LeafWheel: 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.
LeafWheel
Largest movements
- Cash +€35,627
up €35,627 (+102.3%), from €34,842 to €70,469
mainly Net result for the year (+€23,381) and Depreciation (+€8,397)
- Tangible fixed assets -€8,299
down €8,299 (-20.6%), from €40,317 to €32,017
of which Plant, machinery and equipment: -€6,508
- Profit (loss) carried forward +€23,381
up €23,381 (+41.1%), from -€56,855 to -€33,474
- Other debts +€2,104
up €2,104 (+57.9%), from €3,637 to €5,741
- Gross operating margin -€3,365
down €3,365 (-9.2%), from €36,627 to €33,262
- Depreciation -€1,472
down €1,472 (-14.9%), from €9,869 to €8,397
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 | €92,052 | €117,901 | +€25,849 | +28.1% |
| Fixed assets | 21/28 | €40,897 | €32,500 | -€8,397 | -20.5% |
| Intangible fixed assets | 21 | €580 | €482 | -€98 | -16.9% |
| Tangible fixed assets | 22/27 | €40,317 | €32,017 | -€8,299 | -20.6% |
| Plant, machinery and equipment | 23 | €34,688 | €28,180 | -€6,508 | -18.8% |
| Furniture and vehicles | 24 | €5,629 | €3,838 | -€1,791 | -31.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €51,155 | €85,401 | +€34,247 | +66.9% |
| Amounts receivable within one year | 40/41 | €15,137 | €14,200 | -€937 | -6.2% |
| Trade receivables | 40 | €14,786 | €14,077 | -€709 | -4.8% |
| Other amounts receivable | 41 | €351 | €123 | -€228 | -64.9% |
| Cash at bank and in hand | 54/58 | €34,842 | €70,469 | +€35,627 | +102.3% |
| Deferred charges and accrued income | 490/1 | €1,176 | €733 | -€443 | -37.7% |
| Total equity and liabilities | 10/49 | €92,052 | €117,901 | +€25,849 | +28.1% |
| Equity | 10/15 | €85,391 | €108,772 | +€23,381 | +27.4% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €142,246 | €142,246 | = | 0.0% |
| Distributable reserves | 133 | €142,246 | €142,246 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,855 | -€33,474 | +€23,381 | +41.1% |
| Amounts payable | 17/49 | €6,661 | €9,129 | +€2,468 | +37.1% |
| Amounts payable within one year | 42/48 | €6,661 | €9,129 | +€2,468 | +37.1% |
| Trade debts | 44 | €566 | €247 | -€318 | -56.3% |
| Suppliers | 440/4 | €566 | €247 | -€318 | -56.3% |
| Taxes, remuneration and social security | 45 | €2,458 | €3,141 | +€682 | +27.8% |
| Taxes | 450/3 | €2,458 | €2,491 | +€32 | +1.3% |
| Remuneration and social security | 454/9 | - | €650 | +€650 | |
| Other amounts payable | 47/48 | €3,637 | €5,741 | +€2,104 | +57.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,869 | €8,397 | -€1,472 | -14.9% |
| Other operating charges | 640/8 | €1,002 | €1,181 | +€178 | +17.8% |
| Gross operating margin | 9900 | €36,627 | €33,262 | -€3,365 | -9.2% |
| Operating profit (loss) | 9901 | €25,755 | €23,683 | -€2,072 | -8.0% |
| Financial income | 75/76B | €171 | €174 | +€4 | +2.1% |
| Recurring financial income | 75 | €171 | €174 | +€4 | +2.1% |
| Financial charges | 65/66B | €211 | €151 | -€60 | -28.5% |
| Recurring financial charges | 65 | €211 | €151 | -€60 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €25,714 | €23,706 | -€2,008 | -7.8% |
| Income taxes | 67/77 | €287 | €325 | +€39 | +13.5% |
| Profit (loss) for the period | 9904 | €25,428 | €23,381 | -€2,047 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,428 | €23,381 | -€2,047 | -8.0% |
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 3 October 2026 via checked.be.