LEVESON: 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.
LEVESON
Largest movements
- Current investments +€251,956
new in 2025: €251,956
- Tangible fixed assets -€130,900
down €130,900 (-13.5%), from €969,300 to €838,400
of which Land and buildings: -€118,800
- Receivables within one year -€63,673
down €63,673 (-15.0%), from €424,690 to €361,017
- Profit (loss) carried forward +€85,879
up €85,879 (+6.4%), from -€1.3m to -€1.3m
- Trade debts -€28,244
down €28,244 (-48.8%), from €57,875 to €29,631
- Gross operating margin +€260,295
up €260,295, from -€25,039 to €235,257
- Purchases and services +€48,373
new in 2025: €48,373
- Other operating charges -€18,882
down €18,882 (-37.2%), from €50,780 to €31,898
- Turnover +€7,780
new in 2025: €7,780
- Financial income +€2,606
up €2,606 (+64030.0%), from €4 to €2,610
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 | €1,394,987 | €1,452,621 | +€57,634 | +4.1% |
| Fixed assets | 21/28 | €969,300 | €838,400 | -€130,900 | -13.5% |
| Tangible fixed assets | 22/27 | €969,300 | €838,400 | -€130,900 | -13.5% |
| Land and buildings | 22 | €957,200 | €838,400 | -€118,800 | -12.4% |
| Assets under construction and advance payments | 27 | €12,100 | €0 | -€12,100 | -100.0% |
| Current assets | 29/58 | €425,687 | €614,221 | +€188,534 | +44.3% |
| Amounts receivable within one year | 40/41 | €424,690 | €361,017 | -€63,673 | -15.0% |
| Other amounts receivable | 41 | €424,690 | €361,017 | -€63,673 | -15.0% |
| Current investments | 50/53 | - | €251,956 | +€251,956 | |
| Cash at bank and in hand | 54/58 | €997 | €1,249 | +€252 | +25.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,394,987 | €1,452,621 | +€57,634 | +4.1% |
| Equity | 10/15 | €1,337,112 | €1,422,990 | +€85,879 | +6.4% |
| Contributions | 10/11 | €2,675,250 | €2,675,250 | = | 0.0% |
| Outside capital | 11 | €2,675,250 | €2,675,250 | = | 0.0% |
| Other | 1109/19 | €2,675,250 | €2,675,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,338,138 | -€1,252,260 | +€85,879 | +6.4% |
| Amounts payable | 17/49 | €57,875 | €29,631 | -€28,244 | -48.8% |
| Amounts payable within one year | 42/48 | €57,875 | €29,631 | -€28,244 | -48.8% |
| Trade debts | 44 | €57,875 | €29,631 | -€28,244 | -48.8% |
| Suppliers | 440/4 | €57,875 | €29,631 | -€28,244 | -48.8% |
| Turnover | 70 | - | €7,780 | +€7,780 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €48,373 | +€48,373 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,800 | €118,800 | = | 0.0% |
| Other operating charges | 640/8 | €50,780 | €31,898 | -€18,882 | -37.2% |
| Gross operating margin | 9900 | -€25,039 | €235,257 | +€260,295 | |
| Operating profit (loss) | 9901 | -€194,619 | €84,558 | +€279,178 | |
| Financial income | 75/76B | €4 | €2,610 | +€2,606 | +64030.0% |
| Recurring financial income | 75 | €4 | €2,610 | +€2,606 | +64030.0% |
| Financial charges | 65/66B | €304 | €635 | +€332 | +109.3% |
| Recurring financial charges | 65 | €304 | €635 | +€332 | +109.3% |
| Profit (loss) for the period before taxes | 9903 | -€194,919 | €86,533 | +€281,452 | |
| Income taxes | 67/77 | - | €655 | +€655 | |
| Profit (loss) for the period | 9904 | -€194,919 | €85,879 | +€280,797 | |
| Profit (loss) for the period to be appropriated | 9905 | -€194,919 | €85,879 | +€280,797 |
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 3 October 2026 via checked.be.