LEANETH: 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.
LEANETH
Largest movements
- Receivables within one year +€16,585
up €16,585 (+132.4%), from €12,526 to €29,111
- Cash +€15,291
up €15,291 (+43.6%), from €35,097 to €50,388
mainly Net result for the year (+€21,729) and Tax, wage and social debts (+€13,552)
- Tangible fixed assets -€7,697
down €7,697 (-44.8%), from €17,181 to €9,484
- Tax, wage and social debts +€13,552
up €13,552 (+83.1%), from €16,310 to €29,862
of which Taxes: +€9,457
- Other debts +€13,000
up €13,000 (+102.0%), from €12,750 to €25,750
- Profit (loss) carried forward -€8,271
down €8,271 (-26.8%), from €30,888 to €22,617
- Trade debts +€5,307
up €5,307 (+194.6%), from €2,727 to €8,034
- Gross operating margin +€8,644
up €8,644 (+30.3%), from €28,532 to €37,176
- Taxes +€2,236
up €2,236 (+49.4%), from €4,528 to €6,764
- Depreciation -€912
down €912 (-14.8%), from €6,166 to €5,254
- Other operating charges -€774
down €774 (-49.5%), from €1,565 to €791
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 | €65,675 | €89,630 | +€23,955 | +36.5% |
| Fixed assets | 21/28 | €17,181 | €9,484 | -€7,697 | -44.8% |
| Tangible fixed assets | 22/27 | €17,181 | €9,484 | -€7,697 | -44.8% |
| Furniture and vehicles | 24 | €17,181 | €9,484 | -€7,697 | -44.8% |
| Current assets | 29/58 | €48,494 | €80,146 | +€31,652 | +65.3% |
| Amounts receivable within one year | 40/41 | €12,526 | €29,111 | +€16,585 | +132.4% |
| Trade receivables | 40 | €12,526 | €29,111 | +€16,585 | +132.4% |
| Cash at bank and in hand | 54/58 | €35,097 | €50,388 | +€15,291 | +43.6% |
| Deferred charges and accrued income | 490/1 | €871 | €647 | -€224 | -25.7% |
| Total equity and liabilities | 10/49 | €65,675 | €89,630 | +€23,955 | +36.5% |
| Equity | 10/15 | €33,888 | €25,617 | -€8,271 | -24.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,888 | €22,617 | -€8,271 | -26.8% |
| Amounts payable | 17/49 | €31,787 | €64,013 | +€32,225 | +101.4% |
| Amounts payable within one year | 42/48 | €31,787 | €64,013 | +€32,225 | +101.4% |
| Trade debts | 44 | €2,727 | €8,034 | +€5,307 | +194.6% |
| Suppliers | 440/4 | €2,727 | €8,034 | +€5,307 | +194.6% |
| Advances received on contracts in progress | 46 | - | €367 | +€367 | |
| Taxes, remuneration and social security | 45 | €16,310 | €29,862 | +€13,552 | +83.1% |
| Taxes | 450/3 | €14,777 | €24,235 | +€9,457 | +64.0% |
| Remuneration and social security | 454/9 | €1,533 | €5,628 | +€4,094 | +267.1% |
| Other amounts payable | 47/48 | €12,750 | €25,750 | +€13,000 | +102.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,166 | €5,254 | -€912 | -14.8% |
| Other operating charges | 640/8 | €1,565 | €791 | -€774 | -49.5% |
| Non-recurring operating charges | 66A | - | €2,443 | +€2,443 | |
| Gross operating margin | 9900 | €28,532 | €37,176 | +€8,644 | +30.3% |
| Operating profit (loss) | 9901 | €20,800 | €28,688 | +€7,887 | +37.9% |
| Financial charges | 65/66B | €420 | €195 | -€225 | -53.6% |
| Recurring financial charges | 65 | €420 | €195 | -€225 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €20,380 | €28,493 | +€8,113 | +39.8% |
| Income taxes | 67/77 | €4,528 | €6,764 | +€2,236 | +49.4% |
| Profit (loss) for the period | 9904 | €15,852 | €21,729 | +€5,877 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,852 | €21,729 | +€5,877 | +37.1% |
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 3 October 2026 via checked.be.