Leading Eye: 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.
Leading Eye
Largest movements
- Cash +€55,347
up €55,347 (+272%), from €20,366 to €75,713
mainly Net result for the year (+€25,920) and Receivables after one year (+€12,145)
- Receivables after one year -€12,145
down €12,145 (-50.3%), from €24,145 to €12,000
- Receivables within one year -€11,823
down €11,823 (-84.7%), from €13,956 to €2,133
of which Trade receivables: -€12,865
- Tangible fixed assets +€1,157
up €1,157, from €0 to €1,157
of which Plant, machinery and equipment: +€1,157
- Reserves +€30,000
up €30,000 (+100%), from €30,000 to €60,000
- Tax, wage and social debts +€6,193
up €6,193 (+331%), from €1,873 to €8,066
- Profit (loss) carried forward -€4,080
down €4,080 (-89.2%), from €4,575 to €495
- Trade debts +€1,887
up €1,887 (+363%), from €519 to €2,406
- Other debts -€1,121
down €1,121 (-80.1%), from €1,400 to €279
- Gross operating margin +€20,483
up €20,483 (+124%), from €16,498 to €36,980
- Taxes +€7,720
up €7,720 (+407%), from €1,895 to €9,615
- Depreciation -€816
down €816 (-99.1%), from €824 to €7
- Financial charges +€523
up €523 (+123%), from €426 to €950
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 | €58,467 | €91,346 | +€32,879 | +56.2% |
| Fixed assets | 21/28 | €0 | €1,157 | +€1,157 | |
| Tangible fixed assets | 22/27 | €0 | €1,157 | +€1,157 | |
| Plant, machinery and equipment | 23 | - | €1,157 | +€1,157 | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €58,467 | €90,189 | +€31,722 | +54.3% |
| Amounts receivable after more than one year | 29 | €24,145 | €12,000 | -€12,145 | -50.3% |
| Other amounts receivable | 291 | €24,145 | €12,000 | -€12,145 | -50.3% |
| Amounts receivable within one year | 40/41 | €13,956 | €2,133 | -€11,823 | -84.7% |
| Trade receivables | 40 | €12,865 | €0 | -€12,865 | -100% |
| Other amounts receivable | 41 | €1,091 | €2,133 | +€1,042 | +95.5% |
| Cash at bank and in hand | 54/58 | €20,366 | €75,713 | +€55,347 | +272% |
| Deferred charges and accrued income | 490/1 | - | €343 | +€343 | |
| Total equity and liabilities | 10/49 | €58,467 | €91,346 | +€32,879 | +56.2% |
| Equity | 10/15 | €53,175 | €79,095 | +€25,920 | +48.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,000 | €60,000 | +€30,000 | +100% |
| Distributable reserves | 133 | €30,000 | €60,000 | +€30,000 | +100% |
| Profit (loss) carried forward | 14 | €4,575 | €495 | -€4,080 | -89.2% |
| Amounts payable | 17/49 | €5,292 | €12,251 | +€6,959 | +131% |
| Amounts payable within one year | 42/48 | €3,792 | €10,751 | +€6,959 | +184% |
| Trade debts | 44 | €519 | €2,406 | +€1,887 | +363% |
| Suppliers | 440/4 | €519 | €2,406 | +€1,887 | +363% |
| Taxes, remuneration and social security | 45 | €1,873 | €8,066 | +€6,193 | +331% |
| Taxes | 450/3 | €1,873 | €8,066 | +€6,193 | +331% |
| Other amounts payable | 47/48 | €1,400 | €279 | -€1,121 | -80.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €824 | €7 | -€816 | -99.1% |
| Other operating charges | 640/8 | €884 | €653 | -€231 | -26.2% |
| Non-recurring operating charges | 66A | €2,799 | €0 | -€2,799 | -100% |
| Gross operating margin | 9900 | €16,498 | €36,980 | +€20,483 | +124% |
| Operating profit (loss) | 9901 | €11,990 | €36,320 | +€24,330 | +203% |
| Financial income | 75/76B | €74 | €165 | +€91 | +124% |
| Recurring financial income | 75 | €74 | €165 | +€91 | +124% |
| Financial charges | 65/66B | €426 | €950 | +€523 | +123% |
| Recurring financial charges | 65 | €426 | €950 | +€523 | +123% |
| Profit (loss) for the period before taxes | 9903 | €11,638 | €35,535 | +€23,898 | +205% |
| Income taxes | 67/77 | €1,895 | €9,615 | +€7,720 | +407% |
| Profit (loss) for the period | 9904 | €9,743 | €25,920 | +€16,178 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €9,743 | €25,920 | +€16,178 | +166% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.