LOOK@LEO: 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.
LOOK@LEO
Largest movements
- Receivables within one year +€33,522
up €33,522 (+82.0%), from €40,889 to €74,411
of which Other amounts receivable: +€34,022
- Cash -€19,002
down €19,002 (-79.3%), from €23,976 to €4,974
mainly Receivables within one year (-€33,522) and Advances received (-€7,500)
- Stocks and contracts -€11,742
down €11,742 (-36.8%), from €31,922 to €20,181
- Profit (loss) carried forward +€12,429
up €12,429 (+21.4%), from -€58,080 to -€45,651
- Advances received -€7,500
down €7,500 (-25.0%), from €30,000 to €22,500
- Trade debts -€2,246
down €2,246 (-74.7%), from €3,008 to €762
- Gross operating margin +€17,946
up €17,946, from -€4,947 to €12,999
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 | €96,787 | €99,566 | +€2,779 | +2.9% |
| Current assets | 29/58 | €96,787 | €99,566 | +€2,779 | +2.9% |
| Stocks and contracts in progress | 3 | €31,922 | €20,181 | -€11,742 | -36.8% |
| Contracts in progress | 37 | €31,922 | €20,181 | -€11,742 | -36.8% |
| Amounts receivable within one year | 40/41 | €40,889 | €74,411 | +€33,522 | +82.0% |
| Trade receivables | 40 | €500 | - | -€500 | |
| Other amounts receivable | 41 | €40,389 | €74,411 | +€34,022 | +84.2% |
| Cash at bank and in hand | 54/58 | €23,976 | €4,974 | -€19,002 | -79.3% |
| Total equity and liabilities | 10/49 | €96,787 | €99,566 | +€2,779 | +2.9% |
| Equity | 10/15 | €63,779 | €76,208 | +€12,429 | +19.5% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,080 | -€45,651 | +€12,429 | +21.4% |
| Amounts payable | 17/49 | €33,008 | €23,358 | -€9,650 | -29.2% |
| Amounts payable within one year | 42/48 | €33,008 | €23,262 | -€9,746 | -29.5% |
| Trade debts | 44 | €3,008 | €762 | -€2,246 | -74.7% |
| Suppliers | 440/4 | €3,008 | €762 | -€2,246 | -74.7% |
| Advances received on contracts in progress | 46 | €30,000 | €22,500 | -€7,500 | -25.0% |
| Accrued charges and deferred income | 492/3 | - | €96 | +€96 | |
| Other operating charges | 640/8 | €502 | €507 | +€5 | +1.0% |
| Gross operating margin | 9900 | -€4,947 | €12,999 | +€17,946 | |
| Operating profit (loss) | 9901 | -€5,449 | €12,491 | +€17,941 | |
| Financial charges | 65/66B | €105 | €63 | -€42 | -40.2% |
| Recurring financial charges | 65 | €105 | €63 | -€42 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,554 | €12,429 | +€17,983 | |
| Profit (loss) for the period | 9904 | -€5,554 | €12,429 | +€17,983 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,554 | €12,429 | +€17,983 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.