LEKO: 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.
LEKO
Largest movements
- Tangible fixed assets +€37,808
up €37,808 (+122.2%), from €30,932 to €68,740
of which Other tangible fixed assets: +€29,360
- Cash +€13,393
up €13,393 (+34.5%), from €38,808 to €52,201
mainly Net result for the year (+€33,118) and Debts after one year (+€31,483)
- Receivables within one year -€4,830
down €4,830 (-8.9%), from €54,201 to €49,372
of which Trade receivables: -€12,849
- Reserves +€33,118
new in 2024: €33,118
- Debts after one year +€31,483
new in 2024: €31,483
- Other debts -€20,420
no longer reported in 2024 (was €20,420)
- Trade debts +€10,600
up €10,600 (+25.8%), from €41,162 to €51,762
- Tax, wage and social debts -€4,264
down €4,264 (-24.0%), from €17,740 to €13,477
of which Taxes: -€5,508
- Gross operating margin +€77,188
up €77,188, from -€14,531 to €62,657
- Taxes +€9,129
new in 2024: €9,129
- Depreciation +€4,806
up €4,806 (+67.9%), from €7,077 to €11,883
- Other operating charges +€3,095
up €3,095 (+250.6%), from €1,235 to €4,329
- Financial charges +€2,801
up €2,801 (+197.7%), from €1,417 to €4,218
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,008 | €170,404 | +€46,396 | +37.4% |
| Fixed assets | 21/28 | €30,932 | €68,740 | +€37,808 | +122.2% |
| Tangible fixed assets | 22/27 | €30,932 | €68,740 | +€37,808 | +122.2% |
| Land and buildings | 22 | €2,910 | €2,819 | -€91 | -3.1% |
| Furniture and vehicles | 24 | €378 | €8,918 | +€8,540 | +2259.6% |
| Other tangible fixed assets | 26 | €27,644 | €57,004 | +€29,360 | +106.2% |
| Current assets | 29/58 | €93,076 | €101,664 | +€8,588 | +9.2% |
| Amounts receivable within one year | 40/41 | €54,201 | €49,372 | -€4,830 | -8.9% |
| Trade receivables | 40 | €54,201 | €41,352 | -€12,849 | -23.7% |
| Other amounts receivable | 41 | - | €8,020 | +€8,020 | |
| Cash at bank and in hand | 54/58 | €38,808 | €52,201 | +€13,393 | +34.5% |
| Deferred charges and accrued income | 490/1 | €67 | €91 | +€24 | +36.6% |
| Total equity and liabilities | 10/49 | €124,008 | €170,404 | +€46,396 | +37.4% |
| Equity | 10/15 | €20,076 | €53,194 | +€33,118 | +165.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €33,118 | +€33,118 | |
| Distributable reserves | 133 | - | €33,118 | +€33,118 | |
| Profit (loss) carried forward | 14 | €1,476 | €1,476 | = | 0.0% |
| Amounts payable | 17/49 | €103,933 | €117,211 | +€13,278 | +12.8% |
| Amounts payable after more than one year | 17 | - | €31,483 | +€31,483 | |
| Financial debts | 170/4 | - | €31,483 | +€31,483 | |
| Amounts payable within one year | 42/48 | €92,933 | €74,728 | -€18,205 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €13,610 | €9,490 | -€4,121 | -30.3% |
| Trade debts | 44 | €41,162 | €51,762 | +€10,600 | +25.8% |
| Suppliers | 440/4 | €41,162 | €51,762 | +€10,600 | +25.8% |
| Taxes, remuneration and social security | 45 | €17,740 | €13,477 | -€4,264 | -24.0% |
| Taxes | 450/3 | €17,740 | €12,232 | -€5,508 | -31.1% |
| Remuneration and social security | 454/9 | - | €1,245 | +€1,245 | |
| Other amounts payable | 47/48 | €20,420 | - | -€20,420 | |
| Accrued charges and deferred income | 492/3 | €11,000 | €11,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,077 | €11,883 | +€4,806 | +67.9% |
| Other operating charges | 640/8 | €1,235 | €4,329 | +€3,095 | +250.6% |
| Gross operating margin | 9900 | -€14,531 | €62,657 | +€77,188 | |
| Operating profit (loss) | 9901 | -€22,843 | €46,445 | +€69,288 | |
| Financial income | 75/76B | €54 | €20 | -€34 | -62.7% |
| Recurring financial income | 75 | €54 | €20 | -€34 | -62.7% |
| Financial charges | 65/66B | €1,417 | €4,218 | +€2,801 | +197.7% |
| Recurring financial charges | 65 | €1,417 | €4,218 | +€2,801 | +197.7% |
| Profit (loss) for the period before taxes | 9903 | -€24,206 | €42,247 | +€66,453 | |
| Income taxes | 67/77 | - | €9,129 | +€9,129 | |
| Profit (loss) for the period | 9904 | -€24,206 | €33,118 | +€57,324 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,206 | €33,118 | +€57,324 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.