LEONVECO: 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.
LEONVECO
Largest movements
- Tangible fixed assets +€14,515
up €14,515 (+141%), from €10,262 to €24,777
of which Furniture and vehicles: +€12,850
- Receivables within one year -€2,046
down €2,046 (-16.0%), from €12,773 to €10,727
of which Trade receivables: -€2,723
- Cash -€1,367
down €1,367 (-98.6%), from €1,387 to €20
mainly Investment in fixed assets (net) (-€19,100) and Net result for the year (-€12,294)
- Other debts +€23,902
new in 2025: €23,902
- Reserves -€11,379
down €11,379 (-100%), from €11,379 to €0
- Tax, wage and social debts -€1,427
down €1,427 (-39.0%), from €3,655 to €2,228
- Profit (loss) carried forward -€914
new in 2025: -€914
- Trade debts +€623
up €623 (+25.8%), from €2,420 to €3,043
- Gross operating margin -€19,200
down €19,200, from €13,267 to -€5,933
- Taxes -€2,169
down €2,169 (-100%), from €2,169 to €0
- Depreciation +€1,348
up €1,348 (+41.6%), from €3,238 to €4,585
- Financial charges -€317
down €317 (-83.8%), from €379 to €61
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 | €24,422 | €35,524 | +€11,102 | +45.5% |
| Fixed assets | 21/28 | €10,262 | €24,777 | +€14,515 | +141% |
| Tangible fixed assets | 22/27 | €10,262 | €24,777 | +€14,515 | +141% |
| Plant, machinery and equipment | 23 | €10,262 | €11,927 | +€1,665 | +16.2% |
| Furniture and vehicles | 24 | - | €12,850 | +€12,850 | |
| Current assets | 29/58 | €14,160 | €10,747 | -€3,413 | -24.1% |
| Amounts receivable within one year | 40/41 | €12,773 | €10,727 | -€2,046 | -16.0% |
| Trade receivables | 40 | €2,723 | €0 | -€2,723 | -100% |
| Other amounts receivable | 41 | €10,050 | €10,727 | +€677 | +6.7% |
| Cash at bank and in hand | 54/58 | €1,387 | €20 | -€1,367 | -98.6% |
| Total equity and liabilities | 10/49 | €24,422 | €35,524 | +€11,102 | +45.5% |
| Equity | 10/15 | €17,579 | €5,286 | -€12,294 | -69.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,379 | €0 | -€11,379 | -100% |
| Distributable reserves | 133 | €11,379 | €0 | -€11,379 | -100% |
| Profit (loss) carried forward | 14 | - | -€914 | -€914 | |
| Amounts payable | 17/49 | €6,843 | €30,238 | +€23,396 | +342% |
| Amounts payable within one year | 42/48 | €6,075 | €29,173 | +€23,098 | +380% |
| Trade debts | 44 | €2,420 | €3,043 | +€623 | +25.8% |
| Suppliers | 440/4 | €2,420 | €3,043 | +€623 | +25.8% |
| Taxes, remuneration and social security | 45 | €3,655 | €2,228 | -€1,427 | -39.0% |
| Taxes | 450/3 | €3,655 | €2,228 | -€1,427 | -39.0% |
| Other amounts payable | 47/48 | - | €23,902 | +€23,902 | |
| Accrued charges and deferred income | 492/3 | €767 | €1,065 | +€298 | +38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,238 | €4,585 | +€1,348 | +41.6% |
| Other operating charges | 640/8 | €1,685 | €1,714 | +€30 | +1.8% |
| Gross operating margin | 9900 | €13,267 | -€5,933 | -€19,200 | |
| Operating profit (loss) | 9901 | €8,345 | -€12,232 | -€20,577 | |
| Financial charges | 65/66B | €379 | €61 | -€317 | -83.8% |
| Recurring financial charges | 65 | €379 | €61 | -€317 | -83.8% |
| Profit (loss) for the period before taxes | 9903 | €7,967 | -€12,294 | -€20,260 | |
| Income taxes | 67/77 | €2,169 | €0 | -€2,169 | -100% |
| Profit (loss) for the period | 9904 | €5,798 | -€12,294 | -€18,092 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,798 | -€12,294 | -€18,092 |
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 19 October 2026 via checked.be.