De Levensboom: 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.
De Levensboom
Largest movements
- Cash -€42,834
down €42,834 (-33.9%), from €126,250 to €83,416
mainly Current portion of long-term debt (-€57,848) and Investment in fixed assets (net) (-€30,741)
- Tangible fixed assets +€21,078
up €21,078 (+55.9%), from €37,712 to €58,790
- Intangible fixed assets -€19,958
down €19,958 (-13.7%), from €146,035 to €126,077
- Stocks and contracts +€6,789
new in 2025: €6,789
- Current portion of long-term debt -€57,848
down €57,848 (-100%), from €57,848 to €0
- Other debts +€33,852
up €33,852 (+10.5%), from €321,255 to €355,107
- Profit (loss) carried forward -€10,979
down €10,979 (-15.2%), from -€72,071 to -€83,050
- Staff costs -€30,811
down €30,811 (-98.3%), from €31,332 to €521
- Gross operating margin +€26,671
up €26,671, from -€3,970 to €22,701
- Depreciation -€3,063
down €3,063 (-9.4%), from €32,684 to €29,621
- Financial charges -€1,460
down €1,460 (-68.8%), from €2,122 to €662
- Other operating charges +€1,058
up €1,058 (+53.9%), from €1,962 to €3,021
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 | €326,824 | €287,638 | -€39,186 | -12.0% |
| Fixed assets | 21/28 | €183,748 | €184,867 | +€1,120 | +0.6% |
| Intangible fixed assets | 21 | €146,035 | €126,077 | -€19,958 | -13.7% |
| Tangible fixed assets | 22/27 | €37,712 | €58,790 | +€21,078 | +55.9% |
| Plant, machinery and equipment | 23 | €37,712 | €58,790 | +€21,078 | +55.9% |
| Current assets | 29/58 | €143,077 | €102,771 | -€40,306 | -28.2% |
| Stocks and contracts in progress | 3 | - | €6,789 | +€6,789 | |
| Stocks | 30/36 | - | €6,789 | +€6,789 | |
| Amounts receivable within one year | 40/41 | €10,829 | €9,301 | -€1,528 | -14.1% |
| Trade receivables | 40 | €5,565 | €8,411 | +€2,846 | +51.1% |
| Other amounts receivable | 41 | €5,264 | €890 | -€4,374 | -83.1% |
| Cash at bank and in hand | 54/58 | €126,250 | €83,416 | -€42,834 | -33.9% |
| Deferred charges and accrued income | 490/1 | €5,998 | €3,264 | -€2,734 | -45.6% |
| Total equity and liabilities | 10/49 | €326,824 | €287,638 | -€39,186 | -12.0% |
| Equity | 10/15 | -€62,071 | -€73,050 | -€10,979 | -17.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,071 | -€83,050 | -€10,979 | -15.2% |
| Amounts payable | 17/49 | €388,895 | €360,688 | -€28,207 | -7.3% |
| Amounts payable within one year | 42/48 | €386,053 | €359,304 | -€26,749 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €57,848 | €0 | -€57,848 | -100% |
| Trade debts | 44 | €4,870 | €4,128 | -€742 | -15.2% |
| Suppliers | 440/4 | €4,870 | €4,128 | -€742 | -15.2% |
| Taxes, remuneration and social security | 45 | €2,080 | €69 | -€2,011 | -96.7% |
| Taxes | 450/3 | €493 | €20 | -€474 | -96.0% |
| Remuneration and social security | 454/9 | €1,587 | €50 | -€1,537 | -96.9% |
| Other amounts payable | 47/48 | €321,255 | €355,107 | +€33,852 | +10.5% |
| Accrued charges and deferred income | 492/3 | €2,842 | €1,384 | -€1,458 | -51.3% |
| Remuneration, social security and pensions | 62 | €31,332 | €521 | -€30,811 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,684 | €29,621 | -€3,063 | -9.4% |
| Other operating charges | 640/8 | €1,962 | €3,021 | +€1,058 | +53.9% |
| Gross operating margin | 9900 | -€3,970 | €22,701 | +€26,671 | |
| Operating profit (loss) | 9901 | -€69,949 | -€10,462 | +€59,486 | +85.0% |
| Financial income | 75/76B | - | €146 | +€146 | |
| Recurring financial income | 75 | - | €146 | +€146 | |
| Financial charges | 65/66B | €2,122 | €662 | -€1,460 | -68.8% |
| Recurring financial charges | 65 | €2,122 | €662 | -€1,460 | -68.8% |
| Profit (loss) for the period before taxes | 9903 | -€72,071 | -€10,979 | +€61,092 | +84.8% |
| Profit (loss) for the period | 9904 | -€72,071 | -€10,979 | +€61,092 | +84.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,071 | -€10,979 | +€61,092 | +84.8% |
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 28 October 2026 via checked.be.