LEAFLIGHT: 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.
LEAFLIGHT
Largest movements
- Tangible fixed assets -€3,860
down €3,860 (-65.9%), from €5,854 to €1,994
of which Furniture and vehicles: -€3,619
- Receivables within one year -€587
no longer reported in 2025 (was €587)
of which Trade receivables: -€306
- Cash -€167
down €167 (-87.5%), from €191 to €24
mainly Net result for the year (-€8,114) and Tax, wage and social debts (-€521)
- Profit (loss) carried forward -€8,114
down €8,114 (-27.6%), from -€29,347 to -€37,461
- Other debts +€2,268
up €2,268 (+6.8%), from €33,494 to €35,761
- Trade debts +€1,753
new in 2025: €1,753
- Tax, wage and social debts -€521
no longer reported in 2025 (was €521)
- Depreciation -€1,252
down €1,252 (-24.5%), from €5,112 to €3,860
- Gross operating margin +€608
up €608 (+13.7%), from -€4,444 to -€3,836
- Financial charges -€68
down €68 (-78.6%), from €87 to €19
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 | €7,167 | €2,553 | -€4,614 | -64.4% |
| Fixed assets | 21/28 | €5,854 | €1,994 | -€3,860 | -65.9% |
| Tangible fixed assets | 22/27 | €5,854 | €1,994 | -€3,860 | -65.9% |
| Plant, machinery and equipment | 23 | €321 | €80 | -€241 | -75.1% |
| Furniture and vehicles | 24 | €5,533 | €1,914 | -€3,619 | -65.4% |
| Current assets | 29/58 | €1,313 | €559 | -€754 | -57.4% |
| Amounts receivable within one year | 40/41 | €587 | - | -€587 | |
| Trade receivables | 40 | €306 | - | -€306 | |
| Other amounts receivable | 41 | €281 | - | -€281 | |
| Cash at bank and in hand | 54/58 | €191 | €24 | -€167 | -87.5% |
| Deferred charges and accrued income | 490/1 | €535 | €535 | = | 0.0% |
| Total equity and liabilities | 10/49 | €7,167 | €2,553 | -€4,614 | -64.4% |
| Equity | 10/15 | -€26,847 | -€34,961 | -€8,114 | -30.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,347 | -€37,461 | -€8,114 | -27.6% |
| Amounts payable | 17/49 | €34,014 | €37,514 | +€3,500 | +10.3% |
| Amounts payable within one year | 42/48 | €34,014 | €37,514 | +€3,500 | +10.3% |
| Trade debts | 44 | - | €1,753 | +€1,753 | |
| Suppliers | 440/4 | - | €1,753 | +€1,753 | |
| Taxes, remuneration and social security | 45 | €521 | - | -€521 | |
| Taxes | 450/3 | €521 | - | -€521 | |
| Other amounts payable | 47/48 | €33,494 | €35,761 | +€2,268 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,112 | €3,860 | -€1,252 | -24.5% |
| Other operating charges | 640/8 | €392 | €400 | +€8 | +2.1% |
| Gross operating margin | 9900 | -€4,444 | -€3,836 | +€608 | +13.7% |
| Operating profit (loss) | 9901 | -€9,948 | -€8,096 | +€1,852 | +18.6% |
| Financial charges | 65/66B | €87 | €19 | -€68 | -78.6% |
| Recurring financial charges | 65 | €87 | €19 | -€68 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,034 | -€8,114 | +€1,920 | +19.1% |
| Profit (loss) for the period | 9904 | -€10,034 | -€8,114 | +€1,920 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,034 | -€8,114 | +€1,920 | +19.1% |
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.