LEENAERTS NIELS: what changed
What changed
LEENAERTS NIELS
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€58,756
2024 · €15,949+€42,808
Equity
€198,911
2024 · €201,926-€3,015
Cash
€75,229
2024 · €21,320+€53,908
Balance sheet total
€433,276
2024 · €455,594-€22,318
Largest movements
Assets
- Cash +€53,908
up €53,908 (+253%), from €21,320 to €75,229
mainly Net result for the year (+€58,756) and Receivables within one year (+€48,981)
- Receivables within one year -€48,981
down €48,981 (-46.7%), from €104,873 to €55,892
of which Other amounts receivable: -€50,432
- Tangible fixed assets -€28,484
down €28,484 (-8.7%), from €329,089 to €300,605
of which Furniture and vehicles: -€15,292
Equity and liabilities
- Debts after one year -€17,110
down €17,110 (-7.6%), from €225,662 to €208,552
Income statement
- Other operating charges -€50,534
down €50,534 (-91.5%), from €55,241 to €4,706
- Gross operating margin +€24,755
up €24,755 (+27.0%), from €91,610 to €116,365
- Taxes +€20,933
up €20,933 (+257%), from €8,153 to €29,086
- Depreciation +€6,433
up €6,433 (+57.1%), from €11,258 to €17,692
- Financial charges +€3,271
up €3,271 (+47.9%), from €6,827 to €10,098
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
€15,949
Gross operating margin
+€24,755
Depreciation
-€6,433
Other operating charges
+€50,534
Financial income
-€1,844
Financial charges
-€3,271
Taxes
-€20,933
Result 2025
€58,756
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
+€124,164
Investment
+€10,792
Financing
-€81,048
Cash 2024
€21,320
From operations (derived)
+€124,164
Net result for the year
+€58,756
Depreciation
+€17,692
Receivables within one year
+€48,981
Deferred charges and accrued income
-€1,238
Trade debts
-€196
Tax, wage and social debts
-€2,535
Advances received
+€765
Other debts
+€1,940
Investment (derived)
+€10,792
Investment in fixed assets (net)
+€10,792
Financing
-€81,048
Debts after one year
-€17,110
Current portion of long-term debt
-€2,166
Contributions, distributions and other
-€61,772
Cash 2025
€75,229
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €455,594 | €433,276 | -€22,318 | -4.9% |
| Fixed assets | 21/28 | €329,089 | €300,605 | -€28,484 | -8.7% |
| Tangible fixed assets | 22/27 | €329,089 | €300,605 | -€28,484 | -8.7% |
| Land and buildings | 22 | €307,475 | €295,765 | -€11,710 | -3.8% |
| Plant, machinery and equipment | 23 | €6,041 | €4,559 | -€1,482 | -24.5% |
| Furniture and vehicles | 24 | €15,573 | €282 | -€15,292 | -98.2% |
| Current assets | 29/58 | €126,505 | €132,671 | +€6,166 | +4.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €104,873 | €55,892 | -€48,981 | -46.7% |
| Trade receivables | 40 | €0 | €1,451 | +€1,451 | |
| Other amounts receivable | 41 | €104,873 | €54,442 | -€50,432 | -48.1% |
| Cash at bank and in hand | 54/58 | €21,320 | €75,229 | +€53,908 | +253% |
| Deferred charges and accrued income | 490/1 | €312 | €1,550 | +€1,238 | +397% |
| Total equity and liabilities | 10/49 | €455,594 | €433,276 | -€22,318 | -4.9% |
| Equity | 10/15 | €201,926 | €198,911 | -€3,015 | -1.5% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €201,326 | €198,311 | -€3,015 | -1.5% |
| Distributable reserves | 133 | €201,326 | €198,311 | -€3,015 | -1.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €253,668 | €234,365 | -€19,303 | -7.6% |
| Amounts payable after more than one year | 17 | €225,662 | €208,552 | -€17,110 | -7.6% |
| Financial debts | 170/4 | €225,662 | €208,552 | -€17,110 | -7.6% |
| Amounts payable within one year | 42/48 | €28,006 | €25,814 | -€2,193 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €17,261 | €15,095 | -€2,166 | -12.6% |
| Trade debts | 44 | €1,125 | €928 | -€196 | -17.5% |
| Suppliers | 440/4 | €1,125 | €928 | -€196 | -17.5% |
| Advances received on contracts in progress | 46 | - | €765 | +€765 | |
| Taxes, remuneration and social security | 45 | €9,621 | €7,086 | -€2,535 | -26.3% |
| Taxes | 450/3 | €9,621 | €7,086 | -€2,535 | -26.3% |
| Other amounts payable | 47/48 | - | €1,940 | +€1,940 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,258 | €17,692 | +€6,433 | +57.1% |
| Other operating charges | 640/8 | €55,241 | €4,706 | -€50,534 | -91.5% |
| Gross operating margin | 9900 | €91,610 | €116,365 | +€24,755 | +27.0% |
| Operating profit (loss) | 9901 | €25,111 | €93,967 | +€68,856 | +274% |
| Financial income | 75/76B | €5,817 | €3,973 | -€1,844 | -31.7% |
| Recurring financial income | 75 | €5,817 | €3,973 | -€1,844 | -31.7% |
| Financial charges | 65/66B | €6,827 | €10,098 | +€3,271 | +47.9% |
| Recurring financial charges | 65 | €6,827 | €10,098 | +€3,271 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | €24,101 | €87,842 | +€63,741 | +264% |
| Income taxes | 67/77 | €8,153 | €29,086 | +€20,933 | +257% |
| Profit (loss) for the period | 9904 | €15,949 | €58,756 | +€42,808 | +268% |
| Profit (loss) for the period to be appropriated | 9905 | €15,949 | €58,756 | +€42,808 | +268% |
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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 7 November 2026 via checked.be.