LEAS 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.
LEAS MANAGEMENT
Largest movements
- Financial fixed assets +€94,000
new in 2024: €94,000
- Cash +€30,898
up €30,898 (+13.8%), from €223,938 to €254,836
mainly Net result for the year (+€133,869) and Depreciation (+€29,285)
- Current investments +€23,870
up €23,870 (+3.2%), from €752,493 to €776,363
- Reserves +€133,869
up €133,869 (+12.8%), from €1.0m to €1.2m
of which Distributable reserves: +€135,729
- Tax, wage and social debts +€28,037
up €28,037 (+41.8%), from €67,109 to €95,146
- Debts after one year -€24,094
down €24,094 (-13.7%), from €176,485 to €152,391
- Gross operating margin -€42,377
down €42,377 (-15.8%), from €268,143 to €225,766
- Taxes -€12,485
down €12,485 (-16.8%), from €74,256 to €61,771
- Financial income +€6,523
up €6,523 (+78.1%), from €8,350 to €14,873
- Other operating charges +€3,319
up €3,319 (+124%), from €2,674 to €5,993
- Depreciation -€3,035
down €3,035 (-9.4%), from €32,320 to €29,285
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 | €1,324,271 | €1,471,475 | +€147,204 | +11.1% |
| Fixed assets | 21/28 | €262,403 | €364,478 | +€102,075 | +38.9% |
| Intangible fixed assets | 21 | €1,480 | €840 | -€640 | -43.2% |
| Tangible fixed assets | 22/27 | €260,923 | €269,638 | +€8,715 | +3.3% |
| Land and buildings | 22 | €205,446 | €218,086 | +€12,640 | +6.2% |
| Furniture and vehicles | 24 | €17,555 | €19,651 | +€2,096 | +11.9% |
| Other tangible fixed assets | 26 | €37,922 | €31,901 | -€6,021 | -15.9% |
| Financial fixed assets | 28 | - | €94,000 | +€94,000 | |
| Current assets | 29/58 | €1,061,868 | €1,106,996 | +€45,129 | +4.2% |
| Amounts receivable within one year | 40/41 | €81,610 | €73,345 | -€8,265 | -10.1% |
| Trade receivables | 40 | €67,670 | €32,884 | -€34,786 | -51.4% |
| Other amounts receivable | 41 | €13,941 | €40,461 | +€26,521 | +190% |
| Current investments | 50/53 | €752,493 | €776,363 | +€23,870 | +3.2% |
| Cash at bank and in hand | 54/58 | €223,938 | €254,836 | +€30,898 | +13.8% |
| Deferred charges and accrued income | 490/1 | €3,827 | €2,453 | -€1,375 | -35.9% |
| Total equity and liabilities | 10/49 | €1,324,271 | €1,471,475 | +€147,204 | +11.1% |
| Equity | 10/15 | €1,054,756 | €1,188,625 | +€133,869 | +12.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,048,556 | €1,182,425 | +€133,869 | +12.8% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €69,818 | €69,818 | = | 0.0% |
| Distributable reserves | 133 | €976,879 | €1,112,608 | +€135,729 | +13.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €269,515 | €282,850 | +€13,335 | +4.9% |
| Amounts payable after more than one year | 17 | €176,485 | €152,391 | -€24,094 | -13.7% |
| Financial debts | 170/4 | €176,485 | €152,391 | -€24,094 | -13.7% |
| Amounts payable within one year | 42/48 | €93,029 | €130,337 | +€37,308 | +40.1% |
| Current portion of amounts payable after more than one year | 42 | €23,594 | €25,956 | +€2,362 | +10.0% |
| Financial debts | 43 | - | €8,452 | +€8,452 | |
| Credit institutions | 430/8 | - | €8,452 | +€8,452 | |
| Trade debts | 44 | €2,326 | €784 | -€1,543 | -66.3% |
| Suppliers | 440/4 | €2,326 | €784 | -€1,543 | -66.3% |
| Taxes, remuneration and social security | 45 | €67,109 | €95,146 | +€28,037 | +41.8% |
| Taxes | 450/3 | €67,109 | €95,146 | +€28,037 | +41.8% |
| Accrued charges and deferred income | 492/3 | €0 | €121 | +€121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,320 | €29,285 | -€3,035 | -9.4% |
| Other operating charges | 640/8 | €2,674 | €5,993 | +€3,319 | +124% |
| Gross operating margin | 9900 | €268,143 | €225,766 | -€42,377 | -15.8% |
| Operating profit (loss) | 9901 | €233,149 | €190,488 | -€42,661 | -18.3% |
| Financial income | 75/76B | €8,350 | €14,873 | +€6,523 | +78.1% |
| Recurring financial income | 75 | €8,350 | €14,873 | +€6,523 | +78.1% |
| Financial charges | 65/66B | €7,589 | €9,721 | +€2,132 | +28.1% |
| Recurring financial charges | 65 | €7,589 | €9,721 | +€2,132 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €233,910 | €195,640 | -€38,270 | -16.4% |
| Income taxes | 67/77 | €74,256 | €61,771 | -€12,485 | -16.8% |
| Profit (loss) for the period | 9904 | €159,654 | €133,869 | -€25,785 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €159,654 | €133,869 | -€25,785 | -16.2% |
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 20 October 2026 via checked.be.