LeoLegno: 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.
LeoLegno
Largest movements
- Stocks and contracts +€67,773
up €67,773 (+37.3%), from €181,466 to €249,239
- Receivables within one year +€65,287
up €65,287 (+206%), from €31,630 to €96,917
of which Trade receivables: +€65,762
- Cash +€16,983
up €16,983 (+170%), from €9,976 to €26,959
mainly Trade debts (+€38,227) and Net result for the year (+€31,605)
- Trade debts +€38,227
up €38,227 (+154%), from €24,801 to €63,028
- Profit (loss) carried forward +€31,605
up €31,605 (+33.0%), from €95,808 to €127,413
- Debts after one year +€26,669
up €26,669 (+79.9%), from €33,385 to €60,054
- Other debts +€23,650
up €23,650 (+9.0%), from €263,950 to €287,600
- Advances received +€15,784
new in 2025: €15,784
- Other operating charges -€13,850
down €13,850 (-54.4%), from €25,449 to €11,599
- Staff costs -€9,817
down €9,817 (-26.5%), from €37,106 to €27,289
- Gross operating margin -€7,723
down €7,723 (-6.2%), from €124,359 to €116,636
- Depreciation +€3,729
up €3,729 (+15.0%), from €24,791 to €28,520
- Taxes +€2,897
up €2,897 (+24.3%), from €11,922 to €14,819
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 | €720,942 | €877,976 | +€157,034 | +21.8% |
| Fixed assets | 21/28 | €497,870 | €504,861 | +€6,991 | +1.4% |
| Tangible fixed assets | 22/27 | €497,870 | €504,861 | +€6,991 | +1.4% |
| Land and buildings | 22 | €469,444 | €483,775 | +€14,331 | +3.1% |
| Plant, machinery and equipment | 23 | - | €606 | +€606 | |
| Furniture and vehicles | 24 | €28,426 | €20,480 | -€7,946 | -28.0% |
| Current assets | 29/58 | €223,072 | €373,115 | +€150,043 | +67.3% |
| Stocks and contracts in progress | 3 | €181,466 | €249,239 | +€67,773 | +37.3% |
| Stocks | 30/36 | €181,466 | €249,239 | +€67,773 | +37.3% |
| Amounts receivable within one year | 40/41 | €31,630 | €96,917 | +€65,287 | +206% |
| Trade receivables | 40 | €23,852 | €89,614 | +€65,762 | +276% |
| Other amounts receivable | 41 | €7,778 | €7,303 | -€475 | -6.1% |
| Cash at bank and in hand | 54/58 | €9,976 | €26,959 | +€16,983 | +170% |
| Total equity and liabilities | 10/49 | €720,942 | €877,976 | +€157,034 | +21.8% |
| Equity | 10/15 | €368,808 | €400,413 | +€31,605 | +8.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Revaluation surpluses | 12 | €240,000 | €240,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,808 | €127,413 | +€31,605 | +33.0% |
| Amounts payable | 17/49 | €352,134 | €477,563 | +€125,429 | +35.6% |
| Amounts payable after more than one year | 17 | €33,385 | €60,054 | +€26,669 | +79.9% |
| Financial debts | 170/4 | €33,385 | €60,054 | +€26,669 | +79.9% |
| Amounts payable within one year | 42/48 | €315,599 | €417,509 | +€101,910 | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €10,321 | €19,570 | +€9,249 | +89.6% |
| Trade debts | 44 | €24,801 | €63,028 | +€38,227 | +154% |
| Suppliers | 440/4 | €24,801 | €63,028 | +€38,227 | +154% |
| Advances received on contracts in progress | 46 | - | €15,784 | +€15,784 | |
| Taxes, remuneration and social security | 45 | €16,527 | €31,527 | +€15,000 | +90.8% |
| Taxes | 450/3 | €12,013 | €15,067 | +€3,054 | +25.4% |
| Remuneration and social security | 454/9 | €4,514 | €16,460 | +€11,946 | +265% |
| Other amounts payable | 47/48 | €263,950 | €287,600 | +€23,650 | +9.0% |
| Accrued charges and deferred income | 492/3 | €3,150 | - | -€3,150 | |
| Remuneration, social security and pensions | 62 | €37,106 | €27,289 | -€9,817 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,791 | €28,520 | +€3,729 | +15.0% |
| Other operating charges | 640/8 | €25,449 | €11,599 | -€13,850 | -54.4% |
| Gross operating margin | 9900 | €124,359 | €116,636 | -€7,723 | -6.2% |
| Operating profit (loss) | 9901 | €37,013 | €49,228 | +€12,215 | +33.0% |
| Financial income | 75/76B | €80 | €4 | -€76 | -95.0% |
| Recurring financial income | 75 | €80 | €4 | -€76 | -95.0% |
| Financial charges | 65/66B | €1,683 | €2,808 | +€1,125 | +66.8% |
| Recurring financial charges | 65 | €1,683 | €2,655 | +€972 | +57.8% |
| Non-recurring financial charges | 66B | - | €153 | +€153 | |
| Profit (loss) for the period before taxes | 9903 | €35,410 | €46,424 | +€11,014 | +31.1% |
| Income taxes | 67/77 | €11,922 | €14,819 | +€2,897 | +24.3% |
| Profit (loss) for the period | 9904 | €23,488 | €31,605 | +€8,117 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,488 | €31,605 | +€8,117 | +34.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.