Levare: 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.
Levare
Largest movements
- Tangible fixed assets -€62,733
down €62,733 (-19.5%), from €322,127 to €259,394
- Receivables within one year +€25,131
up €25,131 (+124%), from €20,313 to €45,444
of which Trade receivables: +€25,069
- Debts after one year -€52,130
down €52,130 (-22.4%), from €233,120 to €180,990
- Profit (loss) carried forward +€9,409
up €9,409 (+78.9%), from -€11,923 to -€2,513
- Current portion of long-term debt +€5,874
up €5,874 (+11.6%), from €50,498 to €56,372
- Financial charges -€8,555
down €8,555 (-41.6%), from €20,575 to €12,021
- Gross operating margin -€5,333
down €5,333 (-5.9%), from €90,433 to €85,100
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 | €343,572 | €307,573 | -€35,999 | -10.5% |
| Fixed assets | 21/28 | €322,262 | €259,529 | -€62,733 | -19.5% |
| Tangible fixed assets | 22/27 | €322,127 | €259,394 | -€62,733 | -19.5% |
| Furniture and vehicles | 24 | €322,127 | €259,394 | -€62,733 | -19.5% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €21,309 | €48,044 | +€26,734 | +125% |
| Amounts receivable within one year | 40/41 | €20,313 | €45,444 | +€25,131 | +124% |
| Trade receivables | 40 | €19,101 | €44,170 | +€25,069 | +131% |
| Other amounts receivable | 41 | €1,212 | €1,274 | +€62 | +5.1% |
| Cash at bank and in hand | 54/58 | - | €2,136 | +€2,136 | |
| Deferred charges and accrued income | 490/1 | €996 | €463 | -€533 | -53.5% |
| Total equity and liabilities | 10/49 | €343,572 | €307,573 | -€35,999 | -10.5% |
| Equity | 10/15 | -€6,923 | €2,487 | +€9,409 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,923 | -€2,513 | +€9,409 | +78.9% |
| Amounts payable | 17/49 | €350,495 | €305,086 | -€45,408 | -13.0% |
| Amounts payable after more than one year | 17 | €233,120 | €180,990 | -€52,130 | -22.4% |
| Financial debts | 170/4 | €233,120 | €180,990 | -€52,130 | -22.4% |
| Amounts payable within one year | 42/48 | €117,375 | €123,228 | +€5,854 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €50,498 | €56,372 | +€5,874 | +11.6% |
| Trade debts | 44 | €1,631 | €2,434 | +€803 | +49.3% |
| Suppliers | 440/4 | €1,631 | €2,434 | +€803 | +49.3% |
| Other amounts payable | 47/48 | €65,246 | €64,423 | -€824 | -1.3% |
| Accrued charges and deferred income | 492/3 | €0 | €868 | +€868 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,733 | €62,733 | = | 0.0% |
| Other operating charges | 640/8 | €777 | €937 | +€160 | +20.6% |
| Gross operating margin | 9900 | €90,433 | €85,100 | -€5,333 | -5.9% |
| Operating profit (loss) | 9901 | €26,923 | €21,430 | -€5,493 | -20.4% |
| Financial charges | 65/66B | €20,575 | €12,021 | -€8,555 | -41.6% |
| Recurring financial charges | 65 | €20,575 | €12,021 | -€8,555 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €6,348 | €9,409 | +€3,062 | +48.2% |
| Profit (loss) for the period | 9904 | €6,348 | €9,409 | +€3,062 | +48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,348 | €9,409 | +€3,062 | +48.2% |
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 15 October 2026 via checked.be.