Van Leendert Management: 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.
Van Leendert Management
Largest movements
- Receivables within one year +€23,414
up €23,414 (+53.8%), from €43,489 to €66,902
of which Other amounts receivable: +€23,534
- Cash +€14,214
up €14,214 (+29.0%), from €48,990 to €63,205
mainly Net result for the year (+€34,204) and Depreciation (+€10,487)
- Tangible fixed assets -€9,699
down €9,699 (-26.7%), from €36,363 to €26,663
- Deferred charges and accrued income -€1,737
down €1,737 (-54.7%), from €3,178 to €1,441
- Reserves +€34,204
up €34,204 (+42.0%), from €81,366 to €115,571
- Debts after one year -€8,740
down €8,740 (-41.4%), from €21,122 to €12,382
- Other operating charges +€639
up €639 (+178.1%), from €359 to €998
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 | €132,021 | €158,212 | +€26,191 | +19.8% |
| Fixed assets | 21/28 | €36,363 | €26,663 | -€9,699 | -26.7% |
| Tangible fixed assets | 22/27 | €36,363 | €26,663 | -€9,699 | -26.7% |
| Furniture and vehicles | 24 | €36,363 | €26,663 | -€9,699 | -26.7% |
| Current assets | 29/58 | €95,658 | €131,548 | +€35,891 | +37.5% |
| Amounts receivable within one year | 40/41 | €43,489 | €66,902 | +€23,414 | +53.8% |
| Trade receivables | 40 | €819 | €698 | -€121 | -14.8% |
| Other amounts receivable | 41 | €42,670 | €66,204 | +€23,534 | +55.2% |
| Cash at bank and in hand | 54/58 | €48,990 | €63,205 | +€14,214 | +29.0% |
| Deferred charges and accrued income | 490/1 | €3,178 | €1,441 | -€1,737 | -54.7% |
| Total equity and liabilities | 10/49 | €132,021 | €158,212 | +€26,191 | +19.8% |
| Equity | 10/15 | €86,366 | €120,571 | +€34,204 | +39.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €81,366 | €115,571 | +€34,204 | +42.0% |
| Distributable reserves | 133 | €81,366 | €115,571 | +€34,204 | +42.0% |
| Amounts payable | 17/49 | €45,654 | €37,641 | -€8,013 | -17.6% |
| Amounts payable after more than one year | 17 | €21,122 | €12,382 | -€8,740 | -41.4% |
| Financial debts | 170/4 | €21,122 | €12,382 | -€8,740 | -41.4% |
| Amounts payable within one year | 42/48 | €24,432 | €25,259 | +€827 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €8,740 | €8,740 | = | 0.0% |
| Trade debts | 44 | €939 | €1,287 | +€349 | +37.1% |
| Suppliers | 440/4 | €939 | €1,287 | +€349 | +37.1% |
| Taxes, remuneration and social security | 45 | €14,753 | €15,231 | +€478 | +3.2% |
| Taxes | 450/3 | €14,753 | €15,231 | +€478 | +3.2% |
| Accrued charges and deferred income | 492/3 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,377 | €10,487 | +€110 | +1.1% |
| Other operating charges | 640/8 | €359 | €998 | +€639 | +178.1% |
| Gross operating margin | 9900 | €55,854 | €56,414 | +€560 | +1.0% |
| Operating profit (loss) | 9901 | €45,118 | €44,928 | -€190 | -0.4% |
| Financial income | 75/76B | €6 | €0 | -€5 | -91.6% |
| Recurring financial income | 75 | €6 | €0 | -€5 | -91.6% |
| Financial charges | 65/66B | €1,570 | €1,264 | -€307 | -19.5% |
| Recurring financial charges | 65 | €1,570 | €1,264 | -€307 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €43,553 | €43,665 | +€112 | +0.3% |
| Income taxes | 67/77 | €9,524 | €9,461 | -€63 | -0.7% |
| Profit (loss) for the period | 9904 | €34,030 | €34,204 | +€175 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,030 | €34,204 | +€175 | +0.5% |
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 10 October 2026 via checked.be.