leopold10 architecten: 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
leopold10 architecten
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€114,867
2024 · €147,639-€32,772
Equity
€1.4m
2024 · €1.3m+€114,867
Cash
€224,088
2024 · €170,657+€53,432
Balance sheet total
€3.6m
2024 · €3.5m+€27,429
Largest movements
Assets
- Cash +€53,432
up €53,432 (+31.3%), from €170,657 to €224,088
mainly Depreciation (+€119,949) and Net result for the year (+€114,867)
Equity and liabilities
- Reserves +€114,867
up €114,867 (+9.3%), from €1.2m to €1.4m
of which Distributable reserves: +€115,522
- Debts after one year -€81,607
down €81,607 (-4.0%), from €2.0m to €1.9m
Income statement
- Gross operating margin -€50,789
down €50,789 (-13.7%), from €371,255 to €320,466
- Taxes -€19,889
down €19,889 (-29.1%), from €68,332 to €48,443
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
€147,639
Gross operating margin
-€50,789
Depreciation
-€781
Other operating charges
-€824
Financial income
-€663
Financial charges
+€396
Taxes
+€19,889
Result 2025
€114,867
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
+€241,733
Investment
-€120,533
Financing
-€67,768
Cash 2024
€170,657
From operations (derived)
+€241,733
Net result for the year
+€114,867
Depreciation
+€119,949
Receivables after one year
-€10,000
Receivables within one year
+€34,988
Deferred charges and accrued income
+€1,600
Provisions
-€219
Trade debts
+€10,292
Tax, wage and social debts
-€30,011
Other debts
-€6,106
Accrued charges and deferred income
+€6,373
Investment (derived)
-€120,533
Investment in fixed assets (net)
-€120,533
Financing
-€67,768
Debts after one year
-€81,607
Current portion of long-term debt
+€13,839
Cash 2025
€224,088
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,530,586 | €3,558,015 | +€27,429 | +0.8% |
| Fixed assets | 21/28 | €3,154,577 | €3,155,162 | +€585 | 0.0% |
| Tangible fixed assets | 22/27 | €2,554,577 | €2,555,162 | +€585 | 0.0% |
| Land and buildings | 22 | €2,480,512 | €2,397,483 | -€83,029 | -3.3% |
| Plant, machinery and equipment | 23 | €6,350 | €7,664 | +€1,314 | +20.7% |
| Furniture and vehicles | 24 | €40,456 | €112,436 | +€71,980 | +178% |
| Other tangible fixed assets | 26 | €27,259 | €37,579 | +€10,320 | +37.9% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €376,009 | €402,853 | +€26,844 | +7.1% |
| Amounts receivable after more than one year | 29 | €27,678 | €37,678 | +€10,000 | +36.1% |
| Other amounts receivable | 291 | €27,678 | €37,678 | +€10,000 | +36.1% |
| Amounts receivable within one year | 40/41 | €171,709 | €136,721 | -€34,988 | -20.4% |
| Trade receivables | 40 | €171,709 | €136,721 | -€34,988 | -20.4% |
| Cash at bank and in hand | 54/58 | €170,657 | €224,088 | +€53,432 | +31.3% |
| Deferred charges and accrued income | 490/1 | €5,966 | €4,366 | -€1,600 | -26.8% |
| Total equity and liabilities | 10/49 | €3,530,586 | €3,558,015 | +€27,429 | +0.8% |
| Equity | 10/15 | €1,254,479 | €1,369,345 | +€114,867 | +9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,235,879 | €1,350,745 | +€114,867 | +9.3% |
| Tax-exempt reserves | 132 | €13,391 | €12,735 | -€656 | -4.9% |
| Distributable reserves | 133 | €1,222,488 | €1,338,010 | +€115,522 | +9.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €4,464 | €4,245 | -€219 | -4.9% |
| Deferred taxes | 168 | €4,464 | €4,245 | -€219 | -4.9% |
| Amounts payable | 17/49 | €2,271,644 | €2,184,424 | -€87,220 | -3.8% |
| Amounts payable after more than one year | 17 | €2,017,053 | €1,935,446 | -€81,607 | -4.0% |
| Financial debts | 170/4 | €2,017,053 | €1,935,446 | -€81,607 | -4.0% |
| Amounts payable within one year | 42/48 | €240,251 | €228,265 | -€11,986 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €133,735 | €147,574 | +€13,839 | +10.3% |
| Trade debts | 44 | €3,296 | €13,588 | +€10,292 | +312% |
| Suppliers | 440/4 | €3,296 | €13,588 | +€10,292 | +312% |
| Taxes, remuneration and social security | 45 | €77,111 | €47,100 | -€30,011 | -38.9% |
| Taxes | 450/3 | €77,111 | €47,100 | -€30,011 | -38.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €26,108 | €20,003 | -€6,106 | -23.4% |
| Accrued charges and deferred income | 492/3 | €14,340 | €20,713 | +€6,373 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,167 | €119,949 | +€781 | +0.7% |
| Other operating charges | 640/8 | €11,911 | €12,735 | +€824 | +6.9% |
| Gross operating margin | 9900 | €371,255 | €320,466 | -€50,789 | -13.7% |
| Operating profit (loss) | 9901 | €240,177 | €187,782 | -€52,395 | -21.8% |
| Financial income | 75/76B | €663 | €0 | -€663 | -100.0% |
| Recurring financial income | 75 | €663 | €0 | -€663 | -100.0% |
| Financial charges | 65/66B | €25,087 | €24,691 | -€396 | -1.6% |
| Recurring financial charges | 65 | €25,087 | €24,691 | -€396 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €215,752 | €163,091 | -€52,661 | -24.4% |
| Transfer from deferred taxes | 780 | €219 | €219 | = | 0.0% |
| Income taxes | 67/77 | €68,332 | €48,443 | -€19,889 | -29.1% |
| Profit (loss) for the period | 9904 | €147,639 | €114,867 | -€32,772 | -22.2% |
| Transfer from tax-exempt reserves | 789 | €656 | €656 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €148,294 | €115,522 | -€32,772 | -22.1% |
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 30 October 2026 via checked.be.