LEADER TRADING: 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 TRADING
Largest movements
- Receivables within one year +€5,364
up €5,364 (+184%), from €2,917 to €8,281
of which Trade receivables: +€6,766
- Stocks and contracts -€4,810
down €4,810 (-20.8%), from €23,088 to €18,278
- Cash -€1,710
down €1,710 (-90.0%), from €1,900 to €190
mainly Trade debts (-€31,359) and Net result for the year (-€25,892)
- Other debts +€56,095
new in 2025: €56,095
- Trade debts -€31,359
down €31,359 (-93.4%), from €33,561 to €2,202
- Profit (loss) carried forward -€25,892
down €25,892 (-243%), from -€10,657 to -€36,548
- Gross operating margin -€15,639
down €15,639 (-173%), from -€9,056 to -€24,695
- Purchases and services +€9,186
up €9,186 (+27.1%), from €33,870 to €43,055
- Turnover -€6,454
down €6,454 (-26.0%), from €24,814 to €18,360
- Depreciation -€1,211
no longer reported in 2025 (was €1,211)
- Other operating charges +€690
up €690 (+180%), from €384 to €1,075
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 | €27,905 | €26,749 | -€1,156 | -4.1% |
| Current assets | 29/58 | €27,905 | €26,749 | -€1,156 | -4.1% |
| Stocks and contracts in progress | 3 | €23,088 | €18,278 | -€4,810 | -20.8% |
| Stocks | 30/36 | €23,088 | €18,278 | -€4,810 | -20.8% |
| Amounts receivable within one year | 40/41 | €2,917 | €8,281 | +€5,364 | +184% |
| Trade receivables | 40 | - | €6,766 | +€6,766 | |
| Other amounts receivable | 41 | €2,917 | €1,515 | -€1,402 | -48.1% |
| Cash at bank and in hand | 54/58 | €1,900 | €190 | -€1,710 | -90.0% |
| Total equity and liabilities | 10/49 | €27,905 | €26,749 | -€1,156 | -4.1% |
| Equity | 10/15 | -€5,657 | -€31,548 | -€25,892 | -458% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,657 | -€36,548 | -€25,892 | -243% |
| Amounts payable | 17/49 | €33,561 | €58,297 | +€24,736 | +73.7% |
| Amounts payable within one year | 42/48 | €33,561 | €58,297 | +€24,736 | +73.7% |
| Trade debts | 44 | €33,561 | €2,202 | -€31,359 | -93.4% |
| Suppliers | 440/4 | €33,561 | €2,202 | -€31,359 | -93.4% |
| Other amounts payable | 47/48 | - | €56,095 | +€56,095 | |
| Turnover | 70 | €24,814 | €18,360 | -€6,454 | -26.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €33,870 | €43,055 | +€9,186 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,211 | - | -€1,211 | |
| Other operating charges | 640/8 | €384 | €1,075 | +€690 | +180% |
| Gross operating margin | 9900 | -€9,056 | -€24,695 | -€15,639 | -173% |
| Operating profit (loss) | 9901 | -€10,651 | -€25,770 | -€15,119 | -142% |
| Financial charges | 65/66B | €6 | €122 | +€116 | +2,056% |
| Recurring financial charges | 65 | €6 | €122 | +€116 | +2,056% |
| Profit (loss) for the period before taxes | 9903 | -€10,657 | -€25,892 | -€15,235 | -143% |
| Profit (loss) for the period | 9904 | -€10,657 | -€25,892 | -€15,235 | -143% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,657 | -€25,892 | -€15,235 | -143% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.