LEVEL TRADE: 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 TRADE
Largest movements
- Tangible fixed assets -€85,116
down €85,116 (-28.9%), from €294,745 to €209,629
of which Furniture and vehicles: -€73,965
- Cash +€76,899
up €76,899 (+266%), from €28,869 to €105,768
mainly Depreciation (+€85,045) and Net result for the year (+€27,847)
- Receivables within one year +€16,781
new in 2025: €16,781
of which Other amounts receivable: +€10,731
- Reserves +€27,847
up €27,847 (+63.3%), from €43,963 to €71,810
- Tax, wage and social debts -€17,284
down €17,284 (-84.2%), from €20,517 to €3,233
of which Taxes: -€17,410
- Other debts -€8,299
down €8,299 (-3.3%), from €253,854 to €245,555
- Accrued charges and deferred income +€5,000
new in 2025: €5,000
- Depreciation +€32,565
up €32,565 (+62.1%), from €52,481 to €85,045
- Gross operating margin -€6,412
down €6,412 (-4.8%), from €133,694 to €127,282
- Taxes -€4,788
down €4,788 (-28.7%), from €16,698 to €11,910
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 | €325,212 | €332,177 | +€6,965 | +2.1% |
| Fixed assets | 21/28 | €294,745 | €209,629 | -€85,116 | -28.9% |
| Tangible fixed assets | 22/27 | €294,745 | €209,629 | -€85,116 | -28.9% |
| Plant, machinery and equipment | 23 | €39,727 | €28,576 | -€11,151 | -28.1% |
| Furniture and vehicles | 24 | €255,018 | €181,053 | -€73,965 | -29.0% |
| Current assets | 29/58 | €30,467 | €122,548 | +€92,081 | +302% |
| Amounts receivable within one year | 40/41 | - | €16,781 | +€16,781 | |
| Trade receivables | 40 | - | €6,050 | +€6,050 | |
| Other amounts receivable | 41 | - | €10,731 | +€10,731 | |
| Cash at bank and in hand | 54/58 | €28,869 | €105,768 | +€76,899 | +266% |
| Deferred charges and accrued income | 490/1 | €1,598 | €0 | -€1,598 | -100% |
| Total equity and liabilities | 10/49 | €325,212 | €332,177 | +€6,965 | +2.1% |
| Equity | 10/15 | €48,963 | €76,810 | +€27,847 | +56.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €43,963 | €71,810 | +€27,847 | +63.3% |
| Distributable reserves | 133 | €43,963 | €71,810 | +€27,847 | +63.3% |
| Amounts payable | 17/49 | €276,250 | €255,368 | -€20,882 | -7.6% |
| Amounts payable within one year | 42/48 | €276,250 | €250,368 | -€25,882 | -9.4% |
| Trade debts | 44 | €1,879 | €1,579 | -€299 | -15.9% |
| Suppliers | 440/4 | €1,879 | €1,579 | -€299 | -15.9% |
| Taxes, remuneration and social security | 45 | €20,517 | €3,233 | -€17,284 | -84.2% |
| Taxes | 450/3 | €19,015 | €1,605 | -€17,410 | -91.6% |
| Remuneration and social security | 454/9 | €1,502 | €1,628 | +€127 | +8.4% |
| Other amounts payable | 47/48 | €253,854 | €245,555 | -€8,299 | -3.3% |
| Accrued charges and deferred income | 492/3 | - | €5,000 | +€5,000 | |
| Non-recurring operating income | 76A | €31,550 | €0 | -€31,550 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,481 | €85,045 | +€32,565 | +62.1% |
| Other operating charges | 640/8 | €932 | €787 | -€145 | -15.5% |
| Non-recurring operating charges | 66A | €19,200 | €321 | -€18,879 | -98.3% |
| Gross operating margin | 9900 | €133,694 | €127,282 | -€6,412 | -4.8% |
| Operating profit (loss) | 9901 | €61,082 | €41,129 | -€19,953 | -32.7% |
| Financial income | 75/76B | €9 | €147 | +€137 | +1,457% |
| Recurring financial income | 75 | €9 | €147 | +€137 | +1,457% |
| Financial charges | 65/66B | €430 | €1,519 | +€1,088 | +253% |
| Recurring financial charges | 65 | €430 | €1,519 | +€1,088 | +253% |
| Profit (loss) for the period before taxes | 9903 | €60,661 | €39,757 | -€20,904 | -34.5% |
| Income taxes | 67/77 | €16,698 | €11,910 | -€4,788 | -28.7% |
| Profit (loss) for the period | 9904 | €43,963 | €27,847 | -€16,115 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,963 | €27,847 | -€16,115 | -36.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.