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LEVABATI: 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.

What changed

LEVABATI

BE 0425.782.587
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€8,590
2024 · -€13,131+€4,541
Equity
€933,710
2024 · €942,300-€8,590
Cash
€54,008
2024 · €135,692-€81,684
Balance sheet total
€1.0m
2024 · €1.1m-€33,281

Largest movements

2024 to 2025
Assets
  • Cash -€81,684

    down €81,684 (-60.2%), from €135,692 to €54,008

    mainly Current investments (-€45,000) and Investment in fixed assets (net) (-€33,574)

  • Current investments +€45,000

    up €45,000 (+33.0%), from €136,559 to €181,559

Equity and liabilities
  • Tax, wage and social debts -€16,883

    down €16,883 (-97.5%), from €17,313 to €430

Income statement
  • Gross operating margin +€8,953

    up €8,953 (+40.1%), from €22,353 to €31,306

  • Financial income -€1,953

    down €1,953 (-56.3%), from €3,471 to €1,518

  • Depreciation +€1,885

    up €1,885 (+5.7%), from €32,791 to €34,676

  • Taxes +€418

    up €418 (+3384.8%), from €12 to €430

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€13,131
Gross operating margin +€8,953
Depreciation -€1,885
Other operating charges -€299
Financial income -€1,953
Financial charges +€13
Taxes -€418
Deferred taxes and other +€130
Result 2025 -€8,590

Cash bridge derived

cash 2024 to 2025

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.

From operations -€3,111
Investment -€78,574
Financing €0
Cash 2024 €135,692
Net result for the year -€8,590
Depreciation +€34,676
Receivables within one year -€2,018
Deferred charges and accrued income -€2,488
Provisions -€4,522
Trade debts -€588
Tax, wage and social debts -€16,883
Other debts -€1,798
Accrued charges and deferred income -€901
Investment in fixed assets (net) -€33,574
Current investments -€45,000
Cash 2025 €54,008
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,054,265 €1,020,984 -€33,281 -3.2%
Fixed assets 21/28 €772,947 €771,845 -€1,103 -0.1%
Tangible fixed assets 22/27 €772,947 €771,845 -€1,103 -0.1%
Land and buildings 22 €498,116 €736,098 +€237,981 +47.8%
Plant, machinery and equipment 23 €44,349 €35,747 -€8,601 -19.4%
Assets under construction and advance payments 27 €230,483 €0 -€230,483 -100.0%
Current assets 29/58 €281,318 €249,139 -€32,179 -11.4%
Amounts receivable within one year 40/41 €6,876 €8,894 +€2,018 +29.3%
Other amounts receivable 41 €6,876 €8,894 +€2,018 +29.3%
Current investments 50/53 €136,559 €181,559 +€45,000 +33.0%
Cash at bank and in hand 54/58 €135,692 €54,008 -€81,684 -60.2%
Deferred charges and accrued income 490/1 €2,190 €4,679 +€2,488 +113.6%
Total equity and liabilities 10/49 €1,054,265 €1,020,984 -€33,281 -3.2%
Equity 10/15 €942,300 €933,710 -€8,590 -0.9%
Contributions 10/11 €400,000 €400,000 = 0.0%
Capital 10 €400,000 €400,000 = 0.0%
Issued capital 100 €400,000 €400,000 = 0.0%
Reserves 13 €308,165 €298,031 -€10,134 -3.3%
Non-distributable reserves 130/1 €31,018 €31,018 = 0.0%
Legal reserve 130 €31,018 €31,018 = 0.0%
Tax-exempt reserves 132 €222,260 €212,126 -€10,134 -4.6%
Distributable reserves 133 €54,887 €54,887 = 0.0%
Profit (loss) carried forward 14 €234,135 €235,679 +€1,544 +0.7%
Provisions and deferred taxes 16 €89,969 €85,447 -€4,522 -5.0%
Deferred taxes 168 €89,969 €85,447 -€4,522 -5.0%
Amounts payable 17/49 €21,997 €1,827 -€20,169 -91.7%
Amounts payable within one year 42/48 €21,096 €1,827 -€19,268 -91.3%
Trade debts 44 €597 €10 -€588 -98.4%
Suppliers 440/4 €597 €10 -€588 -98.4%
Taxes, remuneration and social security 45 €17,313 €430 -€16,883 -97.5%
Taxes 450/3 €17,313 €430 -€16,883 -97.5%
Other amounts payable 47/48 €3,186 €1,388 -€1,798 -56.4%
Accrued charges and deferred income 492/3 €901 €0 -€901 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €32,791 €34,676 +€1,885 +5.7%
Other operating charges 640/8 €9,743 €10,042 +€299 +3.1%
Gross operating margin 9900 €22,353 €31,306 +€8,953 +40.1%
Operating profit (loss) 9901 -€20,182 -€13,412 +€6,769 +33.5%
Financial income 75/76B €3,471 €1,518 -€1,953 -56.3%
Recurring financial income 75 €3,471 €1,518 -€1,953 -56.3%
Financial charges 65/66B €801 €787 -€13 -1.7%
Recurring financial charges 65 €801 €787 -€13 -1.7%
Profit (loss) for the period before taxes 9903 -€17,511 -€12,682 +€4,829 +27.6%
Transfer from deferred taxes 780 €4,393 €4,522 +€130 +3.0%
Income taxes 67/77 €12 €430 +€418 +3384.8%
Profit (loss) for the period 9904 -€13,131 -€8,590 +€4,541 +34.6%
Transfer from tax-exempt reserves 789 €9,745 €10,134 +€389 +4.0%
Profit (loss) for the period to be appropriated 9905 -€3,387 €1,544 +€4,931

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 29 September 2026 via checked.be.