Levadura: 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.
Levadura
Largest movements
- Cash -€46,624
down €46,624 (-77.4%), from €60,205 to €13,581
mainly Net result for the year (-€162,672) and Investment in fixed assets (net) (-€24,497)
- Intangible fixed assets +€22,423
new in 2025: €22,423
- Deferred charges and accrued income +€17,714
up €17,714 (+3094.0%), from €573 to €18,286
- Tangible fixed assets -€17,186
down €17,186 (-18.1%), from €94,810 to €77,624
of which Land and buildings: -€8,621
- Receivables within one year -€16,163
down €16,163 (-33.0%), from €49,008 to €32,844
of which Trade receivables: -€13,048
- Profit (loss) carried forward -€162,672
down €162,672 (-46.2%), from -€352,451 to -€515,123
- Debts after one year +€103,885
up €103,885 (+28.1%), from €369,064 to €472,949
- Accrued charges and deferred income +€12,154
new in 2025: €12,154
- Trade debts +€3,343
up €3,343 (+26.5%), from €12,595 to €15,938
- Short-term financial debts +€3,285
up €3,285, from €0 to €3,285
- Gross operating margin -€85,270
down €85,270 (-225.8%), from -€37,760 to -€123,030
- Financial charges +€2,579
up €2,579 (+15.0%), from €17,166 to €19,745
- Depreciation +€1,574
up €1,574 (+8.9%), from €17,686 to €19,260
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 | €204,595 | €164,759 | -€39,836 | -19.5% |
| Fixed assets | 21/28 | €94,810 | €100,047 | +€5,237 | +5.5% |
| Intangible fixed assets | 21 | - | €22,423 | +€22,423 | |
| Tangible fixed assets | 22/27 | €94,810 | €77,624 | -€17,186 | -18.1% |
| Land and buildings | 22 | €67,080 | €58,459 | -€8,621 | -12.9% |
| Plant, machinery and equipment | 23 | €1,625 | €1,420 | -€205 | -12.6% |
| Furniture and vehicles | 24 | €26,105 | €17,746 | -€8,360 | -32.0% |
| Current assets | 29/58 | €109,785 | €64,711 | -€45,073 | -41.1% |
| Amounts receivable within one year | 40/41 | €49,008 | €32,844 | -€16,163 | -33.0% |
| Trade receivables | 40 | €17,481 | €4,433 | -€13,048 | -74.6% |
| Other amounts receivable | 41 | €31,527 | €28,411 | -€3,116 | -9.9% |
| Cash at bank and in hand | 54/58 | €60,205 | €13,581 | -€46,624 | -77.4% |
| Deferred charges and accrued income | 490/1 | €573 | €18,286 | +€17,714 | +3094.0% |
| Total equity and liabilities | 10/49 | €204,595 | €164,759 | -€39,836 | -19.5% |
| Equity | 10/15 | -€177,451 | -€340,123 | -€162,672 | -91.7% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€352,451 | -€515,123 | -€162,672 | -46.2% |
| Amounts payable | 17/49 | €382,046 | €504,882 | +€122,836 | +32.2% |
| Amounts payable after more than one year | 17 | €369,064 | €472,949 | +€103,885 | +28.1% |
| Financial debts | 170/4 | €369,064 | €472,949 | +€103,885 | +28.1% |
| Amounts payable within one year | 42/48 | €12,983 | €19,779 | +€6,796 | +52.3% |
| Financial debts | 43 | €0 | €3,285 | +€3,285 | |
| Credit institutions | 430/8 | €0 | €3,285 | +€3,285 | |
| Trade debts | 44 | €12,595 | €15,938 | +€3,343 | +26.5% |
| Suppliers | 440/4 | €12,595 | €15,938 | +€3,343 | +26.5% |
| Taxes, remuneration and social security | 45 | €42 | €0 | -€42 | -100.0% |
| Taxes | 450/3 | €42 | €0 | -€42 | -100.0% |
| Other amounts payable | 47/48 | €346 | €556 | +€210 | +60.7% |
| Accrued charges and deferred income | 492/3 | - | €12,154 | +€12,154 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,686 | €19,260 | +€1,574 | +8.9% |
| Other operating charges | 640/8 | €118 | €638 | +€520 | +440.4% |
| Gross operating margin | 9900 | -€37,760 | -€123,030 | -€85,270 | -225.8% |
| Operating profit (loss) | 9901 | -€55,564 | -€142,927 | -€87,363 | -157.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €17,166 | €19,745 | +€2,579 | +15.0% |
| Recurring financial charges | 65 | €17,166 | €19,745 | +€2,579 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | -€72,730 | -€162,672 | -€89,943 | -123.7% |
| Profit (loss) for the period | 9904 | -€72,730 | -€162,672 | -€89,943 | -123.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,730 | -€162,672 | -€89,943 | -123.7% |
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 11 October 2026 via checked.be.