LEENTJENS-BOES: what changed
What changed
LEENTJENS-BOES
NACE 25.930, Manufacture of fabricated metal products, except machinery and equipment
filed annual accounts (NBB)
Net result for the year
€69,002
2024 · €327,464-€258,462
Equity
€611,523
2024 · €542,521+€69,002
Cash
€21,201
2024 · €255,042-€233,841
Balance sheet total
€1.5m
2024 · €1.5m+€4,912
Largest movements
Assets
- Cash -€233,841
down €233,841 (-91.7%), from €255,042 to €21,201
mainly Investment in fixed assets (net) (-€225,833) and Debts after one year (-€91,137)
- Tangible fixed assets +€224,194
up €224,194 (+302%), from €74,116 to €298,310
of which Land and buildings: +€225,666
- Receivables within one year +€15,575
up €15,575 (+1.3%), from €1.2m to €1.2m
of which Trade receivables: +€18,473
Equity and liabilities
- Provisions +€106,271
new in 2025: €106,271
- Debts after one year -€91,137
down €91,137 (-16.6%), from €550,499 to €459,362
of which Other amounts payable: -€91,137
- Trade debts -€86,963
down €86,963 (-20.2%), from €431,231 to €344,268
- Profit (loss) carried forward +€69,002
up €69,002 (+3.5%), from -€1.9m to -€1.9m
Income statement
- Gross operating margin -€191,565
down €191,565 (-50.1%), from €382,533 to €190,968
- Staff costs +€68,114
up €68,114 (+217%), from €31,395 to €99,509
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
€327,464
Gross operating margin
-€191,565
Staff costs
-€68,114
Depreciation
-€210
Other operating charges
-€2,280
Financial income
+€0
Financial charges
+€3,707
Result 2025
€69,002
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
+€83,130
Investment
-€225,833
Financing
-€91,137
Cash 2024
€255,042
From operations (derived)
+€83,130
Net result for the year
+€69,002
Depreciation
+€1,639
Receivables within one year
-€15,575
Deferred charges and accrued income
+€1,016
Provisions
+€106,271
Trade debts
-€86,963
Tax, wage and social debts
+€7,740
Investment (derived)
-€225,833
Investment in fixed assets (net)
-€225,833
Financing
-€91,137
Debts after one year
-€91,137
Cash 2025
€21,201
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,526,507 | €1,531,419 | +€4,912 | +0.3% |
| Fixed assets | 21/28 | €74,416 | €298,610 | +€224,194 | +301% |
| Tangible fixed assets | 22/27 | €74,116 | €298,310 | +€224,194 | +302% |
| Land and buildings | 22 | €71,829 | €297,495 | +€225,666 | +314% |
| Furniture and vehicles | 24 | €2,287 | €814 | -€1,472 | -64.4% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €1,452,091 | €1,232,809 | -€219,282 | -15.1% |
| Stocks and contracts in progress | 3 | €26,756 | €26,756 | = | 0.0% |
| Stocks | 30/36 | €26,756 | €26,756 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,168,138 | €1,183,713 | +€15,575 | +1.3% |
| Trade receivables | 40 | €1,165,240 | €1,183,713 | +€18,473 | +1.6% |
| Other amounts receivable | 41 | €2,898 | - | -€2,898 | |
| Cash at bank and in hand | 54/58 | €255,042 | €21,201 | -€233,841 | -91.7% |
| Deferred charges and accrued income | 490/1 | €2,155 | €1,140 | -€1,016 | -47.1% |
| Total equity and liabilities | 10/49 | €1,526,507 | €1,531,419 | +€4,912 | +0.3% |
| Equity | 10/15 | €542,521 | €611,523 | +€69,002 | +12.7% |
| Contributions | 10/11 | €1,275,102 | €1,275,102 | = | 0.0% |
| Capital | 10 | €1,214,678 | €1,214,678 | = | 0.0% |
| Issued capital | 100 | €1,214,678 | €1,214,678 | = | 0.0% |
| Contributions outside capital | 11 | €60,424 | €60,424 | = | 0.0% |
| Share premium | 1100/10 | €60,424 | €60,424 | = | 0.0% |
| Revaluation surpluses | 12 | €470,998 | €470,998 | = | 0.0% |
| Reserves | 13 | €745,126 | €745,126 | = | 0.0% |
| Non-distributable reserves | 130/1 | €122,361 | €122,361 | = | 0.0% |
| Legal reserve | 130 | €91,721 | €91,721 | = | 0.0% |
| Reserves not available under the articles | 1311 | €30,640 | €30,640 | = | 0.0% |
| Tax-exempt reserves | 132 | €53,230 | €53,230 | = | 0.0% |
| Distributable reserves | 133 | €569,535 | €569,535 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,948,705 | -€1,879,703 | +€69,002 | +3.5% |
| Provisions and deferred taxes | 16 | - | €106,271 | +€106,271 | |
| Provisions for liabilities and charges | 160/5 | - | €106,271 | +€106,271 | |
| Pensions and similar obligations | 160 | - | €106,271 | +€106,271 | |
| Amounts payable | 17/49 | €983,986 | €813,625 | -€170,360 | -17.3% |
| Amounts payable after more than one year | 17 | €550,499 | €459,362 | -€91,137 | -16.6% |
| Financial debts | 170/4 | €322,262 | €322,262 | = | 0.0% |
| Other amounts payable | 178/9 | €228,238 | €137,100 | -€91,137 | -39.9% |
| Amounts payable within one year | 42/48 | €433,486 | €354,263 | -€79,223 | -18.3% |
| Trade debts | 44 | €431,231 | €344,268 | -€86,963 | -20.2% |
| Suppliers | 440/4 | €431,231 | €344,268 | -€86,963 | -20.2% |
| Taxes, remuneration and social security | 45 | €2,255 | €9,995 | +€7,740 | +343% |
| Taxes | 450/3 | - | €656 | +€656 | |
| Remuneration and social security | 454/9 | €2,255 | €9,339 | +€7,084 | +314% |
| Remuneration, social security and pensions | 62 | €31,395 | €99,509 | +€68,114 | +217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,429 | €1,639 | +€210 | +14.7% |
| Other operating charges | 640/8 | €17,058 | €19,338 | +€2,280 | +13.4% |
| Gross operating margin | 9900 | €382,533 | €190,968 | -€191,565 | -50.1% |
| Operating profit (loss) | 9901 | €332,651 | €70,481 | -€262,169 | -78.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +20.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +20.0% |
| Financial charges | 65/66B | €5,187 | €1,480 | -€3,707 | -71.5% |
| Recurring financial charges | 65 | €5,187 | €1,480 | -€3,707 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | €327,464 | €69,002 | -€258,462 | -78.9% |
| Profit (loss) for the period | 9904 | €327,464 | €69,002 | -€258,462 | -78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €327,464 | €69,002 | -€258,462 | -78.9% |
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 3 November 2026 via checked.be.