LeadProjects: 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.
LeadProjects
Largest movements
- Cash -€67,609
down €67,609 (-88.8%), from €76,176 to €8,568
mainly Other debts (-€93,000) and Debts after one year (-€8,974)
- Receivables within one year -€18,810
down €18,810 (-26.6%), from €70,588 to €51,777
of which Other amounts receivable: -€53,344
- Tangible fixed assets -€6,286
down €6,286 (-12.2%), from €51,680 to €45,395
of which Leasing and similar rights: -€9,555
- Other debts -€93,000
no longer reported in 2025 (was €93,000)
- Profit (loss) carried forward +€16,995
up €16,995 (+341%), from €4,984 to €21,979
- Debts after one year -€8,974
down €8,974 (-24.9%), from €35,998 to €27,024
- Tax, wage and social debts -€5,335
down €5,335 (-32.5%), from €16,406 to €11,071
- Gross operating margin -€16,719
down €16,719 (-34.3%), from €48,710 to €31,992
- Depreciation +€7,877
up €7,877 (+255%), from €3,087 to €10,964
- Taxes -€7,621
down €7,621 (-59.0%), from €12,913 to €5,292
- Other operating charges -€723
down €723 (-49.9%), from €1,450 to €727
- Financial income +€515
up €515 (+26.1%), from €1,974 to €2,489
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 | €200,537 | €109,159 | -€91,379 | -45.6% |
| Fixed assets | 21/28 | €51,680 | €45,395 | -€6,286 | -12.2% |
| Tangible fixed assets | 22/27 | €51,680 | €45,395 | -€6,286 | -12.2% |
| Furniture and vehicles | 24 | €157 | €1,549 | +€1,392 | +884% |
| Leasing and similar rights | 25 | €45,439 | €35,884 | -€9,555 | -21.0% |
| Other tangible fixed assets | 26 | €6,084 | €7,961 | +€1,878 | +30.9% |
| Current assets | 29/58 | €148,857 | €63,764 | -€85,093 | -57.2% |
| Amounts receivable within one year | 40/41 | €70,588 | €51,777 | -€18,810 | -26.6% |
| Trade receivables | 40 | €4,096 | €38,630 | +€34,534 | +843% |
| Other amounts receivable | 41 | €66,492 | €13,147 | -€53,344 | -80.2% |
| Cash at bank and in hand | 54/58 | €76,176 | €8,568 | -€67,609 | -88.8% |
| Deferred charges and accrued income | 490/1 | €2,093 | €3,419 | +€1,326 | +63.4% |
| Total equity and liabilities | 10/49 | €200,537 | €109,159 | -€91,379 | -45.6% |
| Equity | 10/15 | €38,518 | €55,513 | +€16,995 | +44.1% |
| Contributions | 10/11 | €18,534 | €18,534 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,984 | €21,979 | +€16,995 | +341% |
| Amounts payable | 17/49 | €162,020 | €53,646 | -€108,373 | -66.9% |
| Amounts payable after more than one year | 17 | €35,998 | €27,024 | -€8,974 | -24.9% |
| Financial debts | 170/4 | €35,998 | €27,024 | -€8,974 | -24.9% |
| Amounts payable within one year | 42/48 | €126,022 | €26,622 | -€99,400 | -78.9% |
| Current portion of amounts payable after more than one year | 42 | €8,885 | €8,974 | +€88 | +1.0% |
| Trade debts | 44 | €7,730 | €6,577 | -€1,153 | -14.9% |
| Suppliers | 440/4 | €7,730 | €6,577 | -€1,153 | -14.9% |
| Taxes, remuneration and social security | 45 | €16,406 | €11,071 | -€5,335 | -32.5% |
| Taxes | 450/3 | €16,406 | €11,071 | -€5,335 | -32.5% |
| Other amounts payable | 47/48 | €93,000 | - | -€93,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,087 | €10,964 | +€7,877 | +255% |
| Other operating charges | 640/8 | €1,450 | €727 | -€723 | -49.9% |
| Gross operating margin | 9900 | €48,710 | €31,992 | -€16,719 | -34.3% |
| Operating profit (loss) | 9901 | €44,173 | €20,300 | -€23,873 | -54.0% |
| Financial income | 75/76B | €1,974 | €2,489 | +€515 | +26.1% |
| Recurring financial income | 75 | €1,974 | €2,489 | +€515 | +26.1% |
| Financial charges | 65/66B | €365 | €502 | +€137 | +37.5% |
| Recurring financial charges | 65 | €365 | €502 | +€137 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €45,781 | €22,287 | -€23,495 | -51.3% |
| Income taxes | 67/77 | €12,913 | €5,292 | -€7,621 | -59.0% |
| Profit (loss) for the period | 9904 | €32,868 | €16,995 | -€15,874 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,868 | €16,995 | -€15,874 | -48.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.