LEANSQUARE: what changed
What changed
LEANSQUARE
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
-€2.4m
2024 · -€519,288-€1.9m
Equity
€4.4m
2024 · €6.8m-€2.4m
Cash
€1.4m
2024 · €2.7m-€1.3m
Balance sheet total
€37.4m
2024 · €35.6m+€1.8m
Largest movements
Assets
- Current investments +€2.9m
up €2.9m (+16.9%), from €17.1m to €20.0m
- Cash -€1.3m
down €1.3m (-48.8%), from €2.7m to €1.4m
mainly Current investments (-€2.9m) and Net result for the year (-€2.4m)
- Financial fixed assets +€761,233
up €761,233 (+5.8%), from €13.0m to €13.8m
of which Companies linked by participating interests: +€2.0m
Equity and liabilities
- Debts after one year +€4.0m
up €4.0m (+14.3%), from €27.9m to €31.9m
- Profit (loss) carried forward -€2.4m
down €2.4m (-42.5%), from -€5.7m to -€8.1m
- Accrued charges and deferred income +€569,140
up €569,140 (+2,775%), from €20,508 to €589,648
- Trade debts -€507,250
down €507,250 (-90.3%), from €561,895 to €54,645
Income statement
- Financial charges +€1.3m
up €1.3m (+78.5%), from €1.6m to €2.9m
of which Financial charges: +€814,838
- Financial income -€562,570
down €562,570 (-44.3%), from €1.3m to €707,521
of which Non-recurring financial income: -€657,052
- Turnover -€96,072
down €96,072 (-62.8%), from €153,056 to €56,984
- Other operating charges -€59,932
down €59,932 (-44.1%), from €135,862 to €75,931
- Write-downs +€55,394
up €55,394, from €0 to €55,394
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€519,288
Turnover
-€96,072
Other operating income
-€47,128
Services and other goods
+€46,942
Staff costs
+€43,697
Depreciation
+€1,009
Write-downs
-€55,394
Other operating charges
+€59,932
Financial income
-€562,570
Financial charges
-€1.3m
Taxes
+€143
Result 2025
-€2.4m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.6m
Investment
-€3.7m
Financing
+€4.0m
Cash 2024
€2.7m
From operations (derived)
-€1.6m
Net result for the year
-€2.4m
Depreciation
+€2,163
Receivables within one year
+€316,851
Deferred charges and accrued income
+€230,369
Trade debts
-€507,250
Tax, wage and social debts
-€357
Other debts
+€159,536
Accrued charges and deferred income
+€569,140
Investment (derived)
-€3.7m
Investment in fixed assets (net)
-€761,233
Current investments
-€2.9m
Financing
+€4.0m
Debts after one year
+€4.0m
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,589,448 | €37,403,420 | +€1.8m | +5.1% |
| Fixed assets | 21/28 | €13,031,719 | €13,790,789 | +€759,071 | +5.8% |
| Intangible fixed assets | 21 | €2,911 | €1,456 | -€1,455 | -50.0% |
| Tangible fixed assets | 22/27 | €707 | €0 | -€707 | -100% |
| Furniture and vehicles | 24 | €707 | €0 | -€707 | -100% |
| Financial fixed assets | 28 | €13,028,100 | €13,789,333 | +€761,233 | +5.8% |
| Companies linked by participating interests | 282/3 | €2,378,963 | €4,419,011 | +€2.0m | +85.8% |
| Participating interests | 282 | €2,378,963 | €4,419,011 | +€2.0m | +85.8% |
| Amounts receivable | 283 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €10,649,137 | €9,370,322 | -€1.3m | -12.0% |
| Shares | 284 | €7,140,366 | €6,716,899 | -€423,467 | -5.9% |
| Amounts receivable and cash guarantees | 285/8 | €3,508,771 | €2,653,423 | -€855,348 | -24.4% |
| Current assets | 29/58 | €22,557,729 | €23,612,631 | +€1.1m | +4.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,369,029 | €2,052,177 | -€316,851 | -13.4% |
| Trade receivables | 40 | €104,183 | €171,969 | +€67,786 | +65.1% |
| Other amounts receivable | 41 | €2,264,846 | €1,880,208 | -€384,638 | -17.0% |
| Current investments | 50/53 | €17,103,720 | €20,000,000 | +€2.9m | +16.9% |
| Other investments | 51/53 | €17,103,720 | €20,000,000 | +€2.9m | +16.9% |
| Cash at bank and in hand | 54/58 | €2,650,566 | €1,356,407 | -€1.3m | -48.8% |
| Deferred charges and accrued income | 490/1 | €434,415 | €204,046 | -€230,369 | -53.0% |
| Total equity and liabilities | 10/49 | €35,589,448 | €37,403,420 | +€1.8m | +5.1% |
| Equity | 10/15 | €6,841,871 | €4,434,773 | -€2.4m | -35.2% |
| Contributions | 10/11 | €12,500,000 | €12,500,000 | = | 0.0% |
| Capital | 10 | €12,500,000 | €12,500,000 | = | 0.0% |
| Issued capital | 100 | €12,500,000 | €12,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,658,129 | -€8,065,227 | -€2.4m | -42.5% |
| Amounts payable | 17/49 | €28,747,577 | €32,968,647 | +€4.2m | +14.7% |
| Amounts payable after more than one year | 17 | €27,912,970 | €31,912,970 | +€4.0m | +14.3% |
| Other amounts payable | 178/9 | €27,912,970 | €31,912,970 | +€4.0m | +14.3% |
| Amounts payable within one year | 42/48 | €814,099 | €466,029 | -€348,070 | -42.8% |
| Trade debts | 44 | €561,895 | €54,645 | -€507,250 | -90.3% |
| Suppliers | 440/4 | €561,895 | €54,645 | -€507,250 | -90.3% |
| Taxes, remuneration and social security | 45 | €357 | €0 | -€357 | -100% |
| Taxes | 450/3 | €357 | €0 | -€357 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €251,848 | €411,384 | +€159,536 | +63.3% |
| Accrued charges and deferred income | 492/3 | €20,508 | €589,648 | +€569,140 | +2,775% |
| Operating income | 70/76A | €978,726 | €835,525 | -€143,201 | -14.6% |
| Turnover | 70 | €153,056 | €56,984 | -€96,072 | -62.8% |
| Other operating income | 74 | €825,670 | €778,541 | -€47,128 | -5.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €1,138,754 | €1,042,568 | -€96,186 | -8.4% |
| Services and other goods | 61 | €954,127 | €907,185 | -€46,942 | -4.9% |
| Remuneration, social security and pensions | 62 | €45,593 | €1,896 | -€43,697 | -95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,171 | €2,163 | -€1,009 | -31.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €55,394 | +€55,394 | |
| Other operating charges | 640/8 | €135,862 | €75,931 | -€59,932 | -44.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | -€160,028 | -€207,043 | -€47,015 | -29.4% |
| Financial income | 75/76B | €1,270,091 | €707,521 | -€562,570 | -44.3% |
| Recurring financial income | 75 | €613,040 | €707,521 | +€94,482 | +15.4% |
| Income from financial fixed assets | 750 | €207,287 | €171,519 | -€35,768 | -17.3% |
| Income from current assets | 751 | €405,747 | €535,368 | +€129,622 | +31.9% |
| Other financial income | 752/9 | €6 | €634 | +€628 | +10,460% |
| Non-recurring financial income | 76B | €657,052 | €0 | -€657,052 | -100% |
| Financial charges | 65/66B | €1,629,131 | €2,907,498 | +€1.3m | +78.5% |
| Recurring financial charges | 65 | €217,542 | €1,032,380 | +€814,838 | +375% |
| Debt charges | 650 | €199,889 | €412,407 | +€212,518 | +106% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €467 | €609,678 | +€609,210 | +130,418% |
| Other financial charges | 652/9 | €17,185 | €10,295 | -€6,890 | -40.1% |
| Non-recurring financial charges | 66B | €1,411,589 | €1,875,119 | +€463,530 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | -€519,067 | -€2,407,020 | -€1.9m | -364% |
| Income taxes | 67/77 | €221 | €78 | -€143 | -64.8% |
| Taxes | 670/3 | €221 | €78 | -€143 | -64.8% |
| Profit (loss) for the period | 9904 | -€519,288 | -€2,407,097 | -€1.9m | -364% |
| Profit (loss) for the period to be appropriated | 9905 | -€519,288 | -€2,407,097 | -€1.9m | -364% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.