LEYCO: 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.
LEYCO
Largest movements
- Cash -€301,883
down €301,883 (-48.8%), from €619,062 to €317,178
mainly Current investments (-€231,966) and Contributions, distributions and other (-€216,151)
- Current investments +€231,966
up €231,966 (+17.6%), from €1.3m to €1.6m
- Profit (loss) carried forward -€1.1m
down €1.1m (-100.0%), from €1.1m to €0
- Reserves +€1.1m
up €1.1m (+68.2%), from €1.6m to €2.8m
of which Distributable reserves: +€1.1m
- Financial charges +€62,743
up €62,743 (+234.8%), from €26,720 to €89,463
- Other operating charges -€54,580
down €54,580 (-60.4%), from €90,382 to €35,802
- Write-downs +€46,548
up €46,548, from -€46,548 to €0
- Taxes -€33,796
down €33,796 (-24.5%), from €137,802 to €104,006
- Gross operating margin -€25,200
down €25,200 (-2.0%), from €1.2m to €1.2m
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 | €3,227,474 | €3,193,413 | -€34,061 | -1.1% |
| Fixed assets | 21/28 | €619,220 | €611,395 | -€7,825 | -1.3% |
| Tangible fixed assets | 22/27 | €616,720 | €608,895 | -€7,825 | -1.3% |
| Land and buildings | 22 | €201,743 | €191,306 | -€10,437 | -5.2% |
| Plant, machinery and equipment | 23 | €280,000 | €286,802 | +€6,802 | +2.4% |
| Furniture and vehicles | 24 | €134,976 | €130,787 | -€4,190 | -3.1% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €2,608,255 | €2,582,018 | -€26,236 | -1.0% |
| Stocks and contracts in progress | 3 | €224,372 | €237,750 | +€13,378 | +6.0% |
| Stocks | 30/36 | €224,372 | €237,750 | +€13,378 | +6.0% |
| Amounts receivable within one year | 40/41 | €434,266 | €453,726 | +€19,460 | +4.5% |
| Trade receivables | 40 | €418,150 | €431,661 | +€13,510 | +3.2% |
| Other amounts receivable | 41 | €16,116 | €22,066 | +€5,950 | +36.9% |
| Current investments | 50/53 | €1,318,507 | €1,550,473 | +€231,966 | +17.6% |
| Cash at bank and in hand | 54/58 | €619,062 | €317,178 | -€301,883 | -48.8% |
| Deferred charges and accrued income | 490/1 | €12,048 | €22,891 | +€10,843 | +90.0% |
| Total equity and liabilities | 10/49 | €3,227,474 | €3,193,413 | -€34,061 | -1.1% |
| Equity | 10/15 | €2,913,809 | €2,898,701 | -€15,109 | -0.5% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €1,649,240 | €2,773,701 | +€1.1m | +68.2% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €1,636,740 | €2,761,201 | +€1.1m | +68.7% |
| Profit (loss) carried forward | 14 | €1,139,570 | €0 | -€1.1m | -100.0% |
| Amounts payable | 17/49 | €313,665 | €294,713 | -€18,952 | -6.0% |
| Amounts payable within one year | 42/48 | €313,665 | €294,713 | -€18,952 | -6.0% |
| Trade debts | 44 | €189,936 | €179,350 | -€10,586 | -5.6% |
| Suppliers | 440/4 | €189,936 | €179,350 | -€10,586 | -5.6% |
| Taxes, remuneration and social security | 45 | €109,782 | €95,650 | -€14,132 | -12.9% |
| Taxes | 450/3 | €45,959 | €21,553 | -€24,406 | -53.1% |
| Remuneration and social security | 454/9 | €63,824 | €74,097 | +€10,274 | +16.1% |
| Other amounts payable | 47/48 | €13,947 | €19,713 | +€5,766 | +41.3% |
| Remuneration, social security and pensions | 62 | €668,733 | €693,699 | +€24,965 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,812 | €114,482 | +€20,670 | +22.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€46,548 | €0 | +€46,548 | |
| Other operating charges | 640/8 | €90,382 | €35,802 | -€54,580 | -60.4% |
| Gross operating margin | 9900 | €1,233,917 | €1,208,717 | -€25,200 | -2.0% |
| Operating profit (loss) | 9901 | €427,538 | €364,735 | -€62,803 | -14.7% |
| Financial income | 75/76B | €37,657 | €29,777 | -€7,880 | -20.9% |
| Recurring financial income | 75 | €37,657 | €29,777 | -€7,880 | -20.9% |
| Financial charges | 65/66B | €26,720 | €89,463 | +€62,743 | +234.8% |
| Recurring financial charges | 65 | €26,720 | €89,463 | +€62,743 | +234.8% |
| Profit (loss) for the period before taxes | 9903 | €438,475 | €305,049 | -€133,426 | -30.4% |
| Income taxes | 67/77 | €137,802 | €104,006 | -€33,796 | -24.5% |
| Profit (loss) for the period | 9904 | €300,673 | €201,042 | -€99,631 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €300,673 | €201,042 | -€99,631 | -33.1% |
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 10 October 2026 via checked.be.