LEVA INVEST: 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.
LEVA INVEST
Largest movements
- Cash +€21,544
up €21,544 (+77.6%), from €27,780 to €49,324
mainly Net result for the year (+€33,502) and Receivables within one year (+€9,075)
- Receivables within one year -€9,075
no longer reported in 2025 (was €9,075)
- Profit (loss) carried forward +€33,502
new in 2025: €33,502
- Debts after one year -€21,102
down €21,102 (-8.6%), from €246,712 to €225,611
- Gross operating margin +€3,860
up €3,860 (+8.2%), from €46,812 to €50,672
- Taxes -€2,547
down €2,547 (-23.3%), from €10,922 to €8,375
- Staff costs +€1,914
up €1,914 (+93.3%), from €2,052 to €3,966
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 | €336,105 | €348,574 | +€12,469 | +3.7% |
| Fixed assets | 21/28 | €299,250 | €299,250 | = | 0.0% |
| Financial fixed assets | 28 | €299,250 | €299,250 | = | 0.0% |
| Current assets | 29/58 | €36,855 | €49,324 | +€12,469 | +33.8% |
| Amounts receivable within one year | 40/41 | €9,075 | - | -€9,075 | |
| Trade receivables | 40 | €9,075 | - | -€9,075 | |
| Cash at bank and in hand | 54/58 | €27,780 | €49,324 | +€21,544 | +77.6% |
| Total equity and liabilities | 10/49 | €336,105 | €348,574 | +€12,469 | +3.7% |
| Equity | 10/15 | €48,358 | €81,859 | +€33,502 | +69.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €46,358 | €46,358 | = | 0.0% |
| Distributable reserves | 133 | €46,358 | €46,358 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €33,502 | +€33,502 | |
| Amounts payable | 17/49 | €287,748 | €266,714 | -€21,033 | -7.3% |
| Amounts payable after more than one year | 17 | €246,712 | €225,611 | -€21,102 | -8.6% |
| Financial debts | 170/4 | €246,712 | €225,611 | -€21,102 | -8.6% |
| Amounts payable within one year | 42/48 | €41,035 | €41,104 | +€69 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €21,981 | €22,824 | +€843 | +3.8% |
| Trade debts | 44 | €683 | €2,525 | +€1,843 | +270% |
| Suppliers | 440/4 | €683 | €2,525 | +€1,843 | +270% |
| Taxes, remuneration and social security | 45 | €15,573 | €13,021 | -€2,552 | -16.4% |
| Taxes | 450/3 | €15,573 | €13,021 | -€2,552 | -16.4% |
| Other amounts payable | 47/48 | €2,798 | €2,733 | -€66 | -2.3% |
| Remuneration, social security and pensions | 62 | €2,052 | €3,966 | +€1,914 | +93.3% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €46,812 | €50,672 | +€3,860 | +8.2% |
| Operating profit (loss) | 9901 | €44,310 | €46,244 | +€1,934 | +4.4% |
| Financial charges | 65/66B | €4,694 | €4,367 | -€327 | -7.0% |
| Recurring financial charges | 65 | €4,694 | €4,367 | -€327 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €39,617 | €41,877 | +€2,260 | +5.7% |
| Income taxes | 67/77 | €10,922 | €8,375 | -€2,547 | -23.3% |
| Profit (loss) for the period | 9904 | €28,694 | €33,502 | +€4,807 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,694 | €33,502 | +€4,807 | +16.8% |
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 25 October 2026 via checked.be.