LEV CONSTRUCT: 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.
LEV CONSTRUCT
Largest movements
- Stocks and contracts +€20,425
new in 2025: €20,425
- Tangible fixed assets +€14,466
new in 2025: €14,466
of which Furniture and vehicles: +€13,539
- Receivables within one year +€10,515
up €10,515 (+22.5%), from €46,698 to €57,213
of which Trade receivables: +€14,357
- Cash -€1,072
down €1,072 (-95.1%), from €1,127 to €56
mainly Investment in fixed assets (net) (-€20,875) and Stocks and contracts (-€20,425)
- Trade debts +€26,186
up €26,186 (+159.6%), from €16,402 to €42,588
- Profit (loss) carried forward +€16,513
up €16,513 (+67.8%), from €24,339 to €40,851
- Tax, wage and social debts +€1,636
up €1,636 (+26.9%), from €6,085 to €7,721
- Gross operating margin +€14,707
up €14,707 (+95.4%), from €15,408 to €30,115
- Depreciation +€6,409
new in 2025: €6,409
- Taxes +€1,469
up €1,469 (+54.0%), from €2,722 to €4,190
- Other operating charges +€1,290
up €1,290 (+87.1%), from €1,481 to €2,771
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 | €47,825 | €92,160 | +€44,335 | +92.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | - | €14,466 | +€14,466 | |
| Tangible fixed assets | 22/27 | - | €14,466 | +€14,466 | |
| Plant, machinery and equipment | 23 | - | €927 | +€927 | |
| Furniture and vehicles | 24 | - | €13,539 | +€13,539 | |
| Current assets | 29/58 | €47,825 | €77,694 | +€29,869 | +62.5% |
| Stocks and contracts in progress | 3 | - | €20,425 | +€20,425 | |
| Contracts in progress | 37 | - | €20,425 | +€20,425 | |
| Amounts receivable within one year | 40/41 | €46,698 | €57,213 | +€10,515 | +22.5% |
| Trade receivables | 40 | €31,375 | €45,732 | +€14,357 | +45.8% |
| Other amounts receivable | 41 | €15,323 | €11,481 | -€3,842 | -25.1% |
| Cash at bank and in hand | 54/58 | €1,127 | €56 | -€1,072 | -95.1% |
| Total equity and liabilities | 10/49 | €47,825 | €92,160 | +€44,335 | +92.7% |
| Equity | 10/15 | €25,339 | €41,851 | +€16,513 | +65.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,339 | €40,851 | +€16,513 | +67.8% |
| Amounts payable | 17/49 | €22,487 | €50,309 | +€27,822 | +123.7% |
| Amounts payable within one year | 42/48 | €22,487 | €50,309 | +€27,822 | +123.7% |
| Trade debts | 44 | €16,402 | €42,588 | +€26,186 | +159.6% |
| Suppliers | 440/4 | €16,402 | €42,588 | +€26,186 | +159.6% |
| Taxes, remuneration and social security | 45 | €6,085 | €7,721 | +€1,636 | +26.9% |
| Taxes | 450/3 | €6,085 | €7,721 | +€1,636 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,409 | +€6,409 | |
| Other operating charges | 640/8 | €1,481 | €2,771 | +€1,290 | +87.1% |
| Gross operating margin | 9900 | €15,408 | €30,115 | +€14,707 | +95.4% |
| Operating profit (loss) | 9901 | €13,928 | €20,936 | +€7,008 | +50.3% |
| Financial income | 75/76B | €0 | €14 | +€14 | +5770.8% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +5770.8% |
| Financial charges | 65/66B | €319 | €247 | -€73 | -22.7% |
| Recurring financial charges | 65 | €319 | €247 | -€73 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €13,609 | €20,703 | +€7,094 | +52.1% |
| Income taxes | 67/77 | €2,722 | €4,190 | +€1,469 | +54.0% |
| Profit (loss) for the period | 9904 | €10,887 | €16,513 | +€5,626 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,887 | €16,513 | +€5,626 | +51.7% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.