LESLA: 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
LESLA
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€138,289
2024 · €124,920+€13,369
Equity
€1.3m
2024 · €1.6m-€346,459
Cash
€34,767
2024 · €26,728+€8,039
Balance sheet total
€1.9m
2024 · €1.8m+€24,834
Largest movements
Assets
- Tangible fixed assets -€34,429
down €34,429 (-6.0%), from €578,212 to €543,783
of which Land and buildings: -€19,942
- Receivables after one year +€33,679
up €33,679 (+2.9%), from €1.2m to €1.2m
Equity and liabilities
- Other debts +€455,890
new in 2025: €455,890
- Reserves -€346,459
down €346,459 (-45.4%), from €763,876 to €417,417
of which Distributable reserves: -€346,459
- Debts after one year -€49,333
down €49,333 (-94.9%), from €51,983 to €2,650
- Current portion of long-term debt -€29,859
down €29,859 (-31.6%), from €94,358 to €64,499
Income statement
- Gross operating margin +€18,022
up €18,022 (+8.7%), from €208,013 to €226,035
- Taxes +€4,643
up €4,643 (+8.6%), from €53,860 to €58,503
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
€124,920
Gross operating margin
+€18,022
Depreciation
+€401
Other operating charges
-€132
Other operating items
-€1,570
Financial income
-€764
Financial charges
+€2,056
Taxes
-€4,643
Result 2025
€138,289
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
+€595,077
Investment
-€23,098
Financing
-€563,940
Cash 2024
€26,728
From operations (derived)
+€595,077
Net result for the year
+€138,289
Depreciation
+€57,527
Receivables after one year
-€33,679
Receivables within one year
-€18,035
Deferred charges and accrued income
+€490
Trade debts
-€3,918
Tax, wage and social debts
-€1,487
Other debts
+€455,890
Investment (derived)
-€23,098
Investment in fixed assets (net)
-€23,098
Financing
-€563,940
Debts after one year
-€49,333
Current portion of long-term debt
-€29,859
Contributions, distributions and other
-€484,747
Cash 2025
€34,767
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,839,163 | €1,863,997 | +€24,834 | +1.4% |
| Fixed assets | 21/28 | €578,212 | €543,783 | -€34,429 | -6.0% |
| Tangible fixed assets | 22/27 | €578,212 | €543,783 | -€34,429 | -6.0% |
| Land and buildings | 22 | €540,450 | €520,509 | -€19,942 | -3.7% |
| Furniture and vehicles | 24 | €37,761 | €23,274 | -€14,487 | -38.4% |
| Current assets | 29/58 | €1,260,951 | €1,320,214 | +€59,263 | +4.7% |
| Amounts receivable after more than one year | 29 | €1,177,597 | €1,211,276 | +€33,679 | +2.9% |
| Other amounts receivable | 291 | €1,177,597 | €1,211,276 | +€33,679 | +2.9% |
| Amounts receivable within one year | 40/41 | €43,340 | €61,375 | +€18,035 | +41.6% |
| Trade receivables | 40 | €3,747 | €4,250 | +€502 | +13.4% |
| Other amounts receivable | 41 | €39,593 | €57,126 | +€17,533 | +44.3% |
| Cash at bank and in hand | 54/58 | €26,728 | €34,767 | +€8,039 | +30.1% |
| Deferred charges and accrued income | 490/1 | €13,286 | €12,796 | -€490 | -3.7% |
| Total equity and liabilities | 10/49 | €1,839,163 | €1,863,997 | +€24,834 | +1.4% |
| Equity | 10/15 | €1,641,105 | €1,294,647 | -€346,459 | -21.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €763,876 | €417,417 | -€346,459 | -45.4% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €757,679 | €411,220 | -€346,459 | -45.7% |
| Profit (loss) carried forward | 14 | €815,256 | €815,256 | = | 0.0% |
| Amounts payable | 17/49 | €198,058 | €569,351 | +€371,293 | +187.5% |
| Amounts payable after more than one year | 17 | €51,983 | €2,650 | -€49,333 | -94.9% |
| Financial debts | 170/4 | €51,983 | €2,650 | -€49,333 | -94.9% |
| Amounts payable within one year | 42/48 | €146,075 | €566,701 | +€420,626 | +288.0% |
| Current portion of amounts payable after more than one year | 42 | €94,358 | €64,499 | -€29,859 | -31.6% |
| Trade debts | 44 | €7,505 | €3,588 | -€3,918 | -52.2% |
| Suppliers | 440/4 | €7,505 | €3,588 | -€3,918 | -52.2% |
| Taxes, remuneration and social security | 45 | €44,211 | €42,724 | -€1,487 | -3.4% |
| Taxes | 450/3 | €44,211 | €42,724 | -€1,487 | -3.4% |
| Other amounts payable | 47/48 | - | €455,890 | +€455,890 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,928 | €57,527 | -€401 | -0.7% |
| Other operating charges | 640/8 | €3,572 | €3,704 | +€132 | +3.7% |
| Non-recurring operating charges | 66A | - | €1,570 | +€1,570 | |
| Gross operating margin | 9900 | €208,013 | €226,035 | +€18,022 | +8.7% |
| Operating profit (loss) | 9901 | €146,513 | €163,233 | +€16,720 | +11.4% |
| Financial income | 75/76B | €37,024 | €36,259 | -€764 | -2.1% |
| Recurring financial income | 75 | €37,024 | €36,259 | -€764 | -2.1% |
| Financial charges | 65/66B | €4,757 | €2,701 | -€2,056 | -43.2% |
| Recurring financial charges | 65 | €4,757 | €2,701 | -€2,056 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | €178,780 | €196,792 | +€18,012 | +10.1% |
| Income taxes | 67/77 | €53,860 | €58,503 | +€4,643 | +8.6% |
| Profit (loss) for the period | 9904 | €124,920 | €138,289 | +€13,369 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €124,920 | €138,289 | +€13,369 | +10.7% |
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 5 October 2026 via checked.be.