LEIEBOS: 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.
LEIEBOS
Largest movements
- Tangible fixed assets -€97,232
down €97,232 (-6.9%), from €1.4m to €1.3m
of which Plant, machinery and equipment: -€69,520
- Cash +€93,136
up €93,136 (+1,289%), from €7,228 to €100,365
mainly Other debts (+€232,998) and Depreciation (+€97,232)
- Deferred charges and accrued income +€75,743
up €75,743 (+41.1%), from €184,363 to €260,106
- Receivables after one year +€65,000
up €65,000 (+2.7%), from €2.4m to €2.5m
- Other debts +€232,998
up €232,998 (+8.6%), from €2.7m to €2.9m
- Reserves -€105,832
down €105,832 (-11.6%), from €915,364 to €809,532
of which Distributable reserves: -€105,832
- Financial income -€69,076
down €69,076 (-40.3%), from €171,570 to €102,495
- Purchases and services +€13,188
up €13,188 (+13.0%), from €101,831 to €115,018
- Depreciation -€8,879
down €8,879 (-8.4%), from €106,111 to €97,232
- Gross operating margin -€5,689
down €5,689 (-23.6%), from -€24,146 to -€29,835
- Other operating charges +€3,841
up €3,841 (+37.1%), from €10,349 to €14,191
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 | €5,604,878 | €5,723,287 | +€118,409 | +2.1% |
| Fixed assets | 21/28 | €2,771,991 | €2,674,760 | -€97,232 | -3.5% |
| Tangible fixed assets | 22/27 | €1,405,234 | €1,308,002 | -€97,232 | -6.9% |
| Land and buildings | 22 | €1,020,722 | €1,000,095 | -€20,627 | -2.0% |
| Plant, machinery and equipment | 23 | €364,220 | €294,700 | -€69,520 | -19.1% |
| Furniture and vehicles | 24 | €20,292 | €13,207 | -€7,085 | -34.9% |
| Financial fixed assets | 28 | €1,366,758 | €1,366,758 | = | 0.0% |
| Current assets | 29/58 | €2,832,886 | €3,048,527 | +€215,641 | +7.6% |
| Amounts receivable after more than one year | 29 | €2,419,830 | €2,484,830 | +€65,000 | +2.7% |
| Other amounts receivable | 291 | €2,419,830 | €2,484,830 | +€65,000 | +2.7% |
| Amounts receivable within one year | 40/41 | €221,465 | €203,226 | -€18,239 | -8.2% |
| Trade receivables | 40 | €221,223 | €203,226 | -€17,997 | -8.1% |
| Other amounts receivable | 41 | €242 | - | -€242 | |
| Cash at bank and in hand | 54/58 | €7,228 | €100,365 | +€93,136 | +1,289% |
| Deferred charges and accrued income | 490/1 | €184,363 | €260,106 | +€75,743 | +41.1% |
| Total equity and liabilities | 10/49 | €5,604,878 | €5,723,287 | +€118,409 | +2.1% |
| Equity | 10/15 | €1,549,685 | €1,443,853 | -€105,832 | -6.8% |
| Contributions | 10/11 | €634,320 | €634,320 | = | 0.0% |
| Capital | 10 | €634,320 | €634,320 | = | 0.0% |
| Issued capital | 100 | €634,320 | €634,320 | = | 0.0% |
| Reserves | 13 | €915,364 | €809,532 | -€105,832 | -11.6% |
| Non-distributable reserves | 130/1 | €23,500 | €23,500 | = | 0.0% |
| Legal reserve | 130 | €23,500 | €23,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,458 | €15,458 | = | 0.0% |
| Distributable reserves | 133 | €876,406 | €770,574 | -€105,832 | -12.1% |
| Provisions and deferred taxes | 16 | €1,278,521 | €1,248,513 | -€30,008 | -2.3% |
| Provisions for liabilities and charges | 160/5 | €1,278,521 | €1,248,513 | -€30,008 | -2.3% |
| Other liabilities and charges | 164/5 | €1,278,521 | €1,248,513 | -€30,008 | -2.3% |
| Amounts payable | 17/49 | €2,776,672 | €3,030,921 | +€254,249 | +9.2% |
| Amounts payable within one year | 42/48 | €2,711,427 | €2,963,075 | +€251,648 | +9.3% |
| Trade debts | 44 | €15,834 | €31,982 | +€16,148 | +102% |
| Suppliers | 440/4 | €15,834 | €31,982 | +€16,148 | +102% |
| Taxes, remuneration and social security | 45 | - | €2,502 | +€2,502 | |
| Taxes | 450/3 | - | €2,502 | +€2,502 | |
| Other amounts payable | 47/48 | €2,695,594 | €2,928,591 | +€232,998 | +8.6% |
| Accrued charges and deferred income | 492/3 | €65,245 | €67,846 | +€2,601 | +4.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €101,831 | €115,018 | +€13,188 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,111 | €97,232 | -€8,879 | -8.4% |
| Other operating charges | 640/8 | €10,349 | €14,191 | +€3,841 | +37.1% |
| Gross operating margin | 9900 | -€24,146 | -€29,835 | -€5,689 | -23.6% |
| Operating profit (loss) | 9901 | -€140,606 | -€141,257 | -€651 | -0.5% |
| Financial income | 75/76B | €171,570 | €102,495 | -€69,076 | -40.3% |
| Recurring financial income | 75 | €171,570 | €102,495 | -€69,076 | -40.3% |
| Financial charges | 65/66B | €65,865 | €66,666 | +€801 | +1.2% |
| Recurring financial charges | 65 | €65,865 | €66,666 | +€801 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€34,900 | -€105,429 | -€70,529 | -202% |
| Income taxes | 67/77 | €413 | €403 | -€9 | -2.3% |
| Profit (loss) for the period | 9904 | -€35,313 | -€105,832 | -€70,519 | -200% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,313 | -€105,832 | -€70,519 | -200% |
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.