Dr. Levi Jannis: 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.
Dr. Levi Jannis
Largest movements
- Cash +€144,938
up €144,938 (+395.5%), from €36,646 to €181,584
mainly Net result for the year (+€206,949) and Depreciation (+€5,194)
- Receivables within one year +€5,421
up €5,421 (+2.2%), from €242,879 to €248,300
- Reserves +€156,949
up €156,949 (+58.1%), from €270,001 to €426,950
- Tax, wage and social debts -€8,771
no longer reported in 2025 (was €8,771)
- Gross operating margin +€85,985
up €85,985 (+43.7%), from €196,558 to €282,542
- Taxes +€26,996
up €26,996 (+70.6%), from €38,261 to €65,257
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 | €289,678 | €437,686 | +€148,008 | +51.1% |
| Fixed assets | 21/28 | €4,696 | €6,162 | +€1,466 | +31.2% |
| Tangible fixed assets | 22/27 | €4,696 | €6,162 | +€1,466 | +31.2% |
| Plant, machinery and equipment | 23 | €3,993 | €1,860 | -€2,133 | -53.4% |
| Furniture and vehicles | 24 | €703 | €4,302 | +€3,599 | +511.9% |
| Current assets | 29/58 | €284,982 | €431,523 | +€146,541 | +51.4% |
| Amounts receivable within one year | 40/41 | €242,879 | €248,300 | +€5,421 | +2.2% |
| Other amounts receivable | 41 | €242,879 | €248,300 | +€5,421 | +2.2% |
| Cash at bank and in hand | 54/58 | €36,646 | €181,584 | +€144,938 | +395.5% |
| Deferred charges and accrued income | 490/1 | €5,457 | €1,640 | -€3,818 | -70.0% |
| Total equity and liabilities | 10/49 | €289,678 | €437,686 | +€148,008 | +51.1% |
| Equity | 10/15 | €274,001 | €430,950 | +€156,949 | +57.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €270,001 | €426,950 | +€156,949 | +58.1% |
| Distributable reserves | 133 | €270,001 | €426,950 | +€156,949 | +58.1% |
| Amounts payable | 17/49 | €15,677 | €6,735 | -€8,942 | -57.0% |
| Amounts payable within one year | 42/48 | €15,677 | €6,735 | -€8,942 | -57.0% |
| Trade debts | 44 | €5,069 | €3,610 | -€1,460 | -28.8% |
| Suppliers | 440/4 | €5,069 | €3,610 | -€1,460 | -28.8% |
| Taxes, remuneration and social security | 45 | €8,771 | - | -€8,771 | |
| Taxes | 450/3 | €8,771 | - | -€8,771 | |
| Other amounts payable | 47/48 | €1,837 | €3,126 | +€1,289 | +70.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,388 | €5,194 | -€194 | -3.6% |
| Other operating charges | 640/8 | €545 | €817 | +€272 | +49.8% |
| Gross operating margin | 9900 | €196,558 | €282,542 | +€85,985 | +43.7% |
| Operating profit (loss) | 9901 | €190,625 | €276,532 | +€85,907 | +45.1% |
| Financial charges | 65/66B | €5,016 | €4,326 | -€690 | -13.8% |
| Recurring financial charges | 65 | €5,016 | €4,326 | -€690 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €185,609 | €272,206 | +€86,597 | +46.7% |
| Income taxes | 67/77 | €38,261 | €65,257 | +€26,996 | +70.6% |
| Profit (loss) for the period | 9904 | €147,347 | €206,949 | +€59,602 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €147,347 | €206,949 | +€59,602 | +40.4% |
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 11 October 2026 via checked.be.