Leading Vision: what changed
What changed
Leading Vision
NACE 59.111, Production of cinema films
filed annual accounts (NBB)
Net result for the year
-€118,153
2024 · -€68,936-€49,218
Equity
€1.3m
2024 · €1.5m-€118,153
Cash
€20
2024 · €0+€20
Balance sheet total
€1.8m
2024 · €2.0m-€289,208
Largest movements
Assets
- Tangible fixed assets -€279,313
down €279,313 (-13.7%), from €2.0m to €1.8m
of which Land and buildings: -€259,608
Equity and liabilities
- Debts after one year -€342,328
down €342,328 (-93.2%), from €367,418 to €25,090
- Other debts +€196,718
up €196,718 (+104%), from €189,842 to €386,560
- Profit (loss) carried forward -€118,153
down €118,153 (-22.9%), from -€516,543 to -€634,696
- Current portion of long-term debt -€28,792
down €28,792 (-81.9%), from €35,146 to €6,354
Income statement
- Gross operating margin -€44,901
down €44,901 (-72.6%), from €61,865 to €16,964
- Other operating charges +€10,117
up €10,117 (+109%), from €9,254 to €19,371
- Depreciation -€6,503
down €6,503 (-5.8%), from €112,870 to €106,367
- Financial charges +€842
up €842 (+9.9%), from €8,537 to €9,380
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€68,936
Gross operating margin
-€44,901
Depreciation
+€6,503
Other operating charges
-€10,117
Financial income
+€0
Financial charges
-€842
Taxes
+€140
Result 2025
-€118,153
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€198,194
Investment
+€172,946
Financing
-€371,120
Cash 2024
€0
From operations (derived)
+€198,194
Net result for the year
-€118,153
Depreciation
+€106,367
Receivables within one year
+€9,933
Smaller working-capital items
+€666
Trade debts
+€2,663
Other debts
+€196,718
Investment (derived)
+€172,946
Investment in fixed assets (net)
+€172,946
Financing
-€371,120
Debts after one year
-€342,328
Current portion of long-term debt
-€28,792
Cash 2025
€20
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,047,499 | €1,758,291 | -€289,208 | -14.1% |
| Fixed assets | 21/28 | €2,035,243 | €1,755,930 | -€279,313 | -13.7% |
| Tangible fixed assets | 22/27 | €2,034,895 | €1,755,582 | -€279,313 | -13.7% |
| Land and buildings | 22 | €1,953,231 | €1,693,623 | -€259,608 | -13.3% |
| Plant, machinery and equipment | 23 | €4,672 | €3,508 | -€1,165 | -24.9% |
| Furniture and vehicles | 24 | €76,992 | €58,452 | -€18,540 | -24.1% |
| Financial fixed assets | 28 | €348 | €348 | = | 0.0% |
| Current assets | 29/58 | €12,256 | €2,360 | -€9,895 | -80.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €10,430 | €497 | -€9,933 | -95.2% |
| Trade receivables | 40 | €396 | €0 | -€396 | -100% |
| Other amounts receivable | 41 | €10,033 | €497 | -€9,536 | -95.0% |
| Cash at bank and in hand | 54/58 | €0 | €20 | +€20 | |
| Deferred charges and accrued income | 490/1 | €1,826 | €1,843 | +€17 | +0.9% |
| Total equity and liabilities | 10/49 | €2,047,499 | €1,758,291 | -€289,208 | -14.1% |
| Equity | 10/15 | €1,450,123 | €1,331,970 | -€118,153 | -8.1% |
| Contributions | 10/11 | €1,966,666 | €1,966,666 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€516,543 | -€634,696 | -€118,153 | -22.9% |
| Amounts payable | 17/49 | €597,376 | €426,321 | -€171,055 | -28.6% |
| Amounts payable after more than one year | 17 | €367,418 | €25,090 | -€342,328 | -93.2% |
| Financial debts | 170/4 | €367,418 | €25,090 | -€342,328 | -93.2% |
| Amounts payable within one year | 42/48 | €229,958 | €401,231 | +€171,273 | +74.5% |
| Current portion of amounts payable after more than one year | 42 | €35,146 | €6,354 | -€28,792 | -81.9% |
| Trade debts | 44 | €3,020 | €5,683 | +€2,663 | +88.2% |
| Suppliers | 440/4 | €3,020 | €5,683 | +€2,663 | +88.2% |
| Taxes, remuneration and social security | 45 | €1,950 | €2,634 | +€684 | +35.1% |
| Taxes | 450/3 | €1,950 | €2,634 | +€684 | +35.1% |
| Other amounts payable | 47/48 | €189,842 | €386,560 | +€196,718 | +104% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,870 | €106,367 | -€6,503 | -5.8% |
| Other operating charges | 640/8 | €9,254 | €19,371 | +€10,117 | +109% |
| Gross operating margin | 9900 | €61,865 | €16,964 | -€44,901 | -72.6% |
| Operating profit (loss) | 9901 | -€60,259 | -€108,774 | -€48,515 | -80.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €8,537 | €9,380 | +€842 | +9.9% |
| Recurring financial charges | 65 | €8,537 | €9,380 | +€842 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€68,796 | -€118,153 | -€49,357 | -71.7% |
| Income taxes | 67/77 | €140 | €0 | -€140 | -100% |
| Profit (loss) for the period | 9904 | -€68,936 | -€118,153 | -€49,218 | -71.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,936 | -€118,153 | -€49,218 | -71.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.