LEEUWERIK: 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.
LEEUWERIK
Largest movements
- Receivables within one year -€30,250
down €30,250 (-100%), from €30,250 to €0
- Tangible fixed assets -€24,790
down €24,790 (-30.9%), from €80,155 to €55,364
of which Furniture and vehicles: -€30,843
- Cash +€13,542
up €13,542 (+1,428%), from €948 to €14,490
mainly Net result for the year (+€119,241) and Depreciation (+€32,416)
- Other debts -€157,376
down €157,376 (-61.2%), from €257,236 to €99,860
- Profit (loss) carried forward +€119,241
up €119,241 (+47.3%), from -€252,334 to -€133,093
- Trade debts -€3,072
down €3,072 (-50.9%), from €6,039 to €2,966
- Gross operating margin +€28,887
up €28,887 (+22.3%), from €129,708 to €158,595
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 | €111,656 | €70,394 | -€41,262 | -37.0% |
| Fixed assets | 21/28 | €80,155 | €55,364 | -€24,790 | -30.9% |
| Tangible fixed assets | 22/27 | €80,155 | €55,364 | -€24,790 | -30.9% |
| Land and buildings | 22 | €38,396 | €45,694 | +€7,298 | +19.0% |
| Furniture and vehicles | 24 | €30,843 | €0 | -€30,843 | -100% |
| Other tangible fixed assets | 26 | €10,916 | €9,671 | -€1,245 | -11.4% |
| Current assets | 29/58 | €31,501 | €15,029 | -€16,472 | -52.3% |
| Amounts receivable within one year | 40/41 | €30,250 | €0 | -€30,250 | -100% |
| Trade receivables | 40 | €30,250 | €0 | -€30,250 | -100% |
| Cash at bank and in hand | 54/58 | €948 | €14,490 | +€13,542 | +1,428% |
| Deferred charges and accrued income | 490/1 | €303 | €540 | +€237 | +78.0% |
| Total equity and liabilities | 10/49 | €111,656 | €70,394 | -€41,262 | -37.0% |
| Equity | 10/15 | -€157,637 | -€38,396 | +€119,241 | +75.6% |
| Contributions | 10/11 | €89,242 | €89,242 | = | 0.0% |
| Reserves | 13 | €5,455 | €5,455 | = | 0.0% |
| Distributable reserves | 133 | €5,455 | €5,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€252,334 | -€133,093 | +€119,241 | +47.3% |
| Amounts payable | 17/49 | €269,293 | €108,790 | -€160,503 | -59.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €269,293 | €108,790 | -€160,503 | -59.6% |
| Current portion of amounts payable after more than one year | 42 | €1,012 | €0 | -€1,012 | -100% |
| Trade debts | 44 | €6,039 | €2,966 | -€3,072 | -50.9% |
| Suppliers | 440/4 | €6,039 | €2,966 | -€3,072 | -50.9% |
| Taxes, remuneration and social security | 45 | €5,006 | €5,963 | +€957 | +19.1% |
| Taxes | 450/3 | €5,006 | €5,963 | +€957 | +19.1% |
| Other amounts payable | 47/48 | €257,236 | €99,860 | -€157,376 | -61.2% |
| Remuneration, social security and pensions | 62 | €311 | €172 | -€139 | -44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,617 | €32,416 | -€201 | -0.6% |
| Other operating charges | 640/8 | €6,985 | €5,856 | -€1,130 | -16.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €129,708 | €158,595 | +€28,887 | +22.3% |
| Operating profit (loss) | 9901 | €89,795 | €120,151 | +€30,356 | +33.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,484 | €408 | -€1,076 | -72.5% |
| Recurring financial charges | 65 | €1,484 | €408 | -€1,076 | -72.5% |
| Profit (loss) for the period before taxes | 9903 | €88,312 | €119,743 | +€31,432 | +35.6% |
| Income taxes | 67/77 | €1,135 | €502 | -€633 | -55.8% |
| Profit (loss) for the period | 9904 | €87,176 | €119,241 | +€32,065 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €87,176 | €119,241 | +€32,065 | +36.8% |
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 15 October 2026 via checked.be.