Leut Services: 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.
Leut Services
Largest movements
- Cash +€143,846
up €143,846 (+111%), from €129,159 to €273,006
mainly Net result for the year (+€184,711) and Tax, wage and social debts (+€36,086)
- Receivables after one year +€72,200
up €72,200 (+48.1%), from €150,000 to €222,200
- Receivables within one year +€20,092
up €20,092 (+166%), from €12,131 to €32,223
of which Trade receivables: +€20,894
- Tangible fixed assets -€18,177
down €18,177 (-24.4%), from €74,644 to €56,467
of which Furniture and vehicles: -€10,652
- Reserves +€176,091
up €176,091 (+59.3%), from €296,740 to €472,832
of which Distributable reserves: +€177,951
- Tax, wage and social debts +€36,086
up €36,086 (+101%), from €35,586 to €71,672
of which Taxes: +€34,295
- Other debts +€16,158
up €16,158 (+68.0%), from €23,749 to €39,906
- Contributions -€12,400
no longer reported in 2023 (was €12,400)
- Gross operating margin +€132,410
up €132,410 (+68.5%), from €193,281 to €325,691
- Taxes +€26,255
up €26,255 (+81.6%), from €32,168 to €58,422
- Staff costs +€4,735
up €4,735 (+8.6%), from €54,808 to €59,543
- Depreciation +€3,491
up €3,491 (+18.8%), from €18,601 to €22,092
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €410,033 | €628,601 | +€218,568 | +53.3% |
| Fixed assets | 21/28 | €74,644 | €56,467 | -€18,177 | -24.4% |
| Tangible fixed assets | 22/27 | €74,644 | €56,467 | -€18,177 | -24.4% |
| Plant, machinery and equipment | 23 | €27,604 | €17,124 | -€10,480 | -38.0% |
| Furniture and vehicles | 24 | €44,352 | €33,700 | -€10,652 | -24.0% |
| Other tangible fixed assets | 26 | €2,689 | €5,643 | +€2,955 | +110% |
| Current assets | 29/58 | €335,389 | €572,134 | +€236,745 | +70.6% |
| Amounts receivable after more than one year | 29 | €150,000 | €222,200 | +€72,200 | +48.1% |
| Other amounts receivable | 291 | €150,000 | €222,200 | +€72,200 | +48.1% |
| Stocks and contracts in progress | 3 | €39,872 | €39,478 | -€394 | -1.0% |
| Stocks | 30/36 | €39,872 | €39,478 | -€394 | -1.0% |
| Amounts receivable within one year | 40/41 | €12,131 | €32,223 | +€20,092 | +166% |
| Trade receivables | 40 | €10,714 | €31,608 | +€20,894 | +195% |
| Other amounts receivable | 41 | €1,417 | €614 | -€803 | -56.6% |
| Cash at bank and in hand | 54/58 | €129,159 | €273,006 | +€143,846 | +111% |
| Deferred charges and accrued income | 490/1 | €4,227 | €5,228 | +€1,001 | +23.7% |
| Total equity and liabilities | 10/49 | €410,033 | €628,601 | +€218,568 | +53.3% |
| Equity | 10/15 | €310,521 | €472,832 | +€162,311 | +52.3% |
| Contributions | 10/11 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €296,740 | €472,832 | +€176,091 | +59.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €400 | €400 | = | 0.0% |
| Distributable reserves | 133 | €294,480 | €472,432 | +€177,951 | +60.4% |
| Profit (loss) carried forward | 14 | €1,381 | - | -€1,381 | |
| Amounts payable | 17/49 | €99,512 | €155,770 | +€56,258 | +56.5% |
| Amounts payable within one year | 42/48 | €99,512 | €155,770 | +€56,258 | +56.5% |
| Trade debts | 44 | €40,177 | €44,191 | +€4,014 | +10.0% |
| Suppliers | 440/4 | €40,177 | €44,191 | +€4,014 | +10.0% |
| Taxes, remuneration and social security | 45 | €35,586 | €71,672 | +€36,086 | +101% |
| Taxes | 450/3 | €24,720 | €59,015 | +€34,295 | +139% |
| Remuneration and social security | 454/9 | €10,867 | €12,657 | +€1,791 | +16.5% |
| Other amounts payable | 47/48 | €23,749 | €39,906 | +€16,158 | +68.0% |
| Remuneration, social security and pensions | 62 | €54,808 | €59,543 | +€4,735 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,601 | €22,092 | +€3,491 | +18.8% |
| Other operating charges | 640/8 | €2,595 | €3,577 | +€982 | +37.8% |
| Non-recurring operating charges | 66A | - | €1,120 | +€1,120 | |
| Gross operating margin | 9900 | €193,281 | €325,691 | +€132,410 | +68.5% |
| Operating profit (loss) | 9901 | €117,278 | €239,359 | +€122,082 | +104% |
| Financial income | 75/76B | €2,824 | €4,316 | +€1,493 | +52.9% |
| Recurring financial income | 75 | €2,824 | €4,316 | +€1,493 | +52.9% |
| Financial charges | 65/66B | €554 | €543 | -€10 | -1.9% |
| Recurring financial charges | 65 | €554 | €543 | -€10 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €119,548 | €243,133 | +€123,585 | +103% |
| Income taxes | 67/77 | €32,168 | €58,422 | +€26,255 | +81.6% |
| Profit (loss) for the period | 9904 | €87,381 | €184,711 | +€97,330 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €87,381 | €184,711 | +€97,330 | +111% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.