@LeoLogy: 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.
@LeoLogy
Largest movements
- Receivables within one year -€25,793
down €25,793 (-10.5%), from €245,678 to €219,885
of which Trade receivables: -€25,700
- Cash +€25,757
up €25,757 (+340%), from €7,585 to €33,342
mainly Receivables within one year (+€25,793) and Tax, wage and social debts (+€4,050)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€29,546
down €29,546 (-85.8%), from €34,417 to €4,871
- Staff costs -€24,336
down €24,336 (-100%), from €24,336 to €0
- Taxes -€2,497
no longer reported in 2025 (was €2,497)
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 | €2,084,663 | €2,084,627 | -€35 | 0.0% |
| Fixed assets | 21/28 | €1,830,917 | €1,830,917 | = | 0.0% |
| Financial fixed assets | 28 | €1,830,917 | €1,830,917 | = | 0.0% |
| Current assets | 29/58 | €253,745 | €253,710 | -€35 | 0.0% |
| Amounts receivable within one year | 40/41 | €245,678 | €219,885 | -€25,793 | -10.5% |
| Trade receivables | 40 | €33,263 | €7,563 | -€25,700 | -77.3% |
| Other amounts receivable | 41 | €212,415 | €212,322 | -€92 | 0.0% |
| Cash at bank and in hand | 54/58 | €7,585 | €33,342 | +€25,757 | +340% |
| Deferred charges and accrued income | 490/1 | €483 | €483 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,084,663 | €2,084,627 | -€35 | 0.0% |
| Equity | 10/15 | €78,393 | €81,026 | +€2,633 | +3.4% |
| Contributions | 10/11 | €136,550 | €136,550 | = | 0.0% |
| Reserves | 13 | €9,101 | €9,101 | = | 0.0% |
| Distributable reserves | 133 | €9,101 | €9,101 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,258 | -€64,625 | +€2,633 | +3.9% |
| Amounts payable | 17/49 | €2,006,269 | €2,003,601 | -€2,669 | -0.1% |
| Amounts payable within one year | 42/48 | €2,006,269 | €2,003,601 | -€2,669 | -0.1% |
| Trade debts | 44 | €2,910 | €1,191 | -€1,718 | -59.1% |
| Suppliers | 440/4 | €2,910 | €1,191 | -€1,718 | -59.1% |
| Taxes, remuneration and social security | 45 | €4,629 | €8,679 | +€4,050 | +87.5% |
| Taxes | 450/3 | €4,629 | €4,326 | -€304 | -6.6% |
| Remuneration and social security | 454/9 | - | €4,354 | +€4,354 | |
| Other amounts payable | 47/48 | €1,998,730 | €1,993,730 | -€5,000 | -0.3% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €24,336 | €0 | -€24,336 | -100% |
| Other operating charges | 640/8 | €1,476 | €1,508 | +€32 | +2.2% |
| Non-recurring operating charges | 66A | €73,239 | - | -€73,239 | |
| Gross operating margin | 9900 | €34,417 | €4,871 | -€29,546 | -85.8% |
| Operating profit (loss) | 9901 | -€64,635 | €3,363 | +€67,998 | |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €34 | €30 | -€4 | -10.8% |
| Recurring financial charges | 65 | €34 | €30 | -€4 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | -€64,668 | €3,348 | +€68,016 | |
| Transfer to deferred taxes | 680 | - | €715 | +€715 | |
| Income taxes | 67/77 | €2,497 | - | -€2,497 | |
| Profit (loss) for the period | 9904 | -€67,165 | €2,633 | +€69,798 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,165 | €2,633 | +€69,798 |
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 25 October 2026 via checked.be.