LEVAL VIDEO: 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.
LEVAL VIDEO
Largest movements
- Stocks and contracts +€21,210
up €21,210 (+64.4%), from €32,925 to €54,135
- Cash -€953
down €953 (-4.3%), from €22,259 to €21,306
mainly Stocks and contracts (-€21,210) and Net result for the year (-€20,421)
- Trade debts +€40,131
up €40,131 (+108.3%), from €37,059 to €77,189
- Profit (loss) carried forward -€20,421
down €20,421 (-405.2%), from -€5,040 to -€25,461
- Other debts -€2,960
down €2,960 (-24.9%), from €11,892 to €8,932
- Tax, wage and social debts +€2,564
new in 2025: €2,564
- Depreciation -€2,557
down €2,557 (-85.7%), from €2,985 to €428
- Taxes -€1,991
down €1,991 (-56.5%), from €3,526 to €1,535
- Gross operating margin -€1,690
down €1,690 (-8.8%), from €19,294 to €17,605
- Other operating charges +€1,620
up €1,620 (+56.0%), from €2,893 to €4,514
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 | €59,965 | €79,279 | +€19,313 | +32.2% |
| Fixed assets | 21/28 | €4,266 | €3,838 | -€428 | -10.0% |
| Tangible fixed assets | 22/27 | €869 | €441 | -€428 | -49.3% |
| Furniture and vehicles | 24 | €869 | €441 | -€428 | -49.3% |
| Financial fixed assets | 28 | €3,397 | €3,397 | = | 0.0% |
| Current assets | 29/58 | €55,700 | €75,441 | +€19,741 | +35.4% |
| Stocks and contracts in progress | 3 | €32,925 | €54,135 | +€21,210 | +64.4% |
| Stocks | 30/36 | €32,925 | €54,135 | +€21,210 | +64.4% |
| Amounts receivable within one year | 40/41 | €516 | - | -€516 | |
| Other amounts receivable | 41 | €516 | - | -€516 | |
| Cash at bank and in hand | 54/58 | €22,259 | €21,306 | -€953 | -4.3% |
| Total equity and liabilities | 10/49 | €59,965 | €79,279 | +€19,313 | +32.2% |
| Equity | 10/15 | €11,015 | -€9,406 | -€20,421 | |
| Contributions | 10/11 | €13,350 | €13,350 | = | 0.0% |
| Capital | 10 | €13,350 | €13,350 | = | 0.0% |
| Issued capital | 100 | €13,350 | €13,350 | = | 0.0% |
| Reserves | 13 | €2,705 | €2,705 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,705 | €2,705 | = | 0.0% |
| Legal reserve | 130 | €2,705 | €2,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,040 | -€25,461 | -€20,421 | -405.2% |
| Amounts payable | 17/49 | €48,951 | €88,685 | +€39,734 | +81.2% |
| Amounts payable within one year | 42/48 | €48,951 | €88,685 | +€39,734 | +81.2% |
| Trade debts | 44 | €37,059 | €77,189 | +€40,131 | +108.3% |
| Suppliers | 440/4 | €37,059 | €77,189 | +€40,131 | +108.3% |
| Taxes, remuneration and social security | 45 | - | €2,564 | +€2,564 | |
| Taxes | 450/3 | - | €2,564 | +€2,564 | |
| Other amounts payable | 47/48 | €11,892 | €8,932 | -€2,960 | -24.9% |
| Remuneration, social security and pensions | 62 | €28,898 | €28,846 | -€51 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,985 | €428 | -€2,557 | -85.7% |
| Other operating charges | 640/8 | €2,893 | €4,514 | +€1,620 | +56.0% |
| Non-recurring operating charges | 66A | €1,500 | €1,500 | = | 0.0% |
| Gross operating margin | 9900 | €19,294 | €17,605 | -€1,690 | -8.8% |
| Operating profit (loss) | 9901 | -€16,982 | -€17,683 | -€702 | -4.1% |
| Financial income | 75/76B | €45 | €68 | +€22 | +49.6% |
| Recurring financial income | 75 | €45 | €68 | +€22 | +49.6% |
| Financial charges | 65/66B | €1,332 | €1,271 | -€61 | -4.6% |
| Recurring financial charges | 65 | €1,332 | €1,271 | -€61 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,268 | -€18,886 | -€618 | -3.4% |
| Income taxes | 67/77 | €3,526 | €1,535 | -€1,991 | -56.5% |
| Profit (loss) for the period | 9904 | -€21,794 | -€20,421 | +€1,373 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,794 | -€20,421 | +€1,373 | +6.3% |
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 9 October 2026 via checked.be.