LEONE: what changed
Two fiscal 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.
LEONE
Largest movements
- Receivables within one year -€11,692
down €11,692 (-64.9%), from €18,017 to €6,325
of which Trade receivables: -€10,271
- Stocks and contracts +€9,744
up €9,744 (+75.5%), from €12,904 to €22,648
- Tangible fixed assets +€9,227
up €9,227 (+7.9%), from €116,533 to €125,760
of which Furniture and vehicles: +€13,132
- Cash -€7,848
down €7,848 (-4.6%), from €170,579 to €162,730
mainly Investment in fixed assets (net) (-€47,864) and Trade debts (-€29,585)
- Reserves +€39,351
up €39,351 (+21.5%), from €183,373 to €222,724
- Trade debts -€29,585
down €29,585 (-69.0%), from €42,849 to €13,264
- Current portion of long-term debt -€10,332
down €10,332 (-74.2%), from €13,916 to €3,583
- Debts after one year -€3,583
down €3,583 (-10.3%), from €34,903 to €31,320
- Depreciation +€7,824
up €7,824 (+27.7%), from €28,263 to €36,087
- Gross operating margin +€3,811
up €3,811 (+1.4%), from €271,350 to €275,161
- Taxes -€3,394
down €3,394 (-16.2%), from €20,898 to €17,504
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 | €330,617 | €331,762 | +€1,145 | +0.3% |
| Fixed assets | 21/28 | €121,033 | €132,810 | +€11,777 | +9.7% |
| Tangible fixed assets | 22/27 | €116,533 | €125,760 | +€9,227 | +7.9% |
| Land and buildings | 22 | €99,785 | €85,088 | -€14,697 | -14.7% |
| Plant, machinery and equipment | 23 | €7,116 | €17,908 | +€10,793 | +151.7% |
| Furniture and vehicles | 24 | €9,632 | €22,764 | +€13,132 | +136.3% |
| Financial fixed assets | 28 | €4,500 | €7,050 | +€2,550 | +56.7% |
| Current assets | 29/58 | €209,584 | €198,952 | -€10,632 | -5.1% |
| Stocks and contracts in progress | 3 | €12,904 | €22,648 | +€9,744 | +75.5% |
| Stocks | 30/36 | €12,904 | €22,648 | +€9,744 | +75.5% |
| Amounts receivable within one year | 40/41 | €18,017 | €6,325 | -€11,692 | -64.9% |
| Trade receivables | 40 | €12,737 | €2,465 | -€10,271 | -80.6% |
| Other amounts receivable | 41 | €5,281 | €3,860 | -€1,420 | -26.9% |
| Cash at bank and in hand | 54/58 | €170,579 | €162,730 | -€7,848 | -4.6% |
| Deferred charges and accrued income | 490/1 | €8,084 | €7,248 | -€836 | -10.3% |
| Total equity and liabilities | 10/49 | €330,617 | €331,762 | +€1,145 | +0.3% |
| Equity | 10/15 | €228,373 | €267,724 | +€39,351 | +17.2% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €183,373 | €222,724 | +€39,351 | +21.5% |
| Distributable reserves | 133 | €183,373 | €222,724 | +€39,351 | +21.5% |
| Amounts payable | 17/49 | €102,243 | €64,038 | -€38,206 | -37.4% |
| Amounts payable after more than one year | 17 | €34,903 | €31,320 | -€3,583 | -10.3% |
| Financial debts | 170/4 | €34,903 | €31,320 | -€3,583 | -10.3% |
| Amounts payable within one year | 42/48 | €67,319 | €32,718 | -€34,601 | -51.4% |
| Current portion of amounts payable after more than one year | 42 | €13,916 | €3,583 | -€10,332 | -74.2% |
| Financial debts | 43 | - | €1,263 | +€1,263 | |
| Other loans | 439 | - | €1,263 | +€1,263 | |
| Trade debts | 44 | €42,849 | €13,264 | -€29,585 | -69.0% |
| Suppliers | 440/4 | €42,849 | €13,264 | -€29,585 | -69.0% |
| Taxes, remuneration and social security | 45 | €8,088 | €11,194 | +€3,107 | +38.4% |
| Taxes | 450/3 | €370 | €2,583 | +€2,213 | +598.5% |
| Remuneration and social security | 454/9 | €7,718 | €8,612 | +€893 | +11.6% |
| Other amounts payable | 47/48 | €2,466 | €3,413 | +€947 | +38.4% |
| Accrued charges and deferred income | 492/3 | €21 | €0 | -€21 | -100.0% |
| Non-recurring operating income | 76A | €9,091 | €0 | -€9,091 | -100.0% |
| Remuneration, social security and pensions | 62 | €175,807 | €173,457 | -€2,350 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,263 | €36,087 | +€7,824 | +27.7% |
| Other operating charges | 640/8 | €3,195 | €2,394 | -€801 | -25.1% |
| Gross operating margin | 9900 | €271,350 | €275,161 | +€3,811 | +1.4% |
| Operating profit (loss) | 9901 | €64,085 | €63,223 | -€862 | -1.3% |
| Financial income | 75/76B | €286 | €581 | +€295 | +103.2% |
| Recurring financial income | 75 | €286 | €581 | +€295 | +103.2% |
| Financial charges | 65/66B | €8,544 | €6,949 | -€1,594 | -18.7% |
| Recurring financial charges | 65 | €8,544 | €6,949 | -€1,594 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €55,828 | €56,855 | +€1,027 | +1.8% |
| Income taxes | 67/77 | €20,898 | €17,504 | -€3,394 | -16.2% |
| Profit (loss) for the period | 9904 | €34,930 | €39,351 | +€4,421 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,930 | €39,351 | +€4,421 | +12.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.