LEVARE: what changed
Two fiscal 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.
LEVARE
Largest movements
- Tangible fixed assets -€6,917
down €6,917 (-26.5%), from €26,075 to €19,157
of which Furniture and vehicles: -€6,587
- Receivables within one year +€5,899
up €5,899 (+61.8%), from €9,551 to €15,450
of which Trade receivables: +€5,899
- Deferred charges and accrued income -€871
down €871 (-55.1%), from €1,581 to €710
- Debts after one year -€27,000
down €27,000 (-100.0%), from €27,000 to €0
- Reserves +€20,987
up €20,987 (+498.3%), from €4,212 to €25,198
- Tax, wage and social debts +€3,696
up €3,696 (+227.2%), from €1,627 to €5,323
- Trade debts -€1,977
down €1,977 (-69.3%), from €2,851 to €874
- Other debts +€1,497
up €1,497 (+29.1%), from €5,139 to €6,637
- Gross operating margin +€19,281
up €19,281 (+110.0%), from €17,534 to €36,815
- Taxes +€6,214
up €6,214 (+341.2%), from €1,821 to €8,035
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 | €48,829 | €46,182 | -€2,647 | -5.4% |
| Fixed assets | 21/28 | €26,075 | €19,157 | -€6,917 | -26.5% |
| Tangible fixed assets | 22/27 | €26,075 | €19,157 | -€6,917 | -26.5% |
| Plant, machinery and equipment | 23 | €1,447 | €1,116 | -€331 | -22.8% |
| Furniture and vehicles | 24 | €24,628 | €18,041 | -€6,587 | -26.7% |
| Current assets | 29/58 | €22,754 | €27,025 | +€4,271 | +18.8% |
| Stocks and contracts in progress | 3 | €803 | €410 | -€392 | -48.9% |
| Stocks | 30/36 | €803 | €410 | -€392 | -48.9% |
| Amounts receivable within one year | 40/41 | €9,551 | €15,450 | +€5,899 | +61.8% |
| Trade receivables | 40 | €8,973 | €14,872 | +€5,899 | +65.7% |
| Other amounts receivable | 41 | €579 | €579 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,819 | €10,454 | -€365 | -3.4% |
| Deferred charges and accrued income | 490/1 | €1,581 | €710 | -€871 | -55.1% |
| Total equity and liabilities | 10/49 | €48,829 | €46,182 | -€2,647 | -5.4% |
| Equity | 10/15 | €12,212 | €33,198 | +€20,987 | +171.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €4,212 | €25,198 | +€20,987 | +498.3% |
| Distributable reserves | 133 | €4,212 | €25,198 | +€20,987 | +498.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €36,617 | €12,983 | -€23,634 | -64.5% |
| Amounts payable after more than one year | 17 | €27,000 | €0 | -€27,000 | -100.0% |
| Financial debts | 170/4 | €27,000 | €0 | -€27,000 | -100.0% |
| Amounts payable within one year | 42/48 | €9,617 | €12,833 | +€3,216 | +33.4% |
| Trade debts | 44 | €2,851 | €874 | -€1,977 | -69.3% |
| Suppliers | 440/4 | €2,851 | €874 | -€1,977 | -69.3% |
| Taxes, remuneration and social security | 45 | €1,627 | €5,323 | +€3,696 | +227.2% |
| Taxes | 450/3 | €1,627 | €5,323 | +€3,696 | +227.2% |
| Other amounts payable | 47/48 | €5,139 | €6,637 | +€1,497 | +29.1% |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,793 | €6,917 | +€125 | +1.8% |
| Other operating charges | 640/8 | €798 | €838 | +€39 | +4.9% |
| Gross operating margin | 9900 | €17,534 | €36,815 | +€19,281 | +110.0% |
| Operating profit (loss) | 9901 | €9,943 | €29,060 | +€19,117 | +192.3% |
| Financial income | 75/76B | €0 | €14 | +€14 | +139100.0% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +139100.0% |
| Financial charges | 65/66B | €41 | €53 | +€11 | +27.8% |
| Recurring financial charges | 65 | €41 | €53 | +€11 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €9,902 | €29,022 | +€19,120 | +193.1% |
| Income taxes | 67/77 | €1,821 | €8,035 | +€6,214 | +341.2% |
| Profit (loss) for the period | 9904 | €8,081 | €20,987 | +€12,906 | +159.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,081 | €20,987 | +€12,906 | +159.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.