LEENAK: 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.
LEENAK
Largest movements
- Cash -€608,759
down €608,759 (-79.7%), from €763,369 to €154,609
mainly Receivables within one year (-€331,078) and Contributions, distributions and other (-€251,000)
- Receivables within one year +€331,078
up €331,078 (+1,086%), from €30,489 to €361,567
of which Other amounts receivable: +€322,400
- Tangible fixed assets -€21,958
down €21,958 (-3.8%), from €574,693 to €552,735
of which Furniture and vehicles: -€21,958
- Reserves -€248,077
down €248,077 (-18.5%), from €1.3m to €1.1m
- Tax, wage and social debts -€45,593
down €45,593 (-80.5%), from €56,652 to €11,060
of which Taxes: -€45,593
- Financial income -€240,224
no longer reported in 2025 (was €240,224)
- Gross operating margin -€62,349
down €62,349 (-60.0%), from €103,928 to €41,579
- Taxes -€41,249
down €41,249 (-95.9%), from €43,031 to €1,782
- Other operating charges -€5,539
down €5,539 (-65.0%), from €8,523 to €2,984
- Financial charges +€1,142
up €1,142 (+10.6%), from €10,790 to €11,932
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 | €1,761,856 | €1,463,063 | -€298,792 | -17.0% |
| Fixed assets | 21/28 | €616,893 | €594,935 | -€21,958 | -3.6% |
| Tangible fixed assets | 22/27 | €574,693 | €552,735 | -€21,958 | -3.8% |
| Land and buildings | 22 | €119,393 | €119,393 | = | 0.0% |
| Furniture and vehicles | 24 | €47,211 | €25,253 | -€21,958 | -46.5% |
| Assets under construction and advance payments | 27 | €408,089 | €408,089 | = | 0.0% |
| Financial fixed assets | 28 | €42,200 | €42,200 | = | 0.0% |
| Current assets | 29/58 | €1,144,962 | €868,128 | -€276,834 | -24.2% |
| Amounts receivable within one year | 40/41 | €30,489 | €361,567 | +€331,078 | +1,086% |
| Trade receivables | 40 | €30,489 | €39,167 | +€8,678 | +28.5% |
| Other amounts receivable | 41 | - | €322,400 | +€322,400 | |
| Current investments | 50/53 | €350,000 | €350,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €763,369 | €154,609 | -€608,759 | -79.7% |
| Deferred charges and accrued income | 490/1 | €1,105 | €1,952 | +€847 | +76.7% |
| Total equity and liabilities | 10/49 | €1,761,856 | €1,463,063 | -€298,792 | -17.0% |
| Equity | 10/15 | €1,350,793 | €1,102,715 | -€248,077 | -18.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,344,593 | €1,096,515 | -€248,077 | -18.5% |
| Distributable reserves | 133 | €1,344,593 | €1,096,515 | -€248,077 | -18.5% |
| Amounts payable | 17/49 | €411,063 | €360,348 | -€50,715 | -12.3% |
| Amounts payable after more than one year | 17 | €352,264 | €337,127 | -€15,137 | -4.3% |
| Financial debts | 170/4 | €352,264 | €337,127 | -€15,137 | -4.3% |
| Amounts payable within one year | 42/48 | €58,799 | €23,221 | -€35,578 | -60.5% |
| Current portion of amounts payable after more than one year | 42 | - | €10,484 | +€10,484 | |
| Trade debts | 44 | €2,120 | €1,678 | -€442 | -20.9% |
| Suppliers | 440/4 | €2,120 | €1,678 | -€442 | -20.9% |
| Taxes, remuneration and social security | 45 | €56,652 | €11,060 | -€45,593 | -80.5% |
| Taxes | 450/3 | €53,952 | €8,360 | -€45,593 | -84.5% |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 47/48 | €26 | - | -€26 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,965 | €21,958 | +€993 | +4.7% |
| Other operating charges | 640/8 | €8,523 | €2,984 | -€5,539 | -65.0% |
| Gross operating margin | 9900 | €103,928 | €41,579 | -€62,349 | -60.0% |
| Operating profit (loss) | 9901 | €74,440 | €16,637 | -€57,803 | -77.7% |
| Financial income | 75/76B | €240,224 | - | -€240,224 | |
| Recurring financial income | 75 | €240,224 | - | -€240,224 | |
| Financial charges | 65/66B | €10,790 | €11,932 | +€1,142 | +10.6% |
| Recurring financial charges | 65 | €10,790 | €11,932 | +€1,142 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €303,874 | €4,705 | -€299,169 | -98.5% |
| Income taxes | 67/77 | €43,031 | €1,782 | -€41,249 | -95.9% |
| Profit (loss) for the period | 9904 | €260,843 | €2,923 | -€257,921 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €260,843 | €2,923 | -€257,921 | -98.9% |
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 13 October 2026 via checked.be.