Reactive Leuven: 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.
Reactive Leuven
Largest movements
- Tangible fixed assets -€19,795
down €19,795 (-5.0%), from €398,351 to €378,556
of which Land and buildings: -€18,155
- Cash -€4,481
down €4,481 (-97.0%), from €4,622 to €141
mainly Debts after one year (-€15,145) and Net result for the year (-€8,311)
- Debts after one year -€15,145
down €15,145 (-4.7%), from €323,437 to €308,292
- Profit (loss) carried forward -€8,311
down €8,311 (-27.5%), from -€30,246 to -€38,557
- Gross operating margin +€3,899
up €3,899 (+16.5%), from €23,641 to €27,539
- Depreciation +€656
up €656 (+2.9%), from €22,567 to €23,224
- Financial charges -€468
down €468 (-3.6%), from €13,094 to €12,627
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €404,925 | €382,882 | -€22,043 | -5.4% |
| Fixed assets | 21/28 | €399,851 | €380,056 | -€19,795 | -5.0% |
| Tangible fixed assets | 22/27 | €398,351 | €378,556 | -€19,795 | -5.0% |
| Land and buildings | 22 | €394,996 | €376,841 | -€18,155 | -4.6% |
| Furniture and vehicles | 24 | €3,355 | €1,716 | -€1,639 | -48.9% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €5,074 | €2,826 | -€2,249 | -44.3% |
| Amounts receivable within one year | 40/41 | €348 | €2,580 | +€2,233 | +642% |
| Trade receivables | 40 | €348 | €2,080 | +€1,733 | +498% |
| Other amounts receivable | 41 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €4,622 | €141 | -€4,481 | -97.0% |
| Deferred charges and accrued income | 490/1 | €105 | €105 | = | 0.0% |
| Total equity and liabilities | 10/49 | €404,925 | €382,882 | -€22,043 | -5.4% |
| Equity | 10/15 | -€10,246 | -€18,557 | -€8,311 | -81.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,246 | -€38,557 | -€8,311 | -27.5% |
| Amounts payable | 17/49 | €415,171 | €401,439 | -€13,732 | -3.3% |
| Amounts payable after more than one year | 17 | €323,437 | €308,292 | -€15,145 | -4.7% |
| Financial debts | 170/4 | €323,437 | €308,292 | -€15,145 | -4.7% |
| Amounts payable within one year | 42/48 | €91,734 | €93,146 | +€1,413 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €14,599 | €15,145 | +€546 | +3.7% |
| Trade debts | 44 | €1,169 | - | -€1,169 | |
| Suppliers | 440/4 | €1,169 | - | -€1,169 | |
| Taxes, remuneration and social security | 45 | €3,300 | €1,488 | -€1,812 | -54.9% |
| Taxes | 450/3 | €3,300 | €1,488 | -€1,812 | -54.9% |
| Other amounts payable | 47/48 | €72,665 | €76,513 | +€3,848 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,567 | €23,224 | +€656 | +2.9% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €23,641 | €27,539 | +€3,899 | +16.5% |
| Operating profit (loss) | 9901 | €686 | €4,316 | +€3,630 | +529% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €13,094 | €12,627 | -€468 | -3.6% |
| Recurring financial charges | 65 | €13,094 | €12,627 | -€468 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,408 | -€8,311 | +€4,097 | +33.0% |
| Profit (loss) for the period | 9904 | -€12,408 | -€8,311 | +€4,097 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,408 | -€8,311 | +€4,097 | +33.0% |
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 14 October 2026 via checked.be.