LESCHACO: 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.
What changed
LESCHACO
NACE 52.249, Warehousing and support activities for transportation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€498,487
2024 · €120,754-€619,241
Equity
€1.3m
2024 · €1.8m-€498,487
Cash
€698,225
2024 · €739,634-€41,409
Balance sheet total
€4.0m
2024 · €4.8m-€783,894
Largest movements
Assets
- Receivables within one year -€1.8m
down €1.8m (-48.1%), from €3.7m to €1.9m
of which Other amounts receivable: -€1.0m
- Receivables after one year +€1.3m
new in 2025: €1.3m
- Deferred charges and accrued income -€228,608
down €228,608 (-65.0%), from €351,589 to €122,982
Equity and liabilities
- Profit (loss) carried forward -€498,487
down €498,487, from €451,046 to -€47,442
- Accrued charges and deferred income -€197,554
down €197,554 (-16.4%), from €1.2m to €1.0m
- Trade debts -€89,476
down €89,476 (-5.9%), from €1.5m to €1.4m
Income statement
- Gross operating margin -€400,773
down €400,773 (-21.6%), from €1.9m to €1.5m
- Staff costs +€358,513
up €358,513 (+22.2%), from €1.6m to €2.0m
- Taxes -€82,376
down €82,376, from €66,179 to -€16,198
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.
Result 2024
€120,754
Gross operating margin
-€400,773
Staff costs
-€358,513
Depreciation
+€881
Write-downs
-€1,880
Other operating charges
-€1,185
Other operating items
+€70,447
Financial income
+€4,763
Financial charges
-€15,357
Taxes
+€82,376
Result 2025
-€498,487
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.
From operations
-€41,409
Investment
€0
Financing
€0
Cash 2024
€739,634
From operations (derived)
-€41,409
Net result for the year
-€498,487
Depreciation
+€8,761
Receivables after one year
-€1.3m
Receivables within one year
+€1.8m
Deferred charges and accrued income
+€228,608
Trade debts
-€89,476
Smaller working-capital items
+€1,623
Accrued charges and deferred income
-€197,554
Cash 2025
€698,225
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,771,204 | €3,987,310 | -€783,894 | -16.4% |
| Fixed assets | 21/28 | €27,563 | €18,802 | -€8,761 | -31.8% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €27,562 | €18,801 | -€8,761 | -31.8% |
| Furniture and vehicles | 24 | €27,562 | €18,801 | -€8,761 | -31.8% |
| Current assets | 29/58 | €4,743,641 | €3,968,508 | -€775,133 | -16.3% |
| Amounts receivable after more than one year | 29 | - | €1,251,572 | +€1.3m | |
| Other amounts receivable | 291 | - | €1,251,572 | +€1.3m | |
| Amounts receivable within one year | 40/41 | €3,652,418 | €1,895,729 | -€1.8m | -48.1% |
| Trade receivables | 40 | €2,614,446 | €1,888,109 | -€726,337 | -27.8% |
| Other amounts receivable | 41 | €1,037,973 | €7,621 | -€1.0m | -99.3% |
| Cash at bank and in hand | 54/58 | €739,634 | €698,225 | -€41,409 | -5.6% |
| Deferred charges and accrued income | 490/1 | €351,589 | €122,982 | -€228,608 | -65.0% |
| Total equity and liabilities | 10/49 | €4,771,204 | €3,987,310 | -€783,894 | -16.4% |
| Equity | 10/15 | €1,778,142 | €1,279,655 | -€498,487 | -28.0% |
| Contributions | 10/11 | €1,100,000 | €1,100,000 | = | 0.0% |
| Capital | 10 | €1,100,000 | €1,100,000 | = | 0.0% |
| Issued capital | 100 | €1,100,000 | €1,100,000 | = | 0.0% |
| Reserves | 13 | €227,096 | €227,096 | = | 0.0% |
| Non-distributable reserves | 130/1 | €160,000 | €160,000 | = | 0.0% |
| Legal reserve | 130 | €160,000 | €160,000 | = | 0.0% |
| Distributable reserves | 133 | €67,096 | €67,096 | = | 0.0% |
| Profit (loss) carried forward | 14 | €451,046 | -€47,442 | -€498,487 | |
| Provisions and deferred taxes | 16 | €25,000 | €25,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Environmental obligations | 163 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €2,968,062 | €2,682,655 | -€285,407 | -9.6% |
| Amounts payable within one year | 42/48 | €1,762,684 | €1,674,831 | -€87,853 | -5.0% |
| Trade debts | 44 | €1,521,694 | €1,432,218 | -€89,476 | -5.9% |
| Suppliers | 440/4 | €1,521,694 | €1,432,218 | -€89,476 | -5.9% |
| Taxes, remuneration and social security | 45 | €240,273 | €242,454 | +€2,180 | +0.9% |
| Taxes | 450/3 | €58,420 | €5,834 | -€52,587 | -90.0% |
| Remuneration and social security | 454/9 | €181,853 | €236,620 | +€54,767 | +30.1% |
| Other amounts payable | 47/48 | €717 | €160 | -€557 | -77.7% |
| Accrued charges and deferred income | 492/3 | €1,205,378 | €1,007,824 | -€197,554 | -16.4% |
| Non-recurring operating income | 76A | €188,540 | €71,416 | -€117,124 | -62.1% |
| Remuneration, social security and pensions | 62 | €1,616,044 | €1,974,557 | +€358,513 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,642 | €8,761 | -€881 | -9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,880 | +€1,880 | |
| Other operating charges | 640/8 | €12,999 | €14,184 | +€1,185 | +9.1% |
| Non-recurring operating charges | 66A | €70,447 | - | -€70,447 | |
| Gross operating margin | 9900 | €1,853,297 | €1,452,524 | -€400,773 | -21.6% |
| Operating profit (loss) | 9901 | €144,165 | -€546,858 | -€691,023 | |
| Financial income | 75/76B | €54,728 | €59,491 | +€4,763 | +8.7% |
| Recurring financial income | 75 | €54,728 | €59,491 | +€4,763 | +8.7% |
| Financial charges | 65/66B | €11,961 | €27,318 | +€15,357 | +128.4% |
| Recurring financial charges | 65 | €11,961 | €27,318 | +€15,357 | +128.4% |
| Profit (loss) for the period before taxes | 9903 | €186,932 | -€514,685 | -€701,617 | |
| Income taxes | 67/77 | €66,179 | -€16,198 | -€82,376 | |
| Profit (loss) for the period | 9904 | €120,754 | -€498,487 | -€619,241 | |
| Profit (loss) for the period to be appropriated | 9905 | €120,754 | -€498,487 | -€619,241 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.