LEVEL UP SCHAFF: what changed
Two fiscal 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 SCHAFF
Largest movements
- Receivables within one year -€8,559
down €8,559 (-99.1%), from €8,639 to €79
of which Trade receivables: -€8,639
- Cash +€2,394
up €2,394 (+45.4%), from €5,271 to €7,665
mainly Net result for the year (+€16,707) and Receivables within one year (+€8,559)
- Tangible fixed assets -€1,728
down €1,728 (-4.7%), from €36,756 to €35,028
- Other debts -€18,872
down €18,872 (-56.5%), from €33,385 to €14,513
- Profit (loss) carried forward +€16,707
up €16,707 (+343.7%), from €4,862 to €21,568
- Tax, wage and social debts -€2,862
down €2,862 (-36.3%), from €7,891 to €5,030
- Trade debts -€2,489
down €2,489 (-98.4%), from €2,528 to €40
- Gross operating margin -€23,196
down €23,196 (-37.3%), from €62,110 to €38,914
- Depreciation -€6,045
down €6,045 (-43.3%), from €13,945 to €7,900
- Other operating charges +€3,803
up €3,803 (+69.2%), from €5,499 to €9,301
- Taxes +€2,625
up €2,625 (+112.2%), from €2,340 to €4,965
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 | €50,666 | €43,150 | -€7,515 | -14.8% |
| Fixed assets | 21/28 | €36,756 | €35,028 | -€1,728 | -4.7% |
| Tangible fixed assets | 22/27 | €36,756 | €35,028 | -€1,728 | -4.7% |
| Furniture and vehicles | 24 | €36,756 | €35,028 | -€1,728 | -4.7% |
| Current assets | 29/58 | €13,910 | €8,123 | -€5,787 | -41.6% |
| Amounts receivable within one year | 40/41 | €8,639 | €79 | -€8,559 | -99.1% |
| Trade receivables | 40 | €8,639 | - | -€8,639 | |
| Other amounts receivable | 41 | - | €79 | +€79 | |
| Cash at bank and in hand | 54/58 | €5,271 | €7,665 | +€2,394 | +45.4% |
| Deferred charges and accrued income | 490/1 | - | €378 | +€378 | |
| Total equity and liabilities | 10/49 | €50,666 | €43,150 | -€7,515 | -14.8% |
| Equity | 10/15 | €6,862 | €23,568 | +€16,707 | +243.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,862 | €21,568 | +€16,707 | +343.7% |
| Amounts payable | 17/49 | €43,804 | €19,582 | -€24,222 | -55.3% |
| Amounts payable within one year | 42/48 | €43,804 | €19,582 | -€24,222 | -55.3% |
| Trade debts | 44 | €2,528 | €40 | -€2,489 | -98.4% |
| Suppliers | 440/4 | €2,528 | €40 | -€2,489 | -98.4% |
| Taxes, remuneration and social security | 45 | €7,891 | €5,030 | -€2,862 | -36.3% |
| Taxes | 450/3 | €7,891 | €5,030 | -€2,862 | -36.3% |
| Other amounts payable | 47/48 | €33,385 | €14,513 | -€18,872 | -56.5% |
| Non-recurring operating income | 76A | €12,365 | €27,663 | +€15,297 | +123.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,945 | €7,900 | -€6,045 | -43.3% |
| Other operating charges | 640/8 | €5,499 | €9,301 | +€3,803 | +69.2% |
| Gross operating margin | 9900 | €62,110 | €38,914 | -€23,196 | -37.3% |
| Operating profit (loss) | 9901 | €42,667 | €21,712 | -€20,954 | -49.1% |
| Financial income | 75/76B | €1 | €10 | +€9 | +1665.5% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +1665.5% |
| Financial charges | 65/66B | €113 | €50 | -€62 | -55.3% |
| Recurring financial charges | 65 | €113 | €50 | -€62 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €42,554 | €21,672 | -€20,883 | -49.1% |
| Income taxes | 67/77 | €2,340 | €4,965 | +€2,625 | +112.2% |
| Profit (loss) for the period | 9904 | €40,215 | €16,707 | -€23,508 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,215 | €16,707 | -€23,508 | -58.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.