LEOPOLDIM: what changed
Two fiscal 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.
LEOPOLDIM
Largest movements
- Receivables within one year -€327,420
down €327,420 (-30.0%), from €1.1m to €765,755
of which Other amounts receivable: -€326,464
- Profit (loss) carried forward -€457,736
down €457,736 (-37.1%), from -€1.2m to -€1.7m
- Trade debts +€124,049
up €124,049 (+364.4%), from €34,040 to €158,089
- Gross operating margin +€134,292
up €134,292 (+55.6%), from -€241,592 to -€107,300
- Purchases and services -€132,406
down €132,406 (-53.7%), from €246,362 to €113,956
- Other operating charges +€122,928
up €122,928 (+731.5%), from €16,806 to €139,734
- Financial charges -€72,227
down €72,227 (-26.8%), from €269,571 to €197,344
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.
Cash bridge derived
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 | €4,123,845 | €3,778,162 | -€345,683 | -8.4% |
| Fixed assets | 21/28 | €3,020,352 | €3,007,804 | -€12,548 | -0.4% |
| Tangible fixed assets | 22/27 | €455,104 | €442,556 | -€12,548 | -2.8% |
| Land and buildings | 22 | €446,718 | €435,638 | -€11,080 | -2.5% |
| Plant, machinery and equipment | 23 | €8,386 | €6,918 | -€1,468 | -17.5% |
| Financial fixed assets | 28 | €2,565,248 | €2,565,248 | = | 0.0% |
| Current assets | 29/58 | €1,103,493 | €770,358 | -€333,135 | -30.2% |
| Amounts receivable within one year | 40/41 | €1,093,174 | €765,755 | -€327,420 | -30.0% |
| Trade receivables | 40 | €956 | - | -€956 | |
| Other amounts receivable | 41 | €1,092,219 | €765,755 | -€326,464 | -29.9% |
| Cash at bank and in hand | 54/58 | - | €4,604 | +€4,604 | |
| Deferred charges and accrued income | 490/1 | €10,319 | - | -€10,319 | |
| Total equity and liabilities | 10/49 | €4,123,845 | €3,778,162 | -€345,683 | -8.4% |
| Equity | 10/15 | -€818,235 | -€1,275,971 | -€457,736 | -55.9% |
| Contributions | 10/11 | €412,000 | €412,000 | = | 0.0% |
| Outside capital | 11 | €412,000 | €412,000 | = | 0.0% |
| Other | 1109/19 | €412,000 | €412,000 | = | 0.0% |
| Reserves | 13 | €4,197 | €4,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,197 | €4,197 | = | 0.0% |
| Legal reserve | 130 | €4,197 | €4,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,234,432 | -€1,692,168 | -€457,736 | -37.1% |
| Amounts payable | 17/49 | €4,942,080 | €5,054,133 | +€112,053 | +2.3% |
| Amounts payable within one year | 42/48 | €4,942,080 | €5,054,089 | +€112,009 | +2.3% |
| Financial debts | 43 | €4,907,456 | €4,896,000 | -€11,456 | -0.2% |
| Credit institutions | 430/8 | €4,907,456 | €4,896,000 | -€11,456 | -0.2% |
| Trade debts | 44 | €34,040 | €158,089 | +€124,049 | +364.4% |
| Suppliers | 440/4 | €34,040 | €158,089 | +€124,049 | +364.4% |
| Taxes, remuneration and social security | 45 | €584 | - | -€584 | |
| Taxes | 450/3 | €166 | - | -€166 | |
| Remuneration and social security | 454/9 | €418 | - | -€418 | |
| Accrued charges and deferred income | 492/3 | - | €44 | +€44 | |
| Turnover | 70 | €4,768 | €6,656 | +€1,888 | +39.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €246,362 | €113,956 | -€132,406 | -53.7% |
| Remuneration, social security and pensions | 62 | €7,623 | €5,449 | -€2,174 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,548 | €12,548 | -€0 | 0.0% |
| Other operating charges | 640/8 | €16,806 | €139,734 | +€122,928 | +731.5% |
| Gross operating margin | 9900 | -€241,592 | -€107,300 | +€134,292 | +55.6% |
| Operating profit (loss) | 9901 | -€278,570 | -€265,031 | +€13,539 | +4.9% |
| Financial income | 75/76B | €6,252 | €4,639 | -€1,613 | -25.8% |
| Recurring financial income | 75 | €6,252 | €4,639 | -€1,613 | -25.8% |
| Financial charges | 65/66B | €269,571 | €197,344 | -€72,227 | -26.8% |
| Recurring financial charges | 65 | €269,571 | €197,344 | -€72,227 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€541,889 | -€457,736 | +€84,153 | +15.5% |
| Profit (loss) for the period | 9904 | -€541,889 | -€457,736 | +€84,153 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€541,889 | -€457,736 | +€84,153 | +15.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.