LeVeto: 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.
LeVeto
Largest movements
- Cash +€52,810
up €52,810 (+124.4%), from €42,438 to €95,248
mainly Net result for the year (+€41,639) and Depreciation (+€10,055)
- Tangible fixed assets -€10,055
down €10,055 (-41.3%), from €24,355 to €14,300
- Reserves +€41,639
up €41,639 (+243.8%), from €17,077 to €58,716
- Tax, wage and social debts +€5,518
up €5,518 (+296.0%), from €1,864 to €7,381
of which Taxes: +€5,961
- Other debts -€5,441
down €5,441 (-14.4%), from €37,872 to €32,431
- Gross operating margin +€43,574
up €43,574 (+140.8%), from €30,946 to €74,521
- Taxes +€13,368
up €13,368 (+208.2%), from €6,421 to €19,789
- Depreciation +€4,245
up €4,245 (+73.1%), from €5,810 to €10,055
- Financial charges +€1,195
up €1,195 (+76.7%), from €1,557 to €2,752
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 | €67,256 | €109,685 | +€42,430 | +63.1% |
| Fixed assets | 21/28 | €24,355 | €14,300 | -€10,055 | -41.3% |
| Tangible fixed assets | 22/27 | €24,355 | €14,300 | -€10,055 | -41.3% |
| Furniture and vehicles | 24 | €24,355 | €14,300 | -€10,055 | -41.3% |
| Current assets | 29/58 | €42,901 | €95,386 | +€52,485 | +122.3% |
| Cash at bank and in hand | 54/58 | €42,438 | €95,248 | +€52,810 | +124.4% |
| Deferred charges and accrued income | 490/1 | €462 | €138 | -€325 | -70.2% |
| Total equity and liabilities | 10/49 | €67,256 | €109,685 | +€42,430 | +63.1% |
| Equity | 10/15 | €22,077 | €63,716 | +€41,639 | +188.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,077 | €58,716 | +€41,639 | +243.8% |
| Distributable reserves | 133 | €17,077 | €58,716 | +€41,639 | +243.8% |
| Amounts payable | 17/49 | €45,179 | €45,970 | +€791 | +1.8% |
| Amounts payable within one year | 42/48 | €45,179 | €45,970 | +€791 | +1.8% |
| Trade debts | 44 | €5,443 | €6,158 | +€715 | +13.1% |
| Suppliers | 440/4 | €5,443 | €6,158 | +€715 | +13.1% |
| Taxes, remuneration and social security | 45 | €1,864 | €7,381 | +€5,518 | +296.0% |
| Taxes | 450/3 | €1,421 | €7,381 | +€5,961 | +419.6% |
| Remuneration and social security | 454/9 | €443 | - | -€443 | |
| Other amounts payable | 47/48 | €37,872 | €32,431 | -€5,441 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,810 | €10,055 | +€4,245 | +73.1% |
| Other operating charges | 640/8 | €81 | €285 | +€204 | +251.3% |
| Gross operating margin | 9900 | €30,946 | €74,521 | +€43,574 | +140.8% |
| Operating profit (loss) | 9901 | €25,055 | €64,181 | +€39,126 | +156.2% |
| Financial charges | 65/66B | €1,557 | €2,752 | +€1,195 | +76.7% |
| Recurring financial charges | 65 | €1,557 | €2,752 | +€1,195 | +76.7% |
| Profit (loss) for the period before taxes | 9903 | €23,497 | €61,428 | +€37,931 | +161.4% |
| Income taxes | 67/77 | €6,421 | €19,789 | +€13,368 | +208.2% |
| Profit (loss) for the period | 9904 | €17,077 | €41,639 | +€24,562 | +143.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,077 | €41,639 | +€24,562 | +143.8% |
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 4 October 2026 via checked.be.