LéoLex: 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.
LéoLex
Largest movements
- Cash -€48,438
down €48,438 (-45.3%), from €107,042 to €58,604
mainly Contributions, distributions and other (-€100,833) and Current portion of long-term debt (-€49,000)
- Receivables within one year -€5,055
down €5,055 (-7.1%), from €71,696 to €66,641
of which Trade receivables: -€61,509
- Other debts +€100,322
up €100,322 (+11,679%), from €859 to €101,181
- Reserves -€63,000
down €63,000 (-40.6%), from €155,000 to €92,000
- Current portion of long-term debt -€49,000
down €49,000 (-83.0%), from €59,072 to €10,072
- Tax, wage and social debts -€40,519
down €40,519 (-62.4%), from €64,982 to €24,463
- Gross operating margin -€3,082
down €3,082 (-5.4%), from €57,010 to €53,928
- Taxes -€1,541
down €1,541 (-10.2%), from €15,076 to €13,535
- Financial income -€1,485
down €1,485 (-95.1%), from €1,562 to €77
- Depreciation -€730
down €730 (-26.7%), from €2,736 to €2,006
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 | €283,262 | €231,516 | -€51,745 | -18.3% |
| Formation expenses | 20 | €1,155 | €752 | -€402 | -34.8% |
| Fixed assets | 21/28 | €102,098 | €103,794 | +€1,696 | +1.7% |
| Tangible fixed assets | 22/27 | €1,427 | €3,123 | +€1,696 | +119% |
| Furniture and vehicles | 24 | €1,427 | €3,123 | +€1,696 | +119% |
| Financial fixed assets | 28 | €100,672 | €100,672 | = | 0.0% |
| Current assets | 29/58 | €180,009 | €126,970 | -€53,039 | -29.5% |
| Amounts receivable within one year | 40/41 | €71,696 | €66,641 | -€5,055 | -7.1% |
| Trade receivables | 40 | €71,582 | €10,073 | -€61,509 | -85.9% |
| Other amounts receivable | 41 | €114 | €56,568 | +€56,454 | +49,356% |
| Cash at bank and in hand | 54/58 | €107,042 | €58,604 | -€48,438 | -45.3% |
| Deferred charges and accrued income | 490/1 | €1,270 | €1,724 | +€454 | +35.8% |
| Total equity and liabilities | 10/49 | €283,262 | €231,516 | -€51,745 | -18.3% |
| Equity | 10/15 | €158,035 | €95,039 | -€62,996 | -39.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €155,000 | €92,000 | -€63,000 | -40.6% |
| Distributable reserves | 133 | €155,000 | €92,000 | -€63,000 | -40.6% |
| Profit (loss) carried forward | 14 | €35 | €39 | +€4 | +11.4% |
| Amounts payable | 17/49 | €125,226 | €136,477 | +€11,251 | +9.0% |
| Amounts payable within one year | 42/48 | €125,226 | €136,477 | +€11,251 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €59,072 | €10,072 | -€49,000 | -83.0% |
| Trade debts | 44 | €313 | €761 | +€448 | +143% |
| Suppliers | 440/4 | €313 | €761 | +€448 | +143% |
| Taxes, remuneration and social security | 45 | €64,982 | €24,463 | -€40,519 | -62.4% |
| Taxes | 450/3 | €64,982 | €24,463 | -€40,519 | -62.4% |
| Other amounts payable | 47/48 | €859 | €101,181 | +€100,322 | +11,679% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,736 | €2,006 | -€730 | -26.7% |
| Other operating charges | 640/8 | €178 | €583 | +€405 | +227% |
| Gross operating margin | 9900 | €57,010 | €53,928 | -€3,082 | -5.4% |
| Operating profit (loss) | 9901 | €54,096 | €51,339 | -€2,757 | -5.1% |
| Financial income | 75/76B | €1,562 | €77 | -€1,485 | -95.1% |
| Recurring financial income | 75 | €1,562 | €77 | -€1,485 | -95.1% |
| Financial charges | 65/66B | €42 | €43 | +€2 | +4.4% |
| Recurring financial charges | 65 | €42 | €43 | +€2 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €55,616 | €51,372 | -€4,244 | -7.6% |
| Income taxes | 67/77 | €15,076 | €13,535 | -€1,541 | -10.2% |
| Profit (loss) for the period | 9904 | €40,539 | €37,837 | -€2,702 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,539 | €37,837 | -€2,702 | -6.7% |
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 18 October 2026 via checked.be.