LEVANTUS: 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.
LEVANTUS
Largest movements
- Current investments +€62,249
up €62,249 (+77.6%), from €80,218 to €142,467
- Cash -€34,111
down €34,111 (-42.9%), from €79,531 to €45,420
mainly Current investments (-€62,249) and Other debts (-€19,873)
- Receivables within one year +€17,298
up €17,298 (+54.3%), from €31,829 to €49,127
of which Trade receivables: +€15,092
- Tangible fixed assets -€8,068
down €8,068 (-45.1%), from €17,873 to €9,805
of which Furniture and vehicles: -€5,243
- Reserves +€59,991
up €59,991 (+51.3%), from €117,013 to €177,004
of which Distributable reserves: +€59,991
- Other debts -€19,873
down €19,873 (-35.5%), from €55,912 to €36,040
- Trade debts -€4,733
down €4,733 (-69.2%), from €6,835 to €2,103
- Financial income -€78,150
down €78,150 (-99.5%), from €78,550 to €401
of which Non-recurring financial income: -€69,079
- Staff costs +€12,028
up €12,028 (+226.6%), from €5,309 to €17,337
- Taxes -€4,304
down €4,304 (-21.2%), from €20,261 to €15,957
- Depreciation +€1,395
up €1,395 (+17.8%), from €7,847 to €9,242
- Gross operating margin +€1,150
up €1,150 (+1.1%), from €106,388 to €107,538
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 | €214,277 | €251,496 | +€37,219 | +17.4% |
| Fixed assets | 21/28 | €17,873 | €9,805 | -€8,068 | -45.1% |
| Tangible fixed assets | 22/27 | €17,873 | €9,805 | -€8,068 | -45.1% |
| Furniture and vehicles | 24 | €11,979 | €6,736 | -€5,243 | -43.8% |
| Other tangible fixed assets | 26 | €5,894 | €3,069 | -€2,825 | -47.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €196,403 | €241,691 | +€45,287 | +23.1% |
| Amounts receivable within one year | 40/41 | €31,829 | €49,127 | +€17,298 | +54.3% |
| Trade receivables | 40 | €29,166 | €44,258 | +€15,092 | +51.7% |
| Other amounts receivable | 41 | €2,663 | €4,869 | +€2,206 | +82.8% |
| Current investments | 50/53 | €80,218 | €142,467 | +€62,249 | +77.6% |
| Cash at bank and in hand | 54/58 | €79,531 | €45,420 | -€34,111 | -42.9% |
| Deferred charges and accrued income | 490/1 | €4,825 | €4,677 | -€148 | -3.1% |
| Total equity and liabilities | 10/49 | €214,277 | €251,496 | +€37,219 | +17.4% |
| Equity | 10/15 | €135,913 | €195,904 | +€59,991 | +44.1% |
| Contributions | 10/11 | €18,900 | €18,900 | = | 0.0% |
| Reserves | 13 | €117,013 | €177,004 | +€59,991 | +51.3% |
| Non-distributable reserves | 130/1 | €1,890 | €1,890 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,890 | €1,890 | = | 0.0% |
| Tax-exempt reserves | 132 | €69 | €69 | = | 0.0% |
| Distributable reserves | 133 | €115,054 | €175,045 | +€59,991 | +52.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,364 | €55,592 | -€22,772 | -29.1% |
| Amounts payable within one year | 42/48 | €74,007 | €51,743 | -€22,265 | -30.1% |
| Trade debts | 44 | €6,835 | €2,103 | -€4,733 | -69.2% |
| Suppliers | 440/4 | €6,835 | €2,103 | -€4,733 | -69.2% |
| Taxes, remuneration and social security | 45 | €11,260 | €13,600 | +€2,341 | +20.8% |
| Taxes | 450/3 | €10,829 | €13,600 | +€2,772 | +25.6% |
| Remuneration and social security | 454/9 | €431 | €0 | -€431 | -100.0% |
| Other amounts payable | 47/48 | €55,912 | €36,040 | -€19,873 | -35.5% |
| Accrued charges and deferred income | 492/3 | €4,357 | €3,850 | -€507 | -11.6% |
| Remuneration, social security and pensions | 62 | €5,309 | €17,337 | +€12,028 | +226.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,847 | €9,242 | +€1,395 | +17.8% |
| Other operating charges | 640/8 | €1,078 | €1,122 | +€44 | +4.1% |
| Gross operating margin | 9900 | €106,388 | €107,538 | +€1,150 | +1.1% |
| Operating profit (loss) | 9901 | €92,155 | €79,838 | -€12,317 | -13.4% |
| Financial income | 75/76B | €78,550 | €401 | -€78,150 | -99.5% |
| Recurring financial income | 75 | €9,471 | €401 | -€9,071 | -95.8% |
| Non-recurring financial income | 76B | €69,079 | €0 | -€69,079 | -100.0% |
| Financial charges | 65/66B | €4,374 | €3,640 | -€734 | -16.8% |
| Recurring financial charges | 65 | €4,374 | €3,640 | -€734 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €166,332 | €76,598 | -€89,733 | -53.9% |
| Income taxes | 67/77 | €20,261 | €15,957 | -€4,304 | -21.2% |
| Profit (loss) for the period | 9904 | €146,071 | €60,641 | -€85,430 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €146,071 | €60,641 | -€85,430 | -58.5% |
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 10 October 2026 via checked.be.