Leovicus: 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.
Leovicus
Largest movements
- Receivables within one year +€133,779
new in 2025: €133,779
of which Trade receivables: +€123,394
- Tangible fixed assets +€54,508
new in 2025: €54,508
of which Furniture and vehicles: +€46,397
- Cash +€3,620
up €3,620 (+13.1%), from €27,652 to €31,272
mainly Net result for the year (+€129,738) and Debts after one year (+€60,000)
- Profit (loss) carried forward +€97,578
no longer reported in 2025 (was -€97,578)
- Debts after one year +€60,000
new in 2025: €60,000
- Reserves +€32,160
up €32,160 (+111552.0%), from €29 to €32,189
of which Distributable reserves: +€32,189
- Other debts -€6,963
down €6,963 (-94.4%), from €7,379 to €416
- Accrued charges and deferred income +€4,704
new in 2025: €4,704
- Gross operating margin +€161,988
up €161,988, from -€4,404 to €157,583
- Financial income -€61,079
no longer reported in 2025 (was €61,079)
of which Financial income: -€61,079
- Taxes +€15,533
new in 2025: €15,533
- Depreciation +€8,472
new in 2025: €8,472
- Financial charges +€2,279
up €2,279 (+1464.1%), from €156 to €2,435
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 | €27,652 | €219,560 | +€191,908 | +694.0% |
| Fixed assets | 21/28 | - | €54,508 | +€54,508 | |
| Tangible fixed assets | 22/27 | - | €54,508 | +€54,508 | |
| Plant, machinery and equipment | 23 | - | €453 | +€453 | |
| Furniture and vehicles | 24 | - | €46,397 | +€46,397 | |
| Other tangible fixed assets | 26 | - | €7,658 | +€7,658 | |
| Current assets | 29/58 | €27,652 | €165,052 | +€137,399 | +496.9% |
| Amounts receivable within one year | 40/41 | - | €133,779 | +€133,779 | |
| Trade receivables | 40 | - | €123,394 | +€123,394 | |
| Other amounts receivable | 41 | - | €10,385 | +€10,385 | |
| Cash at bank and in hand | 54/58 | €27,652 | €31,272 | +€3,620 | +13.1% |
| Total equity and liabilities | 10/49 | €27,652 | €219,560 | +€191,908 | +694.0% |
| Equity | 10/15 | €19,451 | €149,189 | +€129,738 | +667.0% |
| Contributions | 10/11 | €117,000 | €117,000 | = | 0.0% |
| Capital | 10 | €117,000 | - | -€117,000 | |
| Issued capital | 100 | €117,000 | - | -€117,000 | |
| Reserves | 13 | €29 | €32,189 | +€32,160 | +111552.0% |
| Non-distributable reserves | 130/1 | €29 | - | -€29 | |
| Legal reserve | 130 | €29 | - | -€29 | |
| Distributable reserves | 133 | - | €32,189 | +€32,189 | |
| Profit (loss) carried forward | 14 | -€97,578 | - | +€97,578 | |
| Amounts payable | 17/49 | €8,201 | €70,371 | +€62,169 | +758.0% |
| Amounts payable after more than one year | 17 | - | €60,000 | +€60,000 | |
| Other amounts payable | 178/9 | - | €60,000 | +€60,000 | |
| Amounts payable within one year | 42/48 | €8,201 | €5,667 | -€2,535 | -30.9% |
| Trade debts | 44 | €822 | €1,742 | +€919 | +111.8% |
| Suppliers | 440/4 | €822 | €1,742 | +€919 | +111.8% |
| Taxes, remuneration and social security | 45 | - | €3,509 | +€3,509 | |
| Remuneration and social security | 454/9 | - | €3,509 | +€3,509 | |
| Other amounts payable | 47/48 | €7,379 | €416 | -€6,963 | -94.4% |
| Accrued charges and deferred income | 492/3 | - | €4,704 | +€4,704 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,472 | +€8,472 | |
| Other operating charges | 640/8 | €999 | €1,404 | +€406 | +40.6% |
| Gross operating margin | 9900 | -€4,404 | €157,583 | +€161,988 | |
| Operating profit (loss) | 9901 | -€5,403 | €147,707 | +€153,110 | |
| Financial income | 75/76B | €61,079 | - | -€61,079 | |
| Recurring financial income | 75 | €61,079 | - | -€61,079 | |
| Non-recurring financial income | 76B | €61,079 | - | -€61,079 | |
| Financial charges | 65/66B | €156 | €2,435 | +€2,279 | +1464.1% |
| Recurring financial charges | 65 | €156 | €2,435 | +€2,279 | +1464.1% |
| Profit (loss) for the period before taxes | 9903 | €55,520 | €145,271 | +€89,751 | +161.7% |
| Income taxes | 67/77 | - | €15,533 | +€15,533 | |
| Profit (loss) for the period | 9904 | €55,520 | €129,738 | +€74,218 | +133.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,520 | €129,738 | +€74,218 | +133.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.