LEODIS: 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.
LEODIS
Largest movements
- Tangible fixed assets -€26,576
down €26,576 (-12.8%), from €206,840 to €180,264
of which Plant, machinery and equipment: -€26,259
- Deferred charges and accrued income +€14,468
up €14,468 (+139.8%), from €10,351 to €24,819
- Receivables within one year +€11,351
up €11,351 (+177.6%), from €6,391 to €17,742
of which Other amounts receivable: +€9,106
- Trade debts -€60,654
down €60,654 (-34.2%), from €177,498 to €116,844
- Profit (loss) carried forward +€31,782
up €31,782 (+37.7%), from -€84,194 to -€52,412
- Current portion of long-term debt +€30,628
up €30,628 (+94.7%), from €32,350 to €62,978
- Debts after one year -€9,981
down €9,981 (-8.9%), from €112,234 to €102,253
- Other debts +€3,100
up €3,100 (+12399.0%), from €25 to €3,125
- Gross operating margin +€23,136
up €23,136 (+11.0%), from €210,759 to €233,895
- Staff costs +€8,205
up €8,205 (+5.3%), from €154,246 to €162,451
- Other operating charges -€5,914
down €5,914 (-95.2%), from €6,214 to €300
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 | €308,660 | €306,339 | -€2,321 | -0.8% |
| Formation expenses | 20 | €5,246 | €4,571 | -€675 | -12.9% |
| Fixed assets | 21/28 | €206,840 | €180,264 | -€26,576 | -12.8% |
| Tangible fixed assets | 22/27 | €206,840 | €180,264 | -€26,576 | -12.8% |
| Plant, machinery and equipment | 23 | €205,919 | €179,660 | -€26,259 | -12.8% |
| Furniture and vehicles | 24 | €921 | €604 | -€317 | -34.4% |
| Current assets | 29/58 | €96,574 | €121,504 | +€24,930 | +25.8% |
| Stocks and contracts in progress | 3 | €50,576 | €48,529 | -€2,047 | -4.0% |
| Stocks | 30/36 | €50,576 | €48,529 | -€2,047 | -4.0% |
| Amounts receivable within one year | 40/41 | €6,391 | €17,742 | +€11,351 | +177.6% |
| Trade receivables | 40 | €3,152 | €5,397 | +€2,245 | +71.2% |
| Other amounts receivable | 41 | €3,239 | €12,345 | +€9,106 | +281.1% |
| Cash at bank and in hand | 54/58 | €29,256 | €30,414 | +€1,158 | +4.0% |
| Deferred charges and accrued income | 490/1 | €10,351 | €24,819 | +€14,468 | +139.8% |
| Total equity and liabilities | 10/49 | €308,660 | €306,339 | -€2,321 | -0.8% |
| Equity | 10/15 | -€34,194 | -€2,412 | +€31,782 | +92.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €50,000 | +€50,000 | |
| Other | 1109/19 | - | €50,000 | +€50,000 | |
| Profit (loss) carried forward | 14 | -€84,194 | -€52,412 | +€31,782 | +37.7% |
| Amounts payable | 17/49 | €342,854 | €308,751 | -€34,103 | -9.9% |
| Amounts payable after more than one year | 17 | €112,234 | €102,253 | -€9,981 | -8.9% |
| Financial debts | 170/4 | €112,234 | €102,253 | -€9,981 | -8.9% |
| Amounts payable within one year | 42/48 | €223,709 | €198,300 | -€25,409 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €32,350 | €62,978 | +€30,628 | +94.7% |
| Trade debts | 44 | €177,498 | €116,844 | -€60,654 | -34.2% |
| Suppliers | 440/4 | €177,498 | €116,844 | -€60,654 | -34.2% |
| Taxes, remuneration and social security | 45 | €13,836 | €15,354 | +€1,518 | +11.0% |
| Taxes | 450/3 | €282 | €327 | +€45 | +16.0% |
| Remuneration and social security | 454/9 | €13,554 | €15,027 | +€1,473 | +10.9% |
| Other amounts payable | 47/48 | €25 | €3,125 | +€3,100 | +12399.0% |
| Accrued charges and deferred income | 492/3 | €6,911 | €8,197 | +€1,286 | +18.6% |
| Remuneration, social security and pensions | 62 | €154,246 | €162,451 | +€8,205 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,402 | €28,421 | +€19 | +0.1% |
| Other operating charges | 640/8 | €6,214 | €300 | -€5,914 | -95.2% |
| Non-recurring operating charges | 66A | €75 | - | -€75 | |
| Gross operating margin | 9900 | €210,759 | €233,895 | +€23,136 | +11.0% |
| Operating profit (loss) | 9901 | €21,822 | €42,722 | +€20,900 | +95.8% |
| Financial income | 75/76B | €244 | €823 | +€579 | +237.5% |
| Recurring financial income | 75 | €244 | €823 | +€579 | +237.5% |
| Financial charges | 65/66B | €11,088 | €11,763 | +€675 | +6.1% |
| Recurring financial charges | 65 | €11,088 | €11,763 | +€675 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €10,978 | €31,782 | +€20,804 | +189.5% |
| Profit (loss) for the period | 9904 | €10,978 | €31,782 | +€20,804 | +189.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,978 | €31,782 | +€20,804 | +189.5% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.