Leopa: 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.
What changed
Leopa
NACE 69.101, Activities of lawyers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€80,939
2024 · €17,526+€63,413
Equity
€19,280
2024 · €21,991-€2,711
Cash
€929
2024 · €5+€924
Balance sheet total
€135,088
2024 · €137,542-€2,454
Largest movements
Assets
- Tangible fixed assets -€15,478
down €15,478 (-35.0%), from €44,219 to €28,741
of which Furniture and vehicles: -€15,095
- Financial fixed assets +€13,070
up €13,070 (+55.0%), from €23,752 to €36,822
Equity and liabilities
- Tax, wage and social debts +€21,301
up €21,301 (+71.5%), from €29,789 to €51,090
- Debts after one year -€12,908
down €12,908 (-25.0%), from €51,666 to €38,758
- Current portion of long-term debt -€9,870
down €9,870 (-43.3%), from €22,778 to €12,908
- Other debts +€7,751
new in 2025: €7,751
- Short-term financial debts -€4,916
no longer reported in 2025 (was €4,916)
Income statement
- Gross operating margin +€81,356
up €81,356 (+171%), from €47,561 to €128,917
- Taxes +€18,433
up €18,433 (+187%), from €9,880 to €28,313
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.
Result 2024
€17,526
Gross operating margin
+€81,356
Depreciation
+€210
Other operating charges
+€318
Financial income
+€841
Financial charges
-€879
Taxes
-€18,433
Result 2025
€80,939
raises the resultlowers the result
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.
From operations
+€125,338
Investment
-€13,070
Financing
-€111,344
Cash 2024
€5
From operations (derived)
+€125,338
Net result for the year
+€80,939
Depreciation
+€15,478
Receivables within one year
-€246
Deferred charges and accrued income
+€1,216
Trade debts
-€1,101
Tax, wage and social debts
+€21,301
Other debts
+€7,751
Investment (derived)
-€13,070
Investment in fixed assets (net)
-€13,070
Financing
-€111,344
Debts after one year
-€12,908
Current portion of long-term debt
-€9,870
Short-term financial debts
-€4,916
Contributions, distributions and other
-€83,650
Cash 2025
€929
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,542 | €135,088 | -€2,454 | -1.8% |
| Fixed assets | 21/28 | €67,971 | €65,563 | -€2,408 | -3.5% |
| Tangible fixed assets | 22/27 | €44,219 | €28,741 | -€15,478 | -35.0% |
| Plant, machinery and equipment | 23 | €1,339 | €1,199 | -€140 | -10.5% |
| Furniture and vehicles | 24 | €41,230 | €26,135 | -€15,095 | -36.6% |
| Other tangible fixed assets | 26 | €1,650 | €1,407 | -€243 | -14.7% |
| Financial fixed assets | 28 | €23,752 | €36,822 | +€13,070 | +55.0% |
| Current assets | 29/58 | €69,571 | €69,525 | -€46 | -0.1% |
| Amounts receivable after more than one year | 29 | €58,000 | €58,000 | = | 0.0% |
| Other amounts receivable | 291 | €58,000 | €58,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,224 | €8,470 | +€246 | +3.0% |
| Trade receivables | 40 | - | €8,470 | +€8,470 | |
| Other amounts receivable | 41 | €8,224 | - | -€8,224 | |
| Cash at bank and in hand | 54/58 | €5 | €929 | +€924 | +18,480% |
| Deferred charges and accrued income | 490/1 | €3,342 | €2,126 | -€1,216 | -36.4% |
| Total equity and liabilities | 10/49 | €137,542 | €135,088 | -€2,454 | -1.8% |
| Equity | 10/15 | €21,991 | €19,280 | -€2,711 | -12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92 | €92 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52 | €52 | = | 0.0% |
| Reserves not available under the articles | 1311 | €52 | €52 | = | 0.0% |
| Tax-exempt reserves | 132 | €40 | €40 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,299 | €588 | -€2,711 | -82.2% |
| Amounts payable | 17/49 | €115,551 | €115,808 | +€257 | +0.2% |
| Amounts payable after more than one year | 17 | €51,666 | €38,758 | -€12,908 | -25.0% |
| Financial debts | 170/4 | €51,666 | €38,758 | -€12,908 | -25.0% |
| Amounts payable within one year | 42/48 | €63,885 | €77,050 | +€13,165 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €22,778 | €12,908 | -€9,870 | -43.3% |
| Financial debts | 43 | €4,916 | - | -€4,916 | |
| Credit institutions | 430/8 | €4,916 | - | -€4,916 | |
| Trade debts | 44 | €6,402 | €5,301 | -€1,101 | -17.2% |
| Suppliers | 440/4 | €6,402 | €5,301 | -€1,101 | -17.2% |
| Taxes, remuneration and social security | 45 | €29,789 | €51,090 | +€21,301 | +71.5% |
| Taxes | 450/3 | €29,789 | €51,090 | +€21,301 | +71.5% |
| Other amounts payable | 47/48 | - | €7,751 | +€7,751 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,688 | €15,478 | -€210 | -1.3% |
| Other operating charges | 640/8 | €2,498 | €2,180 | -€318 | -12.7% |
| Gross operating margin | 9900 | €47,561 | €128,917 | +€81,356 | +171% |
| Operating profit (loss) | 9901 | €29,375 | €111,259 | +€81,884 | +279% |
| Financial income | 75/76B | €664 | €1,505 | +€841 | +127% |
| Recurring financial income | 75 | €664 | €1,505 | +€841 | +127% |
| Financial charges | 65/66B | €2,633 | €3,512 | +€879 | +33.4% |
| Recurring financial charges | 65 | €2,633 | €3,512 | +€879 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €27,406 | €109,252 | +€81,846 | +299% |
| Income taxes | 67/77 | €9,880 | €28,313 | +€18,433 | +187% |
| Profit (loss) for the period | 9904 | €17,526 | €80,939 | +€63,413 | +362% |
| Profit (loss) for the period to be appropriated | 9905 | €17,526 | €80,939 | +€63,413 | +362% |
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 13 October 2026 via checked.be.