LEON BUILD: 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 BUILD
Largest movements
- Cash +€59,133
up €59,133 (+1300.2%), from €4,548 to €63,681
mainly Receivables within one year (+€30,317) and Depreciation (+€26,369)
- Receivables within one year -€30,317
down €30,317 (-14.4%), from €210,054 to €179,737
of which Trade receivables: -€39,802
- Tangible fixed assets +€9,684
up €9,684 (+18.9%), from €51,335 to €61,019
- Profit (loss) carried forward +€25,690
up €25,690 (+56.7%), from €45,340 to €71,030
- Tax, wage and social debts +€17,842
up €17,842 (+131.4%), from €13,579 to €31,421
of which Taxes: +€12,184
- Other debts -€5,335
down €5,335 (-13.2%), from €40,347 to €35,012
- Gross operating margin +€77,382
up €77,382 (+109.9%), from €70,438 to €147,821
- Staff costs +€58,649
up €58,649 (+2523.1%), from €2,324 to €60,973
- Depreciation +€16,694
up €16,694 (+172.5%), from €9,675 to €26,369
- Other operating charges +€3,629
up €3,629 (+569.7%), from €637 to €4,266
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.
Cash bridge derived
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 | €266,499 | €305,172 | +€38,673 | +14.5% |
| Fixed assets | 21/28 | €51,710 | €61,318 | +€9,608 | +18.6% |
| Intangible fixed assets | 21 | €76 | - | -€76 | |
| Tangible fixed assets | 22/27 | €51,335 | €61,019 | +€9,684 | +18.9% |
| Furniture and vehicles | 24 | €51,335 | €61,019 | +€9,684 | +18.9% |
| Financial fixed assets | 28 | €299 | €299 | = | 0.0% |
| Current assets | 29/58 | €214,789 | €243,854 | +€29,065 | +13.5% |
| Amounts receivable within one year | 40/41 | €210,054 | €179,737 | -€30,317 | -14.4% |
| Trade receivables | 40 | €205,593 | €165,791 | -€39,802 | -19.4% |
| Other amounts receivable | 41 | €4,462 | €13,946 | +€9,484 | +212.6% |
| Cash at bank and in hand | 54/58 | €4,548 | €63,681 | +€59,133 | +1300.2% |
| Deferred charges and accrued income | 490/1 | €188 | €437 | +€249 | +133.0% |
| Total equity and liabilities | 10/49 | €266,499 | €305,172 | +€38,673 | +14.5% |
| Equity | 10/15 | €47,340 | €73,030 | +€25,690 | +54.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,340 | €71,030 | +€25,690 | +56.7% |
| Amounts payable | 17/49 | €219,160 | €232,142 | +€12,983 | +5.9% |
| Amounts payable within one year | 42/48 | €219,160 | €232,142 | +€12,983 | +5.9% |
| Trade debts | 44 | €165,233 | €165,709 | +€475 | +0.3% |
| Suppliers | 440/4 | €165,233 | €165,709 | +€475 | +0.3% |
| Taxes, remuneration and social security | 45 | €13,579 | €31,421 | +€17,842 | +131.4% |
| Taxes | 450/3 | €12,216 | €24,399 | +€12,184 | +99.7% |
| Remuneration and social security | 454/9 | €1,363 | €7,022 | +€5,658 | +415.0% |
| Other amounts payable | 47/48 | €40,347 | €35,012 | -€5,335 | -13.2% |
| Remuneration, social security and pensions | 62 | €2,324 | €60,973 | +€58,649 | +2523.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,675 | €26,369 | +€16,694 | +172.5% |
| Other operating charges | 640/8 | €637 | €4,266 | +€3,629 | +569.7% |
| Non-recurring operating charges | 66A | - | €18,002 | +€18,002 | |
| Gross operating margin | 9900 | €70,438 | €147,821 | +€77,382 | +109.9% |
| Operating profit (loss) | 9901 | €57,802 | €38,211 | -€19,591 | -33.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €246 | €338 | +€92 | +37.3% |
| Recurring financial charges | 65 | €46 | €90 | +€44 | +96.0% |
| Non-recurring financial charges | 66B | €200 | €248 | +€48 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | €57,556 | €37,874 | -€19,682 | -34.2% |
| Income taxes | 67/77 | €12,216 | €12,184 | -€32 | -0.3% |
| Profit (loss) for the period | 9904 | €45,340 | €25,690 | -€19,650 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,340 | €25,690 | -€19,650 | -43.3% |
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 11 October 2026 via checked.be.