LEVS 66: 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.
LEVS 66
Largest movements
- Receivables within one year -€17,383
down €17,383 (-41.8%), from €41,622 to €24,238
of which Trade receivables: -€11,815
- Cash +€11,043
up €11,043 (+5970.5%), from €185 to €11,228
mainly Receivables within one year (+€17,383) and Depreciation (+€5,740)
- Tangible fixed assets -€3,607
down €3,607 (-25.4%), from €14,223 to €10,616
- Current portion of long-term debt -€7,541
no longer reported in 2025 (was €7,541)
- Tax, wage and social debts -€2,187
down €2,187 (-92.3%), from €2,370 to €183
- Trade debts +€1,055
up €1,055 (+80.5%), from €1,312 to €2,367
- Turnover -€53,562
down €53,562 (-39.2%), from €136,698 to €83,136
- Gross operating margin -€33,587
down €33,587 (-80.1%), from €41,911 to €8,324
- Staff costs -€29,715
no longer reported in 2025 (was €29,715)
- Purchases and services -€19,976
down €19,976 (-21.1%), from €94,787 to €74,811
- Financial income -€12,875
down €12,875 (-85.8%), from €15,000 to €2,125
of which Non-recurring financial income: -€15,000
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 | €101,595 | €91,648 | -€9,947 | -9.8% |
| Fixed assets | 21/28 | €59,788 | €56,181 | -€3,607 | -6.0% |
| Tangible fixed assets | 22/27 | €14,223 | €10,616 | -€3,607 | -25.4% |
| Furniture and vehicles | 24 | €14,223 | €10,616 | -€3,607 | -25.4% |
| Financial fixed assets | 28 | €45,565 | €45,565 | = | 0.0% |
| Current assets | 29/58 | €41,806 | €35,466 | -€6,340 | -15.2% |
| Amounts receivable within one year | 40/41 | €41,622 | €24,238 | -€17,383 | -41.8% |
| Trade receivables | 40 | €21,780 | €9,965 | -€11,815 | -54.2% |
| Other amounts receivable | 41 | €19,842 | €14,273 | -€5,568 | -28.1% |
| Cash at bank and in hand | 54/58 | €185 | €11,228 | +€11,043 | +5970.5% |
| Total equity and liabilities | 10/49 | €101,595 | €91,648 | -€9,947 | -9.8% |
| Equity | 10/15 | €76,952 | €76,597 | -€355 | -0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €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 | €56,492 | €56,137 | -€355 | -0.6% |
| Amounts payable | 17/49 | €24,643 | €15,050 | -€9,593 | -38.9% |
| Amounts payable after more than one year | 17 | €12,500 | €12,500 | = | 0.0% |
| Other amounts payable | 178/9 | €12,500 | €12,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,143 | €2,550 | -€9,593 | -79.0% |
| Current portion of amounts payable after more than one year | 42 | €7,541 | - | -€7,541 | |
| Financial debts | 43 | €920 | - | -€920 | |
| Credit institutions | 430/8 | €920 | - | -€920 | |
| Trade debts | 44 | €1,312 | €2,367 | +€1,055 | +80.5% |
| Suppliers | 440/4 | €1,312 | €2,367 | +€1,055 | +80.5% |
| Taxes, remuneration and social security | 45 | €2,370 | €183 | -€2,187 | -92.3% |
| Taxes | 450/3 | €2,370 | €183 | -€2,187 | -92.3% |
| Turnover | 70 | €136,698 | €83,136 | -€53,562 | -39.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €94,787 | €74,811 | -€19,976 | -21.1% |
| Remuneration, social security and pensions | 62 | €29,715 | - | -€29,715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,829 | €5,740 | -€10,089 | -63.7% |
| Other operating charges | 640/8 | €4,315 | €2,633 | -€1,683 | -39.0% |
| Non-recurring operating charges | 66A | - | €1,241 | +€1,241 | |
| Gross operating margin | 9900 | €41,911 | €8,324 | -€33,587 | -80.1% |
| Operating profit (loss) | 9901 | -€7,948 | -€1,289 | +€6,659 | +83.8% |
| Financial income | 75/76B | €15,000 | €2,125 | -€12,875 | -85.8% |
| Recurring financial income | 75 | €15,000 | €2,125 | -€12,875 | -85.8% |
| Non-recurring financial income | 76B | €15,000 | - | -€15,000 | |
| Financial charges | 65/66B | €4,062 | €1,191 | -€2,871 | -70.7% |
| Recurring financial charges | 65 | €2,755 | €1,191 | -€1,564 | -56.8% |
| Non-recurring financial charges | 66B | €1,307 | - | -€1,307 | |
| Profit (loss) for the period before taxes | 9903 | €2,990 | -€355 | -€3,345 | |
| Income taxes | 67/77 | €6,793 | - | -€6,793 | |
| Profit (loss) for the period | 9904 | -€3,802 | -€355 | +€3,448 | +90.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,802 | -€355 | +€3,448 | +90.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.