LEEUWEN07: 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.
LEEUWEN07
Largest movements
- Current investments +€250,000
up €250,000 (+83.4%), from €299,783 to €549,783
- Intangible fixed assets -€65,750
no longer reported in 2025 (was €65,750)
- Tangible fixed assets -€19,205
down €19,205 (-3.7%), from €515,562 to €496,357
of which Land and buildings: -€21,289
- Cash -€18,738
down €18,738 (-16.1%), from €116,389 to €97,652
mainly Contributions, distributions and other (-€551,209) and Current investments (-€250,000)
- Other debts +€455,350
up €455,350 (+1,151%), from €39,567 to €494,917
- Reserves -€301,554
down €301,554 (-53.3%), from €565,595 to €264,041
- Debts after one year -€38,762
down €38,762 (-12.6%), from €308,213 to €269,451
- Tax, wage and social debts +€34,934
up €34,934 (+126%), from €27,779 to €62,713
- Gross operating margin +€85,861
up €85,861 (+20.9%), from €410,567 to €496,428
- Other operating charges -€26,443
down €26,443 (-94.2%), from €28,081 to €1,637
- Taxes +€10,972
up €10,972 (+16.6%), from €66,112 to €77,084
- Financial income +€6,903
up €6,903 (+382%), from €1,805 to €8,708
- Depreciation +€6,150
up €6,150 (+5.2%), from €118,084 to €124,234
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 | €1,003,911 | €1,145,741 | +€141,831 | +14.1% |
| Fixed assets | 21/28 | €581,312 | €496,357 | -€84,955 | -14.6% |
| Intangible fixed assets | 21 | €65,750 | - | -€65,750 | |
| Tangible fixed assets | 22/27 | €515,562 | €496,357 | -€19,205 | -3.7% |
| Land and buildings | 22 | €453,577 | €432,288 | -€21,289 | -4.7% |
| Plant, machinery and equipment | 23 | €58,726 | €54,506 | -€4,220 | -7.2% |
| Furniture and vehicles | 24 | €3,016 | €9,381 | +€6,365 | +211% |
| Other tangible fixed assets | 26 | €244 | €183 | -€61 | -25.0% |
| Current assets | 29/58 | €422,598 | €649,384 | +€226,786 | +53.7% |
| Amounts receivable within one year | 40/41 | €6,426 | €1,949 | -€4,477 | -69.7% |
| Other amounts receivable | 41 | €6,426 | €1,949 | -€4,477 | -69.7% |
| Current investments | 50/53 | €299,783 | €549,783 | +€250,000 | +83.4% |
| Cash at bank and in hand | 54/58 | €116,389 | €97,652 | -€18,738 | -16.1% |
| Total equity and liabilities | 10/49 | €1,003,911 | €1,145,741 | +€141,831 | +14.1% |
| Equity | 10/15 | €577,995 | €276,441 | -€301,554 | -52.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €565,595 | €264,041 | -€301,554 | -53.3% |
| Distributable reserves | 133 | €565,595 | €264,041 | -€301,554 | -53.3% |
| Amounts payable | 17/49 | €425,915 | €869,301 | +€443,385 | +104% |
| Amounts payable after more than one year | 17 | €308,213 | €269,451 | -€38,762 | -12.6% |
| Financial debts | 170/4 | €308,213 | €269,451 | -€38,762 | -12.6% |
| Amounts payable within one year | 42/48 | €117,702 | €599,849 | +€482,147 | +410% |
| Current portion of amounts payable after more than one year | 42 | €38,243 | €38,762 | +€519 | +1.4% |
| Trade debts | 44 | €12,113 | €3,457 | -€8,656 | -71.5% |
| Suppliers | 440/4 | €12,113 | €3,457 | -€8,656 | -71.5% |
| Taxes, remuneration and social security | 45 | €27,779 | €62,713 | +€34,934 | +126% |
| Taxes | 450/3 | €27,779 | €62,713 | +€34,934 | +126% |
| Other amounts payable | 47/48 | €39,567 | €494,917 | +€455,350 | +1,151% |
| Remuneration, social security and pensions | 62 | €40,987 | €44,386 | +€3,399 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,084 | €124,234 | +€6,150 | +5.2% |
| Other operating charges | 640/8 | €28,081 | €1,637 | -€26,443 | -94.2% |
| Gross operating margin | 9900 | €410,567 | €496,428 | +€85,861 | +20.9% |
| Operating profit (loss) | 9901 | €223,415 | €326,171 | +€102,755 | +46.0% |
| Financial income | 75/76B | €1,805 | €8,708 | +€6,903 | +382% |
| Recurring financial income | 75 | €1,805 | €8,708 | +€6,903 | +382% |
| Financial charges | 65/66B | €6,116 | €8,140 | +€2,024 | +33.1% |
| Recurring financial charges | 65 | €6,116 | €8,140 | +€2,024 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | €219,104 | €326,739 | +€107,635 | +49.1% |
| Income taxes | 67/77 | €66,112 | €77,084 | +€10,972 | +16.6% |
| Profit (loss) for the period | 9904 | €152,992 | €249,654 | +€96,662 | +63.2% |
| Profit (loss) for the period to be appropriated | 9905 | €152,992 | €249,654 | +€96,662 | +63.2% |
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 20 October 2026 via checked.be.