LevelUP technology: 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.
LevelUP technology
Largest movements
- Receivables within one year +€20,733
up €20,733 (+2883.4%), from €719 to €21,452
of which Trade receivables: +€21,452
- Tangible fixed assets -€14,531
down €14,531 (-50.0%), from €29,063 to €14,531
of which Furniture and vehicles: -€10,000
- Cash -€1,234
down €1,234 (-25.1%), from €4,910 to €3,675
mainly Receivables within one year (-€20,733) and Net result for the year (-€17,639)
- Profit (loss) carried forward -€17,639
down €17,639 (-149.2%), from -€11,821 to -€29,460
- Other debts +€8,922
new in 2025: €8,922
- Tax, wage and social debts +€7,417
new in 2025: €7,417
- Trade debts +€6,267
up €6,267 (+14.2%), from €44,013 to €50,280
- Gross operating margin -€5,293
down €5,293 (-99.9%), from €5,296 to €3
- Financial charges +€2,388
up €2,388 (+7075.8%), from €34 to €2,422
of which Non-recurring financial charges: +€2,377
- Other operating charges -€1,864
down €1,864 (-73.0%), from €2,553 to €689
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 | €34,691 | €39,659 | +€4,967 | +14.3% |
| Fixed assets | 21/28 | €29,063 | €14,531 | -€14,531 | -50.0% |
| Tangible fixed assets | 22/27 | €29,063 | €14,531 | -€14,531 | -50.0% |
| Plant, machinery and equipment | 23 | €9,063 | €4,531 | -€4,531 | -50.0% |
| Furniture and vehicles | 24 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Current assets | 29/58 | €5,629 | €25,127 | +€19,499 | +346.4% |
| Amounts receivable within one year | 40/41 | €719 | €21,452 | +€20,733 | +2883.4% |
| Trade receivables | 40 | - | €21,452 | +€21,452 | |
| Other amounts receivable | 41 | €719 | - | -€719 | |
| Cash at bank and in hand | 54/58 | €4,910 | €3,675 | -€1,234 | -25.1% |
| Total equity and liabilities | 10/49 | €34,691 | €39,659 | +€4,967 | +14.3% |
| Equity | 10/15 | -€9,321 | -€26,960 | -€17,639 | -189.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,821 | -€29,460 | -€17,639 | -149.2% |
| Amounts payable | 17/49 | €44,013 | €66,619 | +€22,606 | +51.4% |
| Amounts payable within one year | 42/48 | €44,013 | €66,619 | +€22,606 | +51.4% |
| Trade debts | 44 | €44,013 | €50,280 | +€6,267 | +14.2% |
| Suppliers | 440/4 | €44,013 | €50,280 | +€6,267 | +14.2% |
| Taxes, remuneration and social security | 45 | - | €7,417 | +€7,417 | |
| Taxes | 450/3 | - | €7,417 | +€7,417 | |
| Other amounts payable | 47/48 | - | €8,922 | +€8,922 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,531 | €14,531 | = | 0.0% |
| Other operating charges | 640/8 | €2,553 | €689 | -€1,864 | -73.0% |
| Gross operating margin | 9900 | €5,296 | €3 | -€5,293 | -99.9% |
| Operating profit (loss) | 9901 | -€11,788 | -€15,217 | -€3,429 | -29.1% |
| Financial charges | 65/66B | €34 | €2,422 | +€2,388 | +7075.8% |
| Recurring financial charges | 65 | €34 | €45 | +€11 | +33.3% |
| Non-recurring financial charges | 66B | - | €2,377 | +€2,377 | |
| Profit (loss) for the period before taxes | 9903 | -€11,821 | -€17,639 | -€5,818 | -49.2% |
| Profit (loss) for the period | 9904 | -€11,821 | -€17,639 | -€5,818 | -49.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,821 | -€17,639 | -€5,818 | -49.2% |
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.