Elewaut-Leybaert: 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.
Elewaut-Leybaert
Largest movements
- Stocks and contracts -€534,476
down €534,476 (-33.4%), from €1.6m to €1.1m
of which Stocks: -€342,636
- Cash +€118,170
new in 2025: €118,170
mainly Stocks and contracts (+€534,476) and Net result for the year (+€79,698)
- Receivables within one year -€47,245
down €47,245 (-10.2%), from €464,879 to €417,634
of which Other amounts receivable: -€47,245
- Other debts -€249,588
down €249,588 (-43.7%), from €570,504 to €320,916
- Current portion of long-term debt -€111,853
down €111,853 (-18.4%), from €607,481 to €495,628
- Debts after one year -€73,128
down €73,128 (-20.1%), from €363,382 to €290,254
- Trade debts -€55,914
down €55,914 (-26.5%), from €210,868 to €154,954
- Financial charges -€40,464
down €40,464 (-46.9%), from €86,235 to €45,771
- Gross operating margin -€20,332
down €20,332 (-9.9%), from €205,133 to €184,801
- Taxes +€5,751
up €5,751 (+27.6%), from €20,818 to €26,570
- Write-downs -€4,973
down €4,973 (-45.2%), from €11,000 to €6,027
- Other operating charges +€2,065
up €2,065 (+38.1%), from €5,420 to €7,485
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 | €2,520,595 | €2,037,779 | -€482,816 | -19.2% |
| Fixed assets | 21/28 | €453,750 | €434,500 | -€19,250 | -4.2% |
| Tangible fixed assets | 22/27 | €453,750 | €434,500 | -€19,250 | -4.2% |
| Land and buildings | 22 | €453,750 | €434,500 | -€19,250 | -4.2% |
| Current assets | 29/58 | €2,066,845 | €1,603,279 | -€463,566 | -22.4% |
| Stocks and contracts in progress | 3 | €1,601,136 | €1,066,660 | -€534,476 | -33.4% |
| Stocks | 30/36 | €1,409,296 | €1,066,660 | -€342,636 | -24.3% |
| Contracts in progress | 37 | €191,840 | - | -€191,840 | |
| Amounts receivable within one year | 40/41 | €464,879 | €417,634 | -€47,245 | -10.2% |
| Trade receivables | 40 | €401,485 | €401,485 | = | 0.0% |
| Other amounts receivable | 41 | €63,394 | €16,149 | -€47,245 | -74.5% |
| Cash at bank and in hand | 54/58 | - | €118,170 | +€118,170 | |
| Deferred charges and accrued income | 490/1 | €830 | €815 | -€15 | -1.8% |
| Total equity and liabilities | 10/49 | €2,520,595 | €2,037,779 | -€482,816 | -19.2% |
| Equity | 10/15 | €740,810 | €762,508 | +€21,698 | +2.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €665,810 | €687,508 | +€21,698 | +3.3% |
| Distributable reserves | 133 | €665,810 | €687,508 | +€21,698 | +3.3% |
| Amounts payable | 17/49 | €1,779,785 | €1,275,271 | -€504,514 | -28.3% |
| Amounts payable after more than one year | 17 | €363,382 | €290,254 | -€73,128 | -20.1% |
| Financial debts | 170/4 | €363,382 | €290,254 | -€73,128 | -20.1% |
| Amounts payable within one year | 42/48 | €1,410,403 | €979,017 | -€431,386 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €607,481 | €495,628 | -€111,853 | -18.4% |
| Financial debts | 43 | €17,550 | €2,052 | -€15,498 | -88.3% |
| Credit institutions | 430/8 | €17,550 | €2,052 | -€15,498 | -88.3% |
| Trade debts | 44 | €210,868 | €154,954 | -€55,914 | -26.5% |
| Suppliers | 440/4 | €210,868 | €154,954 | -€55,914 | -26.5% |
| Taxes, remuneration and social security | 45 | €4,000 | €5,467 | +€1,467 | +36.7% |
| Taxes | 450/3 | €4,000 | €5,467 | +€1,467 | +36.7% |
| Other amounts payable | 47/48 | €570,504 | €320,916 | -€249,588 | -43.7% |
| Accrued charges and deferred income | 492/3 | €6,000 | €6,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,250 | €19,250 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,000 | €6,027 | -€4,973 | -45.2% |
| Other operating charges | 640/8 | €5,420 | €7,485 | +€2,065 | +38.1% |
| Gross operating margin | 9900 | €205,133 | €184,801 | -€20,332 | -9.9% |
| Operating profit (loss) | 9901 | €169,463 | €152,039 | -€17,425 | -10.3% |
| Financial charges | 65/66B | €86,235 | €45,771 | -€40,464 | -46.9% |
| Recurring financial charges | 65 | €86,235 | €45,771 | -€40,464 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €83,228 | €106,268 | +€23,039 | +27.7% |
| Income taxes | 67/77 | €20,818 | €26,570 | +€5,751 | +27.6% |
| Profit (loss) for the period | 9904 | €62,410 | €79,698 | +€17,288 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €62,410 | €79,698 | +€17,288 | +27.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.