LEKO CONSULT: 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 CONSULT
Largest movements
- Receivables within one year -€34,826
down €34,826 (-48.4%), from €71,969 to €37,142
of which Other amounts receivable: -€36,029
- Tangible fixed assets -€14,715
down €14,715 (-3.4%), from €435,585 to €420,870
of which Land and buildings: -€8,957
- Cash -€8,221
down €8,221 (-7.3%), from €113,307 to €105,086
mainly Contributions, distributions and other (-€165,975) and Debts after one year (-€10,000)
- Reserves -€78,082
down €78,082 (-24.0%), from €325,341 to €247,258
of which Distributable reserves: -€78,082
- Other debts +€30,825
up €30,825, from €0 to €30,825
- Debts after one year -€10,000
down €10,000 (-2.8%), from €353,429 to €343,429
- Tax, wage and social debts -€7,657
down €7,657 (-48.0%), from €15,961 to €8,304
- Gross operating margin +€38,377
up €38,377 (+35.9%), from €106,917 to €145,293
- Depreciation -€12,612
down €12,612 (-44.9%), from €28,075 to €15,463
- Taxes +€9,189
up €9,189 (+49.3%), from €18,655 to €27,844
- Financial income +€5,779
up €5,779 (+120.8%), from €4,782 to €10,561
- Other operating charges -€3,888
down €3,888 (-29.3%), from €13,265 to €9,377
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 | €705,544 | €646,481 | -€59,063 | -8.4% |
| Fixed assets | 21/28 | €435,595 | €420,880 | -€14,715 | -3.4% |
| Tangible fixed assets | 22/27 | €435,585 | €420,870 | -€14,715 | -3.4% |
| Land and buildings | 22 | €408,176 | €399,218 | -€8,957 | -2.2% |
| Furniture and vehicles | 24 | €4,328 | €3,206 | -€1,123 | -25.9% |
| Other tangible fixed assets | 26 | €23,081 | €18,446 | -€4,634 | -20.1% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €269,950 | €225,601 | -€44,348 | -16.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €71,969 | €37,142 | -€34,826 | -48.4% |
| Trade receivables | 40 | €35,013 | €36,216 | +€1,203 | +3.4% |
| Other amounts receivable | 41 | €36,956 | €927 | -€36,029 | -97.5% |
| Current investments | 50/53 | €81,384 | €82,413 | +€1,029 | +1.3% |
| Cash at bank and in hand | 54/58 | €113,307 | €105,086 | -€8,221 | -7.3% |
| Deferred charges and accrued income | 490/1 | €3,290 | €960 | -€2,330 | -70.8% |
| Total equity and liabilities | 10/49 | €705,544 | €646,481 | -€59,063 | -8.4% |
| Equity | 10/15 | €325,441 | €247,358 | -€78,082 | -24.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €325,341 | €247,258 | -€78,082 | -24.0% |
| Tax-exempt reserves | 132 | €7,200 | €7,200 | = | 0.0% |
| Distributable reserves | 133 | €318,141 | €240,058 | -€78,082 | -24.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €380,104 | €399,123 | +€19,020 | +5.0% |
| Amounts payable after more than one year | 17 | €353,429 | €343,429 | -€10,000 | -2.8% |
| Financial debts | 170/4 | €353,429 | €343,429 | -€10,000 | -2.8% |
| Amounts payable within one year | 42/48 | €26,675 | €55,694 | +€29,020 | +108.8% |
| Current portion of amounts payable after more than one year | 42 | €9,687 | €10,000 | +€314 | +3.2% |
| Trade debts | 44 | €1,027 | €6,565 | +€5,538 | +539.0% |
| Suppliers | 440/4 | €1,027 | €6,565 | +€5,538 | +539.0% |
| Taxes, remuneration and social security | 45 | €15,961 | €8,304 | -€7,657 | -48.0% |
| Taxes | 450/3 | €15,961 | €8,304 | -€7,657 | -48.0% |
| Other amounts payable | 47/48 | €0 | €30,825 | +€30,825 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,075 | €15,463 | -€12,612 | -44.9% |
| Other operating charges | 640/8 | €13,265 | €9,377 | -€3,888 | -29.3% |
| Gross operating margin | 9900 | €106,917 | €145,293 | +€38,377 | +35.9% |
| Operating profit (loss) | 9901 | €65,576 | €120,453 | +€54,877 | +83.7% |
| Financial income | 75/76B | €4,782 | €10,561 | +€5,779 | +120.8% |
| Recurring financial income | 75 | €4,782 | €10,561 | +€5,779 | +120.8% |
| Financial charges | 65/66B | €13,499 | €15,277 | +€1,778 | +13.2% |
| Recurring financial charges | 65 | €13,499 | €15,277 | +€1,778 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €56,859 | €115,737 | +€58,878 | +103.6% |
| Income taxes | 67/77 | €18,655 | €27,844 | +€9,189 | +49.3% |
| Profit (loss) for the period | 9904 | €38,204 | €87,893 | +€49,689 | +130.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,204 | €87,893 | +€49,689 | +130.1% |
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 6 October 2026 via checked.be.