LEO-MANAGEMENT: 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-MANAGEMENT
Largest movements
- Tangible fixed assets +€262,162
new in 2022: €262,162
- Cash +€7,045
up €7,045 (+1,028%), from €685 to €7,731
mainly Debts after one year (+€232,105) and Net result for the year (+€28,932)
- Debts after one year +€232,105
up €232,105 (+200%), from €116,284 to €348,389
of which Financial debts: +€217,139
- Equity +€28,932
up €28,932 (+12.1%), from €239,280 to €268,212
of which Contributions: +€30,000
- Debts within one year +€14,421
up €14,421 (+65.8%), from €21,919 to €36,340
of which Current portion of long-term debt: +€31,828
- Financial income +€30,000
new in 2022: €30,000
- Gross operating margin +€7,736
up €7,736, from -€73 to €7,663
- Depreciation +€4,045
new in 2022: €4,045
- Financial charges +€3,527
new in 2022: €3,527
- Other operating charges +€1,159
new in 2022: €1,159
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €377,484 | €652,941 | +€275,458 | +73.0% |
| Fixed assets | 21/28 | €375,115 | €637,277 | +€262,162 | +69.9% |
| Tangible fixed assets | 22/27 | - | €262,162 | +€262,162 | |
| Land and buildings | 22 | - | €262,162 | +€262,162 | |
| Financial fixed assets | 28 | €375,115 | €375,115 | = | 0.0% |
| Current assets | 29/58 | €2,369 | €15,664 | +€13,295 | +561% |
| Amounts receivable within one year | 40/41 | €1,683 | €7,933 | +€6,250 | +371% |
| Other amounts receivable | 41 | - | €7,933 | +€7,933 | |
| Cash at bank and in hand | 54/58 | €685 | €7,731 | +€7,045 | +1,028% |
| Total equity and liabilities | 10/49 | €377,484 | €652,941 | +€275,458 | +73.0% |
| Equity | 10/15 | €239,280 | €268,212 | +€28,932 | +12.1% |
| Contributions | 10/11 | - | €30,000 | +€30,000 | |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €3,000 | +€3,000 | |
| Reserves not available under the articles | 1311 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €206,280 | €235,212 | +€28,932 | +14.0% |
| Amounts payable | 17/49 | €138,203 | €384,729 | +€246,526 | +178% |
| Amounts payable after more than one year | 17 | €116,284 | €348,389 | +€232,105 | +200% |
| Financial debts | 170/4 | - | €217,139 | +€217,139 | |
| Other amounts payable | 178/9 | - | €131,250 | +€131,250 | |
| Amounts payable within one year | 42/48 | €21,919 | €36,340 | +€14,421 | +65.8% |
| Current portion of amounts payable after more than one year | 42 | - | €31,828 | +€31,828 | |
| Taxes, remuneration and social security | 45 | - | €90 | +€90 | |
| Remuneration and social security | 454/9 | - | €90 | +€90 | |
| Other amounts payable | 47/48 | - | €4,422 | +€4,422 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,045 | +€4,045 | |
| Other operating charges | 640/8 | - | €1,159 | +€1,159 | |
| Gross operating margin | 9900 | -€73 | €7,663 | +€7,736 | |
| Operating profit (loss) | 9901 | -€73 | €2,458 | +€2,531 | |
| Financial income | 75/76B | - | €30,000 | +€30,000 | |
| Recurring financial income | 75 | €60,000 | €30,000 | -€30,000 | -50.0% |
| Financial charges | 65/66B | - | €3,527 | +€3,527 | |
| Recurring financial charges | 65 | €2,589 | €3,527 | +€938 | +36.2% |
| Profit (loss) for the period before taxes | 9903 | €57,338 | €28,932 | -€28,406 | -49.5% |
| Profit (loss) for the period | 9904 | €57,338 | €28,932 | -€28,406 | -49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,338 | €28,932 | -€28,406 | -49.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2021 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.