Leap Time: 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.
Leap Time
Largest movements
- Cash -€24,011
down €24,011 (-13.0%), from €184,986 to €160,975
mainly Other debts (-€133,250) and Tax, wage and social debts (-€10,348)
- Tangible fixed assets -€10,778
down €10,778 (-24.8%), from €43,446 to €32,668
of which Furniture and vehicles: -€7,427
- Receivables within one year +€10,167
up €10,167 (+36.3%), from €28,000 to €38,167
of which Other amounts receivable: +€6,367
- Other debts -€133,250
down €133,250 (-51.3%), from €259,577 to €126,328
- Reserves +€123,415
up €123,415 (+27.3%), from €451,486 to €574,901
of which Distributable reserves: +€123,415
- Tax, wage and social debts -€10,348
down €10,348 (-37.7%), from €27,429 to €17,081
- Gross operating margin +€7,837
up €7,837 (+4.5%), from €173,376 to €181,213
- Taxes +€1,868
up €1,868 (+4.5%), from €41,765 to €43,633
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 | €759,155 | €740,426 | -€18,729 | -2.5% |
| Fixed assets | 21/28 | €543,446 | €536,643 | -€6,803 | -1.3% |
| Tangible fixed assets | 22/27 | €43,446 | €32,668 | -€10,778 | -24.8% |
| Furniture and vehicles | 24 | €15,984 | €8,557 | -€7,427 | -46.5% |
| Other tangible fixed assets | 26 | €27,462 | €24,111 | -€3,351 | -12.2% |
| Financial fixed assets | 28 | €500,000 | €503,975 | +€3,975 | +0.8% |
| Current assets | 29/58 | €215,710 | €203,783 | -€11,926 | -5.5% |
| Amounts receivable within one year | 40/41 | €28,000 | €38,167 | +€10,167 | +36.3% |
| Trade receivables | 40 | €28,000 | €31,799 | +€3,799 | +13.6% |
| Other amounts receivable | 41 | €0 | €6,367 | +€6,367 | |
| Cash at bank and in hand | 54/58 | €184,986 | €160,975 | -€24,011 | -13.0% |
| Deferred charges and accrued income | 490/1 | €2,724 | €4,642 | +€1,918 | +70.4% |
| Total equity and liabilities | 10/49 | €759,155 | €740,426 | -€18,729 | -2.5% |
| Equity | 10/15 | €471,486 | €594,901 | +€123,415 | +26.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €451,486 | €574,901 | +€123,415 | +27.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €12,925 | €12,925 | = | 0.0% |
| Distributable reserves | 133 | €438,561 | €561,976 | +€123,415 | +28.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €287,669 | €145,525 | -€142,144 | -49.4% |
| Amounts payable within one year | 42/48 | €287,669 | €145,525 | -€142,144 | -49.4% |
| Trade debts | 44 | €663 | €2,116 | +€1,453 | +219.2% |
| Suppliers | 440/4 | €663 | €2,116 | +€1,453 | +219.2% |
| Taxes, remuneration and social security | 45 | €27,429 | €17,081 | -€10,348 | -37.7% |
| Taxes | 450/3 | €27,429 | €17,081 | -€10,348 | -37.7% |
| Other amounts payable | 47/48 | €259,577 | €126,328 | -€133,250 | -51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,702 | €13,100 | +€398 | +3.1% |
| Other operating charges | 640/8 | €735 | €755 | +€19 | +2.6% |
| Gross operating margin | 9900 | €173,376 | €181,213 | +€7,837 | +4.5% |
| Operating profit (loss) | 9901 | €159,939 | €167,358 | +€7,419 | +4.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €400 | €310 | -€91 | -22.7% |
| Recurring financial charges | 65 | €400 | €310 | -€91 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €159,538 | €167,048 | +€7,510 | +4.7% |
| Income taxes | 67/77 | €41,765 | €43,633 | +€1,868 | +4.5% |
| Profit (loss) for the period | 9904 | €117,774 | €123,415 | +€5,642 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €117,774 | €123,415 | +€5,642 | +4.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.