LeaP Management: 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.
LeaP Management
Largest movements
- Current investments +€91,021
up €91,021 (+17.8%), from €510,934 to €601,955
- Cash +€80,881
up €80,881 (+29.0%), from €278,971 to €359,852
mainly Net result for the year (+€219,036) and Tax, wage and social debts (+€75,755)
- Tangible fixed assets +€43,388
up €43,388 (+1,166%), from €3,720 to €47,108
- Receivables within one year -€14,624
down €14,624 (-36.4%), from €40,142 to €25,518
- Reserves +€154,000
up €154,000 (+16.7%), from €920,060 to €1.1m
of which Distributable reserves: +€154,000
- Tax, wage and social debts +€75,755
up €75,755 (+59.9%), from €126,384 to €202,139
of which Taxes: +€69,755
- Other debts -€25,073
down €25,073 (-95.7%), from €26,208 to €1,135
- Gross operating margin -€176,737
down €176,737 (-47.2%), from €374,697 to €197,960
- Taxes -€36,092
down €36,092 (-36.9%), from €97,916 to €61,824
- Financial income +€34,804
up €34,804 (+51.9%), from €67,041 to €101,845
- Depreciation +€3,963
up €3,963 (+87.7%), from €4,519 to €8,482
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.
Derived cash bridge
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 | €1,083,806 | €1,284,602 | +€200,796 | +18.5% |
| Fixed assets | 21/28 | €253,759 | €297,147 | +€43,388 | +17.1% |
| Tangible fixed assets | 22/27 | €3,720 | €47,108 | +€43,388 | +1,166% |
| Furniture and vehicles | 24 | €3,720 | €47,108 | +€43,388 | +1,166% |
| Financial fixed assets | 28 | €250,039 | €250,039 | = | 0.0% |
| Current assets | 29/58 | €830,047 | €987,455 | +€157,408 | +19.0% |
| Amounts receivable within one year | 40/41 | €40,142 | €25,518 | -€14,624 | -36.4% |
| Trade receivables | 40 | €40,142 | €25,518 | -€14,624 | -36.4% |
| Current investments | 50/53 | €510,934 | €601,955 | +€91,021 | +17.8% |
| Cash at bank and in hand | 54/58 | €278,971 | €359,852 | +€80,881 | +29.0% |
| Deferred charges and accrued income | 490/1 | - | €130 | +€130 | |
| Total equity and liabilities | 10/49 | €1,083,806 | €1,284,602 | +€200,796 | +18.5% |
| Equity | 10/15 | €926,344 | €1,080,380 | +€154,036 | +16.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €920,060 | €1,074,060 | +€154,000 | +16.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €918,200 | €1,072,200 | +€154,000 | +16.8% |
| Profit (loss) carried forward | 14 | €84 | €120 | +€36 | +42.3% |
| Amounts payable | 17/49 | €157,462 | €204,223 | +€46,761 | +29.7% |
| Amounts payable within one year | 42/48 | €157,462 | €204,223 | +€46,761 | +29.7% |
| Trade debts | 44 | €4,870 | €948 | -€3,921 | -80.5% |
| Suppliers | 440/4 | €4,870 | €948 | -€3,921 | -80.5% |
| Taxes, remuneration and social security | 45 | €126,384 | €202,139 | +€75,755 | +59.9% |
| Taxes | 450/3 | €126,384 | €196,139 | +€69,755 | +55.2% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €26,208 | €1,135 | -€25,073 | -95.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,519 | €8,482 | +€3,963 | +87.7% |
| Other operating charges | 640/8 | €5,541 | €7,570 | +€2,029 | +36.6% |
| Non-recurring operating charges | 66A | €124 | €0 | -€124 | -100% |
| Gross operating margin | 9900 | €374,697 | €197,960 | -€176,737 | -47.2% |
| Operating profit (loss) | 9901 | €364,512 | €181,908 | -€182,605 | -50.1% |
| Financial income | 75/76B | €67,041 | €101,845 | +€34,804 | +51.9% |
| Recurring financial income | 75 | €67,041 | €101,845 | +€34,804 | +51.9% |
| Financial charges | 65/66B | €261 | €2,893 | +€2,632 | +1,009% |
| Recurring financial charges | 65 | €261 | €2,893 | +€2,632 | +1,009% |
| Profit (loss) for the period before taxes | 9903 | €431,293 | €280,860 | -€150,433 | -34.9% |
| Income taxes | 67/77 | €97,916 | €61,824 | -€36,092 | -36.9% |
| Profit (loss) for the period | 9904 | €333,376 | €219,036 | -€114,341 | -34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €333,376 | €219,036 | -€114,341 | -34.3% |
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 17 October 2026 via checked.be.