LEVEL FOODS: 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 FOODS
Largest movements
- Receivables within one year +€6,836
new in 2023: €6,836
of which Trade receivables: +€6,194
- Cash -€452
down €452 (-53.7%), from €841 to €389
mainly Net result for the year (-€19,230) and Receivables within one year (-€6,836)
- Other debts +€19,674
up €19,674 (+41.0%), from €47,986 to €67,660
- Profit (loss) carried forward -€19,230
down €19,230 (-34.3%), from -€56,110 to -€75,340
- Advances received +€7,494
new in 2023: €7,494
- Tax, wage and social debts -€825
no longer reported in 2023 (was €825)
- Trade debts -€728
down €728 (-11.9%), from €6,139 to €5,411
- Purchases and services -€23,244
no longer reported in 2023 (was €23,244)
- Other operating charges -€7,865
no longer reported in 2023 (was €7,865)
- Gross operating margin -€1,397
down €1,397 (-7.9%), from -€17,669 to -€19,065
- Financial charges -€307
down €307 (-65.1%), from €472 to €165
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €841 | €7,225 | +€6,384 | +760% |
| Current assets | 29/58 | €841 | €7,225 | +€6,384 | +760% |
| Amounts receivable within one year | 40/41 | - | €6,836 | +€6,836 | |
| Trade receivables | 40 | - | €6,194 | +€6,194 | |
| Other amounts receivable | 41 | - | €643 | +€643 | |
| Cash at bank and in hand | 54/58 | €841 | €389 | -€452 | -53.7% |
| Total equity and liabilities | 10/49 | €841 | €7,225 | +€6,384 | +760% |
| Equity | 10/15 | -€54,110 | -€73,340 | -€19,230 | -35.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,110 | -€75,340 | -€19,230 | -34.3% |
| Amounts payable | 17/49 | €54,950 | €80,565 | +€25,615 | +46.6% |
| Amounts payable within one year | 42/48 | €54,950 | €80,565 | +€25,615 | +46.6% |
| Trade debts | 44 | €6,139 | €5,411 | -€728 | -11.9% |
| Suppliers | 440/4 | €6,139 | €5,411 | -€728 | -11.9% |
| Advances received on contracts in progress | 46 | - | €7,494 | +€7,494 | |
| Taxes, remuneration and social security | 45 | €825 | - | -€825 | |
| Taxes | 450/3 | €825 | - | -€825 | |
| Other amounts payable | 47/48 | €47,986 | €67,660 | +€19,674 | +41.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €23,244 | - | -€23,244 | |
| Other operating charges | 640/8 | €7,865 | - | -€7,865 | |
| Gross operating margin | 9900 | -€17,669 | -€19,065 | -€1,397 | -7.9% |
| Operating profit (loss) | 9901 | -€25,534 | -€19,065 | +€6,469 | +25.3% |
| Financial charges | 65/66B | €472 | €165 | -€307 | -65.1% |
| Recurring financial charges | 65 | €472 | €165 | -€307 | -65.1% |
| Profit (loss) for the period before taxes | 9903 | -€26,006 | -€19,230 | +€6,776 | +26.1% |
| Profit (loss) for the period | 9904 | -€26,006 | -€19,230 | +€6,776 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,006 | -€19,230 | +€6,776 | +26.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.