LEVATE: 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.
LEVATE
Largest movements
- Receivables within one year +€16,163
up €16,163 (+35.4%), from €45,668 to €61,831
of which Other amounts receivable: +€24,151
- Tangible fixed assets -€2,224
down €2,224 (-14.4%), from €15,471 to €13,248
of which Furniture and vehicles: -€1,279
- Cash -€1,732
down €1,732 (-20.5%), from €8,428 to €6,696
mainly Contributions, distributions and other (-€38,000) and Receivables within one year (-€16,163)
- Tax, wage and social debts +€22,246
up €22,246 (+155.1%), from €14,341 to €36,587
- Profit (loss) carried forward -€10,796
down €10,796 (-21.1%), from €51,099 to €40,303
- Gross operating margin +€1,572
up €1,572 (+4.4%), from €35,812 to €37,384
- Financial income +€1,390
up €1,390 (+114.6%), from €1,214 to €2,604
- Taxes +€497
up €497 (+6.7%), from €7,425 to €7,922
- Financial charges +€473
up €473 (+30.3%), from €1,559 to €2,032
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 | €69,568 | €81,775 | +€12,207 | +17.5% |
| Fixed assets | 21/28 | €15,471 | €13,248 | -€2,224 | -14.4% |
| Tangible fixed assets | 22/27 | €15,471 | €13,248 | -€2,224 | -14.4% |
| Plant, machinery and equipment | 23 | €3,482 | €2,537 | -€944 | -27.1% |
| Furniture and vehicles | 24 | €11,989 | €10,710 | -€1,279 | -10.7% |
| Current assets | 29/58 | €54,097 | €68,527 | +€14,431 | +26.7% |
| Amounts receivable within one year | 40/41 | €45,668 | €61,831 | +€16,163 | +35.4% |
| Trade receivables | 40 | €7,989 | - | -€7,989 | |
| Other amounts receivable | 41 | €37,680 | €61,831 | +€24,151 | +64.1% |
| Cash at bank and in hand | 54/58 | €8,428 | €6,696 | -€1,732 | -20.5% |
| Total equity and liabilities | 10/49 | €69,568 | €81,775 | +€12,207 | +17.5% |
| Equity | 10/15 | €54,099 | €43,303 | -€10,796 | -20.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,099 | €40,303 | -€10,796 | -21.1% |
| Amounts payable | 17/49 | €15,468 | €38,471 | +€23,003 | +148.7% |
| Amounts payable within one year | 42/48 | €15,468 | €38,471 | +€23,003 | +148.7% |
| Trade debts | 44 | €1,127 | €1,885 | +€757 | +67.2% |
| Suppliers | 440/4 | €1,127 | €1,885 | +€757 | +67.2% |
| Taxes, remuneration and social security | 45 | €14,341 | €36,587 | +€22,246 | +155.1% |
| Taxes | 450/3 | €14,341 | €36,587 | +€22,246 | +155.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,224 | €2,224 | = | 0.0% |
| Other operating charges | 640/8 | €407 | €606 | +€199 | +48.9% |
| Gross operating margin | 9900 | €35,812 | €37,384 | +€1,572 | +4.4% |
| Operating profit (loss) | 9901 | €33,182 | €34,554 | +€1,373 | +4.1% |
| Financial income | 75/76B | €1,214 | €2,604 | +€1,390 | +114.6% |
| Recurring financial income | 75 | €1,214 | €2,604 | +€1,390 | +114.6% |
| Financial charges | 65/66B | €1,559 | €2,032 | +€473 | +30.3% |
| Recurring financial charges | 65 | €1,559 | €2,032 | +€473 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | €32,836 | €35,126 | +€2,290 | +7.0% |
| Income taxes | 67/77 | €7,425 | €7,922 | +€497 | +6.7% |
| Profit (loss) for the period | 9904 | €25,411 | €27,204 | +€1,793 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,411 | €27,204 | +€1,793 | +7.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.