LEIEOEVER: what changed
Two fiscal 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.
LEIEOEVER
Largest movements
- Cash +€20,769
up €20,769 (+48.5%), from €42,805 to €63,574
mainly Depreciation (+€30,410) and Trade debts (+€15,156)
- Tangible fixed assets -€12,479
down €12,479 (-3.9%), from €323,459 to €310,980
of which Land and buildings: -€7,063
- Receivables within one year +€6,351
new in 2025: €6,351
- Debts after one year -€17,427
down €17,427 (-6.2%), from €281,877 to €264,451
- Trade debts +€15,156
up €15,156 (+1944.9%), from €779 to €15,935
- Reserves +€7,971
up €7,971 (+36.0%), from €22,120 to €30,091
- Other debts +€7,018
up €7,018 (+15.7%), from €44,747 to €51,765
- Gross operating margin -€5,436
down €5,436 (-9.7%), from €55,913 to €50,477
- Financial charges -€1,370
down €1,370 (-13.7%), from €10,012 to €8,642
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 | €398,056 | €410,029 | +€11,972 | +3.0% |
| Formation expenses | 20 | €30,617 | €27,931 | -€2,686 | -8.8% |
| Fixed assets | 21/28 | €323,459 | €310,980 | -€12,479 | -3.9% |
| Tangible fixed assets | 22/27 | €323,459 | €310,980 | -€12,479 | -3.9% |
| Land and buildings | 22 | €123,378 | €116,315 | -€7,063 | -5.7% |
| Plant, machinery and equipment | 23 | €200,081 | €194,665 | -€5,416 | -2.7% |
| Current assets | 29/58 | €43,980 | €71,117 | +€27,137 | +61.7% |
| Amounts receivable within one year | 40/41 | - | €6,351 | +€6,351 | |
| Other amounts receivable | 41 | - | €6,351 | +€6,351 | |
| Cash at bank and in hand | 54/58 | €42,805 | €63,574 | +€20,769 | +48.5% |
| Deferred charges and accrued income | 490/1 | €1,174 | €1,192 | +€17 | +1.5% |
| Total equity and liabilities | 10/49 | €398,056 | €410,029 | +€11,972 | +3.0% |
| Equity | 10/15 | €52,130 | €60,101 | +€7,971 | +15.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €22,120 | €30,091 | +€7,971 | +36.0% |
| Distributable reserves | 133 | €22,120 | €30,091 | +€7,971 | +36.0% |
| Profit (loss) carried forward | 14 | €10 | €10 | = | 0.0% |
| Amounts payable | 17/49 | €345,926 | €349,927 | +€4,001 | +1.2% |
| Amounts payable after more than one year | 17 | €281,877 | €264,451 | -€17,427 | -6.2% |
| Financial debts | 170/4 | €281,877 | €264,451 | -€17,427 | -6.2% |
| Amounts payable within one year | 42/48 | €64,049 | €85,127 | +€21,078 | +32.9% |
| Current portion of amounts payable after more than one year | 42 | €17,121 | €17,427 | +€306 | +1.8% |
| Trade debts | 44 | €779 | €15,935 | +€15,156 | +1944.9% |
| Suppliers | 440/4 | €779 | €15,935 | +€15,156 | +1944.9% |
| Taxes, remuneration and social security | 45 | €1,402 | €0 | -€1,402 | -100.0% |
| Taxes | 450/3 | €1,402 | €0 | -€1,402 | -100.0% |
| Other amounts payable | 47/48 | €44,747 | €51,765 | +€7,018 | +15.7% |
| Accrued charges and deferred income | 492/3 | - | €350 | +€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,654 | €30,410 | -€244 | -0.8% |
| Other operating charges | 640/8 | €1,270 | €1,310 | +€39 | +3.1% |
| Gross operating margin | 9900 | €55,913 | €50,477 | -€5,436 | -9.7% |
| Operating profit (loss) | 9901 | €23,988 | €18,757 | -€5,231 | -21.8% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €10,012 | €8,642 | -€1,370 | -13.7% |
| Recurring financial charges | 65 | €10,012 | €8,642 | -€1,370 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €13,976 | €10,120 | -€3,856 | -27.6% |
| Income taxes | 67/77 | €2,402 | €2,149 | -€253 | -10.5% |
| Profit (loss) for the period | 9904 | €11,574 | €7,971 | -€3,602 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,574 | €7,971 | -€3,602 | -31.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.