LEEN & VAN LOOVEREN: what changed
What changed
LEEN & VAN LOOVEREN
NACE 32.500, Manufacture of medical and dental instruments and supplies
filed annual accounts (NBB)
Net result for the year
-€163,459
2024 · -€15,493-€147,966
Equity
€412,900
2024 · €576,359-€163,459
Cash
€1,051
2024 · €2,164-€1,113
Balance sheet total
€594,135
2024 · €869,893-€275,757
Largest movements
Assets
- Receivables within one year -€266,628
down €266,628 (-38.4%), from €694,767 to €428,139
of which Other amounts receivable: -€245,545
Equity and liabilities
- Profit (loss) carried forward -€163,459
down €163,459 (-3,990%), from -€4,097 to -€167,556
- Trade debts -€86,515
down €86,515 (-44.3%), from €195,195 to €108,680
- Tax, wage and social debts -€32,288
down €32,288 (-32.8%), from €98,339 to €66,051
of which Remuneration and social security: -€28,664
Income statement
- Gross operating margin -€175,679
down €175,679 (-26.8%), from €654,846 to €479,167
- Staff costs -€45,494
down €45,494 (-6.8%), from €673,068 to €627,573
- Financial income -€9,536
down €9,536 (-26.0%), from €36,697 to €27,161
- Depreciation +€7,057
up €7,057 (+23.6%), from €29,891 to €36,948
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€15,493
Gross operating margin
-€175,679
Staff costs
+€45,494
Depreciation
-€7,057
Other operating charges
+€718
Financial income
-€9,536
Financial charges
+€630
Taxes
-€2,537
Result 2025
-€163,459
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€31,028
Investment
-€32,140
Financing
€0
Cash 2024
€2,164
From operations (derived)
+€31,028
Net result for the year
-€163,459
Depreciation
+€36,948
Stocks and contracts
+€3,676
Receivables within one year
+€266,628
Deferred charges and accrued income
-€467
Trade debts
-€86,515
Tax, wage and social debts
-€32,288
Other debts
+€6,504
Investment (derived)
-€32,140
Investment in fixed assets (net)
-€32,140
Cash 2025
€1,051
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €869,893 | €594,135 | -€275,757 | -31.7% |
| Fixed assets | 21/28 | €146,748 | €141,941 | -€4,808 | -3.3% |
| Tangible fixed assets | 22/27 | €130,826 | €126,019 | -€4,808 | -3.7% |
| Land and buildings | 22 | €20,675 | €25,911 | +€5,236 | +25.3% |
| Plant, machinery and equipment | 23 | €79,631 | €74,169 | -€5,462 | -6.9% |
| Furniture and vehicles | 24 | €30,521 | €25,939 | -€4,581 | -15.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €15,922 | €15,922 | = | 0.0% |
| Current assets | 29/58 | €723,144 | €452,195 | -€270,950 | -37.5% |
| Stocks and contracts in progress | 3 | €26,213 | €22,537 | -€3,676 | -14.0% |
| Stocks | 30/36 | €26,213 | €22,537 | -€3,676 | -14.0% |
| Amounts receivable within one year | 40/41 | €694,767 | €428,139 | -€266,628 | -38.4% |
| Trade receivables | 40 | €187,188 | €166,105 | -€21,083 | -11.3% |
| Other amounts receivable | 41 | €507,579 | €262,034 | -€245,545 | -48.4% |
| Cash at bank and in hand | 54/58 | €2,164 | €1,051 | -€1,113 | -51.4% |
| Deferred charges and accrued income | 490/1 | - | €467 | +€467 | |
| Total equity and liabilities | 10/49 | €869,893 | €594,135 | -€275,757 | -31.7% |
| Equity | 10/15 | €576,359 | €412,900 | -€163,459 | -28.4% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €543,271 | €543,271 | = | 0.0% |
| Distributable reserves | 133 | €543,271 | €543,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,097 | -€167,556 | -€163,459 | -3,990% |
| Amounts payable | 17/49 | €293,534 | €181,236 | -€112,299 | -38.3% |
| Amounts payable within one year | 42/48 | €293,534 | €181,236 | -€112,299 | -38.3% |
| Trade debts | 44 | €195,195 | €108,680 | -€86,515 | -44.3% |
| Suppliers | 440/4 | €195,195 | €108,680 | -€86,515 | -44.3% |
| Taxes, remuneration and social security | 45 | €98,339 | €66,051 | -€32,288 | -32.8% |
| Taxes | 450/3 | €19,482 | €15,858 | -€3,624 | -18.6% |
| Remuneration and social security | 454/9 | €78,857 | €50,193 | -€28,664 | -36.3% |
| Other amounts payable | 47/48 | - | €6,504 | +€6,504 | |
| Non-recurring operating income | 76A | - | €4,132 | +€4,132 | |
| Remuneration, social security and pensions | 62 | €673,068 | €627,573 | -€45,494 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,891 | €36,948 | +€7,057 | +23.6% |
| Other operating charges | 640/8 | €1,250 | €532 | -€718 | -57.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €654,846 | €479,167 | -€175,679 | -26.8% |
| Operating profit (loss) | 9901 | -€49,363 | -€185,886 | -€136,523 | -277% |
| Financial income | 75/76B | €36,697 | €27,161 | -€9,536 | -26.0% |
| Recurring financial income | 75 | €36,697 | €27,161 | -€9,536 | -26.0% |
| Financial charges | 65/66B | €2,667 | €2,037 | -€630 | -23.6% |
| Recurring financial charges | 65 | €2,667 | €2,037 | -€630 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,333 | -€160,762 | -€145,429 | -948% |
| Income taxes | 67/77 | €160 | €2,697 | +€2,537 | +1,586% |
| Profit (loss) for the period | 9904 | -€15,493 | -€163,459 | -€147,966 | -955% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,493 | -€163,459 | -€147,966 | -955% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.