LEEFLANK: what changed
Two financial 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.
LEEFLANK
Largest movements
- Tangible fixed assets -€42,891
down €42,891 (-15.8%), from €271,842 to €228,951
of which Plant, machinery and equipment: -€36,758
- Stocks and contracts +€36,057
up €36,057 (+32.0%), from €112,690 to €148,747
- Receivables within one year -€18,442
down €18,442 (-89.8%), from €20,535 to €2,093
- Cash -€12,791
down €12,791 (-78.3%), from €16,330 to €3,539
mainly Stocks and contracts (-€36,057) and Other debts (-€20,302)
- Other debts -€20,302
down €20,302 (-10.2%), from €199,894 to €179,592
- Profit (loss) carried forward -€12,967
new in 2025: -€12,967
- Trade debts -€4,769
down €4,769 (-87.7%), from €5,435 to €667
- Gross operating margin -€22,675
down €22,675 (-42.4%), from €53,454 to €30,780
- Depreciation +€3,136
up €3,136 (+7.9%), from €39,755 to €42,891
- Taxes -€2,641
no longer reported in 2025 (was €2,641)
- Other operating charges -€998
down €998 (-60.8%), from €1,642 to €644
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.
Derived cash bridge
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 | €423,565 | €384,341 | -€39,224 | -9.3% |
| Fixed assets | 21/28 | €274,010 | €229,962 | -€44,048 | -16.1% |
| Tangible fixed assets | 22/27 | €271,842 | €228,951 | -€42,891 | -15.8% |
| Plant, machinery and equipment | 23 | €232,010 | €195,252 | -€36,758 | -15.8% |
| Furniture and vehicles | 24 | €39,832 | €33,698 | -€6,134 | -15.4% |
| Financial fixed assets | 28 | €2,168 | €1,011 | -€1,157 | -53.4% |
| Current assets | 29/58 | €149,555 | €154,379 | +€4,824 | +3.2% |
| Stocks and contracts in progress | 3 | €112,690 | €148,747 | +€36,057 | +32.0% |
| Stocks | 30/36 | €112,690 | €148,747 | +€36,057 | +32.0% |
| Amounts receivable within one year | 40/41 | €20,535 | €2,093 | -€18,442 | -89.8% |
| Trade receivables | 40 | €20,535 | €2,093 | -€18,442 | -89.8% |
| Cash at bank and in hand | 54/58 | €16,330 | €3,539 | -€12,791 | -78.3% |
| Total equity and liabilities | 10/49 | €423,565 | €384,341 | -€39,224 | -9.3% |
| Equity | 10/15 | €215,636 | €202,669 | -€12,967 | -6.0% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €120,000 | +€120,000 | |
| Other | 1109/19 | - | €120,000 | +€120,000 | |
| Reserves | 13 | €95,636 | €95,636 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,000 | +€1,000 | |
| Legal reserve | 130 | - | €1,000 | +€1,000 | |
| Distributable reserves | 133 | €95,636 | €94,636 | -€1,000 | -1.0% |
| Profit (loss) carried forward | 14 | - | -€12,967 | -€12,967 | |
| Amounts payable | 17/49 | €207,929 | €181,671 | -€26,257 | -12.6% |
| Amounts payable within one year | 42/48 | €207,929 | €181,671 | -€26,257 | -12.6% |
| Trade debts | 44 | €5,435 | €667 | -€4,769 | -87.7% |
| Suppliers | 440/4 | €5,435 | €667 | -€4,769 | -87.7% |
| Taxes, remuneration and social security | 45 | €2,600 | €1,412 | -€1,187 | -45.7% |
| Taxes | 450/3 | €2,600 | €1,412 | -€1,187 | -45.7% |
| Other amounts payable | 47/48 | €199,894 | €179,592 | -€20,302 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,755 | €42,891 | +€3,136 | +7.9% |
| Other operating charges | 640/8 | €1,642 | €644 | -€998 | -60.8% |
| Gross operating margin | 9900 | €53,454 | €30,780 | -€22,675 | -42.4% |
| Operating profit (loss) | 9901 | €12,057 | -€12,755 | -€24,813 | |
| Financial income | 75/76B | €8 | €16 | +€8 | +95.6% |
| Recurring financial income | 75 | €8 | €16 | +€8 | +95.6% |
| Financial charges | 65/66B | €299 | €227 | -€72 | -24.1% |
| Recurring financial charges | 65 | €299 | €227 | -€72 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €11,766 | -€12,967 | -€24,733 | |
| Income taxes | 67/77 | €2,641 | - | -€2,641 | |
| Profit (loss) for the period | 9904 | €9,125 | -€12,967 | -€22,092 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,125 | -€12,967 | -€22,092 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.