Leonie: 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.
Leonie
Largest movements
- Cash +€34,544
up €34,544 (+85.9%), from €40,224 to €74,768
mainly Net result for the year (+€36,552) and Stocks and contracts (+€14,993)
- Stocks and contracts -€14,993
down €14,993 (-37.8%), from €39,638 to €24,645
- Receivables within one year -€11,747
down €11,747 (-78.8%), from €14,913 to €3,166
- Deferred charges and accrued income -€2,856
down €2,856 (-16.5%), from €17,268 to €14,413
- Reserves +€36,552
up €36,552 (+75.3%), from €48,534 to €85,086
- Other debts -€26,272
down €26,272 (-79.0%), from €33,258 to €6,986
- Tax, wage and social debts -€5,465
down €5,465 (-23.0%), from €23,751 to €18,286
of which Taxes: -€3,725
- Staff costs -€71,940
down €71,940 (-53.1%), from €135,411 to €63,471
- Gross operating margin -€32,161
down €32,161 (-22.1%), from €145,764 to €113,604
- Taxes +€7,786
up €7,786 (+246%), from €3,163 to €10,949
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 | €115,049 | €121,068 | +€6,020 | +5.2% |
| Fixed assets | 21/28 | €3,004 | €4,076 | +€1,072 | +35.7% |
| Tangible fixed assets | 22/27 | €2,754 | €3,826 | +€1,072 | +38.9% |
| Furniture and vehicles | 24 | €1,932 | €441 | -€1,491 | -77.2% |
| Other tangible fixed assets | 26 | €823 | €3,385 | +€2,563 | +311% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €112,044 | €116,992 | +€4,948 | +4.4% |
| Stocks and contracts in progress | 3 | €39,638 | €24,645 | -€14,993 | -37.8% |
| Stocks | 30/36 | €39,638 | €24,645 | -€14,993 | -37.8% |
| Amounts receivable within one year | 40/41 | €14,913 | €3,166 | -€11,747 | -78.8% |
| Trade receivables | 40 | €14,913 | €3,166 | -€11,747 | -78.8% |
| Cash at bank and in hand | 54/58 | €40,224 | €74,768 | +€34,544 | +85.9% |
| Deferred charges and accrued income | 490/1 | €17,268 | €14,413 | -€2,856 | -16.5% |
| Total equity and liabilities | 10/49 | €115,049 | €121,068 | +€6,020 | +5.2% |
| Equity | 10/15 | €50,368 | €86,919 | +€36,552 | +72.6% |
| Contributions | 10/11 | €1,833 | €1,833 | = | 0.0% |
| Reserves | 13 | €48,534 | €85,086 | +€36,552 | +75.3% |
| Distributable reserves | 133 | €48,534 | €85,086 | +€36,552 | +75.3% |
| Amounts payable | 17/49 | €64,681 | €34,149 | -€30,532 | -47.2% |
| Amounts payable within one year | 42/48 | €64,610 | €33,770 | -€30,840 | -47.7% |
| Trade debts | 44 | €7,601 | €8,498 | +€897 | +11.8% |
| Suppliers | 440/4 | €7,601 | €8,498 | +€897 | +11.8% |
| Taxes, remuneration and social security | 45 | €23,751 | €18,286 | -€5,465 | -23.0% |
| Taxes | 450/3 | €17,176 | €13,451 | -€3,725 | -21.7% |
| Remuneration and social security | 454/9 | €6,576 | €4,835 | -€1,740 | -26.5% |
| Other amounts payable | 47/48 | €33,258 | €6,986 | -€26,272 | -79.0% |
| Accrued charges and deferred income | 492/3 | €71 | €379 | +€308 | +437% |
| Remuneration, social security and pensions | 62 | €135,411 | €63,471 | -€71,940 | -53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,892 | €1,707 | -€185 | -9.8% |
| Other operating charges | 640/8 | €633 | €692 | +€59 | +9.3% |
| Gross operating margin | 9900 | €145,764 | €113,604 | -€32,161 | -22.1% |
| Operating profit (loss) | 9901 | €7,828 | €47,734 | +€39,906 | +510% |
| Financial income | 75/76B | €1 | €11 | +€10 | +1,611% |
| Recurring financial income | 75 | €1 | €11 | +€10 | +1,611% |
| Financial charges | 65/66B | €189 | €244 | +€55 | +29.4% |
| Recurring financial charges | 65 | €189 | €244 | +€55 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €7,640 | €47,500 | +€39,861 | +522% |
| Income taxes | 67/77 | €3,163 | €10,949 | +€7,786 | +246% |
| Profit (loss) for the period | 9904 | €4,477 | €36,552 | +€32,075 | +716% |
| Profit (loss) for the period to be appropriated | 9905 | €4,477 | €36,552 | +€32,075 | +716% |
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 14 October 2026 via checked.be.