Leadr: 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.
Leadr
Largest movements
- Cash +€34,724
up €34,724 (+333.8%), from €10,403 to €45,127
mainly Net result for the year (+€26,436) and Tax, wage and social debts (+€13,549)
- Receivables within one year +€13,300
up €13,300 (+111.5%), from €11,926 to €25,226
of which Trade receivables: +€14,145
- Tangible fixed assets +€3,506
up €3,506 (+45.5%), from €7,715 to €11,221
of which Furniture and vehicles: +€3,367
- Deferred charges and accrued income -€2,246
down €2,246 (-29.7%), from €7,567 to €5,321
- Intangible fixed assets +€1,248
new in 2025: €1,248
- Reserves +€27,250
new in 2025: €27,250
- Tax, wage and social debts +€13,549
up €13,549 (+225.6%), from €6,005 to €19,554
of which Taxes: +€11,649
- Other debts +€9,957
up €9,957 (+45.1%), from €22,088 to €32,045
- Debts after one year -€1,510
down €1,510 (-53.6%), from €2,817 to €1,307
- Trade debts +€1,362
up €1,362 (+254.2%), from €536 to €1,898
- Gross operating margin +€33,300
up €33,300 (+588.2%), from €5,662 to €38,961
- Taxes +€6,866
up €6,866 (+594.5%), from €1,155 to €8,021
- Depreciation +€2,955
up €2,955 (+895.6%), from €330 to €3,285
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 | €37,611 | €88,144 | +€50,533 | +134.4% |
| Fixed assets | 21/28 | €7,715 | €12,470 | +€4,755 | +61.6% |
| Intangible fixed assets | 21 | - | €1,248 | +€1,248 | |
| Tangible fixed assets | 22/27 | €7,715 | €11,221 | +€3,506 | +45.5% |
| Plant, machinery and equipment | 23 | €2,131 | €2,271 | +€140 | +6.6% |
| Furniture and vehicles | 24 | €5,583 | €8,950 | +€3,367 | +60.3% |
| Current assets | 29/58 | €29,896 | €75,674 | +€45,778 | +153.1% |
| Amounts receivable within one year | 40/41 | €11,926 | €25,226 | +€13,300 | +111.5% |
| Trade receivables | 40 | €11,081 | €25,226 | +€14,145 | +127.6% |
| Other amounts receivable | 41 | €845 | - | -€845 | |
| Cash at bank and in hand | 54/58 | €10,403 | €45,127 | +€34,724 | +333.8% |
| Deferred charges and accrued income | 490/1 | €7,567 | €5,321 | -€2,246 | -29.7% |
| Total equity and liabilities | 10/49 | €37,611 | €88,144 | +€50,533 | +134.4% |
| Equity | 10/15 | €3,967 | €30,403 | +€26,436 | +666.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €27,250 | +€27,250 | |
| Distributable reserves | 133 | - | €27,250 | +€27,250 | |
| Profit (loss) carried forward | 14 | €967 | €153 | -€814 | -84.2% |
| Amounts payable | 17/49 | €33,644 | €57,741 | +€24,097 | +71.6% |
| Amounts payable after more than one year | 17 | €2,817 | €1,307 | -€1,510 | -53.6% |
| Financial debts | 170/4 | €2,817 | €1,307 | -€1,510 | -53.6% |
| Amounts payable within one year | 42/48 | €30,077 | €55,007 | +€24,930 | +82.9% |
| Current portion of amounts payable after more than one year | 42 | €1,448 | €1,510 | +€62 | +4.3% |
| Trade debts | 44 | €536 | €1,898 | +€1,362 | +254.2% |
| Suppliers | 440/4 | €536 | €1,898 | +€1,362 | +254.2% |
| Taxes, remuneration and social security | 45 | €6,005 | €19,554 | +€13,549 | +225.6% |
| Taxes | 450/3 | €4,105 | €15,754 | +€11,649 | +283.7% |
| Remuneration and social security | 454/9 | €1,900 | €3,800 | +€1,900 | +100.0% |
| Other amounts payable | 47/48 | €22,088 | €32,045 | +€9,957 | +45.1% |
| Accrued charges and deferred income | 492/3 | €750 | €1,427 | +€677 | +90.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €330 | €3,285 | +€2,955 | +895.6% |
| Other operating charges | 640/8 | €1,169 | €851 | -€318 | -27.2% |
| Gross operating margin | 9900 | €5,662 | €38,961 | +€33,300 | +588.2% |
| Operating profit (loss) | 9901 | €4,162 | €34,825 | +€30,662 | +736.7% |
| Financial income | 75/76B | €15 | €20 | +€5 | +33.0% |
| Recurring financial income | 75 | €15 | €20 | +€5 | +33.0% |
| Financial charges | 65/66B | €355 | €388 | +€32 | +9.1% |
| Recurring financial charges | 65 | €355 | €388 | +€32 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €3,822 | €34,457 | +€30,635 | +801.6% |
| Income taxes | 67/77 | €1,155 | €8,021 | +€6,866 | +594.5% |
| Profit (loss) for the period | 9904 | €2,667 | €26,436 | +€23,769 | +891.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,667 | €26,436 | +€23,769 | +891.2% |
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 9 October 2026 via checked.be.