Leuven: 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.
Leuven
Largest movements
- Tangible fixed assets -€891,002
down €891,002 (-2.5%), from €35.9m to €35.0m
- Receivables within one year +€502,454
up €502,454 (+121.8%), from €412,595 to €915,049
- Cash +€393,964
up €393,964 (+14.4%), from €2.7m to €3.1m
mainly Depreciation (+€957,383) and Accrued charges and deferred income (+€574,085)
- Contributions -€1.2m
down €1.2m (-5.2%), from €23.1m to €21.9m
- Accrued charges and deferred income +€574,085
up €574,085 (+108.9%), from €527,233 to €1.1m
- Other operating charges -€335,964
down €335,964 (-99.5%), from €337,713 to €1,750
- Other operating income -€208,688
down €208,688 (-61.3%), from €340,460 to €131,772
- Services and other goods +€191,487
up €191,487 (+221.4%), from €86,503 to €277,991
- Turnover +€70,557
up €70,557 (+3.7%), from €1.9m to €2.0m
- Financial income +€33,822
new in 2025: €33,822
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 | €39,117,699 | €39,056,734 | -€60,965 | -0.2% |
| Formation expenses | 20 | €83,224 | €16,842 | -€66,381 | -79.8% |
| Fixed assets | 21/28 | €35,887,591 | €34,996,589 | -€891,002 | -2.5% |
| Tangible fixed assets | 22/27 | €35,887,591 | €34,996,589 | -€891,002 | -2.5% |
| Land and buildings | 22 | €35,887,591 | €34,996,589 | -€891,002 | -2.5% |
| Current assets | 29/58 | €3,146,885 | €4,043,302 | +€896,418 | +28.5% |
| Amounts receivable within one year | 40/41 | €412,595 | €915,049 | +€502,454 | +121.8% |
| Trade receivables | 40 | €412,595 | €915,049 | +€502,454 | +121.8% |
| Cash at bank and in hand | 54/58 | €2,734,290 | €3,128,253 | +€393,964 | +14.4% |
| Total equity and liabilities | 10/49 | €39,117,699 | €39,056,734 | -€60,965 | -0.2% |
| Equity | 10/15 | €22,682,120 | €21,838,452 | -€843,668 | -3.7% |
| Contributions | 10/11 | €23,139,725 | €21,939,725 | -€1.2m | -5.2% |
| Capital | 10 | €23,139,725 | €21,939,725 | -€1.2m | -5.2% |
| Issued capital | 100 | €23,139,725 | €21,939,725 | -€1.2m | -5.2% |
| Profit (loss) carried forward | 14 | -€457,604 | -€101,272 | +€356,332 | +77.9% |
| Amounts payable | 17/49 | €16,435,579 | €17,218,281 | +€782,703 | +4.8% |
| Amounts payable after more than one year | 17 | €15,900,000 | €15,900,000 | = | 0.0% |
| Financial debts | 170/4 | €15,900,000 | €15,900,000 | = | 0.0% |
| Other loans | 174 | €15,900,000 | €15,900,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,345 | €216,964 | +€208,618 | +2499.8% |
| Trade debts | 44 | €7,260 | €210,043 | +€202,783 | +2793.0% |
| Suppliers | 440/4 | €7,260 | €210,043 | +€202,783 | +2793.0% |
| Taxes, remuneration and social security | 45 | €1,085 | €6,920 | +€5,835 | +537.8% |
| Taxes | 450/3 | €1,085 | €6,920 | +€5,835 | +537.8% |
| Accrued charges and deferred income | 492/3 | €527,233 | €1,101,318 | +€574,085 | +108.9% |
| Operating income | 70/76A | €2,269,189 | €2,131,058 | -€138,131 | -6.1% |
| Turnover | 70 | €1,928,729 | €1,999,286 | +€70,557 | +3.7% |
| Other operating income | 74 | €340,460 | €131,772 | -€208,688 | -61.3% |
| Operating charges | 60/66A | €1,383,385 | €1,237,124 | -€146,261 | -10.6% |
| Services and other goods | 61 | €86,503 | €277,991 | +€191,487 | +221.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €959,169 | €957,383 | -€1,785 | -0.2% |
| Other operating charges | 640/8 | €337,713 | €1,750 | -€335,964 | -99.5% |
| Operating profit (loss) | 9901 | €885,804 | €893,934 | +€8,130 | +0.9% |
| Financial income | 75/76B | - | €33,822 | +€33,822 | |
| Recurring financial income | 75 | - | €33,822 | +€33,822 | |
| Income from current assets | 751 | - | €21,222 | +€21,222 | |
| Other financial income | 752/9 | - | €12,599 | +€12,599 | |
| Financial charges | 65/66B | €566,226 | €565,057 | -€1,169 | -0.2% |
| Recurring financial charges | 65 | €566,226 | €565,057 | -€1,169 | -0.2% |
| Debt charges | 650 | €565,775 | €564,229 | -€1,546 | -0.3% |
| Other financial charges | 652/9 | €451 | €828 | +€376 | +83.4% |
| Profit (loss) for the period before taxes | 9903 | €319,577 | €362,699 | +€43,121 | +13.5% |
| Income taxes | 67/77 | - | €6,367 | +€6,367 | |
| Taxes | 670/3 | - | €6,367 | +€6,367 | |
| Profit (loss) for the period | 9904 | €319,577 | €356,332 | +€36,755 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €319,577 | €356,332 | +€36,755 | +11.5% |
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 11 October 2026 via checked.be.