LE Vastgoed: 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.
LE Vastgoed
Largest movements
- Tangible fixed assets -€19,742
down €19,742 (-2.9%), from €680,870 to €661,128
- Cash +€8,700
up €8,700 (+59.3%), from €14,668 to €23,368
mainly Net result for the year (+€33,137) and Depreciation (+€19,742)
- Debts after one year -€61,147
down €61,147 (-9.5%), from €642,797 to €581,650
- Profit (loss) carried forward +€33,137
up €33,137 (+826%), from €4,011 to €37,148
- Turnover -€78,000
no longer reported in 2025 (was €78,000)
- Taxes +€7,282
up €7,282 (+726%), from €1,003 to €8,284
- Gross operating margin -€4,971
down €4,971 (-5.9%), from €83,960 to €78,989
- Purchases and services -€3,140
no longer reported in 2025 (was €3,140)
- Financial charges -€1,232
down €1,232 (-7.7%), from €15,961 to €14,728
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 | €723,403 | €709,807 | -€13,597 | -1.9% |
| Fixed assets | 21/28 | €680,870 | €661,128 | -€19,742 | -2.9% |
| Tangible fixed assets | 22/27 | €680,870 | €661,128 | -€19,742 | -2.9% |
| Land and buildings | 22 | €680,870 | €661,128 | -€19,742 | -2.9% |
| Current assets | 29/58 | €42,533 | €48,679 | +€6,146 | +14.4% |
| Amounts receivable within one year | 40/41 | €27,865 | €25,311 | -€2,554 | -9.2% |
| Trade receivables | 40 | €7,865 | €23,595 | +€15,730 | +200% |
| Other amounts receivable | 41 | €20,000 | €1,716 | -€18,284 | -91.4% |
| Cash at bank and in hand | 54/58 | €14,668 | €23,368 | +€8,700 | +59.3% |
| Total equity and liabilities | 10/49 | €723,403 | €709,807 | -€13,597 | -1.9% |
| Equity | 10/15 | €14,011 | €47,148 | +€33,137 | +237% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,011 | €37,148 | +€33,137 | +826% |
| Amounts payable | 17/49 | €709,392 | €662,659 | -€46,733 | -6.6% |
| Amounts payable after more than one year | 17 | €642,797 | €581,650 | -€61,147 | -9.5% |
| Financial debts | 170/4 | €642,797 | €581,650 | -€61,147 | -9.5% |
| Amounts payable within one year | 42/48 | €66,595 | €81,009 | +€14,414 | +21.6% |
| Current portion of amounts payable after more than one year | 42 | €56,570 | €61,021 | +€4,452 | +7.9% |
| Financial debts | 43 | - | €5,772 | +€5,772 | |
| Credit institutions | 430/8 | - | €5,772 | +€5,772 | |
| Trade debts | 44 | €4,528 | €7,723 | +€3,195 | +70.6% |
| Suppliers | 440/4 | €4,528 | €7,723 | +€3,195 | +70.6% |
| Taxes, remuneration and social security | 45 | €5,006 | €5,053 | +€47 | +0.9% |
| Taxes | 450/3 | €5,006 | €5,053 | +€47 | +0.9% |
| Other amounts payable | 47/48 | €492 | €1,440 | +€948 | +193% |
| Turnover | 70 | €78,000 | - | -€78,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,140 | - | -€3,140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,742 | €19,742 | = | 0.0% |
| Other operating charges | 640/8 | €2,949 | €3,097 | +€148 | +5.0% |
| Gross operating margin | 9900 | €83,960 | €78,989 | -€4,971 | -5.9% |
| Operating profit (loss) | 9901 | €61,268 | €56,149 | -€5,119 | -8.4% |
| Financial charges | 65/66B | €15,961 | €14,728 | -€1,232 | -7.7% |
| Recurring financial charges | 65 | €15,961 | €14,728 | -€1,232 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €45,308 | €41,421 | -€3,886 | -8.6% |
| Income taxes | 67/77 | €1,003 | €8,284 | +€7,282 | +726% |
| Profit (loss) for the period | 9904 | €44,305 | €33,137 | -€11,168 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,305 | €33,137 | -€11,168 | -25.2% |
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 16 October 2026 via checked.be.