MIEKE VAN LEEUWE: what changed
MIEKE VAN LEEUWE
Largest movements
- Cash -€118,169
down €118,169 (-80.1%), from €147,533 to €29,364
mainly Contributions, distributions and other (-€113,536) and Receivables within one year (-€97,370)
- Receivables within one year +€97,370
up €97,370 (+468%), from €20,827 to €118,197
of which Trade receivables: +€87,745
- Tangible fixed assets +€16,254
up €16,254 (+61.2%), from €26,546 to €42,800
of which Furniture and vehicles: +€22,170
- Other debts -€18,478
down €18,478 (-12.2%), from €152,013 to €133,536
- Tax, wage and social debts +€10,021
up €10,021 (+35.2%), from €28,502 to €38,523
- Trade debts +€3,767
up €3,767 (+61.1%), from €6,161 to €9,927
- Gross operating margin +€41,708
up €41,708 (+36.3%), from €114,985 to €156,693
- Taxes +€11,220
up €11,220 (+53.4%), from €20,993 to €32,214
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,081 | €202,391 | -€4,691 | -2.3% |
| Fixed assets | 21/28 | €26,546 | €42,800 | +€16,254 | +61.2% |
| Tangible fixed assets | 22/27 | €26,546 | €42,800 | +€16,254 | +61.2% |
| Furniture and vehicles | 24 | €5,114 | €27,284 | +€22,170 | +434% |
| Other tangible fixed assets | 26 | €21,432 | €15,516 | -€5,916 | -27.6% |
| Current assets | 29/58 | €180,535 | €159,591 | -€20,945 | -11.6% |
| Amounts receivable within one year | 40/41 | €20,827 | €118,197 | +€97,370 | +468% |
| Trade receivables | 40 | €1,600 | €89,345 | +€87,745 | +5,485% |
| Other amounts receivable | 41 | €19,227 | €28,852 | +€9,625 | +50.1% |
| Current investments | 50/53 | €11,496 | €12,029 | +€533 | +4.6% |
| Cash at bank and in hand | 54/58 | €147,533 | €29,364 | -€118,169 | -80.1% |
| Deferred charges and accrued income | 490/1 | €679 | €0 | -€679 | -100% |
| Total equity and liabilities | 10/49 | €207,081 | €202,391 | -€4,691 | -2.3% |
| Equity | 10/15 | €20,405 | €20,405 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €186,676 | €181,986 | -€4,691 | -2.5% |
| Amounts payable within one year | 42/48 | €186,676 | €181,986 | -€4,691 | -2.5% |
| Trade debts | 44 | €6,161 | €9,927 | +€3,767 | +61.1% |
| Suppliers | 440/4 | €6,161 | €9,927 | +€3,767 | +61.1% |
| Taxes, remuneration and social security | 45 | €28,502 | €38,523 | +€10,021 | +35.2% |
| Taxes | 450/3 | €28,502 | €38,523 | +€10,021 | +35.2% |
| Other amounts payable | 47/48 | €152,013 | €133,536 | -€18,478 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,500 | €10,038 | +€1,538 | +18.1% |
| Other operating charges | 640/8 | €249 | €956 | +€708 | +285% |
| Gross operating margin | 9900 | €114,985 | €156,693 | +€41,708 | +36.3% |
| Operating profit (loss) | 9901 | €106,236 | €145,699 | +€39,462 | +37.1% |
| Financial income | 75/76B | €2,866 | €1,358 | -€1,508 | -52.6% |
| Recurring financial income | 75 | €2,866 | €1,358 | -€1,508 | -52.6% |
| Financial charges | 65/66B | €2,331 | €1,308 | -€1,023 | -43.9% |
| Recurring financial charges | 65 | €2,331 | €1,308 | -€1,023 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €106,771 | €145,749 | +€38,978 | +36.5% |
| Income taxes | 67/77 | €20,993 | €32,214 | +€11,220 | +53.4% |
| Profit (loss) for the period | 9904 | €85,778 | €113,536 | +€27,758 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,778 | €113,536 | +€27,758 | +32.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.