LEEN DE MEYER: 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.
LEEN DE MEYER
Largest movements
- Tangible fixed assets -€7,649
down €7,649 (-24.4%), from €31,357 to €23,707
of which Furniture and vehicles: -€7,233
- Cash -€6,712
down €6,712 (-21.6%), from €31,022 to €24,309
mainly Debts after one year (-€12,110) and Other debts (-€6,114)
- Receivables within one year +€2,846
up €2,846 (+68.3%), from €4,169 to €7,015
of which Other amounts receivable: +€5,296
- Debts after one year -€12,110
down €12,110 (-46.0%), from €26,346 to €14,237
- Current portion of long-term debt +€6,223
new in 2025: €6,223
- Other debts -€6,114
down €6,114 (-100%), from €6,114 to €0
- Tax, wage and social debts -€4,866
down €4,866 (-80.4%), from €6,052 to €1,186
- Reserves +€4,603
up €4,603 (+19.1%), from €24,136 to €28,740
- Gross operating margin -€26,443
down €26,443 (-63.2%), from €41,830 to €15,386
- Taxes -€4,866
down €4,866 (-80.4%), from €6,052 to €1,186
- Depreciation -€1,540
down €1,540 (-16.8%), from €9,189 to €7,649
- Financial charges -€517
down €517 (-26.4%), from €1,956 to €1,439
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 | €66,547 | €55,031 | -€11,516 | -17.3% |
| Fixed assets | 21/28 | €31,357 | €23,707 | -€7,649 | -24.4% |
| Tangible fixed assets | 22/27 | €31,357 | €23,707 | -€7,649 | -24.4% |
| Plant, machinery and equipment | 23 | €1,666 | €1,249 | -€416 | -25.0% |
| Furniture and vehicles | 24 | €29,691 | €22,458 | -€7,233 | -24.4% |
| Current assets | 29/58 | €35,190 | €31,324 | -€3,867 | -11.0% |
| Amounts receivable within one year | 40/41 | €4,169 | €7,015 | +€2,846 | +68.3% |
| Trade receivables | 40 | €4,169 | €1,719 | -€2,450 | -58.8% |
| Other amounts receivable | 41 | - | €5,296 | +€5,296 | |
| Cash at bank and in hand | 54/58 | €31,022 | €24,309 | -€6,712 | -21.6% |
| Total equity and liabilities | 10/49 | €66,547 | €55,031 | -€11,516 | -17.3% |
| Equity | 10/15 | €26,636 | €31,240 | +€4,603 | +17.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €24,136 | €28,740 | +€4,603 | +19.1% |
| Distributable reserves | 133 | €24,136 | €28,740 | +€4,603 | +19.1% |
| Amounts payable | 17/49 | €39,911 | €23,792 | -€16,119 | -40.4% |
| Amounts payable after more than one year | 17 | €26,346 | €14,237 | -€12,110 | -46.0% |
| Financial debts | 170/4 | €26,346 | €14,237 | -€12,110 | -46.0% |
| Amounts payable within one year | 42/48 | €13,364 | €7,855 | -€5,510 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,223 | +€6,223 | |
| Trade debts | 44 | €1,198 | €445 | -€753 | -62.8% |
| Suppliers | 440/4 | €1,198 | €445 | -€753 | -62.8% |
| Taxes, remuneration and social security | 45 | €6,052 | €1,186 | -€4,866 | -80.4% |
| Taxes | 450/3 | €6,052 | €1,186 | -€4,866 | -80.4% |
| Other amounts payable | 47/48 | €6,114 | €0 | -€6,114 | -100% |
| Accrued charges and deferred income | 492/3 | €200 | €1,700 | +€1,500 | +750% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,189 | €7,649 | -€1,540 | -16.8% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €41,830 | €15,386 | -€26,443 | -63.2% |
| Operating profit (loss) | 9901 | €32,141 | €7,224 | -€24,917 | -77.5% |
| Financial income | 75/76B | €3 | €4 | +€1 | +34.0% |
| Recurring financial income | 75 | €3 | €4 | +€1 | +34.0% |
| Financial charges | 65/66B | €1,956 | €1,439 | -€517 | -26.4% |
| Recurring financial charges | 65 | €1,956 | €1,439 | -€517 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €30,188 | €5,789 | -€24,399 | -80.8% |
| Income taxes | 67/77 | €6,052 | €1,186 | -€4,866 | -80.4% |
| Profit (loss) for the period | 9904 | €24,136 | €4,603 | -€19,533 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,136 | €4,603 | -€19,533 | -80.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.