T.LEONAERS: what changed
T.LEONAERS
Largest movements
- Cash +€183,766
up €183,766 (+586%), from €31,383 to €215,150
mainly Net result for the year (+€130,374) and Deferred charges and accrued income (+€95,480)
- Deferred charges and accrued income -€95,480
down €95,480 (-89.2%), from €107,016 to €11,535
- Current investments +€38,094
up €38,094 (+7.0%), from €546,870 to €584,964
- Other debts +€90,236
up €90,236 (+3,163%), from €2,853 to €93,089
- Reserves +€40,053
up €40,053 (+4.1%), from €986,582 to €1.0m
of which Distributable reserves: +€40,053
- Financial income -€18,813
down €18,813 (-17.2%), from €109,186 to €90,373
- Taxes -€3,773
down €3,773 (-11.6%), from €32,640 to €28,867
- Gross operating margin +€2,380
up €2,380 (+3.3%), from €71,142 to €73,522
- Other operating charges -€1,159
down €1,159 (-50.2%), from €2,310 to €1,151
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,028,554 | €1,154,631 | +€126,077 | +12.3% |
| Fixed assets | 21/28 | €343,285 | €342,894 | -€391 | -0.1% |
| Tangible fixed assets | 22/27 | €7,512 | €7,121 | -€391 | -5.2% |
| Plant, machinery and equipment | 23 | €7,512 | €7,121 | -€391 | -5.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €335,773 | €335,773 | = | 0.0% |
| Current assets | 29/58 | €685,269 | €811,737 | +€126,468 | +18.5% |
| Amounts receivable within one year | 40/41 | €0 | €88 | +€88 | |
| Trade receivables | 40 | €0 | €88 | +€88 | |
| Current investments | 50/53 | €546,870 | €584,964 | +€38,094 | +7.0% |
| Cash at bank and in hand | 54/58 | €31,383 | €215,150 | +€183,766 | +586% |
| Deferred charges and accrued income | 490/1 | €107,016 | €11,535 | -€95,480 | -89.2% |
| Total equity and liabilities | 10/49 | €1,028,554 | €1,154,631 | +€126,077 | +12.3% |
| Equity | 10/15 | €996,582 | €1,036,635 | +€40,053 | +4.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €986,582 | €1,026,635 | +€40,053 | +4.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €986,582 | €1,026,635 | +€40,053 | +4.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,972 | €117,996 | +€86,024 | +269% |
| Amounts payable within one year | 42/48 | €31,972 | €117,996 | +€86,024 | +269% |
| Trade debts | 44 | €350 | €0 | -€350 | -100% |
| Suppliers | 440/4 | €350 | €0 | -€350 | -100% |
| Taxes, remuneration and social security | 45 | €28,769 | €24,907 | -€3,863 | -13.4% |
| Taxes | 450/3 | €28,769 | €24,907 | -€3,863 | -13.4% |
| Other amounts payable | 47/48 | €2,853 | €93,089 | +€90,236 | +3,163% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,116 | €391 | -€725 | -65.0% |
| Other operating charges | 640/8 | €2,310 | €1,151 | -€1,159 | -50.2% |
| Gross operating margin | 9900 | €71,142 | €73,522 | +€2,380 | +3.3% |
| Operating profit (loss) | 9901 | €67,715 | €71,980 | +€4,264 | +6.3% |
| Financial income | 75/76B | €109,186 | €90,373 | -€18,813 | -17.2% |
| Recurring financial income | 75 | €109,186 | €90,373 | -€18,813 | -17.2% |
| Financial charges | 65/66B | €3,486 | €3,111 | -€375 | -10.7% |
| Recurring financial charges | 65 | €3,486 | €3,111 | -€375 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €173,415 | €159,241 | -€14,174 | -8.2% |
| Income taxes | 67/77 | €32,640 | €28,867 | -€3,773 | -11.6% |
| Profit (loss) for the period | 9904 | €140,775 | €130,374 | -€10,401 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €140,775 | €130,374 | -€10,401 | -7.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.