LeoMatrix Projects: 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.
LeoMatrix Projects
Largest movements
- Tangible fixed assets +€19,651
new in 2024: €19,651
of which Leasing and similar rights: +€18,509
- Receivables within one year +€7,352
up €7,352 (+89.0%), from €8,256 to €15,608
of which Trade receivables: +€12,247
- Deferred charges and accrued income +€1,910
new in 2024: €1,910
- Cash +€867
up €867 (+638%), from €136 to €1,003
mainly Other debts (+€10,255) and Debts after one year (+€9,427)
- Other debts +€10,255
new in 2024: €10,255
- Debts after one year +€9,427
new in 2024: €9,427
- Trade debts +€8,278
up €8,278 (+2,803%), from €295 to €8,574
- Current portion of long-term debt +€2,115
new in 2024: €2,115
- Profit (loss) carried forward -€402
new in 2024: -€402
- Gross operating margin -€4,335
down €4,335 (-68.1%), from €6,364 to €2,030
- Taxes -€1,431
down €1,431 (-93.1%), from €1,536 to €105
- Depreciation +€1,370
new in 2024: €1,370
- Financial charges +€252
up €252 (+607%), from €41 to €293
- Other operating charges +€235
up €235 (+54.8%), from €428 to €663
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.
Derived cash bridge
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 | €8,392 | €38,171 | +€29,779 | +355% |
| Fixed assets | 21/28 | - | €19,651 | +€19,651 | |
| Tangible fixed assets | 22/27 | - | €19,651 | +€19,651 | |
| Furniture and vehicles | 24 | - | €1,142 | +€1,142 | |
| Leasing and similar rights | 25 | - | €18,509 | +€18,509 | |
| Current assets | 29/58 | €8,392 | €18,521 | +€10,129 | +121% |
| Amounts receivable within one year | 40/41 | €8,256 | €15,608 | +€7,352 | +89.0% |
| Trade receivables | 40 | €494 | €12,741 | +€12,247 | +2,480% |
| Other amounts receivable | 41 | €7,762 | €2,867 | -€4,895 | -63.1% |
| Cash at bank and in hand | 54/58 | €136 | €1,003 | +€867 | +638% |
| Deferred charges and accrued income | 490/1 | - | €1,910 | +€1,910 | |
| Total equity and liabilities | 10/49 | €8,392 | €38,171 | +€29,779 | +355% |
| Equity | 10/15 | €6,518 | €6,116 | -€402 | -6.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,518 | €4,518 | = | 0.0% |
| Distributable reserves | 133 | €4,518 | €4,518 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€402 | -€402 | |
| Amounts payable | 17/49 | €1,874 | €32,056 | +€30,181 | +1,610% |
| Amounts payable after more than one year | 17 | - | €9,427 | +€9,427 | |
| Financial debts | 170/4 | - | €9,427 | +€9,427 | |
| Amounts payable within one year | 42/48 | €1,874 | €22,628 | +€20,754 | +1,107% |
| Current portion of amounts payable after more than one year | 42 | - | €2,115 | +€2,115 | |
| Trade debts | 44 | €295 | €8,574 | +€8,278 | +2,803% |
| Suppliers | 440/4 | €295 | €8,574 | +€8,278 | +2,803% |
| Taxes, remuneration and social security | 45 | €1,579 | €1,684 | +€105 | +6.7% |
| Taxes | 450/3 | €1,579 | €1,684 | +€105 | +6.7% |
| Other amounts payable | 47/48 | - | €10,255 | +€10,255 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,370 | +€1,370 | |
| Other operating charges | 640/8 | €428 | €663 | +€235 | +54.8% |
| Gross operating margin | 9900 | €6,364 | €2,030 | -€4,335 | -68.1% |
| Operating profit (loss) | 9901 | €5,936 | -€3 | -€5,939 | |
| Financial income | 75/76B | €159 | - | -€159 | |
| Recurring financial income | 75 | €159 | - | -€159 | |
| Financial charges | 65/66B | €41 | €293 | +€252 | +607% |
| Recurring financial charges | 65 | €41 | €293 | +€252 | +607% |
| Profit (loss) for the period before taxes | 9903 | €6,054 | -€297 | -€6,351 | |
| Income taxes | 67/77 | €1,536 | €105 | -€1,431 | -93.1% |
| Profit (loss) for the period | 9904 | €4,518 | -€402 | -€4,920 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,518 | -€402 | -€4,920 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.