CABINET LEVESQUE: 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.
CABINET LEVESQUE
Largest movements
- Cash +€73,697
up €73,697 (+329%), from €22,401 to €96,099
mainly Net result for the year (+€84,008) and Receivables within one year (+€49,171)
- Receivables within one year -€49,171
down €49,171 (-14.1%), from €348,270 to €299,098
of which Trade receivables: -€26,696
- Reserves +€84,008
up €84,008 (+37.9%), from €221,936 to €305,944
of which Distributable reserves: +€84,008
- Trade debts -€61,256
down €61,256 (-77.2%), from €79,368 to €18,112
- Gross operating margin +€129,121
up €129,121 (+118%), from €109,452 to €238,573
- Taxes +€21,339
up €21,339 (+6,560%), from €325 to €21,665
- Staff costs -€12,590
down €12,590 (-9.0%), from €140,175 to €127,586
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 | €389,471 | €410,847 | +€21,376 | +5.5% |
| Fixed assets | 21/28 | €14,611 | €12,913 | -€1,699 | -11.6% |
| Tangible fixed assets | 22/27 | €12,791 | €9,303 | -€3,489 | -27.3% |
| Furniture and vehicles | 24 | €12,791 | €9,303 | -€3,489 | -27.3% |
| Financial fixed assets | 28 | €1,820 | €3,610 | +€1,790 | +98.4% |
| Current assets | 29/58 | €374,860 | €397,935 | +€23,075 | +6.2% |
| Amounts receivable within one year | 40/41 | €348,270 | €299,098 | -€49,171 | -14.1% |
| Trade receivables | 40 | €318,121 | €291,425 | -€26,696 | -8.4% |
| Other amounts receivable | 41 | €30,149 | €7,674 | -€22,476 | -74.5% |
| Cash at bank and in hand | 54/58 | €22,401 | €96,099 | +€73,697 | +329% |
| Deferred charges and accrued income | 490/1 | €4,188 | €2,737 | -€1,451 | -34.6% |
| Total equity and liabilities | 10/49 | €389,471 | €410,847 | +€21,376 | +5.5% |
| Equity | 10/15 | €240,528 | €324,536 | +€84,008 | +34.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €221,936 | €305,944 | +€84,008 | +37.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €221,936 | €305,944 | +€84,008 | +37.9% |
| Amounts payable | 17/49 | €148,943 | €86,311 | -€62,632 | -42.1% |
| Amounts payable within one year | 42/48 | €148,943 | €86,311 | -€62,632 | -42.1% |
| Trade debts | 44 | €79,368 | €18,112 | -€61,256 | -77.2% |
| Suppliers | 440/4 | €79,368 | €18,112 | -€61,256 | -77.2% |
| Taxes, remuneration and social security | 45 | €34,256 | €32,880 | -€1,376 | -4.0% |
| Taxes | 450/3 | €7,803 | €11,665 | +€3,861 | +49.5% |
| Remuneration and social security | 454/9 | €26,452 | €21,215 | -€5,238 | -19.8% |
| Other amounts payable | 47/48 | €35,320 | €35,320 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €140,175 | €127,586 | -€12,590 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,489 | €3,489 | = | 0.0% |
| Other operating charges | 640/8 | €852 | €1,677 | +€825 | +96.8% |
| Gross operating margin | 9900 | €109,452 | €238,573 | +€129,121 | +118% |
| Operating profit (loss) | 9901 | -€35,064 | €105,821 | +€140,885 | |
| Financial income | 75/76B | €1,409 | €5 | -€1,404 | -99.6% |
| Recurring financial income | 75 | €1,409 | €5 | -€1,404 | -99.6% |
| Financial charges | 65/66B | €139 | €153 | +€14 | +10.3% |
| Recurring financial charges | 65 | €139 | €153 | +€14 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | -€33,794 | €105,673 | +€139,467 | |
| Income taxes | 67/77 | €325 | €21,665 | +€21,339 | +6,560% |
| Profit (loss) for the period | 9904 | -€34,119 | €84,008 | +€118,128 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,119 | €84,008 | +€118,128 |
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 15 October 2026 via checked.be.