Levelate: 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.
Levelate
Largest movements
- Receivables within one year -€26,076
down €26,076 (-64.0%), from €40,717 to €14,641
- Current investments +€6,400
new in 2023: €6,400
- Deferred charges and accrued income -€4,401
down €4,401 (-82.5%), from €5,335 to €934
- Cash -€1,429
down €1,429 (-56.9%), from €2,511 to €1,082
mainly Net result for the year (-€15,772) and Tax, wage and social debts (-€13,150)
- Profit (loss) carried forward -€22,172
down €22,172 (-1,255%), from -€1,767 to -€23,939
- Tax, wage and social debts -€13,150
down €13,150 (-76.6%), from €17,164 to €4,013
of which Taxes: -€8,904
- Reserves +€6,400
new in 2023: €6,400
- Trade debts +€3,417
up €3,417 (+45.2%), from €7,565 to €10,982
- Gross operating margin -€29,571
down €29,571 (-54.3%), from €54,417 to €24,846
- Staff costs -€13,934
down €13,934 (-25.7%), from €54,226 to €40,291
- Taxes -€1,422
down €1,422 (-86.9%), from €1,637 to €215
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,562 | €23,057 | -€25,506 | -52.5% |
| Current assets | 29/58 | €48,562 | €23,057 | -€25,506 | -52.5% |
| Amounts receivable within one year | 40/41 | €40,717 | €14,641 | -€26,076 | -64.0% |
| Trade receivables | 40 | €40,717 | €14,641 | -€26,076 | -64.0% |
| Current investments | 50/53 | - | €6,400 | +€6,400 | |
| Cash at bank and in hand | 54/58 | €2,511 | €1,082 | -€1,429 | -56.9% |
| Deferred charges and accrued income | 490/1 | €5,335 | €934 | -€4,401 | -82.5% |
| Total equity and liabilities | 10/49 | €48,562 | €23,057 | -€25,506 | -52.5% |
| Equity | 10/15 | €23,833 | €8,061 | -€15,772 | -66.2% |
| Contributions | 10/11 | €25,600 | €25,600 | = | 0.0% |
| Reserves | 13 | - | €6,400 | +€6,400 | |
| Non-distributable reserves | 130/1 | - | €6,400 | +€6,400 | |
| Own shares acquired | 1312 | - | €6,400 | +€6,400 | |
| Profit (loss) carried forward | 14 | -€1,767 | -€23,939 | -€22,172 | -1,255% |
| Amounts payable | 17/49 | €24,729 | €14,995 | -€9,734 | -39.4% |
| Amounts payable within one year | 42/48 | €24,729 | €14,995 | -€9,734 | -39.4% |
| Trade debts | 44 | €7,565 | €10,982 | +€3,417 | +45.2% |
| Suppliers | 440/4 | €7,565 | €10,982 | +€3,417 | +45.2% |
| Taxes, remuneration and social security | 45 | €17,164 | €4,013 | -€13,150 | -76.6% |
| Taxes | 450/3 | €12,644 | €3,740 | -€8,904 | -70.4% |
| Remuneration and social security | 454/9 | €4,520 | €274 | -€4,246 | -93.9% |
| Remuneration, social security and pensions | 62 | €54,226 | €40,291 | -€13,934 | -25.7% |
| Gross operating margin | 9900 | €54,417 | €24,846 | -€29,571 | -54.3% |
| Operating profit (loss) | 9901 | €191 | -€15,445 | -€15,637 | |
| Financial income | 75/76B | €10 | €0 | -€10 | -100% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100% |
| Financial charges | 65/66B | €332 | €112 | -€220 | -66.3% |
| Recurring financial charges | 65 | €332 | €112 | -€220 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | -€130 | -€15,557 | -€15,427 | -11,884% |
| Income taxes | 67/77 | €1,637 | €215 | -€1,422 | -86.9% |
| Profit (loss) for the period | 9904 | -€1,767 | -€15,772 | -€14,006 | -793% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,767 | -€15,772 | -€14,006 | -793% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.