Skip to content

Leomart: 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.

What changed

Leomart

BE 0449.637.560
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€40,527
2023 · €7,871+€32,656
Equity
€147,655
2023 · €107,128+€40,527
Cash
€6,370
2023 · €1,516+€4,854
Balance sheet total
€248,864
2023 · €205,919+€42,945

Largest movements

2023 to 2024
Assets
  • Stocks and contracts +€240,255

    new in 2024: €240,255

  • Tangible fixed assets -€202,276

    down €202,276 (-99.7%), from €202,922 to €646

    of which Land and buildings: -€201,064

  • Cash +€4,854

    up €4,854 (+320.3%), from €1,516 to €6,370

    mainly Investment in fixed assets (net) (+€201,564) and Debts after one year (+€47,455)

Equity and liabilities
  • Other debts -€47,811

    down €47,811 (-100.0%), from €47,811 to €0

  • Debts after one year +€47,455

    up €47,455 (+118.6%), from €40,008 to €87,463

    of which Other amounts payable: +€87,463

  • Profit (loss) carried forward +€40,527

    up €40,527 (+141.4%), from €28,668 to €69,195

  • Trade debts +€11,228

    up €11,228 (+446.0%), from €2,518 to €13,745

  • Current portion of long-term debt -€8,454

    down €8,454 (-100.0%), from €8,454 to €0

Income statement
  • Depreciation -€19,319

    down €19,319 (-94.1%), from €20,531 to €1,212

  • Gross operating margin +€19,185

    up €19,185 (+53.2%), from €36,075 to €55,260

  • Financial charges +€5,163

    up €5,163 (+209.5%), from €2,464 to €7,627

  • Other operating charges +€686

    up €686 (+13.2%), from €5,209 to €5,895

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €7,871
Gross operating margin +€19,185
Depreciation +€19,319
Other operating charges -€686
Financial income -€0
Financial charges -€5,163
Result 2024 €40,527

Cash bridge derived

cash 2023 to 2024

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.

From operations -€235,616
Investment +€201,470
Financing +€39,001
Cash 2023 €1,516
Net result for the year +€40,527
Depreciation +€1,212
Stocks and contracts -€240,255
Receivables within one year -€1,498
Deferred charges and accrued income +€981
Trade debts +€11,228
Other debts -€47,811
Investment in fixed assets (net) +€201,564
Current investments -€94
Debts after one year +€47,455
Current portion of long-term debt -€8,454
Cash 2024 €6,370
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €205,919 €248,864 +€42,945 +20.9%
Fixed assets 21/28 €203,422 €646 -€202,776 -99.7%
Tangible fixed assets 22/27 €202,922 €646 -€202,276 -99.7%
Land and buildings 22 €201,064 €0 -€201,064 -100.0%
Plant, machinery and equipment 23 €1,858 €646 -€1,212 -65.2%
Financial fixed assets 28 €500 €0 -€500 -100.0%
Current assets 29/58 €2,497 €248,218 +€245,721 +9842.1%
Stocks and contracts in progress 3 - €240,255 +€240,255
Stocks 30/36 - €240,255 +€240,255
Amounts receivable within one year 40/41 - €1,498 +€1,498
Trade receivables 40 - €1,498 +€1,498
Current investments 50/53 - €94 +€94
Cash at bank and in hand 54/58 €1,516 €6,370 +€4,854 +320.3%
Deferred charges and accrued income 490/1 €981 €0 -€981 -100.0%
Total equity and liabilities 10/49 €205,919 €248,864 +€42,945 +20.9%
Equity 10/15 €107,128 €147,655 +€40,527 +37.8%
Contributions 10/11 €78,460 €78,460 = 0.0%
Profit (loss) carried forward 14 €28,668 €69,195 +€40,527 +141.4%
Amounts payable 17/49 €98,791 €101,209 +€2,418 +2.4%
Amounts payable after more than one year 17 €40,008 €87,463 +€47,455 +118.6%
Financial debts 170/4 €40,008 €0 -€40,008 -100.0%
Other amounts payable 178/9 - €87,463 +€87,463
Amounts payable within one year 42/48 €58,783 €13,745 -€45,037 -76.6%
Current portion of amounts payable after more than one year 42 €8,454 €0 -€8,454 -100.0%
Trade debts 44 €2,518 €13,745 +€11,228 +446.0%
Suppliers 440/4 €2,518 €13,745 +€11,228 +446.0%
Other amounts payable 47/48 €47,811 €0 -€47,811 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €20,531 €1,212 -€19,319 -94.1%
Other operating charges 640/8 €5,209 €5,895 +€686 +13.2%
Gross operating margin 9900 €36,075 €55,260 +€19,185 +53.2%
Operating profit (loss) 9901 €10,335 €48,154 +€37,819 +365.9%
Financial income 75/76B €0 €0 -€0 -3.8%
Recurring financial income 75 €0 €0 -€0 -3.8%
Financial charges 65/66B €2,464 €7,627 +€5,163 +209.5%
Recurring financial charges 65 €2,464 €7,627 +€5,163 +209.5%
Profit (loss) for the period before taxes 9903 €7,871 €40,527 +€32,656 +414.9%
Profit (loss) for the period 9904 €7,871 €40,527 +€32,656 +414.9%
Profit (loss) for the period to be appropriated 9905 €7,871 €40,527 +€32,656 +414.9%

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 29 September 2026 via checked.be.