LEOS CONSULT: 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.
LEOS CONSULT
Largest movements
- Receivables within one year -€46,251
down €46,251 (-70.8%), from €65,295 to €19,044
of which Trade receivables: -€48,062
- Cash -€41,709
down €41,709 (-46.6%), from €89,486 to €47,777
mainly Other debts (-€58,760) and Contributions, distributions and other (-€56,700)
- Tangible fixed assets +€8,053
up €8,053 (+95.2%), from €8,462 to €16,515
of which Furniture and vehicles: +€4,842
- Other debts -€58,760
down €58,760 (-47.2%), from €124,408 to €65,648
- Tax, wage and social debts -€14,137
down €14,137 (-52.7%), from €26,801 to €12,664
- Trade debts -€6,431
down €6,431 (-67.3%), from €9,552 to €3,121
- Gross operating margin -€2,490
down €2,490 (-3.2%), from €78,375 to €75,885
- Depreciation +€2,081
up €2,081 (+275.3%), from €756 to €2,838
- Taxes -€1,843
down €1,843 (-10.8%), from €17,092 to €15,249
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 | €164,419 | €84,487 | -€79,932 | -48.6% |
| Fixed assets | 21/28 | €8,462 | €16,515 | +€8,053 | +95.2% |
| Tangible fixed assets | 22/27 | €8,462 | €16,515 | +€8,053 | +95.2% |
| Plant, machinery and equipment | 23 | €8,462 | €11,673 | +€3,211 | +37.9% |
| Furniture and vehicles | 24 | - | €4,842 | +€4,842 | |
| Current assets | 29/58 | €155,957 | €67,972 | -€87,985 | -56.4% |
| Amounts receivable within one year | 40/41 | €65,295 | €19,044 | -€46,251 | -70.8% |
| Trade receivables | 40 | €64,354 | €16,293 | -€48,062 | -74.7% |
| Other amounts receivable | 41 | €940 | €2,751 | +€1,811 | +192.6% |
| Cash at bank and in hand | 54/58 | €89,486 | €47,777 | -€41,709 | -46.6% |
| Deferred charges and accrued income | 490/1 | €1,176 | €1,151 | -€25 | -2.1% |
| Total equity and liabilities | 10/49 | €164,419 | €84,487 | -€79,932 | -48.6% |
| Equity | 10/15 | €3,658 | €3,054 | -€604 | -16.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €658 | €54 | -€604 | -91.8% |
| Amounts payable | 17/49 | €160,761 | €81,433 | -€79,328 | -49.3% |
| Amounts payable within one year | 42/48 | €160,761 | €81,433 | -€79,328 | -49.3% |
| Trade debts | 44 | €9,552 | €3,121 | -€6,431 | -67.3% |
| Suppliers | 440/4 | €9,552 | €3,121 | -€6,431 | -67.3% |
| Taxes, remuneration and social security | 45 | €26,801 | €12,664 | -€14,137 | -52.7% |
| Taxes | 450/3 | €26,801 | €12,664 | -€14,137 | -52.7% |
| Other amounts payable | 47/48 | €124,408 | €65,648 | -€58,760 | -47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €756 | €2,838 | +€2,081 | +275.3% |
| Other operating charges | 640/8 | €687 | €990 | +€303 | +44.0% |
| Gross operating margin | 9900 | €78,375 | €75,885 | -€2,490 | -3.2% |
| Operating profit (loss) | 9901 | €76,931 | €72,057 | -€4,874 | -6.3% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €995 | €712 | -€283 | -28.4% |
| Recurring financial charges | 65 | €995 | €712 | -€283 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €75,949 | €71,345 | -€4,604 | -6.1% |
| Income taxes | 67/77 | €17,092 | €15,249 | -€1,843 | -10.8% |
| Profit (loss) for the period | 9904 | €58,857 | €56,096 | -€2,761 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,857 | €56,096 | -€2,761 | -4.7% |
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 8 October 2026 via checked.be.