Levanco: 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.
Levanco
Largest movements
- Cash -€114,339
down €114,339 (-74.9%), from €152,568 to €38,229
mainly Debts after one year (-€171,859) and Contributions, distributions and other (-€120,000)
- Debts after one year -€171,859
down €171,859 (-17.5%), from €981,612 to €809,754
- Other debts +€40,000
up €40,000 (+41.2%), from €97,159 to €137,159
- Financial income -€80,000
down €80,000 (-50.0%), from €160,000 to €80,000
- Gross operating margin +€17,621
up €17,621 (+14.4%), from €122,031 to €139,652
- Financial charges +€11,171
up €11,171 (+24.6%), from €45,389 to €56,560
- Taxes +€2,111
up €2,111 (+9.2%), from €22,889 to €25,000
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 | €3,052,617 | €2,916,448 | -€136,169 | -4.5% |
| Fixed assets | 21/28 | €2,851,649 | €2,851,649 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Financial fixed assets | 28 | €2,851,649 | €2,851,649 | = | 0.0% |
| Current assets | 29/58 | €200,968 | €64,799 | -€136,169 | -67.8% |
| Amounts receivable within one year | 40/41 | €48,400 | €26,570 | -€21,830 | -45.1% |
| Trade receivables | 40 | €48,400 | €26,570 | -€21,830 | -45.1% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €152,568 | €38,229 | -€114,339 | -74.9% |
| Total equity and liabilities | 10/49 | €3,052,617 | €2,916,448 | -€136,169 | -4.5% |
| Equity | 10/15 | €1,760,427 | €1,777,376 | +€16,949 | +1.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €948,527 | €948,527 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €942,327 | €942,327 | = | 0.0% |
| Profit (loss) carried forward | 14 | €749,900 | €766,849 | +€16,949 | +2.3% |
| Amounts payable | 17/49 | €1,292,190 | €1,139,072 | -€153,118 | -11.8% |
| Amounts payable after more than one year | 17 | €981,612 | €809,754 | -€171,859 | -17.5% |
| Financial debts | 170/4 | €981,612 | €809,754 | -€171,859 | -17.5% |
| Amounts payable within one year | 42/48 | €285,577 | €320,905 | +€35,328 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €169,368 | €171,859 | +€2,491 | +1.5% |
| Trade debts | 44 | €14,877 | €7,650 | -€7,228 | -48.6% |
| Suppliers | 440/4 | €14,877 | €7,650 | -€7,228 | -48.6% |
| Taxes, remuneration and social security | 45 | €4,174 | €4,238 | +€65 | +1.5% |
| Taxes | 450/3 | €4,174 | €4,238 | +€65 | +1.5% |
| Other amounts payable | 47/48 | €97,159 | €137,159 | +€40,000 | +41.2% |
| Accrued charges and deferred income | 492/3 | €25,000 | €8,413 | -€16,587 | -66.3% |
| Other operating charges | 640/8 | €1,108 | €1,143 | +€35 | +3.1% |
| Gross operating margin | 9900 | €122,031 | €139,652 | +€17,621 | +14.4% |
| Operating profit (loss) | 9901 | €120,923 | €138,509 | +€17,587 | +14.5% |
| Financial income | 75/76B | €160,000 | €80,000 | -€80,000 | -50.0% |
| Recurring financial income | 75 | €160,000 | €80,000 | -€80,000 | -50.0% |
| Financial charges | 65/66B | €45,389 | €56,560 | +€11,171 | +24.6% |
| Recurring financial charges | 65 | €45,389 | €56,560 | +€11,171 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €235,534 | €161,949 | -€73,584 | -31.2% |
| Income taxes | 67/77 | €22,889 | €25,000 | +€2,111 | +9.2% |
| Profit (loss) for the period | 9904 | €212,645 | €136,949 | -€75,696 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €212,645 | €136,949 | -€75,696 | -35.6% |
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.