PROMOTION LEOPOLD: 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.
PROMOTION LEOPOLD
Largest movements
- Cash -€6,871
down €6,871 (-34.0%), from €20,224 to €13,353
mainly Net result for the year (-€25,403) and Receivables within one year (-€2,354)
- Receivables within one year +€2,354
up €2,354 (+1,615%), from €146 to €2,500
of which Trade receivables: +€2,500
- Profit (loss) carried forward -€25,403
down €25,403 (-26.7%), from -€95,052 to -€120,455
- Other debts +€22,000
new in 2025: €22,000
- Trade debts -€1,114
down €1,114 (-20.5%), from €5,422 to €4,308
- Gross operating margin +€13,545
up €13,545 (+35.2%), from -€38,473 to -€24,929
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 | €20,370 | €15,853 | -€4,517 | -22.2% |
| Current assets | 29/58 | €20,370 | €15,853 | -€4,517 | -22.2% |
| Amounts receivable within one year | 40/41 | €146 | €2,500 | +€2,354 | +1,615% |
| Trade receivables | 40 | - | €2,500 | +€2,500 | |
| Other amounts receivable | 41 | €146 | - | -€146 | |
| Cash at bank and in hand | 54/58 | €20,224 | €13,353 | -€6,871 | -34.0% |
| Total equity and liabilities | 10/49 | €20,370 | €15,853 | -€4,517 | -22.2% |
| Equity | 10/15 | €14,948 | -€10,455 | -€25,403 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,052 | -€120,455 | -€25,403 | -26.7% |
| Amounts payable | 17/49 | €5,422 | €26,308 | +€20,886 | +385% |
| Amounts payable within one year | 42/48 | €5,422 | €26,308 | +€20,886 | +385% |
| Trade debts | 44 | €5,422 | €4,308 | -€1,114 | -20.5% |
| Suppliers | 440/4 | €5,422 | €4,308 | -€1,114 | -20.5% |
| Other amounts payable | 47/48 | - | €22,000 | +€22,000 | |
| Other operating charges | 640/8 | €96 | €99 | +€3 | +3.3% |
| Gross operating margin | 9900 | -€38,473 | -€24,929 | +€13,545 | +35.2% |
| Operating profit (loss) | 9901 | -€38,569 | -€25,028 | +€13,541 | +35.1% |
| Financial income | 75/76B | €486 | €188 | -€298 | -61.3% |
| Recurring financial income | 75 | €486 | €188 | -€298 | -61.3% |
| Financial charges | 65/66B | €495 | €507 | +€12 | +2.5% |
| Recurring financial charges | 65 | €495 | €507 | +€12 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€38,578 | -€25,347 | +€13,231 | +34.3% |
| Income taxes | 67/77 | - | €56 | +€56 | |
| Profit (loss) for the period | 9904 | -€38,578 | -€25,403 | +€13,175 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,578 | -€25,403 | +€13,175 | +34.2% |
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 30 October 2026 via checked.be.