LEVEL ZERO VENTURES: 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 ZERO VENTURES
Largest movements
- Receivables after one year +€64,234
up €64,234 (+54.1%), from €118,782 to €183,016
- Current investments +€39,805
up €39,805 (+114.6%), from €34,742 to €74,547
- Cash -€31,044
down €31,044 (-56.6%), from €54,874 to €23,830
mainly Receivables after one year (-€64,234) and Current investments (-€39,805)
- Receivables within one year +€16,779
up €16,779 (+116.4%), from €14,419 to €31,198
- Reserves +€87,952
up €87,952 (+52.5%), from €167,382 to €255,334
- Tax, wage and social debts +€3,695
up €3,695 (+7.2%), from €51,216 to €54,911
- Gross operating margin -€5,202
down €5,202 (-4.7%), from €109,721 to €104,519
- Financial income +€4,103
up €4,103 (+80.1%), from €5,124 to €9,227
of which Financial income: +€3,304
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 | €223,408 | €316,093 | +€92,685 | +41.5% |
| Fixed assets | 21/28 | - | €2,817 | +€2,817 | |
| Tangible fixed assets | 22/27 | - | €2,817 | +€2,817 | |
| Furniture and vehicles | 24 | - | €2,817 | +€2,817 | |
| Current assets | 29/58 | €223,408 | €313,276 | +€89,868 | +40.2% |
| Amounts receivable after more than one year | 29 | €118,782 | €183,016 | +€64,234 | +54.1% |
| Other amounts receivable | 291 | €118,782 | €183,016 | +€64,234 | +54.1% |
| Amounts receivable within one year | 40/41 | €14,419 | €31,198 | +€16,779 | +116.4% |
| Trade receivables | 40 | €14,419 | €31,198 | +€16,779 | +116.4% |
| Current investments | 50/53 | €34,742 | €74,547 | +€39,805 | +114.6% |
| Cash at bank and in hand | 54/58 | €54,874 | €23,830 | -€31,044 | -56.6% |
| Deferred charges and accrued income | 490/1 | €592 | €684 | +€93 | +15.7% |
| Total equity and liabilities | 10/49 | €223,408 | €316,093 | +€92,685 | +41.5% |
| Equity | 10/15 | €171,382 | €259,334 | +€87,952 | +51.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €167,382 | €255,334 | +€87,952 | +52.5% |
| Distributable reserves | 133 | €167,382 | €255,334 | +€87,952 | +52.5% |
| Amounts payable | 17/49 | €52,026 | €56,760 | +€4,734 | +9.1% |
| Amounts payable within one year | 42/48 | €52,026 | €56,760 | +€4,734 | +9.1% |
| Trade debts | 44 | €810 | €1,849 | +€1,039 | +128.3% |
| Suppliers | 440/4 | €810 | €1,849 | +€1,039 | +128.3% |
| Taxes, remuneration and social security | 45 | €51,216 | €54,911 | +€3,695 | +7.2% |
| Taxes | 450/3 | €51,216 | €54,911 | +€3,695 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €983 | +€983 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €109,721 | €104,519 | -€5,202 | -4.7% |
| Operating profit (loss) | 9901 | €109,603 | €103,416 | -€6,186 | -5.6% |
| Financial income | 75/76B | €5,124 | €9,227 | +€4,103 | +80.1% |
| Recurring financial income | 75 | €5,124 | €8,428 | +€3,304 | +64.5% |
| Non-recurring financial income | 76B | - | €799 | +€799 | |
| Financial charges | 65/66B | €175 | €1,187 | +€1,012 | +578.7% |
| Recurring financial charges | 65 | €175 | €379 | +€204 | +116.9% |
| Non-recurring financial charges | 66B | - | €808 | +€808 | |
| Profit (loss) for the period before taxes | 9903 | €114,552 | €111,456 | -€3,096 | -2.7% |
| Income taxes | 67/77 | €24,235 | €23,504 | -€731 | -3.0% |
| Profit (loss) for the period | 9904 | €90,317 | €87,952 | -€2,365 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €90,317 | €87,952 | -€2,365 | -2.6% |
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 29 September 2026 via checked.be.