LEEDIMERJEN: 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.
LEEDIMERJEN
Largest movements
- Cash +€262,078
up €262,078 (+8057.4%), from €3,253 to €265,331
mainly Net result for the year (+€199,206) and Investment in fixed assets (net) (+€52,437)
- Tangible fixed assets -€75,878
down €75,878 (-37.6%), from €201,697 to €125,818
of which Land and buildings: -€72,342
- Reserves +€170,882
up €170,882 (+999.0%), from €17,105 to €187,987
of which Distributable reserves: +€170,882
- Profit (loss) carried forward +€28,324
up €28,324, from -€28,324 to €0
- Debts after one year -€6,163
down €6,163 (-70.3%), from €8,768 to €2,604
- Gross operating margin +€272,934
up €272,934 (+87369.6%), from €312 to €273,246
- Taxes +€45,485
new in 2025: €45,485
- Depreciation -€4,207
down €4,207 (-15.2%), from €27,648 to €23,441
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 | €207,128 | €397,437 | +€190,309 | +91.9% |
| Fixed assets | 21/28 | €201,697 | €125,818 | -€75,878 | -37.6% |
| Tangible fixed assets | 22/27 | €201,697 | €125,818 | -€75,878 | -37.6% |
| Land and buildings | 22 | €196,747 | €124,404 | -€72,342 | -36.8% |
| Furniture and vehicles | 24 | €4,950 | €1,414 | -€3,536 | -71.4% |
| Current assets | 29/58 | €5,432 | €271,619 | +€266,187 | +4900.7% |
| Amounts receivable within one year | 40/41 | €703 | €4,515 | +€3,812 | +542.0% |
| Trade receivables | 40 | €703 | €0 | -€703 | -100.0% |
| Other amounts receivable | 41 | - | €4,515 | +€4,515 | |
| Cash at bank and in hand | 54/58 | €3,253 | €265,331 | +€262,078 | +8057.4% |
| Deferred charges and accrued income | 490/1 | €1,476 | €1,772 | +€297 | +20.1% |
| Total equity and liabilities | 10/49 | €207,128 | €397,437 | +€190,309 | +91.9% |
| Equity | 10/15 | €159,827 | €359,033 | +€199,206 | +124.6% |
| Contributions | 10/11 | €171,047 | €171,047 | = | 0.0% |
| Capital | 10 | €171,047 | €171,047 | = | 0.0% |
| Issued capital | 100 | €171,047 | €171,047 | = | 0.0% |
| Reserves | 13 | €17,105 | €187,987 | +€170,882 | +999.0% |
| Non-distributable reserves | 130/1 | €17,105 | €17,105 | = | 0.0% |
| Legal reserve | 130 | €17,105 | €17,105 | = | 0.0% |
| Distributable reserves | 133 | €0 | €170,882 | +€170,882 | |
| Profit (loss) carried forward | 14 | -€28,324 | €0 | +€28,324 | |
| Amounts payable | 17/49 | €47,302 | €38,404 | -€8,898 | -18.8% |
| Amounts payable after more than one year | 17 | €8,768 | €2,604 | -€6,163 | -70.3% |
| Financial debts | 170/4 | €8,768 | €2,604 | -€6,163 | -70.3% |
| Amounts payable within one year | 42/48 | €38,534 | €35,799 | -€2,734 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €6,041 | €6,163 | +€122 | +2.0% |
| Trade debts | 44 | €1,253 | €585 | -€668 | -53.3% |
| Suppliers | 440/4 | €1,253 | €585 | -€668 | -53.3% |
| Taxes, remuneration and social security | 45 | - | €22 | +€22 | |
| Taxes | 450/3 | - | €22 | +€22 | |
| Other amounts payable | 47/48 | €31,240 | €29,029 | -€2,211 | -7.1% |
| Non-recurring operating income | 76A | - | €272,313 | +€272,313 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,648 | €23,441 | -€4,207 | -15.2% |
| Other operating charges | 640/8 | €4,756 | €4,687 | -€68 | -1.4% |
| Gross operating margin | 9900 | €312 | €273,246 | +€272,934 | +87369.6% |
| Operating profit (loss) | 9901 | -€32,092 | €245,118 | +€277,210 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €734 | €429 | -€305 | -41.5% |
| Recurring financial charges | 65 | €734 | €429 | -€305 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | -€32,825 | €244,691 | +€277,516 | |
| Income taxes | 67/77 | - | €45,485 | +€45,485 | |
| Profit (loss) for the period | 9904 | -€32,825 | €199,206 | +€232,032 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,825 | €199,206 | +€232,032 |
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 6 October 2026 via checked.be.