Driessen-Leenman: what changed
Driessen-Leenman
Largest movements
- Receivables after one year +€225,000
new in 2025: €225,000
- Tangible fixed assets -€72,255
down €72,255 (-14.1%), from €513,818 to €441,563
of which Furniture and vehicles: -€41,523
- Cash +€39,415
up €39,415 (+977%), from €4,035 to €43,451
mainly Other debts (+€103,002) and Net result for the year (+€92,315)
- Other debts +€103,002
up €103,002 (+33.4%), from €308,779 to €411,781
- Reserves +€92,315
up €92,315 (+36.2%), from €255,002 to €347,317
- Current portion of long-term debt -€82,707
down €82,707 (-88.6%), from €93,332 to €10,625
- Debts after one year +€73,103
up €73,103 (+75.4%), from €96,897 to €170,000
- Tax, wage and social debts +€10,193
up €10,193 (+29.3%), from €34,818 to €45,011
of which Taxes: +€10,193
- Gross operating margin +€145,335
up €145,335 (+131%), from €111,269 to €256,604
- Financial charges +€43,260
up €43,260 (+783%), from €5,527 to €48,788
- Taxes +€30,354
up €30,354 (+285%), from €10,643 to €40,997
- Depreciation -€23,075
down €23,075 (-24.2%), from €95,330 to €72,255
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €814,447 | €1,008,100 | +€193,652 | +23.8% |
| Fixed assets | 21/28 | €726,568 | €659,313 | -€67,255 | -9.3% |
| Tangible fixed assets | 22/27 | €513,818 | €441,563 | -€72,255 | -14.1% |
| Land and buildings | 22 | €433,987 | €403,256 | -€30,732 | -7.1% |
| Furniture and vehicles | 24 | €79,831 | €38,307 | -€41,523 | -52.0% |
| Financial fixed assets | 28 | €212,750 | €217,750 | +€5,000 | +2.4% |
| Current assets | 29/58 | €87,879 | €348,786 | +€260,907 | +297% |
| Amounts receivable after more than one year | 29 | - | €225,000 | +€225,000 | |
| Other amounts receivable | 291 | - | €225,000 | +€225,000 | |
| Amounts receivable within one year | 40/41 | €80,156 | €76,457 | -€3,698 | -4.6% |
| Trade receivables | 40 | €0 | €54,419 | +€54,419 | |
| Other amounts receivable | 41 | €80,156 | €22,038 | -€58,117 | -72.5% |
| Cash at bank and in hand | 54/58 | €4,035 | €43,451 | +€39,415 | +977% |
| Deferred charges and accrued income | 490/1 | €3,688 | €3,878 | +€190 | +5.2% |
| Total equity and liabilities | 10/49 | €814,447 | €1,008,100 | +€193,652 | +23.8% |
| Equity | 10/15 | €273,602 | €365,917 | +€92,315 | +33.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €255,002 | €347,317 | +€92,315 | +36.2% |
| Distributable reserves | 133 | €255,002 | €347,317 | +€92,315 | +36.2% |
| Amounts payable | 17/49 | €540,845 | €642,183 | +€101,338 | +18.7% |
| Amounts payable after more than one year | 17 | €96,897 | €170,000 | +€73,103 | +75.4% |
| Financial debts | 170/4 | €96,897 | €170,000 | +€73,103 | +75.4% |
| Amounts payable within one year | 42/48 | €443,948 | €472,183 | +€28,235 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €93,332 | €10,625 | -€82,707 | -88.6% |
| Trade debts | 44 | €7,019 | €4,766 | -€2,252 | -32.1% |
| Suppliers | 440/4 | €7,019 | €4,766 | -€2,252 | -32.1% |
| Taxes, remuneration and social security | 45 | €34,818 | €45,011 | +€10,193 | +29.3% |
| Taxes | 450/3 | €34,818 | €45,011 | +€10,193 | +29.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €308,779 | €411,781 | +€103,002 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,330 | €72,255 | -€23,075 | -24.2% |
| Other operating charges | 640/8 | €6,910 | €5,549 | -€1,361 | -19.7% |
| Gross operating margin | 9900 | €111,269 | €256,604 | +€145,335 | +131% |
| Operating profit (loss) | 9901 | €9,029 | €178,800 | +€169,771 | +1,880% |
| Financial income | 75/76B | €2,060 | €3,299 | +€1,239 | +60.2% |
| Recurring financial income | 75 | €2,060 | €3,299 | +€1,239 | +60.2% |
| Financial charges | 65/66B | €5,527 | €48,788 | +€43,260 | +783% |
| Recurring financial charges | 65 | €5,527 | €48,788 | +€43,260 | +783% |
| Profit (loss) for the period before taxes | 9903 | €5,561 | €133,311 | +€127,750 | +2,297% |
| Income taxes | 67/77 | €10,643 | €40,997 | +€30,354 | +285% |
| Profit (loss) for the period | 9904 | -€5,082 | €92,315 | +€97,396 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,082 | €92,315 | +€97,396 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.