LEUKENHEIDE: 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.
LEUKENHEIDE
Largest movements
- Receivables within one year -€26,401
down €26,401 (-35.6%), from €74,228 to €47,828
of which Trade receivables: -€25,856
- Cash -€20,134
down €20,134 (-54.5%), from €36,926 to €16,793
mainly Tax, wage and social debts (-€25,381) and Trade debts (-€22,166)
- Tangible fixed assets -€13,356
down €13,356 (-6.9%), from €193,027 to €179,671
of which Land and buildings: -€25,770
- Tax, wage and social debts -€25,381
down €25,381 (-48.6%), from €52,217 to €26,835
of which Taxes: -€22,238
- Trade debts -€22,166
down €22,166 (-92.4%), from €23,977 to €1,810
- Investment grants -€12,125
down €12,125 (-11.3%), from €107,558 to €95,433
- Other debts +€12,000
up €12,000 (+4.5%), from €268,099 to €280,099
- Profit (loss) carried forward -€11,104
down €11,104 (-7.6%), from -€145,742 to -€156,846
- Gross operating margin -€189,809
down €189,809 (-64.0%), from €296,767 to €106,958
- Staff costs -€8,650
down €8,650 (-8.5%), from €102,028 to €93,377
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €688,876 | €630,100 | -€58,777 | -8.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €193,527 | €180,171 | -€13,356 | -6.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €193,027 | €179,671 | -€13,356 | -6.9% |
| Land and buildings | 22 | €189,817 | €164,047 | -€25,770 | -13.6% |
| Plant, machinery and equipment | 23 | €2,715 | €14,006 | +€11,291 | +415.9% |
| Furniture and vehicles | 24 | €495 | €1,618 | +€1,123 | +226.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €495,349 | €449,929 | -€45,421 | -9.2% |
| Stocks and contracts in progress | 3 | €382,077 | €384,097 | +€2,020 | +0.5% |
| Stocks | 30/36 | €382,077 | €384,097 | +€2,020 | +0.5% |
| Amounts receivable within one year | 40/41 | €74,228 | €47,828 | -€26,401 | -35.6% |
| Trade receivables | 40 | €73,414 | €47,558 | -€25,856 | -35.2% |
| Other amounts receivable | 41 | €814 | €270 | -€545 | -66.9% |
| Cash at bank and in hand | 54/58 | €36,926 | €16,793 | -€20,134 | -54.5% |
| Deferred charges and accrued income | 490/1 | €2,118 | €1,211 | -€906 | -42.8% |
| Total equity and liabilities | 10/49 | €688,876 | €630,100 | -€58,777 | -8.5% |
| Equity | 10/15 | €240,014 | €216,785 | -€23,229 | -9.7% |
| Contributions | 10/11 | €272,000 | €272,000 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,231 | €2,231 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,231 | €2,231 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,966 | €3,966 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€145,742 | -€156,846 | -€11,104 | -7.6% |
| Investment grants | 15 | €107,558 | €95,433 | -€12,125 | -11.3% |
| Amounts payable | 17/49 | €448,863 | €413,315 | -€35,548 | -7.9% |
| Amounts payable after more than one year | 17 | €104,570 | €104,570 | = | 0.0% |
| Other amounts payable | 178/9 | €104,570 | €104,570 | = | 0.0% |
| Amounts payable within one year | 42/48 | €344,292 | €308,745 | -€35,548 | -10.3% |
| Trade debts | 44 | €23,977 | €1,810 | -€22,166 | -92.4% |
| Suppliers | 440/4 | €23,977 | €1,810 | -€22,166 | -92.4% |
| Taxes, remuneration and social security | 45 | €52,217 | €26,835 | -€25,381 | -48.6% |
| Taxes | 450/3 | €36,630 | €14,392 | -€22,238 | -60.7% |
| Remuneration and social security | 454/9 | €15,587 | €12,443 | -€3,143 | -20.2% |
| Other amounts payable | 47/48 | €268,099 | €280,099 | +€12,000 | +4.5% |
| Non-recurring operating income | 76A | €223,255 | - | -€223,255 | |
| Remuneration, social security and pensions | 62 | €102,028 | €93,377 | -€8,650 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,093 | €31,185 | +€2,092 | +7.2% |
| Other operating charges | 640/8 | €5,188 | €2,431 | -€2,757 | -53.1% |
| Gross operating margin | 9900 | €296,767 | €106,958 | -€189,809 | -64.0% |
| Operating profit (loss) | 9901 | €160,458 | -€20,035 | -€180,493 | |
| Financial income | 75/76B | €12,126 | €12,215 | +€89 | +0.7% |
| Recurring financial income | 75 | €12,126 | €12,215 | +€89 | +0.7% |
| Financial charges | 65/66B | €3,542 | €3,284 | -€258 | -7.3% |
| Recurring financial charges | 65 | €3,542 | €3,284 | -€258 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €169,042 | -€11,104 | -€180,146 | |
| Profit (loss) for the period | 9904 | €169,042 | -€11,104 | -€180,146 | |
| Profit (loss) for the period to be appropriated | 9905 | €169,042 | -€11,104 | -€180,146 |
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.