LEPORTUGESH: 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.
LEPORTUGESH
Largest movements
- Receivables within one year +€27,375
up €27,375 (+142.4%), from €19,221 to €46,596
of which Trade receivables: +€32,056
- Tangible fixed assets +€13,011
up €13,011 (+238.3%), from €5,461 to €18,473
- Stocks and contracts +€8,141
up €8,141 (+31.5%), from €25,806 to €33,946
- Cash +€5,362
up €5,362 (+349.3%), from €1,535 to €6,897
mainly Trade debts (+€57,913) and Debts after one year (+€24,368)
- Financial fixed assets +€4,446
new in 2025: €4,446
- Trade debts +€57,913
up €57,913 (+129.8%), from €44,609 to €102,522
- Profit (loss) carried forward -€49,025
down €49,025 (-1434.6%), from -€3,417 to -€52,443
- Debts after one year +€24,368
new in 2025: €24,368
- Tax, wage and social debts +€22,581
up €22,581, from €0 to €22,581
of which Remuneration and social security: +€14,742
- Current portion of long-term debt +€6,514
new in 2025: €6,514
- Staff costs +€60,784
new in 2025: €60,784
- Gross operating margin +€26,249
up €26,249, from -€2,991 to €23,259
- Depreciation +€5,129
up €5,129 (+103402.2%), from €5 to €5,134
- Other operating charges +€3,959
up €3,959 (+938.5%), from €422 to €4,381
- Financial charges +€2,004
new in 2025: €2,004
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 | €52,023 | €113,493 | +€61,470 | +118.2% |
| Fixed assets | 21/28 | €5,461 | €25,892 | +€20,431 | +374.1% |
| Intangible fixed assets | 21 | - | €2,974 | +€2,974 | |
| Tangible fixed assets | 22/27 | €5,461 | €18,473 | +€13,011 | +238.3% |
| Furniture and vehicles | 24 | €5,461 | €18,473 | +€13,011 | +238.3% |
| Financial fixed assets | 28 | - | €4,446 | +€4,446 | |
| Current assets | 29/58 | €46,562 | €87,601 | +€41,039 | +88.1% |
| Stocks and contracts in progress | 3 | €25,806 | €33,946 | +€8,141 | +31.5% |
| Stocks | 30/36 | €25,806 | €33,946 | +€8,141 | +31.5% |
| Amounts receivable within one year | 40/41 | €19,221 | €46,596 | +€27,375 | +142.4% |
| Trade receivables | 40 | €13,881 | €45,937 | +€32,056 | +230.9% |
| Other amounts receivable | 41 | €5,340 | €659 | -€4,681 | -87.7% |
| Cash at bank and in hand | 54/58 | €1,535 | €6,897 | +€5,362 | +349.3% |
| Deferred charges and accrued income | 490/1 | - | €162 | +€162 | |
| Total equity and liabilities | 10/49 | €52,023 | €113,493 | +€61,470 | +118.2% |
| Equity | 10/15 | €1,583 | -€47,443 | -€49,025 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,417 | -€52,443 | -€49,025 | -1434.6% |
| Amounts payable | 17/49 | €50,440 | €160,936 | +€110,496 | +219.1% |
| Amounts payable after more than one year | 17 | - | €24,368 | +€24,368 | |
| Financial debts | 170/4 | - | €24,368 | +€24,368 | |
| Amounts payable within one year | 42/48 | €50,440 | €136,568 | +€86,128 | +170.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,514 | +€6,514 | |
| Trade debts | 44 | €44,609 | €102,522 | +€57,913 | +129.8% |
| Suppliers | 440/4 | €44,609 | €102,522 | +€57,913 | +129.8% |
| Taxes, remuneration and social security | 45 | €0 | €22,581 | +€22,581 | |
| Taxes | 450/3 | €0 | €7,839 | +€7,839 | |
| Remuneration and social security | 454/9 | - | €14,742 | +€14,742 | |
| Other amounts payable | 47/48 | €5,831 | €4,951 | -€880 | -15.1% |
| Remuneration, social security and pensions | 62 | - | €60,784 | +€60,784 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5 | €5,134 | +€5,129 | +103402.2% |
| Other operating charges | 640/8 | €422 | €4,381 | +€3,959 | +938.5% |
| Gross operating margin | 9900 | -€2,991 | €23,259 | +€26,249 | |
| Operating profit (loss) | 9901 | -€3,417 | -€47,040 | -€43,622 | -1276.5% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | - | €2,004 | +€2,004 | |
| Recurring financial charges | 65 | - | €2,004 | +€2,004 | |
| Profit (loss) for the period before taxes | 9903 | -€3,417 | -€49,025 | -€45,608 | -1334.6% |
| Profit (loss) for the period | 9904 | -€3,417 | -€49,025 | -€45,608 | -1334.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,417 | -€49,025 | -€45,608 | -1334.6% |
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 10 October 2026 via checked.be.