LEROI JONATHAN: 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.
LEROI JONATHAN
Largest movements
- Cash +€54,645
up €54,645 (+33.8%), from €161,621 to €216,266
mainly Net result for the year (+€47,805) and Receivables within one year (+€8,868)
- Receivables within one year -€8,868
down €8,868 (-63.0%), from €14,080 to €5,211
of which Other amounts receivable: -€6,245
- Deferred charges and accrued income +€6,463
up €6,463 (+44.0%), from €14,700 to €21,163
- Tangible fixed assets -€5,887
down €5,887 (-25.2%), from €23,376 to €17,488
of which Furniture and vehicles: -€4,525
- Reserves +€42,005
up €42,005 (+27.7%), from €151,793 to €193,798
of which Distributable reserves: +€42,005
- Other debts +€5,460
up €5,460 (+105%), from €5,189 to €10,649
- Debts after one year -€3,895
down €3,895 (-26.9%), from €14,500 to €10,605
- Gross operating margin +€11,618
up €11,618 (+17.6%), from €66,075 to €77,693
- Taxes +€8,580
up €8,580 (+70.2%), from €12,223 to €20,803
- Depreciation +€2,012
up €2,012 (+51.9%), from €3,875 to €5,887
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 | €213,866 | €260,218 | +€46,352 | +21.7% |
| Fixed assets | 21/28 | €23,466 | €17,578 | -€5,887 | -25.1% |
| Tangible fixed assets | 22/27 | €23,376 | €17,488 | -€5,887 | -25.2% |
| Plant, machinery and equipment | 23 | €3,249 | €1,887 | -€1,362 | -41.9% |
| Furniture and vehicles | 24 | €20,127 | €15,602 | -€4,525 | -22.5% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €190,400 | €242,640 | +€52,240 | +27.4% |
| Amounts receivable within one year | 40/41 | €14,080 | €5,211 | -€8,868 | -63.0% |
| Trade receivables | 40 | €5,115 | €2,492 | -€2,623 | -51.3% |
| Other amounts receivable | 41 | €8,965 | €2,720 | -€6,245 | -69.7% |
| Cash at bank and in hand | 54/58 | €161,621 | €216,266 | +€54,645 | +33.8% |
| Deferred charges and accrued income | 490/1 | €14,700 | €21,163 | +€6,463 | +44.0% |
| Total equity and liabilities | 10/49 | €213,866 | €260,218 | +€46,352 | +21.7% |
| Equity | 10/15 | €173,827 | €215,832 | +€42,005 | +24.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €151,793 | €193,798 | +€42,005 | +27.7% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €151,173 | €193,178 | +€42,005 | +27.8% |
| Profit (loss) carried forward | 14 | €15,834 | €15,834 | = | 0.0% |
| Amounts payable | 17/49 | €40,039 | €44,386 | +€4,347 | +10.9% |
| Amounts payable after more than one year | 17 | €14,500 | €10,605 | -€3,895 | -26.9% |
| Financial debts | 170/4 | €14,500 | €10,605 | -€3,895 | -26.9% |
| Amounts payable within one year | 42/48 | €25,538 | €33,721 | +€8,182 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €3,711 | €4,211 | +€501 | +13.5% |
| Financial debts | 43 | €685 | €682 | -€2 | -0.3% |
| Credit institutions | 430/8 | €685 | €682 | -€2 | -0.3% |
| Trade debts | 44 | €2,152 | €2,226 | +€74 | +3.5% |
| Suppliers | 440/4 | €2,152 | €2,226 | +€74 | +3.5% |
| Taxes, remuneration and social security | 45 | €13,802 | €15,952 | +€2,149 | +15.6% |
| Taxes | 450/3 | €8,340 | €10,236 | +€1,896 | +22.7% |
| Remuneration and social security | 454/9 | €5,462 | €5,715 | +€253 | +4.6% |
| Other amounts payable | 47/48 | €5,189 | €10,649 | +€5,460 | +105% |
| Accrued charges and deferred income | 492/3 | - | €60 | +€60 | |
| Remuneration, social security and pensions | 62 | €0 | €569 | +€569 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,875 | €5,887 | +€2,012 | +51.9% |
| Other operating charges | 640/8 | €569 | €800 | +€231 | +40.5% |
| Non-recurring operating charges | 66A | €4,600 | €534 | -€4,066 | -88.4% |
| Gross operating margin | 9900 | €66,075 | €77,693 | +€11,618 | +17.6% |
| Operating profit (loss) | 9901 | €57,031 | €69,903 | +€12,873 | +22.6% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.6% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.6% |
| Financial charges | 65/66B | €1,077 | €1,295 | +€218 | +20.3% |
| Recurring financial charges | 65 | €1,077 | €1,295 | +€218 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €55,959 | €68,608 | +€12,649 | +22.6% |
| Income taxes | 67/77 | €12,223 | €20,803 | +€8,580 | +70.2% |
| Profit (loss) for the period | 9904 | €43,736 | €47,805 | +€4,069 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,736 | €47,805 | +€4,069 | +9.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.