Leemans J. Telecom: 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.
Leemans J. Telecom
Largest movements
- Tangible fixed assets +€36,458
new in 2025: €36,458
of which Furniture and vehicles: +€30,240
- Receivables within one year +€35,183
up €35,183 (+2,822%), from €1,247 to €36,430
of which Trade receivables: +€34,364
- Cash -€10,914
down €10,914 (-95.1%), from €11,476 to €562
mainly Investment in fixed assets (net) (-€39,388) and Receivables within one year (-€35,183)
- Receivables after one year +€1,960
up €1,960 (+2.8%), from €70,380 to €72,340
- Profit (loss) carried forward +€34,033
up €34,033 (+49.9%), from €68,263 to €102,296
- Current portion of long-term debt +€13,605
new in 2025: €13,605
- Debts after one year +€12,764
new in 2025: €12,764
- Accrued charges and deferred income +€9,400
new in 2025: €9,400
- Tax, wage and social debts -€6,436
down €6,436 (-50.6%), from €12,717 to €6,281
of which Taxes: -€6,436
- Gross operating margin +€14,532
up €14,532 (+38.5%), from €37,736 to €52,268
- Taxes +€5,287
up €5,287 (+55.3%), from €9,569 to €14,855
- Depreciation +€2,930
new in 2025: €2,930
- Other operating charges +€523
up €523 (+58.2%), from €899 to €1,423
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 | €85,023 | €146,956 | +€61,934 | +72.8% |
| Fixed assets | 21/28 | - | €36,458 | +€36,458 | |
| Tangible fixed assets | 22/27 | - | €36,458 | +€36,458 | |
| Land and buildings | 22 | - | €6,218 | +€6,218 | |
| Furniture and vehicles | 24 | - | €30,240 | +€30,240 | |
| Current assets | 29/58 | €85,023 | €110,498 | +€25,475 | +30.0% |
| Amounts receivable after more than one year | 29 | €70,380 | €72,340 | +€1,960 | +2.8% |
| Other amounts receivable | 291 | €70,380 | €72,340 | +€1,960 | +2.8% |
| Amounts receivable within one year | 40/41 | €1,247 | €36,430 | +€35,183 | +2,822% |
| Trade receivables | 40 | €0 | €34,364 | +€34,364 | |
| Other amounts receivable | 41 | €1,247 | €2,066 | +€819 | +65.7% |
| Cash at bank and in hand | 54/58 | €11,476 | €562 | -€10,914 | -95.1% |
| Deferred charges and accrued income | 490/1 | €1,921 | €1,166 | -€754 | -39.3% |
| Total equity and liabilities | 10/49 | €85,023 | €146,956 | +€61,934 | +72.8% |
| Equity | 10/15 | €70,663 | €104,696 | +€34,033 | +48.2% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,263 | €102,296 | +€34,033 | +49.9% |
| Amounts payable | 17/49 | €14,360 | €42,260 | +€27,901 | +194% |
| Amounts payable after more than one year | 17 | - | €12,764 | +€12,764 | |
| Financial debts | 170/4 | - | €12,764 | +€12,764 | |
| Amounts payable within one year | 42/48 | €14,360 | €20,096 | +€5,736 | +39.9% |
| Current portion of amounts payable after more than one year | 42 | - | €13,605 | +€13,605 | |
| Trade debts | 44 | €1,643 | €210 | -€1,433 | -87.2% |
| Suppliers | 440/4 | €1,643 | €210 | -€1,433 | -87.2% |
| Taxes, remuneration and social security | 45 | €12,717 | €6,281 | -€6,436 | -50.6% |
| Taxes | 450/3 | €12,717 | €6,281 | -€6,436 | -50.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €9,400 | +€9,400 | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,930 | +€2,930 | |
| Other operating charges | 640/8 | €899 | €1,423 | +€523 | +58.2% |
| Non-recurring operating charges | 66A | €474 | - | -€474 | |
| Gross operating margin | 9900 | €37,736 | €52,268 | +€14,532 | +38.5% |
| Operating profit (loss) | 9901 | €36,363 | €47,916 | +€11,553 | +31.8% |
| Financial income | 75/76B | €1,399 | €1,871 | +€472 | +33.7% |
| Recurring financial income | 75 | €1,399 | €1,871 | +€472 | +33.7% |
| Financial charges | 65/66B | €834 | €898 | +€64 | +7.7% |
| Recurring financial charges | 65 | €834 | €898 | +€64 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €36,928 | €48,888 | +€11,960 | +32.4% |
| Income taxes | 67/77 | €9,569 | €14,855 | +€5,287 | +55.3% |
| Profit (loss) for the period | 9904 | €27,359 | €34,033 | +€6,673 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,359 | €34,033 | +€6,673 | +24.4% |
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.