Oude Leeuw: 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.
Oude Leeuw
Largest movements
- Receivables within one year +€147,047
up €147,047 (+122.7%), from €119,883 to €266,930
of which Other amounts receivable: +€128,446
- Cash -€26,303
down €26,303 (-78.9%), from €33,342 to €7,039
mainly Receivables within one year (-€147,047) and Investment in fixed assets (net) (-€3,911)
- Tangible fixed assets -€9,346
down €9,346 (-22.2%), from €42,110 to €32,764
of which Plant, machinery and equipment: -€6,620
- Intangible fixed assets -€3,591
down €3,591 (-25.0%), from €14,365 to €10,774
- Reserves +€55,156
up €55,156 (+46.1%), from €119,720 to €174,876
- Trade debts +€28,369
up €28,369 (+157.2%), from €18,042 to €46,411
- Debts after one year +€17,106
up €17,106 (+129.4%), from €13,224 to €30,330
- Current portion of long-term debt +€11,139
up €11,139 (+57.8%), from €19,266 to €30,405
- Gross operating margin +€106,542
up €106,542 (+79.2%), from €134,584 to €241,126
- Staff costs +€65,712
up €65,712 (+99.7%), from €65,897 to €131,609
- Taxes +€13,065
up €13,065 (+76.6%), from €17,066 to €30,131
- Financial charges +€6,113
up €6,113 (+135.9%), from €4,498 to €10,611
- Depreciation +€3,695
up €3,695 (+28.1%), from €13,154 to €16,848
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 | €223,063 | €333,476 | +€110,413 | +49.5% |
| Fixed assets | 21/28 | €61,000 | €48,063 | -€12,937 | -21.2% |
| Intangible fixed assets | 21 | €14,365 | €10,774 | -€3,591 | -25.0% |
| Tangible fixed assets | 22/27 | €42,110 | €32,764 | -€9,346 | -22.2% |
| Plant, machinery and equipment | 23 | €23,268 | €16,648 | -€6,620 | -28.5% |
| Furniture and vehicles | 24 | €7,274 | €6,877 | -€396 | -5.5% |
| Other tangible fixed assets | 26 | €11,568 | €9,239 | -€2,330 | -20.1% |
| Financial fixed assets | 28 | €4,525 | €4,525 | = | 0.0% |
| Current assets | 29/58 | €162,063 | €285,413 | +€123,350 | +76.1% |
| Stocks and contracts in progress | 3 | €1,700 | €1,885 | +€185 | +10.9% |
| Stocks | 30/36 | €1,700 | €1,885 | +€185 | +10.9% |
| Amounts receivable within one year | 40/41 | €119,883 | €266,930 | +€147,047 | +122.7% |
| Trade receivables | 40 | €46,572 | €65,174 | +€18,602 | +39.9% |
| Other amounts receivable | 41 | €73,311 | €201,756 | +€128,446 | +175.2% |
| Cash at bank and in hand | 54/58 | €33,342 | €7,039 | -€26,303 | -78.9% |
| Deferred charges and accrued income | 490/1 | €7,138 | €9,558 | +€2,421 | +33.9% |
| Total equity and liabilities | 10/49 | €223,063 | €333,476 | +€110,413 | +49.5% |
| Equity | 10/15 | €134,720 | €189,876 | +€55,156 | +40.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €119,720 | €174,876 | +€55,156 | +46.1% |
| Distributable reserves | 133 | €119,720 | €174,876 | +€55,156 | +46.1% |
| Amounts payable | 17/49 | €88,344 | €143,600 | +€55,257 | +62.5% |
| Amounts payable after more than one year | 17 | €13,224 | €30,330 | +€17,106 | +129.4% |
| Financial debts | 170/4 | €13,224 | €30,330 | +€17,106 | +129.4% |
| Amounts payable within one year | 42/48 | €75,120 | €113,270 | +€38,150 | +50.8% |
| Current portion of amounts payable after more than one year | 42 | €19,266 | €30,405 | +€11,139 | +57.8% |
| Financial debts | 43 | €1,379 | - | -€1,379 | |
| Other loans | 439 | €1,379 | - | -€1,379 | |
| Trade debts | 44 | €18,042 | €46,411 | +€28,369 | +157.2% |
| Suppliers | 440/4 | €18,042 | €46,411 | +€28,369 | +157.2% |
| Taxes, remuneration and social security | 45 | €36,433 | €36,455 | +€22 | +0.1% |
| Taxes | 450/3 | €31,013 | €19,676 | -€11,337 | -36.6% |
| Remuneration and social security | 454/9 | €5,421 | €16,779 | +€11,358 | +209.5% |
| Remuneration, social security and pensions | 62 | €65,897 | €131,609 | +€65,712 | +99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,154 | €16,848 | +€3,695 | +28.1% |
| Other operating charges | 640/8 | €2,787 | €3,582 | +€795 | +28.5% |
| Gross operating margin | 9900 | €134,584 | €241,126 | +€106,542 | +79.2% |
| Operating profit (loss) | 9901 | €52,746 | €89,087 | +€36,341 | +68.9% |
| Financial income | 75/76B | €3,590 | €6,810 | +€3,220 | +89.7% |
| Recurring financial income | 75 | €3,590 | €6,810 | +€3,220 | +89.7% |
| Financial charges | 65/66B | €4,498 | €10,611 | +€6,113 | +135.9% |
| Recurring financial charges | 65 | €4,498 | €10,611 | +€6,113 | +135.9% |
| Profit (loss) for the period before taxes | 9903 | €51,839 | €85,287 | +€33,448 | +64.5% |
| Income taxes | 67/77 | €17,066 | €30,131 | +€13,065 | +76.6% |
| Profit (loss) for the period | 9904 | €34,773 | €55,156 | +€20,383 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,773 | €55,156 | +€20,383 | +58.6% |
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 12 October 2026 via checked.be.