LEA: 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.
LEA
Largest movements
- Cash +€103,815
up €103,815 (+28.9%), from €359,774 to €463,589
mainly Trade debts (+€85,223) and Accrued charges and deferred income (+€17,482)
- Trade debts +€85,223
up €85,223 (+91.0%), from €93,655 to €178,878
- Accrued charges and deferred income +€17,482
up €17,482 (+9.1%), from €191,737 to €209,220
- Staff costs +€6,986
up €6,986 (+2.4%), from €285,663 to €292,648
- Gross operating margin +€2,916
up €2,916 (+1.0%), from €288,548 to €291,464
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 | €556,825 | €654,641 | +€97,817 | +17.6% |
| Fixed assets | 21/28 | €4,365 | €3,452 | -€913 | -20.9% |
| Tangible fixed assets | 22/27 | €2,400 | €1,487 | -€913 | -38.0% |
| Furniture and vehicles | 24 | €2,400 | €1,487 | -€913 | -38.0% |
| Financial fixed assets | 28 | €1,965 | €1,965 | = | 0.0% |
| Current assets | 29/58 | €552,459 | €651,189 | +€98,730 | +17.9% |
| Amounts receivable within one year | 40/41 | €191,546 | €186,397 | -€5,149 | -2.7% |
| Trade receivables | 40 | €191,546 | €186,397 | -€5,149 | -2.7% |
| Cash at bank and in hand | 54/58 | €359,774 | €463,589 | +€103,815 | +28.9% |
| Deferred charges and accrued income | 490/1 | €1,140 | €1,204 | +€64 | +5.6% |
| Total equity and liabilities | 10/49 | €556,825 | €654,641 | +€97,817 | +17.6% |
| Equity | 10/15 | €204,444 | €199,648 | -€4,795 | -2.3% |
| Contributions | 10/11 | €75,760 | €75,760 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,684 | €123,888 | -€4,795 | -3.7% |
| Provisions and deferred taxes | 16 | €1,500 | €1,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,500 | €1,500 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable | 17/49 | €350,881 | €453,493 | +€102,612 | +29.2% |
| Amounts payable within one year | 42/48 | €159,144 | €244,273 | +€85,130 | +53.5% |
| Trade debts | 44 | €93,655 | €178,878 | +€85,223 | +91.0% |
| Suppliers | 440/4 | €93,655 | €178,878 | +€85,223 | +91.0% |
| Taxes, remuneration and social security | 45 | €62,685 | €62,537 | -€148 | -0.2% |
| Taxes | 450/3 | €4,376 | €4,260 | -€116 | -2.7% |
| Remuneration and social security | 454/9 | €58,309 | €58,277 | -€32 | -0.1% |
| Other amounts payable | 47/48 | €2,804 | €2,859 | +€55 | +2.0% |
| Accrued charges and deferred income | 492/3 | €191,737 | €209,220 | +€17,482 | +9.1% |
| Remuneration, social security and pensions | 62 | €285,663 | €292,648 | +€6,986 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €989 | €913 | -€76 | -7.7% |
| Other operating charges | 640/8 | €449 | €399 | -€50 | -11.2% |
| Gross operating margin | 9900 | €288,548 | €291,464 | +€2,916 | +1.0% |
| Operating profit (loss) | 9901 | €1,447 | -€2,496 | -€3,943 | |
| Financial charges | 65/66B | €526 | €465 | -€61 | -11.7% |
| Recurring financial charges | 65 | €526 | €465 | -€61 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €921 | -€2,961 | -€3,882 | |
| Income taxes | 67/77 | €2,627 | €1,834 | -€793 | -30.2% |
| Profit (loss) for the period | 9904 | -€1,706 | -€4,795 | -€3,089 | -181% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,706 | -€4,795 | -€3,089 | -181% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.