LEADEXCO: 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.
LEADEXCO
Largest movements
- Cash +€80,437
up €80,437 (+46.6%), from €172,434 to €252,871
mainly Net result for the year (+€66,062) and Tax, wage and social debts (+€23,203)
- Reserves +€66,062
up €66,062 (+46.4%), from €142,352 to €208,414
- Tax, wage and social debts +€23,203
up €23,203 (+122.2%), from €18,981 to €42,184
- Other debts -€8,046
down €8,046 (-84.2%), from €9,558 to €1,513
- Taxes +€4,294
up €4,294 (+22.7%), from €18,917 to €23,211
- Gross operating margin -€3,883
down €3,883 (-4.1%), from €93,787 to €89,904
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 | €173,729 | €254,111 | +€80,381 | +46.3% |
| Current assets | 29/58 | €173,729 | €254,111 | +€80,381 | +46.3% |
| Amounts receivable within one year | 40/41 | - | €1,240 | +€1,240 | |
| Trade receivables | 40 | - | €1,240 | +€1,240 | |
| Cash at bank and in hand | 54/58 | €172,434 | €252,871 | +€80,437 | +46.6% |
| Deferred charges and accrued income | 490/1 | €1,296 | €0 | -€1,296 | -100.0% |
| Total equity and liabilities | 10/49 | €173,729 | €254,111 | +€80,381 | +46.3% |
| Equity | 10/15 | €144,352 | €210,414 | +€66,062 | +45.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €142,352 | €208,414 | +€66,062 | +46.4% |
| Distributable reserves | 133 | €142,352 | €208,414 | +€66,062 | +46.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,377 | €43,696 | +€14,319 | +48.7% |
| Amounts payable within one year | 42/48 | €29,377 | €43,696 | +€14,319 | +48.7% |
| Trade debts | 44 | €838 | €0 | -€838 | -100.0% |
| Suppliers | 440/4 | €838 | €0 | -€838 | -100.0% |
| Taxes, remuneration and social security | 45 | €18,981 | €42,184 | +€23,203 | +122.2% |
| Taxes | 450/3 | €18,981 | €42,184 | +€23,203 | +122.2% |
| Other amounts payable | 47/48 | €9,558 | €1,513 | -€8,046 | -84.2% |
| Other operating charges | 640/8 | €852 | €462 | -€390 | -45.8% |
| Gross operating margin | 9900 | €93,787 | €89,904 | -€3,883 | -4.1% |
| Operating profit (loss) | 9901 | €92,935 | €89,442 | -€3,493 | -3.8% |
| Financial income | 75/76B | €4 | €11 | +€6 | +136.9% |
| Recurring financial income | 75 | €4 | €11 | +€6 | +136.9% |
| Financial charges | 65/66B | €105 | €180 | +€75 | +71.4% |
| Recurring financial charges | 65 | €105 | €180 | +€75 | +71.4% |
| Profit (loss) for the period before taxes | 9903 | €92,835 | €89,273 | -€3,562 | -3.8% |
| Income taxes | 67/77 | €18,917 | €23,211 | +€4,294 | +22.7% |
| Profit (loss) for the period | 9904 | €73,918 | €66,062 | -€7,856 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,918 | €66,062 | -€7,856 | -10.6% |
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 7 October 2026 via checked.be.