LEETEREIND: 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.
LEETEREIND
Largest movements
- Tangible fixed assets -€18,606
down €18,606 (-9.1%), from €204,296 to €185,690
- Profit (loss) carried forward -€14,341
down €14,341 (-2.9%), from -€494,211 to -€508,552
- Other debts -€6,365
no longer reported in 2025 (was €6,365)
- Debts after one year +€2,147
up €2,147 (+0.9%), from €243,230 to €245,377
- Gross operating margin -€704
down €704 (-8.3%), from €8,525 to €7,821
- Financial charges -€135
down €135 (-51.8%), from €260 to €125
- Other operating charges +€93
up €93 (+2.8%), from €3,340 to €3,433
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 | €205,876 | €187,315 | -€18,561 | -9.0% |
| Fixed assets | 21/28 | €205,323 | €186,720 | -€18,603 | -9.1% |
| Tangible fixed assets | 22/27 | €204,296 | €185,690 | -€18,606 | -9.1% |
| Land and buildings | 22 | €204,296 | €185,690 | -€18,606 | -9.1% |
| Financial fixed assets | 28 | €1,027 | €1,030 | +€3 | +0.3% |
| Current assets | 29/58 | €553 | €595 | +€42 | +7.5% |
| Cash at bank and in hand | 54/58 | €45 | €70 | +€25 | +55.1% |
| Deferred charges and accrued income | 490/1 | €508 | €525 | +€17 | +3.4% |
| Total equity and liabilities | 10/49 | €205,876 | €187,315 | -€18,561 | -9.0% |
| Equity | 10/15 | -€44,211 | -€58,552 | -€14,341 | -32.4% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€494,211 | -€508,552 | -€14,341 | -2.9% |
| Amounts payable | 17/49 | €250,087 | €245,867 | -€4,220 | -1.7% |
| Amounts payable after more than one year | 17 | €243,230 | €245,377 | +€2,147 | +0.9% |
| Other amounts payable | 178/9 | €243,230 | €245,377 | +€2,147 | +0.9% |
| Amounts payable within one year | 42/48 | €6,857 | €490 | -€6,367 | -92.9% |
| Trade debts | 44 | €492 | €490 | -€2 | -0.5% |
| Suppliers | 440/4 | €492 | €490 | -€2 | -0.5% |
| Other amounts payable | 47/48 | €6,365 | - | -€6,365 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,606 | €18,606 | = | 0.0% |
| Other operating charges | 640/8 | €3,340 | €3,433 | +€93 | +2.8% |
| Gross operating margin | 9900 | €8,525 | €7,821 | -€704 | -8.3% |
| Operating profit (loss) | 9901 | -€13,421 | -€14,219 | -€798 | -5.9% |
| Financial income | 75/76B | €4 | €3 | -€0 | -12.0% |
| Recurring financial income | 75 | €4 | €3 | -€0 | -12.0% |
| Financial charges | 65/66B | €260 | €125 | -€135 | -51.8% |
| Recurring financial charges | 65 | €260 | €125 | -€135 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,677 | -€14,341 | -€663 | -4.9% |
| Profit (loss) for the period | 9904 | -€13,677 | -€14,341 | -€663 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,677 | -€14,341 | -€663 | -4.9% |
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 18 October 2026 via checked.be.