LEVAN DESIGN: 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.
LEVAN DESIGN
Largest movements
- Tangible fixed assets -€50,225
down €50,225 (-11.7%), from €428,506 to €378,281
of which Furniture and vehicles: -€34,427
- Stocks and contracts +€20,750
up €20,750 (+1,660%), from €1,250 to €22,000
of which Contracts in progress: +€14,000
- Receivables within one year -€6,162
down €6,162 (-15.8%), from €38,955 to €32,793
of which Other amounts receivable: -€4,181
- Reserves -€58,000
down €58,000 (-40.6%), from €143,000 to €85,000
- Other debts +€46,766
up €46,766 (+401%), from €11,669 to €58,435
- Debts after one year -€33,475
down €33,475 (-10.8%), from €309,564 to €276,088
- Gross operating margin -€34,834
down €34,834 (-25.7%), from €135,597 to €100,763
- Staff costs -€15,083
down €15,083 (-31.0%), from €48,622 to €33,539
- Taxes -€5,258
down €5,258 (-71.5%), from €7,358 to €2,099
- Depreciation +€4,026
up €4,026 (+8.0%), from €50,445 to €54,471
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 | €523,974 | €479,996 | -€43,979 | -8.4% |
| Fixed assets | 21/28 | €428,506 | €378,281 | -€50,225 | -11.7% |
| Tangible fixed assets | 22/27 | €428,506 | €378,281 | -€50,225 | -11.7% |
| Land and buildings | 22 | €305,057 | €293,085 | -€11,972 | -3.9% |
| Plant, machinery and equipment | 23 | €14,844 | €12,525 | -€2,319 | -15.6% |
| Furniture and vehicles | 24 | €102,908 | €68,481 | -€34,427 | -33.5% |
| Other tangible fixed assets | 26 | €5,697 | €4,190 | -€1,507 | -26.4% |
| Current assets | 29/58 | €95,469 | €101,715 | +€6,246 | +6.5% |
| Amounts receivable after more than one year | 29 | €5,000 | - | -€5,000 | |
| Other amounts receivable | 291 | €5,000 | - | -€5,000 | |
| Stocks and contracts in progress | 3 | €1,250 | €22,000 | +€20,750 | +1,660% |
| Stocks | 30/36 | €1,250 | €8,000 | +€6,750 | +540% |
| Contracts in progress | 37 | - | €14,000 | +€14,000 | |
| Amounts receivable within one year | 40/41 | €38,955 | €32,793 | -€6,162 | -15.8% |
| Trade receivables | 40 | €26,311 | €24,330 | -€1,981 | -7.5% |
| Other amounts receivable | 41 | €12,644 | €8,463 | -€4,181 | -33.1% |
| Cash at bank and in hand | 54/58 | €48,475 | €45,028 | -€3,446 | -7.1% |
| Deferred charges and accrued income | 490/1 | €1,789 | €1,894 | +€105 | +5.8% |
| Total equity and liabilities | 10/49 | €523,974 | €479,996 | -€43,979 | -8.4% |
| Equity | 10/15 | €153,552 | €96,270 | -€57,283 | -37.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €143,000 | €85,000 | -€58,000 | -40.6% |
| Distributable reserves | 133 | €143,000 | €85,000 | -€58,000 | -40.6% |
| Profit (loss) carried forward | 14 | €4,352 | €5,070 | +€717 | +16.5% |
| Amounts payable | 17/49 | €370,422 | €383,726 | +€13,304 | +3.6% |
| Amounts payable after more than one year | 17 | €309,564 | €276,088 | -€33,475 | -10.8% |
| Financial debts | 170/4 | €309,564 | €276,088 | -€33,475 | -10.8% |
| Amounts payable within one year | 42/48 | €60,858 | €107,638 | +€46,779 | +76.9% |
| Current portion of amounts payable after more than one year | 42 | €33,470 | €33,475 | +€6 | 0.0% |
| Trade debts | 44 | €7,972 | €13,205 | +€5,233 | +65.6% |
| Suppliers | 440/4 | €7,972 | €13,205 | +€5,233 | +65.6% |
| Advances received on contracts in progress | 46 | €2,750 | - | -€2,750 | |
| Taxes, remuneration and social security | 45 | €4,998 | €2,522 | -€2,476 | -49.5% |
| Taxes | 450/3 | €2,522 | €2,522 | -€1 | 0.0% |
| Remuneration and social security | 454/9 | €2,475 | - | -€2,475 | |
| Other amounts payable | 47/48 | €11,669 | €58,435 | +€46,766 | +401% |
| Remuneration, social security and pensions | 62 | €48,622 | €33,539 | -€15,083 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,445 | €54,471 | +€4,026 | +8.0% |
| Other operating charges | 640/8 | €3,372 | €3,060 | -€312 | -9.3% |
| Gross operating margin | 9900 | €135,597 | €100,763 | -€34,834 | -25.7% |
| Operating profit (loss) | 9901 | €33,158 | €9,693 | -€23,464 | -70.8% |
| Financial income | 75/76B | €296 | €32 | -€264 | -89.2% |
| Recurring financial income | 75 | €296 | €32 | -€264 | -89.2% |
| Financial charges | 65/66B | €6,577 | €6,908 | +€331 | +5.0% |
| Recurring financial charges | 65 | €6,577 | €6,908 | +€331 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €26,877 | €2,817 | -€24,060 | -89.5% |
| Income taxes | 67/77 | €7,358 | €2,099 | -€5,258 | -71.5% |
| Profit (loss) for the period | 9904 | €19,519 | €717 | -€18,801 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,519 | €717 | -€18,801 | -96.3% |
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 15 October 2026 via checked.be.