LEBLOND PARTNER: 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.
LEBLOND PARTNER
Largest movements
- Receivables within one year +€16,940
up €16,940 (+56.8%), from €29,840 to €46,780
of which Trade receivables: +€16,940
- Cash +€5,768
up €5,768 (+198.1%), from €2,912 to €8,681
mainly Net result for the year (+€10,889) and Trade debts (+€5,648)
- Tangible fixed assets -€951
down €951 (-46.4%), from €2,048 to €1,097
- Profit (loss) carried forward +€10,889
up €10,889 (+54.3%), from €20,037 to €30,927
- Trade debts +€5,648
up €5,648 (+255.9%), from €2,207 to €7,855
- Tax, wage and social debts +€5,220
up €5,220 (+74.9%), from €6,966 to €12,187
of which Remuneration and social security: +€4,800
- Gross operating margin -€2,093
down €2,093 (-12.1%), from €17,241 to €15,148
- Depreciation +€432
up €432 (+83.2%), from €519 to €951
- Taxes -€247
down €247 (-7.1%), from €3,454 to €3,207
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 | €34,800 | €56,558 | +€21,758 | +62.5% |
| Fixed assets | 21/28 | €2,048 | €1,097 | -€951 | -46.4% |
| Tangible fixed assets | 22/27 | €2,048 | €1,097 | -€951 | -46.4% |
| Furniture and vehicles | 24 | €2,048 | €1,097 | -€951 | -46.4% |
| Current assets | 29/58 | €32,752 | €55,461 | +€22,708 | +69.3% |
| Amounts receivable within one year | 40/41 | €29,840 | €46,780 | +€16,940 | +56.8% |
| Trade receivables | 40 | €4,840 | €21,780 | +€16,940 | +350.0% |
| Other amounts receivable | 41 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,912 | €8,681 | +€5,768 | +198.1% |
| Total equity and liabilities | 10/49 | €34,800 | €56,558 | +€21,758 | +62.5% |
| Equity | 10/15 | €23,037 | €33,927 | +€10,889 | +47.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,037 | €30,927 | +€10,889 | +54.3% |
| Amounts payable | 17/49 | €11,763 | €22,631 | +€10,868 | +92.4% |
| Amounts payable within one year | 42/48 | €11,763 | €22,631 | +€10,868 | +92.4% |
| Trade debts | 44 | €2,207 | €7,855 | +€5,648 | +255.9% |
| Suppliers | 440/4 | €2,207 | €7,855 | +€5,648 | +255.9% |
| Taxes, remuneration and social security | 45 | €6,966 | €12,187 | +€5,220 | +74.9% |
| Taxes | 450/3 | €5,766 | €6,187 | +€420 | +7.3% |
| Remuneration and social security | 454/9 | €1,200 | €6,000 | +€4,800 | +400.0% |
| Other amounts payable | 47/48 | €2,589 | €2,589 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €519 | €951 | +€432 | +83.2% |
| Gross operating margin | 9900 | €17,241 | €15,148 | -€2,093 | -12.1% |
| Operating profit (loss) | 9901 | €16,722 | €14,197 | -€2,524 | -15.1% |
| Financial charges | 65/66B | €102 | €101 | -€1 | -0.9% |
| Recurring financial charges | 65 | €102 | €101 | -€1 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €16,620 | €14,096 | -€2,524 | -15.2% |
| Income taxes | 67/77 | €3,454 | €3,207 | -€247 | -7.1% |
| Profit (loss) for the period | 9904 | €13,166 | €10,889 | -€2,277 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,166 | €10,889 | -€2,277 | -17.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.