LEIE EXPRESS: 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.
LEIE EXPRESS
Largest movements
- Receivables within one year +€66,150
up €66,150 (+49.0%), from €134,922 to €201,072
of which Other amounts receivable: +€86,880
- Tangible fixed assets -€39,474
down €39,474 (-28.4%), from €138,904 to €99,430
of which Plant, machinery and equipment: -€40,124
- Stocks and contracts +€28,737
up €28,737 (+36.8%), from €78,135 to €106,872
- Cash -€16,157
down €16,157 (-16.8%), from €96,451 to €80,293
mainly Receivables within one year (-€66,150) and Contributions, distributions and other (-€60,000)
- Deferred charges and accrued income +€7,128
new in 2025: €7,128
- Other debts +€60,000
up €60,000, from €0 to €60,000
- Debts after one year -€37,483
down €37,483 (-63.2%), from €59,315 to €21,831
- Reserves +€19,319
up €19,319 (+72.2%), from €26,762 to €46,081
of which Distributable reserves: +€19,319
- Trade debts +€18,735
up €18,735 (+7.7%), from €243,744 to €262,479
- Accrued charges and deferred income -€8,669
down €8,669 (-100%), from €8,669 to €0
- Turnover -€2.9m
no longer reported in 2025 (was €2.9m)
- Purchases and services -€2.7m
no longer reported in 2025 (was €2.7m)
- Gross operating margin +€46,448
up €46,448 (+20.3%), from €228,598 to €275,046
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 | €448,411 | €494,796 | +€46,385 | +10.3% |
| Fixed assets | 21/28 | €138,904 | €99,430 | -€39,474 | -28.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €138,904 | €99,430 | -€39,474 | -28.4% |
| Land and buildings | 22 | €852 | €551 | -€301 | -35.4% |
| Plant, machinery and equipment | 23 | €137,175 | €97,051 | -€40,124 | -29.3% |
| Furniture and vehicles | 24 | €876 | €1,828 | +€952 | +109% |
| Current assets | 29/58 | €309,507 | €395,366 | +€85,858 | +27.7% |
| Stocks and contracts in progress | 3 | €78,135 | €106,872 | +€28,737 | +36.8% |
| Stocks | 30/36 | €78,135 | €106,872 | +€28,737 | +36.8% |
| Amounts receivable within one year | 40/41 | €134,922 | €201,072 | +€66,150 | +49.0% |
| Trade receivables | 40 | €33,200 | €12,471 | -€20,729 | -62.4% |
| Other amounts receivable | 41 | €101,722 | €188,601 | +€86,880 | +85.4% |
| Cash at bank and in hand | 54/58 | €96,451 | €80,293 | -€16,157 | -16.8% |
| Deferred charges and accrued income | 490/1 | - | €7,128 | +€7,128 | |
| Total equity and liabilities | 10/49 | €448,411 | €494,796 | +€46,385 | +10.3% |
| Equity | 10/15 | €76,762 | €96,081 | +€19,319 | +25.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €26,762 | €46,081 | +€19,319 | +72.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €26,762 | €46,081 | +€19,319 | +72.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €371,649 | €398,714 | +€27,066 | +7.3% |
| Amounts payable after more than one year | 17 | €59,315 | €21,831 | -€37,483 | -63.2% |
| Financial debts | 170/4 | €59,315 | €21,831 | -€37,483 | -63.2% |
| Amounts payable within one year | 42/48 | €303,665 | €376,883 | +€73,218 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €36,000 | €36,000 | = | 0.0% |
| Financial debts | 43 | €1,483 | €1,483 | = | 0.0% |
| Other loans | 439 | €1,483 | €1,483 | = | 0.0% |
| Trade debts | 44 | €243,744 | €262,479 | +€18,735 | +7.7% |
| Suppliers | 440/4 | €243,744 | €262,479 | +€18,735 | +7.7% |
| Taxes, remuneration and social security | 45 | €22,438 | €16,921 | -€5,517 | -24.6% |
| Taxes | 450/3 | €223 | €10,328 | +€10,105 | +4,534% |
| Remuneration and social security | 454/9 | €22,215 | €6,593 | -€15,622 | -70.3% |
| Other amounts payable | 47/48 | €0 | €60,000 | +€60,000 | |
| Accrued charges and deferred income | 492/3 | €8,669 | €0 | -€8,669 | -100% |
| Turnover | 70 | €2,884,766 | - | -€2.9m | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,685,538 | - | -€2.7m | |
| Remuneration, social security and pensions | 62 | €151,996 | €123,792 | -€28,204 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,483 | €41,360 | -€5,124 | -11.0% |
| Other operating charges | 640/8 | €9,598 | €539 | -€9,058 | -94.4% |
| Gross operating margin | 9900 | €228,598 | €275,046 | +€46,448 | +20.3% |
| Operating profit (loss) | 9901 | €20,521 | €109,355 | +€88,834 | +433% |
| Financial income | 75/76B | €754 | €0 | -€754 | -100% |
| Recurring financial income | 75 | €754 | €0 | -€754 | -100% |
| Financial charges | 65/66B | €9,697 | €19,711 | +€10,014 | +103% |
| Recurring financial charges | 65 | €9,697 | €19,711 | +€10,014 | +103% |
| Profit (loss) for the period before taxes | 9903 | €11,579 | €89,644 | +€78,065 | +674% |
| Income taxes | 67/77 | €5,165 | €10,325 | +€5,160 | +99.9% |
| Profit (loss) for the period | 9904 | €6,414 | €79,319 | +€72,905 | +1,137% |
| Profit (loss) for the period to be appropriated | 9905 | €6,414 | €79,319 | +€72,905 | +1,137% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.