Leitz - Service: 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.
What changed
Leitz - Service
NACE 46.620, Wholesale of machine tools
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€157,219
2024 · €140,660-€297,879
Equity
€3.9m
2024 · €4.1m-€157,219
Cash
€848,745
2024 · €526,487+€322,259
Balance sheet total
€5.2m
2024 · €5.2m-€48,832
Largest movements
Assets
- Cash +€322,259
up €322,259 (+61.2%), from €526,487 to €848,745
mainly Depreciation (+€299,982) and Receivables within one year (+€239,045)
- Receivables within one year -€239,045
down €239,045 (-7.4%), from €3.2m to €3.0m
of which Other amounts receivable: -€411,398
- Tangible fixed assets -€219,036
down €219,036 (-21.1%), from €1.0m to €820,499
of which Plant, machinery and equipment: -€186,505
- Stocks and contracts +€98,462
up €98,462 (+23.6%), from €416,704 to €515,166
Equity and liabilities
- Tax, wage and social debts +€180,210
up €180,210 (+30.5%), from €589,935 to €770,145
of which Taxes: +€144,363
- Profit (loss) carried forward -€157,219
new in 2025: -€157,219
- Trade debts -€141,850
down €141,850 (-25.2%), from €562,297 to €420,447
- Accrued charges and deferred income +€70,027
new in 2025: €70,027
Income statement
- Turnover -€470,687
down €470,687 (-4.3%), from €11.0m to €10.5m
- Staff costs +€219,682
up €219,682 (+6.3%), from €3.5m to €3.7m
- Goods and materials -€211,146
down €211,146 (-4.0%), from €5.3m to €5.1m
of which Purchases: -€127,140
- Services and other goods +€170,121
up €170,121 (+10.5%), from €1.6m to €1.8m
- Other operating income +€150,689
up €150,689 (+171%), from €87,932 to €238,621
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.
Result 2024
€140,660
Turnover
-€470,687
Other operating income
+€150,689
Goods and materials
+€211,146
Services and other goods
-€170,121
Staff costs
-€219,682
Depreciation
-€1,308
Write-downs
+€122,950
Other operating charges
-€10,211
Other operating items
+€2,167
Financial income
+€6,662
Financial charges
+€1,283
Taxes
+€79,232
Result 2025
-€157,219
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€403,206
Investment
-€80,947
Financing
€0
Cash 2024
€526,487
From operations (derived)
+€403,206
Net result for the year
-€157,219
Depreciation
+€299,982
Stocks and contracts
-€98,462
Receivables within one year
+€239,045
Deferred charges and accrued income
+€11,472
Trade debts
-€141,850
Tax, wage and social debts
+€180,210
Accrued charges and deferred income
+€70,027
Investment (derived)
-€80,947
Investment in fixed assets (net)
-€80,947
Cash 2025
€848,745
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,237,683 | €5,188,851 | -€48,832 | -0.9% |
| Fixed assets | 21/28 | €1,042,587 | €823,551 | -€219,036 | -21.0% |
| Tangible fixed assets | 22/27 | €1,039,535 | €820,499 | -€219,036 | -21.1% |
| Land and buildings | 22 | €228,049 | €216,139 | -€11,911 | -5.2% |
| Plant, machinery and equipment | 23 | €773,756 | €587,251 | -€186,505 | -24.1% |
| Furniture and vehicles | 24 | €37,729 | €17,110 | -€20,620 | -54.7% |
| Financial fixed assets | 28 | €3,052 | €3,052 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,052 | €3,052 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,052 | €3,052 | = | 0.0% |
| Current assets | 29/58 | €4,195,095 | €4,365,299 | +€170,204 | +4.1% |
| Stocks and contracts in progress | 3 | €416,704 | €515,166 | +€98,462 | +23.6% |
| Stocks | 30/36 | €416,704 | €515,166 | +€98,462 | +23.6% |
| Raw materials and consumables | 30/31 | €30,325 | €21,523 | -€8,802 | -29.0% |
| Goods purchased for resale | 34 | €386,379 | €493,643 | +€107,264 | +27.8% |
| Amounts receivable within one year | 40/41 | €3,226,317 | €2,987,272 | -€239,045 | -7.4% |
| Trade receivables | 40 | €1,914,463 | €2,086,816 | +€172,353 | +9.0% |
| Other amounts receivable | 41 | €1,311,854 | €900,456 | -€411,398 | -31.4% |
| Cash at bank and in hand | 54/58 | €526,487 | €848,745 | +€322,259 | +61.2% |
| Deferred charges and accrued income | 490/1 | €25,588 | €14,116 | -€11,472 | -44.8% |
| Total equity and liabilities | 10/49 | €5,237,683 | €5,188,851 | -€48,832 | -0.9% |
| Equity | 10/15 | €4,085,450 | €3,928,230 | -€157,219 | -3.8% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Capital | 10 | €210,000 | €210,000 | = | 0.0% |
| Issued capital | 100 | €210,000 | €210,000 | = | 0.0% |
| Revaluation surpluses | 12 | €23,353 | €23,353 | = | 0.0% |
| Reserves | 13 | €3,852,096 | €3,852,096 | = | 0.0% |
| Non-distributable reserves | 130/1 | €80,271 | €80,271 | = | 0.0% |
| Legal reserve | 130 | €21,000 | €21,000 | = | 0.0% |
| Other | 1319 | €59,271 | €59,271 | = | 0.0% |
| Tax-exempt reserves | 132 | €40,168 | €40,168 | = | 0.0% |
| Distributable reserves | 133 | €3,731,658 | €3,731,658 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€157,219 | -€157,219 | |
| Amounts payable | 17/49 | €1,152,233 | €1,260,620 | +€108,387 | +9.4% |
| Amounts payable within one year | 42/48 | €1,152,233 | €1,190,593 | +€38,360 | +3.3% |
| Trade debts | 44 | €562,297 | €420,447 | -€141,850 | -25.2% |
| Suppliers | 440/4 | €562,297 | €420,447 | -€141,850 | -25.2% |
| Taxes, remuneration and social security | 45 | €589,935 | €770,145 | +€180,210 | +30.5% |
| Taxes | 450/3 | €134,099 | €278,462 | +€144,363 | +108% |
| Remuneration and social security | 454/9 | €455,837 | €491,684 | +€35,847 | +7.9% |
| Accrued charges and deferred income | 492/3 | - | €70,027 | +€70,027 | |
| Operating income | 70/76A | €11,052,376 | €10,734,545 | -€317,830 | -2.9% |
| Turnover | 70 | €10,963,276 | €10,492,588 | -€470,687 | -4.3% |
| Other operating income | 74 | €87,932 | €238,621 | +€150,689 | +171% |
| Non-recurring operating income | 76A | €1,168 | €3,335 | +€2,167 | +186% |
| Operating charges | 60/66A | €10,820,071 | €10,887,298 | +€67,226 | +0.6% |
| Goods for resale, raw materials and consumables | 60 | €5,317,072 | €5,105,926 | -€211,146 | -4.0% |
| Purchases | 600/8 | €5,259,528 | €5,132,388 | -€127,140 | -2.4% |
| Change in stocks: decrease (increase) | 609 | €57,544 | -€26,462 | -€84,006 | |
| Services and other goods | 61 | €1,624,411 | €1,794,532 | +€170,121 | +10.5% |
| Remuneration, social security and pensions | 62 | €3,471,777 | €3,691,460 | +€219,682 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298,675 | €299,982 | +€1,308 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,011 | -€93,939 | -€122,950 | |
| Other operating charges | 640/8 | €79,125 | €89,337 | +€10,211 | +12.9% |
| Operating profit (loss) | 9901 | €232,304 | -€152,752 | -€385,056 | |
| Financial income | 75/76B | €18,507 | €25,169 | +€6,662 | +36.0% |
| Recurring financial income | 75 | €18,507 | €25,169 | +€6,662 | +36.0% |
| Income from current assets | 751 | €18,479 | €24,394 | +€5,915 | +32.0% |
| Other financial income | 752/9 | €28 | €775 | +€747 | +2,683% |
| Financial charges | 65/66B | €22,895 | €21,612 | -€1,283 | -5.6% |
| Recurring financial charges | 65 | €18,371 | €21,612 | +€3,241 | +17.6% |
| Debt charges | 650 | €9,156 | €11,464 | +€2,309 | +25.2% |
| Other financial charges | 652/9 | €9,216 | €10,147 | +€932 | +10.1% |
| Non-recurring financial charges | 66B | €4,524 | - | -€4,524 | |
| Profit (loss) for the period before taxes | 9903 | €227,916 | -€149,195 | -€377,111 | |
| Income taxes | 67/77 | €87,256 | €8,024 | -€79,232 | -90.8% |
| Taxes | 670/3 | €87,256 | €8,024 | -€79,232 | -90.8% |
| Profit (loss) for the period | 9904 | €140,660 | -€157,219 | -€297,879 | |
| Profit (loss) for the period to be appropriated | 9905 | €140,660 | -€157,219 | -€297,879 |
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.