S.A. LEYSKENS: 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.
S.A. LEYSKENS
Largest movements
- Tangible fixed assets -€148,237
down €148,237 (-14.1%), from €1.1m to €906,375
of which Land and buildings: -€75,545
- Receivables within one year -€120,498
down €120,498 (-11.7%), from €1.0m to €910,573
of which Trade receivables: -€180,906
- Stocks and contracts -€108,375
down €108,375 (-10.2%), from €1.1m to €951,144
- Intangible fixed assets +€96,000
new in 2025: €96,000
- Cash +€60,116
up €60,116 (+4,253%), from €1,414 to €61,529
mainly Depreciation (+€301,891) and Trade debts (+€126,003)
- Reserves -€147,782
down €147,782 (-15.1%), from €978,322 to €830,541
of which Distributable reserves: -€237,057
- Trade debts +€126,003
up €126,003 (+57.1%), from €220,617 to €346,619
- Debts after one year -€116,510
down €116,510 (-21.0%), from €556,026 to €439,516
- Tax, wage and social debts -€107,384
down €107,384 (-35.2%), from €305,490 to €198,106
of which Remuneration and social security: -€68,522
- Current portion of long-term debt +€36,766
up €36,766 (+15.1%), from €242,733 to €279,500
- Gross operating margin -€249,473
down €249,473 (-12.4%), from €2.0m to €1.8m
- Staff costs -€220,984
down €220,984 (-14.4%), from €1.5m to €1.3m
- Other operating charges +€34,963
up €34,963 (+215%), from €16,288 to €51,251
- Depreciation -€33,428
down €33,428 (-10.0%), from €335,319 to €301,891
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 | €3,400,615 | €3,220,279 | -€180,336 | -5.3% |
| Fixed assets | 21/28 | €1,058,612 | €1,006,375 | -€52,237 | -4.9% |
| Intangible fixed assets | 21 | - | €96,000 | +€96,000 | |
| Tangible fixed assets | 22/27 | €1,054,612 | €906,375 | -€148,237 | -14.1% |
| Land and buildings | 22 | €263,494 | €187,948 | -€75,545 | -28.7% |
| Plant, machinery and equipment | 23 | €127,382 | €157,254 | +€29,871 | +23.5% |
| Furniture and vehicles | 24 | €8,547 | €1,764 | -€6,783 | -79.4% |
| Leasing and similar rights | 25 | €621,189 | €559,409 | -€61,780 | -9.9% |
| Other tangible fixed assets | 26 | €34,000 | - | -€34,000 | |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €2,342,003 | €2,213,904 | -€128,099 | -5.5% |
| Stocks and contracts in progress | 3 | €1,059,519 | €951,144 | -€108,375 | -10.2% |
| Stocks | 30/36 | €1,059,519 | €951,144 | -€108,375 | -10.2% |
| Amounts receivable within one year | 40/41 | €1,031,071 | €910,573 | -€120,498 | -11.7% |
| Trade receivables | 40 | €1,031,071 | €850,165 | -€180,906 | -17.5% |
| Other amounts receivable | 41 | - | €60,407 | +€60,407 | |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,414 | €61,529 | +€60,116 | +4,253% |
| Deferred charges and accrued income | 490/1 | - | €40,658 | +€40,658 | |
| Total equity and liabilities | 10/49 | €3,400,615 | €3,220,279 | -€180,336 | -5.3% |
| Equity | 10/15 | €1,336,323 | €1,177,996 | -€158,327 | -11.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Revaluation surpluses | 12 | €24,218 | - | -€24,218 | |
| Reserves | 13 | €978,322 | €830,541 | -€147,782 | -15.1% |
| Non-distributable reserves | 130/1 | €270,000 | €359,275 | +€89,275 | +33.1% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Own shares acquired | 1312 | €250,000 | €250,000 | = | 0.0% |
| Other | 1319 | - | €89,275 | +€89,275 | |
| Distributable reserves | 133 | €708,322 | €471,265 | -€237,057 | -33.5% |
| Profit (loss) carried forward | 14 | €133,782 | €147,455 | +€13,673 | +10.2% |
| Amounts payable | 17/49 | €2,064,292 | €2,042,283 | -€22,009 | -1.1% |
| Amounts payable after more than one year | 17 | €556,026 | €439,516 | -€116,510 | -21.0% |
| Financial debts | 170/4 | €556,026 | €439,516 | -€116,510 | -21.0% |
| Amounts payable within one year | 42/48 | €1,508,266 | €1,602,768 | +€94,501 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €242,733 | €279,500 | +€36,766 | +15.1% |
| Financial debts | 43 | €717,926 | €728,542 | +€10,616 | +1.5% |
| Credit institutions | 430/8 | €717,926 | €728,542 | +€10,616 | +1.5% |
| Trade debts | 44 | €220,617 | €346,619 | +€126,003 | +57.1% |
| Suppliers | 440/4 | €220,617 | €346,619 | +€126,003 | +57.1% |
| Taxes, remuneration and social security | 45 | €305,490 | €198,106 | -€107,384 | -35.2% |
| Taxes | 450/3 | €103,609 | €64,747 | -€38,862 | -37.5% |
| Remuneration and social security | 454/9 | €201,881 | €133,359 | -€68,522 | -33.9% |
| Other amounts payable | 47/48 | €21,500 | €50,000 | +€28,500 | +133% |
| Non-recurring operating income | 76A | €9,643 | €8,407 | -€1,236 | -12.8% |
| Remuneration, social security and pensions | 62 | €1,532,025 | €1,311,041 | -€220,984 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335,319 | €301,891 | -€33,428 | -10.0% |
| Other operating charges | 640/8 | €16,288 | €51,251 | +€34,963 | +215% |
| Gross operating margin | 9900 | €2,018,449 | €1,768,976 | -€249,473 | -12.4% |
| Operating profit (loss) | 9901 | €134,817 | €104,793 | -€30,024 | -22.3% |
| Financial income | 75/76B | €702 | €126 | -€576 | -82.1% |
| Recurring financial income | 75 | €702 | €126 | -€576 | -82.1% |
| Financial charges | 65/66B | €75,832 | €70,172 | -€5,660 | -7.5% |
| Recurring financial charges | 65 | €75,832 | €70,172 | -€5,660 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €59,687 | €34,747 | -€24,940 | -41.8% |
| Transfer from deferred taxes | 780 | €24,210 | €24,218 | +€9 | 0.0% |
| Income taxes | 67/77 | €22,379 | €21,074 | -€1,305 | -5.8% |
| Profit (loss) for the period | 9904 | €61,518 | €37,891 | -€23,626 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €61,518 | €37,891 | -€23,626 | -38.4% |
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 24 October 2026 via checked.be.