Leo Consult: 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.
Leo Consult
Largest movements
- Cash +€17,261
up €17,261 (+45.3%), from €38,063 to €55,324
mainly Other debts (+€100,000) and Net result for the year (+€23,867)
- Tangible fixed assets +€17,096
up €17,096 (+63.6%), from €26,867 to €43,963
of which Other tangible fixed assets: +€17,817
- Receivables within one year -€6,232
down €6,232 (-32.1%), from €19,439 to €13,207
of which Trade receivables: -€13,987
- Other debts +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€76,133
down €76,133 (-92.9%), from €81,941 to €5,809
- Tax, wage and social debts +€4,911
up €4,911 (+339%), from €1,449 to €6,360
- Depreciation +€4,129
up €4,129 (+253%), from €1,629 to €5,758
- Gross operating margin -€1,549
down €1,549 (-4.0%), from €38,653 to €37,103
- Taxes -€1,081
down €1,081 (-14.7%), from €7,347 to €6,265
- Other operating charges +€400
new in 2025: €400
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 | €91,058 | €119,879 | +€28,820 | +31.7% |
| Fixed assets | 21/28 | €26,867 | €43,963 | +€17,096 | +63.6% |
| Tangible fixed assets | 22/27 | €26,867 | €43,963 | +€17,096 | +63.6% |
| Furniture and vehicles | 24 | €4,292 | €3,571 | -€721 | -16.8% |
| Other tangible fixed assets | 26 | €22,575 | €40,392 | +€17,817 | +78.9% |
| Current assets | 29/58 | €64,192 | €75,916 | +€11,724 | +18.3% |
| Stocks and contracts in progress | 3 | €5,799 | €6,496 | +€697 | +12.0% |
| Stocks | 30/36 | €5,799 | €6,496 | +€697 | +12.0% |
| Amounts receivable within one year | 40/41 | €19,439 | €13,207 | -€6,232 | -32.1% |
| Trade receivables | 40 | €14,157 | €170 | -€13,987 | -98.8% |
| Other amounts receivable | 41 | €5,282 | €13,037 | +€7,755 | +147% |
| Cash at bank and in hand | 54/58 | €38,063 | €55,324 | +€17,261 | +45.3% |
| Deferred charges and accrued income | 490/1 | €891 | €890 | -€1 | -0.1% |
| Total equity and liabilities | 10/49 | €91,058 | €119,879 | +€28,820 | +31.7% |
| Equity | 10/15 | €84,441 | €8,309 | -€76,133 | -90.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,941 | €5,809 | -€76,133 | -92.9% |
| Amounts payable | 17/49 | €6,617 | €111,570 | +€104,953 | +1,586% |
| Amounts payable within one year | 42/48 | €1,449 | €106,530 | +€105,081 | +7,250% |
| Financial debts | 43 | - | €170 | +€170 | |
| Credit institutions | 430/8 | - | €170 | +€170 | |
| Taxes, remuneration and social security | 45 | €1,449 | €6,360 | +€4,911 | +339% |
| Taxes | 450/3 | €1,449 | €6,360 | +€4,911 | +339% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €5,168 | €5,040 | -€128 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,629 | €5,758 | +€4,129 | +253% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €38,653 | €37,103 | -€1,549 | -4.0% |
| Operating profit (loss) | 9901 | €37,024 | €30,946 | -€6,078 | -16.4% |
| Financial income | 75/76B | €113 | €328 | +€215 | +189% |
| Recurring financial income | 75 | €113 | €328 | +€215 | +189% |
| Financial charges | 65/66B | €1,383 | €1,142 | -€242 | -17.5% |
| Recurring financial charges | 65 | €1,383 | €1,142 | -€242 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €35,754 | €30,132 | -€5,621 | -15.7% |
| Income taxes | 67/77 | €7,347 | €6,265 | -€1,081 | -14.7% |
| Profit (loss) for the period | 9904 | €28,407 | €23,867 | -€4,540 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,407 | €23,867 | -€4,540 | -16.0% |
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 17 October 2026 via checked.be.