Leirovins: 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.
Leirovins
Largest movements
- Cash +€35,941
up €35,941 (+26.9%), from €133,436 to €169,377
mainly Net result for the year (+€38,976) and Depreciation (+€27,905)
- Tangible fixed assets -€27,905
down €27,905 (-34.2%), from €81,660 to €53,755
of which Furniture and vehicles: -€22,503
- Receivables within one year +€20,938
up €20,938 (+22.9%), from €91,502 to €112,440
of which Trade receivables: +€20,938
- Stocks and contracts -€12,633
down €12,633 (-3.3%), from €383,307 to €370,674
- Reserves +€38,976
up €38,976 (+23.8%), from €164,076 to €203,052
of which Distributable reserves: +€38,976
- Debts after one year -€11,383
down €11,383 (-3.8%), from €302,431 to €291,048
- Gross operating margin -€14,614
down €14,614 (-9.6%), from €152,018 to €137,404
- Financial charges -€12,589
down €12,589 (-73.4%), from €17,140 to €4,552
- Other operating charges -€8,625
down €8,625 (-12.9%), from €66,840 to €58,215
- Depreciation +€6,391
up €6,391 (+29.7%), from €21,515 to €27,905
- Taxes -€4,548
down €4,548 (-29.8%), from €15,237 to €10,689
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 | €689,906 | €706,247 | +€16,341 | +2.4% |
| Fixed assets | 21/28 | €81,660 | €53,755 | -€27,905 | -34.2% |
| Tangible fixed assets | 22/27 | €81,660 | €53,755 | -€27,905 | -34.2% |
| Plant, machinery and equipment | 23 | €10,630 | €5,228 | -€5,402 | -50.8% |
| Furniture and vehicles | 24 | €71,030 | €48,527 | -€22,503 | -31.7% |
| Current assets | 29/58 | €608,246 | €652,492 | +€44,246 | +7.3% |
| Stocks and contracts in progress | 3 | €383,307 | €370,674 | -€12,633 | -3.3% |
| Stocks | 30/36 | €383,307 | €370,674 | -€12,633 | -3.3% |
| Amounts receivable within one year | 40/41 | €91,502 | €112,440 | +€20,938 | +22.9% |
| Trade receivables | 40 | €91,412 | €112,350 | +€20,938 | +22.9% |
| Other amounts receivable | 41 | €90 | €90 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €133,436 | €169,377 | +€35,941 | +26.9% |
| Total equity and liabilities | 10/49 | €689,906 | €706,247 | +€16,341 | +2.4% |
| Equity | 10/15 | €170,276 | €209,252 | +€38,976 | +22.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €164,076 | €203,052 | +€38,976 | +23.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €69 | €69 | = | 0.0% |
| Distributable reserves | 133 | €162,147 | €201,123 | +€38,976 | +24.0% |
| Amounts payable | 17/49 | €519,630 | €496,995 | -€22,635 | -4.4% |
| Amounts payable after more than one year | 17 | €302,431 | €291,048 | -€11,383 | -3.8% |
| Financial debts | 170/4 | €302,431 | €291,048 | -€11,383 | -3.8% |
| Amounts payable within one year | 42/48 | €216,436 | €204,560 | -€11,876 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €14,090 | €11,383 | -€2,708 | -19.2% |
| Trade debts | 44 | €183,390 | €176,997 | -€6,393 | -3.5% |
| Suppliers | 440/4 | €170,600 | €176,997 | +€6,397 | +3.7% |
| Bills of exchange payable | 441 | €12,790 | - | -€12,790 | |
| Taxes, remuneration and social security | 45 | €16,437 | €15,844 | -€593 | -3.6% |
| Taxes | 450/3 | €16,437 | €15,844 | -€593 | -3.6% |
| Other amounts payable | 47/48 | €2,518 | €336 | -€2,182 | -86.6% |
| Accrued charges and deferred income | 492/3 | €763 | €1,387 | +€624 | +81.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,515 | €27,905 | +€6,391 | +29.7% |
| Other operating charges | 640/8 | €66,840 | €58,215 | -€8,625 | -12.9% |
| Gross operating margin | 9900 | €152,018 | €137,404 | -€14,614 | -9.6% |
| Operating profit (loss) | 9901 | €63,663 | €51,284 | -€12,379 | -19.4% |
| Financial income | 75/76B | €36 | €2,933 | +€2,896 | +7963.0% |
| Recurring financial income | 75 | €36 | €2,933 | +€2,896 | +7963.0% |
| Financial charges | 65/66B | €17,140 | €4,552 | -€12,589 | -73.4% |
| Recurring financial charges | 65 | €17,140 | €4,552 | -€12,589 | -73.4% |
| Profit (loss) for the period before taxes | 9903 | €46,559 | €49,665 | +€3,106 | +6.7% |
| Income taxes | 67/77 | €15,237 | €10,689 | -€4,548 | -29.8% |
| Profit (loss) for the period | 9904 | €31,322 | €38,976 | +€7,653 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,322 | €38,976 | +€7,653 | +24.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.