LEAF FTMT: 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.
LEAF FTMT
Largest movements
- Tangible fixed assets +€391,008
new in 2025: €391,008
- Receivables within one year -€18,394
down €18,394 (-58.5%), from €31,438 to €13,044
of which Trade receivables: -€23,122
- Deferred charges and accrued income +€13,337
up €13,337 (+2894.3%), from €461 to €13,798
- Debts after one year +€395,000
new in 2025: €395,000
- Trade debts -€13,396
down €13,396 (-87.0%), from €15,396 to €2,000
- Staff costs +€8,865
new in 2025: €8,865
- Depreciation +€5,487
new in 2025: €5,487
- Financial charges +€5,144
up €5,144 (+188.1%), from €2,735 to €7,879
- Taxes -€4,116
down €4,116 (-73.7%), from €5,587 to €1,471
- Gross operating margin -€2,905
down €2,905 (-10.3%), from €28,259 to €25,354
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 | €45,309 | €431,865 | +€386,556 | +853.2% |
| Fixed assets | 21/28 | - | €391,008 | +€391,008 | |
| Tangible fixed assets | 22/27 | - | €391,008 | +€391,008 | |
| Land and buildings | 22 | - | €391,008 | +€391,008 | |
| Current assets | 29/58 | €45,309 | €40,857 | -€4,451 | -9.8% |
| Amounts receivable within one year | 40/41 | €31,438 | €13,044 | -€18,394 | -58.5% |
| Trade receivables | 40 | €31,438 | €8,316 | -€23,122 | -73.5% |
| Other amounts receivable | 41 | - | €4,728 | +€4,728 | |
| Cash at bank and in hand | 54/58 | €13,410 | €14,016 | +€606 | +4.5% |
| Deferred charges and accrued income | 490/1 | €461 | €13,798 | +€13,337 | +2894.3% |
| Total equity and liabilities | 10/49 | €45,309 | €431,865 | +€386,556 | +853.2% |
| Equity | 10/15 | €21,728 | €22,926 | +€1,197 | +5.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €19,728 | €20,926 | +€1,197 | +6.1% |
| Amounts payable | 17/49 | €23,580 | €408,939 | +€385,359 | +1634.2% |
| Amounts payable after more than one year | 17 | - | €395,000 | +€395,000 | |
| Financial debts | 170/4 | - | €395,000 | +€395,000 | |
| Amounts payable within one year | 42/48 | €23,580 | €12,735 | -€10,846 | -46.0% |
| Financial debts | 43 | €6 | €0 | -€6 | -100.0% |
| Credit institutions | 430/8 | €6 | €0 | -€6 | -100.0% |
| Trade debts | 44 | €15,396 | €2,000 | -€13,396 | -87.0% |
| Suppliers | 440/4 | €15,396 | €2,000 | -€13,396 | -87.0% |
| Taxes, remuneration and social security | 45 | €7,915 | €10,644 | +€2,729 | +34.5% |
| Taxes | 450/3 | €7,915 | €9,180 | +€1,265 | +16.0% |
| Remuneration and social security | 454/9 | - | €1,463 | +€1,463 | |
| Other amounts payable | 47/48 | €263 | €91 | -€172 | -65.5% |
| Accrued charges and deferred income | 492/3 | - | €1,205 | +€1,205 | |
| Remuneration, social security and pensions | 62 | - | €8,865 | +€8,865 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,487 | +€5,487 | |
| Other operating charges | 640/8 | €209 | €581 | +€372 | +178.3% |
| Gross operating margin | 9900 | €28,259 | €25,354 | -€2,905 | -10.3% |
| Operating profit (loss) | 9901 | €28,050 | €10,420 | -€17,630 | -62.9% |
| Financial income | 75/76B | - | €127 | +€127 | |
| Recurring financial income | 75 | - | €127 | +€127 | |
| Financial charges | 65/66B | €2,735 | €7,879 | +€5,144 | +188.1% |
| Recurring financial charges | 65 | €2,735 | €7,879 | +€5,144 | +188.1% |
| Profit (loss) for the period before taxes | 9903 | €25,315 | €2,668 | -€22,647 | -89.5% |
| Income taxes | 67/77 | €5,587 | €1,471 | -€4,116 | -73.7% |
| Profit (loss) for the period | 9904 | €19,728 | €1,197 | -€18,531 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,728 | €1,197 | -€18,531 | -93.9% |
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 10 October 2026 via checked.be.