LEAF Veterinary: 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 Veterinary
Largest movements
- Cash +€38,067
up €38,067 (+44.6%), from €85,259 to €123,326
mainly Other debts (+€60,810) and Net result for the year (+€31,746)
- Receivables within one year +€12,099
up €12,099 (+144.4%), from €8,380 to €20,479
of which Trade receivables: +€12,097
- Other debts +€60,810
up €60,810 (+521.0%), from €11,672 to €72,482
- Profit (loss) carried forward -€18,254
down €18,254 (-23.5%), from €77,784 to €59,530
- Tax, wage and social debts +€8,239
up €8,239 (+173.2%), from €4,758 to €12,998
- Trade debts -€1,544
down €1,544 (-41.7%), from €3,706 to €2,162
- Gross operating margin +€11,909
up €11,909 (+37.4%), from €31,825 to €43,735
- Taxes +€8,476
up €8,476 (+3386.6%), from €250 to €8,726
- Financial income -€4,488
down €4,488 (-99.7%), from €4,500 to €12
- Other operating charges -€2,182
down €2,182 (-69.7%), from €3,130 to €948
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 | €99,920 | €149,171 | +€49,251 | +49.3% |
| Fixed assets | 21/28 | €5,376 | €4,423 | -€953 | -17.7% |
| Tangible fixed assets | 22/27 | €4,977 | €4,023 | -€953 | -19.2% |
| Plant, machinery and equipment | 23 | €572 | €286 | -€286 | -50.0% |
| Furniture and vehicles | 24 | €4,405 | €3,737 | -€667 | -15.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €94,544 | €144,748 | +€50,204 | +53.1% |
| Amounts receivable within one year | 40/41 | €8,380 | €20,479 | +€12,099 | +144.4% |
| Trade receivables | 40 | €8,377 | €20,474 | +€12,097 | +144.4% |
| Other amounts receivable | 41 | €3 | €5 | +€2 | +66.1% |
| Cash at bank and in hand | 54/58 | €85,259 | €123,326 | +€38,067 | +44.6% |
| Deferred charges and accrued income | 490/1 | €905 | €944 | +€39 | +4.3% |
| Total equity and liabilities | 10/49 | €99,920 | €149,171 | +€49,251 | +49.3% |
| Equity | 10/15 | €79,784 | €61,530 | -€18,254 | -22.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,784 | €59,530 | -€18,254 | -23.5% |
| Amounts payable | 17/49 | €20,136 | €87,641 | +€67,505 | +335.2% |
| Amounts payable within one year | 42/48 | €20,136 | €87,641 | +€67,505 | +335.2% |
| Trade debts | 44 | €3,706 | €2,162 | -€1,544 | -41.7% |
| Suppliers | 440/4 | €3,706 | €2,162 | -€1,544 | -41.7% |
| Taxes, remuneration and social security | 45 | €4,758 | €12,998 | +€8,239 | +173.2% |
| Taxes | 450/3 | €4,758 | €12,998 | +€8,239 | +173.2% |
| Other amounts payable | 47/48 | €11,672 | €72,482 | +€60,810 | +521.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,892 | €2,044 | +€151 | +8.0% |
| Other operating charges | 640/8 | €3,130 | €948 | -€2,182 | -69.7% |
| Gross operating margin | 9900 | €31,825 | €43,735 | +€11,909 | +37.4% |
| Operating profit (loss) | 9901 | €26,803 | €40,743 | +€13,940 | +52.0% |
| Financial income | 75/76B | €4,500 | €12 | -€4,488 | -99.7% |
| Recurring financial income | 75 | €4,500 | €12 | -€4,488 | -99.7% |
| Financial charges | 65/66B | €399 | €283 | -€116 | -29.1% |
| Recurring financial charges | 65 | €399 | €283 | -€116 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €30,904 | €40,472 | +€9,568 | +31.0% |
| Income taxes | 67/77 | €250 | €8,726 | +€8,476 | +3386.6% |
| Profit (loss) for the period | 9904 | €30,653 | €31,746 | +€1,093 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,653 | €31,746 | +€1,093 | +3.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.