Leandra Decuyper: 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.
Leandra Decuyper
Largest movements
- Cash +€154,564
up €154,564 (+117%), from €132,192 to €286,756
mainly Net result for the year (+€146,108) and Tax, wage and social debts (+€32,284)
- Deferred charges and accrued income +€22,251
up €22,251 (+42.0%), from €52,987 to €75,238
- Receivables within one year +€4,105
up €4,105 (+24.7%), from €16,591 to €20,697
of which Trade receivables: +€3,988
- Reserves +€146,108
up €146,108 (+93.8%), from €155,809 to €301,917
- Tax, wage and social debts +€32,284
up €32,284 (+83.2%), from €38,800 to €71,084
of which Taxes: +€32,158
- Gross operating margin +€74,286
up €74,286 (+61.7%), from €120,410 to €194,696
- Taxes +€18,722
up €18,722 (+74.3%), from €25,182 to €43,904
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.
Derived cash bridge
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 | €203,651 | €382,751 | +€179,101 | +87.9% |
| Fixed assets | 21/28 | €1,880 | €60 | -€1,820 | -96.8% |
| Tangible fixed assets | 22/27 | €1,880 | €60 | -€1,820 | -96.8% |
| Furniture and vehicles | 24 | €1,880 | €60 | -€1,820 | -96.8% |
| Current assets | 29/58 | €201,771 | €382,692 | +€180,921 | +89.7% |
| Amounts receivable within one year | 40/41 | €16,591 | €20,697 | +€4,105 | +24.7% |
| Trade receivables | 40 | €16,561 | €20,549 | +€3,988 | +24.1% |
| Other amounts receivable | 41 | €30 | €147 | +€117 | +387% |
| Cash at bank and in hand | 54/58 | €132,192 | €286,756 | +€154,564 | +117% |
| Deferred charges and accrued income | 490/1 | €52,987 | €75,238 | +€22,251 | +42.0% |
| Total equity and liabilities | 10/49 | €203,651 | €382,751 | +€179,101 | +87.9% |
| Equity | 10/15 | €157,809 | €303,917 | +€146,108 | +92.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €155,809 | €301,917 | +€146,108 | +93.8% |
| Distributable reserves | 133 | €155,809 | €301,917 | +€146,108 | +93.8% |
| Amounts payable | 17/49 | €45,841 | €78,835 | +€32,993 | +72.0% |
| Amounts payable within one year | 42/48 | €45,841 | €78,835 | +€32,993 | +72.0% |
| Trade debts | 44 | €285 | €1,791 | +€1,506 | +528% |
| Suppliers | 440/4 | €285 | €1,791 | +€1,506 | +528% |
| Taxes, remuneration and social security | 45 | €38,800 | €71,084 | +€32,284 | +83.2% |
| Taxes | 450/3 | €36,300 | €68,458 | +€32,158 | +88.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,627 | +€127 | +5.1% |
| Other amounts payable | 47/48 | €6,756 | €5,959 | -€797 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,841 | €1,820 | -€21 | -1.1% |
| Other operating charges | 640/8 | €2,328 | €2,289 | -€40 | -1.7% |
| Gross operating margin | 9900 | €120,410 | €194,696 | +€74,286 | +61.7% |
| Operating profit (loss) | 9901 | €116,241 | €190,587 | +€74,346 | +64.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.0% |
| Financial charges | 65/66B | €874 | €576 | -€297 | -34.0% |
| Recurring financial charges | 65 | €874 | €576 | -€297 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €115,368 | €190,011 | +€74,643 | +64.7% |
| Income taxes | 67/77 | €25,182 | €43,904 | +€18,722 | +74.3% |
| Profit (loss) for the period | 9904 | €90,186 | €146,108 | +€55,922 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90,186 | €146,108 | +€55,922 | +62.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.