tLeegveld: what changed
Two fiscal 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.
tLeegveld
Largest movements
- Receivables within one year +€35,438
up €35,438 (+623.7%), from €5,682 to €41,121
of which Trade receivables: +€35,464
- Tangible fixed assets +€10,093
up €10,093 (+26.3%), from €38,343 to €48,436
of which Other tangible fixed assets: +€10,670
- Cash +€9,033
up €9,033 (+37.9%), from €23,831 to €32,864
mainly Net result for the year (+€55,719) and Tax, wage and social debts (+€15,014)
- Deferred charges and accrued income +€3,257
up €3,257 (+36.0%), from €9,037 to €12,294
- Stocks and contracts -€1,533
down €1,533 (-72.2%), from €2,122 to €590
- Reserves +€54,053
up €54,053 (+131.1%), from €41,227 to €95,281
- Tax, wage and social debts +€15,014
up €15,014 (+240.2%), from €6,251 to €21,265
of which Taxes: +€14,183
- Other debts -€12,052
down €12,052 (-51.0%), from €23,636 to €11,584
- Trade debts -€2,464
down €2,464 (-29.2%), from €8,425 to €5,961
- Gross operating margin +€30,414
up €30,414 (+59.8%), from €50,835 to €81,249
- Financial income +€7,104
up €7,104 (+141228.8%), from €5 to €7,109
of which Non-recurring financial income: +€7,109
- Taxes +€6,802
up €6,802 (+43.5%), from €15,639 to €22,441
- Financial charges +€2,041
up €2,041 (+447.7%), from €456 to €2,496
- Depreciation -€911
down €911 (-12.5%), from €7,286 to €6,375
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.
Cash bridge derived
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 | €79,740 | €135,304 | +€55,565 | +69.7% |
| Fixed assets | 21/28 | €39,067 | €48,436 | +€9,370 | +24.0% |
| Intangible fixed assets | 21 | €723 | - | -€723 | |
| Tangible fixed assets | 22/27 | €38,343 | €48,436 | +€10,093 | +26.3% |
| Plant, machinery and equipment | 23 | €1,193 | €1,775 | +€582 | +48.8% |
| Furniture and vehicles | 24 | €5,690 | €4,532 | -€1,158 | -20.4% |
| Other tangible fixed assets | 26 | €31,460 | €42,129 | +€10,670 | +33.9% |
| Current assets | 29/58 | €40,673 | €86,868 | +€46,195 | +113.6% |
| Stocks and contracts in progress | 3 | €2,122 | €590 | -€1,533 | -72.2% |
| Stocks | 30/36 | €2,122 | €590 | -€1,533 | -72.2% |
| Amounts receivable within one year | 40/41 | €5,682 | €41,121 | +€35,438 | +623.7% |
| Trade receivables | 40 | €4,908 | €40,371 | +€35,464 | +722.6% |
| Other amounts receivable | 41 | €774 | €749 | -€25 | -3.3% |
| Cash at bank and in hand | 54/58 | €23,831 | €32,864 | +€9,033 | +37.9% |
| Deferred charges and accrued income | 490/1 | €9,037 | €12,294 | +€3,257 | +36.0% |
| Total equity and liabilities | 10/49 | €79,740 | €135,304 | +€55,565 | +69.7% |
| Equity | 10/15 | €41,427 | €95,481 | +€54,053 | +130.5% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €41,227 | €95,281 | +€54,053 | +131.1% |
| Distributable reserves | 133 | €41,227 | €95,281 | +€54,053 | +131.1% |
| Amounts payable | 17/49 | €38,312 | €39,824 | +€1,512 | +3.9% |
| Amounts payable within one year | 42/48 | €38,312 | €38,809 | +€497 | +1.3% |
| Trade debts | 44 | €8,425 | €5,961 | -€2,464 | -29.2% |
| Suppliers | 440/4 | €8,425 | €5,961 | -€2,464 | -29.2% |
| Taxes, remuneration and social security | 45 | €6,251 | €21,265 | +€15,014 | +240.2% |
| Taxes | 450/3 | €4,006 | €18,189 | +€14,183 | +354.0% |
| Remuneration and social security | 454/9 | €2,245 | €3,076 | +€831 | +37.0% |
| Other amounts payable | 47/48 | €23,636 | €11,584 | -€12,052 | -51.0% |
| Accrued charges and deferred income | 492/3 | - | €1,015 | +€1,015 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,286 | €6,375 | -€911 | -12.5% |
| Other operating charges | 640/8 | €723 | €603 | -€120 | -16.6% |
| Non-recurring operating charges | 66A | - | €723 | +€723 | |
| Gross operating margin | 9900 | €50,835 | €81,249 | +€30,414 | +59.8% |
| Operating profit (loss) | 9901 | €42,826 | €73,547 | +€30,721 | +71.7% |
| Financial income | 75/76B | €5 | €7,109 | +€7,104 | +141228.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -98.8% |
| Non-recurring financial income | 76B | - | €7,109 | +€7,109 | |
| Financial charges | 65/66B | €456 | €2,496 | +€2,041 | +447.7% |
| Recurring financial charges | 65 | €456 | €2,496 | +€2,041 | +447.7% |
| Profit (loss) for the period before taxes | 9903 | €42,375 | €78,160 | +€35,785 | +84.4% |
| Income taxes | 67/77 | €15,639 | €22,441 | +€6,802 | +43.5% |
| Profit (loss) for the period | 9904 | €26,737 | €55,719 | +€28,983 | +108.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,737 | €55,719 | +€28,983 | +108.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.