LEVENDIS: 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.
LEVENDIS
Largest movements
- Receivables within one year -€23,457
down €23,457 (-26.3%), from €89,084 to €65,628
- Cash +€17,993
up €17,993 (+173.0%), from €10,399 to €28,392
mainly Receivables within one year (+€23,457) and Net result for the year (+€7,633)
- Deferred charges and accrued income +€3,748
up €3,748 (+668.1%), from €561 to €4,309
- Reserves +€7,633
up €7,633 (+10.2%), from €74,746 to €82,379
- Other debts -€4,701
down €4,701 (-100.0%), from €4,701 to €0
- Tax, wage and social debts -€4,221
down €4,221 (-43.7%), from €9,656 to €5,436
- Gross operating margin -€3,827
down €3,827 (-24.7%), from €15,473 to €11,645
- Taxes -€793
down €793 (-21.2%), from €3,736 to €2,943
- Other operating charges +€448
up €448 (+244.7%), from €183 to €631
- Staff costs +€265
new in 2025: €265
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 | €101,946 | €99,976 | -€1,970 | -1.9% |
| Fixed assets | 21/28 | €1,902 | €1,648 | -€254 | -13.4% |
| Tangible fixed assets | 22/27 | €1,902 | €1,648 | -€254 | -13.4% |
| Plant, machinery and equipment | 23 | €1,902 | €1,648 | -€254 | -13.4% |
| Current assets | 29/58 | €100,044 | €98,328 | -€1,716 | -1.7% |
| Amounts receivable within one year | 40/41 | €89,084 | €65,628 | -€23,457 | -26.3% |
| Trade receivables | 40 | €89,084 | €65,628 | -€23,457 | -26.3% |
| Cash at bank and in hand | 54/58 | €10,399 | €28,392 | +€17,993 | +173.0% |
| Deferred charges and accrued income | 490/1 | €561 | €4,309 | +€3,748 | +668.1% |
| Total equity and liabilities | 10/49 | €101,946 | €99,976 | -€1,970 | -1.9% |
| Equity | 10/15 | €84,746 | €92,379 | +€7,633 | +9.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €74,746 | €82,379 | +€7,633 | +10.2% |
| Distributable reserves | 133 | €74,746 | €82,379 | +€7,633 | +10.2% |
| Amounts payable | 17/49 | €17,200 | €7,596 | -€9,603 | -55.8% |
| Amounts payable within one year | 42/48 | €17,200 | €7,596 | -€9,603 | -55.8% |
| Trade debts | 44 | €2,842 | €2,160 | -€682 | -24.0% |
| Suppliers | 440/4 | €2,842 | €2,160 | -€682 | -24.0% |
| Taxes, remuneration and social security | 45 | €9,656 | €5,436 | -€4,221 | -43.7% |
| Taxes | 450/3 | €9,656 | €5,436 | -€4,221 | -43.7% |
| Other amounts payable | 47/48 | €4,701 | €0 | -€4,701 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €265 | +€265 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254 | €254 | -€0 | 0.0% |
| Other operating charges | 640/8 | €183 | €631 | +€448 | +244.7% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €15,473 | €11,645 | -€3,827 | -24.7% |
| Operating profit (loss) | 9901 | €15,036 | €10,495 | -€4,540 | -30.2% |
| Financial income | 75/76B | - | €154 | +€154 | |
| Recurring financial income | 75 | - | €154 | +€154 | |
| Financial charges | 65/66B | €68 | €72 | +€4 | +6.1% |
| Recurring financial charges | 65 | €68 | €72 | +€4 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €14,968 | €10,577 | -€4,391 | -29.3% |
| Income taxes | 67/77 | €3,736 | €2,943 | -€793 | -21.2% |
| Profit (loss) for the period | 9904 | €11,231 | €7,633 | -€3,598 | -32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,231 | €7,633 | -€3,598 | -32.0% |
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 30 September 2026 via checked.be.