LEOMAR: 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.
LEOMAR
Largest movements
- Cash +€111,523
up €111,523 (+975.7%), from €11,431 to €122,954
mainly Other debts (+€100,190) and Net result for the year (+€29,679)
- Current investments +€21,196
up €21,196 (+9.3%), from €227,034 to €248,230
- Other debts +€100,190
up €100,190 (+116.2%), from €86,224 to €186,414
- Reserves +€29,679
up €29,679 (+20.0%), from €148,175 to €177,854
- Financial income +€29,923
up €29,923 (+91.8%), from €32,592 to €62,515
- Gross operating margin +€15,881
up €15,881 (+78.3%), from -€20,285 to -€4,404
- Taxes +€2,918
up €2,918 (+630.2%), from €463 to €3,382
- Depreciation -€2,801
down €2,801 (-11.4%), from €24,605 to €21,804
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,451,327 | €1,584,152 | +€132,824 | +9.2% |
| Fixed assets | 21/28 | €1,202,888 | €1,193,015 | -€9,873 | -0.8% |
| Tangible fixed assets | 22/27 | €136,222 | €126,349 | -€9,873 | -7.2% |
| Land and buildings | 22 | €85,954 | €89,797 | +€3,843 | +4.5% |
| Plant, machinery and equipment | 23 | €28,718 | €24,685 | -€4,033 | -14.0% |
| Furniture and vehicles | 24 | €21,550 | €11,867 | -€9,683 | -44.9% |
| Financial fixed assets | 28 | €1,066,666 | €1,066,666 | = | 0.0% |
| Current assets | 29/58 | €248,440 | €391,137 | +€142,697 | +57.4% |
| Amounts receivable within one year | 40/41 | €8,988 | €17,675 | +€8,687 | +96.7% |
| Trade receivables | 40 | - | €17,675 | +€17,675 | |
| Other amounts receivable | 41 | €8,988 | - | -€8,988 | |
| Current investments | 50/53 | €227,034 | €248,230 | +€21,196 | +9.3% |
| Cash at bank and in hand | 54/58 | €11,431 | €122,954 | +€111,523 | +975.7% |
| Deferred charges and accrued income | 490/1 | €987 | €2,278 | +€1,291 | +130.8% |
| Total equity and liabilities | 10/49 | €1,451,327 | €1,584,152 | +€132,824 | +9.2% |
| Equity | 10/15 | €1,364,841 | €1,394,520 | +€29,679 | +2.2% |
| Contributions | 10/11 | €1,216,666 | €1,216,666 | = | 0.0% |
| Reserves | 13 | €148,175 | €177,854 | +€29,679 | +20.0% |
| Distributable reserves | 133 | €148,175 | €177,854 | +€29,679 | +20.0% |
| Amounts payable | 17/49 | €86,487 | €189,632 | +€103,145 | +119.3% |
| Amounts payable within one year | 42/48 | €86,487 | €189,632 | +€103,145 | +119.3% |
| Trade debts | 44 | €263 | €547 | +€284 | +108.0% |
| Suppliers | 440/4 | €263 | €547 | +€284 | +108.0% |
| Taxes, remuneration and social security | 45 | - | €2,671 | +€2,671 | |
| Taxes | 450/3 | - | €2,671 | +€2,671 | |
| Other amounts payable | 47/48 | €86,224 | €186,414 | +€100,190 | +116.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,605 | €21,804 | -€2,801 | -11.4% |
| Other operating charges | 640/8 | €3,183 | €3,246 | +€63 | +2.0% |
| Gross operating margin | 9900 | -€20,285 | -€4,404 | +€15,881 | +78.3% |
| Operating profit (loss) | 9901 | -€48,073 | -€29,454 | +€18,619 | +38.7% |
| Financial income | 75/76B | €32,592 | €62,515 | +€29,923 | +91.8% |
| Recurring financial income | 75 | €32,592 | €62,515 | +€29,923 | +91.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,481 | €33,061 | +€48,542 | |
| Income taxes | 67/77 | €463 | €3,382 | +€2,918 | +630.2% |
| Profit (loss) for the period | 9904 | -€15,944 | €29,679 | +€45,624 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,944 | €29,679 | +€45,624 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.