LEURIDAN DRIES: what changed
LEURIDAN DRIES
Largest movements
- Stocks and contracts +€109,916
up €109,916 (+126%), from €87,038 to €196,954
of which Contracts in progress: +€56,437
- Tangible fixed assets -€47,975
down €47,975 (-17.6%), from €273,269 to €225,294
of which Furniture and vehicles: -€26,591
- Receivables within one year -€35,641
down €35,641 (-34.6%), from €102,948 to €67,308
of which Trade receivables: -€25,128
- Cash +€28,291
up €28,291 (+195%), from €14,497 to €42,788
mainly Other debts (+€46,318) and Depreciation (+€40,153)
- Deferred charges and accrued income -€5,857
down €5,857 (-42.8%), from €13,678 to €7,822
- Other debts +€46,318
up €46,318 (+35.4%), from €130,779 to €177,097
- Reserves +€32,618
up €32,618 (+24.2%), from €134,545 to €167,163
- Debts after one year -€28,815
down €28,815 (-29.4%), from €97,916 to €69,101
- Tax, wage and social debts +€11,867
up €11,867 (+148%), from €8,029 to €19,896
of which Taxes: +€15,836
- Trade debts -€7,373
down €7,373 (-13.1%), from €56,230 to €48,857
- Gross operating margin +€53,806
up €53,806 (+74.3%), from €72,410 to €126,216
- Staff costs -€30,440
down €30,440 (-62.1%), from €49,002 to €18,561
- Taxes +€12,818
up €12,818 (+4,553%), from €282 to €13,100
- Depreciation -€4,140
down €4,140 (-9.3%), from €44,293 to €40,153
- Financial income -€3,078
down €3,078 (-40.1%), from €7,682 to €4,604
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €491,565 | €540,300 | +€48,735 | +9.9% |
| Fixed assets | 21/28 | €273,404 | €225,429 | -€47,975 | -17.5% |
| Tangible fixed assets | 22/27 | €273,269 | €225,294 | -€47,975 | -17.6% |
| Land and buildings | 22 | €182,441 | €163,049 | -€19,391 | -10.6% |
| Plant, machinery and equipment | 23 | €9,656 | €7,664 | -€1,992 | -20.6% |
| Furniture and vehicles | 24 | €81,172 | €54,580 | -€26,591 | -32.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €218,161 | €314,871 | +€96,710 | +44.3% |
| Stocks and contracts in progress | 3 | €87,038 | €196,954 | +€109,916 | +126% |
| Stocks | 30/36 | €44,269 | €97,748 | +€53,479 | +121% |
| Contracts in progress | 37 | €42,770 | €99,207 | +€56,437 | +132% |
| Amounts receivable within one year | 40/41 | €102,948 | €67,308 | -€35,641 | -34.6% |
| Trade receivables | 40 | €82,506 | €57,378 | -€25,128 | -30.5% |
| Other amounts receivable | 41 | €20,442 | €9,929 | -€10,512 | -51.4% |
| Cash at bank and in hand | 54/58 | €14,497 | €42,788 | +€28,291 | +195% |
| Deferred charges and accrued income | 490/1 | €13,678 | €7,822 | -€5,857 | -42.8% |
| Total equity and liabilities | 10/49 | €491,565 | €540,300 | +€48,735 | +9.9% |
| Equity | 10/15 | €140,745 | €173,363 | +€32,618 | +23.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €134,545 | €167,163 | +€32,618 | +24.2% |
| Distributable reserves | 133 | €134,545 | €167,163 | +€32,618 | +24.2% |
| Amounts payable | 17/49 | €350,820 | €366,937 | +€16,117 | +4.6% |
| Amounts payable after more than one year | 17 | €97,916 | €69,101 | -€28,815 | -29.4% |
| Financial debts | 170/4 | €97,916 | €69,101 | -€28,815 | -29.4% |
| Amounts payable within one year | 42/48 | €223,433 | €270,591 | +€47,158 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €28,395 | €24,741 | -€3,654 | -12.9% |
| Trade debts | 44 | €56,230 | €48,857 | -€7,373 | -13.1% |
| Suppliers | 440/4 | €56,230 | €48,857 | -€7,373 | -13.1% |
| Taxes, remuneration and social security | 45 | €8,029 | €19,896 | +€11,867 | +148% |
| Taxes | 450/3 | €4,060 | €19,896 | +€15,836 | +390% |
| Remuneration and social security | 454/9 | €3,969 | €0 | -€3,969 | -100% |
| Other amounts payable | 47/48 | €130,779 | €177,097 | +€46,318 | +35.4% |
| Accrued charges and deferred income | 492/3 | €29,471 | €27,245 | -€2,225 | -7.6% |
| Non-recurring operating income | 76A | €0 | €1,951 | +€1,951 | |
| Remuneration, social security and pensions | 62 | €49,002 | €18,561 | -€30,440 | -62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,293 | €40,153 | -€4,140 | -9.3% |
| Other operating charges | 640/8 | €10,138 | €9,472 | -€665 | -6.6% |
| Non-recurring operating charges | 66A | - | €8,960 | +€8,960 | |
| Gross operating margin | 9900 | €72,410 | €126,216 | +€53,806 | +74.3% |
| Operating profit (loss) | 9901 | -€31,023 | €49,069 | +€80,092 | |
| Financial income | 75/76B | €7,682 | €4,604 | -€3,078 | -40.1% |
| Recurring financial income | 75 | €7,682 | €4,604 | -€3,078 | -40.1% |
| Financial charges | 65/66B | €7,044 | €7,956 | +€912 | +12.9% |
| Recurring financial charges | 65 | €7,044 | €7,956 | +€912 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | -€30,384 | €45,718 | +€76,102 | |
| Income taxes | 67/77 | €282 | €13,100 | +€12,818 | +4,553% |
| Profit (loss) for the period | 9904 | -€30,666 | €32,618 | +€63,284 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,666 | €32,618 | +€63,284 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.