LEVEL CONSULTING: 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.
LEVEL CONSULTING
Largest movements
- Receivables within one year -€10,943
down €10,943 (-6.1%), from €178,616 to €167,673
of which Trade receivables: -€15,459
- Cash -€6,869
down €6,869 (-79.2%), from €8,669 to €1,800
mainly Net result for the year (-€93,277) and Tax, wage and social debts (-€64,043)
- Tangible fixed assets +€6,732
new in 2025: €6,732
- Trade debts +€146,240
up €146,240 (+621.7%), from €23,524 to €169,764
- Profit (loss) carried forward -€93,277
down €93,277 (-98.6%), from €94,591 to €1,314
- Tax, wage and social debts -€64,043
down €64,043 (-91.8%), from €69,745 to €5,702
of which Taxes: -€52,630
- Gross operating margin -€285,281
down €285,281 (-96.5%), from €295,760 to €10,479
- Staff costs -€92,293
down €92,293 (-57.1%), from €161,549 to €69,256
- Other operating charges +€3,683
up €3,683 (+105.3%), from €3,499 to €7,182
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 | €206,460 | €195,380 | -€11,080 | -5.4% |
| Fixed assets | 21/28 | €19,175 | €25,907 | +€6,732 | +35.1% |
| Tangible fixed assets | 22/27 | - | €6,732 | +€6,732 | |
| Furniture and vehicles | 24 | - | €6,732 | +€6,732 | |
| Financial fixed assets | 28 | €19,175 | €19,175 | = | 0.0% |
| Current assets | 29/58 | €187,285 | €169,473 | -€17,812 | -9.5% |
| Amounts receivable within one year | 40/41 | €178,616 | €167,673 | -€10,943 | -6.1% |
| Trade receivables | 40 | €174,596 | €159,137 | -€15,459 | -8.9% |
| Other amounts receivable | 41 | €4,020 | €8,536 | +€4,516 | +112.3% |
| Cash at bank and in hand | 54/58 | €8,669 | €1,800 | -€6,869 | -79.2% |
| Total equity and liabilities | 10/49 | €206,460 | €195,380 | -€11,080 | -5.4% |
| Equity | 10/15 | €113,191 | €19,914 | -€93,277 | -82.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,591 | €1,314 | -€93,277 | -98.6% |
| Amounts payable | 17/49 | €93,269 | €175,466 | +€82,197 | +88.1% |
| Amounts payable within one year | 42/48 | €93,269 | €175,466 | +€82,197 | +88.1% |
| Trade debts | 44 | €23,524 | €169,764 | +€146,240 | +621.7% |
| Suppliers | 440/4 | €23,524 | €169,764 | +€146,240 | +621.7% |
| Taxes, remuneration and social security | 45 | €69,745 | €5,702 | -€64,043 | -91.8% |
| Taxes | 450/3 | €52,630 | - | -€52,630 | |
| Remuneration and social security | 454/9 | €17,115 | €5,702 | -€11,413 | -66.7% |
| Remuneration, social security and pensions | 62 | €161,549 | €69,256 | -€92,293 | -57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,268 | +€2,268 | |
| Other operating charges | 640/8 | €3,499 | €7,182 | +€3,683 | +105.3% |
| Non-recurring operating charges | 66A | - | €25,000 | +€25,000 | |
| Gross operating margin | 9900 | €295,760 | €10,479 | -€285,281 | -96.5% |
| Operating profit (loss) | 9901 | €130,712 | -€93,227 | -€223,939 | |
| Financial charges | 65/66B | €481 | €50 | -€431 | -89.6% |
| Recurring financial charges | 65 | €481 | €50 | -€431 | -89.6% |
| Profit (loss) for the period before taxes | 9903 | €130,231 | -€93,277 | -€223,508 | |
| Income taxes | 67/77 | €1,184 | - | -€1,184 | |
| Profit (loss) for the period | 9904 | €129,047 | -€93,277 | -€222,324 | |
| Profit (loss) for the period to be appropriated | 9905 | €129,047 | -€93,277 | -€222,324 |
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 11 October 2026 via checked.be.