LEO PLAS: 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 PLAS
Largest movements
- Cash +€507,683
up €507,683 (+759.9%), from €66,813 to €574,497
mainly Current investments (+€390,000) and Other debts (+€130,484)
- Current investments -€390,000
down €390,000 (-96.3%), from €405,186 to €15,186
- Receivables within one year +€33,818
up €33,818 (+9.5%), from €354,992 to €388,810
of which Trade receivables: +€37,705
- Tangible fixed assets -€12,899
down €12,899 (-54.4%), from €23,713 to €10,814
- Other debts +€130,484
new in 2025: €130,484
- Reserves +€15,946
up €15,946 (+2.3%), from €707,059 to €723,005
- Gross operating margin -€3,751
down €3,751 (-2.0%), from €186,083 to €182,332
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 | €857,808 | €996,553 | +€138,745 | +16.2% |
| Fixed assets | 21/28 | €29,664 | €16,765 | -€12,899 | -43.5% |
| Tangible fixed assets | 22/27 | €23,713 | €10,814 | -€12,899 | -54.4% |
| Furniture and vehicles | 24 | €23,713 | €10,814 | -€12,899 | -54.4% |
| Financial fixed assets | 28 | €5,950 | €5,950 | = | 0.0% |
| Current assets | 29/58 | €828,144 | €979,788 | +€151,644 | +18.3% |
| Amounts receivable within one year | 40/41 | €354,992 | €388,810 | +€33,818 | +9.5% |
| Trade receivables | 40 | €335,430 | €373,135 | +€37,705 | +11.2% |
| Other amounts receivable | 41 | €19,562 | €15,675 | -€3,887 | -19.9% |
| Current investments | 50/53 | €405,186 | €15,186 | -€390,000 | -96.3% |
| Cash at bank and in hand | 54/58 | €66,813 | €574,497 | +€507,683 | +759.9% |
| Deferred charges and accrued income | 490/1 | €1,153 | €1,296 | +€143 | +12.4% |
| Total equity and liabilities | 10/49 | €857,808 | €996,553 | +€138,745 | +16.2% |
| Equity | 10/15 | €795,166 | €811,115 | +€15,949 | +2.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €707,059 | €723,005 | +€15,946 | +2.3% |
| Distributable reserves | 133 | €707,059 | €723,005 | +€15,946 | +2.3% |
| Profit (loss) carried forward | 14 | €75,707 | €75,710 | +€3 | 0.0% |
| Amounts payable | 17/49 | €62,642 | €185,438 | +€122,796 | +196.0% |
| Amounts payable within one year | 42/48 | €59,423 | €183,271 | +€123,848 | +208.4% |
| Trade debts | 44 | €559 | €159 | -€399 | -71.5% |
| Suppliers | 440/4 | €559 | €159 | -€399 | -71.5% |
| Taxes, remuneration and social security | 45 | €58,864 | €52,628 | -€6,236 | -10.6% |
| Taxes | 450/3 | €58,864 | €52,628 | -€6,236 | -10.6% |
| Other amounts payable | 47/48 | - | €130,484 | +€130,484 | |
| Accrued charges and deferred income | 492/3 | €3,219 | €2,167 | -€1,052 | -32.7% |
| Non-recurring operating income | 76A | €3,000 | - | -€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,899 | €12,899 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €186,083 | €182,332 | -€3,751 | -2.0% |
| Operating profit (loss) | 9901 | €172,217 | €168,434 | -€3,782 | -2.2% |
| Financial income | 75/76B | €12,209 | €10,799 | -€1,410 | -11.5% |
| Recurring financial income | 75 | €12,209 | €10,799 | -€1,410 | -11.5% |
| Financial charges | 65/66B | €158 | €179 | +€21 | +13.0% |
| Recurring financial charges | 65 | €158 | €179 | +€21 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €184,268 | €179,055 | -€5,213 | -2.8% |
| Income taxes | 67/77 | €53,819 | €52,853 | -€967 | -1.8% |
| Profit (loss) for the period | 9904 | €130,449 | €126,203 | -€4,246 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €130,449 | €126,203 | -€4,246 | -3.3% |
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 12 October 2026 via checked.be.