LEONARD WEB SOLUTIONS: 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.
LEONARD WEB SOLUTIONS
Largest movements
- Tangible fixed assets +€10,745
up €10,745 (+44.6%), from €24,110 to €34,855
of which Other tangible fixed assets: +€6,913
- Cash -€8,695
down €8,695 (-15.1%), from €57,615 to €48,920
mainly Contributions, distributions and other (-€92,790) and Investment in fixed assets (net) (-€21,115)
- Receivables within one year +€5,656
up €5,656 (+5.4%), from €105,420 to €111,076
of which Trade receivables: +€5,564
- Other debts +€37,980
up €37,980 (+45.9%), from €82,736 to €120,717
- Tax, wage and social debts -€17,987
down €17,987 (-27.6%), from €65,286 to €47,299
of which Remuneration and social security: -€14,313
- Reserves -€17,199
down €17,199 (-100%), from €17,199 to €0
- Short-term financial debts +€11,741
new in 2025: €11,741
- Debts after one year -€3,750
down €3,750 (-62.5%), from €6,004 to €2,254
- Staff costs -€7,392
down €7,392 (-4.0%), from €183,134 to €175,742
- Write-downs +€6,721
new in 2025: €6,721
- Financial charges +€3,726
up €3,726 (+334%), from €1,116 to €4,842
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 | €190,547 | €198,474 | +€7,927 | +4.2% |
| Fixed assets | 21/28 | €24,370 | €35,115 | +€10,745 | +44.1% |
| Tangible fixed assets | 22/27 | €24,110 | €34,855 | +€10,745 | +44.6% |
| Plant, machinery and equipment | 23 | - | €3,526 | +€3,526 | |
| Furniture and vehicles | 24 | €18,958 | €19,264 | +€307 | +1.6% |
| Other tangible fixed assets | 26 | €5,152 | €12,065 | +€6,913 | +134% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €166,177 | €163,359 | -€2,818 | -1.7% |
| Amounts receivable within one year | 40/41 | €105,420 | €111,076 | +€5,656 | +5.4% |
| Trade receivables | 40 | €105,388 | €110,952 | +€5,564 | +5.3% |
| Other amounts receivable | 41 | €32 | €124 | +€92 | +293% |
| Cash at bank and in hand | 54/58 | €57,615 | €48,920 | -€8,695 | -15.1% |
| Deferred charges and accrued income | 490/1 | €3,143 | €3,363 | +€220 | +7.0% |
| Total equity and liabilities | 10/49 | €190,547 | €198,474 | +€7,927 | +4.2% |
| Equity | 10/15 | €22,199 | €5,000 | -€17,199 | -77.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,199 | €0 | -€17,199 | -100% |
| Distributable reserves | 133 | €17,199 | €0 | -€17,199 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €168,347 | €193,474 | +€25,126 | +14.9% |
| Amounts payable after more than one year | 17 | €6,004 | €2,254 | -€3,750 | -62.5% |
| Financial debts | 170/4 | €6,004 | €2,254 | -€3,750 | -62.5% |
| Amounts payable within one year | 42/48 | €159,709 | €189,211 | +€29,501 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €3,610 | €3,750 | +€140 | +3.9% |
| Financial debts | 43 | - | €11,741 | +€11,741 | |
| Credit institutions | 430/8 | - | €11,741 | +€11,741 | |
| Trade debts | 44 | €8,077 | €5,704 | -€2,373 | -29.4% |
| Suppliers | 440/4 | €8,077 | €5,704 | -€2,373 | -29.4% |
| Taxes, remuneration and social security | 45 | €65,286 | €47,299 | -€17,987 | -27.6% |
| Taxes | 450/3 | €34,360 | €30,687 | -€3,673 | -10.7% |
| Remuneration and social security | 454/9 | €30,926 | €16,612 | -€14,313 | -46.3% |
| Other amounts payable | 47/48 | €82,736 | €120,717 | +€37,980 | +45.9% |
| Accrued charges and deferred income | 492/3 | €2,634 | €2,009 | -€625 | -23.7% |
| Non-recurring operating income | 76A | €11,737 | €0 | -€11,737 | -100% |
| Remuneration, social security and pensions | 62 | €183,134 | €175,742 | -€7,392 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,125 | €10,370 | +€1,245 | +13.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,721 | +€6,721 | |
| Other operating charges | 640/8 | €1,019 | €1,836 | +€818 | +80.3% |
| Gross operating margin | 9900 | €296,519 | €295,603 | -€916 | -0.3% |
| Operating profit (loss) | 9901 | €103,241 | €100,933 | -€2,307 | -2.2% |
| Financial charges | 65/66B | €1,116 | €4,842 | +€3,726 | +334% |
| Recurring financial charges | 65 | €1,116 | €4,842 | +€3,726 | +334% |
| Profit (loss) for the period before taxes | 9903 | €102,124 | €96,091 | -€6,033 | -5.9% |
| Income taxes | 67/77 | €21,158 | €20,500 | -€658 | -3.1% |
| Profit (loss) for the period | 9904 | €80,966 | €75,591 | -€5,375 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,966 | €75,591 | -€5,375 | -6.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.