LEVANTO: 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.
LEVANTO
Largest movements
- Receivables within one year -€57,506
down €57,506 (-97.2%), from €59,153 to €1,647
of which Trade receivables: -€55,853
- Tangible fixed assets -€33,550
down €33,550 (-3.3%), from €1.0m to €989,335
of which Other tangible fixed assets: -€32,932
- Trade debts -€85,182
down €85,182 (-95.2%), from €89,498 to €4,316
- Debts after one year -€35,675
down €35,675 (-13.4%), from €265,764 to €230,088
- Profit (loss) carried forward +€27,460
up €27,460 (+51.8%), from -€52,971 to -€25,511
- Short-term financial debts -€22,923
down €22,923 (-100%), from €22,923 to €0
- Financial charges -€9,166
down €9,166 (-36.2%), from €25,293 to €16,127
- Taxes +€4,720
up €4,720 (+69.8%), from €6,766 to €11,486
- Gross operating margin -€4,199
down €4,199 (-4.0%), from €105,691 to €101,492
- Other operating charges +€3,054
up €3,054 (+31.1%), from €9,813 to €12,867
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 | €1,098,785 | €997,580 | -€101,205 | -9.2% |
| Fixed assets | 21/28 | €1,022,886 | €989,335 | -€33,550 | -3.3% |
| Tangible fixed assets | 22/27 | €1,022,886 | €989,335 | -€33,550 | -3.3% |
| Furniture and vehicles | 24 | €2,753 | €2,135 | -€618 | -22.5% |
| Other tangible fixed assets | 26 | €1,020,133 | €987,200 | -€32,932 | -3.2% |
| Current assets | 29/58 | €75,899 | €8,245 | -€67,654 | -89.1% |
| Amounts receivable within one year | 40/41 | €59,153 | €1,647 | -€57,506 | -97.2% |
| Trade receivables | 40 | €57,500 | €1,647 | -€55,853 | -97.1% |
| Other amounts receivable | 41 | €1,653 | €0 | -€1,653 | -100% |
| Cash at bank and in hand | 54/58 | €16,745 | €6,597 | -€10,148 | -60.6% |
| Total equity and liabilities | 10/49 | €1,098,785 | €997,580 | -€101,205 | -9.2% |
| Equity | 10/15 | €47,029 | €74,489 | +€27,460 | +58.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,971 | -€25,511 | +€27,460 | +51.8% |
| Amounts payable | 17/49 | €1,051,756 | €923,091 | -€128,665 | -12.2% |
| Amounts payable after more than one year | 17 | €265,764 | €230,088 | -€35,675 | -13.4% |
| Financial debts | 170/4 | €265,764 | €230,088 | -€35,675 | -13.4% |
| Amounts payable within one year | 42/48 | €782,465 | €690,478 | -€91,987 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €13,315 | €12,254 | -€1,061 | -8.0% |
| Financial debts | 43 | €22,923 | €0 | -€22,923 | -100% |
| Credit institutions | 430/8 | €22,923 | €0 | -€22,923 | -100% |
| Trade debts | 44 | €89,498 | €4,316 | -€85,182 | -95.2% |
| Suppliers | 440/4 | €89,498 | €4,316 | -€85,182 | -95.2% |
| Taxes, remuneration and social security | 45 | €2,143 | €9,175 | +€7,032 | +328% |
| Taxes | 450/3 | €2,143 | €9,175 | +€7,032 | +328% |
| Other amounts payable | 47/48 | €654,586 | €664,733 | +€10,146 | +1.6% |
| Accrued charges and deferred income | 492/3 | €3,527 | €2,524 | -€1,003 | -28.4% |
| Non-recurring operating income | 76A | €44,824 | €0 | -€44,824 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,270 | €33,550 | +€280 | +0.8% |
| Other operating charges | 640/8 | €9,813 | €12,867 | +€3,054 | +31.1% |
| Gross operating margin | 9900 | €105,691 | €101,492 | -€4,199 | -4.0% |
| Operating profit (loss) | 9901 | €62,608 | €55,074 | -€7,534 | -12.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €25,293 | €16,127 | -€9,166 | -36.2% |
| Recurring financial charges | 65 | €25,293 | €16,127 | -€9,166 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €37,315 | €38,946 | +€1,632 | +4.4% |
| Income taxes | 67/77 | €6,766 | €11,486 | +€4,720 | +69.8% |
| Profit (loss) for the period | 9904 | €30,549 | €27,460 | -€3,089 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,549 | €27,460 | -€3,089 | -10.1% |
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 18 October 2026 via checked.be.