LEOHEMA: 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.
LEOHEMA
Largest movements
- Cash +€70,888
up €70,888 (+62.1%), from €114,087 to €184,976
mainly Net result for the year (+€171,782) and Other debts (+€43,622)
- Receivables within one year +€10,702
up €10,702 (+426.4%), from €2,510 to €13,213
of which Trade receivables: +€10,702
- Other debts +€43,622
up €43,622 (+288.9%), from €15,100 to €58,722
- Short-term financial debts +€16,463
up €16,463 (+128.2%), from €12,847 to €29,310
- Tax, wage and social debts +€16,271
up €16,271 (+102.1%), from €15,937 to €32,208
of which Taxes: +€9,169
- Accrued charges and deferred income +€3,577
up €3,577 (+373.9%), from €957 to €4,534
- Trade debts -€2,786
down €2,786 (-10.0%), from €27,743 to €24,957
- Gross operating margin -€29,775
down €29,775 (-9.4%), from €315,481 to €285,705
- Taxes -€7,998
down €7,998 (-12.2%), from €65,793 to €57,795
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 | €148,258 | €226,188 | +€77,930 | +52.6% |
| Fixed assets | 21/28 | €19,624 | €17,429 | -€2,195 | -11.2% |
| Tangible fixed assets | 22/27 | €15,624 | €13,429 | -€2,195 | -14.0% |
| Land and buildings | 22 | €15,527 | €13,429 | -€2,098 | -13.5% |
| Plant, machinery and equipment | 23 | €97 | €0 | -€97 | -100.0% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €128,634 | €208,758 | +€80,124 | +62.3% |
| Stocks and contracts in progress | 3 | €11,854 | €9,756 | -€2,098 | -17.7% |
| Stocks | 30/36 | €11,854 | €9,756 | -€2,098 | -17.7% |
| Amounts receivable within one year | 40/41 | €2,510 | €13,213 | +€10,702 | +426.4% |
| Trade receivables | 40 | €2,510 | €13,213 | +€10,702 | +426.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €114,087 | €184,976 | +€70,888 | +62.1% |
| Deferred charges and accrued income | 490/1 | €182 | €814 | +€632 | +346.4% |
| Total equity and liabilities | 10/49 | €148,258 | €226,188 | +€77,930 | +52.6% |
| Equity | 10/15 | €75,675 | €76,457 | +€782 | +1.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €63,275 | €64,057 | +€782 | +1.2% |
| Tax-exempt reserves | 132 | €159 | €159 | = | 0.0% |
| Distributable reserves | 133 | €63,116 | €63,899 | +€782 | +1.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €72,583 | €149,730 | +€77,147 | +106.3% |
| Amounts payable within one year | 42/48 | €71,626 | €145,197 | +€73,570 | +102.7% |
| Financial debts | 43 | €12,847 | €29,310 | +€16,463 | +128.2% |
| Credit institutions | 430/8 | €12,847 | €29,310 | +€16,463 | +128.2% |
| Trade debts | 44 | €27,743 | €24,957 | -€2,786 | -10.0% |
| Suppliers | 440/4 | €27,743 | €24,957 | -€2,786 | -10.0% |
| Taxes, remuneration and social security | 45 | €15,937 | €32,208 | +€16,271 | +102.1% |
| Taxes | 450/3 | €12,657 | €21,827 | +€9,169 | +72.4% |
| Remuneration and social security | 454/9 | €3,280 | €10,382 | +€7,102 | +216.5% |
| Other amounts payable | 47/48 | €15,100 | €58,722 | +€43,622 | +288.9% |
| Accrued charges and deferred income | 492/3 | €957 | €4,534 | +€3,577 | +373.9% |
| Remuneration, social security and pensions | 62 | €44,549 | €47,265 | +€2,716 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,170 | €2,195 | -€975 | -30.8% |
| Other operating charges | 640/8 | €832 | €798 | -€34 | -4.1% |
| Gross operating margin | 9900 | €315,481 | €285,705 | -€29,775 | -9.4% |
| Operating profit (loss) | 9901 | €266,930 | €235,447 | -€31,482 | -11.8% |
| Financial income | 75/76B | €281 | €51 | -€230 | -81.8% |
| Recurring financial income | 75 | €281 | €51 | -€230 | -81.8% |
| Financial charges | 65/66B | €5,153 | €5,921 | +€768 | +14.9% |
| Recurring financial charges | 65 | €5,153 | €5,921 | +€768 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €262,058 | €229,577 | -€32,481 | -12.4% |
| Income taxes | 67/77 | €65,793 | €57,795 | -€7,998 | -12.2% |
| Profit (loss) for the period | 9904 | €196,265 | €171,782 | -€24,482 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €196,265 | €171,782 | -€24,482 | -12.5% |
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 8 October 2026 via checked.be.