Figleaf: 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.
Figleaf
Largest movements
- Tangible fixed assets -€29,658
down €29,658 (-5.6%), from €533,866 to €504,208
of which Land and buildings: -€25,396
- Cash -€8,250
down €8,250 (-39.7%), from €20,785 to €12,535
mainly Other debts (-€24,384) and Debts after one year (-€11,252)
- Other debts -€24,384
down €24,384 (-44.1%), from €55,354 to €30,971
- Debts after one year -€11,252
down €11,252 (-6.7%), from €168,779 to €157,527
- Gross operating margin +€2,607
up €2,607 (+6.2%), from €41,913 to €44,520
- Other operating charges +€2,546
up €2,546 (+108%), from €2,358 to €4,904
- Depreciation +€454
up €454 (+1.6%), from €29,204 to €29,658
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 | €556,465 | €518,443 | -€38,021 | -6.8% |
| Fixed assets | 21/28 | €533,866 | €504,208 | -€29,658 | -5.6% |
| Tangible fixed assets | 22/27 | €533,866 | €504,208 | -€29,658 | -5.6% |
| Land and buildings | 22 | €498,470 | €473,074 | -€25,396 | -5.1% |
| Plant, machinery and equipment | 23 | €35,396 | €31,134 | -€4,262 | -12.0% |
| Current assets | 29/58 | €22,599 | €14,236 | -€8,363 | -37.0% |
| Amounts receivable within one year | 40/41 | €216 | - | -€216 | |
| Other amounts receivable | 41 | €216 | - | -€216 | |
| Cash at bank and in hand | 54/58 | €20,785 | €12,535 | -€8,250 | -39.7% |
| Deferred charges and accrued income | 490/1 | €1,598 | €1,701 | +€102 | +6.4% |
| Total equity and liabilities | 10/49 | €556,465 | €518,443 | -€38,021 | -6.8% |
| Equity | 10/15 | €314,930 | €316,585 | +€1,655 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €296,000 | €297,000 | +€1,000 | +0.3% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €291,000 | €292,000 | +€1,000 | +0.3% |
| Profit (loss) carried forward | 14 | €330 | €985 | +€655 | +198% |
| Amounts payable | 17/49 | €241,535 | €201,858 | -€39,677 | -16.4% |
| Amounts payable after more than one year | 17 | €168,779 | €157,527 | -€11,252 | -6.7% |
| Financial debts | 170/4 | €168,779 | €157,527 | -€11,252 | -6.7% |
| Amounts payable within one year | 42/48 | €70,206 | €42,694 | -€27,512 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | €10,822 | €11,252 | +€430 | +4.0% |
| Trade debts | 44 | €4,030 | €472 | -€3,559 | -88.3% |
| Suppliers | 440/4 | €4,030 | €472 | -€3,559 | -88.3% |
| Other amounts payable | 47/48 | €55,354 | €30,971 | -€24,384 | -44.1% |
| Accrued charges and deferred income | 492/3 | €2,550 | €1,637 | -€913 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,204 | €29,658 | +€454 | +1.6% |
| Other operating charges | 640/8 | €2,358 | €4,904 | +€2,546 | +108% |
| Gross operating margin | 9900 | €41,913 | €44,520 | +€2,607 | +6.2% |
| Operating profit (loss) | 9901 | €10,351 | €9,958 | -€393 | -3.8% |
| Financial charges | 65/66B | €8,683 | €8,303 | -€380 | -4.4% |
| Recurring financial charges | 65 | €8,683 | €8,303 | -€380 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €1,668 | €1,655 | -€13 | -0.8% |
| Profit (loss) for the period | 9904 | €1,668 | €1,655 | -€13 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,668 | €1,655 | -€13 | -0.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.