8,080
mainly Other debts (+€28,211) and Depreciation (+€25,525)
- Debts after one year -€30,836
down €30,836 (-22.0%), from €140,106 to €109,270
- Other debts +€28,211
up €28,211 (+14.7%), from €192,387 to €220,598
- Reserves +€19,507
up €19,507 (+16.9%), from €115,307 to €134,815
- Tax, wage and social debts -€10,408
down €10,408 (-53.0%), from €19,624 to €9,216
- Gross operating margin +€22,149
up €22,149 (+60.2%), from €36,817 to €58,966
- Taxes +€4,891
up €4,891 (+390%), from €1,253 to €6,144
- Other operating charges +€1,397
up €1,397 (+44.4%), from €3,145 to €4,541
- Depreciation +€677
up €677 (+2.7%), from €24,848 to €25,525
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 | €541,128 | €548,794 | +€7,667 | +1.4% |
| Fixed assets | 21/28 | €514,224 | €499,297 | -€14,927 | -2.9% |
| Tangible fixed assets | 22/27 | €514,224 | €499,297 | -€14,927 | -2.9% |
| Land and buildings | 22 | €501,077 | €489,026 | -€12,052 | -2.4% |
| Plant, machinery and equipment | 23 | €13,147 | €10,272 | -€2,876 | -21.9% |
| Current assets | 29/58 | €26,903 | €49,497 | +€22,594 | +84.0% |
| Amounts receivable within one year | 40/41 | €22,678 | €38,495 | +€15,817 | +69.7% |
| Trade receivables | 40 | - | €8,470 | +€8,470 | |
| Other amounts receivable | 41 | €22,678 | €30,025 | +€7,347 | +32.4% |
| Current investments | 50/53 | - | €127 | +€127 | |
| Cash at bank and in hand | 54/58 | €2,042 | €8,080 | +€6,037 | +296% |
| Deferred charges and accrued income | 490/1 | €2,183 | €2,796 | +€613 | +28.1% |
| Total equity and liabilities | 10/49 | €541,128 | €548,794 | +€7,667 | +1.4% |
| Equity | 10/15 | €152,307 | €171,815 | +€19,507 | +12.8% |
| Contributions | 10/11 | €37,000 | €37,000 | = | 0.0% |
| Reserves | 13 | €115,307 | €134,815 | +€19,507 | +16.9% |
| Distributable reserves | 133 | €115,307 | €134,815 | +€19,507 | +16.9% |
| Amounts payable | 17/49 | €388,820 | €376,980 | -€11,840 | -3.0% |
| Amounts payable after more than one year | 17 | €140,106 | €109,270 | -€30,836 | -22.0% |
| Financial debts | 170/4 | €140,106 | €109,270 | -€30,836 | -22.0% |
| Amounts payable within one year | 42/48 | €248,714 | €264,782 | +€16,068 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €30,499 | €30,836 | +€337 | +1.1% |
| Trade debts | 44 | €6,203 | €4,131 | -€2,072 | -33.4% |
| Suppliers | 440/4 | €6,203 | €4,131 | -€2,072 | -33.4% |
| Taxes, remuneration and social security | 45 | €19,624 | €9,216 | -€10,408 | -53.0% |
| Taxes | 450/3 | €19,624 | €9,216 | -€10,408 | -53.0% |
| Other amounts payable | 47/48 | €192,387 | €220,598 | +€28,211 | +14.7% |
| Accrued charges and deferred income | 492/3 | €0 | €2,928 | +€2,928 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,848 | €25,525 | +€677 | +2.7% |
| Other operating charges | 640/8 | €3,145 | €4,541 | +€1,397 | +44.4% |
| Non-recurring operating charges | 66A | €3,855 | €0 | -€3,855 | -100% |
| Gross operating margin | 9900 | €36,817 | €58,966 | +€22,149 | +60.2% |
| Operating profit (loss) | 9901 | €4,970 | €28,900 | +€23,931 | +482% |
| Financial income | 75/76B | €1 | €1 | -€0 | -29.5% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -29.5% |
| Financial charges | 65/66B | €2,714 | €3,250 | +€536 | +19.7% |
| Recurring financial charges | 65 | €2,714 | €3,250 | +€536 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €2,257 | €25,651 | +€23,395 | +1,037% |
| Income taxes | 67/77 | €1,253 | €6,144 | +€4,891 | +390% |
| Profit (loss) for the period | 9904 | €1,003 | €19,507 | +€18,504 | +1,844% |
| Profit (loss) for the period to be appropriated | 9905 | €1,003 | €19,507 | +€18,504 | +1,844% |
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 31 October 2026 via checked.be.