Maison Leclercq: 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.
Maison Leclercq
Largest movements
- Tangible fixed assets +€294,847
up €294,847 (+154%), from €191,317 to €486,163
of which Land and buildings: +€329,833
- Cash +€190,058
up €190,058 (+317%), from €60,049 to €250,106
mainly Debts after one year (+€259,940) and Net result for the year (+€149,485)
- Stocks and contracts -€100,165
no longer reported in 2025 (was €100,165)
- Receivables within one year -€55,057
down €55,057 (-40.0%), from €137,649 to €82,593
of which Other amounts receivable: -€59,078
- Deferred charges and accrued income +€21,973
up €21,973 (+1,467%), from €1,498 to €23,471
- Debts after one year +€259,940
up €259,940 (+1,509%), from €17,221 to €277,161
- Profit (loss) carried forward +€149,485
up €149,485 (+60.6%), from €246,601 to €396,086
- Other debts -€90,000
down €90,000 (-45.0%), from €200,000 to €110,000
- Current portion of long-term debt +€22,839
new in 2025: €22,839
- Gross operating margin -€65,127
down €65,127 (-14.0%), from €466,606 to €401,480
- Other operating charges +€44,013
up €44,013 (+3,657%), from €1,204 to €45,216
- Taxes -€24,231
down €24,231 (-32.5%), from €74,596 to €50,365
- Staff costs -€16,843
down €16,843 (-15.0%), from €112,179 to €95,335
- Depreciation +€13,559
up €13,559 (+28.9%), from €46,862 to €60,421
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 | €494,755 | €844,522 | +€349,767 | +70.7% |
| Fixed assets | 21/28 | €195,395 | €488,353 | +€292,958 | +150% |
| Intangible fixed assets | 21 | €3,777 | €1,889 | -€1,889 | -50.0% |
| Tangible fixed assets | 22/27 | €191,317 | €486,163 | +€294,847 | +154% |
| Land and buildings | 22 | €84,003 | €413,836 | +€329,833 | +393% |
| Plant, machinery and equipment | 23 | €85,218 | €56,862 | -€28,356 | -33.3% |
| Furniture and vehicles | 24 | €6,713 | €7,774 | +€1,061 | +15.8% |
| Other tangible fixed assets | 26 | €15,383 | €7,691 | -€7,691 | -50.0% |
| Financial fixed assets | 28 | €301 | €301 | = | 0.0% |
| Current assets | 29/58 | €299,360 | €356,170 | +€56,809 | +19.0% |
| Stocks and contracts in progress | 3 | €100,165 | - | -€100,165 | |
| Stocks | 30/36 | €100,165 | - | -€100,165 | |
| Amounts receivable within one year | 40/41 | €137,649 | €82,593 | -€55,057 | -40.0% |
| Trade receivables | 40 | €5,665 | €9,686 | +€4,021 | +71.0% |
| Other amounts receivable | 41 | €131,984 | €72,906 | -€59,078 | -44.8% |
| Cash at bank and in hand | 54/58 | €60,049 | €250,106 | +€190,058 | +317% |
| Deferred charges and accrued income | 490/1 | €1,498 | €23,471 | +€21,973 | +1,467% |
| Total equity and liabilities | 10/49 | €494,755 | €844,522 | +€349,767 | +70.7% |
| Equity | 10/15 | €267,061 | €416,546 | +€149,485 | +56.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €246,601 | €396,086 | +€149,485 | +60.6% |
| Amounts payable | 17/49 | €227,694 | €427,977 | +€200,283 | +88.0% |
| Amounts payable after more than one year | 17 | €17,221 | €277,161 | +€259,940 | +1,509% |
| Financial debts | 170/4 | €17,221 | €277,161 | +€259,940 | +1,509% |
| Amounts payable within one year | 42/48 | €210,473 | €150,816 | -€59,657 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | - | €22,839 | +€22,839 | |
| Trade debts | 44 | €1,119 | €6,980 | +€5,861 | +524% |
| Suppliers | 440/4 | €1,119 | €6,980 | +€5,861 | +524% |
| Taxes, remuneration and social security | 45 | €9,354 | €10,997 | +€1,643 | +17.6% |
| Remuneration and social security | 454/9 | €9,354 | €10,997 | +€1,643 | +17.6% |
| Other amounts payable | 47/48 | €200,000 | €110,000 | -€90,000 | -45.0% |
| Remuneration, social security and pensions | 62 | €112,179 | €95,335 | -€16,843 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,862 | €60,421 | +€13,559 | +28.9% |
| Other operating charges | 640/8 | €1,204 | €45,216 | +€44,013 | +3,657% |
| Gross operating margin | 9900 | €466,606 | €401,480 | -€65,127 | -14.0% |
| Operating profit (loss) | 9901 | €306,362 | €200,507 | -€105,855 | -34.6% |
| Financial income | 75/76B | €421 | €538 | +€117 | +27.8% |
| Recurring financial income | 75 | €421 | €538 | +€117 | +27.8% |
| Financial charges | 65/66B | €220 | €1,196 | +€976 | +444% |
| Recurring financial charges | 65 | €220 | €1,196 | +€976 | +444% |
| Profit (loss) for the period before taxes | 9903 | €306,564 | €199,850 | -€106,714 | -34.8% |
| Income taxes | 67/77 | €74,596 | €50,365 | -€24,231 | -32.5% |
| Profit (loss) for the period | 9904 | €231,968 | €149,485 | -€82,483 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €231,968 | €149,485 | -€82,483 | -35.6% |
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 23 October 2026 via checked.be.