LEISURE PROPERTIES: 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.
LEISURE PROPERTIES
Largest movements
- Tangible fixed assets +€726,034
up €726,034 (+63.1%), from €1.2m to €1.9m
of which Land and buildings: +€731,226
- Receivables within one year -€217,217
down €217,217 (-93.9%), from €231,412 to €14,195
of which Other amounts receivable: -€216,264
- Cash -€60,647
down €60,647 (-98.0%), from €61,867 to €1,220
mainly Investment in fixed assets (net) (-€797,785) and Tax, wage and social debts (-€132,437)
- Current investments -€36,112
down €36,112 (-72.2%), from €50,000 to €13,888
- Other debts +€359,812
up €359,812 (+130%), from €276,651 to €636,463
- Debts after one year +€285,274
up €285,274 (+63.4%), from €450,000 to €735,274
- Tax, wage and social debts -€132,437
down €132,437 (-96.6%), from €137,094 to €4,657
- Profit (loss) carried forward -€128,999
down €128,999, from €124,235 to -€4,764
- Current portion of long-term debt +€46,819
up €46,819 (+10.4%), from €450,000 to €496,819
- Depreciation +€45,625
up €45,625 (+175%), from €26,126 to €71,751
- Financial charges +€45,195
up €45,195 (+231%), from €19,544 to €64,738
of which Financial charges: +€45,212
- Gross operating margin +€7,042
up €7,042 (+170%), from €4,140 to €11,182
- Other operating charges -€2,948
down €2,948 (-44.4%), from €6,641 to €3,693
- Financial income -€1,511
down €1,511 (-99.9%), from €1,512 to €1
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 | €1,493,322 | €1,905,379 | +€412,057 | +27.6% |
| Fixed assets | 21/28 | €1,150,043 | €1,876,077 | +€726,034 | +63.1% |
| Tangible fixed assets | 22/27 | €1,150,043 | €1,876,077 | +€726,034 | +63.1% |
| Land and buildings | 22 | €1,132,526 | €1,863,752 | +€731,226 | +64.6% |
| Plant, machinery and equipment | 23 | €6,739 | €5,685 | -€1,055 | -15.6% |
| Furniture and vehicles | 24 | €10,777 | €6,640 | -€4,137 | -38.4% |
| Current assets | 29/58 | €343,279 | €29,302 | -€313,976 | -91.5% |
| Amounts receivable within one year | 40/41 | €231,412 | €14,195 | -€217,217 | -93.9% |
| Trade receivables | 40 | €7,291 | €6,338 | -€953 | -13.1% |
| Other amounts receivable | 41 | €224,121 | €7,857 | -€216,264 | -96.5% |
| Current investments | 50/53 | €50,000 | €13,888 | -€36,112 | -72.2% |
| Cash at bank and in hand | 54/58 | €61,867 | €1,220 | -€60,647 | -98.0% |
| Total equity and liabilities | 10/49 | €1,493,322 | €1,905,379 | +€412,057 | +27.6% |
| Equity | 10/15 | €159,235 | €30,236 | -€128,999 | -81.0% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,235 | -€4,764 | -€128,999 | |
| Amounts payable | 17/49 | €1,334,087 | €1,875,143 | +€541,056 | +40.6% |
| Amounts payable after more than one year | 17 | €450,000 | €735,274 | +€285,274 | +63.4% |
| Financial debts | 170/4 | €450,000 | €735,274 | +€285,274 | +63.4% |
| Amounts payable within one year | 42/48 | €884,087 | €1,139,869 | +€255,782 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €450,000 | €496,819 | +€46,819 | +10.4% |
| Trade debts | 44 | €20,341 | €1,930 | -€18,412 | -90.5% |
| Suppliers | 440/4 | €20,341 | €1,930 | -€18,412 | -90.5% |
| Taxes, remuneration and social security | 45 | €137,094 | €4,657 | -€132,437 | -96.6% |
| Taxes | 450/3 | €137,094 | €4,657 | -€132,437 | -96.6% |
| Other amounts payable | 47/48 | €276,651 | €636,463 | +€359,812 | +130% |
| Non-recurring operating income | 76A | €41,039 | - | -€41,039 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,126 | €71,751 | +€45,625 | +175% |
| Other operating charges | 640/8 | €6,641 | €3,693 | -€2,948 | -44.4% |
| Gross operating margin | 9900 | €4,140 | €11,182 | +€7,042 | +170% |
| Operating profit (loss) | 9901 | -€28,627 | -€64,262 | -€35,635 | -124% |
| Financial income | 75/76B | €1,512 | €1 | -€1,511 | -99.9% |
| Recurring financial income | 75 | €1,512 | €1 | -€1,511 | -99.9% |
| Financial charges | 65/66B | €19,544 | €64,738 | +€45,195 | +231% |
| Recurring financial charges | 65 | €19,527 | €64,738 | +€45,212 | +232% |
| Non-recurring financial charges | 66B | €17 | - | -€17 | |
| Profit (loss) for the period before taxes | 9903 | -€46,659 | -€128,999 | -€82,340 | -176% |
| Profit (loss) for the period | 9904 | -€46,659 | -€128,999 | -€82,340 | -176% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,659 | -€128,999 | -€82,340 | -176% |
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 24 October 2026 via checked.be.