LEAUCOUR CREATION: 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.
LEAUCOUR CREATION
Largest movements
- Tangible fixed assets -€397,863
down €397,863 (-4.5%), from €8.8m to €8.4m
of which Land and buildings: -€369,344
- Receivables within one year -€130,185
down €130,185 (-19.0%), from €684,428 to €554,243
of which Other amounts receivable: -€87,977
- Debts after one year -€579,523
down €579,523 (-10.7%), from €5.4m to €4.8m
of which Financial debts: -€579,523
- Tax, wage and social debts +€323,628
up €323,628 (+391%), from €82,868 to €406,496
of which Taxes: +€323,628
- Profit (loss) carried forward -€176,195
down €176,195 (-16.9%), from €1.0m to €865,565
- Trade debts -€129,679
down €129,679 (-50.6%), from €256,347 to €126,668
- Short-term financial debts -€109,922
down €109,922 (-15.8%), from €693,565 to €583,644
- Taxes +€253,988
up €253,988 (+2,069%), from €12,277 to €266,265
- Other operating charges -€42,598
down €42,598 (-27.2%), from €156,587 to €113,989
- Gross operating margin +€27,110
up €27,110 (+3.1%), from €879,664 to €906,774
- Financial charges -€23,444
down €23,444 (-7.2%), from €326,799 to €303,355
- Financial income -€18,480
down €18,480 (-100.0%), from €18,483 to €3
of which Non-recurring financial income: -€18,422
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 | €9,516,067 | €8,971,063 | -€545,004 | -5.7% |
| Fixed assets | 21/28 | €8,810,651 | €8,412,788 | -€397,863 | -4.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €8,810,651 | €8,412,788 | -€397,863 | -4.5% |
| Land and buildings | 22 | €8,737,245 | €8,367,900 | -€369,344 | -4.2% |
| Plant, machinery and equipment | 23 | €53,514 | €37,238 | -€16,275 | -30.4% |
| Furniture and vehicles | 24 | €19,892 | €7,649 | -€12,243 | -61.5% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €705,417 | €558,275 | -€147,141 | -20.9% |
| Amounts receivable within one year | 40/41 | €684,428 | €554,243 | -€130,185 | -19.0% |
| Trade receivables | 40 | €165,509 | €123,301 | -€42,208 | -25.5% |
| Other amounts receivable | 41 | €518,919 | €430,942 | -€87,977 | -17.0% |
| Cash at bank and in hand | 54/58 | €20,653 | €3,680 | -€16,974 | -82.2% |
| Deferred charges and accrued income | 490/1 | €335 | €353 | +€18 | +5.2% |
| Total equity and liabilities | 10/49 | €9,516,067 | €8,971,063 | -€545,004 | -5.7% |
| Equity | 10/15 | €2,788,729 | €2,612,534 | -€176,195 | -6.3% |
| Contributions | 10/11 | €1,425,983 | €1,425,983 | = | 0.0% |
| Reserves | 13 | €320,985 | €320,985 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,985 | €11,985 | = | 0.0% |
| Distributable reserves | 133 | €309,000 | €309,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,041,760 | €865,565 | -€176,195 | -16.9% |
| Amounts payable | 17/49 | €6,727,339 | €6,358,530 | -€368,809 | -5.5% |
| Amounts payable after more than one year | 17 | €5,401,160 | €4,821,637 | -€579,523 | -10.7% |
| Financial debts | 170/4 | €3,923,770 | €3,344,247 | -€579,523 | -14.8% |
| Other amounts payable | 178/9 | €1,477,390 | €1,477,390 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,326,178 | €1,528,225 | +€202,047 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | - | €14,927 | +€14,927 | |
| Financial debts | 43 | €693,565 | €583,644 | -€109,922 | -15.8% |
| Credit institutions | 430/8 | €693,565 | €583,644 | -€109,922 | -15.8% |
| Trade debts | 44 | €256,347 | €126,668 | -€129,679 | -50.6% |
| Suppliers | 440/4 | €256,347 | €126,668 | -€129,679 | -50.6% |
| Taxes, remuneration and social security | 45 | €82,868 | €406,496 | +€323,628 | +391% |
| Taxes | 450/3 | €78,868 | €402,496 | +€323,628 | +410% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €293,398 | €396,490 | +€103,092 | +35.1% |
| Accrued charges and deferred income | 492/3 | - | €8,667 | +€8,667 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €409,453 | €399,363 | -€10,090 | -2.5% |
| Other operating charges | 640/8 | €156,587 | €113,989 | -€42,598 | -27.2% |
| Gross operating margin | 9900 | €879,664 | €906,774 | +€27,110 | +3.1% |
| Operating profit (loss) | 9901 | €313,625 | €393,422 | +€79,797 | +25.4% |
| Financial income | 75/76B | €18,483 | €3 | -€18,480 | -100.0% |
| Recurring financial income | 75 | €62 | €3 | -€59 | -94.6% |
| Non-recurring financial income | 76B | €18,422 | - | -€18,422 | |
| Financial charges | 65/66B | €326,799 | €303,355 | -€23,444 | -7.2% |
| Recurring financial charges | 65 | €326,799 | €303,355 | -€23,444 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €5,309 | €90,070 | +€84,761 | +1,597% |
| Income taxes | 67/77 | €12,277 | €266,265 | +€253,988 | +2,069% |
| Profit (loss) for the period | 9904 | -€6,968 | -€176,195 | -€169,227 | -2,429% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,968 | -€176,195 | -€169,227 | -2,429% |
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 21 October 2026 via checked.be.