Leores: 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.
Leores
Largest movements
- Cash +€17,105
up €17,105 (+354%), from €4,839 to €21,943
mainly Net result for the year (+€16,854) and Tax, wage and social debts (+€8,883)
- Receivables within one year +€7,351
up €7,351 (+290%), from €2,531 to €9,882
of which Trade receivables: +€7,038
- Tangible fixed assets +€769
new in 2025: €769
- Reserves +€15,995
up €15,995 (+576%), from €2,779 to €18,774
- Tax, wage and social debts +€8,883
up €8,883 (+472%), from €1,882 to €10,765
of which Taxes: +€8,233
- Trade debts +€585
up €585 (+92.0%), from €635 to €1,220
- Gross operating margin +€18,467
up €18,467 (+317%), from €5,818 to €24,285
- Taxes +€3,288
up €3,288 (+238%), from €1,379 to €4,667
- Staff costs +€1,960
new in 2025: €1,960
- Other operating charges +€534
new in 2025: €534
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 | €7,370 | €32,618 | +€25,248 | +343% |
| Fixed assets | 21/28 | - | €769 | +€769 | |
| Tangible fixed assets | 22/27 | - | €769 | +€769 | |
| Furniture and vehicles | 24 | - | €769 | +€769 | |
| Current assets | 29/58 | €7,370 | €31,849 | +€24,479 | +332% |
| Amounts receivable within one year | 40/41 | €2,531 | €9,882 | +€7,351 | +290% |
| Trade receivables | 40 | €2,531 | €9,570 | +€7,038 | +278% |
| Other amounts receivable | 41 | - | €312 | +€312 | |
| Cash at bank and in hand | 54/58 | €4,839 | €21,943 | +€17,105 | +354% |
| Deferred charges and accrued income | 490/1 | - | €23 | +€23 | |
| Total equity and liabilities | 10/49 | €7,370 | €32,618 | +€25,248 | +343% |
| Equity | 10/15 | €3,779 | €19,774 | +€15,995 | +423% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €2,779 | €18,774 | +€15,995 | +576% |
| Distributable reserves | 133 | €2,779 | €18,774 | +€15,995 | +576% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,591 | €12,844 | +€9,253 | +258% |
| Amounts payable within one year | 42/48 | €3,591 | €12,844 | +€9,253 | +258% |
| Trade debts | 44 | €635 | €1,220 | +€585 | +92.0% |
| Suppliers | 440/4 | €635 | €1,220 | +€585 | +92.0% |
| Taxes, remuneration and social security | 45 | €1,882 | €10,765 | +€8,883 | +472% |
| Taxes | 450/3 | €1,882 | €10,115 | +€8,233 | +438% |
| Remuneration and social security | 454/9 | - | €650 | +€650 | |
| Other amounts payable | 47/48 | €1,074 | €859 | -€215 | -20.0% |
| Remuneration, social security and pensions | 62 | - | €1,960 | +€1,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €222 | +€222 | |
| Other operating charges | 640/8 | - | €534 | +€534 | |
| Gross operating margin | 9900 | €5,818 | €24,285 | +€18,467 | +317% |
| Operating profit (loss) | 9901 | €5,818 | €21,569 | +€15,751 | +271% |
| Financial income | 75/76B | €9 | €23 | +€14 | +164% |
| Recurring financial income | 75 | €9 | €23 | +€14 | +164% |
| Financial charges | 65/66B | €35 | €71 | +€36 | +102% |
| Recurring financial charges | 65 | €35 | €71 | +€36 | +102% |
| Profit (loss) for the period before taxes | 9903 | €5,791 | €21,521 | +€15,730 | +272% |
| Income taxes | 67/77 | €1,379 | €4,667 | +€3,288 | +238% |
| Profit (loss) for the period | 9904 | €4,412 | €16,854 | +€12,442 | +282% |
| Profit (loss) for the period to be appropriated | 9905 | €4,412 | €16,854 | +€12,442 | +282% |
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 26 October 2026 via checked.be.