Leicon Holding: what changed
What changed
Leicon Holding
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€311,187
2024 · €143,784+€167,403
Equity
€2.0m
2024 · €1.7m+€251,187
Cash
€27,991
2024 · €173+€27,818
Balance sheet total
€3.4m
2024 · €3.3m+€78,860
Largest movements
Assets
- Receivables within one year +€88,995
up €88,995 (+155%), from €57,500 to €146,495
of which Trade receivables: +€75,995
- Receivables after one year -€40,851
down €40,851 (-45.3%), from €90,214 to €49,363
Equity and liabilities
- Reserves +€251,187
up €251,187 (+31.4%), from €799,289 to €1.1m
- Other debts -€170,528
down €170,528 (-37.2%), from €458,255 to €287,728
- Debts after one year -€47,648
down €47,648 (-4.9%), from €971,326 to €923,677
Income statement
- Gross operating margin +€134,111
up €134,111 (+230%), from €58,243 to €192,354
- Financial income +€50,051
up €50,051 (+19.6%), from €255,638 to €305,690
- Depreciation -€45,121
down €45,121 (-43.2%), from €104,424 to €59,303
- Staff costs +€42,553
up €42,553 (+952%), from €4,471 to €47,024
- Taxes +€16,740
up €16,740 (+116%), from €14,378 to €31,119
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
€143,784
Gross operating margin
+€134,111
Staff costs
-€42,553
Depreciation
+€45,121
Other operating charges
-€61
Financial income
+€50,051
Financial charges
-€2,526
Taxes
-€16,740
Result 2025
€311,187
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
+€179,598
Investment
-€66,723
Financing
-€85,057
Cash 2024
€173
From operations (derived)
+€179,598
Net result for the year
+€311,187
Depreciation
+€59,303
Receivables after one year
+€40,851
Receivables within one year
-€88,995
Deferred charges and accrued income
+€4,522
Trade debts
-€6,460
Tax, wage and social debts
+€27,694
Other debts
-€170,528
Accrued charges and deferred income
+€2,025
Investment (derived)
-€66,723
Investment in fixed assets (net)
-€66,723
Financing
-€85,057
Debts after one year
-€47,648
Current portion of long-term debt
+€22,591
Contributions, distributions and other
-€60,000
Cash 2025
€27,991
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,319,023 | €3,397,883 | +€78,860 | +2.4% |
| Fixed assets | 21/28 | €3,163,503 | €3,170,923 | +€7,420 | +0.2% |
| Tangible fixed assets | 22/27 | €1,456,361 | €1,463,781 | +€7,420 | +0.5% |
| Land and buildings | 22 | €1,417,599 | €1,426,584 | +€8,984 | +0.6% |
| Plant, machinery and equipment | 23 | €1,177 | €12 | -€1,165 | -99.0% |
| Furniture and vehicles | 24 | €5,666 | €5,267 | -€399 | -7.0% |
| Other tangible fixed assets | 26 | €31,919 | €31,919 | = | 0.0% |
| Financial fixed assets | 28 | €1,707,142 | €1,707,142 | = | 0.0% |
| Current assets | 29/58 | €155,520 | €226,960 | +€71,440 | +45.9% |
| Amounts receivable after more than one year | 29 | €90,214 | €49,363 | -€40,851 | -45.3% |
| Other amounts receivable | 291 | €90,214 | €49,363 | -€40,851 | -45.3% |
| Amounts receivable within one year | 40/41 | €57,500 | €146,495 | +€88,995 | +155% |
| Trade receivables | 40 | - | €75,995 | +€75,995 | |
| Other amounts receivable | 41 | €57,500 | €70,500 | +€13,000 | +22.6% |
| Cash at bank and in hand | 54/58 | €173 | €27,991 | +€27,818 | +16,123% |
| Deferred charges and accrued income | 490/1 | €7,634 | €3,112 | -€4,522 | -59.2% |
| Total equity and liabilities | 10/49 | €3,319,023 | €3,397,883 | +€78,860 | +2.4% |
| Equity | 10/15 | €1,719,289 | €1,970,476 | +€251,187 | +14.6% |
| Contributions | 10/11 | €920,000 | €920,000 | = | 0.0% |
| Reserves | 13 | €799,289 | €1,050,476 | +€251,187 | +31.4% |
| Distributable reserves | 133 | €799,289 | €1,050,476 | +€251,187 | +31.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,599,734 | €1,427,407 | -€172,327 | -10.8% |
| Amounts payable after more than one year | 17 | €971,326 | €923,677 | -€47,648 | -4.9% |
| Financial debts | 170/4 | €971,326 | €923,677 | -€47,648 | -4.9% |
| Amounts payable within one year | 42/48 | €619,338 | €492,635 | -€126,703 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €115,385 | €137,976 | +€22,591 | +19.6% |
| Trade debts | 44 | €8,296 | €1,836 | -€6,460 | -77.9% |
| Suppliers | 440/4 | €8,296 | €1,836 | -€6,460 | -77.9% |
| Taxes, remuneration and social security | 45 | €37,401 | €65,095 | +€27,694 | +74.0% |
| Taxes | 450/3 | €30,037 | €52,419 | +€22,382 | +74.5% |
| Remuneration and social security | 454/9 | €7,364 | €12,676 | +€5,312 | +72.1% |
| Other amounts payable | 47/48 | €458,255 | €287,728 | -€170,528 | -37.2% |
| Accrued charges and deferred income | 492/3 | €9,071 | €11,096 | +€2,025 | +22.3% |
| Remuneration, social security and pensions | 62 | €4,471 | €47,024 | +€42,553 | +952% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,424 | €59,303 | -€45,121 | -43.2% |
| Other operating charges | 640/8 | €3,798 | €3,860 | +€61 | +1.6% |
| Gross operating margin | 9900 | €58,243 | €192,354 | +€134,111 | +230% |
| Operating profit (loss) | 9901 | -€54,450 | €82,167 | +€136,618 | |
| Financial income | 75/76B | €255,638 | €305,690 | +€50,051 | +19.6% |
| Recurring financial income | 75 | €255,638 | €305,690 | +€50,051 | +19.6% |
| Financial charges | 65/66B | €43,025 | €45,551 | +€2,526 | +5.9% |
| Recurring financial charges | 65 | €43,025 | €45,551 | +€2,526 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €158,163 | €342,306 | +€184,143 | +116% |
| Income taxes | 67/77 | €14,378 | €31,119 | +€16,740 | +116% |
| Profit (loss) for the period | 9904 | €143,784 | €311,187 | +€167,403 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €143,784 | €311,187 | +€167,403 | +116% |
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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 2 November 2026 via checked.be.