G. Leys Projects: 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.
G. Leys Projects
Largest movements
- Cash +€69,528
up €69,528 (+213%), from €32,673 to €102,200
mainly Other debts (+€120,800) and Net result for the year (+€119,978)
- Receivables within one year +€59,882
up €59,882 (+136%), from €44,072 to €103,954
of which Trade receivables: +€61,548
- Tangible fixed assets -€12,265
down €12,265 (-39.2%), from €31,313 to €19,048
of which Leasing and similar rights: -€12,355
- Other debts +€120,800
up €120,800, from €0 to €120,800
- Reserves -€63,490
down €63,490 (-100%), from €63,490 to €0
- Trade debts +€59,249
up €59,249 (+365%), from €16,211 to €75,460
- Debts after one year -€12,883
down €12,883 (-85.5%), from €15,059 to €2,176
- Tax, wage and social debts +€12,732
up €12,732 (+656%), from €1,940 to €14,672
- Gross operating margin +€80,812
up €80,812 (+84.8%), from €95,309 to €176,122
- Taxes +€24,887
up €24,887 (+151%), from €16,520 to €41,407
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 | €110,289 | €226,991 | +€116,702 | +106% |
| Fixed assets | 21/28 | €31,313 | €19,048 | -€12,265 | -39.2% |
| Tangible fixed assets | 22/27 | €31,313 | €19,048 | -€12,265 | -39.2% |
| Plant, machinery and equipment | 23 | €1,649 | €2,098 | +€449 | +27.2% |
| Furniture and vehicles | 24 | €1,535 | €1,176 | -€359 | -23.4% |
| Leasing and similar rights | 25 | €28,129 | €15,774 | -€12,355 | -43.9% |
| Current assets | 29/58 | €78,976 | €207,943 | +€128,967 | +163% |
| Amounts receivable within one year | 40/41 | €44,072 | €103,954 | +€59,882 | +136% |
| Trade receivables | 40 | €40,926 | €102,474 | +€61,548 | +150% |
| Other amounts receivable | 41 | €3,146 | €1,480 | -€1,666 | -53.0% |
| Cash at bank and in hand | 54/58 | €32,673 | €102,200 | +€69,528 | +213% |
| Deferred charges and accrued income | 490/1 | €2,231 | €1,789 | -€442 | -19.8% |
| Total equity and liabilities | 10/49 | €110,289 | €226,991 | +€116,702 | +106% |
| Equity | 10/15 | €64,490 | €1,000 | -€63,490 | -98.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €63,490 | €0 | -€63,490 | -100% |
| Distributable reserves | 133 | €63,490 | €0 | -€63,490 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,799 | €225,991 | +€180,193 | +393% |
| Amounts payable after more than one year | 17 | €15,059 | €2,176 | -€12,883 | -85.5% |
| Financial debts | 170/4 | €15,059 | €2,176 | -€12,883 | -85.5% |
| Amounts payable within one year | 42/48 | €30,740 | €223,815 | +€193,075 | +628% |
| Current portion of amounts payable after more than one year | 42 | €12,589 | €12,883 | +€294 | +2.3% |
| Trade debts | 44 | €16,211 | €75,460 | +€59,249 | +365% |
| Suppliers | 440/4 | €16,211 | €75,460 | +€59,249 | +365% |
| Taxes, remuneration and social security | 45 | €1,940 | €14,672 | +€12,732 | +656% |
| Taxes | 450/3 | €1,940 | €14,672 | +€12,732 | +656% |
| Other amounts payable | 47/48 | €0 | €120,800 | +€120,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,523 | €13,407 | -€117 | -0.9% |
| Other operating charges | 640/8 | €918 | €758 | -€159 | -17.3% |
| Gross operating margin | 9900 | €95,309 | €176,122 | +€80,812 | +84.8% |
| Operating profit (loss) | 9901 | €80,868 | €161,957 | +€81,088 | +100% |
| Financial income | 75/76B | €39 | €18 | -€21 | -53.1% |
| Recurring financial income | 75 | €39 | €18 | -€21 | -53.1% |
| Financial charges | 65/66B | €897 | €590 | -€307 | -34.3% |
| Recurring financial charges | 65 | €897 | €590 | -€307 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €80,011 | €161,385 | +€81,375 | +102% |
| Income taxes | 67/77 | €16,520 | €41,407 | +€24,887 | +151% |
| Profit (loss) for the period | 9904 | €63,490 | €119,978 | +€56,488 | +89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,490 | €119,978 | +€56,488 | +89.0% |
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 15 October 2026 via checked.be.