Mr Lease: what changed
What changed
Mr Lease
NACE 77.120, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
€2.6m
2024 · €2.1m+€539,524
Equity
€10.4m
2024 · €7.8m+€2.6m
Cash
€3.8m
2024 · €3.5m+€275,907
Balance sheet total
€50.5m
2024 · €38.6m+€11.9m
Largest movements
Assets
- Receivables after one year +€5.1m
up €5.1m (+37.1%), from €13.7m to €18.8m
of which Trade receivables: +€5.4m
- Receivables within one year +€3.1m
up €3.1m (+15.9%), from €19.4m to €22.5m
of which Other amounts receivable: +€1.7m
- Stocks and contracts +€2.2m
up €2.2m (+171%), from €1.3m to €3.5m
- Current investments +€750,000
new in 2025: €750,000
Equity and liabilities
- Debts after one year +€5.1m
up €5.1m (+41.8%), from €12.1m to €17.2m
- Current portion of long-term debt +€2.6m
up €2.6m (+19.4%), from €13.2m to €15.8m
- Trade debts +€1.7m
up €1.7m (+42.6%), from €3.9m to €5.5m
- Profit (loss) carried forward +€1.6m
up €1.6m (+34.1%), from €4.8m to €6.4m
- Reserves +€999,997
up €999,997 (+100%), from €999,997 to €2.0m
Income statement
- Turnover +€9.1m
up €9.1m (+32.3%), from €28.1m to €37.1m
- Goods and materials +€7.6m
up €7.6m (+33.3%), from €22.8m to €30.4m
of which Purchases: +€10.5m
- Write-downs +€669,846
up €669,846, from -€154,761 to €515,084
- Services and other goods +€628,037
up €628,037 (+16.9%), from €3.7m to €4.3m
- Financial income +€501,984
up €501,984 (+13.7%), from €3.7m to €4.2m
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.
Result 2024
€2.1m
Turnover
+€9.1m
Other operating income
+€26,648
Goods and materials
-€7.6m
Services and other goods
-€628,037
Staff costs
-€136,001
Depreciation
-€385,120
Write-downs
-€669,846
Other operating charges
+€287,465
Other operating items
+€273,378
Financial income
+€501,984
Financial charges
-€32,115
Taxes
-€167,523
Result 2025
€2.6m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€5.4m
Investment
-€2.0m
Financing
+€7.6m
Cash 2024
€3.5m
From operations (derived)
-€5.4m
Net result for the year
+€2.6m
Depreciation
+€859,111
Receivables after one year
-€5.1m
Stocks and contracts
-€2.2m
Receivables within one year
-€3.1m
Deferred charges and accrued income
-€99,808
Trade debts
+€1.7m
Tax, wage and social debts
+€187,616
Advances received
-€276,658
Other debts
+€2,500
Accrued charges and deferred income
+€27,704
Investment (derived)
-€2.0m
Investment in fixed assets (net)
-€1.2m
Current investments
-€750,000
Financing
+€7.6m
Debts after one year
+€5.1m
Current portion of long-term debt
+€2.6m
Cash 2025
€3.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,622,915 | €50,477,332 | +€11.9m | +30.7% |
| Fixed assets | 21/28 | €687,500 | €1,072,018 | +€384,518 | +55.9% |
| Intangible fixed assets | 21 | - | €235,890 | +€235,890 | |
| Tangible fixed assets | 22/27 | €587,500 | €733,128 | +€145,629 | +24.8% |
| Furniture and vehicles | 24 | €453,648 | €480,335 | +€26,687 | +5.9% |
| Leasing and similar rights | 25 | €133,852 | €252,794 | +€118,942 | +88.9% |
| Financial fixed assets | 28 | €100,000 | €103,000 | +€3,000 | +3.0% |
| Affiliated companies | 280/1 | €100,000 | €103,000 | +€3,000 | +3.0% |
| Participating interests | 280 | €100,000 | €103,000 | +€3,000 | +3.0% |
| Current assets | 29/58 | €37,935,415 | €49,405,315 | +€11.5m | +30.2% |
| Amounts receivable after more than one year | 29 | €13,694,366 | €18,773,414 | +€5.1m | +37.1% |
| Trade receivables | 290 | €12,619,415 | €18,013,412 | +€5.4m | +42.7% |
| Other amounts receivable | 291 | €1,074,952 | €760,002 | -€314,950 | -29.3% |
| Stocks and contracts in progress | 3 | €1,276,658 | €3,454,550 | +€2.2m | +171% |
| Stocks | 30/36 | €1,276,658 | €3,454,550 | +€2.2m | +171% |
| Goods purchased for resale | 34 | €1,276,658 | €3,454,550 | +€2.2m | +171% |
| Amounts receivable within one year | 40/41 | €19,409,382 | €22,496,628 | +€3.1m | +15.9% |
| Trade receivables | 40 | €16,618,591 | €17,959,245 | +€1.3m | +8.1% |
| Other amounts receivable | 41 | €2,790,791 | €4,537,383 | +€1.7m | +62.6% |
| Current investments | 50/53 | - | €750,000 | +€750,000 | |
| Other investments | 51/53 | - | €750,000 | +€750,000 | |
| Cash at bank and in hand | 54/58 | €3,519,372 | €3,795,278 | +€275,907 | +7.8% |
| Deferred charges and accrued income | 490/1 | €35,637 | €135,445 | +€99,808 | +280% |
| Total equity and liabilities | 10/49 | €38,622,915 | €50,477,332 | +€11.9m | +30.7% |
| Equity | 10/15 | €7,768,413 | €10,396,230 | +€2.6m | +33.8% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €999,997 | €1,999,994 | +€999,997 | +100% |
| Tax-exempt reserves | 132 | €999,997 | €1,999,994 | +€999,997 | +100% |
| Profit (loss) carried forward | 14 | €4,768,416 | €6,396,235 | +€1.6m | +34.1% |
| Amounts payable | 17/49 | €30,854,501 | €40,081,103 | +€9.2m | +29.9% |
| Amounts payable after more than one year | 17 | €12,130,087 | €17,203,812 | +€5.1m | +41.8% |
| Financial debts | 170/4 | €12,130,087 | €17,203,812 | +€5.1m | +41.8% |
| Leasing and similar obligations | 172 | €12,130,087 | €17,203,812 | +€5.1m | +41.8% |
| Amounts payable within one year | 42/48 | €17,976,559 | €22,101,732 | +€4.1m | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €13,218,417 | €15,777,287 | +€2.6m | +19.4% |
| Trade debts | 44 | €3,875,795 | €5,528,639 | +€1.7m | +42.6% |
| Suppliers | 440/4 | €3,875,795 | €5,528,639 | +€1.7m | +42.6% |
| Advances received on contracts in progress | 46 | €728,668 | €452,010 | -€276,658 | -38.0% |
| Taxes, remuneration and social security | 45 | €151,204 | €338,820 | +€187,616 | +124% |
| Taxes | 450/3 | €89,317 | €255,125 | +€165,808 | +186% |
| Remuneration and social security | 454/9 | €61,888 | €83,695 | +€21,808 | +35.2% |
| Other amounts payable | 47/48 | €2,475 | €4,975 | +€2,500 | +101% |
| Accrued charges and deferred income | 492/3 | €747,856 | €775,559 | +€27,704 | +3.7% |
| Operating income | 70/76A | €28,570,986 | €37,936,783 | +€9.4m | +32.8% |
| Turnover | 70 | €28,069,799 | €37,135,569 | +€9.1m | +32.3% |
| Own construction capitalised | 72 | - | €273,378 | +€273,378 | |
| Other operating income | 74 | €501,188 | €527,836 | +€26,648 | +5.3% |
| Operating charges | 60/66A | €28,257,072 | €37,385,691 | +€9.1m | +32.3% |
| Goods for resale, raw materials and consumables | 60 | €22,789,490 | €30,386,569 | +€7.6m | +33.3% |
| Purchases | 600/8 | €22,097,437 | €32,564,461 | +€10.5m | +47.4% |
| Change in stocks: decrease (increase) | 609 | €692,053 | -€2,177,892 | -€2.9m | |
| Services and other goods | 61 | €3,707,800 | €4,335,837 | +€628,037 | +16.9% |
| Remuneration, social security and pensions | 62 | €638,681 | €774,683 | +€136,001 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €473,990 | €859,111 | +€385,120 | +81.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€154,761 | €515,084 | +€669,846 | |
| Other operating charges | 640/8 | €801,872 | €514,407 | -€287,465 | -35.8% |
| Operating profit (loss) | 9901 | €313,914 | €551,091 | +€237,177 | +75.6% |
| Financial income | 75/76B | €3,659,016 | €4,161,001 | +€501,984 | +13.7% |
| Recurring financial income | 75 | €3,659,016 | €4,161,001 | +€501,984 | +13.7% |
| Income from financial fixed assets | 750 | €33,112 | €31,331 | -€1,780 | -5.4% |
| Income from current assets | 751 | €3,625,238 | €4,116,211 | +€490,973 | +13.5% |
| Other financial income | 752/9 | €667 | €13,458 | +€12,791 | +1,918% |
| Financial charges | 65/66B | €1,360,288 | €1,392,403 | +€32,115 | +2.4% |
| Recurring financial charges | 65 | €1,360,288 | €1,392,403 | +€32,115 | +2.4% |
| Debt charges | 650 | €1,358,419 | €1,387,212 | +€28,793 | +2.1% |
| Other financial charges | 652/9 | €1,869 | €5,190 | +€3,322 | +178% |
| Profit (loss) for the period before taxes | 9903 | €2,612,643 | €3,319,689 | +€707,046 | +27.1% |
| Income taxes | 67/77 | €524,350 | €691,873 | +€167,523 | +31.9% |
| Taxes | 670/3 | €526,846 | €691,873 | +€165,027 | +31.3% |
| Tax adjustments and reversals of tax provisions | 77 | €2,495 | - | -€2,495 | |
| Profit (loss) for the period | 9904 | €2,088,293 | €2,627,816 | +€539,524 | +25.8% |
| Transfer to tax-exempt reserves | 689 | €999,997 | €999,997 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,088,295 | €1,627,819 | +€539,524 | +49.6% |
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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.