Leef: 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.
What changed
Leef
NACE 87.202, Residential care activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€174,378
2023 · €399,103-€224,725
Equity
€7.8m
2023 · €7.7m+€108,333
Cash
€1.3m
2023 · €2.5m-€1.2m
Balance sheet total
€8.7m
2023 · €8.8m-€134,836
Largest movements
Assets
- Cash -€1.2m
down €1.2m (-49.1%), from €2.5m to €1.3m
mainly Current investments (-€976,655) and Tax, wage and social debts (-€342,952)
- Current investments +€976,655
up €976,655 (+26.1%), from €3.7m to €4.7m
Equity and liabilities
- Tax, wage and social debts -€342,952
down €342,952 (-42.6%), from €805,956 to €463,004
of which Remuneration and social security: -€290,395
- Accrued charges and deferred income +€212,579
up €212,579 (+237.7%), from €89,416 to €301,995
- Reserves +€174,377
up €174,377 (+6.3%), from €2.8m to €3.0m
- Trade debts -€110,516
down €110,516 (-57.4%), from €192,688 to €82,172
Income statement
- Staff costs +€195,500
up €195,500 (+4.6%), from €4.3m to €4.5m
- Financial income -€124,075
down €124,075 (-80.8%), from €153,511 to €29,436
- Depreciation +€34,167
up €34,167 (+14.9%), from €228,778 to €262,945
- Other operating income -€27,366
down €27,366 (-13.9%), from €197,566 to €170,200
- Services and other goods +€22,874
up €22,874 (+5.4%), from €420,785 to €443,659
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.
Result 2023
€399,103
Turnover
+€689
Other operating income
-€27,366
Goods and materials
-€4,347
Services and other goods
-€22,874
Staff costs
-€195,500
Depreciation
-€34,167
Write-downs
-€9
Other operating charges
-€1,074
Other operating items
+€185,941
Financial income
-€124,075
Financial charges
+€6,611
Taxes
-€8,555
Result 2024
€174,378
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.
From operations
+€119,354
Investment
-€1.3m
Financing
-€68,325
Cash 2023
€2.5m
From operations (derived)
+€119,354
Net result for the year
+€174,378
Depreciation
+€262,945
Receivables within one year
-€72,453
Deferred charges and accrued income
-€4,627
Trade debts
-€110,516
Tax, wage and social debts
-€342,952
Accrued charges and deferred income
+€212,579
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€323,311
Current investments
-€976,655
Financing
-€68,325
Debts after one year
-€2,281
Contributions, distributions and other
-€66,045
Cash 2024
€1.3m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,825,065 | €8,690,229 | -€134,836 | -1.5% |
| Fixed assets | 21/28 | €2,312,703 | €2,373,069 | +€60,366 | +2.6% |
| Intangible fixed assets | 21 | - | €15,460 | +€15,460 | |
| Tangible fixed assets | 22/27 | €2,312,703 | €2,357,609 | +€44,906 | +1.9% |
| Land and buildings | 22 | €2,194,456 | €2,220,377 | +€25,921 | +1.2% |
| Plant, machinery and equipment | 23 | €89,327 | €68,757 | -€20,570 | -23.0% |
| Furniture and vehicles | 24 | €28,920 | €68,475 | +€39,555 | +136.8% |
| Current assets | 29/58 | €6,512,362 | €6,317,160 | -€195,202 | -3.0% |
| Amounts receivable within one year | 40/41 | €149,294 | €221,747 | +€72,453 | +48.5% |
| Trade receivables | 40 | €71,194 | €78,393 | +€7,199 | +10.1% |
| Other amounts receivable | 41 | €78,100 | €143,354 | +€65,254 | +83.6% |
| Current investments | 50/53 | €3,747,572 | €4,724,227 | +€976,655 | +26.1% |
| Cash at bank and in hand | 54/58 | €2,541,974 | €1,293,037 | -€1.2m | -49.1% |
| Deferred charges and accrued income | 490/1 | €73,522 | €78,149 | +€4,627 | +6.3% |
| Total equity and liabilities | 10/49 | €8,825,065 | €8,690,229 | -€134,836 | -1.5% |
| Equity | 10/15 | €7,733,485 | €7,841,818 | +€108,333 | +1.4% |
| Contributions | 10/11 | €11,403 | €11,403 | +€0 | 0.0% |
| Capital | 10 | €11,403 | €11,403 | +€0 | 0.0% |
| Reserves | 13 | €2,787,231 | €2,961,608 | +€174,377 | +6.3% |
| Profit (loss) carried forward | 14 | €4,363,227 | €4,363,227 | +€0 | 0.0% |
| Investment grants | 15 | €571,624 | €505,580 | -€66,044 | -11.6% |
| Amounts payable | 17/49 | €1,091,580 | €848,411 | -€243,169 | -22.3% |
| Amounts payable after more than one year | 17 | €3,520 | €1,239 | -€2,281 | -64.8% |
| Other amounts payable | 178/9 | €3,520 | €1,239 | -€2,281 | -64.8% |
| Amounts payable within one year | 42/48 | €998,644 | €545,176 | -€453,468 | -45.4% |
| Trade debts | 44 | €192,688 | €82,172 | -€110,516 | -57.4% |
| Suppliers | 440/4 | €192,688 | €82,172 | -€110,516 | -57.4% |
| Taxes, remuneration and social security | 45 | €805,956 | €463,004 | -€342,952 | -42.6% |
| Taxes | 450/3 | €62,456 | €9,899 | -€52,557 | -84.1% |
| Remuneration and social security | 454/9 | €743,500 | €453,105 | -€290,395 | -39.1% |
| Accrued charges and deferred income | 492/3 | €89,416 | €301,995 | +€212,579 | +237.7% |
| Operating income | 70/76A | €5,485,071 | €5,646,051 | +€160,980 | +2.9% |
| Turnover | 70 | €643,827 | €644,516 | +€689 | +0.1% |
| Other operating income | 74 | €197,566 | €170,200 | -€27,366 | -13.9% |
| Non-recurring operating income | 76A | €6,101 | €24,123 | +€18,022 | +295.4% |
| Operating charges | 60/66A | €5,217,471 | €5,477,157 | +€259,686 | +5.0% |
| Goods for resale, raw materials and consumables | 60 | €284,970 | €289,317 | +€4,347 | +1.5% |
| Purchases | 600/8 | €284,970 | €289,317 | +€4,347 | +1.5% |
| Services and other goods | 61 | €420,785 | €443,659 | +€22,874 | +5.4% |
| Remuneration, social security and pensions | 62 | €4,271,277 | €4,466,777 | +€195,500 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €228,778 | €262,945 | +€34,167 | +14.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9 | +€9 | |
| Other operating charges | 640/8 | €10,794 | €11,868 | +€1,074 | +10.0% |
| Non-recurring operating charges | 66A | €867 | €2,583 | +€1,716 | +197.9% |
| Operating profit (loss) | 9901 | €267,600 | €168,894 | -€98,706 | -36.9% |
| Financial income | 75/76B | €153,511 | €29,436 | -€124,075 | -80.8% |
| Recurring financial income | 75 | €153,511 | €29,436 | -€124,075 | -80.8% |
| Income from current assets | 751 | €146,880 | €25,725 | -€121,155 | -82.5% |
| Other financial income | 752/9 | €6,631 | €3,711 | -€2,920 | -44.0% |
| Financial charges | 65/66B | €12,975 | €6,364 | -€6,611 | -50.9% |
| Recurring financial charges | 65 | €5,538 | €6,364 | +€826 | +14.9% |
| Other financial charges | 652/9 | €5,538 | €6,364 | +€826 | +14.9% |
| Non-recurring financial charges | 66B | €7,437 | - | -€7,437 | |
| Profit (loss) for the period before taxes | 9903 | €408,136 | €191,965 | -€216,171 | -53.0% |
| Income taxes | 67/77 | €9,033 | €17,588 | +€8,555 | +94.7% |
| Taxes | 670/3 | €9,033 | €17,588 | +€8,555 | +94.7% |
| Profit (loss) for the period | 9904 | €399,103 | €174,378 | -€224,725 | -56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €399,103 | €174,378 | -€224,725 | -56.3% |
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 30 September 2026 via checked.be.