LEONARD ALAIN: what changed
LEONARD ALAIN
Largest movements
- Tangible fixed assets +€26,385
up €26,385 (+16.4%), from €160,511 to €186,896
of which Furniture and vehicles: +€15,244
- Cash +€14,027
up €14,027 (+41.9%), from €33,460 to €47,487
mainly Other debts (+€42,797) and Depreciation (+€37,263)
- Receivables within one year +€13,117
up €13,117 (+91.7%), from €14,312 to €27,429
of which Trade receivables: +€15,338
- Other debts +€42,797
up €42,797 (+306%), from €14,001 to €56,799
- Debts after one year -€20,987
down €20,987 (-19.4%), from €108,057 to €87,070
- Reserves +€20,000
new in 2025: €20,000
- Trade debts -€13,975
down €13,975 (-47.5%), from €29,412 to €15,437
- Profit (loss) carried forward +€11,748
up €11,748 (+56.3%), from €20,885 to €32,633
- Gross operating margin +€71,245
up €71,245 (+482%), from €14,785 to €86,030
- Depreciation +€6,711
up €6,711 (+22.0%), from €30,552 to €37,263
- Taxes +€5,282
up €5,282, from -€82 to €5,200
- Financial charges +€1,548
up €1,548 (+21.4%), from €7,245 to €8,793
- Other operating charges +€910
up €910 (+46.8%), from €1,945 to €2,855
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €210,630 | €264,992 | +€54,361 | +25.8% |
| Fixed assets | 21/28 | €160,511 | €187,031 | +€26,520 | +16.5% |
| Tangible fixed assets | 22/27 | €160,511 | €186,896 | +€26,385 | +16.4% |
| Plant, machinery and equipment | 23 | €126,521 | €137,663 | +€11,141 | +8.8% |
| Furniture and vehicles | 24 | €33,990 | €49,234 | +€15,244 | +44.8% |
| Financial fixed assets | 28 | - | €135 | +€135 | |
| Current assets | 29/58 | €50,119 | €77,960 | +€27,841 | +55.6% |
| Stocks and contracts in progress | 3 | €500 | - | -€500 | |
| Stocks | 30/36 | €500 | - | -€500 | |
| Amounts receivable within one year | 40/41 | €14,312 | €27,429 | +€13,117 | +91.7% |
| Trade receivables | 40 | €11,288 | €26,626 | +€15,338 | +136% |
| Other amounts receivable | 41 | €3,023 | €803 | -€2,220 | -73.5% |
| Cash at bank and in hand | 54/58 | €33,460 | €47,487 | +€14,027 | +41.9% |
| Deferred charges and accrued income | 490/1 | €1,848 | €3,045 | +€1,197 | +64.8% |
| Total equity and liabilities | 10/49 | €210,630 | €264,992 | +€54,361 | +25.8% |
| Equity | 10/15 | €28,885 | €60,633 | +€31,748 | +110% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €20,885 | €32,633 | +€11,748 | +56.3% |
| Amounts payable | 17/49 | €181,745 | €204,358 | +€22,613 | +12.4% |
| Amounts payable after more than one year | 17 | €108,057 | €87,070 | -€20,987 | -19.4% |
| Financial debts | 170/4 | €108,057 | €87,070 | -€20,987 | -19.4% |
| Amounts payable within one year | 42/48 | €72,815 | €116,406 | +€43,591 | +59.9% |
| Current portion of amounts payable after more than one year | 42 | €29,401 | €38,115 | +€8,713 | +29.6% |
| Trade debts | 44 | €29,412 | €15,437 | -€13,975 | -47.5% |
| Suppliers | 440/4 | €29,412 | €15,437 | -€13,975 | -47.5% |
| Taxes, remuneration and social security | 45 | - | €6,056 | +€6,056 | |
| Taxes | 450/3 | - | €6,056 | +€6,056 | |
| Other amounts payable | 47/48 | €14,001 | €56,799 | +€42,797 | +306% |
| Accrued charges and deferred income | 492/3 | €873 | €882 | +€9 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,552 | €37,263 | +€6,711 | +22.0% |
| Other operating charges | 640/8 | €1,945 | €2,855 | +€910 | +46.8% |
| Non-recurring operating charges | 66A | - | €325 | +€325 | |
| Gross operating margin | 9900 | €14,785 | €86,030 | +€71,245 | +482% |
| Operating profit (loss) | 9901 | -€17,712 | €45,587 | +€63,299 | |
| Financial income | 75/76B | €294 | €154 | -€140 | -47.5% |
| Recurring financial income | 75 | €294 | €154 | -€140 | -47.5% |
| Financial charges | 65/66B | €7,245 | €8,793 | +€1,548 | +21.4% |
| Recurring financial charges | 65 | €7,245 | €8,793 | +€1,548 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,662 | €36,948 | +€61,611 | |
| Income taxes | 67/77 | -€82 | €5,200 | +€5,282 | |
| Profit (loss) for the period | 9904 | -€24,581 | €31,748 | +€56,329 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,581 | €31,748 | +€56,329 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.