LEODICUM: 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.
LEODICUM
Largest movements
- Cash +€1,965
up €1,965 (+315.6%), from €622 to €2,587
mainly Net result for the year (+€2,034) and Receivables within one year (+€1,924)
- Receivables within one year -€1,924
down €1,924 (-84.1%), from €2,287 to €363
of which Trade receivables: -€1,924
- Formation expenses -€711
down €711 (-57.1%), from €1,246 to €535
- Deferred charges and accrued income +€138
new in 2025: €138
- Profit (loss) carried forward +€2,034
up €2,034 (+54.4%), from -€3,736 to -€1,702
- Trade debts -€2,015
down €2,015 (-74.7%), from €2,697 to €682
of which Suppliers: -€2,315
- Advances received -€750
down €750 (-100.0%), from €750 to €0
- Tax, wage and social debts +€198
up €198 (+44.6%), from €445 to €643
- Gross operating margin +€5,470
up €5,470, from -€2,147 to €3,323
- Other operating charges -€400
down €400 (-58.5%), from €683 to €284
- Taxes +€200
new in 2025: €200
- Depreciation -€176
down €176 (-19.9%), from €887 to €711
- Financial charges +€79
up €79 (+424.9%), from €19 to €97
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 | €4,156 | €3,623 | -€533 | -12.8% |
| Formation expenses | 20 | €1,246 | €535 | -€711 | -57.1% |
| Current assets | 29/58 | €2,910 | €3,088 | +€178 | +6.1% |
| Amounts receivable within one year | 40/41 | €2,287 | €363 | -€1,924 | -84.1% |
| Trade receivables | 40 | €2,287 | €363 | -€1,924 | -84.1% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €622 | €2,587 | +€1,965 | +315.6% |
| Deferred charges and accrued income | 490/1 | - | €138 | +€138 | |
| Total equity and liabilities | 10/49 | €4,156 | €3,623 | -€533 | -12.8% |
| Equity | 10/15 | €264 | €2,298 | +€2,034 | +771.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,736 | -€1,702 | +€2,034 | +54.4% |
| Amounts payable | 17/49 | €3,892 | €1,325 | -€2,567 | -66.0% |
| Amounts payable within one year | 42/48 | €3,892 | €1,325 | -€2,567 | -66.0% |
| Trade debts | 44 | €2,697 | €682 | -€2,015 | -74.7% |
| Suppliers | 440/4 | €2,697 | €382 | -€2,315 | -85.8% |
| Bills of exchange payable | 441 | - | €300 | +€300 | |
| Advances received on contracts in progress | 46 | €750 | €0 | -€750 | -100.0% |
| Taxes, remuneration and social security | 45 | €445 | €643 | +€198 | +44.6% |
| Taxes | 450/3 | €445 | €643 | +€198 | +44.6% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €887 | €711 | -€176 | -19.9% |
| Other operating charges | 640/8 | €683 | €284 | -€400 | -58.5% |
| Gross operating margin | 9900 | -€2,147 | €3,323 | +€5,470 | |
| Operating profit (loss) | 9901 | -€3,718 | €2,328 | +€6,046 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €19 | €97 | +€79 | +424.9% |
| Recurring financial charges | 65 | €19 | €97 | +€79 | +424.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,736 | €2,234 | +€5,970 | |
| Income taxes | 67/77 | - | €200 | +€200 | |
| Profit (loss) for the period | 9904 | -€3,736 | €2,034 | +€5,770 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,736 | €2,034 | +€5,770 |
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 29 September 2026 via checked.be.