IGNACE LEYSEN: 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.
IGNACE LEYSEN
Largest movements
- Receivables within one year -€173,042
down €173,042 (-93.5%), from €185,103 to €12,061
of which Trade receivables: -€185,103
- Profit (loss) carried forward -€135,246
down €135,246 (-64.6%), from -€209,247 to -€344,492
- Provisions -€64,565
no longer reported in 2025 (was €64,565)
- Other debts +€14,940
up €14,940 (+76.7%), from €19,472 to €34,412
- Financial charges +€123,621
new in 2025: €123,621
of which Non-recurring financial charges: +€123,417
- Gross operating margin -€9,733
down €9,733 (-550%), from -€1,771 to -€11,504
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 | €1,270,091 | €1,085,220 | -€184,871 | -14.6% |
| Current assets | 29/58 | €1,270,091 | €1,085,220 | -€184,871 | -14.6% |
| Amounts receivable within one year | 40/41 | €185,103 | €12,061 | -€173,042 | -93.5% |
| Trade receivables | 40 | €185,103 | - | -€185,103 | |
| Other amounts receivable | 41 | - | €12,061 | +€12,061 | |
| Current investments | 50/53 | €478,331 | €478,331 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €606,657 | €594,828 | -€11,829 | -1.9% |
| Total equity and liabilities | 10/49 | €1,270,091 | €1,085,220 | -€184,871 | -14.6% |
| Equity | 10/15 | €1,186,053 | €1,050,808 | -€135,246 | -11.4% |
| Contributions | 10/11 | €136,906 | €136,906 | = | 0.0% |
| Reserves | 13 | €1,258,395 | €1,258,395 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,691 | €13,691 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,691 | €13,691 | = | 0.0% |
| Distributable reserves | 133 | €1,244,704 | €1,244,704 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€209,247 | -€344,492 | -€135,246 | -64.6% |
| Provisions and deferred taxes | 16 | €64,565 | - | -€64,565 | |
| Provisions for liabilities and charges | 160/5 | €64,565 | - | -€64,565 | |
| Other liabilities and charges | 164/5 | €64,565 | - | -€64,565 | |
| Amounts payable | 17/49 | €19,472 | €34,412 | +€14,940 | +76.7% |
| Amounts payable within one year | 42/48 | €19,472 | €34,412 | +€14,940 | +76.7% |
| Other amounts payable | 47/48 | €19,472 | €34,412 | +€14,940 | +76.7% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€1,771 | -€11,504 | -€9,733 | -550% |
| Operating profit (loss) | 9901 | -€1,889 | -€11,624 | -€9,735 | -515% |
| Financial charges | 65/66B | - | €123,621 | +€123,621 | |
| Recurring financial charges | 65 | - | €205 | +€205 | |
| Non-recurring financial charges | 66B | - | €123,417 | +€123,417 | |
| Profit (loss) for the period before taxes | 9903 | -€1,889 | -€135,246 | -€133,357 | -7,060% |
| Profit (loss) for the period | 9904 | -€1,889 | -€135,246 | -€133,357 | -7,060% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,889 | -€135,246 | -€133,357 | -7,060% |
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 28 October 2026 via checked.be.