LEONOR FERREIRA: what changed
LEONOR FERREIRA
Largest movements
- Receivables within one year -€5,335
down €5,335 (-98.0%), from €5,441 to €107
- Cash +€3,271
up €3,271 (+295%), from €1,108 to €4,379
mainly Other debts (+€15,000) and Receivables within one year (+€5,335)
- Stocks and contracts +€1,200
up €1,200 (+8.6%), from €14,000 to €15,200
- Intangible fixed assets -€500
no longer reported in 2025 (was €500)
- Trade debts -€18,144
down €18,144 (-79.8%), from €22,749 to €4,605
- Other debts +€15,000
up €15,000 (+200%), from €7,500 to €22,500
- Profit (loss) carried forward +€1,781
up €1,781 (+19.4%), from -€9,201 to -€7,420
- Turnover +€47,532
up €47,532 (+39.6%), from €119,941 to €167,473
- Purchases and services +€44,175
up €44,175 (+36.6%), from €120,607 to €164,782
- Gross operating margin +€3,357
up €3,357, from -€666 to €2,691
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 | €21,049 | €19,685 | -€1,364 | -6.5% |
| Fixed assets | 21/28 | €500 | - | -€500 | |
| Intangible fixed assets | 21 | €500 | - | -€500 | |
| Current assets | 29/58 | €20,549 | €19,685 | -€864 | -4.2% |
| Stocks and contracts in progress | 3 | €14,000 | €15,200 | +€1,200 | +8.6% |
| Stocks | 30/36 | €14,000 | €15,200 | +€1,200 | +8.6% |
| Amounts receivable within one year | 40/41 | €5,441 | €107 | -€5,335 | -98.0% |
| Other amounts receivable | 41 | €5,441 | €107 | -€5,335 | -98.0% |
| Cash at bank and in hand | 54/58 | €1,108 | €4,379 | +€3,271 | +295% |
| Total equity and liabilities | 10/49 | €21,049 | €19,685 | -€1,364 | -6.5% |
| Equity | 10/15 | -€9,200 | -€7,419 | +€1,781 | +19.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,201 | -€7,420 | +€1,781 | +19.4% |
| Amounts payable | 17/49 | €30,249 | €27,105 | -€3,144 | -10.4% |
| Amounts payable within one year | 42/48 | €30,249 | €27,105 | -€3,144 | -10.4% |
| Trade debts | 44 | €22,749 | €4,605 | -€18,144 | -79.8% |
| Suppliers | 440/4 | €22,749 | €4,605 | -€18,144 | -79.8% |
| Other amounts payable | 47/48 | €7,500 | €22,500 | +€15,000 | +200% |
| Turnover | 70 | €119,941 | €167,473 | +€47,532 | +39.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €120,607 | €164,782 | +€44,175 | +36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €500 | = | 0.0% |
| Other operating charges | 640/8 | €311 | €291 | -€20 | -6.3% |
| Gross operating margin | 9900 | -€666 | €2,691 | +€3,357 | |
| Operating profit (loss) | 9901 | -€1,477 | €1,900 | +€3,377 | |
| Financial charges | 65/66B | €117 | €119 | +€2 | +1.5% |
| Recurring financial charges | 65 | €117 | €119 | +€2 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,594 | €1,781 | +€3,375 | |
| Profit (loss) for the period | 9904 | -€1,594 | €1,781 | +€3,375 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,594 | €1,781 | +€3,375 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.