LEBOEUF Daniel: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
LEBOEUF Daniel
Largest movements
- Receivables within one year -€610,046
down €610,046 (-58.5%), from €1.0m to €433,520
of which Trade receivables: -€623,223
- Stocks and contracts +€130,588
up €130,588 (+83.6%), from €156,132 to €286,720
- Cash -€36,014
down €36,014 (-91.1%), from €39,525 to €3,511
mainly Trade debts (-€488,663) and Stocks and contracts (-€130,588)
- Trade debts -€488,663
down €488,663 (-37.9%), from €1.3m to €801,787
- Profit (loss) carried forward -€24,646
down €24,646 (-8.1%), from -€305,025 to -€329,671
- Gross operating margin +€11,898
up €11,898 (+53.0%), from -€22,452 to -€10,553
- Financial charges -€1,172
down €1,172 (-15.1%), from €7,752 to €6,580
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,246,227 | €732,918 | -€513,309 | -41.2% |
| Fixed assets | 21/28 | €6,493 | €5,270 | -€1,223 | -18.8% |
| Tangible fixed assets | 22/27 | €6,333 | €5,110 | -€1,223 | -19.3% |
| Land and buildings | 22 | €6,333 | €4,741 | -€1,591 | -25.1% |
| Plant, machinery and equipment | 23 | - | €369 | +€369 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €1,239,734 | €727,648 | -€512,086 | -41.3% |
| Stocks and contracts in progress | 3 | €156,132 | €286,720 | +€130,588 | +83.6% |
| Stocks | 30/36 | €156,132 | €286,720 | +€130,588 | +83.6% |
| Amounts receivable within one year | 40/41 | €1,043,566 | €433,520 | -€610,046 | -58.5% |
| Trade receivables | 40 | €1,033,915 | €410,692 | -€623,223 | -60.3% |
| Other amounts receivable | 41 | €9,652 | €22,829 | +€13,177 | +137% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,525 | €3,511 | -€36,014 | -91.1% |
| Deferred charges and accrued income | 490/1 | €511 | €3,897 | +€3,386 | +662% |
| Total equity and liabilities | 10/49 | €1,246,227 | €732,918 | -€513,309 | -41.2% |
| Equity | 10/15 | -€270,072 | -€294,718 | -€24,646 | -9.1% |
| Contributions | 10/11 | €26,029 | €26,029 | = | 0.0% |
| Reserves | 13 | €8,924 | €8,924 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,032 | €1,032 | = | 0.0% |
| Distributable reserves | 133 | €7,892 | €7,892 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€305,025 | -€329,671 | -€24,646 | -8.1% |
| Amounts payable | 17/49 | €1,516,299 | €1,027,636 | -€488,663 | -32.2% |
| Amounts payable within one year | 42/48 | €1,516,299 | €1,027,636 | -€488,663 | -32.2% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €1,290,450 | €801,787 | -€488,663 | -37.9% |
| Suppliers | 440/4 | €1,290,450 | €801,787 | -€488,663 | -37.9% |
| Taxes, remuneration and social security | 45 | €29,617 | €27,138 | -€2,479 | -8.4% |
| Taxes | 450/3 | €1,200 | €1,200 | = | 0.0% |
| Remuneration and social security | 454/9 | €28,417 | €25,938 | -€2,479 | -8.7% |
| Other amounts payable | 47/48 | €146,232 | €148,711 | +€2,479 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,591 | €1,666 | +€75 | +4.7% |
| Other operating charges | 640/8 | €5,845 | €5,952 | +€107 | +1.8% |
| Gross operating margin | 9900 | -€22,452 | -€10,553 | +€11,898 | +53.0% |
| Operating profit (loss) | 9901 | -€29,888 | -€18,171 | +€11,717 | +39.2% |
| Financial income | 75/76B | €1 | €105 | +€104 | +10,805% |
| Recurring financial income | 75 | €1 | €105 | +€104 | +10,805% |
| Financial charges | 65/66B | €7,752 | €6,580 | -€1,172 | -15.1% |
| Recurring financial charges | 65 | €7,752 | €6,580 | -€1,172 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | -€37,639 | -€24,646 | +€12,992 | +34.5% |
| Profit (loss) for the period | 9904 | -€37,639 | -€24,646 | +€12,992 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,639 | -€24,646 | +€12,992 | +34.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.