LEROY ELECTROTECHNICAL ENGINEERING: 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 ELECTROTECHNICAL ENGINEERING
Largest movements
- Receivables within one year -€71,473
down €71,473 (-94.8%), from €75,368 to €3,895
of which Trade receivables: -€58,998
- Cash +€48,797
up €48,797 (+80.0%), from €60,997 to €109,794
mainly Receivables within one year (+€71,473) and Net result for the year (+€25,971)
- Tangible fixed assets -€10,456
down €10,456 (-19.7%), from €53,184 to €42,728
- Trade debts -€55,418
down €55,418 (-80.3%), from €69,027 to €13,609
- Profit (loss) carried forward +€25,971
up €25,971 (+30.4%), from €85,494 to €111,465
- Debts after one year -€7,470
down €7,470 (-37.6%), from €19,884 to €12,414
- Tax, wage and social debts +€3,077
new in 2025: €3,077
- Purchases and services -€145,272
down €145,272 (-39.7%), from €365,795 to €220,523
- Turnover -€141,258
down €141,258 (-34.4%), from €410,373 to €269,116
- Depreciation -€4,433
down €4,433 (-29.8%), from €14,889 to €10,456
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 | €191,299 | €158,167 | -€33,132 | -17.3% |
| Fixed assets | 21/28 | €54,934 | €44,478 | -€10,456 | -19.0% |
| Tangible fixed assets | 22/27 | €53,184 | €42,728 | -€10,456 | -19.7% |
| Furniture and vehicles | 24 | €53,184 | €42,728 | -€10,456 | -19.7% |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €136,365 | €113,689 | -€22,676 | -16.6% |
| Amounts receivable within one year | 40/41 | €75,368 | €3,895 | -€71,473 | -94.8% |
| Trade receivables | 40 | €58,998 | - | -€58,998 | |
| Other amounts receivable | 41 | €16,370 | €3,895 | -€12,475 | -76.2% |
| Cash at bank and in hand | 54/58 | €60,997 | €109,794 | +€48,797 | +80.0% |
| Total equity and liabilities | 10/49 | €191,299 | €158,167 | -€33,132 | -17.3% |
| Equity | 10/15 | €91,694 | €117,665 | +€25,971 | +28.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,494 | €111,465 | +€25,971 | +30.4% |
| Amounts payable | 17/49 | €99,605 | €40,502 | -€59,103 | -59.3% |
| Amounts payable after more than one year | 17 | €19,884 | €12,414 | -€7,470 | -37.6% |
| Financial debts | 170/4 | €19,884 | €12,414 | -€7,470 | -37.6% |
| Amounts payable within one year | 42/48 | €79,721 | €28,088 | -€51,633 | -64.8% |
| Current portion of amounts payable after more than one year | 42 | €10,695 | €9,747 | -€948 | -8.9% |
| Trade debts | 44 | €69,027 | €13,609 | -€55,418 | -80.3% |
| Suppliers | 440/4 | €69,027 | €13,609 | -€55,418 | -80.3% |
| Advances received on contracts in progress | 46 | - | €1,645 | +€1,645 | |
| Taxes, remuneration and social security | 45 | - | €3,077 | +€3,077 | |
| Taxes | 450/3 | - | €3,077 | +€3,077 | |
| Other amounts payable | 47/48 | - | €10 | +€10 | |
| Turnover | 70 | €410,373 | €269,116 | -€141,258 | -34.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €365,795 | €220,523 | -€145,272 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,889 | €10,456 | -€4,433 | -29.8% |
| Other operating charges | 640/8 | €3,339 | €333 | -€3,006 | -90.0% |
| Gross operating margin | 9900 | €44,578 | €48,592 | +€4,014 | +9.0% |
| Operating profit (loss) | 9901 | €26,350 | €37,802 | +€11,453 | +43.5% |
| Financial charges | 65/66B | €887 | €1,719 | +€832 | +93.7% |
| Recurring financial charges | 65 | €887 | €1,719 | +€832 | +93.7% |
| Profit (loss) for the period before taxes | 9903 | €25,463 | €36,084 | +€10,621 | +41.7% |
| Income taxes | 67/77 | €6,497 | €10,113 | +€3,616 | +55.7% |
| Profit (loss) for the period | 9904 | €18,966 | €25,971 | +€7,005 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,966 | €25,971 | +€7,005 | +36.9% |
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 22 October 2026 via checked.be.