Level Up Management: 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 Up Management
Largest movements
- Deferred charges and accrued income -€1,151
down €1,151 (-49.2%), from €2,336 to €1,186
- Tangible fixed assets -€787
down €787 (-39.5%), from €1,990 to €1,203
of which Furniture and vehicles: -€787
- Receivables within one year -€93
down €93 (-3.2%), from €2,914 to €2,821
of which Other amounts receivable: -€93
- Profit (loss) carried forward -€31,783
down €31,783 (-79.1%), from -€40,191 to -€71,974
- Other debts +€30,231
up €30,231 (+88.8%), from €34,054 to €64,286
- Trade debts -€702
down €702 (-67.1%), from €1,046 to €344
- Tax, wage and social debts +€273
up €273 (+96.0%), from €285 to €558
- Gross operating margin -€4,337
down €4,337 (-17.7%), from -€24,478 to -€28,814
- Other operating charges -€1,115
down €1,115 (-48.5%), from €2,297 to €1,182
- Financial charges -€794
down €794 (-52.2%), from €1,521 to €726
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 | €7,240 | €5,245 | -€1,996 | -27.6% |
| Fixed assets | 21/28 | €1,990 | €1,203 | -€787 | -39.5% |
| Tangible fixed assets | 22/27 | €1,990 | €1,203 | -€787 | -39.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,990 | €1,203 | -€787 | -39.5% |
| Current assets | 29/58 | €5,250 | €4,042 | -€1,209 | -23.0% |
| Amounts receivable within one year | 40/41 | €2,914 | €2,821 | -€93 | -3.2% |
| Trade receivables | 40 | €2,400 | €2,400 | = | 0.0% |
| Other amounts receivable | 41 | €514 | €421 | -€93 | -18.0% |
| Cash at bank and in hand | 54/58 | €0 | €35 | +€34 | +9,519% |
| Deferred charges and accrued income | 490/1 | €2,336 | €1,186 | -€1,151 | -49.2% |
| Total equity and liabilities | 10/49 | €7,240 | €5,245 | -€1,996 | -27.6% |
| Equity | 10/15 | -€28,191 | -€59,974 | -€31,783 | -113% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,191 | -€71,974 | -€31,783 | -79.1% |
| Amounts payable | 17/49 | €35,432 | €65,219 | +€29,787 | +84.1% |
| Amounts payable within one year | 42/48 | €35,432 | €65,219 | +€29,787 | +84.1% |
| Financial debts | 43 | €47 | €32 | -€15 | -31.6% |
| Credit institutions | 430/8 | €47 | €32 | -€15 | -31.6% |
| Trade debts | 44 | €1,046 | €344 | -€702 | -67.1% |
| Suppliers | 440/4 | €1,046 | €344 | -€702 | -67.1% |
| Taxes, remuneration and social security | 45 | €285 | €558 | +€273 | +96.0% |
| Taxes | 450/3 | €285 | €558 | +€273 | +96.0% |
| Other amounts payable | 47/48 | €34,054 | €64,286 | +€30,231 | +88.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €509 | €787 | +€277 | +54.5% |
| Other operating charges | 640/8 | €2,297 | €1,182 | -€1,115 | -48.5% |
| Gross operating margin | 9900 | -€24,478 | -€28,814 | -€4,337 | -17.7% |
| Operating profit (loss) | 9901 | -€27,285 | -€30,783 | -€3,499 | -12.8% |
| Financial income | 75/76B | €264 | €0 | -€264 | -100% |
| Recurring financial income | 75 | €264 | €0 | -€264 | -100% |
| Financial charges | 65/66B | €1,521 | €726 | -€794 | -52.2% |
| Recurring financial charges | 65 | €1,521 | €726 | -€794 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | -€28,542 | -€31,510 | -€2,968 | -10.4% |
| Income taxes | 67/77 | €179 | €273 | +€94 | +52.8% |
| Profit (loss) for the period | 9904 | -€28,720 | -€31,783 | -€3,062 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,720 | -€31,783 | -€3,062 | -10.7% |
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 27 October 2026 via checked.be.