Leviathan Consulting: what changed
Two financial 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.
Leviathan Consulting
Largest movements
- Receivables within one year -€20,007
down €20,007 (-43.5%), from €46,026 to €26,019
of which Other amounts receivable: -€22,427
- Tangible fixed assets -€18,027
down €18,027 (-20.6%), from €87,455 to €69,429
- Cash -€10,962
down €10,962 (-31.3%), from €35,006 to €24,043
mainly Contributions, distributions and other (-€28,118) and Other debts (-€16,200)
- Other debts -€16,200
down €16,200 (-55.7%), from €29,100 to €12,900
- Tax, wage and social debts -€14,393
down €14,393 (-75.4%), from €19,085 to €4,693
- Trade debts -€13,028
down €13,028 (-89.4%), from €14,571 to €1,543
- Debts after one year -€10,197
down €10,197 (-20.8%), from €49,042 to €38,845
- Current portion of long-term debt +€5,240
up €5,240 (+105.7%), from €4,958 to €10,197
- Gross operating margin +€12,316
up €12,316 (+25.2%), from €48,967 to €61,283
- Depreciation +€11,941
up €11,941 (+171.7%), from €6,955 to €18,896
- Financial income -€5,184
down €5,184 (-81.2%), from €6,383 to €1,199
of which Non-recurring financial income: -€5,097
- Taxes -€3,042
down €3,042 (-24.1%), from €12,630 to €9,588
- Other operating charges -€912
down €912 (-48.5%), from €1,881 to €969
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 | €169,778 | €121,316 | -€48,462 | -28.5% |
| Fixed assets | 21/28 | €87,455 | €69,429 | -€18,027 | -20.6% |
| Tangible fixed assets | 22/27 | €87,455 | €69,429 | -€18,027 | -20.6% |
| Furniture and vehicles | 24 | €87,455 | €69,429 | -€18,027 | -20.6% |
| Current assets | 29/58 | €82,322 | €51,887 | -€30,435 | -37.0% |
| Amounts receivable within one year | 40/41 | €46,026 | €26,019 | -€20,007 | -43.5% |
| Trade receivables | 40 | €10,285 | €12,705 | +€2,420 | +23.5% |
| Other amounts receivable | 41 | €35,741 | €13,314 | -€22,427 | -62.7% |
| Cash at bank and in hand | 54/58 | €35,006 | €24,043 | -€10,962 | -31.3% |
| Deferred charges and accrued income | 490/1 | €1,291 | €1,825 | +€534 | +41.4% |
| Total equity and liabilities | 10/49 | €169,778 | €121,316 | -€48,462 | -28.5% |
| Equity | 10/15 | €49,638 | €53,138 | +€3,500 | +7.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €47,185 | €50,685 | +€3,500 | +7.4% |
| Distributable reserves | 133 | €47,185 | €50,685 | +€3,500 | +7.4% |
| Profit (loss) carried forward | 14 | €453 | €453 | = | 0.0% |
| Amounts payable | 17/49 | €120,139 | €68,178 | -€51,961 | -43.3% |
| Amounts payable after more than one year | 17 | €49,042 | €38,845 | -€10,197 | -20.8% |
| Financial debts | 170/4 | €49,042 | €38,845 | -€10,197 | -20.8% |
| Amounts payable within one year | 42/48 | €67,713 | €29,333 | -€38,381 | -56.7% |
| Current portion of amounts payable after more than one year | 42 | €4,958 | €10,197 | +€5,240 | +105.7% |
| Trade debts | 44 | €14,571 | €1,543 | -€13,028 | -89.4% |
| Suppliers | 440/4 | €14,571 | €1,543 | -€13,028 | -89.4% |
| Taxes, remuneration and social security | 45 | €19,085 | €4,693 | -€14,393 | -75.4% |
| Taxes | 450/3 | €19,085 | €4,693 | -€14,393 | -75.4% |
| Other amounts payable | 47/48 | €29,100 | €12,900 | -€16,200 | -55.7% |
| Accrued charges and deferred income | 492/3 | €3,384 | €0 | -€3,384 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,955 | €18,896 | +€11,941 | +171.7% |
| Other operating charges | 640/8 | €1,881 | €969 | -€912 | -48.5% |
| Gross operating margin | 9900 | €48,967 | €61,283 | +€12,316 | +25.2% |
| Operating profit (loss) | 9901 | €40,130 | €41,418 | +€1,287 | +3.2% |
| Financial income | 75/76B | €6,383 | €1,199 | -€5,184 | -81.2% |
| Recurring financial income | 75 | €1,286 | €1,199 | -€87 | -6.8% |
| Non-recurring financial income | 76B | €5,097 | €0 | -€5,097 | -100.0% |
| Financial charges | 65/66B | €665 | €1,411 | +€746 | +112.2% |
| Recurring financial charges | 65 | €665 | €1,411 | +€746 | +112.2% |
| Profit (loss) for the period before taxes | 9903 | €45,848 | €41,205 | -€4,643 | -10.1% |
| Income taxes | 67/77 | €12,630 | €9,588 | -€3,042 | -24.1% |
| Profit (loss) for the period | 9904 | €33,218 | €31,617 | -€1,600 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,218 | €31,617 | -€1,600 | -4.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.