LEAGL: 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.
LEAGL
Largest movements
- Intangible fixed assets +€280,000
new in 2024: €280,000
- Stocks and contracts +€81,470
new in 2024: €81,470
- Receivables within one year -€80,896
down €80,896 (-70.3%), from €115,097 to €34,201
of which Trade receivables: -€71,010
- Cash +€56,672
up €56,672 (+1613.4%), from €3,513 to €60,184
mainly Contributions, distributions and other (+€272,000) and Receivables within one year (+€80,896)
- Tangible fixed assets +€36,531
up €36,531 (+719.9%), from €5,074 to €41,605
of which Furniture and vehicles: +€26,503
- Contributions +€272,000
up €272,000 (+544.0%), from €50,000 to €322,000
- Trade debts +€65,711
up €65,711 (+174.7%), from €37,609 to €103,320
- Debts after one year +€32,949
new in 2024: €32,949
- Profit (loss) carried forward +€31,411
up €31,411, from -€31,411 to €0
- Tax, wage and social debts -€27,021
down €27,021 (-65.3%), from €41,371 to €14,350
of which Taxes: -€17,639
- Gross operating margin +€49,935
up €49,935 (+25.7%), from €194,014 to €243,949
- Staff costs +€44,454
up €44,454 (+32.7%), from €135,948 to €180,402
- Write-downs +€21,361
new in 2024: €21,361
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,351 | €499,118 | +€370,767 | +288.9% |
| Fixed assets | 21/28 | €5,074 | €321,605 | +€316,531 | +6238.1% |
| Intangible fixed assets | 21 | - | €280,000 | +€280,000 | |
| Tangible fixed assets | 22/27 | €5,074 | €41,605 | +€36,531 | +719.9% |
| Furniture and vehicles | 24 | - | €26,503 | +€26,503 | |
| Other tangible fixed assets | 26 | €5,074 | €15,102 | +€10,028 | +197.6% |
| Current assets | 29/58 | €123,277 | €177,513 | +€54,236 | +44.0% |
| Stocks and contracts in progress | 3 | - | €81,470 | +€81,470 | |
| Contracts in progress | 37 | - | €81,470 | +€81,470 | |
| Amounts receivable within one year | 40/41 | €115,097 | €34,201 | -€80,896 | -70.3% |
| Trade receivables | 40 | €95,780 | €24,770 | -€71,010 | -74.1% |
| Other amounts receivable | 41 | €19,317 | €9,431 | -€9,886 | -51.2% |
| Cash at bank and in hand | 54/58 | €3,513 | €60,184 | +€56,672 | +1613.4% |
| Deferred charges and accrued income | 490/1 | €4,667 | €1,658 | -€3,009 | -64.5% |
| Total equity and liabilities | 10/49 | €128,351 | €499,118 | +€370,767 | +288.9% |
| Equity | 10/15 | €18,589 | €323,040 | +€304,451 | +1637.8% |
| Contributions | 10/11 | €50,000 | €322,000 | +€272,000 | +544.0% |
| Reserves | 13 | - | €1,040 | +€1,040 | |
| Distributable reserves | 133 | - | €1,040 | +€1,040 | |
| Profit (loss) carried forward | 14 | -€31,411 | €0 | +€31,411 | |
| Amounts payable | 17/49 | €109,762 | €176,078 | +€66,316 | +60.4% |
| Amounts payable after more than one year | 17 | - | €32,949 | +€32,949 | |
| Financial debts | 170/4 | - | €32,949 | +€32,949 | |
| Amounts payable within one year | 42/48 | €109,762 | €143,129 | +€33,367 | +30.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,938 | +€5,938 | |
| Trade debts | 44 | €37,609 | €103,320 | +€65,711 | +174.7% |
| Suppliers | 440/4 | €37,609 | €103,320 | +€65,711 | +174.7% |
| Taxes, remuneration and social security | 45 | €41,371 | €14,350 | -€27,021 | -65.3% |
| Taxes | 450/3 | €18,589 | €950 | -€17,639 | -94.9% |
| Remuneration and social security | 454/9 | €22,782 | €13,400 | -€9,382 | -41.2% |
| Other amounts payable | 47/48 | €30,782 | €19,520 | -€11,262 | -36.6% |
| Remuneration, social security and pensions | 62 | €135,948 | €180,402 | +€44,454 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €538 | €2,902 | +€2,364 | +439.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €21,361 | +€21,361 | |
| Other operating charges | 640/8 | €3,190 | €3,218 | +€28 | +0.9% |
| Gross operating margin | 9900 | €194,014 | €243,949 | +€49,935 | +25.7% |
| Operating profit (loss) | 9901 | €54,338 | €36,066 | -€18,272 | -33.6% |
| Financial charges | 65/66B | €2,667 | €3,326 | +€660 | +24.7% |
| Recurring financial charges | 65 | €2,667 | €3,326 | +€660 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €51,671 | €32,739 | -€18,932 | -36.6% |
| Income taxes | 67/77 | €183 | €289 | +€106 | +57.7% |
| Profit (loss) for the period | 9904 | €51,488 | €32,451 | -€19,037 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,488 | €32,451 | -€19,037 | -37.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.