LEY MANAGEMENT: 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.
LEY MANAGEMENT
Largest movements
- Cash -€2,328
down €2,328 (-36.0%), from €6,472 to €4,144
mainly Other debts (-€11,784) and Receivables within one year (-€2,239)
- Receivables within one year +€2,239
new in 2025: €2,239
- Deferred charges and accrued income -€936
down €936 (-16.5%), from €5,659 to €4,723
- Other debts -€11,784
down €11,784 (-87.4%), from €13,484 to €1,700
- Tax, wage and social debts +€6,046
up €6,046 (+275%), from €2,196 to €8,242
- Profit (loss) carried forward +€4,898
up €4,898 (+52.2%), from -€9,380 to -€4,482
- Trade debts -€184
down €184 (-14.2%), from €1,294 to €1,111
- Gross operating margin +€14,864
up €14,864, from -€4,996 to €9,868
- Taxes +€997
up €997 (+644%), from €155 to €1,151
- Other operating charges -€270
down €270 (-10.5%), from €2,559 to €2,289
- Financial charges -€141
down €141 (-8.4%), from €1,670 to €1,530
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 | €12,131 | €11,106 | -€1,024 | -8.4% |
| Current assets | 29/58 | €12,131 | €11,106 | -€1,024 | -8.4% |
| Amounts receivable within one year | 40/41 | - | €2,239 | +€2,239 | |
| Other amounts receivable | 41 | - | €2,239 | +€2,239 | |
| Cash at bank and in hand | 54/58 | €6,472 | €4,144 | -€2,328 | -36.0% |
| Deferred charges and accrued income | 490/1 | €5,659 | €4,723 | -€936 | -16.5% |
| Total equity and liabilities | 10/49 | €12,131 | €11,106 | -€1,024 | -8.4% |
| Equity | 10/15 | -€4,844 | €53 | +€4,898 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,536 | €1,536 | = | 0.0% |
| Distributable reserves | 133 | €1,536 | €1,536 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,380 | -€4,482 | +€4,898 | +52.2% |
| Amounts payable | 17/49 | €16,975 | €11,053 | -€5,922 | -34.9% |
| Amounts payable within one year | 42/48 | €16,975 | €11,053 | -€5,922 | -34.9% |
| Trade debts | 44 | €1,294 | €1,111 | -€184 | -14.2% |
| Suppliers | 440/4 | €1,294 | €1,111 | -€184 | -14.2% |
| Taxes, remuneration and social security | 45 | €2,196 | €8,242 | +€6,046 | +275% |
| Taxes | 450/3 | €2,196 | €8,242 | +€6,046 | +275% |
| Other amounts payable | 47/48 | €13,484 | €1,700 | -€11,784 | -87.4% |
| Other operating charges | 640/8 | €2,559 | €2,289 | -€270 | -10.5% |
| Gross operating margin | 9900 | -€4,996 | €9,868 | +€14,864 | |
| Operating profit (loss) | 9901 | -€7,555 | €7,579 | +€15,134 | |
| Financial charges | 65/66B | €1,670 | €1,530 | -€141 | -8.4% |
| Recurring financial charges | 65 | €1,670 | €1,530 | -€141 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,225 | €6,049 | +€15,274 | |
| Income taxes | 67/77 | €155 | €1,151 | +€997 | +644% |
| Profit (loss) for the period | 9904 | -€9,380 | €4,898 | +€14,278 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,380 | €4,898 | +€14,278 |
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 14 October 2026 via checked.be.