LEON & G: 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 & G
Largest movements
- Receivables within one year -€32,293
down €32,293 (-75.1%), from €43,005 to €10,712
of which Trade receivables: -€35,763
- Cash +€28,053
up €28,053 (+57.5%), from €48,818 to €76,871
mainly Receivables within one year (+€32,293) and Net result for the year (+€13,009)
- Stocks and contracts -€9,586
no longer reported in 2025 (was €9,586)
- Intangible fixed assets +€8,000
new in 2025: €8,000
- Accrued charges and deferred income -€23,143
no longer reported in 2025 (was €23,143)
- Profit (loss) carried forward +€13,009
up €13,009 (+33.7%), from €38,625 to €51,634
- Other debts +€10,653
up €10,653 (+122%), from €8,757 to €19,410
- Trade debts -€3,577
down €3,577 (-97.3%), from €3,676 to €99
- Tax, wage and social debts -€3,260
down €3,260 (-49.7%), from €6,562 to €3,302
- Gross operating margin -€20,637
down €20,637 (-52.5%), from €39,307 to €18,670
- Depreciation -€5,769
down €5,769 (-92.2%), from €6,255 to €487
- Taxes -€3,260
down €3,260 (-49.7%), from €6,562 to €3,302
- Other operating charges +€1,639
up €1,639 (+882%), from €186 to €1,824
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 | €102,764 | €96,446 | -€6,318 | -6.1% |
| Fixed assets | 21/28 | €520 | €8,034 | +€7,513 | +1,444% |
| Intangible fixed assets | 21 | - | €8,000 | +€8,000 | |
| Tangible fixed assets | 22/27 | €520 | €34 | -€487 | -93.5% |
| Plant, machinery and equipment | 23 | €520 | €34 | -€487 | -93.5% |
| Current assets | 29/58 | €102,243 | €88,412 | -€13,831 | -13.5% |
| Stocks and contracts in progress | 3 | €9,586 | - | -€9,586 | |
| Stocks | 30/36 | €9,586 | - | -€9,586 | |
| Amounts receivable within one year | 40/41 | €43,005 | €10,712 | -€32,293 | -75.1% |
| Trade receivables | 40 | €41,959 | €6,197 | -€35,763 | -85.2% |
| Other amounts receivable | 41 | €1,046 | €4,515 | +€3,469 | +332% |
| Cash at bank and in hand | 54/58 | €48,818 | €76,871 | +€28,053 | +57.5% |
| Deferred charges and accrued income | 490/1 | €833 | €829 | -€5 | -0.5% |
| Total equity and liabilities | 10/49 | €102,764 | €96,446 | -€6,318 | -6.1% |
| Equity | 10/15 | €60,625 | €73,634 | +€13,009 | +21.5% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,625 | €51,634 | +€13,009 | +33.7% |
| Amounts payable | 17/49 | €42,139 | €22,811 | -€19,327 | -45.9% |
| Amounts payable within one year | 42/48 | €18,996 | €22,811 | +€3,816 | +20.1% |
| Trade debts | 44 | €3,676 | €99 | -€3,577 | -97.3% |
| Suppliers | 440/4 | €3,676 | €99 | -€3,577 | -97.3% |
| Taxes, remuneration and social security | 45 | €6,562 | €3,302 | -€3,260 | -49.7% |
| Taxes | 450/3 | €6,562 | €3,302 | -€3,260 | -49.7% |
| Other amounts payable | 47/48 | €8,757 | €19,410 | +€10,653 | +122% |
| Accrued charges and deferred income | 492/3 | €23,143 | - | -€23,143 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,255 | €487 | -€5,769 | -92.2% |
| Other operating charges | 640/8 | €186 | €1,824 | +€1,639 | +882% |
| Gross operating margin | 9900 | €39,307 | €18,670 | -€20,637 | -52.5% |
| Operating profit (loss) | 9901 | €32,866 | €16,359 | -€16,507 | -50.2% |
| Financial charges | 65/66B | €54 | €48 | -€6 | -12.0% |
| Recurring financial charges | 65 | €54 | €48 | -€6 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €32,812 | €16,311 | -€16,501 | -50.3% |
| Income taxes | 67/77 | €6,562 | €3,302 | -€3,260 | -49.7% |
| Profit (loss) for the period | 9904 | €26,250 | €13,009 | -€13,240 | -50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,250 | €13,009 | -€13,240 | -50.4% |
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 13 October 2026 via checked.be.