LE SOLEIL LEVAIN: 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.
LE SOLEIL LEVAIN
Largest movements
- Tangible fixed assets -€13,804
down €13,804 (-25.6%), from €53,870 to €40,065
of which Furniture and vehicles: -€13,181
- Receivables within one year +€4,698
up €4,698 (+90.2%), from €5,207 to €9,905
of which Trade receivables: +€4,683
- Cash -€1,106
down €1,106 (-48.2%), from €2,294 to €1,188
mainly Net result for the year (-€16,533) and Debts after one year (-€5,968)
- Profit (loss) carried forward -€16,533
down €16,533, from €16,068 to -€464
- Other debts +€6,176
up €6,176 (+269%), from €2,300 to €8,476
- Debts after one year -€5,968
down €5,968 (-31.0%), from €19,250 to €13,282
- Trade debts +€5,146
up €5,146 (+193%), from €2,673 to €7,818
- Staff costs -€25,274
down €25,274 (-43.3%), from €58,361 to €33,087
- Gross operating margin -€23,488
down €23,488 (-40.7%), from €57,689 to €34,201
- Financial income -€9,958
no longer reported in 2025 (was €9,958)
of which Financial income: -€9,958
- Other operating charges -€4,901
down €4,901 (-73.7%), from €6,651 to €1,750
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 | €63,679 | €52,916 | -€10,763 | -16.9% |
| Formation expenses | 20 | €918 | €679 | -€239 | -26.0% |
| Fixed assets | 21/28 | €54,190 | €40,385 | -€13,804 | -25.5% |
| Tangible fixed assets | 22/27 | €53,870 | €40,065 | -€13,804 | -25.6% |
| Plant, machinery and equipment | 23 | €1,958 | €1,335 | -€624 | -31.8% |
| Furniture and vehicles | 24 | €51,911 | €38,731 | -€13,181 | -25.4% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €8,571 | €11,851 | +€3,280 | +38.3% |
| Stocks and contracts in progress | 3 | €1,070 | €759 | -€311 | -29.1% |
| Stocks | 30/36 | €1,070 | €759 | -€311 | -29.1% |
| Amounts receivable within one year | 40/41 | €5,207 | €9,905 | +€4,698 | +90.2% |
| Trade receivables | 40 | €5,064 | €9,747 | +€4,683 | +92.5% |
| Other amounts receivable | 41 | €144 | €158 | +€15 | +10.1% |
| Cash at bank and in hand | 54/58 | €2,294 | €1,188 | -€1,106 | -48.2% |
| Total equity and liabilities | 10/49 | €63,679 | €52,916 | -€10,763 | -16.9% |
| Equity | 10/15 | €27,843 | €11,311 | -€16,533 | -59.4% |
| Contributions | 10/11 | €9,916 | €9,916 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,068 | -€464 | -€16,533 | |
| Amounts payable | 17/49 | €35,835 | €41,605 | +€5,770 | +16.1% |
| Amounts payable after more than one year | 17 | €19,250 | €13,282 | -€5,968 | -31.0% |
| Financial debts | 170/4 | €19,250 | €13,282 | -€5,968 | -31.0% |
| Amounts payable within one year | 42/48 | €16,585 | €28,323 | +€11,738 | +70.8% |
| Current portion of amounts payable after more than one year | 42 | €5,718 | €5,968 | +€250 | +4.4% |
| Trade debts | 44 | €2,673 | €7,818 | +€5,146 | +193% |
| Suppliers | 440/4 | €2,673 | €7,818 | +€5,146 | +193% |
| Taxes, remuneration and social security | 45 | €5,894 | €6,060 | +€166 | +2.8% |
| Taxes | 450/3 | €900 | €4,316 | +€3,416 | +380% |
| Remuneration and social security | 454/9 | €4,994 | €1,744 | -€3,250 | -65.1% |
| Other amounts payable | 47/48 | €2,300 | €8,476 | +€6,176 | +269% |
| Remuneration, social security and pensions | 62 | €58,361 | €33,087 | -€25,274 | -43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,897 | €14,043 | +€145 | +1.0% |
| Other operating charges | 640/8 | €6,651 | €1,750 | -€4,901 | -73.7% |
| Non-recurring operating charges | 66A | - | €184 | +€184 | |
| Gross operating margin | 9900 | €57,689 | €34,201 | -€23,488 | -40.7% |
| Operating profit (loss) | 9901 | -€21,220 | -€14,863 | +€6,357 | +30.0% |
| Financial income | 75/76B | €9,958 | - | -€9,958 | |
| Recurring financial income | 75 | €9,958 | - | -€9,958 | |
| Non-recurring financial income | 76B | €9,958 | - | -€9,958 | |
| Financial charges | 65/66B | €1,226 | €1,572 | +€346 | +28.2% |
| Recurring financial charges | 65 | €1,226 | €1,572 | +€346 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,488 | -€16,434 | -€3,946 | -31.6% |
| Income taxes | 67/77 | €256 | €98 | -€158 | -61.7% |
| Profit (loss) for the period | 9904 | -€12,745 | -€16,533 | -€3,788 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,745 | -€16,533 | -€3,788 | -29.7% |
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 27 October 2026 via checked.be.