LEAL CONSTRUCT: 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.
LEAL CONSTRUCT
Largest movements
- Receivables within one year -€10,800
down €10,800 (-32.3%), from €33,478 to €22,678
of which Trade receivables: -€11,168
- Cash +€9,388
up €9,388 (+321.1%), from €2,924 to €12,312
mainly Receivables within one year (+€10,800) and Net result for the year (+€6,521)
- Deferred charges and accrued income -€2,521
down €2,521 (-46.6%), from €5,405 to €2,884
- Tangible fixed assets -€587
down €587 (-66.4%), from €884 to €297
- Trade debts -€9,351
down €9,351 (-85.3%), from €10,958 to €1,607
- Profit (loss) carried forward +€6,521
up €6,521 (+91.2%), from -€7,154 to -€633
- Tax, wage and social debts -€2,250
down €2,250 (-44.2%), from €5,088 to €2,838
- Accrued charges and deferred income +€559
new in 2025: €559
- Gross operating margin +€13,931
up €13,931, from -€5,405 to €8,526
- Other operating charges +€547
up €547 (+224.9%), from €243 to €790
- Financial charges -€234
down €234 (-22.8%), from €1,026 to €792
- Financial income +€117
up €117 (+245.1%), from €48 to €164
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 | €42,692 | €38,172 | -€4,520 | -10.6% |
| Fixed assets | 21/28 | €884 | €297 | -€587 | -66.4% |
| Tangible fixed assets | 22/27 | €884 | €297 | -€587 | -66.4% |
| Furniture and vehicles | 24 | €884 | €297 | -€587 | -66.4% |
| Current assets | 29/58 | €41,807 | €37,874 | -€3,933 | -9.4% |
| Amounts receivable within one year | 40/41 | €33,478 | €22,678 | -€10,800 | -32.3% |
| Trade receivables | 40 | €29,831 | €18,663 | -€11,168 | -37.4% |
| Other amounts receivable | 41 | €3,648 | €4,015 | +€368 | +10.1% |
| Cash at bank and in hand | 54/58 | €2,924 | €12,312 | +€9,388 | +321.1% |
| Deferred charges and accrued income | 490/1 | €5,405 | €2,884 | -€2,521 | -46.6% |
| Total equity and liabilities | 10/49 | €42,692 | €38,172 | -€4,520 | -10.6% |
| Equity | 10/15 | €26,646 | €33,167 | +€6,521 | +24.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,800 | €30,800 | = | 0.0% |
| Distributable reserves | 133 | €30,800 | €30,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,154 | -€633 | +€6,521 | +91.2% |
| Amounts payable | 17/49 | €16,046 | €5,004 | -€11,041 | -68.8% |
| Amounts payable within one year | 42/48 | €16,046 | €4,445 | -€11,601 | -72.3% |
| Trade debts | 44 | €10,958 | €1,607 | -€9,351 | -85.3% |
| Suppliers | 440/4 | €10,958 | €1,607 | -€9,351 | -85.3% |
| Taxes, remuneration and social security | 45 | €5,088 | €2,838 | -€2,250 | -44.2% |
| Remuneration and social security | 454/9 | €5,088 | €2,838 | -€2,250 | -44.2% |
| Accrued charges and deferred income | 492/3 | - | €559 | +€559 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €587 | €587 | = | 0.0% |
| Other operating charges | 640/8 | €243 | €790 | +€547 | +224.9% |
| Gross operating margin | 9900 | -€5,405 | €8,526 | +€13,931 | |
| Operating profit (loss) | 9901 | -€6,235 | €7,149 | +€13,384 | |
| Financial income | 75/76B | €48 | €164 | +€117 | +245.1% |
| Recurring financial income | 75 | €48 | €164 | +€117 | +245.1% |
| Financial charges | 65/66B | €1,026 | €792 | -€234 | -22.8% |
| Recurring financial charges | 65 | €1,026 | €792 | -€234 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,213 | €6,521 | +€13,735 | |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€7,215 | €6,521 | +€13,737 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,215 | €6,521 | +€13,737 |
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.