LEFTOBE: 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.
LEFTOBE
Largest movements
- Cash +€49,046
up €49,046 (+54.4%), from €90,155 to €139,201
mainly Net result for the year (+€74,513) and Receivables within one year (+€6,928)
- Receivables within one year -€6,928
down €6,928 (-13.2%), from €52,636 to €45,708
- Tangible fixed assets +€6,181
up €6,181 (+161.4%), from €3,830 to €10,010
of which Other tangible fixed assets: +€6,699
- Reserves +€74,513
up €74,513 (+105.3%), from €70,780 to €145,293
- Other debts -€24,468
down €24,468 (-62.0%), from €39,482 to €15,014
- Tax, wage and social debts -€3,362
down €3,362 (-10.0%), from €33,491 to €30,129
- Gross operating margin +€10,451
up €10,451 (+11.4%), from €91,512 to €101,964
- Financial charges +€4,142
up €4,142 (+706.7%), from €586 to €4,728
- Taxes +€1,678
up €1,678 (+8.5%), from €19,816 to €21,494
- Depreciation +€1,200
up €1,200 (+585.8%), from €205 to €1,405
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.
Cash bridge derived
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 | €147,501 | €195,940 | +€48,439 | +32.8% |
| Fixed assets | 21/28 | €3,830 | €10,010 | +€6,181 | +161.4% |
| Tangible fixed assets | 22/27 | €3,830 | €10,010 | +€6,181 | +161.4% |
| Plant, machinery and equipment | 23 | €1,682 | €1,163 | -€518 | -30.8% |
| Other tangible fixed assets | 26 | €2,148 | €8,847 | +€6,699 | +311.8% |
| Current assets | 29/58 | €143,671 | €185,929 | +€42,258 | +29.4% |
| Amounts receivable within one year | 40/41 | €52,636 | €45,708 | -€6,928 | -13.2% |
| Trade receivables | 40 | €52,636 | €45,708 | -€6,928 | -13.2% |
| Cash at bank and in hand | 54/58 | €90,155 | €139,201 | +€49,046 | +54.4% |
| Deferred charges and accrued income | 490/1 | €880 | €1,020 | +€140 | +15.9% |
| Total equity and liabilities | 10/49 | €147,501 | €195,940 | +€48,439 | +32.8% |
| Equity | 10/15 | €71,780 | €146,293 | +€74,513 | +103.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €70,780 | €145,293 | +€74,513 | +105.3% |
| Distributable reserves | 133 | €70,780 | €145,293 | +€74,513 | +105.3% |
| Amounts payable | 17/49 | €75,721 | €49,646 | -€26,074 | -34.4% |
| Amounts payable within one year | 42/48 | €75,664 | €48,240 | -€27,424 | -36.2% |
| Trade debts | 44 | €2,692 | €3,097 | +€406 | +15.1% |
| Suppliers | 440/4 | €2,692 | €3,097 | +€406 | +15.1% |
| Taxes, remuneration and social security | 45 | €33,491 | €30,129 | -€3,362 | -10.0% |
| Taxes | 450/3 | €33,491 | €30,129 | -€3,362 | -10.0% |
| Other amounts payable | 47/48 | €39,482 | €15,014 | -€24,468 | -62.0% |
| Accrued charges and deferred income | 492/3 | €57 | €1,406 | +€1,350 | +2389.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205 | €1,405 | +€1,200 | +585.8% |
| Other operating charges | 640/8 | €126 | €338 | +€212 | +168.3% |
| Gross operating margin | 9900 | €91,512 | €101,964 | +€10,451 | +11.4% |
| Operating profit (loss) | 9901 | €91,182 | €100,221 | +€9,040 | +9.9% |
| Financial income | 75/76B | €1 | €514 | +€513 | +69320.3% |
| Recurring financial income | 75 | €1 | €514 | +€513 | +69320.3% |
| Financial charges | 65/66B | €586 | €4,728 | +€4,142 | +706.7% |
| Recurring financial charges | 65 | €586 | €4,728 | +€4,142 | +706.7% |
| Profit (loss) for the period before taxes | 9903 | €90,596 | €96,007 | +€5,410 | +6.0% |
| Income taxes | 67/77 | €19,816 | €21,494 | +€1,678 | +8.5% |
| Profit (loss) for the period | 9904 | €70,780 | €74,513 | +€3,733 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,780 | €74,513 | +€3,733 | +5.3% |
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 9 October 2026 via checked.be.