Leblon: 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.
Leblon
Largest movements
- Cash +€64,523
up €64,523 (+362.4%), from €17,804 to €82,327
mainly Other debts (+€179,105) and Net result for the year (+€57,416)
- Current investments +€23,000
up €23,000 (+40.4%), from €57,000 to €80,000
- Receivables within one year -€12,303
down €12,303 (-6.9%), from €179,117 to €166,813
of which Trade receivables: -€6,195
- Other debts +€179,105
up €179,105, from €0 to €179,105
- Reserves -€92,584
down €92,584 (-37.5%), from €247,100 to €154,516
of which Distributable reserves: -€92,584
- Tax, wage and social debts +€20,767
up €20,767 (+88.3%), from €23,522 to €44,289
- Current portion of long-term debt -€18,776
down €18,776 (-60.8%), from €30,902 to €12,127
- Debts after one year -€12,127
down €12,127 (-6.5%), from €185,980 to €173,853
- Gross operating margin +€10,566
up €10,566 (+12.1%), from €87,175 to €97,741
- Other operating charges -€9,389
down €9,389 (-84.1%), from €11,164 to €1,775
- Taxes +€6,918
up €6,918 (+39.9%), from €17,331 to €24,249
- Depreciation +€4,237
up €4,237 (+85.5%), from €4,956 to €9,193
- Financial income +€2,419
up €2,419 (+524.7%), from €461 to €2,880
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 | €509,965 | €589,015 | +€79,050 | +15.5% |
| Fixed assets | 21/28 | €255,089 | €258,158 | +€3,069 | +1.2% |
| Tangible fixed assets | 22/27 | €105,093 | €108,162 | +€3,069 | +2.9% |
| Land and buildings | 22 | €100,540 | €100,531 | -€9 | 0.0% |
| Plant, machinery and equipment | 23 | €3,096 | €1,015 | -€2,082 | -67.2% |
| Furniture and vehicles | 24 | €1,456 | €6,616 | +€5,159 | +354.2% |
| Financial fixed assets | 28 | €149,996 | €149,996 | = | 0.0% |
| Current assets | 29/58 | €254,876 | €330,857 | +€75,981 | +29.8% |
| Amounts receivable within one year | 40/41 | €179,117 | €166,813 | -€12,303 | -6.9% |
| Trade receivables | 40 | €34,297 | €28,102 | -€6,195 | -18.1% |
| Other amounts receivable | 41 | €144,820 | €138,711 | -€6,109 | -4.2% |
| Current investments | 50/53 | €57,000 | €80,000 | +€23,000 | +40.4% |
| Cash at bank and in hand | 54/58 | €17,804 | €82,327 | +€64,523 | +362.4% |
| Deferred charges and accrued income | 490/1 | €955 | €1,716 | +€761 | +79.7% |
| Total equity and liabilities | 10/49 | €509,965 | €589,015 | +€79,050 | +15.5% |
| Equity | 10/15 | €265,700 | €173,116 | -€92,584 | -34.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €247,100 | €154,516 | -€92,584 | -37.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €247,100 | €154,516 | -€92,584 | -37.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €244,265 | €415,899 | +€171,634 | +70.3% |
| Amounts payable after more than one year | 17 | €185,980 | €173,853 | -€12,127 | -6.5% |
| Financial debts | 170/4 | €185,980 | €173,853 | -€12,127 | -6.5% |
| Amounts payable within one year | 42/48 | €58,285 | €242,046 | +€183,761 | +315.3% |
| Current portion of amounts payable after more than one year | 42 | €30,902 | €12,127 | -€18,776 | -60.8% |
| Financial debts | 43 | €355 | €588 | +€233 | +65.6% |
| Credit institutions | 430/8 | €355 | €588 | +€233 | +65.6% |
| Trade debts | 44 | €3,506 | €5,937 | +€2,432 | +69.4% |
| Suppliers | 440/4 | €3,506 | €5,937 | +€2,432 | +69.4% |
| Taxes, remuneration and social security | 45 | €23,522 | €44,289 | +€20,767 | +88.3% |
| Taxes | 450/3 | €23,522 | €44,289 | +€20,767 | +88.3% |
| Other amounts payable | 47/48 | €0 | €179,105 | +€179,105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,956 | €9,193 | +€4,237 | +85.5% |
| Other operating charges | 640/8 | €11,164 | €1,775 | -€9,389 | -84.1% |
| Gross operating margin | 9900 | €87,175 | €97,741 | +€10,566 | +12.1% |
| Operating profit (loss) | 9901 | €71,055 | €86,773 | +€15,718 | +22.1% |
| Financial income | 75/76B | €461 | €2,880 | +€2,419 | +524.7% |
| Recurring financial income | 75 | €461 | €2,880 | +€2,419 | +524.7% |
| Financial charges | 65/66B | €6,793 | €7,988 | +€1,195 | +17.6% |
| Recurring financial charges | 65 | €6,793 | €7,988 | +€1,195 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €64,724 | €81,665 | +€16,942 | +26.2% |
| Income taxes | 67/77 | €17,331 | €24,249 | +€6,918 | +39.9% |
| Profit (loss) for the period | 9904 | €47,393 | €57,416 | +€10,023 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,393 | €57,416 | +€10,023 | +21.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.