Léon Holding: 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.
Léon Holding
Largest movements
- Current investments +€130,000
up €130,000 (+68.4%), from €190,000 to €320,000
- Cash -€7,878
down €7,878 (-71.2%), from €11,067 to €3,189
mainly Current investments (-€130,000) and Contributions, distributions and other (-€17,715)
- Reserves +€127,150
up €127,150 (+69.3%), from €183,378 to €310,528
of which Distributable reserves: +€127,150
- Trade debts -€4,620
down €4,620 (-99.1%), from €4,663 to €43
- Financial income +€90,065
up €90,065 (+121%), from €74,585 to €164,651
- Gross operating margin +€12,246
up €12,246 (+88.6%), from -€13,826 to -€1,581
- Taxes +€9,243
up €9,243 (+163%), from €5,659 to €14,902
- Other operating charges +€883
up €883 (+38.2%), from €2,315 to €3,198
- Depreciation -€143
no longer reported in 2025 (was €143)
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 | €217,567 | €341,123 | +€123,555 | +56.8% |
| Fixed assets | 21/28 | €16,500 | €16,500 | = | 0.0% |
| Financial fixed assets | 28 | €16,500 | €16,500 | = | 0.0% |
| Current assets | 29/58 | €201,067 | €324,623 | +€123,555 | +61.4% |
| Amounts receivable within one year | 40/41 | - | €1,434 | +€1,434 | |
| Trade receivables | 40 | - | €1,184 | +€1,184 | |
| Other amounts receivable | 41 | - | €250 | +€250 | |
| Current investments | 50/53 | €190,000 | €320,000 | +€130,000 | +68.4% |
| Cash at bank and in hand | 54/58 | €11,067 | €3,189 | -€7,878 | -71.2% |
| Total equity and liabilities | 10/49 | €217,567 | €341,123 | +€123,555 | +56.8% |
| Equity | 10/15 | €195,778 | €322,928 | +€127,150 | +64.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €183,378 | €310,528 | +€127,150 | +69.3% |
| Non-distributable reserves | 130/1 | €1,062 | €1,062 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,062 | €1,062 | = | 0.0% |
| Distributable reserves | 133 | €182,316 | €309,466 | +€127,150 | +69.7% |
| Amounts payable | 17/49 | €21,790 | €18,195 | -€3,595 | -16.5% |
| Amounts payable within one year | 42/48 | €21,790 | €18,195 | -€3,595 | -16.5% |
| Trade debts | 44 | €4,663 | €43 | -€4,620 | -99.1% |
| Suppliers | 440/4 | €4,663 | €43 | -€4,620 | -99.1% |
| Taxes, remuneration and social security | 45 | €16,344 | €18,152 | +€1,808 | +11.1% |
| Taxes | 450/3 | €16,344 | €18,152 | +€1,808 | +11.1% |
| Other amounts payable | 47/48 | €783 | - | -€783 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143 | - | -€143 | |
| Other operating charges | 640/8 | €2,315 | €3,198 | +€883 | +38.2% |
| Gross operating margin | 9900 | -€13,826 | -€1,581 | +€12,246 | +88.6% |
| Operating profit (loss) | 9901 | -€16,285 | -€4,779 | +€11,506 | +70.7% |
| Financial income | 75/76B | €74,585 | €164,651 | +€90,065 | +121% |
| Recurring financial income | 75 | €74,585 | €164,651 | +€90,065 | +121% |
| Financial charges | 65/66B | €29 | €105 | +€76 | +268% |
| Recurring financial charges | 65 | €29 | €105 | +€76 | +268% |
| Profit (loss) for the period before taxes | 9903 | €58,272 | €159,767 | +€101,495 | +174% |
| Income taxes | 67/77 | €5,659 | €14,902 | +€9,243 | +163% |
| Profit (loss) for the period | 9904 | €52,614 | €144,866 | +€92,252 | +175% |
| Profit (loss) for the period to be appropriated | 9905 | €52,614 | €144,866 | +€92,252 | +175% |
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 23 October 2026 via checked.be.