LEVIGO: 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.
LEVIGO
Largest movements
- Receivables within one year -€80,073
down €80,073 (-56.5%), from €141,629 to €61,555
of which Trade receivables: -€54,941
- Cash +€19,418
up €19,418 (+236%), from €8,225 to €27,644
mainly Other debts (+€86,221) and Receivables within one year (+€80,073)
- Stocks and contracts +€4,095
up €4,095 (+8.7%), from €47,144 to €51,240
- Trade debts -€133,561
down €133,561 (-79.3%), from €168,324 to €34,763
- Other debts +€86,221
up €86,221 (+80.3%), from €107,358 to €193,579
- Tax, wage and social debts -€31,718
down €31,718 (-66.9%), from €47,442 to €15,724
of which Taxes: -€31,901
- Profit (loss) carried forward +€10,225
up €10,225 (+7.8%), from -€130,575 to -€120,350
- Reserves +€10,000
new in 2025: €10,000
- Gross operating margin +€31,302
up €31,302, from -€4,905 to €26,397
- Financial income +€24,186
up €24,186 (+641%), from €3,770 to €27,956
of which Financial income: +€17,839
- Staff costs -€5,805
down €5,805 (-19.2%), from €30,269 to €24,464
- Other operating charges -€3,069
down €3,069 (-73.8%), from €4,156 to €1,087
- Financial charges +€2,814
up €2,814 (+84.4%), from €3,333 to €6,147
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 | €202,862 | €143,716 | -€59,146 | -29.2% |
| Fixed assets | 21/28 | €5,864 | €3,195 | -€2,670 | -45.5% |
| Tangible fixed assets | 22/27 | €3,786 | €2,616 | -€1,170 | -30.9% |
| Furniture and vehicles | 24 | €3,786 | €2,616 | -€1,170 | -30.9% |
| Financial fixed assets | 28 | €2,078 | €578 | -€1,500 | -72.2% |
| Current assets | 29/58 | €196,998 | €140,521 | -€56,477 | -28.7% |
| Stocks and contracts in progress | 3 | €47,144 | €51,240 | +€4,095 | +8.7% |
| Stocks | 30/36 | €47,144 | €51,240 | +€4,095 | +8.7% |
| Amounts receivable within one year | 40/41 | €141,629 | €61,555 | -€80,073 | -56.5% |
| Trade receivables | 40 | €99,840 | €44,898 | -€54,941 | -55.0% |
| Other amounts receivable | 41 | €41,789 | €16,657 | -€25,132 | -60.1% |
| Cash at bank and in hand | 54/58 | €8,225 | €27,644 | +€19,418 | +236% |
| Deferred charges and accrued income | 490/1 | - | €83 | +€83 | |
| Total equity and liabilities | 10/49 | €202,862 | €143,716 | -€59,146 | -29.2% |
| Equity | 10/15 | -€120,575 | -€100,350 | +€20,225 | +16.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | -€130,575 | -€120,350 | +€10,225 | +7.8% |
| Amounts payable | 17/49 | €323,437 | €244,066 | -€79,371 | -24.5% |
| Amounts payable within one year | 42/48 | €323,437 | €244,066 | -€79,371 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €313 | - | -€313 | |
| Trade debts | 44 | €168,324 | €34,763 | -€133,561 | -79.3% |
| Suppliers | 440/4 | €168,324 | €34,763 | -€133,561 | -79.3% |
| Taxes, remuneration and social security | 45 | €47,442 | €15,724 | -€31,718 | -66.9% |
| Taxes | 450/3 | €44,733 | €12,832 | -€31,901 | -71.3% |
| Remuneration and social security | 454/9 | €2,709 | €2,892 | +€182 | +6.7% |
| Other amounts payable | 47/48 | €107,358 | €193,579 | +€86,221 | +80.3% |
| Remuneration, social security and pensions | 62 | €30,269 | €24,464 | -€5,805 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,102 | €1,170 | +€67 | +6.1% |
| Other operating charges | 640/8 | €4,156 | €1,087 | -€3,069 | -73.8% |
| Gross operating margin | 9900 | -€4,905 | €26,397 | +€31,302 | |
| Operating profit (loss) | 9901 | -€40,433 | -€324 | +€40,110 | +99.2% |
| Financial income | 75/76B | €3,770 | €27,956 | +€24,186 | +641% |
| Recurring financial income | 75 | €3,770 | €21,609 | +€17,839 | +473% |
| Non-recurring financial income | 76B | - | €6,347 | +€6,347 | |
| Financial charges | 65/66B | €3,333 | €6,147 | +€2,814 | +84.4% |
| Recurring financial charges | 65 | €3,333 | €6,147 | +€2,814 | +84.4% |
| Profit (loss) for the period before taxes | 9903 | -€39,996 | €21,486 | +€61,482 | |
| Income taxes | 67/77 | - | €1,260 | +€1,260 | |
| Profit (loss) for the period | 9904 | -€39,996 | €20,225 | +€60,221 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,996 | €20,225 | +€60,221 |
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 14 October 2026 via checked.be.