LEVA: 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.
LEVA
Largest movements
- Cash +€28,202
up €28,202 (+3.4%), from €834,192 to €862,393
mainly Other debts (+€104,949) and Net result for the year (+€35,177)
- Other debts +€104,949
up €104,949 (+16.3%), from €643,869 to €748,818
- Reserves -€70,000
down €70,000 (-15.5%), from €452,097 to €382,097
of which Distributable reserves: -€70,000
- Trade debts -€14,784
down €14,784 (-93.8%), from €15,762 to €978
- Gross operating margin -€47,351
down €47,351 (-56.1%), from €84,474 to €37,123
- Taxes -€10,763
down €10,763 (-44.2%), from €24,341 to €13,579
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 | €1,139,744 | €1,168,425 | +€28,681 | +2.5% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €1,139,744 | €1,168,425 | +€28,681 | +2.5% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €99,553 | €94,032 | -€5,520 | -5.5% |
| Trade receivables | 40 | €6,050 | €204 | -€5,846 | -96.6% |
| Other amounts receivable | 41 | €93,503 | €93,829 | +€326 | +0.3% |
| Cash at bank and in hand | 54/58 | €834,192 | €862,393 | +€28,202 | +3.4% |
| Deferred charges and accrued income | 490/1 | €6,000 | €12,000 | +€6,000 | +100.0% |
| Total equity and liabilities | 10/49 | €1,139,744 | €1,168,425 | +€28,681 | +2.5% |
| Equity | 10/15 | €477,097 | €407,097 | -€70,000 | -14.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €452,097 | €382,097 | -€70,000 | -15.5% |
| Tax-exempt reserves | 132 | €257 | €257 | = | 0.0% |
| Distributable reserves | 133 | €451,840 | €381,840 | -€70,000 | -15.5% |
| Amounts payable | 17/49 | €662,647 | €761,328 | +€98,681 | +14.9% |
| Amounts payable within one year | 42/48 | €662,647 | €761,328 | +€98,681 | +14.9% |
| Trade debts | 44 | €15,762 | €978 | -€14,784 | -93.8% |
| Suppliers | 440/4 | €15,762 | €978 | -€14,784 | -93.8% |
| Taxes, remuneration and social security | 45 | €3,016 | €11,532 | +€8,516 | +282.4% |
| Taxes | 450/3 | €3,016 | €11,532 | +€8,516 | +282.4% |
| Other amounts payable | 47/48 | €643,869 | €748,818 | +€104,949 | +16.3% |
| Other operating charges | 640/8 | €1,117 | €1,319 | +€202 | +18.1% |
| Gross operating margin | 9900 | €84,474 | €37,123 | -€47,351 | -56.1% |
| Operating profit (loss) | 9901 | €83,357 | €35,804 | -€47,553 | -57.0% |
| Financial income | 75/76B | €12,146 | €12,953 | +€807 | +6.6% |
| Recurring financial income | 75 | €12,146 | €12,953 | +€807 | +6.6% |
| Financial charges | 65/66B | €1 | €1 | = | 0.0% |
| Recurring financial charges | 65 | €1 | €1 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €95,502 | €48,756 | -€46,747 | -48.9% |
| Income taxes | 67/77 | €24,341 | €13,579 | -€10,763 | -44.2% |
| Profit (loss) for the period | 9904 | €71,161 | €35,177 | -€35,984 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €71,161 | €35,177 | -€35,984 | -50.6% |
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 6 October 2026 via checked.be.