LEEMBANK: 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.
What changed
LEEMBANK
NACE 08.123, Other mining and quarrying
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · €741,493+€1.4m
Equity
€1.7m
2024 · -€452,654+€2.2m
Cash
€306,620
2024 · €294,681+€11,939
Balance sheet total
€2.9m
2024 · €3.4m-€551,567
Largest movements
Assets
- Tangible fixed assets -€572,663
down €572,663 (-18.6%), from €3.1m to €2.5m
Equity and liabilities
- Debts after one year -€2.6m
down €2.6m (-72.4%), from €3.6m to €1.0m
- Profit (loss) carried forward +€2.2m
up €2.2m, from -€992,760 to €1.2m
- Accrued charges and deferred income -€184,920
no longer reported in 2025 (was €184,920)
- Tax, wage and social debts +€63,117
new in 2025: €63,117
Income statement
- Gross operating margin +€2.7m
up €2.7m (+191%), from €1.4m to €4.2m
- Financial charges +€874,097
up €874,097 (+128%), from €685,070 to €1.6m
- Taxes +€413,117
new in 2025: €413,117
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.
Result 2024
€741,493
Gross operating margin
+€2.7m
Other operating charges
-€1,349
Other operating items
-€10,000
Financial income
+€0
Financial charges
-€874,097
Taxes
-€413,117
Result 2025
€2.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.1m
Investment
+€572,663
Financing
-€2.6m
Cash 2024
€294,681
From operations (derived)
+€2.1m
Net result for the year
+€2.2m
Receivables within one year
-€9,157
Trade debts
+€3,552
Tax, wage and social debts
+€63,117
Other debts
+€13,758
Accrued charges and deferred income
-€184,920
Investment (derived)
+€572,663
Investment in fixed assets (net)
+€572,663
Financing
-€2.6m
Debts after one year
-€2.6m
Contributions, distributions and other
+€0
Cash 2025
€306,620
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,419,542 | €2,867,975 | -€551,567 | -16.1% |
| Fixed assets | 21/28 | €3,077,071 | €2,504,408 | -€572,663 | -18.6% |
| Tangible fixed assets | 22/27 | €3,077,071 | €2,504,408 | -€572,663 | -18.6% |
| Land and buildings | 22 | €3,077,071 | €2,504,408 | -€572,663 | -18.6% |
| Current assets | 29/58 | €342,471 | €363,567 | +€21,096 | +6.2% |
| Amounts receivable within one year | 40/41 | €47,790 | €56,947 | +€9,157 | +19.2% |
| Trade receivables | 40 | €34,257 | €33,105 | -€1,152 | -3.4% |
| Other amounts receivable | 41 | €13,533 | €23,842 | +€10,309 | +76.2% |
| Cash at bank and in hand | 54/58 | €294,681 | €306,620 | +€11,939 | +4.1% |
| Total equity and liabilities | 10/49 | €3,419,542 | €2,867,975 | -€551,567 | -16.1% |
| Equity | 10/15 | -€452,654 | €1,730,014 | +€2.2m | |
| Contributions | 10/11 | €540,000 | €540,000 | = | 0.0% |
| Reserves | 13 | €106 | €106 | +€0 | +0.4% |
| Non-distributable reserves | 130/1 | €106 | €106 | +€0 | +0.4% |
| Reserves not available under the articles | 1311 | €106 | €106 | +€0 | +0.4% |
| Profit (loss) carried forward | 14 | -€992,760 | €1,189,907 | +€2.2m | |
| Amounts payable | 17/49 | €3,872,196 | €1,137,961 | -€2.7m | -70.6% |
| Amounts payable after more than one year | 17 | €3,629,741 | €1,000,000 | -€2.6m | -72.4% |
| Financial debts | 170/4 | €3,629,741 | €1,000,000 | -€2.6m | -72.4% |
| Amounts payable within one year | 42/48 | €57,535 | €137,961 | +€80,426 | +140% |
| Trade debts | 44 | €57,535 | €61,087 | +€3,552 | +6.2% |
| Suppliers | 440/4 | €57,535 | €61,087 | +€3,552 | +6.2% |
| Taxes, remuneration and social security | 45 | - | €63,117 | +€63,117 | |
| Taxes | 450/3 | - | €63,117 | +€63,117 | |
| Other amounts payable | 47/48 | - | €13,758 | +€13,758 | |
| Accrued charges and deferred income | 492/3 | €184,920 | - | -€184,920 | |
| Non-recurring operating income | 76A | €1,451,827 | €4,461,985 | +€3.0m | +207% |
| Other operating charges | 640/8 | €5,526 | €6,875 | +€1,349 | +24.4% |
| Non-recurring operating charges | 66A | - | €10,000 | +€10,000 | |
| Gross operating margin | 9900 | €1,432,089 | €4,171,826 | +€2.7m | +191% |
| Operating profit (loss) | 9901 | €1,426,563 | €4,154,950 | +€2.7m | +191% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €685,070 | €1,559,167 | +€874,097 | +128% |
| Recurring financial charges | 65 | €685,070 | €1,559,167 | +€874,097 | +128% |
| Profit (loss) for the period before taxes | 9903 | €741,493 | €2,595,784 | +€1.9m | +250% |
| Income taxes | 67/77 | - | €413,117 | +€413,117 | |
| Profit (loss) for the period | 9904 | €741,493 | €2,182,667 | +€1.4m | +194% |
| Profit (loss) for the period to be appropriated | 9905 | €741,493 | €2,182,667 | +€1.4m | +194% |
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 20 October 2026 via checked.be.