LEENAERTS: 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.
LEENAERTS
Largest movements
- Tangible fixed assets -€20,009
down €20,009 (-8.0%), from €248,701 to €228,692
- Profit (loss) carried forward -€15,871
down €15,871 (-6.4%), from -€246,219 to -€262,090
- Debts after one year -€3,384
down €3,384 (-2.1%), from €158,590 to €155,206
of which Other amounts payable: -€158,590
- Turnover -€5,320
no longer reported in 2025 (was €5,320)
- Gross operating margin +€248
up €248 (+4.7%), from €5,256 to €5,504
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 | €248,778 | €229,522 | -€19,255 | -7.7% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €248,701 | €228,692 | -€20,009 | -8.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €248,701 | €228,692 | -€20,009 | -8.0% |
| Land and buildings | 22 | €248,701 | €228,692 | -€20,009 | -8.0% |
| Current assets | 29/58 | €77 | €831 | +€754 | +977% |
| Cash at bank and in hand | 54/58 | €77 | €831 | +€754 | +977% |
| Total equity and liabilities | 10/49 | €248,778 | €229,522 | -€19,255 | -7.7% |
| Equity | 10/15 | €80,539 | €64,667 | -€15,871 | -19.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €305,000 | €305,000 | = | 0.0% |
| Reserves | 13 | €3,207 | €3,207 | = | 0.0% |
| Distributable reserves | 133 | €3,207 | €3,207 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€246,219 | -€262,090 | -€15,871 | -6.4% |
| Amounts payable | 17/49 | €168,239 | €164,855 | -€3,384 | -2.0% |
| Amounts payable after more than one year | 17 | €158,590 | €155,206 | -€3,384 | -2.1% |
| Financial debts | 170/4 | - | €155,206 | +€155,206 | |
| Other amounts payable | 178/9 | €158,590 | - | -€158,590 | |
| Accrued charges and deferred income | 492/3 | €9,649 | €9,649 | = | 0.0% |
| Turnover | 70 | €5,320 | - | -€5,320 | |
| Goods, raw materials, services and sundry goods | 60/61 | €64 | €66 | +€2 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,009 | €20,009 | = | 0.0% |
| Other operating charges | 640/8 | €1,286 | €1,324 | +€39 | +3.0% |
| Gross operating margin | 9900 | €5,256 | €5,504 | +€248 | +4.7% |
| Operating profit (loss) | 9901 | -€16,038 | -€15,829 | +€209 | +1.3% |
| Financial charges | 65/66B | €84 | €42 | -€42 | -50.0% |
| Recurring financial charges | 65 | €84 | €42 | -€42 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,122 | -€15,871 | +€251 | +1.6% |
| Profit (loss) for the period | 9904 | -€16,122 | -€15,871 | +€251 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,122 | -€15,871 | +€251 | +1.6% |
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 14 October 2026 via checked.be.