Nele Leys: 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.
Nele Leys
Largest movements
- Receivables within one year +€17,332
up €17,332 (+8144.8%), from €213 to €17,545
of which Trade receivables: +€17,545
- Cash +€13,515
up €13,515 (+124.3%), from €10,872 to €24,387
mainly Net result for the year (+€18,869) and Other debts (+€18,064)
- Deferred charges and accrued income +€1,523
up €1,523 (+13.2%), from €11,543 to €13,066
- Tangible fixed assets -€1,110
down €1,110 (-6.2%), from €17,994 to €16,883
of which Other tangible fixed assets: -€889
- Intangible fixed assets -€787
down €787 (-20.0%), from €3,936 to €3,148
- Other debts +€18,064
up €18,064 (+127.2%), from €14,202 to €32,265
- Trade debts +€13,878
up €13,878 (+233.9%), from €5,933 to €19,811
- Reserves -€1,877
down €1,877 (-9.6%), from €19,638 to €17,761
- Gross operating margin +€16,766
up €16,766 (+213.5%), from €7,851 to €24,617
- Taxes -€1,469
down €1,469 (-38.8%), from €3,787 to €2,319
- Depreciation +€1,292
up €1,292 (+213.1%), from €606 to €1,898
- Other operating charges -€348
down €348 (-39.6%), from €879 to €531
- Financial charges +€269
up €269 (+38.2%), from €702 to €971
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.
Cash bridge derived
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 | €44,557 | €75,030 | +€30,473 | +68.4% |
| Fixed assets | 21/28 | €21,929 | €20,032 | -€1,898 | -8.7% |
| Intangible fixed assets | 21 | €3,936 | €3,148 | -€787 | -20.0% |
| Tangible fixed assets | 22/27 | €17,994 | €16,883 | -€1,110 | -6.2% |
| Furniture and vehicles | 24 | €599 | €377 | -€221 | -37.0% |
| Other tangible fixed assets | 26 | €17,395 | €16,506 | -€889 | -5.1% |
| Current assets | 29/58 | €22,627 | €54,998 | +€32,371 | +143.1% |
| Amounts receivable within one year | 40/41 | €213 | €17,545 | +€17,332 | +8144.8% |
| Trade receivables | 40 | - | €17,545 | +€17,545 | |
| Other amounts receivable | 41 | €213 | €0 | -€213 | -100.0% |
| Cash at bank and in hand | 54/58 | €10,872 | €24,387 | +€13,515 | +124.3% |
| Deferred charges and accrued income | 490/1 | €11,543 | €13,066 | +€1,523 | +13.2% |
| Total equity and liabilities | 10/49 | €44,557 | €75,030 | +€30,473 | +68.4% |
| Equity | 10/15 | €22,638 | €20,761 | -€1,877 | -8.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,638 | €17,761 | -€1,877 | -9.6% |
| Distributable reserves | 133 | €19,638 | €17,761 | -€1,877 | -9.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €21,919 | €54,269 | +€32,350 | +147.6% |
| Amounts payable within one year | 42/48 | €21,919 | €54,269 | +€32,350 | +147.6% |
| Trade debts | 44 | €5,933 | €19,811 | +€13,878 | +233.9% |
| Suppliers | 440/4 | €5,933 | €19,811 | +€13,878 | +233.9% |
| Taxes, remuneration and social security | 45 | €1,784 | €2,192 | +€408 | +22.9% |
| Taxes | 450/3 | €177 | €585 | +€408 | +230.5% |
| Remuneration and social security | 454/9 | €1,607 | €1,607 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €14,202 | €32,265 | +€18,064 | +127.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €606 | €1,898 | +€1,292 | +213.1% |
| Other operating charges | 640/8 | €879 | €531 | -€348 | -39.6% |
| Non-recurring operating charges | 66A | - | €34 | +€34 | |
| Gross operating margin | 9900 | €7,851 | €24,617 | +€16,766 | +213.5% |
| Operating profit (loss) | 9901 | €6,366 | €22,155 | +€15,788 | +248.0% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €702 | €971 | +€269 | +38.2% |
| Recurring financial charges | 65 | €702 | €971 | +€269 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €5,664 | €21,188 | +€15,524 | +274.1% |
| Income taxes | 67/77 | €3,787 | €2,319 | -€1,469 | -38.8% |
| Profit (loss) for the period | 9904 | €1,877 | €18,869 | +€16,992 | +905.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,877 | €18,869 | +€16,992 | +905.4% |
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 12 October 2026 via checked.be.