Leaf: 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.
Leaf
Largest movements
- Stocks and contracts +€20,532
up €20,532 (+435.0%), from €4,721 to €25,253
- Cash -€12,151
down €12,151 (-35.8%), from €33,920 to €21,769
mainly Stocks and contracts (-€20,532) and Investment in fixed assets (net) (-€10,100)
- Tangible fixed assets +€7,029
up €7,029 (+96.8%), from €7,265 to €14,294
of which Furniture and vehicles: +€9,144
- Other debts +€26,392
up €26,392 (+364.7%), from €7,236 to €33,628
- Reserves +€10,843
up €10,843 (+187.7%), from €5,775 to €16,618
- Tax, wage and social debts -€9,855
down €9,855 (-49.1%), from €20,055 to €10,200
of which Remuneration and social security: -€16,213
- Current portion of long-term debt -€7,023
down €7,023 (-55.9%), from €12,565 to €5,542
- Debts after one year -€5,542
down €5,542 (-69.9%), from €7,928 to €2,386
- Staff costs -€55,906
down €55,906 (-100.0%), from €55,906 to €0
- Gross operating margin -€50,033
down €50,033 (-73.0%), from €68,585 to €18,552
- Other operating charges -€6,678
down €6,678 (-89.7%), from €7,443 to €765
- Taxes +€2,618
up €2,618, from €0 to €2,618
- Depreciation +€1,039
up €1,039 (+51.2%), from €2,032 to €3,071
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 | €57,026 | €72,311 | +€15,284 | +26.8% |
| Fixed assets | 21/28 | €10,865 | €17,894 | +€7,029 | +64.7% |
| Tangible fixed assets | 22/27 | €7,265 | €14,294 | +€7,029 | +96.8% |
| Land and buildings | 22 | €6,625 | €4,924 | -€1,700 | -25.7% |
| Plant, machinery and equipment | 23 | €640 | €226 | -€414 | -64.7% |
| Furniture and vehicles | 24 | €0 | €9,144 | +€9,144 | |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €46,161 | €54,417 | +€8,256 | +17.9% |
| Stocks and contracts in progress | 3 | €4,721 | €25,253 | +€20,532 | +435.0% |
| Stocks | 30/36 | €4,721 | €25,253 | +€20,532 | +435.0% |
| Amounts receivable within one year | 40/41 | €5,714 | €6,004 | +€290 | +5.1% |
| Trade receivables | 40 | €5,465 | €5,465 | = | 0.0% |
| Other amounts receivable | 41 | €249 | €539 | +€290 | +116.5% |
| Cash at bank and in hand | 54/58 | €33,920 | €21,769 | -€12,151 | -35.8% |
| Deferred charges and accrued income | 490/1 | €1,808 | €1,392 | -€416 | -23.0% |
| Total equity and liabilities | 10/49 | €57,026 | €72,311 | +€15,284 | +26.8% |
| Equity | 10/15 | €8,775 | €19,618 | +€10,843 | +123.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,775 | €16,618 | +€10,843 | +187.7% |
| Distributable reserves | 133 | €5,775 | €16,618 | +€10,843 | +187.7% |
| Amounts payable | 17/49 | €48,251 | €52,693 | +€4,442 | +9.2% |
| Amounts payable after more than one year | 17 | €7,928 | €2,386 | -€5,542 | -69.9% |
| Financial debts | 170/4 | €7,928 | €2,386 | -€5,542 | -69.9% |
| Amounts payable within one year | 42/48 | €40,323 | €50,307 | +€9,984 | +24.8% |
| Current portion of amounts payable after more than one year | 42 | €12,565 | €5,542 | -€7,023 | -55.9% |
| Financial debts | 43 | - | €258 | +€258 | |
| Credit institutions | 430/8 | - | €258 | +€258 | |
| Trade debts | 44 | €467 | €679 | +€212 | +45.3% |
| Suppliers | 440/4 | €467 | €679 | +€212 | +45.3% |
| Taxes, remuneration and social security | 45 | €20,055 | €10,200 | -€9,855 | -49.1% |
| Taxes | 450/3 | €3,842 | €10,200 | +€6,358 | +165.5% |
| Remuneration and social security | 454/9 | €16,213 | €0 | -€16,213 | -100.0% |
| Other amounts payable | 47/48 | €7,236 | €33,628 | +€26,392 | +364.7% |
| Non-recurring operating income | 76A | €41,088 | €0 | -€41,088 | -100.0% |
| Remuneration, social security and pensions | 62 | €55,906 | €0 | -€55,906 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,032 | €3,071 | +€1,039 | +51.2% |
| Other operating charges | 640/8 | €7,443 | €765 | -€6,678 | -89.7% |
| Gross operating margin | 9900 | €68,585 | €18,552 | -€50,033 | -73.0% |
| Operating profit (loss) | 9901 | €3,204 | €14,715 | +€11,511 | +359.3% |
| Financial income | 75/76B | €13 | €1 | -€12 | -94.0% |
| Recurring financial income | 75 | €13 | €1 | -€12 | -94.0% |
| Financial charges | 65/66B | €1,413 | €1,256 | -€158 | -11.2% |
| Recurring financial charges | 65 | €1,413 | €1,256 | -€158 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €1,803 | €13,460 | +€11,657 | +646.4% |
| Income taxes | 67/77 | €0 | €2,618 | +€2,618 | |
| Profit (loss) for the period | 9904 | €1,803 | €10,843 | +€9,039 | +501.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,803 | €10,843 | +€9,039 | +501.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.