LEVIN: 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.
LEVIN
Largest movements
- Receivables within one year +€108,605
new in 2024: €108,605
- Cash -€26,603
down €26,603 (-20.5%), from €129,560 to €102,957
- Tangible fixed assets -€22,700
down €22,700 (-14.6%), from €155,663 to €132,963
of which Land and buildings: -€20,806
- Profit (loss) carried forward +€58,753
up €58,753 (+31.8%), from €184,721 to €243,474
- Depreciation -€11,992
down €11,992 (-60.4%), from €19,846 to €7,854
- Financial income +€5,400
new in 2024: €5,400
of which Financial income: +€5,400
- Gross operating margin +€3,314
up €3,314 (+6.7%), from €49,461 to €52,775
- Taxes -€3,104
down €3,104 (-41.4%), from €7,498 to €4,394
- Other operating charges +€1,062
up €1,062 (+15.0%), from €7,076 to €8,138
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €285,300 | €344,602 | +€59,302 | +20.8% |
| Fixed assets | 21/28 | €155,740 | €133,040 | -€22,700 | -14.6% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €155,663 | €132,963 | -€22,700 | -14.6% |
| Land and buildings | 22 | €146,189 | €125,383 | -€20,806 | -14.2% |
| Other tangible fixed assets | 26 | €9,474 | €7,580 | -€1,894 | -20.0% |
| Financial fixed assets | 28 | €77 | €77 | -€0 | -0.2% |
| Current assets | 29/58 | €129,560 | €211,562 | +€82,002 | +63.3% |
| Amounts receivable within one year | 40/41 | - | €108,605 | +€108,605 | |
| Other amounts receivable | 41 | - | €108,605 | +€108,605 | |
| Cash at bank and in hand | 54/58 | €129,560 | €102,957 | -€26,603 | -20.5% |
| Total equity and liabilities | 10/49 | €285,300 | €344,602 | +€59,302 | +20.8% |
| Equity | 10/15 | €273,019 | €331,773 | +€58,754 | +21.5% |
| Contributions | 10/11 | €66,635 | €66,635 | = | 0.0% |
| Capital | 10 | €66,635 | €66,635 | = | 0.0% |
| Issued capital | 100 | €66,635 | €66,635 | = | 0.0% |
| Reserves | 13 | €21,664 | €21,664 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €21,664 | €21,664 | +€1 | 0.0% |
| Legal reserve | 130 | €21,664 | €21,664 | +€1 | 0.0% |
| Profit (loss) carried forward | 14 | €184,721 | €243,474 | +€58,753 | +31.8% |
| Provisions and deferred taxes | 16 | €3,280 | €3,280 | -€0 | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,280 | €3,280 | -€0 | 0.0% |
| Major repairs and maintenance | 162 | €3,280 | €3,280 | -€0 | 0.0% |
| Amounts payable | 17/49 | €9,000 | €9,549 | +€549 | +6.1% |
| Amounts payable after more than one year | 17 | €9,000 | €9,000 | = | 0.0% |
| Financial debts | 170/4 | - | €9,000 | +€9,000 | |
| Other amounts payable | 178/9 | €9,000 | - | -€9,000 | |
| Amounts payable within one year | 42/48 | - | €449 | +€449 | |
| Trade debts | 44 | - | €449 | +€449 | |
| Suppliers | 440/4 | - | €449 | +€449 | |
| Accrued charges and deferred income | 492/3 | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,846 | €7,854 | -€11,992 | -60.4% |
| Other operating charges | 640/8 | €7,076 | €8,138 | +€1,062 | +15.0% |
| Gross operating margin | 9900 | €49,461 | €52,775 | +€3,314 | +6.7% |
| Operating profit (loss) | 9901 | €22,538 | €36,783 | +€14,245 | +63.2% |
| Financial income | 75/76B | - | €5,400 | +€5,400 | |
| Recurring financial income | 75 | - | €5,400 | +€5,400 | |
| Non-recurring financial income | 76B | - | €5,400 | +€5,400 | |
| Financial charges | 65/66B | €24 | €29 | +€5 | +20.8% |
| Recurring financial charges | 65 | €24 | €29 | +€5 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €22,514 | €42,154 | +€19,640 | +87.2% |
| Income taxes | 67/77 | €7,498 | €4,394 | -€3,104 | -41.4% |
| Profit (loss) for the period | 9904 | €15,016 | €37,760 | +€22,744 | +151.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,016 | €37,760 | +€22,744 | +151.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.