LEA VERWARMING: 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 VERWARMING
Largest movements
- Receivables after one year +€130,000
new in 2024: €130,000
- Receivables within one year -€54,264
down €54,264 (-57.6%), from €94,239 to €39,975
of which Other amounts receivable: -€63,780
- Tangible fixed assets +€18,117
new in 2024: €18,117
- Cash +€4,765
new in 2024: €4,765
mainly Receivables within one year (+€54,264) and Net result for the year (+€30,618)
- Profit (loss) carried forward +€30,618
up €30,618 (+43.2%), from €70,844 to €101,462
- Advances received +€27,069
new in 2024: €27,069
- Tax, wage and social debts +€14,819
up €14,819 (+75.8%), from €19,539 to €34,358
- Debts after one year +€13,259
new in 2024: €13,259
- Trade debts +€9,268
up €9,268 (+499%), from €1,856 to €11,124
- Gross operating margin -€6,113
down €6,113 (-11.0%), from €55,394 to €49,281
- Taxes -€4,939
down €4,939 (-25.3%), from €19,539 to €14,601
- Depreciation +€3,751
new in 2024: €3,751
- Financial charges +€953
up €953 (+132%), from €720 to €1,673
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,239 | €192,857 | +€98,619 | +105% |
| Fixed assets | 21/28 | - | €18,117 | +€18,117 | |
| Tangible fixed assets | 22/27 | - | €18,117 | +€18,117 | |
| Leasing and similar rights | 25 | - | €18,117 | +€18,117 | |
| Current assets | 29/58 | €94,239 | €174,740 | +€80,501 | +85.4% |
| Amounts receivable after more than one year | 29 | - | €130,000 | +€130,000 | |
| Other amounts receivable | 291 | - | €130,000 | +€130,000 | |
| Amounts receivable within one year | 40/41 | €94,239 | €39,975 | -€54,264 | -57.6% |
| Trade receivables | 40 | €22,943 | €32,459 | +€9,516 | +41.5% |
| Other amounts receivable | 41 | €71,296 | €7,516 | -€63,780 | -89.5% |
| Cash at bank and in hand | 54/58 | - | €4,765 | +€4,765 | |
| Total equity and liabilities | 10/49 | €94,239 | €192,857 | +€98,619 | +105% |
| Equity | 10/15 | €72,844 | €103,462 | +€30,618 | +42.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,844 | €101,462 | +€30,618 | +43.2% |
| Amounts payable | 17/49 | €21,395 | €89,396 | +€68,001 | +318% |
| Amounts payable after more than one year | 17 | - | €13,259 | +€13,259 | |
| Financial debts | 170/4 | - | €13,259 | +€13,259 | |
| Amounts payable within one year | 42/48 | €21,395 | €76,137 | +€54,742 | +256% |
| Current portion of amounts payable after more than one year | 42 | - | €3,585 | +€3,585 | |
| Trade debts | 44 | €1,856 | €11,124 | +€9,268 | +499% |
| Suppliers | 440/4 | €1,856 | €11,124 | +€9,268 | +499% |
| Advances received on contracts in progress | 46 | - | €27,069 | +€27,069 | |
| Taxes, remuneration and social security | 45 | €19,539 | €34,358 | +€14,819 | +75.8% |
| Taxes | 450/3 | €19,539 | €34,358 | +€14,819 | +75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,751 | +€3,751 | |
| Other operating charges | 640/8 | €836 | €823 | -€13 | -1.5% |
| Gross operating margin | 9900 | €55,394 | €49,281 | -€6,113 | -11.0% |
| Operating profit (loss) | 9901 | €54,559 | €44,708 | -€9,851 | -18.1% |
| Financial income | 75/76B | €1,863 | €2,184 | +€321 | +17.2% |
| Recurring financial income | 75 | €1,863 | €2,184 | +€321 | +17.2% |
| Financial charges | 65/66B | €720 | €1,673 | +€953 | +132% |
| Recurring financial charges | 65 | €720 | €1,673 | +€953 | +132% |
| Profit (loss) for the period before taxes | 9903 | €55,701 | €45,219 | -€10,483 | -18.8% |
| Income taxes | 67/77 | €19,539 | €14,601 | -€4,939 | -25.3% |
| Profit (loss) for the period | 9904 | €36,162 | €30,618 | -€5,544 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,162 | €30,618 | -€5,544 | -15.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.