LEVIC: 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.
LEVIC
Largest movements
- Financial fixed assets -€451,800
no longer reported in 2025 (was €451,800)
- Cash +€440,627
up €440,627 (+2,317%), from €19,021 to €459,648
mainly Net result for the year (+€1.3m) and Investment in fixed assets (net) (+€453,997)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Other debts -€191,330
down €191,330 (-38.0%), from €504,107 to €312,777
- Tax, wage and social debts +€54,285
up €54,285 (+112%), from €48,625 to €102,910
- Profit (loss) carried forward +€18,649
up €18,649 (+7,838%), from €238 to €18,887
- Gross operating margin +€1.1m
up €1.1m (+251%), from €422,923 to €1.5m
- Taxes +€88,291
up €88,291 (+83.3%), from €106,024 to €194,315
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.
Derived cash bridge
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 | €584,434 | €465,990 | -€118,443 | -20.3% |
| Fixed assets | 21/28 | €458,935 | €3,434 | -€455,500 | -99.3% |
| Tangible fixed assets | 22/27 | €7,135 | €3,434 | -€3,700 | -51.9% |
| Furniture and vehicles | 24 | €6,047 | €2,797 | -€3,250 | -53.7% |
| Other tangible fixed assets | 26 | €1,087 | €637 | -€450 | -41.4% |
| Financial fixed assets | 28 | €451,800 | - | -€451,800 | |
| Current assets | 29/58 | €125,499 | €462,556 | +€337,057 | +269% |
| Amounts receivable within one year | 40/41 | €3,976 | €2,160 | -€1,816 | -45.7% |
| Trade receivables | 40 | - | €2,160 | +€2,160 | |
| Other amounts receivable | 41 | €3,976 | - | -€3,976 | |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €19,021 | €459,648 | +€440,627 | +2,317% |
| Deferred charges and accrued income | 490/1 | €2,503 | €748 | -€1,755 | -70.1% |
| Total equity and liabilities | 10/49 | €584,434 | €465,990 | -€118,443 | -20.3% |
| Equity | 10/15 | €20,698 | €39,347 | +€18,649 | +90.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €238 | €18,887 | +€18,649 | +7,838% |
| Amounts payable | 17/49 | €563,736 | €426,644 | -€137,092 | -24.3% |
| Amounts payable within one year | 42/48 | €563,736 | €426,644 | -€137,092 | -24.3% |
| Trade debts | 44 | €11,004 | €10,957 | -€48 | -0.4% |
| Suppliers | 440/4 | €11,004 | €10,957 | -€48 | -0.4% |
| Taxes, remuneration and social security | 45 | €48,625 | €102,910 | +€54,285 | +112% |
| Taxes | 450/3 | €48,625 | €102,910 | +€54,285 | +112% |
| Other amounts payable | 47/48 | €504,107 | €312,777 | -€191,330 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,283 | €1,503 | -€780 | -34.2% |
| Other operating charges | 640/8 | €967 | €1,066 | +€100 | +10.3% |
| Gross operating margin | 9900 | €422,923 | €1,485,827 | +€1.1m | +251% |
| Operating profit (loss) | 9901 | €419,673 | €1,483,257 | +€1.1m | +253% |
| Financial income | 75/76B | - | €1,032 | +€1,032 | |
| Recurring financial income | 75 | - | €1,032 | +€1,032 | |
| Financial charges | 65/66B | €518 | €325 | -€193 | -37.3% |
| Recurring financial charges | 65 | €518 | €325 | -€193 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €419,155 | €1,483,964 | +€1.1m | +254% |
| Income taxes | 67/77 | €106,024 | €194,315 | +€88,291 | +83.3% |
| Profit (loss) for the period | 9904 | €313,131 | €1,289,649 | +€976,518 | +312% |
| Profit (loss) for the period to be appropriated | 9905 | €313,131 | €1,289,649 | +€976,518 | +312% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.