LEROUX: 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.
LEROUX
Largest movements
- Cash +€20,872
up €20,872 (+286.3%), from €7,290 to €28,162
mainly Other debts (+€26,263) and Net result for the year (+€16,952)
- Tangible fixed assets -€8,786
down €8,786 (-18.0%), from €48,796 to €40,010
- Other debts +€26,263
up €26,263 (+649.4%), from €4,044 to €30,307
- Trade debts -€23,874
down €23,874 (-74.1%), from €32,226 to €8,352
- Reserves +€16,900
up €16,900 (+13.8%), from €122,060 to €138,960
- Debts after one year -€9,108
down €9,108 (-49.8%), from €18,276 to €9,168
- Staff costs -€6,564
down €6,564 (-5.7%), from €115,652 to €109,088
- Gross operating margin -€2,512
down €2,512 (-1.6%), from €152,972 to €150,460
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 | €455,214 | €465,423 | +€10,209 | +2.2% |
| Fixed assets | 21/28 | €54,928 | €42,842 | -€12,086 | -22.0% |
| Tangible fixed assets | 22/27 | €48,796 | €40,010 | -€8,786 | -18.0% |
| Plant, machinery and equipment | 23 | €21,715 | €18,874 | -€2,841 | -13.1% |
| Furniture and vehicles | 24 | €1,871 | €219 | -€1,652 | -88.3% |
| Other tangible fixed assets | 26 | €25,210 | €20,917 | -€4,293 | -17.0% |
| Financial fixed assets | 28 | €6,133 | €2,832 | -€3,301 | -53.8% |
| Current assets | 29/58 | €400,286 | €422,581 | +€22,295 | +5.6% |
| Stocks and contracts in progress | 3 | €381,703 | €384,220 | +€2,517 | +0.7% |
| Stocks | 30/36 | €381,703 | €384,220 | +€2,517 | +0.7% |
| Amounts receivable within one year | 40/41 | €7,964 | €6,732 | -€1,232 | -15.5% |
| Trade receivables | 40 | €2,574 | €904 | -€1,670 | -64.9% |
| Other amounts receivable | 41 | €5,389 | €5,828 | +€439 | +8.1% |
| Cash at bank and in hand | 54/58 | €7,290 | €28,162 | +€20,872 | +286.3% |
| Deferred charges and accrued income | 490/1 | €3,329 | €3,467 | +€138 | +4.1% |
| Total equity and liabilities | 10/49 | €455,214 | €465,423 | +€10,209 | +2.2% |
| Equity | 10/15 | €382,523 | €399,475 | +€16,952 | +4.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €122,060 | €138,960 | +€16,900 | +13.8% |
| Distributable reserves | 133 | €122,060 | €138,960 | +€16,900 | +13.8% |
| Profit (loss) carried forward | 14 | €248,063 | €248,115 | +€52 | 0.0% |
| Amounts payable | 17/49 | €72,691 | €65,948 | -€6,743 | -9.3% |
| Amounts payable after more than one year | 17 | €18,276 | €9,168 | -€9,108 | -49.8% |
| Financial debts | 170/4 | €18,276 | €9,168 | -€9,108 | -49.8% |
| Amounts payable within one year | 42/48 | €54,415 | €56,021 | +€1,606 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €5,576 | €5,808 | +€232 | +4.2% |
| Trade debts | 44 | €32,226 | €8,352 | -€23,874 | -74.1% |
| Suppliers | 440/4 | €32,226 | €8,352 | -€23,874 | -74.1% |
| Taxes, remuneration and social security | 45 | €12,569 | €11,554 | -€1,015 | -8.1% |
| Taxes | 450/3 | €5,152 | €5,456 | +€304 | +5.9% |
| Remuneration and social security | 454/9 | €7,417 | €6,098 | -€1,319 | -17.8% |
| Other amounts payable | 47/48 | €4,044 | €30,307 | +€26,263 | +649.4% |
| Accrued charges and deferred income | 492/3 | - | €759 | +€759 | |
| Remuneration, social security and pensions | 62 | €115,652 | €109,088 | -€6,564 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,733 | €12,796 | +€63 | +0.5% |
| Other operating charges | 640/8 | €1,564 | €2,505 | +€941 | +60.1% |
| Gross operating margin | 9900 | €152,972 | €150,460 | -€2,512 | -1.6% |
| Operating profit (loss) | 9901 | €23,022 | €26,071 | +€3,049 | +13.2% |
| Financial income | 75/76B | €1,375 | €1,193 | -€182 | -13.2% |
| Recurring financial income | 75 | €1,375 | €1,193 | -€182 | -13.2% |
| Financial charges | 65/66B | €1,766 | €1,377 | -€389 | -22.0% |
| Recurring financial charges | 65 | €1,766 | €1,377 | -€389 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €22,631 | €25,887 | +€3,256 | +14.4% |
| Income taxes | 67/77 | €7,843 | €8,935 | +€1,092 | +13.9% |
| Profit (loss) for the period | 9904 | €14,789 | €16,952 | +€2,163 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,789 | €16,952 | +€2,163 | +14.6% |
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 29 September 2026 via checked.be.