VILO LEACRE: 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.
VILO LEACRE
Largest movements
- Tangible fixed assets +€297,550
new in 2025: €297,550
- Receivables within one year +€58,637
up €58,637 (+105%), from €55,743 to €114,379
of which Other amounts receivable: +€67,141
- Cash -€39,747
down €39,747 (-54.5%), from €72,867 to €33,120
mainly Investment in fixed assets (net) (-€303,287) and Receivables within one year (-€58,637)
- Current portion of long-term debt +€349,375
new in 2025: €349,375
- Other debts -€44,977
down €44,977 (-71.8%), from €62,639 to €17,662
- Trade debts +€24,711
up €24,711 (+8,169%), from €303 to €25,014
- Tax, wage and social debts -€7,063
down €7,063 (-100%), from €7,063 to €0
of which Taxes: -€5,263
- Reserves -€4,661
down €4,661 (-8.7%), from €53,468 to €48,807
- Gross operating margin -€54,150
down €54,150 (-87.8%), from €61,640 to €7,490
- Taxes -€12,126
down €12,126 (-98.2%), from €12,347 to €221
- Depreciation +€5,737
new in 2025: €5,737
- Financial charges +€2,453
up €2,453 (+73.6%), from €3,332 to €5,784
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 | €128,609 | €445,647 | +€317,037 | +247% |
| Fixed assets | 21/28 | - | €297,550 | +€297,550 | |
| Tangible fixed assets | 22/27 | - | €297,550 | +€297,550 | |
| Land and buildings | 22 | - | €297,550 | +€297,550 | |
| Current assets | 29/58 | €128,609 | €148,096 | +€19,487 | +15.2% |
| Amounts receivable within one year | 40/41 | €55,743 | €114,379 | +€58,637 | +105% |
| Trade receivables | 40 | €55,089 | €46,585 | -€8,504 | -15.4% |
| Other amounts receivable | 41 | €653 | €67,794 | +€67,141 | +10,280% |
| Cash at bank and in hand | 54/58 | €72,867 | €33,120 | -€39,747 | -54.5% |
| Deferred charges and accrued income | 490/1 | €0 | €597 | +€597 | |
| Total equity and liabilities | 10/49 | €128,609 | €445,647 | +€317,037 | +247% |
| Equity | 10/15 | €55,468 | €50,807 | -€4,661 | -8.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €53,468 | €48,807 | -€4,661 | -8.7% |
| Distributable reserves | 133 | €53,468 | €48,807 | -€4,661 | -8.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,141 | €394,840 | +€321,699 | +440% |
| Amounts payable within one year | 42/48 | €70,005 | €392,051 | +€322,046 | +460% |
| Current portion of amounts payable after more than one year | 42 | - | €349,375 | +€349,375 | |
| Trade debts | 44 | €303 | €25,014 | +€24,711 | +8,169% |
| Suppliers | 440/4 | €303 | €25,014 | +€24,711 | +8,169% |
| Taxes, remuneration and social security | 45 | €7,063 | €0 | -€7,063 | -100% |
| Taxes | 450/3 | €5,263 | €0 | -€5,263 | -100% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100% |
| Other amounts payable | 47/48 | €62,639 | €17,662 | -€44,977 | -71.8% |
| Accrued charges and deferred income | 492/3 | €3,136 | €2,789 | -€348 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,737 | +€5,737 | |
| Other operating charges | 640/8 | €595 | €469 | -€126 | -21.1% |
| Gross operating margin | 9900 | €61,640 | €7,490 | -€54,150 | -87.8% |
| Operating profit (loss) | 9901 | €61,045 | €1,284 | -€59,761 | -97.9% |
| Financial income | 75/76B | - | €61 | +€61 | |
| Recurring financial income | 75 | - | €61 | +€61 | |
| Financial charges | 65/66B | €3,332 | €5,784 | +€2,453 | +73.6% |
| Recurring financial charges | 65 | €3,332 | €5,784 | +€2,453 | +73.6% |
| Profit (loss) for the period before taxes | 9903 | €57,714 | -€4,440 | -€62,153 | |
| Income taxes | 67/77 | €12,347 | €221 | -€12,126 | -98.2% |
| Profit (loss) for the period | 9904 | €45,367 | -€4,661 | -€50,028 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,367 | -€4,661 | -€50,028 |
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 18 October 2026 via checked.be.