RealLease: 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.
RealLease
Largest movements
- Cash +€1.0m
up €1.0m (+238,799%), from €421 to €1.0m
mainly Stocks and contracts (+€910,939) and Short-term financial debts (+€250,000)
- Stocks and contracts -€910,939
down €910,939 (-31.9%), from €2.9m to €1.9m
- Receivables within one year -€67,025
down €67,025 (-36.5%), from €183,794 to €116,769
of which Trade receivables: -€36,633
- Short-term financial debts +€250,000
new in 2025: €250,000
- Other debts -€150,000
down €150,000 (-50.0%), from €300,000 to €150,000
- Debts after one year -€92,500
down €92,500 (-100%), from €92,500 to €0
- Gross operating margin +€130,057
up €130,057 (+140%), from €92,988 to €223,045
- Taxes +€33,612
up €33,612 (+140%), from €24,000 to €57,612
- Write-downs +€5,256
up €5,256, from -€5,256 to €0
- Staff costs -€2,812
down €2,812 (-100%), from €2,812 to €0
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 | €3,337,327 | €3,391,867 | +€54,540 | +1.6% |
| Current assets | 29/58 | €3,337,327 | €3,391,867 | +€54,540 | +1.6% |
| Amounts receivable after more than one year | 29 | €295,914 | €323,942 | +€28,028 | +9.5% |
| Trade receivables | 290 | €295,914 | €323,942 | +€28,028 | +9.5% |
| Stocks and contracts in progress | 3 | €2,856,459 | €1,945,520 | -€910,939 | -31.9% |
| Stocks | 30/36 | €2,856,459 | €1,945,520 | -€910,939 | -31.9% |
| Amounts receivable within one year | 40/41 | €183,794 | €116,769 | -€67,025 | -36.5% |
| Trade receivables | 40 | €38,421 | €1,788 | -€36,633 | -95.3% |
| Other amounts receivable | 41 | €145,373 | €114,981 | -€30,392 | -20.9% |
| Cash at bank and in hand | 54/58 | €421 | €1,005,026 | +€1.0m | +238,799% |
| Deferred charges and accrued income | 490/1 | €740 | €610 | -€129 | -17.5% |
| Total equity and liabilities | 10/49 | €3,337,327 | €3,391,867 | +€54,540 | +1.6% |
| Equity | 10/15 | €2,942,077 | €2,954,408 | +€12,331 | +0.4% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €75,000 | €75,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €75,000 | €75,000 | = | 0.0% |
| Legal reserve | 130 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,117,077 | €2,129,408 | +€12,331 | +0.6% |
| Amounts payable | 17/49 | €395,250 | €437,460 | +€42,210 | +10.7% |
| Amounts payable after more than one year | 17 | €92,500 | €0 | -€92,500 | -100% |
| Other amounts payable | 178/9 | €92,500 | €0 | -€92,500 | -100% |
| Amounts payable within one year | 42/48 | €302,750 | €436,600 | +€133,850 | +44.2% |
| Financial debts | 43 | - | €250,000 | +€250,000 | |
| Credit institutions | 430/8 | - | €250,000 | +€250,000 | |
| Trade debts | 44 | €2,750 | €3,600 | +€850 | +30.9% |
| Suppliers | 440/4 | €2,750 | €3,600 | +€850 | +30.9% |
| Taxes, remuneration and social security | 45 | €0 | €33,000 | +€33,000 | |
| Taxes | 450/3 | - | €33,000 | +€33,000 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €300,000 | €150,000 | -€150,000 | -50.0% |
| Accrued charges and deferred income | 492/3 | - | €859 | +€859 | |
| Remuneration, social security and pensions | 62 | €2,812 | €0 | -€2,812 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,256 | €0 | +€5,256 | |
| Other operating charges | 640/8 | €886 | €998 | +€112 | +12.7% |
| Gross operating margin | 9900 | €92,988 | €223,045 | +€130,057 | +140% |
| Operating profit (loss) | 9901 | €94,546 | €222,047 | +€127,500 | +135% |
| Financial income | 75/76B | €108 | €0 | -€108 | -100% |
| Recurring financial income | 75 | €108 | €0 | -€108 | -100% |
| Financial charges | 65/66B | €565 | €2,104 | +€1,539 | +273% |
| Recurring financial charges | 65 | €565 | €2,104 | +€1,539 | +273% |
| Profit (loss) for the period before taxes | 9903 | €94,089 | €219,942 | +€125,853 | +134% |
| Income taxes | 67/77 | €24,000 | €57,612 | +€33,612 | +140% |
| Profit (loss) for the period | 9904 | €70,089 | €162,331 | +€92,241 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €70,089 | €162,331 | +€92,241 | +132% |
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.