LEVCO: 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.
LEVCO
Largest movements
- Current assets +€78,293
up €78,293 (+16.2%), from €482,106 to €560,399
of which Receivables within one year: +€50,207
- Reserves +€23,306
up €23,306 (+1,253%), from €1,860 to €25,166
- Profit (loss) carried forward +€23,306
up €23,306 (+51.4%), from €45,375 to €68,681
- Debts +€21,645
up €21,645 (+4.9%), from €444,861 to €466,506
of which Debts within one year: +€15,095
- Gross operating margin +€42,792
up €42,792 (+242%), from €17,689 to €60,481
From the 2015 result to the 2016 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €498,296 | €571,553 | +€73,257 | +14.7% |
| Fixed assets | 21/28 | €16,190 | €11,154 | -€5,036 | -31.1% |
| Tangible fixed assets | 22/27 | €16,190 | €11,154 | -€5,036 | -31.1% |
| Current assets | 29/58 | €482,106 | €560,399 | +€78,293 | +16.2% |
| Amounts receivable within one year | 40/41 | €468,967 | €519,174 | +€50,207 | +10.7% |
| Cash at bank and in hand | 54/58 | €9,861 | €37,735 | +€27,875 | +283% |
| Total equity and liabilities | 10/49 | €498,296 | €571,553 | +€73,257 | +14.7% |
| Equity | 10/15 | €53,435 | €100,046 | +€46,611 | +87.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €25,166 | +€23,306 | +1,253% |
| Profit (loss) carried forward | 14 | €45,375 | €68,681 | +€23,306 | +51.4% |
| Provisions and deferred taxes | 16 | - | €5,000 | +€5,000 | |
| Amounts payable | 17/49 | €444,861 | €466,506 | +€21,645 | +4.9% |
| Amounts payable after more than one year | 17 | €12,750 | €12,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €432,111 | €447,206 | +€15,095 | +3.5% |
| Trade debts | 44 | €405,029 | €416,062 | +€11,033 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,195 | €6,484 | +€290 | +4.7% |
| Gross operating margin | 9900 | €17,689 | €60,481 | +€42,792 | +242% |
| Operating profit (loss) | 9901 | €9,079 | €47,042 | +€37,963 | +418% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +697% |
| Recurring financial charges | 65 | €412 | €433 | +€21 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €8,668 | €46,612 | +€37,944 | +438% |
| Income taxes | 67/77 | €400 | €1 | -€399 | -99.8% |
| Profit (loss) for the period | 9904 | €8,268 | €46,611 | +€38,343 | +464% |
| Profit (loss) for the period to be appropriated | 9905 | €8,268 | €23,306 | +€15,038 | +182% |
Source: filed annual accounts (NBB), financial years ended 31 December 2015 and 31 December 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.