Leocx: 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.
Leocx
Largest movements
- Cash +€45,970
up €45,970 (+42.1%), from €109,068 to €155,038
mainly Net result for the year (+€75,011) and Depreciation (+€1,983)
- Receivables within one year +€24,263
up €24,263 (+35.4%), from €68,477 to €92,740
of which Other amounts receivable: +€23,216
- Reserves +€75,011
up €75,011 (+50.4%), from €148,912 to €223,923
- Trade debts -€3,607
down €3,607 (-100%), from €3,607 to €0
- Gross operating margin +€4,465
up €4,465 (+4.9%), from €91,891 to €96,356
- Financial income +€2,154
up €2,154 (+132%), from €1,635 to €3,789
- Taxes +€1,055
up €1,055 (+5.5%), from €19,213 to €20,268
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 | €191,311 | €261,254 | +€69,943 | +36.6% |
| Fixed assets | 21/28 | €9,850 | €7,867 | -€1,983 | -20.1% |
| Tangible fixed assets | 22/27 | €9,850 | €7,867 | -€1,983 | -20.1% |
| Furniture and vehicles | 24 | €3,962 | €2,686 | -€1,276 | -32.2% |
| Other tangible fixed assets | 26 | €5,889 | €5,181 | -€708 | -12.0% |
| Current assets | 29/58 | €181,460 | €253,387 | +€71,927 | +39.6% |
| Amounts receivable within one year | 40/41 | €68,477 | €92,740 | +€24,263 | +35.4% |
| Trade receivables | 40 | €17,647 | €18,694 | +€1,047 | +5.9% |
| Other amounts receivable | 41 | €50,830 | €74,046 | +€23,216 | +45.7% |
| Cash at bank and in hand | 54/58 | €109,068 | €155,038 | +€45,970 | +42.1% |
| Deferred charges and accrued income | 490/1 | €3,915 | €5,609 | +€1,694 | +43.3% |
| Total equity and liabilities | 10/49 | €191,311 | €261,254 | +€69,943 | +36.6% |
| Equity | 10/15 | €153,912 | €228,923 | +€75,011 | +48.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €148,912 | €223,923 | +€75,011 | +50.4% |
| Distributable reserves | 133 | €148,912 | €223,923 | +€75,011 | +50.4% |
| Amounts payable | 17/49 | €37,398 | €32,331 | -€5,068 | -13.6% |
| Amounts payable within one year | 42/48 | €37,398 | €32,331 | -€5,068 | -13.6% |
| Trade debts | 44 | €3,607 | €0 | -€3,607 | -100% |
| Suppliers | 440/4 | €3,607 | €0 | -€3,607 | -100% |
| Taxes, remuneration and social security | 45 | €33,791 | €32,331 | -€1,460 | -4.3% |
| Taxes | 450/3 | €33,791 | €32,331 | -€1,460 | -4.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,978 | €1,983 | +€5 | +0.3% |
| Other operating charges | 640/8 | €852 | €623 | -€229 | -26.9% |
| Gross operating margin | 9900 | €91,891 | €96,356 | +€4,465 | +4.9% |
| Operating profit (loss) | 9901 | €89,061 | €93,750 | +€4,689 | +5.3% |
| Financial income | 75/76B | €1,635 | €3,789 | +€2,154 | +132% |
| Recurring financial income | 75 | €1,635 | €3,789 | +€2,154 | +132% |
| Financial charges | 65/66B | €2,170 | €2,260 | +€90 | +4.1% |
| Recurring financial charges | 65 | €2,170 | €2,260 | +€90 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €88,526 | €95,279 | +€6,753 | +7.6% |
| Income taxes | 67/77 | €19,213 | €20,268 | +€1,055 | +5.5% |
| Profit (loss) for the period | 9904 | €69,313 | €75,011 | +€5,698 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,313 | €75,011 | +€5,698 | +8.2% |
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 23 October 2026 via checked.be.