LEEFORT: 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.
LEEFORT
Largest movements
- Current investments -€75,000
down €75,000 (-78.5%), from €95,500 to €20,500
- Cash -€25,103
down €25,103 (-47.2%), from €53,148 to €28,046
mainly Other debts (-€90,738) and Contributions, distributions and other (-€88,824)
- Tangible fixed assets +€2,961
up €2,961, from €0 to €2,961
of which Plant, machinery and equipment: +€2,961
- Receivables within one year +€2,768
up €2,768 (+9.7%), from €28,511 to €31,279
of which Trade receivables: +€3,430
- Other debts -€90,738
down €90,738 (-70.0%), from €129,561 to €38,824
- Reserves -€3,755
down €3,755 (-19.5%), from €19,283 to €15,528
- Gross operating margin -€9,923
down €9,923 (-8.3%), from €119,775 to €109,852
- Taxes -€2,421
down €2,421 (-10.0%), from €24,246 to €21,824
- Financial charges +€1,204
up €1,204 (+98.0%), from €1,229 to €2,434
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 | €178,752 | €83,930 | -€94,822 | -53.0% |
| Fixed assets | 21/28 | €0 | €2,961 | +€2,961 | |
| Tangible fixed assets | 22/27 | €0 | €2,961 | +€2,961 | |
| Plant, machinery and equipment | 23 | - | €2,961 | +€2,961 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €178,752 | €80,970 | -€97,782 | -54.7% |
| Amounts receivable within one year | 40/41 | €28,511 | €31,279 | +€2,768 | +9.7% |
| Trade receivables | 40 | €26,632 | €30,062 | +€3,430 | +12.9% |
| Other amounts receivable | 41 | €1,879 | €1,217 | -€662 | -35.2% |
| Current investments | 50/53 | €95,500 | €20,500 | -€75,000 | -78.5% |
| Cash at bank and in hand | 54/58 | €53,148 | €28,046 | -€25,103 | -47.2% |
| Deferred charges and accrued income | 490/1 | €1,592 | €1,145 | -€448 | -28.1% |
| Total equity and liabilities | 10/49 | €178,752 | €83,930 | -€94,822 | -53.0% |
| Equity | 10/15 | €37,883 | €34,128 | -€3,755 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,283 | €15,528 | -€3,755 | -19.5% |
| Distributable reserves | 133 | €19,283 | €15,528 | -€3,755 | -19.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €140,868 | €49,802 | -€91,067 | -64.6% |
| Amounts payable within one year | 42/48 | €140,868 | €49,802 | -€91,067 | -64.6% |
| Trade debts | 44 | €1,300 | €470 | -€830 | -63.8% |
| Suppliers | 440/4 | €1,300 | €470 | -€830 | -63.8% |
| Taxes, remuneration and social security | 45 | €10,007 | €10,508 | +€500 | +5.0% |
| Taxes | 450/3 | €10,007 | €10,508 | +€500 | +5.0% |
| Other amounts payable | 47/48 | €129,561 | €38,824 | -€90,738 | -70.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €14,480 | €0 | -€14,480 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162 | €915 | +€753 | +464.6% |
| Other operating charges | 640/8 | €1,237 | €506 | -€732 | -59.1% |
| Gross operating margin | 9900 | €119,775 | €109,852 | -€9,923 | -8.3% |
| Operating profit (loss) | 9901 | €118,376 | €108,431 | -€9,944 | -8.4% |
| Financial income | 75/76B | €699 | €895 | +€196 | +28.0% |
| Recurring financial income | 75 | €699 | €895 | +€196 | +28.0% |
| Financial charges | 65/66B | €1,229 | €2,434 | +€1,204 | +98.0% |
| Recurring financial charges | 65 | €1,229 | €2,434 | +€1,204 | +98.0% |
| Profit (loss) for the period before taxes | 9903 | €117,845 | €106,893 | -€10,952 | -9.3% |
| Income taxes | 67/77 | €24,246 | €21,824 | -€2,421 | -10.0% |
| Profit (loss) for the period | 9904 | €93,600 | €85,069 | -€8,531 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €93,600 | €85,069 | -€8,531 | -9.1% |
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 9 October 2026 via checked.be.