iLEVEL: what changed
Two fiscal 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.
iLEVEL
Largest movements
- Receivables within one year +€49,037
up €49,037 (+35.4%), from €138,699 to €187,736
of which Other amounts receivable: +€36,041
- Tangible fixed assets -€22,098
down €22,098 (-6.5%), from €339,555 to €317,457
of which Land and buildings: -€14,672
- Reserves +€34,851
up €34,851 (+7.6%), from €458,979 to €493,830
of which Distributable reserves: +€34,851
- Debts after one year -€27,249
down €27,249 (-12.8%), from €212,652 to €185,403
- Tax, wage and social debts -€23,309
down €23,309 (-57.0%), from €40,925 to €17,616
- Other debts +€19,799
new in 2024: €19,799
- Short-term financial debts +€11,458
new in 2024: €11,458
- Gross operating margin -€38,285
down €38,285 (-40.1%), from €95,541 to €57,257
- Financial income +€4,353
up €4,353 (+37.5%), from €11,604 to €15,957
- Depreciation +€4,297
up €4,297 (+24.1%), from €17,801 to €22,098
- Taxes -€3,374
down €3,374 (-47.7%), from €7,078 to €3,705
- Other operating charges -€3,270
down €3,270 (-49.4%), from €6,627 to €3,356
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €794,149 | €818,255 | +€24,106 | +3.0% |
| Fixed assets | 21/28 | €344,555 | €322,457 | -€22,098 | -6.4% |
| Tangible fixed assets | 22/27 | €339,555 | €317,457 | -€22,098 | -6.5% |
| Land and buildings | 22 | €312,224 | €297,552 | -€14,672 | -4.7% |
| Plant, machinery and equipment | 23 | €3,612 | €2,263 | -€1,350 | -37.4% |
| Furniture and vehicles | 24 | €23,718 | €17,642 | -€6,076 | -25.6% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €449,594 | €495,798 | +€46,203 | +10.3% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €138,699 | €187,736 | +€49,037 | +35.4% |
| Trade receivables | 40 | €11,089 | €24,085 | +€12,996 | +117.2% |
| Other amounts receivable | 41 | €127,610 | €163,651 | +€36,041 | +28.2% |
| Cash at bank and in hand | 54/58 | €7,153 | €352 | -€6,801 | -95.1% |
| Deferred charges and accrued income | 490/1 | €3,742 | €7,710 | +€3,968 | +106.0% |
| Total equity and liabilities | 10/49 | €794,149 | €818,255 | +€24,106 | +3.0% |
| Equity | 10/15 | €509,087 | €543,938 | +€34,851 | +6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €458,979 | €493,830 | +€34,851 | +7.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €457,119 | €491,970 | +€34,851 | +7.6% |
| Profit (loss) carried forward | 14 | €43,908 | €43,908 | = | 0.0% |
| Amounts payable | 17/49 | €285,063 | €274,317 | -€10,746 | -3.8% |
| Amounts payable after more than one year | 17 | €212,652 | €185,403 | -€27,249 | -12.8% |
| Financial debts | 170/4 | €212,652 | €185,403 | -€27,249 | -12.8% |
| Amounts payable within one year | 42/48 | €72,326 | €88,518 | +€16,192 | +22.4% |
| Current portion of amounts payable after more than one year | 42 | €26,567 | €29,488 | +€2,921 | +11.0% |
| Financial debts | 43 | - | €11,458 | +€11,458 | |
| Credit institutions | 430/8 | - | €11,458 | +€11,458 | |
| Trade debts | 44 | €4,833 | €10,156 | +€5,323 | +110.1% |
| Suppliers | 440/4 | €4,833 | €10,156 | +€5,323 | +110.1% |
| Taxes, remuneration and social security | 45 | €40,925 | €17,616 | -€23,309 | -57.0% |
| Taxes | 450/3 | €40,925 | €17,616 | -€23,309 | -57.0% |
| Other amounts payable | 47/48 | - | €19,799 | +€19,799 | |
| Accrued charges and deferred income | 492/3 | €85 | €396 | +€311 | +365.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,801 | €22,098 | +€4,297 | +24.1% |
| Other operating charges | 640/8 | €6,627 | €3,356 | -€3,270 | -49.4% |
| Gross operating margin | 9900 | €95,541 | €57,257 | -€38,285 | -40.1% |
| Operating profit (loss) | 9901 | €71,114 | €31,803 | -€39,311 | -55.3% |
| Financial income | 75/76B | €11,604 | €15,957 | +€4,353 | +37.5% |
| Recurring financial income | 75 | €11,604 | €15,957 | +€4,353 | +37.5% |
| Financial charges | 65/66B | €7,110 | €9,203 | +€2,093 | +29.4% |
| Recurring financial charges | 65 | €7,110 | €9,203 | +€2,093 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €75,608 | €38,556 | -€37,051 | -49.0% |
| Income taxes | 67/77 | €7,078 | €3,705 | -€3,374 | -47.7% |
| Profit (loss) for the period | 9904 | €68,529 | €34,851 | -€33,678 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,529 | €34,851 | -€33,678 | -49.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.