Leon As.: 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.
Leon As.
Largest movements
- Tangible fixed assets +€39,744
up €39,744 (+1,884%), from €2,110 to €41,854
of which Furniture and vehicles: +€40,082
- Cash +€14,740
up €14,740 (+92.1%), from €16,006 to €30,746
mainly Debts after one year (+€23,004) and Net result for the year (+€19,683)
- Debts after one year +€23,004
new in 2025: €23,004
- Reserves +€18,012
new in 2025: €18,012
- Current portion of long-term debt +€13,834
new in 2025: €13,834
- Other debts -€11,206
down €11,206 (-65.7%), from €17,049 to €5,843
- Tax, wage and social debts +€10,550
up €10,550 (+55.4%), from €19,036 to €29,586
of which Taxes: +€5,889
- Gross operating margin +€67,867
up €67,867 (+105%), from €64,381 to €132,248
- Staff costs +€37,195
up €37,195 (+59.5%), from €62,521 to €99,715
- Taxes +€5,774
new in 2025: €5,774
- Depreciation +€4,010
up €4,010 (+437%), from €918 to €4,928
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 | €45,081 | €98,888 | +€53,807 | +119% |
| Fixed assets | 21/28 | €2,110 | €41,854 | +€39,744 | +1,884% |
| Tangible fixed assets | 22/27 | €2,110 | €41,854 | +€39,744 | +1,884% |
| Plant, machinery and equipment | 23 | €956 | €617 | -€339 | -35.4% |
| Furniture and vehicles | 24 | €1,154 | €41,237 | +€40,082 | +3,472% |
| Current assets | 29/58 | €42,971 | €57,035 | +€14,063 | +32.7% |
| Amounts receivable within one year | 40/41 | €25,651 | €25,474 | -€177 | -0.7% |
| Trade receivables | 40 | €25,651 | €25,474 | -€177 | -0.7% |
| Cash at bank and in hand | 54/58 | €16,006 | €30,746 | +€14,740 | +92.1% |
| Deferred charges and accrued income | 490/1 | €1,314 | €815 | -€500 | -38.0% |
| Total equity and liabilities | 10/49 | €45,081 | €98,888 | +€53,807 | +119% |
| Equity | 10/15 | €3,329 | €23,012 | +€19,683 | +591% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €18,012 | +€18,012 | |
| Distributable reserves | 133 | - | €18,012 | +€18,012 | |
| Profit (loss) carried forward | 14 | -€1,671 | - | +€1,671 | |
| Amounts payable | 17/49 | €41,752 | €75,876 | +€34,123 | +81.7% |
| Amounts payable after more than one year | 17 | - | €23,004 | +€23,004 | |
| Financial debts | 170/4 | - | €23,004 | +€23,004 | |
| Amounts payable within one year | 42/48 | €41,752 | €52,720 | +€10,967 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | - | €13,834 | +€13,834 | |
| Trade debts | 44 | €5,668 | €3,457 | -€2,211 | -39.0% |
| Suppliers | 440/4 | €5,668 | €3,457 | -€2,211 | -39.0% |
| Taxes, remuneration and social security | 45 | €19,036 | €29,586 | +€10,550 | +55.4% |
| Taxes | 450/3 | €9,355 | €15,245 | +€5,889 | +62.9% |
| Remuneration and social security | 454/9 | €9,680 | €14,341 | +€4,661 | +48.1% |
| Other amounts payable | 47/48 | €17,049 | €5,843 | -€11,206 | -65.7% |
| Accrued charges and deferred income | 492/3 | - | €152 | +€152 | |
| Remuneration, social security and pensions | 62 | €62,521 | €99,715 | +€37,195 | +59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €918 | €4,928 | +€4,010 | +437% |
| Other operating charges | 640/8 | €874 | €871 | -€3 | -0.3% |
| Gross operating margin | 9900 | €64,381 | €132,248 | +€67,867 | +105% |
| Operating profit (loss) | 9901 | €69 | €26,734 | +€26,665 | +38,655% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,740 | €1,276 | -€464 | -26.6% |
| Recurring financial charges | 65 | €1,740 | €1,276 | -€464 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,671 | €25,457 | +€27,128 | |
| Income taxes | 67/77 | - | €5,774 | +€5,774 | |
| Profit (loss) for the period | 9904 | -€1,671 | €19,683 | +€21,354 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,671 | €19,683 | +€21,354 |
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 27 October 2026 via checked.be.