LEADER ELECTRONICS 112: 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.
LEADER ELECTRONICS 112
Largest movements
- Tangible fixed assets -€163,835
down €163,835 (-21.9%), from €746,403 to €582,568
of which Land and buildings: -€143,098
- Receivables within one year +€140,513
up €140,513 (+239%), from €58,858 to €199,371
of which Trade receivables: +€107,387
- Cash +€22,612
up €22,612 (+144%), from €15,704 to €38,316
mainly Investment in fixed assets (net) (+€131,014) and Net result for the year (+€103,513)
- Profit (loss) carried forward +€136,115
no longer reported in 2024 (was -€136,115)
- Debts after one year -€117,009
down €117,009 (-25.6%), from €457,448 to €340,439
- Trade debts +€78,995
up €78,995 (+67.8%), from €116,578 to €195,573
- Short-term financial debts -€47,463
down €47,463 (-94.9%), from €50,000 to €2,537
- Current portion of long-term debt -€45,107
down €45,107 (-42.7%), from €105,534 to €60,427
- Financial income +€447,740
up €447,740 (+34,548%), from €1,296 to €449,036
of which Non-recurring financial income: +€446,937
- Gross operating margin -€335,752
down €335,752, from €190,780 to -€144,972
- Depreciation -€37,498
down €37,498 (-53.3%), from €70,319 to €32,821
- Financial charges +€27,073
up €27,073 (+51.2%), from €52,850 to €79,923
of which Financial charges: +€18,073
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 | €892,883 | €889,438 | -€3,445 | -0.4% |
| Fixed assets | 21/28 | €760,908 | €597,074 | -€163,834 | -21.5% |
| Tangible fixed assets | 22/27 | €746,403 | €582,568 | -€163,835 | -21.9% |
| Land and buildings | 22 | €653,737 | €510,639 | -€143,098 | -21.9% |
| Furniture and vehicles | 24 | €33,635 | €29,845 | -€3,790 | -11.3% |
| Leasing and similar rights | 25 | €59,031 | €42,084 | -€16,947 | -28.7% |
| Financial fixed assets | 28 | €14,505 | €14,506 | +€1 | 0.0% |
| Current assets | 29/58 | €131,975 | €292,364 | +€160,389 | +122% |
| Amounts receivable after more than one year | 29 | €12,546 | €7,946 | -€4,600 | -36.7% |
| Other amounts receivable | 291 | €12,546 | €7,946 | -€4,600 | -36.7% |
| Stocks and contracts in progress | 3 | €38,260 | €44,850 | +€6,590 | +17.2% |
| Stocks | 30/36 | €38,260 | €44,850 | +€6,590 | +17.2% |
| Amounts receivable within one year | 40/41 | €58,858 | €199,371 | +€140,513 | +239% |
| Trade receivables | 40 | €45,719 | €153,106 | +€107,387 | +235% |
| Other amounts receivable | 41 | €13,139 | €46,265 | +€33,126 | +252% |
| Cash at bank and in hand | 54/58 | €15,704 | €38,316 | +€22,612 | +144% |
| Deferred charges and accrued income | 490/1 | €6,607 | €1,881 | -€4,726 | -71.5% |
| Total equity and liabilities | 10/49 | €892,883 | €889,438 | -€3,445 | -0.4% |
| Equity | 10/15 | €80,336 | €220,180 | +€139,844 | +174% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €197,851 | €201,580 | +€3,729 | +1.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €183,991 | €75,000 | -€108,991 | -59.2% |
| Distributable reserves | 133 | €12,000 | €124,720 | +€112,720 | +939% |
| Profit (loss) carried forward | 14 | -€136,115 | - | +€136,115 | |
| Provisions and deferred taxes | 16 | €36,330 | - | -€36,330 | |
| Deferred taxes | 168 | €36,330 | - | -€36,330 | |
| Amounts payable | 17/49 | €776,217 | €669,258 | -€106,959 | -13.8% |
| Amounts payable after more than one year | 17 | €457,448 | €340,439 | -€117,009 | -25.6% |
| Financial debts | 170/4 | €457,448 | €340,439 | -€117,009 | -25.6% |
| Amounts payable within one year | 42/48 | €318,769 | €328,819 | +€10,050 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €105,534 | €60,427 | -€45,107 | -42.7% |
| Financial debts | 43 | €50,000 | €2,537 | -€47,463 | -94.9% |
| Credit institutions | 430/8 | €50,000 | €2,537 | -€47,463 | -94.9% |
| Trade debts | 44 | €116,578 | €195,573 | +€78,995 | +67.8% |
| Suppliers | 440/4 | €116,578 | €195,573 | +€78,995 | +67.8% |
| Taxes, remuneration and social security | 45 | €46,657 | €70,283 | +€23,626 | +50.6% |
| Taxes | 450/3 | €31,654 | €58,777 | +€27,123 | +85.7% |
| Remuneration and social security | 454/9 | €15,003 | €11,506 | -€3,497 | -23.3% |
| Non-recurring operating income | 76A | €3,170 | - | -€3,170 | |
| Remuneration, social security and pensions | 62 | €76,276 | €77,373 | +€1,097 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,319 | €32,821 | -€37,498 | -53.3% |
| Other operating charges | 640/8 | €10,777 | €10,009 | -€768 | -7.1% |
| Non-recurring operating charges | 66A | €26,190 | - | -€26,190 | |
| Gross operating margin | 9900 | €190,780 | -€144,972 | -€335,752 | |
| Operating profit (loss) | 9901 | €7,218 | -€265,174 | -€272,392 | |
| Financial income | 75/76B | €1,296 | €449,036 | +€447,740 | +34,548% |
| Recurring financial income | 75 | €1,296 | €2,098 | +€802 | +61.9% |
| Non-recurring financial income | 76B | - | €446,937 | +€446,937 | |
| Financial charges | 65/66B | €52,850 | €79,923 | +€27,073 | +51.2% |
| Recurring financial charges | 65 | €52,850 | €70,923 | +€18,073 | +34.2% |
| Non-recurring financial charges | 66B | - | €9,000 | +€9,000 | |
| Profit (loss) for the period before taxes | 9903 | -€44,336 | €103,938 | +€148,274 | |
| Transfer from deferred taxes | 780 | €1,721 | - | -€1,721 | |
| Income taxes | 67/77 | €449 | €425 | -€24 | -5.3% |
| Profit (loss) for the period | 9904 | -€43,064 | €103,513 | +€146,577 | |
| Transfer from tax-exempt reserves | 789 | €5,164 | €145,321 | +€140,157 | +2,714% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,900 | €248,834 | +€286,734 |
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 16 October 2026 via checked.be.