LEOS: 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.
LEOS
Largest movements
- Cash -€9,845
down €9,845 (-53.0%), from €18,571 to €8,726
mainly Other debts (-€12,028) and Net result for the year (-€7,288)
- Tangible fixed assets -€6,130
down €6,130 (-21.5%), from €28,530 to €22,400
of which Furniture and vehicles: -€5,356
- Receivables within one year +€2,460
up €2,460 (+8.0%), from €30,771 to €33,230
of which Other amounts receivable: +€1,508
- Other debts -€12,028
down €12,028 (-18.3%), from €65,564 to €53,536
- Profit (loss) carried forward -€7,288
down €7,288 (-38.7%), from -€18,844 to -€26,132
- Trade debts +€5,800
up €5,800 (+286.6%), from €2,024 to €7,824
- Gross operating margin -€81,843
down €81,843 (-98.1%), from €83,431 to €1,588
- Staff costs -€30,826
no longer reported in 2025 (was €30,826)
- Financial charges -€3,729
down €3,729, from €1,753 to -€1,976
- Other operating charges +€1,126
up €1,126 (+31.3%), from €3,596 to €4,722
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 | €77,872 | €64,356 | -€13,516 | -17.4% |
| Fixed assets | 21/28 | €28,530 | €22,400 | -€6,130 | -21.5% |
| Tangible fixed assets | 22/27 | €28,530 | €22,400 | -€6,130 | -21.5% |
| Land and buildings | 22 | €11,611 | €10,837 | -€774 | -6.7% |
| Furniture and vehicles | 24 | €16,919 | €11,563 | -€5,356 | -31.7% |
| Current assets | 29/58 | €49,342 | €41,956 | -€7,386 | -15.0% |
| Amounts receivable within one year | 40/41 | €30,771 | €33,230 | +€2,460 | +8.0% |
| Trade receivables | 40 | €30,000 | €30,952 | +€952 | +3.2% |
| Other amounts receivable | 41 | €771 | €2,278 | +€1,508 | +195.6% |
| Cash at bank and in hand | 54/58 | €18,571 | €8,726 | -€9,845 | -53.0% |
| Total equity and liabilities | 10/49 | €77,872 | €64,356 | -€13,516 | -17.4% |
| Equity | 10/15 | €10,284 | €2,996 | -€7,288 | -70.9% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Capital | 10 | - | €7,437 | +€7,437 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Uncalled capital | 101 | - | €11,155 | +€11,155 | |
| Reserves | 13 | €21,691 | €21,691 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €19,831 | €19,831 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,844 | -€26,132 | -€7,288 | -38.7% |
| Amounts payable | 17/49 | €67,588 | €61,360 | -€6,228 | -9.2% |
| Amounts payable within one year | 42/48 | €67,588 | €61,360 | -€6,228 | -9.2% |
| Trade debts | 44 | €2,024 | €7,824 | +€5,800 | +286.6% |
| Suppliers | 440/4 | €2,024 | €7,824 | +€5,800 | +286.6% |
| Other amounts payable | 47/48 | €65,564 | €53,536 | -€12,028 | -18.3% |
| Remuneration, social security and pensions | 62 | €30,826 | - | -€30,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,680 | €6,130 | -€550 | -8.2% |
| Other operating charges | 640/8 | €3,596 | €4,722 | +€1,126 | +31.3% |
| Gross operating margin | 9900 | €83,431 | €1,588 | -€81,843 | -98.1% |
| Operating profit (loss) | 9901 | €42,328 | -€9,264 | -€51,592 | |
| Financial charges | 65/66B | €1,753 | -€1,976 | -€3,729 | |
| Recurring financial charges | 65 | €1,753 | -€1,976 | -€3,729 | |
| Profit (loss) for the period before taxes | 9903 | €40,575 | -€7,288 | -€47,863 | |
| Profit (loss) for the period | 9904 | €40,575 | -€7,288 | -€47,863 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,575 | -€7,288 | -€47,863 |
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 11 October 2026 via checked.be.