LEYS IJZERWERKEN: 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.
LEYS IJZERWERKEN
Largest movements
- Cash -€36,995
down €36,995 (-50.6%), from €73,140 to €36,145
mainly Other debts (-€39,546) and Net result for the year (-€25,415)
- Receivables within one year -€29,887
down €29,887 (-39.6%), from €75,449 to €45,562
of which Other amounts receivable: -€38,491
- Stocks and contracts -€25,263
down €25,263 (-86.3%), from €29,263 to €4,000
of which Contracts in progress: -€25,263
- Tangible fixed assets -€19,445
down €19,445 (-14.9%), from €130,183 to €110,738
of which Land and buildings: -€12,954
- Deferred charges and accrued income -€10,272
down €10,272 (-96.3%), from €10,664 to €392
- Other debts -€39,546
down €39,546 (-71.2%), from €55,520 to €15,974
- Profit (loss) carried forward -€25,415
down €25,415, from €3,827 to -€21,588
- Debts after one year -€19,588
down €19,588 (-23.0%), from €84,996 to €65,408
- Current portion of long-term debt -€18,414
down €18,414 (-47.2%), from €38,972 to €20,558
- Trade debts -€15,010
down €15,010 (-86.6%), from €17,341 to €2,331
- Gross operating margin -€184,081
down €184,081 (-99.1%), from €185,795 to €1,713
- Staff costs -€56,550
down €56,550 (-100%), from €56,550 to €0
- Taxes -€32,763
down €32,763 (-99.5%), from €32,928 to €165
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 | €598,699 | €476,837 | -€121,862 | -20.4% |
| Fixed assets | 21/28 | €130,183 | €110,738 | -€19,445 | -14.9% |
| Tangible fixed assets | 22/27 | €130,183 | €110,738 | -€19,445 | -14.9% |
| Land and buildings | 22 | €119,442 | €106,489 | -€12,954 | -10.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €10,741 | €4,250 | -€6,491 | -60.4% |
| Current assets | 29/58 | €468,515 | €366,099 | -€102,417 | -21.9% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €29,263 | €4,000 | -€25,263 | -86.3% |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €29,263 | €4,000 | -€25,263 | -86.3% |
| Amounts receivable within one year | 40/41 | €75,449 | €45,562 | -€29,887 | -39.6% |
| Trade receivables | 40 | €13,865 | €22,469 | +€8,604 | +62.1% |
| Other amounts receivable | 41 | €61,584 | €23,093 | -€38,491 | -62.5% |
| Current investments | 50/53 | €230,000 | €230,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,140 | €36,145 | -€36,995 | -50.6% |
| Deferred charges and accrued income | 490/1 | €10,664 | €392 | -€10,272 | -96.3% |
| Total equity and liabilities | 10/49 | €598,699 | €476,837 | -€121,862 | -20.4% |
| Equity | 10/15 | €397,693 | €372,279 | -€25,415 | -6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €375,266 | €375,266 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,926 | €1,926 | = | 0.0% |
| Distributable reserves | 133 | €371,481 | €371,481 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,827 | -€21,588 | -€25,415 | |
| Amounts payable | 17/49 | €201,005 | €104,558 | -€96,447 | -48.0% |
| Amounts payable after more than one year | 17 | €84,996 | €65,408 | -€19,588 | -23.0% |
| Financial debts | 170/4 | €84,996 | €65,408 | -€19,588 | -23.0% |
| Amounts payable within one year | 42/48 | €116,009 | €39,150 | -€76,859 | -66.3% |
| Current portion of amounts payable after more than one year | 42 | €38,972 | €20,558 | -€18,414 | -47.2% |
| Trade debts | 44 | €17,341 | €2,331 | -€15,010 | -86.6% |
| Suppliers | 440/4 | €17,341 | €2,331 | -€15,010 | -86.6% |
| Taxes, remuneration and social security | 45 | €4,176 | €286 | -€3,889 | -93.1% |
| Taxes | 450/3 | €283 | €286 | +€3 | +1.1% |
| Remuneration and social security | 454/9 | €3,893 | €0 | -€3,893 | -100% |
| Other amounts payable | 47/48 | €55,520 | €15,974 | -€39,546 | -71.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €233,802 | €0 | -€233,802 | -100% |
| Remuneration, social security and pensions | 62 | €56,550 | €0 | -€56,550 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,297 | €19,445 | -€852 | -4.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €943 | +€943 | |
| Other operating charges | 640/8 | €3,942 | €2,827 | -€1,114 | -28.3% |
| Gross operating margin | 9900 | €185,795 | €1,713 | -€184,081 | -99.1% |
| Operating profit (loss) | 9901 | €105,006 | -€21,502 | -€126,508 | |
| Financial income | 75/76B | €842 | €1,734 | +€893 | +106% |
| Recurring financial income | 75 | €842 | €1,734 | +€893 | +106% |
| Financial charges | 65/66B | €4,220 | €5,482 | +€1,262 | +29.9% |
| Recurring financial charges | 65 | €4,220 | €5,482 | +€1,262 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €101,628 | -€25,250 | -€126,878 | |
| Income taxes | 67/77 | €32,928 | €165 | -€32,763 | -99.5% |
| Profit (loss) for the period | 9904 | €68,700 | -€25,415 | -€94,114 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,700 | -€25,415 | -€94,114 |
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 21 October 2026 via checked.be.