LEOVILLE PROPERTIES V: 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.
LEOVILLE PROPERTIES V
Largest movements
- Tangible fixed assets +€130,080
up €130,080 (+3.6%), from €3.6m to €3.8m
of which Assets under construction and advance payments: +€258,110
- Cash +€65,056
up €65,056 (+123%), from €52,952 to €118,008
mainly Other debts (+€303,591) and Depreciation (+€131,788)
- Other debts +€303,591
up €303,591 (+19.4%), from €1.6m to €1.9m
- Profit (loss) carried forward -€112,737
down €112,737 (-19.9%), from -€566,981 to -€679,718
- Gross operating margin -€99,438
down €99,438 (-58.6%), from €169,803 to €70,365
- Financial charges -€40,345
down €40,345 (-99.3%), from €40,623 to €278
- Depreciation +€33,455
up €33,455 (+34.0%), from €98,333 to €131,788
- Other operating charges +€16,954
up €16,954 (+49.7%), from €34,083 to €51,036
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,699,548 | €3,916,948 | +€217,399 | +5.9% |
| Fixed assets | 21/28 | €3,623,081 | €3,753,160 | +€130,080 | +3.6% |
| Tangible fixed assets | 22/27 | €3,623,081 | €3,753,160 | +€130,080 | +3.6% |
| Land and buildings | 22 | €3,622,722 | €3,495,050 | -€127,672 | -3.5% |
| Plant, machinery and equipment | 23 | €359 | €0 | -€359 | -100% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | - | €258,110 | +€258,110 | |
| Current assets | 29/58 | €76,468 | €163,787 | +€87,320 | +114% |
| Amounts receivable within one year | 40/41 | €2,031 | €15,983 | +€13,952 | +687% |
| Trade receivables | 40 | €2,031 | €15,983 | +€13,952 | +687% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €52,952 | €118,008 | +€65,056 | +123% |
| Deferred charges and accrued income | 490/1 | €21,485 | €29,796 | +€8,311 | +38.7% |
| Total equity and liabilities | 10/49 | €3,699,548 | €3,916,948 | +€217,399 | +5.9% |
| Equity | 10/15 | €2,111,459 | €1,998,722 | -€112,737 | -5.3% |
| Contributions | 10/11 | €2,435,000 | €2,435,000 | = | 0.0% |
| Capital | 10 | €2,435,000 | €2,435,000 | = | 0.0% |
| Issued capital | 100 | €2,435,000 | €2,435,000 | = | 0.0% |
| Reserves | 13 | €243,440 | €243,440 | = | 0.0% |
| Non-distributable reserves | 130/1 | €243,440 | €243,440 | = | 0.0% |
| Legal reserve | 130 | €243,440 | €243,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€566,981 | -€679,718 | -€112,737 | -19.9% |
| Amounts payable | 17/49 | €1,588,089 | €1,918,226 | +€330,137 | +20.8% |
| Amounts payable after more than one year | 17 | €0 | €3,000 | +€3,000 | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | - | €3,000 | +€3,000 | |
| Amounts payable within one year | 42/48 | €1,583,149 | €1,910,863 | +€327,714 | +20.7% |
| Trade debts | 44 | €18,455 | €42,578 | +€24,123 | +131% |
| Suppliers | 440/4 | €18,455 | €42,578 | +€24,123 | +131% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,564,695 | €1,868,286 | +€303,591 | +19.4% |
| Accrued charges and deferred income | 492/3 | €4,940 | €4,362 | -€578 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,333 | €131,788 | +€33,455 | +34.0% |
| Other operating charges | 640/8 | €34,083 | €51,036 | +€16,954 | +49.7% |
| Gross operating margin | 9900 | €169,803 | €70,365 | -€99,438 | -58.6% |
| Operating profit (loss) | 9901 | €37,388 | -€112,459 | -€149,847 | |
| Financial income | 75/76B | €859 | €0 | -€859 | -100% |
| Recurring financial income | 75 | €859 | €0 | -€859 | -100% |
| Financial charges | 65/66B | €40,623 | €278 | -€40,345 | -99.3% |
| Recurring financial charges | 65 | €40,623 | €278 | -€40,345 | -99.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,376 | -€112,737 | -€110,361 | -4,644% |
| Income taxes | 67/77 | €2 | €0 | -€2 | -100% |
| Profit (loss) for the period | 9904 | -€2,379 | -€112,737 | -€110,359 | -4,640% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,379 | -€112,737 | -€110,359 | -4,640% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.