LEAS: 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.
LEAS
Largest movements
- Receivables within one year +€26,567
up €26,567 (+36.3%), from €73,153 to €99,720
of which Trade receivables: +€23,078
- Cash -€9,589
down €9,589 (-71.9%), from €13,333 to €3,744
mainly Receivables within one year (-€26,567) and Tax, wage and social debts (-€11,796)
- Tangible fixed assets -€1,853
down €1,853 (-30.4%), from €6,094 to €4,241
of which Furniture and vehicles: -€1,172
- Trade debts +€22,490
up €22,490 (+183%), from €12,291 to €34,781
- Tax, wage and social debts -€11,796
down €11,796 (-63.9%), from €18,464 to €6,668
of which Taxes: -€11,796
- Profit (loss) carried forward +€4,049
up €4,049 (+7.7%), from €52,829 to €56,879
- Gross operating margin -€11,605
down €11,605 (-34.9%), from €33,252 to €21,647
- Other operating charges -€2,073
down €2,073 (-48.2%), from €4,301 to €2,227
- Taxes -€1,893
down €1,893 (-24.5%), from €7,737 to €5,844
- Financial charges +€653
up €653 (+13.3%), from €4,927 to €5,580
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 | €94,585 | €109,318 | +€14,733 | +15.6% |
| Fixed assets | 21/28 | €6,094 | €4,241 | -€1,853 | -30.4% |
| Tangible fixed assets | 22/27 | €6,094 | €4,241 | -€1,853 | -30.4% |
| Land and buildings | 22 | €1,146 | €648 | -€498 | -43.5% |
| Plant, machinery and equipment | 23 | €355 | €172 | -€183 | -51.6% |
| Furniture and vehicles | 24 | €4,593 | €3,421 | -€1,172 | -25.5% |
| Current assets | 29/58 | €88,491 | €105,077 | +€16,586 | +18.7% |
| Amounts receivable within one year | 40/41 | €73,153 | €99,720 | +€26,567 | +36.3% |
| Trade receivables | 40 | €17,490 | €40,568 | +€23,078 | +132% |
| Other amounts receivable | 41 | €55,663 | €59,152 | +€3,489 | +6.3% |
| Cash at bank and in hand | 54/58 | €13,333 | €3,744 | -€9,589 | -71.9% |
| Deferred charges and accrued income | 490/1 | €2,006 | €1,613 | -€393 | -19.6% |
| Total equity and liabilities | 10/49 | €94,585 | €109,318 | +€14,733 | +15.6% |
| Equity | 10/15 | €60,884 | €64,934 | +€4,049 | +6.7% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,829 | €56,879 | +€4,049 | +7.7% |
| Amounts payable | 17/49 | €33,701 | €44,384 | +€10,683 | +31.7% |
| Amounts payable within one year | 42/48 | €33,701 | €44,384 | +€10,683 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €2,945 | €2,935 | -€10 | -0.3% |
| Trade debts | 44 | €12,291 | €34,781 | +€22,490 | +183% |
| Suppliers | 440/4 | €12,291 | €34,781 | +€22,490 | +183% |
| Taxes, remuneration and social security | 45 | €18,464 | €6,668 | -€11,796 | -63.9% |
| Taxes | 450/3 | €16,164 | €4,368 | -€11,796 | -73.0% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,583 | €2,689 | +€106 | +4.1% |
| Other operating charges | 640/8 | €4,301 | €2,227 | -€2,073 | -48.2% |
| Non-recurring operating charges | 66A | - | €1,257 | +€1,257 | |
| Gross operating margin | 9900 | €33,252 | €21,647 | -€11,605 | -34.9% |
| Operating profit (loss) | 9901 | €26,368 | €15,474 | -€10,894 | -41.3% |
| Financial charges | 65/66B | €4,927 | €5,580 | +€653 | +13.3% |
| Recurring financial charges | 65 | €4,927 | €5,580 | +€653 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €21,441 | €9,894 | -€11,548 | -53.9% |
| Income taxes | 67/77 | €7,737 | €5,844 | -€1,893 | -24.5% |
| Profit (loss) for the period | 9904 | €13,704 | €4,049 | -€9,655 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,704 | €4,049 | -€9,655 | -70.5% |
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 13 October 2026 via checked.be.