LEROY Caroline: 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.
LEROY Caroline
Largest movements
- Cash -€44,929
down €44,929 (-68.3%), from €65,760 to €20,831
mainly Debts after one year (-€44,702) and Current investments (-€24,000)
- Current investments +€24,000
up €24,000 (+32.4%), from €74,000 to €98,000
- Intangible fixed assets -€20,264
down €20,264 (-16.8%), from €120,812 to €100,548
- Tangible fixed assets -€13,398
down €13,398 (-4.1%), from €327,012 to €313,614
of which Land and buildings: -€7,387
- Deferred charges and accrued income +€9,573
up €9,573 (+13,342%), from €72 to €9,645
- Debts after one year -€44,702
down €44,702 (-15.8%), from €283,346 to €238,644
- Gross operating margin -€90,666
down €90,666 (-60.7%), from €149,463 to €58,797
- Taxes -€27,765
down €27,765 (-98.7%), from €28,136 to €372
- Staff costs +€3,407
up €3,407 (+43.5%), from €7,837 to €11,243
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 | €588,716 | €552,364 | -€36,351 | -6.2% |
| Fixed assets | 21/28 | €447,824 | €414,162 | -€33,662 | -7.5% |
| Intangible fixed assets | 21 | €120,812 | €100,548 | -€20,264 | -16.8% |
| Tangible fixed assets | 22/27 | €327,012 | €313,614 | -€13,398 | -4.1% |
| Land and buildings | 22 | €222,735 | €215,348 | -€7,387 | -3.3% |
| Furniture and vehicles | 24 | €5,735 | €4,938 | -€796 | -13.9% |
| Other tangible fixed assets | 26 | €98,542 | €93,327 | -€5,215 | -5.3% |
| Current assets | 29/58 | €140,891 | €138,202 | -€2,689 | -1.9% |
| Amounts receivable within one year | 40/41 | €1,060 | €9,727 | +€8,667 | +818% |
| Other amounts receivable | 41 | €1,060 | €9,727 | +€8,667 | +818% |
| Current investments | 50/53 | €74,000 | €98,000 | +€24,000 | +32.4% |
| Cash at bank and in hand | 54/58 | €65,760 | €20,831 | -€44,929 | -68.3% |
| Deferred charges and accrued income | 490/1 | €72 | €9,645 | +€9,573 | +13,342% |
| Total equity and liabilities | 10/49 | €588,716 | €552,364 | -€36,351 | -6.2% |
| Equity | 10/15 | €252,161 | €252,420 | +€260 | +0.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €230,000 | €230,000 | = | 0.0% |
| Distributable reserves | 133 | €230,000 | €230,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,161 | €17,420 | +€260 | +1.5% |
| Amounts payable | 17/49 | €336,555 | €299,944 | -€36,611 | -10.9% |
| Amounts payable after more than one year | 17 | €283,346 | €238,644 | -€44,702 | -15.8% |
| Financial debts | 170/4 | €283,346 | €238,644 | -€44,702 | -15.8% |
| Amounts payable within one year | 42/48 | €53,209 | €61,300 | +€8,092 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | €44,056 | €44,702 | +€646 | +1.5% |
| Trade debts | 44 | €139 | €369 | +€231 | +167% |
| Suppliers | 440/4 | €139 | €369 | +€231 | +167% |
| Taxes, remuneration and social security | 45 | €5,549 | €11,132 | +€5,583 | +101% |
| Taxes | 450/3 | €4,514 | €4,440 | -€73 | -1.6% |
| Remuneration and social security | 454/9 | €1,035 | €6,692 | +€5,657 | +546% |
| Other amounts payable | 47/48 | €3,465 | €5,096 | +€1,631 | +47.1% |
| Remuneration, social security and pensions | 62 | €7,837 | €11,243 | +€3,407 | +43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,526 | €41,209 | -€317 | -0.8% |
| Other operating charges | 640/8 | €1,123 | €1,108 | -€15 | -1.3% |
| Gross operating margin | 9900 | €149,463 | €58,797 | -€90,666 | -60.7% |
| Operating profit (loss) | 9901 | €98,977 | €5,236 | -€93,741 | -94.7% |
| Financial income | 75/76B | €16 | €195 | +€180 | +1,157% |
| Recurring financial income | 75 | €16 | €195 | +€180 | +1,157% |
| Financial charges | 65/66B | €5,660 | €4,800 | -€860 | -15.2% |
| Recurring financial charges | 65 | €5,660 | €4,800 | -€860 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €93,332 | €631 | -€92,701 | -99.3% |
| Income taxes | 67/77 | €28,136 | €372 | -€27,765 | -98.7% |
| Profit (loss) for the period | 9904 | €65,196 | €260 | -€64,937 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,196 | €260 | -€64,937 | -99.6% |
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 28 October 2026 via checked.be.