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LESLO: 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

LESLO

BE 0806.172.344
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€32,181
2024 · €33,321-€1,140
Equity
€290,510
2024 · €258,329+€32,181
Cash
€6,371
2024 · €1,585+€4,786
Balance sheet total
€474,606
2024 · €347,510+€127,096

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€118,032

    up €118,032 (+34.5%), from €342,031 to €460,063

  • Cash +€4,786

    up €4,786 (+302.0%), from €1,585 to €6,371

    mainly Other debts (+€94,940) and Net result for the year (+€32,181)

Equity and liabilities
  • Other debts +€94,940

    up €94,940 (+112.9%), from €84,101 to €179,041

  • Profit (loss) carried forward +€32,181

    up €32,181 (+12.9%), from €250,145 to €282,326

Income statement
  • Depreciation +€1,186

    up €1,186 (+6.2%), from €18,986 to €20,172

From the 2024 result to the 2025 result

effect on the 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 €33,321
Gross operating margin -€280
Depreciation -€1,186
Other operating charges -€186
Financial income +€13
Financial charges +€119
Taxes +€380
Result 2025 €32,181

Cash bridge derived

cash 2024 to 2025

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 +€143,015
Investment -€138,204
Financing -€25
Cash 2024 €1,585
Net result for the year +€32,181
Depreciation +€20,172
Receivables within one year -€4,278
Other debts +€94,940
Investment in fixed assets (net) -€138,204
Current portion of long-term debt -€25
Cash 2025 €6,371
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €347,510 €474,606 +€127,096 +36.6%
Fixed assets 21/28 €342,031 €460,063 +€118,032 +34.5%
Tangible fixed assets 22/27 €342,031 €460,063 +€118,032 +34.5%
Land and buildings 22 €342,031 €460,063 +€118,032 +34.5%
Current assets 29/58 €5,479 €14,543 +€9,064 +165.4%
Amounts receivable within one year 40/41 €3,894 €8,172 +€4,278 +109.9%
Other amounts receivable 41 €3,894 €8,172 +€4,278 +109.9%
Cash at bank and in hand 54/58 €1,585 €6,371 +€4,786 +302.0%
Total equity and liabilities 10/49 €347,510 €474,606 +€127,096 +36.6%
Equity 10/15 €258,329 €290,510 +€32,181 +12.5%
Contributions 10/11 €8,184 €8,184 = 0.0%
Profit (loss) carried forward 14 €250,145 €282,326 +€32,181 +12.9%
Amounts payable 17/49 €89,181 €184,096 +€94,914 +106.4%
Amounts payable within one year 42/48 €89,181 €184,096 +€94,914 +106.4%
Current portion of amounts payable after more than one year 42 €5,080 €5,055 -€25 -0.5%
Other amounts payable 47/48 €84,101 €179,041 +€94,940 +112.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,986 €20,172 +€1,186 +6.2%
Other operating charges 640/8 €2,321 €2,507 +€186 +8.0%
Gross operating margin 9900 €66,184 €65,904 -€280 -0.4%
Operating profit (loss) 9901 €44,877 €43,225 -€1,652 -3.7%
Financial income 75/76B €4 €17 +€13 +336.5%
Recurring financial income 75 €4 €17 +€13 +336.5%
Financial charges 65/66B €453 €334 -€119 -26.3%
Recurring financial charges 65 €453 €334 -€119 -26.3%
Profit (loss) for the period before taxes 9903 €44,428 €42,908 -€1,520 -3.4%
Income taxes 67/77 €11,107 €10,727 -€380 -3.4%
Profit (loss) for the period 9904 €33,321 €32,181 -€1,140 -3.4%
Profit (loss) for the period to be appropriated 9905 €33,321 €32,181 -€1,140 -3.4%

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 30 September 2026 via checked.be.