LEVIEN DEHERTOGH: what changed
LEVIEN DEHERTOGH
Largest movements
- Cash +€17,435
up €17,435 (+130%), from €13,435 to €30,871
mainly Net result for the year (+€40,398) and Tax, wage and social debts (+€19,474)
- Tangible fixed assets -€14,515
down €14,515 (-3.4%), from €429,922 to €415,406
of which Land and buildings: -€10,958
- Receivables within one year +€11,822
up €11,822 (+25.8%), from €45,849 to €57,672
of which Trade receivables: +€6,734
- Current portion of long-term debt -€24,606
down €24,606 (-63.9%), from €38,477 to €13,871
- Tax, wage and social debts +€19,474
up €19,474 (+89.1%), from €21,847 to €41,321
of which Taxes: +€16,929
- Reserves +€15,080
up €15,080 (+10.9%), from €137,780 to €152,860
- Trade debts +€5,553
up €5,553 (+115%), from €4,827 to €10,380
- Financial income +€9,237
up €9,237 (+143%), from €6,479 to €15,715
- Gross operating margin -€8,121
down €8,121 (-10.1%), from €80,012 to €71,891
- Taxes +€3,591
up €3,591 (+22.5%), from €15,972 to €19,563
- Depreciation +€1,325
up €1,325 (+7.8%), from €16,978 to €18,303
- Other operating charges -€944
down €944 (-36.2%), from €2,604 to €1,660
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €491,477 | €506,408 | +€14,931 | +3.0% |
| Fixed assets | 21/28 | €430,022 | €415,506 | -€14,515 | -3.4% |
| Tangible fixed assets | 22/27 | €429,922 | €415,406 | -€14,515 | -3.4% |
| Land and buildings | 22 | €402,490 | €391,532 | -€10,958 | -2.7% |
| Plant, machinery and equipment | 23 | €100 | - | -€100 | |
| Furniture and vehicles | 24 | €27,332 | €23,875 | -€3,457 | -12.6% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €61,455 | €90,902 | +€29,447 | +47.9% |
| Amounts receivable within one year | 40/41 | €45,849 | €57,672 | +€11,822 | +25.8% |
| Trade receivables | 40 | €11,969 | €18,703 | +€6,734 | +56.3% |
| Other amounts receivable | 41 | €33,880 | €38,969 | +€5,088 | +15.0% |
| Cash at bank and in hand | 54/58 | €13,435 | €30,871 | +€17,435 | +130% |
| Deferred charges and accrued income | 490/1 | €2,171 | €2,359 | +€189 | +8.7% |
| Total equity and liabilities | 10/49 | €491,477 | €506,408 | +€14,931 | +3.0% |
| Equity | 10/15 | €151,741 | €165,553 | +€13,812 | +9.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €137,780 | €152,860 | +€15,080 | +10.9% |
| Distributable reserves | 133 | €137,780 | €152,860 | +€15,080 | +10.9% |
| Profit (loss) carried forward | 14 | €1,561 | €293 | -€1,268 | -81.2% |
| Amounts payable | 17/49 | €339,736 | €340,855 | +€1,119 | +0.3% |
| Amounts payable after more than one year | 17 | €249,695 | €249,695 | = | 0.0% |
| Financial debts | 170/4 | €249,695 | €249,695 | = | 0.0% |
| Amounts payable within one year | 42/48 | €90,041 | €91,160 | +€1,119 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €38,477 | €13,871 | -€24,606 | -63.9% |
| Trade debts | 44 | €4,827 | €10,380 | +€5,553 | +115% |
| Suppliers | 440/4 | €4,827 | €10,380 | +€5,553 | +115% |
| Taxes, remuneration and social security | 45 | €21,847 | €41,321 | +€19,474 | +89.1% |
| Taxes | 450/3 | €21,847 | €38,776 | +€16,929 | +77.5% |
| Remuneration and social security | 454/9 | - | €2,545 | +€2,545 | |
| Other amounts payable | 47/48 | €24,890 | €25,588 | +€698 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,978 | €18,303 | +€1,325 | +7.8% |
| Other operating charges | 640/8 | €2,604 | €1,660 | -€944 | -36.2% |
| Gross operating margin | 9900 | €80,012 | €71,891 | -€8,121 | -10.1% |
| Operating profit (loss) | 9901 | €60,429 | €51,927 | -€8,502 | -14.1% |
| Financial income | 75/76B | €6,479 | €15,715 | +€9,237 | +143% |
| Recurring financial income | 75 | €6,479 | €15,715 | +€9,237 | +143% |
| Financial charges | 65/66B | €8,389 | €7,681 | -€709 | -8.4% |
| Recurring financial charges | 65 | €8,389 | €7,681 | -€709 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €58,518 | €59,961 | +€1,443 | +2.5% |
| Income taxes | 67/77 | €15,972 | €19,563 | +€3,591 | +22.5% |
| Profit (loss) for the period | 9904 | €42,546 | €40,398 | -€2,148 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,546 | €40,398 | -€2,148 | -5.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.