Leroy Soudant: 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 Soudant
Largest movements
- Cash -€25,652
down €25,652 (-57.6%), from €44,544 to €18,892
mainly Other debts (-€25,249) and Trade debts (-€5,795)
- Receivables within one year -€4,936
down €4,936 (-53.3%), from €9,266 to €4,330
- Other debts -€25,249
down €25,249 (-33.2%), from €76,121 to €50,872
- Trade debts -€5,795
down €5,795 (-94.3%), from €6,147 to €352
- Profit (loss) carried forward +€1,447
up €1,447 (+2.1%), from -€67,818 to -€66,371
- Tax, wage and social debts -€1,003
down €1,003 (-76.5%), from €1,312 to €309
of which Remuneration and social security: -€1,000
- Gross operating margin -€2,508
down €2,508 (-37.7%), from €6,655 to €4,146
- Financial charges -€324
down €324 (-15.0%), from €2,160 to €1,836
- Depreciation -€248
down €248 (-100%), from €248 to €0
- Financial income -€148
down €148 (-39.9%), from €372 to €224
- Other operating charges +€70
up €70 (+11.0%), from €641 to €712
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 | €53,822 | €23,222 | -€30,600 | -56.9% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €53,822 | €23,222 | -€30,600 | -56.9% |
| Amounts receivable within one year | 40/41 | €9,266 | €4,330 | -€4,936 | -53.3% |
| Trade receivables | 40 | €9,266 | €4,330 | -€4,936 | -53.3% |
| Cash at bank and in hand | 54/58 | €44,544 | €18,892 | -€25,652 | -57.6% |
| Deferred charges and accrued income | 490/1 | €11 | €0 | -€11 | -100% |
| Total equity and liabilities | 10/49 | €53,822 | €23,222 | -€30,600 | -56.9% |
| Equity | 10/15 | -€29,758 | -€28,311 | +€1,447 | +4.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €31,860 | €31,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,818 | -€66,371 | +€1,447 | +2.1% |
| Amounts payable | 17/49 | €83,579 | €51,533 | -€32,046 | -38.3% |
| Amounts payable within one year | 42/48 | €83,579 | €51,533 | -€32,046 | -38.3% |
| Trade debts | 44 | €6,147 | €352 | -€5,795 | -94.3% |
| Suppliers | 440/4 | €6,147 | €352 | -€5,795 | -94.3% |
| Taxes, remuneration and social security | 45 | €1,312 | €309 | -€1,003 | -76.5% |
| Taxes | 450/3 | €312 | €309 | -€3 | -1.0% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100% |
| Other amounts payable | 47/48 | €76,121 | €50,872 | -€25,249 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €0 | -€248 | -100% |
| Other operating charges | 640/8 | €641 | €712 | +€70 | +11.0% |
| Gross operating margin | 9900 | €6,655 | €4,146 | -€2,508 | -37.7% |
| Operating profit (loss) | 9901 | €5,766 | €3,435 | -€2,331 | -40.4% |
| Financial income | 75/76B | €372 | €224 | -€148 | -39.9% |
| Recurring financial income | 75 | €372 | €224 | -€148 | -39.9% |
| Financial charges | 65/66B | €2,160 | €1,836 | -€324 | -15.0% |
| Recurring financial charges | 65 | €2,160 | €1,836 | -€324 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €3,979 | €1,823 | -€2,156 | -54.2% |
| Income taxes | 67/77 | €422 | €376 | -€46 | -10.9% |
| Profit (loss) for the period | 9904 | €3,557 | €1,447 | -€2,110 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,557 | €1,447 | -€2,110 | -59.3% |
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 24 October 2026 via checked.be.