LEVI: 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.
What changed
LEVI
NACE 77.223, Rental and leasing activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €2.4m-€842,104
Equity
€7.8m
2024 · €6.5m+€1.4m
Cash
€428,307
2024 · €157,141+€271,166
Balance sheet total
€12.0m
2024 · €12.3m-€347,992
Largest movements
Assets
- Current investments -€499,991
down €499,991 (-99.8%), from €501,162 to €1,171
- Cash +€271,166
up €271,166 (+172.6%), from €157,141 to €428,307
mainly Net result for the year (+€1.6m) and Depreciation (+€1.4m)
- Receivables within one year -€193,409
down €193,409 (-7.7%), from €2.5m to €2.3m
of which Trade receivables: -€196,742
- Tangible fixed assets +€147,968
up €147,968 (+1.7%), from €8.7m to €8.8m
of which Plant, machinery and equipment: +€281,918
Equity and liabilities
- Reserves +€1.4m
up €1.4m (+21.9%), from €6.2m to €7.6m
of which Distributable reserves: +€1.4m
- Debts after one year -€1.3m
down €1.3m (-33.2%), from €3.9m to €2.6m
of which Financial debts: -€1.1m
- Current portion of long-term debt -€626,299
down €626,299 (-52.6%), from €1.2m to €563,677
Income statement
- Turnover -€900,539
down €900,539 (-7.1%), from €12.8m to €11.9m
- Staff costs +€450,791
up €450,791 (+12.5%), from €3.6m to €4.1m
- Taxes -€272,434
down €272,434 (-31.2%), from €872,509 to €600,075
of which Taxes: -€272,514
- Depreciation -€134,285
down €134,285 (-8.6%), from €1.6m to €1.4m
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.
Result 2024
€2.4m
Turnover
-€900,539
Other operating income
-€118,199
Goods and materials
-€22,504
Services and other goods
-€59,323
Staff costs
-€450,791
Depreciation
+€134,285
Write-downs
-€1,950
Other operating charges
+€34,572
Other operating items
+€146,163
Financial income
+€19,388
Financial charges
+€104,361
Taxes
+€272,434
Result 2025
€1.6m
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.
From operations
+€3.4m
Investment
-€1.0m
Financing
-€2.1m
Cash 2024
€157,141
From operations (derived)
+€3.4m
Net result for the year
+€1.6m
Depreciation
+€1.4m
Stocks and contracts
-€12,268
Receivables within one year
+€193,409
Deferred charges and accrued income
+€52,588
Trade debts
+€94,698
Tax, wage and social debts
+€95,911
Other debts
+€18,241
Accrued charges and deferred income
+€6,597
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.5m
Current investments
+€499,991
Financing
-€2.1m
Debts after one year
-€1.3m
Current portion of long-term debt
-€626,299
Contributions, distributions and other
-€209,940
Cash 2025
€428,307
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,347,025 | €11,999,033 | -€347,992 | -2.8% |
| Fixed assets | 21/28 | €9,032,132 | €9,146,694 | +€114,562 | +1.3% |
| Intangible fixed assets | 21 | €324,149 | €290,603 | -€33,546 | -10.3% |
| Tangible fixed assets | 22/27 | €8,678,442 | €8,826,410 | +€147,968 | +1.7% |
| Land and buildings | 22 | €6,954,125 | €6,735,729 | -€218,396 | -3.1% |
| Plant, machinery and equipment | 23 | €1,383,557 | €1,665,475 | +€281,918 | +20.4% |
| Furniture and vehicles | 24 | €19,434 | €181,178 | +€161,745 | +832.3% |
| Leasing and similar rights | 25 | €321,326 | €244,027 | -€77,299 | -24.1% |
| Financial fixed assets | 28 | €29,541 | €29,681 | +€140 | +0.5% |
| Other financial fixed assets | 284/8 | €29,541 | €29,681 | +€140 | +0.5% |
| Shares | 284 | €24,716 | €24,716 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €4,825 | €4,965 | +€140 | +2.9% |
| Current assets | 29/58 | €3,314,893 | €2,852,339 | -€462,554 | -14.0% |
| Stocks and contracts in progress | 3 | €18,810 | €31,078 | +€12,268 | +65.2% |
| Stocks | 30/36 | €18,810 | €31,078 | +€12,268 | +65.2% |
| Goods purchased for resale | 34 | €18,810 | €31,078 | +€12,268 | +65.2% |
| Amounts receivable within one year | 40/41 | €2,505,627 | €2,312,219 | -€193,409 | -7.7% |
| Trade receivables | 40 | €2,257,409 | €2,060,668 | -€196,742 | -8.7% |
| Other amounts receivable | 41 | €248,218 | €251,551 | +€3,333 | +1.3% |
| Current investments | 50/53 | €501,162 | €1,171 | -€499,991 | -99.8% |
| Other investments | 51/53 | €501,162 | €1,171 | -€499,991 | -99.8% |
| Cash at bank and in hand | 54/58 | €157,141 | €428,307 | +€271,166 | +172.6% |
| Deferred charges and accrued income | 490/1 | €132,153 | €79,565 | -€52,588 | -39.8% |
| Total equity and liabilities | 10/49 | €12,347,025 | €11,999,033 | -€347,992 | -2.8% |
| Equity | 10/15 | €6,477,618 | €7,836,630 | +€1.4m | +21.0% |
| Contributions | 10/11 | €265,494 | €265,494 | = | 0.0% |
| Capital | 10 | €265,494 | €265,494 | = | 0.0% |
| Issued capital | 100 | €265,494 | €265,494 | = | 0.0% |
| Reserves | 13 | €6,212,124 | €7,571,136 | +€1.4m | +21.9% |
| Non-distributable reserves | 130/1 | €42,605 | €42,605 | = | 0.0% |
| Legal reserve | 130 | €42,605 | €42,605 | = | 0.0% |
| Distributable reserves | 133 | €6,169,519 | €7,528,531 | +€1.4m | +22.0% |
| Amounts payable | 17/49 | €5,869,407 | €4,162,403 | -€1.7m | -29.1% |
| Amounts payable after more than one year | 17 | €3,906,416 | €2,610,263 | -€1.3m | -33.2% |
| Financial debts | 170/4 | €3,717,274 | €2,610,263 | -€1.1m | -29.8% |
| Leasing and similar obligations | 172 | €178,021 | €103,704 | -€74,317 | -41.7% |
| Credit institutions | 173 | €3,539,253 | €2,506,560 | -€1.0m | -29.2% |
| Other amounts payable | 178/9 | €189,143 | - | -€189,143 | |
| Amounts payable within one year | 42/48 | €1,822,736 | €1,405,288 | -€417,448 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €1,189,976 | €563,677 | -€626,299 | -52.6% |
| Trade debts | 44 | €338,173 | €432,872 | +€94,698 | +28.0% |
| Suppliers | 440/4 | €338,173 | €432,872 | +€94,698 | +28.0% |
| Taxes, remuneration and social security | 45 | €290,011 | €385,923 | +€95,911 | +33.1% |
| Taxes | 450/3 | €149,078 | €219,061 | +€69,983 | +46.9% |
| Remuneration and social security | 454/9 | €140,933 | €166,862 | +€25,928 | +18.4% |
| Other amounts payable | 47/48 | €4,575 | €22,816 | +€18,241 | +398.8% |
| Accrued charges and deferred income | 492/3 | €140,255 | €146,852 | +€6,597 | +4.7% |
| Operating income | 70/76A | €13,517,410 | €12,644,835 | -€872,575 | -6.5% |
| Turnover | 70 | €12,750,540 | €11,850,001 | -€900,539 | -7.1% |
| Own construction capitalised | 72 | €83,770 | €229,932 | +€146,163 | +174.5% |
| Other operating income | 74 | €683,101 | €564,901 | -€118,199 | -17.3% |
| Operating charges | 60/66A | €10,033,895 | €10,399,606 | +€365,711 | +3.6% |
| Goods for resale, raw materials and consumables | 60 | €790,095 | €812,599 | +€22,504 | +2.8% |
| Purchases | 600/8 | €782,144 | €824,867 | +€42,723 | +5.5% |
| Change in stocks: decrease (increase) | 609 | €7,951 | -€12,268 | -€20,218 | |
| Services and other goods | 61 | €3,838,892 | €3,898,215 | +€59,323 | +1.5% |
| Remuneration, social security and pensions | 62 | €3,605,347 | €4,056,137 | +€450,791 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,557,990 | €1,423,705 | -€134,285 | -8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,674 | €4,624 | +€1,950 | +72.9% |
| Other operating charges | 640/8 | €238,897 | €204,325 | -€34,572 | -14.5% |
| Operating profit (loss) | 9901 | €3,483,516 | €2,245,229 | -€1.2m | -35.5% |
| Financial income | 75/76B | €17,460 | €36,848 | +€19,388 | +111.0% |
| Recurring financial income | 75 | €17,460 | €36,848 | +€19,388 | +111.0% |
| Income from financial fixed assets | 750 | €15,503 | €32,839 | +€17,337 | +111.8% |
| Other financial income | 752/9 | €1,957 | €4,009 | +€2,051 | +104.8% |
| Financial charges | 65/66B | €217,411 | €113,051 | -€104,361 | -48.0% |
| Recurring financial charges | 65 | €217,411 | €113,051 | -€104,361 | -48.0% |
| Debt charges | 650 | €185,455 | €81,436 | -€104,019 | -56.1% |
| Other financial charges | 652/9 | €31,957 | €31,615 | -€342 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €3,283,564 | €2,169,027 | -€1.1m | -33.9% |
| Income taxes | 67/77 | €872,509 | €600,075 | -€272,434 | -31.2% |
| Taxes | 670/3 | €872,589 | €600,075 | -€272,514 | -31.2% |
| Tax adjustments and reversals of tax provisions | 77 | €80 | - | -€80 | |
| Profit (loss) for the period | 9904 | €2,411,055 | €1,568,952 | -€842,104 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,411,055 | €1,568,952 | -€842,104 | -34.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.