Leus Agency: what changed
Two financial 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.
Leus Agency
Largest movements
- Cash -€73,070
down €73,070 (-53.3%), from €137,181 to €64,111
mainly Trade debts (-€41,029) and Contributions, distributions and other (-€32,926)
- Stocks and contracts -€19,802
down €19,802 (-100%), from €19,802 to €0
- Deferred charges and accrued income +€18,963
up €18,963 (+794%), from €2,387 to €21,350
- Tangible fixed assets -€15,254
down €15,254 (-22.2%), from €68,625 to €53,370
of which Furniture and vehicles: -€9,342
- Receivables within one year -€12,272
down €12,272 (-10.5%), from €116,836 to €104,564
of which Trade receivables: -€9,018
- Trade debts -€41,029
down €41,029 (-82.4%), from €49,806 to €8,776
- Reserves -€33,761
down €33,761 (-12.1%), from €279,061 to €245,300
- Tax, wage and social debts -€24,575
down €24,575 (-81.2%), from €30,247 to €5,672
- Gross operating margin -€167,936
down €167,936 (-88.0%), from €190,793 to €22,858
- Taxes -€57,474
down €57,474 (-94.7%), from €60,693 to €3,219
- Depreciation +€10,492
up €10,492 (+168%), from €6,262 to €16,754
- Financial income -€4,873
down €4,873 (-90.2%), from €5,400 to €527
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.
Derived cash bridge
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 | €359,830 | €260,385 | -€99,445 | -27.6% |
| Fixed assets | 21/28 | €68,625 | €55,360 | -€13,264 | -19.3% |
| Tangible fixed assets | 22/27 | €68,625 | €53,370 | -€15,254 | -22.2% |
| Plant, machinery and equipment | 23 | €2,553 | €2,179 | -€374 | -14.6% |
| Furniture and vehicles | 24 | €42,969 | €33,627 | -€9,342 | -21.7% |
| Other tangible fixed assets | 26 | €23,102 | €17,564 | -€5,538 | -24.0% |
| Financial fixed assets | 28 | - | €1,990 | +€1,990 | |
| Current assets | 29/58 | €291,206 | €205,025 | -€86,181 | -29.6% |
| Stocks and contracts in progress | 3 | €19,802 | €0 | -€19,802 | -100% |
| Stocks | 30/36 | €19,802 | €0 | -€19,802 | -100% |
| Amounts receivable within one year | 40/41 | €116,836 | €104,564 | -€12,272 | -10.5% |
| Trade receivables | 40 | €62,604 | €53,586 | -€9,018 | -14.4% |
| Other amounts receivable | 41 | €54,232 | €50,978 | -€3,254 | -6.0% |
| Current investments | 50/53 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €137,181 | €64,111 | -€73,070 | -53.3% |
| Deferred charges and accrued income | 490/1 | €2,387 | €21,350 | +€18,963 | +794% |
| Total equity and liabilities | 10/49 | €359,830 | €260,385 | -€99,445 | -27.6% |
| Equity | 10/15 | €279,061 | €245,300 | -€33,761 | -12.1% |
| Reserves | 13 | €279,061 | €245,300 | -€33,761 | -12.1% |
| Distributable reserves | 133 | €279,061 | €245,300 | -€33,761 | -12.1% |
| Amounts payable | 17/49 | €80,769 | €15,085 | -€65,684 | -81.3% |
| Amounts payable within one year | 42/48 | €80,133 | €14,449 | -€65,684 | -82.0% |
| Trade debts | 44 | €49,806 | €8,776 | -€41,029 | -82.4% |
| Suppliers | 440/4 | €49,806 | €8,776 | -€41,029 | -82.4% |
| Taxes, remuneration and social security | 45 | €30,247 | €5,672 | -€24,575 | -81.2% |
| Taxes | 450/3 | €30,247 | €5,672 | -€24,575 | -81.2% |
| Other amounts payable | 47/48 | €80 | €1 | -€79 | -98.9% |
| Accrued charges and deferred income | 492/3 | €636 | €636 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,262 | €16,754 | +€10,492 | +168% |
| Other operating charges | 640/8 | €3,012 | €3,368 | +€355 | +11.8% |
| Gross operating margin | 9900 | €190,793 | €22,858 | -€167,936 | -88.0% |
| Operating profit (loss) | 9901 | €181,519 | €2,736 | -€178,783 | -98.5% |
| Financial income | 75/76B | €5,400 | €527 | -€4,873 | -90.2% |
| Recurring financial income | 75 | €5,400 | €527 | -€4,873 | -90.2% |
| Financial charges | 65/66B | €872 | €879 | +€7 | +0.8% |
| Recurring financial charges | 65 | €872 | €879 | +€7 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €186,047 | €2,384 | -€183,662 | -98.7% |
| Income taxes | 67/77 | €60,693 | €3,219 | -€57,474 | -94.7% |
| Profit (loss) for the period | 9904 | €125,353 | -€835 | -€126,188 | |
| Profit (loss) for the period to be appropriated | 9905 | €125,353 | -€835 | -€126,188 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.