LEVANS COMPANY: 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.
LEVANS COMPANY
Largest movements
- Cash +€160,661
up €160,661 (+113%), from €142,016 to €302,677
mainly Current investments (+€120,500) and Net result for the year (+€118,844)
- Current investments -€120,500
down €120,500 (-37.6%), from €320,500 to €200,000
- Tangible fixed assets -€56,076
down €56,076 (-26.5%), from €211,466 to €155,391
of which Leasing and similar rights: -€31,347
- Receivables within one year -€42,454
down €42,454 (-26.3%), from €161,454 to €119,000
of which Trade receivables: -€27,845
- Stocks and contracts +€20,811
up €20,811 (+23.0%), from €90,440 to €111,251
- Reserves +€118,844
up €118,844 (+37.8%), from €314,496 to €433,341
of which Distributable reserves: +€118,844
- Trade debts -€101,665
down €101,665 (-39.3%), from €258,983 to €157,318
- Other debts -€44,517
down €44,517 (-61.5%), from €72,332 to €27,815
- Current portion of long-term debt -€19,685
down €19,685 (-88.5%), from €22,232 to €2,547
- Tax, wage and social debts +€17,748
up €17,748 (+132%), from €13,409 to €31,158
of which Taxes: +€17,099
- Gross operating margin +€65,208
up €65,208 (+30.5%), from €213,960 to €279,168
- Other operating charges +€28,460
up €28,460 (+379%), from €7,501 to €35,960
- Taxes +€16,587
up €16,587 (+44.5%), from €37,275 to €53,862
- Financial charges -€9,405
down €9,405 (-75.4%), from €12,471 to €3,066
- Staff costs +€9,335
up €9,335 (+101%), from €9,233 to €18,568
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 | €936,447 | €898,892 | -€37,555 | -4.0% |
| Fixed assets | 21/28 | €221,966 | €165,891 | -€56,076 | -25.3% |
| Tangible fixed assets | 22/27 | €211,466 | €155,391 | -€56,076 | -26.5% |
| Land and buildings | 22 | €61,069 | €45,460 | -€15,609 | -25.6% |
| Plant, machinery and equipment | 23 | €2,990 | €26,850 | +€23,860 | +798% |
| Furniture and vehicles | 24 | €19,419 | €10,000 | -€9,419 | -48.5% |
| Leasing and similar rights | 25 | €31,347 | - | -€31,347 | |
| Other tangible fixed assets | 26 | €96,642 | €73,081 | -€23,561 | -24.4% |
| Financial fixed assets | 28 | €10,500 | €10,500 | = | 0.0% |
| Current assets | 29/58 | €714,481 | €733,001 | +€18,520 | +2.6% |
| Stocks and contracts in progress | 3 | €90,440 | €111,251 | +€20,811 | +23.0% |
| Stocks | 30/36 | €90,440 | €111,251 | +€20,811 | +23.0% |
| Amounts receivable within one year | 40/41 | €161,454 | €119,000 | -€42,454 | -26.3% |
| Trade receivables | 40 | €146,844 | €119,000 | -€27,845 | -19.0% |
| Other amounts receivable | 41 | €14,610 | - | -€14,610 | |
| Current investments | 50/53 | €320,500 | €200,000 | -€120,500 | -37.6% |
| Cash at bank and in hand | 54/58 | €142,016 | €302,677 | +€160,661 | +113% |
| Deferred charges and accrued income | 490/1 | €71 | €73 | +€2 | +3.1% |
| Total equity and liabilities | 10/49 | €936,447 | €898,892 | -€37,555 | -4.0% |
| Equity | 10/15 | €546,210 | €665,055 | +€118,844 | +21.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €314,496 | €433,341 | +€118,844 | +37.8% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €294,496 | €413,341 | +€118,844 | +40.4% |
| Profit (loss) carried forward | 14 | €31,714 | €31,714 | = | 0.0% |
| Amounts payable | 17/49 | €390,237 | €233,837 | -€156,400 | -40.1% |
| Amounts payable after more than one year | 17 | €2,547 | - | -€2,547 | |
| Financial debts | 170/4 | €2,547 | - | -€2,547 | |
| Amounts payable within one year | 42/48 | €381,955 | €233,837 | -€148,118 | -38.8% |
| Current portion of amounts payable after more than one year | 42 | €22,232 | €2,547 | -€19,685 | -88.5% |
| Financial debts | 43 | €15,000 | €15,000 | = | 0.0% |
| Credit institutions | 430/8 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €258,983 | €157,318 | -€101,665 | -39.3% |
| Suppliers | 440/4 | €258,983 | €157,318 | -€101,665 | -39.3% |
| Taxes, remuneration and social security | 45 | €13,409 | €31,158 | +€17,748 | +132% |
| Taxes | 450/3 | €11,392 | €28,491 | +€17,099 | +150% |
| Remuneration and social security | 454/9 | €2,017 | €2,666 | +€649 | +32.2% |
| Other amounts payable | 47/48 | €72,332 | €27,815 | -€44,517 | -61.5% |
| Accrued charges and deferred income | 492/3 | €5,734 | - | -€5,734 | |
| Remuneration, social security and pensions | 62 | €9,233 | €18,568 | +€9,335 | +101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,032 | €57,643 | -€1,390 | -2.4% |
| Other operating charges | 640/8 | €7,501 | €35,960 | +€28,460 | +379% |
| Gross operating margin | 9900 | €213,960 | €279,168 | +€65,208 | +30.5% |
| Operating profit (loss) | 9901 | €138,194 | €166,996 | +€28,802 | +20.8% |
| Financial income | 75/76B | €8,036 | €8,776 | +€739 | +9.2% |
| Recurring financial income | 75 | €8,036 | €8,776 | +€739 | +9.2% |
| Financial charges | 65/66B | €12,471 | €3,066 | -€9,405 | -75.4% |
| Recurring financial charges | 65 | €12,471 | €3,066 | -€9,405 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | €133,759 | €172,706 | +€38,947 | +29.1% |
| Income taxes | 67/77 | €37,275 | €53,862 | +€16,587 | +44.5% |
| Profit (loss) for the period | 9904 | €96,484 | €118,844 | +€22,361 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €96,484 | €118,844 | +€22,361 | +23.2% |
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 27 October 2026 via checked.be.