LEEDEN: 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.
LEEDEN
Largest movements
- Current investments +€40,447
up €40,447 (+165.5%), from €24,441 to €64,888
- Tangible fixed assets -€17,667
down €17,667 (-1.5%), from €1.2m to €1.2m
of which Land and buildings: -€97,539
- Debts after one year -€74,471
down €74,471 (-16.0%), from €464,479 to €390,008
- Reserves +€60,097
up €60,097 (+10.9%), from €552,354 to €612,451
of which Distributable reserves: +€60,097
- Other debts +€23,565
up €23,565 (+71.3%), from €33,045 to €56,610
- Gross operating margin +€34,184
up €34,184 (+14.8%), from €231,132 to €265,316
- Depreciation +€7,281
up €7,281 (+7.2%), from €101,000 to €108,281
- Taxes +€6,582
up €6,582 (+31.0%), from €21,252 to €27,833
- Other operating charges +€3,293
up €3,293 (+17.4%), from €18,936 to €22,229
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.
Cash bridge derived
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 | €1,568,608 | €1,571,836 | +€3,229 | +0.2% |
| Fixed assets | 21/28 | €1,218,389 | €1,200,722 | -€17,667 | -1.4% |
| Tangible fixed assets | 22/27 | €1,209,089 | €1,191,422 | -€17,667 | -1.5% |
| Land and buildings | 22 | €1,150,594 | €1,053,056 | -€97,539 | -8.5% |
| Furniture and vehicles | 24 | €0 | - | -€0 | |
| Other tangible fixed assets | 26 | €58,494 | €138,367 | +€79,872 | +136.5% |
| Financial fixed assets | 28 | €9,300 | €9,300 | = | 0.0% |
| Current assets | 29/58 | €350,219 | €371,114 | +€20,895 | +6.0% |
| Amounts receivable within one year | 40/41 | €220,724 | €210,870 | -€9,854 | -4.5% |
| Other amounts receivable | 41 | €220,724 | €210,870 | -€9,854 | -4.5% |
| Current investments | 50/53 | €24,441 | €64,888 | +€40,447 | +165.5% |
| Cash at bank and in hand | 54/58 | €98,612 | €90,436 | -€8,176 | -8.3% |
| Deferred charges and accrued income | 490/1 | €6,442 | €4,920 | -€1,522 | -23.6% |
| Total equity and liabilities | 10/49 | €1,568,608 | €1,571,836 | +€3,229 | +0.2% |
| Equity | 10/15 | €891,348 | €951,446 | +€60,097 | +6.7% |
| Contributions | 10/11 | €338,994 | €338,994 | = | 0.0% |
| Capital | 10 | €338,994 | €338,994 | = | 0.0% |
| Issued capital | 100 | €338,994 | €338,994 | = | 0.0% |
| Reserves | 13 | €552,354 | €612,451 | +€60,097 | +10.9% |
| Non-distributable reserves | 130/1 | €33,899 | €33,899 | = | 0.0% |
| Legal reserve | 130 | €33,899 | €33,899 | = | 0.0% |
| Tax-exempt reserves | 132 | €87,068 | €87,068 | = | 0.0% |
| Distributable reserves | 133 | €431,387 | €491,484 | +€60,097 | +13.9% |
| Provisions and deferred taxes | 16 | €44,853 | €44,853 | = | 0.0% |
| Deferred taxes | 168 | €44,853 | €44,853 | = | 0.0% |
| Amounts payable | 17/49 | €632,406 | €575,538 | -€56,868 | -9.0% |
| Amounts payable after more than one year | 17 | €464,479 | €390,008 | -€74,471 | -16.0% |
| Financial debts | 170/4 | €464,479 | €390,008 | -€74,471 | -16.0% |
| Amounts payable within one year | 42/48 | €167,927 | €185,529 | +€17,602 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €81,895 | €87,711 | +€5,817 | +7.1% |
| Financial debts | 43 | €6,791 | €6,791 | = | 0.0% |
| Credit institutions | 430/8 | €6,791 | €6,791 | = | 0.0% |
| Trade debts | 44 | €26,472 | €24,233 | -€2,239 | -8.5% |
| Suppliers | 440/4 | €26,472 | €24,233 | -€2,239 | -8.5% |
| Taxes, remuneration and social security | 45 | €19,724 | €10,183 | -€9,541 | -48.4% |
| Taxes | 450/3 | €19,724 | €10,183 | -€9,541 | -48.4% |
| Other amounts payable | 47/48 | €33,045 | €56,610 | +€23,565 | +71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,000 | €108,281 | +€7,281 | +7.2% |
| Other operating charges | 640/8 | €18,936 | €22,229 | +€3,293 | +17.4% |
| Gross operating margin | 9900 | €231,132 | €265,316 | +€34,184 | +14.8% |
| Operating profit (loss) | 9901 | €111,197 | €134,806 | +€23,609 | +21.2% |
| Financial income | 75/76B | €2,370 | €2,551 | +€181 | +7.6% |
| Recurring financial income | 75 | €2,370 | €2,551 | +€181 | +7.6% |
| Financial charges | 65/66B | €19,368 | €16,927 | -€2,441 | -12.6% |
| Recurring financial charges | 65 | €19,368 | €16,927 | -€2,441 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €94,199 | €120,431 | +€26,232 | +27.8% |
| Income taxes | 67/77 | €21,252 | €27,833 | +€6,582 | +31.0% |
| Profit (loss) for the period | 9904 | €72,947 | €92,597 | +€19,650 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,947 | €92,597 | +€19,650 | +26.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.