Leoniden: 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.
Leoniden
Largest movements
- Cash -€48,758
down €48,758 (-45.0%), from €108,437 to €59,678
mainly Contributions, distributions and other (-€156,633) and Debts after one year (-€10,881)
- Tangible fixed assets -€13,619
down €13,619 (-38.8%), from €35,083 to €21,464
of which Furniture and vehicles: -€10,443
- Receivables within one year +€8,799
up €8,799 (+42.4%), from €20,766 to €29,565
of which Trade receivables: +€8,773
- Reserves -€49,438
down €49,438 (-18.7%), from €265,081 to €215,643
- Debts after one year -€10,881
no longer reported in 2025 (was €10,881)
- Gross operating margin -€3,872
down €3,872 (-2.4%), from €159,099 to €155,227
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 | €317,794 | €264,671 | -€53,123 | -16.7% |
| Fixed assets | 21/28 | €35,083 | €21,464 | -€13,619 | -38.8% |
| Tangible fixed assets | 22/27 | €35,083 | €21,464 | -€13,619 | -38.8% |
| Plant, machinery and equipment | 23 | €1,202 | €778 | -€424 | -35.3% |
| Furniture and vehicles | 24 | €23,105 | €12,661 | -€10,443 | -45.2% |
| Other tangible fixed assets | 26 | €10,776 | €8,025 | -€2,751 | -25.5% |
| Current assets | 29/58 | €282,710 | €243,207 | -€39,504 | -14.0% |
| Amounts receivable within one year | 40/41 | €20,766 | €29,565 | +€8,799 | +42.4% |
| Trade receivables | 40 | €20,612 | €29,385 | +€8,773 | +42.6% |
| Other amounts receivable | 41 | €154 | €180 | +€27 | +17.3% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €108,437 | €59,678 | -€48,758 | -45.0% |
| Deferred charges and accrued income | 490/1 | €3,508 | €3,963 | +€455 | +13.0% |
| Total equity and liabilities | 10/49 | €317,794 | €264,671 | -€53,123 | -16.7% |
| Equity | 10/15 | €266,081 | €216,643 | -€49,438 | -18.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €265,081 | €215,643 | -€49,438 | -18.7% |
| Distributable reserves | 133 | €265,081 | €215,643 | -€49,438 | -18.7% |
| Amounts payable | 17/49 | €51,713 | €48,027 | -€3,685 | -7.1% |
| Amounts payable after more than one year | 17 | €10,881 | - | -€10,881 | |
| Financial debts | 170/4 | €10,881 | - | -€10,881 | |
| Amounts payable within one year | 42/48 | €39,933 | €46,955 | +€7,022 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €10,764 | €10,881 | +€117 | +1.1% |
| Trade debts | 44 | €654 | €3,389 | +€2,736 | +418.4% |
| Suppliers | 440/4 | €654 | €3,389 | +€2,736 | +418.4% |
| Taxes, remuneration and social security | 45 | €13,465 | €15,716 | +€2,251 | +16.7% |
| Taxes | 450/3 | €13,465 | €15,716 | +€2,251 | +16.7% |
| Other amounts payable | 47/48 | €15,050 | €16,968 | +€1,918 | +12.7% |
| Accrued charges and deferred income | 492/3 | €898 | €1,073 | +€174 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,728 | €14,760 | +€32 | +0.2% |
| Other operating charges | 640/8 | €863 | €992 | +€129 | +14.9% |
| Gross operating margin | 9900 | €159,099 | €155,227 | -€3,872 | -2.4% |
| Operating profit (loss) | 9901 | €143,507 | €139,475 | -€4,033 | -2.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,245 | €1,307 | +€62 | +5.0% |
| Recurring financial charges | 65 | €1,245 | €1,307 | +€62 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €142,262 | €138,169 | -€4,093 | -2.9% |
| Income taxes | 67/77 | €32,096 | €30,973 | -€1,123 | -3.5% |
| Profit (loss) for the period | 9904 | €110,166 | €107,196 | -€2,970 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €110,166 | €107,196 | -€2,970 | -2.7% |
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 9 October 2026 via checked.be.