I-LEASE: 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.
I-LEASE
Largest movements
- Cash +€52,874
up €52,874 (+30.7%), from €172,280 to €225,153
mainly Debts after one year (+€61,175) and Net result for the year (+€38,841)
- Receivables within one year +€13,522
up €13,522 (+16.5%), from €81,810 to €95,331
of which Trade receivables: +€13,128
- Current investments +€5,438
up €5,438 (+388%), from €1,401 to €6,838
- Debts after one year +€61,175
up €61,175 (+241%), from €25,390 to €86,566
- Reserves +€20,841
up €20,841 (+1,123%), from €1,855 to €22,696
of which Distributable reserves: +€20,841
- Current portion of long-term debt -€15,469
no longer reported in 2025 (was €15,469)
- Tax, wage and social debts -€15,431
down €15,431 (-15.3%), from €101,018 to €85,587
of which Taxes: -€20,963
- Other debts +€9,745
up €9,745 (+14.3%), from €68,035 to €77,780
- Gross operating margin -€12,745
down €12,745 (-7.4%), from €171,448 to €158,703
- Staff costs +€11,287
up €11,287 (+20.6%), from €54,670 to €65,957
- Taxes +€7,717
up €7,717 (+23.0%), from €33,577 to €41,294
- Other operating charges -€2,551
down €2,551 (-43.6%), from €5,848 to €3,297
- Financial income -€2,435
no longer reported in 2025 (was €2,435)
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 | €256,042 | €327,732 | +€71,690 | +28.0% |
| Fixed assets | 21/28 | €259 | €259 | = | 0.0% |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €255,783 | €327,473 | +€71,690 | +28.0% |
| Amounts receivable within one year | 40/41 | €81,810 | €95,331 | +€13,522 | +16.5% |
| Trade receivables | 40 | €21,847 | €34,975 | +€13,128 | +60.1% |
| Other amounts receivable | 41 | €59,963 | €60,356 | +€393 | +0.7% |
| Current investments | 50/53 | €1,401 | €6,838 | +€5,438 | +388% |
| Cash at bank and in hand | 54/58 | €172,280 | €225,153 | +€52,874 | +30.7% |
| Deferred charges and accrued income | 490/1 | €293 | €150 | -€143 | -48.8% |
| Total equity and liabilities | 10/49 | €256,042 | €327,732 | +€71,690 | +28.0% |
| Equity | 10/15 | €21,406 | €42,247 | +€20,841 | +97.4% |
| Contributions | 10/11 | €19,551 | €19,551 | = | 0.0% |
| Contributions outside capital | 11 | - | €19,551 | +€19,551 | |
| Other | 1109/19 | - | €19,551 | +€19,551 | |
| Reserves | 13 | €1,855 | €22,696 | +€20,841 | +1,123% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | - | €20,841 | +€20,841 | |
| Amounts payable | 17/49 | €234,636 | €285,485 | +€50,849 | +21.7% |
| Amounts payable after more than one year | 17 | €25,390 | €86,566 | +€61,175 | +241% |
| Financial debts | 170/4 | €25,390 | €86,566 | +€61,175 | +241% |
| Amounts payable within one year | 42/48 | €209,245 | €198,920 | -€10,326 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €15,469 | - | -€15,469 | |
| Financial debts | 43 | €24,708 | €26,893 | +€2,185 | +8.8% |
| Credit institutions | 430/8 | €24,708 | €26,893 | +€2,185 | +8.8% |
| Trade debts | 44 | €16 | €8,659 | +€8,643 | +54,055% |
| Suppliers | 440/4 | €16 | €8,659 | +€8,643 | +54,055% |
| Taxes, remuneration and social security | 45 | €101,018 | €85,587 | -€15,431 | -15.3% |
| Taxes | 450/3 | €76,733 | €55,770 | -€20,963 | -27.3% |
| Remuneration and social security | 454/9 | €24,285 | €29,817 | +€5,532 | +22.8% |
| Other amounts payable | 47/48 | €68,035 | €77,780 | +€9,745 | +14.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €54,670 | €65,957 | +€11,287 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,879 | - | -€1,879 | |
| Other operating charges | 640/8 | €5,848 | €3,297 | -€2,551 | -43.6% |
| Gross operating margin | 9900 | €171,448 | €158,703 | -€12,745 | -7.4% |
| Operating profit (loss) | 9901 | €109,051 | €89,449 | -€19,603 | -18.0% |
| Financial income | 75/76B | €2,435 | - | -€2,435 | |
| Recurring financial income | 75 | €2,435 | - | -€2,435 | |
| Financial charges | 65/66B | €9,874 | €9,314 | -€560 | -5.7% |
| Recurring financial charges | 65 | €9,874 | €9,314 | -€560 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €101,612 | €80,135 | -€21,477 | -21.1% |
| Income taxes | 67/77 | €33,577 | €41,294 | +€7,717 | +23.0% |
| Profit (loss) for the period | 9904 | €68,035 | €38,841 | -€29,195 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,035 | €38,841 | -€29,195 | -42.9% |
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 17 October 2026 via checked.be.