LEROY Miguel: what changed
LEROY Miguel
Largest movements
- Receivables within one year +€46,959
up €46,959 (+46.9%), from €100,044 to €147,003
of which Other amounts receivable: +€27,099
- Intangible fixed assets -€19,649
down €19,649 (-19.7%), from €99,979 to €80,330
- Tangible fixed assets -€8,319
down €8,319 (-45.3%), from €18,360 to €10,041
of which Furniture and vehicles: -€7,819
- Profit (loss) carried forward +€53,790
up €53,790 (+308%), from €17,462 to €71,252
- Debts after one year -€19,330
down €19,330 (-21.7%), from €88,877 to €69,547
- Trade debts -€12,213
down €12,213 (-22.6%), from €53,957 to €41,744
- Advances received -€7,872
down €7,872 (-59.8%), from €13,172 to €5,300
- Short-term financial debts +€3,880
up €3,880 (+510%), from €760 to €4,640
- Gross operating margin +€83,754
up €83,754 (+430%), from €19,487 to €103,241
- Taxes +€16,611
up €16,611 (+6,108%), from €272 to €16,883
- Financial charges -€1,295
down €1,295 (-17.5%), from €7,382 to €6,086
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €219,149 | €238,218 | +€19,069 | +8.7% |
| Fixed assets | 21/28 | €118,339 | €90,371 | -€27,968 | -23.6% |
| Intangible fixed assets | 21 | €99,979 | €80,330 | -€19,649 | -19.7% |
| Tangible fixed assets | 22/27 | €18,360 | €10,041 | -€8,319 | -45.3% |
| Plant, machinery and equipment | 23 | €545 | €45 | -€500 | -91.7% |
| Furniture and vehicles | 24 | €17,815 | €9,996 | -€7,819 | -43.9% |
| Current assets | 29/58 | €100,810 | €147,847 | +€47,037 | +46.7% |
| Amounts receivable within one year | 40/41 | €100,044 | €147,003 | +€46,959 | +46.9% |
| Trade receivables | 40 | €16,706 | €36,567 | +€19,861 | +119% |
| Other amounts receivable | 41 | €83,338 | €110,437 | +€27,099 | +32.5% |
| Deferred charges and accrued income | 490/1 | €766 | €843 | +€77 | +10.1% |
| Total equity and liabilities | 10/49 | €219,149 | €238,218 | +€19,069 | +8.7% |
| Equity | 10/15 | €24,462 | €78,252 | +€53,790 | +220% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,462 | €71,252 | +€53,790 | +308% |
| Amounts payable | 17/49 | €194,687 | €159,966 | -€34,721 | -17.8% |
| Amounts payable after more than one year | 17 | €88,877 | €69,547 | -€19,330 | -21.7% |
| Financial debts | 170/4 | €88,877 | €69,547 | -€19,330 | -21.7% |
| Amounts payable within one year | 42/48 | €105,330 | €90,419 | -€14,911 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €18,434 | €19,330 | +€896 | +4.9% |
| Financial debts | 43 | €760 | €4,640 | +€3,880 | +510% |
| Credit institutions | 430/8 | €760 | €4,640 | +€3,880 | +510% |
| Trade debts | 44 | €53,957 | €41,744 | -€12,213 | -22.6% |
| Suppliers | 440/4 | €53,957 | €41,744 | -€12,213 | -22.6% |
| Advances received on contracts in progress | 46 | €13,172 | €5,300 | -€7,872 | -59.8% |
| Taxes, remuneration and social security | 45 | €19,008 | €19,405 | +€397 | +2.1% |
| Taxes | 450/3 | €19,008 | €19,405 | +€397 | +2.1% |
| Accrued charges and deferred income | 492/3 | €480 | - | -€480 | |
| Non-recurring operating income | 76A | €248 | €765 | +€517 | +209% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,148 | €29,293 | +€145 | +0.5% |
| Other operating charges | 640/8 | €790 | €1,616 | +€827 | +105% |
| Non-recurring operating charges | 66A | €20 | - | -€20 | |
| Gross operating margin | 9900 | €19,487 | €103,241 | +€83,754 | +430% |
| Operating profit (loss) | 9901 | -€10,471 | €72,331 | +€82,803 | |
| Financial income | 75/76B | €4,920 | €4,429 | -€491 | -10.0% |
| Recurring financial income | 75 | €4,920 | €4,429 | -€491 | -10.0% |
| Financial charges | 65/66B | €7,382 | €6,086 | -€1,295 | -17.5% |
| Recurring financial charges | 65 | €7,382 | €6,086 | -€1,295 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,933 | €70,674 | +€83,607 | |
| Income taxes | 67/77 | €272 | €16,883 | +€16,611 | +6,108% |
| Profit (loss) for the period | 9904 | -€13,205 | €53,790 | +€66,996 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,205 | €53,790 | +€66,996 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.