LEOS: what changed
LEOS
Largest movements
- Cash -€9,845
down €9,845 (-53.0%), from €18,571 to €8,726
mainly Other debts (-€12,028) and Net result for the year (-€7,288)
- Tangible fixed assets -€6,130
down €6,130 (-21.5%), from €28,530 to €22,400
of which Furniture and vehicles: -€5,356
- Receivables within one year +€2,460
up €2,460 (+8.0%), from €30,771 to €33,230
of which Other amounts receivable: +€1,508
- Other debts -€12,028
down €12,028 (-18.3%), from €65,564 to €53,536
- Profit (loss) carried forward -€7,288
down €7,288 (-38.7%), from -€18,844 to -€26,132
- Trade debts +€5,800
up €5,800 (+287%), from €2,024 to €7,824
- Gross operating margin -€81,843
down €81,843 (-98.1%), from €83,431 to €1,588
- Staff costs -€30,826
no longer reported in 2025 (was €30,826)
- Financial charges -€3,729
down €3,729, from €1,753 to -€1,976
- Other operating charges +€1,126
up €1,126 (+31.3%), from €3,596 to €4,722
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 | €77,872 | €64,356 | -€13,516 | -17.4% |
| Fixed assets | 21/28 | €28,530 | €22,400 | -€6,130 | -21.5% |
| Tangible fixed assets | 22/27 | €28,530 | €22,400 | -€6,130 | -21.5% |
| Land and buildings | 22 | €11,611 | €10,837 | -€774 | -6.7% |
| Furniture and vehicles | 24 | €16,919 | €11,563 | -€5,356 | -31.7% |
| Current assets | 29/58 | €49,342 | €41,956 | -€7,386 | -15.0% |
| Amounts receivable within one year | 40/41 | €30,771 | €33,230 | +€2,460 | +8.0% |
| Trade receivables | 40 | €30,000 | €30,952 | +€952 | +3.2% |
| Other amounts receivable | 41 | €771 | €2,278 | +€1,508 | +196% |
| Cash at bank and in hand | 54/58 | €18,571 | €8,726 | -€9,845 | -53.0% |
| Total equity and liabilities | 10/49 | €77,872 | €64,356 | -€13,516 | -17.4% |
| Equity | 10/15 | €10,284 | €2,996 | -€7,288 | -70.9% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Capital | 10 | - | €7,437 | +€7,437 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Uncalled capital | 101 | - | €11,155 | +€11,155 | |
| Reserves | 13 | €21,691 | €21,691 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €19,831 | €19,831 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,844 | -€26,132 | -€7,288 | -38.7% |
| Amounts payable | 17/49 | €67,588 | €61,360 | -€6,228 | -9.2% |
| Amounts payable within one year | 42/48 | €67,588 | €61,360 | -€6,228 | -9.2% |
| Trade debts | 44 | €2,024 | €7,824 | +€5,800 | +287% |
| Suppliers | 440/4 | €2,024 | €7,824 | +€5,800 | +287% |
| Other amounts payable | 47/48 | €65,564 | €53,536 | -€12,028 | -18.3% |
| Remuneration, social security and pensions | 62 | €30,826 | - | -€30,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,680 | €6,130 | -€550 | -8.2% |
| Other operating charges | 640/8 | €3,596 | €4,722 | +€1,126 | +31.3% |
| Gross operating margin | 9900 | €83,431 | €1,588 | -€81,843 | -98.1% |
| Operating profit (loss) | 9901 | €42,328 | -€9,264 | -€51,592 | |
| Financial charges | 65/66B | €1,753 | -€1,976 | -€3,729 | |
| Recurring financial charges | 65 | €1,753 | -€1,976 | -€3,729 | |
| Profit (loss) for the period before taxes | 9903 | €40,575 | -€7,288 | -€47,863 | |
| Profit (loss) for the period | 9904 | €40,575 | -€7,288 | -€47,863 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,575 | -€7,288 | -€47,863 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.