Dr Yves de LEVAL: what changed
Dr Yves de LEVAL
Largest movements
- Current investments +€177,946
new in 2025: €177,946
- Cash -€41,199
down €41,199 (-25.6%), from €161,218 to €120,019
mainly Current investments (-€177,946) and Contributions, distributions and other (-€51,753)
- Tangible fixed assets -€24,562
down €24,562 (-26.6%), from €92,382 to €67,820
of which Furniture and vehicles: -€23,719
- Deferred charges and accrued income +€7,341
up €7,341 (+101%), from €7,273 to €14,614
- Receivables within one year -€5,849
down €5,849 (-15.7%), from €37,337 to €31,488
of which Other amounts receivable: -€5,849
- Other debts +€100,219
up €100,219 (+87.8%), from €114,130 to €214,349
- Tax, wage and social debts +€15,232
up €15,232 (+420%), from €3,625 to €18,857
- Reserves +€12,470
up €12,470 (+12.2%), from €102,182 to €114,652
- Debts after one year -€8,919
down €8,919 (-49.0%), from €18,203 to €9,284
- Trade debts -€5,676
down €5,676 (-70.8%), from €8,014 to €2,338
- Gross operating margin +€97,226
up €97,226 (+65.5%), from €148,546 to €245,772
- Taxes +€27,530
up €27,530 (+661%), from €4,163 to €31,693
- Financial charges +€27,342
up €27,342 (+27.9%), from €97,967 to €125,309
- Depreciation -€4,219
down €4,219 (-13.4%), from €31,588 to €27,369
- Financial income +€3,064
up €3,064 (+2,099%), from €146 to €3,210
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 | €298,210 | €411,888 | +€113,678 | +38.1% |
| Fixed assets | 21/28 | €92,382 | €67,820 | -€24,562 | -26.6% |
| Tangible fixed assets | 22/27 | €92,382 | €67,820 | -€24,562 | -26.6% |
| Land and buildings | 22 | €3,253 | €2,411 | -€842 | -25.9% |
| Furniture and vehicles | 24 | €79,801 | €56,082 | -€23,719 | -29.7% |
| Other tangible fixed assets | 26 | €9,328 | €9,328 | = | 0.0% |
| Current assets | 29/58 | €205,828 | €344,068 | +€138,240 | +67.2% |
| Amounts receivable within one year | 40/41 | €37,337 | €31,488 | -€5,849 | -15.7% |
| Trade receivables | 40 | €31,488 | €31,488 | +€0 | 0.0% |
| Other amounts receivable | 41 | €5,849 | - | -€5,849 | |
| Current investments | 50/53 | - | €177,946 | +€177,946 | |
| Cash at bank and in hand | 54/58 | €161,218 | €120,019 | -€41,199 | -25.6% |
| Deferred charges and accrued income | 490/1 | €7,273 | €14,614 | +€7,341 | +101% |
| Total equity and liabilities | 10/49 | €298,210 | €411,888 | +€113,678 | +38.1% |
| Equity | 10/15 | €145,671 | €158,142 | +€12,471 | +8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €102,182 | €114,652 | +€12,470 | +12.2% |
| Distributable reserves | 133 | €102,182 | €114,652 | +€12,470 | +12.2% |
| Profit (loss) carried forward | 14 | €24,889 | €24,889 | +€0 | 0.0% |
| Amounts payable | 17/49 | €152,539 | €253,747 | +€101,208 | +66.3% |
| Amounts payable after more than one year | 17 | €18,203 | €9,284 | -€8,919 | -49.0% |
| Financial debts | 170/4 | €18,203 | €9,284 | -€8,919 | -49.0% |
| Amounts payable within one year | 42/48 | €134,336 | €244,462 | +€110,126 | +82.0% |
| Current portion of amounts payable after more than one year | 42 | €8,567 | €8,919 | +€352 | +4.1% |
| Trade debts | 44 | €8,014 | €2,338 | -€5,676 | -70.8% |
| Suppliers | 440/4 | €8,014 | €2,338 | -€5,676 | -70.8% |
| Taxes, remuneration and social security | 45 | €3,625 | €18,857 | +€15,232 | +420% |
| Taxes | 450/3 | €3,625 | €18,857 | +€15,232 | +420% |
| Other amounts payable | 47/48 | €114,130 | €214,349 | +€100,219 | +87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,588 | €27,369 | -€4,219 | -13.4% |
| Other operating charges | 640/8 | €859 | €387 | -€472 | -54.9% |
| Gross operating margin | 9900 | €148,546 | €245,772 | +€97,226 | +65.5% |
| Operating profit (loss) | 9901 | €116,099 | €218,016 | +€101,917 | +87.8% |
| Financial income | 75/76B | €146 | €3,210 | +€3,064 | +2,099% |
| Recurring financial income | 75 | €146 | €3,210 | +€3,064 | +2,099% |
| Financial charges | 65/66B | €97,967 | €125,309 | +€27,342 | +27.9% |
| Recurring financial charges | 65 | €97,967 | €125,309 | +€27,342 | +27.9% |
| Profit (loss) for the period before taxes | 9903 | €18,278 | €95,916 | +€77,638 | +425% |
| Income taxes | 67/77 | €4,163 | €31,693 | +€27,530 | +661% |
| Profit (loss) for the period | 9904 | €14,115 | €64,224 | +€50,109 | +355% |
| Profit (loss) for the period to be appropriated | 9905 | €14,115 | €64,224 | +€50,109 | +355% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.