LEEL: 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.
LEEL
Largest movements
- Cash -€3,490
down €3,490 (-8.4%), from €41,684 to €38,194
mainly Trade debts (-€11,158) and Deferred charges and accrued income (-€2,430)
- Deferred charges and accrued income +€2,430
up €2,430 (+104%), from €2,340 to €4,770
- Receivables within one year +€2,313
up €2,313 (+23.7%), from €9,741 to €12,053
of which Trade receivables: +€7,719
- Other debts +€12,000
up €12,000 (+368%), from €3,263 to €15,263
- Trade debts -€11,158
down €11,158 (-41.1%), from €27,119 to €15,961
- Tax, wage and social debts -€1,215
down €1,215 (-3.5%), from €34,593 to €33,378
- Gross operating margin -€14,727
down €14,727 (-93.8%), from €15,693 to €967
- Taxes -€3,844
down €3,844 (-93.6%), from €4,108 to €264
- Financial income +€1,260
up €1,260 (+108%), from €1,170 to €2,430
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.
Derived cash bridge
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 | €109,795 | €110,058 | +€263 | +0.2% |
| Current assets | 29/58 | €109,795 | €110,058 | +€263 | +0.2% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Other amounts receivable | 291 | €45,000 | €45,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €11,030 | €10,041 | -€989 | -9.0% |
| Stocks | 30/36 | €11,030 | €10,041 | -€989 | -9.0% |
| Amounts receivable within one year | 40/41 | €9,741 | €12,053 | +€2,313 | +23.7% |
| Trade receivables | 40 | - | €7,719 | +€7,719 | |
| Other amounts receivable | 41 | €9,741 | €4,334 | -€5,406 | -55.5% |
| Cash at bank and in hand | 54/58 | €41,684 | €38,194 | -€3,490 | -8.4% |
| Deferred charges and accrued income | 490/1 | €2,340 | €4,770 | +€2,430 | +104% |
| Total equity and liabilities | 10/49 | €109,795 | €110,058 | +€263 | +0.2% |
| Equity | 10/15 | €44,820 | €45,456 | +€636 | +1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,620 | €39,256 | +€636 | +1.6% |
| Distributable reserves | 133 | €38,620 | €39,256 | +€636 | +1.6% |
| Amounts payable | 17/49 | €64,975 | €64,602 | -€373 | -0.6% |
| Amounts payable within one year | 42/48 | €64,975 | €64,602 | -€373 | -0.6% |
| Trade debts | 44 | €27,119 | €15,961 | -€11,158 | -41.1% |
| Suppliers | 440/4 | €27,119 | €15,961 | -€11,158 | -41.1% |
| Taxes, remuneration and social security | 45 | €34,593 | €33,378 | -€1,215 | -3.5% |
| Taxes | 450/3 | €34,593 | €33,378 | -€1,215 | -3.5% |
| Other amounts payable | 47/48 | €3,263 | €15,263 | +€12,000 | +368% |
| Other operating charges | 640/8 | €408 | €423 | +€15 | +3.8% |
| Gross operating margin | 9900 | €15,693 | €967 | -€14,727 | -93.8% |
| Operating profit (loss) | 9901 | €15,286 | €544 | -€14,742 | -96.4% |
| Financial income | 75/76B | €1,170 | €2,430 | +€1,260 | +108% |
| Recurring financial income | 75 | €1,170 | €2,430 | +€1,260 | +108% |
| Financial charges | 65/66B | €2,040 | €2,073 | +€32 | +1.6% |
| Recurring financial charges | 65 | €2,040 | €2,073 | +€32 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €14,415 | €901 | -€13,515 | -93.8% |
| Income taxes | 67/77 | €4,108 | €264 | -€3,844 | -93.6% |
| Profit (loss) for the period | 9904 | €10,307 | €636 | -€9,671 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,307 | €636 | -€9,671 | -93.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.