LEVEL5CONSULT: 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.
LEVEL5CONSULT
Largest movements
- Cash +€97,710
up €97,710 (+3893.5%), from €2,510 to €100,219
mainly Net result for the year (+€69,583) and Depreciation (+€22,307)
- Tangible fixed assets -€17,593
down €17,593 (-24.5%), from €71,847 to €54,253
of which Furniture and vehicles: -€13,654
- Receivables within one year -€7,521
no longer reported in 2025 (was €7,521)
of which Other amounts receivable: -€6,337
- Reserves +€69,583
up €69,583 (+175.8%), from €39,574 to €109,157
- Tax, wage and social debts +€15,451
up €15,451 (+51.2%), from €30,188 to €45,639
- Other debts -€14,359
down €14,359 (-85.2%), from €16,851 to €2,492
- Trade debts +€1,919
up €1,919 (+50.9%), from €3,770 to €5,689
- Gross operating margin +€74,434
up €74,434 (+185.8%), from €40,058 to €114,491
- Taxes +€18,696
up €18,696 (+864.4%), from €2,163 to €20,858
- Depreciation -€5,016
down €5,016 (-18.4%), from €27,323 to €22,307
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 | €93,382 | €165,978 | +€72,595 | +77.7% |
| Fixed assets | 21/28 | €83,047 | €65,453 | -€17,593 | -21.2% |
| Tangible fixed assets | 22/27 | €71,847 | €54,253 | -€17,593 | -24.5% |
| Plant, machinery and equipment | 23 | €4,749 | €3,043 | -€1,706 | -35.9% |
| Furniture and vehicles | 24 | €61,142 | €47,487 | -€13,654 | -22.3% |
| Other tangible fixed assets | 26 | €5,956 | €3,723 | -€2,233 | -37.5% |
| Financial fixed assets | 28 | €11,200 | €11,200 | = | 0.0% |
| Current assets | 29/58 | €10,336 | €100,524 | +€90,189 | +872.6% |
| Amounts receivable within one year | 40/41 | €7,521 | - | -€7,521 | |
| Trade receivables | 40 | €1,184 | - | -€1,184 | |
| Other amounts receivable | 41 | €6,337 | - | -€6,337 | |
| Cash at bank and in hand | 54/58 | €2,510 | €100,219 | +€97,710 | +3893.5% |
| Deferred charges and accrued income | 490/1 | €305 | €305 | = | 0.0% |
| Total equity and liabilities | 10/49 | €93,382 | €165,978 | +€72,595 | +77.7% |
| Equity | 10/15 | €42,574 | €112,157 | +€69,583 | +163.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €39,574 | €109,157 | +€69,583 | +175.8% |
| Distributable reserves | 133 | €39,574 | €109,157 | +€69,583 | +175.8% |
| Amounts payable | 17/49 | €50,809 | €53,820 | +€3,012 | +5.9% |
| Amounts payable within one year | 42/48 | €50,809 | €53,820 | +€3,012 | +5.9% |
| Trade debts | 44 | €3,770 | €5,689 | +€1,919 | +50.9% |
| Suppliers | 440/4 | €3,770 | €5,689 | +€1,919 | +50.9% |
| Taxes, remuneration and social security | 45 | €30,188 | €45,639 | +€15,451 | +51.2% |
| Taxes | 450/3 | €30,188 | €45,639 | +€15,451 | +51.2% |
| Other amounts payable | 47/48 | €16,851 | €2,492 | -€14,359 | -85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,323 | €22,307 | -€5,016 | -18.4% |
| Other operating charges | 640/8 | €519 | €513 | -€5 | -1.0% |
| Gross operating margin | 9900 | €40,058 | €114,491 | +€74,434 | +185.8% |
| Operating profit (loss) | 9901 | €12,216 | €91,671 | +€79,455 | +650.4% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €134 | €1,236 | +€1,102 | +821.7% |
| Recurring financial charges | 65 | €134 | €1,236 | +€1,102 | +821.7% |
| Profit (loss) for the period before taxes | 9903 | €12,082 | €90,442 | +€78,360 | +648.6% |
| Income taxes | 67/77 | €2,163 | €20,858 | +€18,696 | +864.4% |
| Profit (loss) for the period | 9904 | €9,919 | €69,583 | +€59,664 | +601.5% |
| Transfer from tax-exempt reserves | 789 | €743 | - | -€743 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,663 | €69,583 | +€58,921 | +552.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.