Lead-Inspire: what changed
Two fiscal 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.
Lead-Inspire
Largest movements
- Cash +€27,419
up €27,419 (+32.5%), from €84,445 to €111,864
mainly Other debts (+€84,716) and Net result for the year (+€48,238)
- Receivables within one year +€16,126
up €16,126 (+604.1%), from €2,670 to €18,796
of which Trade receivables: +€13,263
- Tangible fixed assets -€1,464
down €1,464 (-24.5%), from €5,964 to €4,500
of which Furniture and vehicles: -€1,076
- Other debts +€84,716
up €84,716 (+409.4%), from €20,693 to €105,409
- Reserves -€49,771
down €49,771 (-100.0%), from €49,771 to €0
- Profit (loss) carried forward +€3,892
up €3,892, from €0 to €3,892
- Gross operating margin +€27,405
up €27,405 (+69.3%), from €39,567 to €66,972
- Taxes +€5,466
up €5,466 (+70.1%), from €7,803 to €13,270
- Financial charges -€1,691
down €1,691 (-49.0%), from €3,452 to €1,762
- Other operating charges +€769
up €769 (+538.3%), from €143 to €912
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.
Cash bridge derived
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 | €95,749 | €135,610 | +€39,860 | +41.6% |
| Fixed assets | 21/28 | €7,593 | €4,803 | -€2,790 | -36.7% |
| Intangible fixed assets | 21 | €1,629 | €303 | -€1,327 | -81.4% |
| Tangible fixed assets | 22/27 | €5,964 | €4,500 | -€1,464 | -24.5% |
| Land and buildings | 22 | €3,631 | €3,244 | -€387 | -10.7% |
| Furniture and vehicles | 24 | €2,333 | €1,257 | -€1,076 | -46.1% |
| Current assets | 29/58 | €88,156 | €130,807 | +€42,651 | +48.4% |
| Amounts receivable within one year | 40/41 | €2,670 | €18,796 | +€16,126 | +604.1% |
| Trade receivables | 40 | €2,452 | €15,715 | +€13,263 | +541.0% |
| Other amounts receivable | 41 | €218 | €3,081 | +€2,864 | +1313.8% |
| Cash at bank and in hand | 54/58 | €84,445 | €111,864 | +€27,419 | +32.5% |
| Deferred charges and accrued income | 490/1 | €1,041 | €147 | -€894 | -85.9% |
| Total equity and liabilities | 10/49 | €95,749 | €135,610 | +€39,860 | +41.6% |
| Equity | 10/15 | €52,771 | €6,892 | -€45,879 | -86.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €49,771 | €0 | -€49,771 | -100.0% |
| Distributable reserves | 133 | €49,771 | €0 | -€49,771 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €3,892 | +€3,892 | |
| Amounts payable | 17/49 | €42,978 | €128,718 | +€85,740 | +199.5% |
| Amounts payable within one year | 42/48 | €42,978 | €128,718 | +€85,740 | +199.5% |
| Trade debts | 44 | €1,679 | €2,442 | +€762 | +45.4% |
| Suppliers | 440/4 | €1,679 | €2,442 | +€762 | +45.4% |
| Taxes, remuneration and social security | 45 | €20,606 | €20,867 | +€262 | +1.3% |
| Taxes | 450/3 | €10,246 | €19,387 | +€9,142 | +89.2% |
| Remuneration and social security | 454/9 | €10,360 | €1,480 | -€8,880 | -85.7% |
| Other amounts payable | 47/48 | €20,693 | €105,409 | +€84,716 | +409.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,225 | €2,790 | +€566 | +25.4% |
| Other operating charges | 640/8 | €143 | €912 | +€769 | +538.3% |
| Gross operating margin | 9900 | €39,567 | €66,972 | +€27,405 | +69.3% |
| Operating profit (loss) | 9901 | €37,199 | €63,270 | +€26,070 | +70.1% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100.0% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100.0% |
| Financial charges | 65/66B | €3,452 | €1,762 | -€1,691 | -49.0% |
| Recurring financial charges | 65 | €3,452 | €1,762 | -€1,691 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €33,754 | €61,508 | +€27,754 | +82.2% |
| Income taxes | 67/77 | €7,803 | €13,270 | +€5,466 | +70.1% |
| Profit (loss) for the period | 9904 | €25,951 | €48,238 | +€22,288 | +85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,951 | €48,238 | +€22,288 | +85.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.