LEOSQUARE: 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.
LEOSQUARE
Largest movements
- Cash +€269,309
up €269,309 (+547%), from €49,276 to €318,585
mainly Current investments (+€180,000) and Other debts (+€179,372)
- Current investments -€180,000
no longer reported in 2025 (was €180,000)
- Other debts +€179,372
up €179,372 (+137%), from €130,583 to €309,954
- Profit (loss) carried forward -€109,973
no longer reported in 2025 (was €109,973)
- Tax, wage and social debts +€15,733
up €15,733 (+99.6%), from €15,798 to €31,530
- Financial charges +€8,128
up €8,128 (+855%), from €950 to €9,079
- Financial income -€3,991
down €3,991 (-53.4%), from €7,480 to €3,489
- Taxes -€3,307
down €3,307 (-12.9%), from €25,634 to €22,327
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 | €276,984 | €361,708 | +€84,723 | +30.6% |
| Fixed assets | 21/28 | €644 | €1,134 | +€490 | +76.0% |
| Tangible fixed assets | 22/27 | €544 | €1,134 | +€590 | +108% |
| Furniture and vehicles | 24 | €544 | €1,134 | +€590 | +108% |
| Financial fixed assets | 28 | €100 | - | -€100 | |
| Current assets | 29/58 | €276,340 | €360,573 | +€84,233 | +30.5% |
| Amounts receivable within one year | 40/41 | €43,164 | €39,580 | -€3,584 | -8.3% |
| Trade receivables | 40 | €41,555 | €36,341 | -€5,214 | -12.5% |
| Other amounts receivable | 41 | €1,609 | €3,239 | +€1,630 | +101% |
| Current investments | 50/53 | €180,000 | - | -€180,000 | |
| Cash at bank and in hand | 54/58 | €49,276 | €318,585 | +€269,309 | +547% |
| Deferred charges and accrued income | 490/1 | €3,900 | €2,408 | -€1,491 | -38.2% |
| Total equity and liabilities | 10/49 | €276,984 | €361,708 | +€84,723 | +30.6% |
| Equity | 10/15 | €126,473 | €16,500 | -€109,973 | -87.0% |
| Contributions | 10/11 | €16,500 | €16,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,973 | - | -€109,973 | |
| Amounts payable | 17/49 | €150,511 | €345,208 | +€194,696 | +129% |
| Amounts payable within one year | 42/48 | €150,511 | €345,208 | +€194,696 | +129% |
| Financial debts | 43 | €1,371 | €1,383 | +€12 | +0.9% |
| Credit institutions | 430/8 | €1,371 | €1,383 | +€12 | +0.9% |
| Trade debts | 44 | €2,760 | €2,340 | -€420 | -15.2% |
| Suppliers | 440/4 | €2,760 | €2,340 | -€420 | -15.2% |
| Taxes, remuneration and social security | 45 | €15,798 | €31,530 | +€15,733 | +99.6% |
| Taxes | 450/3 | €15,798 | €31,530 | +€15,733 | +99.6% |
| Other amounts payable | 47/48 | €130,583 | €309,954 | +€179,372 | +137% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €357 | €12 | -€345 | -96.8% |
| Other operating charges | 640/8 | €1,568 | €1,475 | -€93 | -5.9% |
| Non-recurring operating charges | 66A | €63 | €286 | +€223 | +354% |
| Gross operating margin | 9900 | €108,556 | €108,211 | -€345 | -0.3% |
| Operating profit (loss) | 9901 | €106,568 | €106,438 | -€130 | -0.1% |
| Financial income | 75/76B | €7,480 | €3,489 | -€3,991 | -53.4% |
| Recurring financial income | 75 | €7,480 | €3,489 | -€3,991 | -53.4% |
| Financial charges | 65/66B | €950 | €9,079 | +€8,128 | +855% |
| Recurring financial charges | 65 | €950 | €9,079 | +€8,128 | +855% |
| Profit (loss) for the period before taxes | 9903 | €113,097 | €100,848 | -€12,249 | -10.8% |
| Income taxes | 67/77 | €25,634 | €22,327 | -€3,307 | -12.9% |
| Profit (loss) for the period | 9904 | €87,464 | €78,521 | -€8,943 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €87,464 | €78,521 | -€8,943 | -10.2% |
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 27 October 2026 via checked.be.