LEVY 2004: 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.
LEVY 2004
Largest movements
- Cash -€20,895
down €20,895 (-20.7%), from €101,107 to €80,212
mainly Contributions, distributions and other (-€102,758) and Trade debts (-€15,246)
- Tangible fixed assets -€12,524
down €12,524 (-11.1%), from €112,343 to €99,819
of which Land and buildings: -€10,000
- Receivables within one year -€11,674
down €11,674 (-48.4%), from €24,138 to €12,464
of which Trade receivables: -€18,727
- Reserves -€46,488
down €46,488 (-28.8%), from €161,596 to €115,108
of which Distributable reserves: -€44,628
- Other debts +€34,670
up €34,670 (+81.1%), from €42,757 to €77,428
- Contributions -€18,000
down €18,000 (-96.8%), from €18,600 to €600
- Trade debts -€15,246
down €15,246 (-100%), from €15,246 to €0
- Gross operating margin -€3,500
down €3,500 (-4.8%), from €73,539 to €70,039
- Other operating charges -€2,406
down €2,406 (-27.9%), from €8,626 to €6,220
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 | €240,994 | €196,018 | -€44,976 | -18.7% |
| Fixed assets | 21/28 | €112,343 | €99,819 | -€12,524 | -11.1% |
| Tangible fixed assets | 22/27 | €112,343 | €99,819 | -€12,524 | -11.1% |
| Land and buildings | 22 | €95,582 | €85,582 | -€10,000 | -10.5% |
| Plant, machinery and equipment | 23 | €12,074 | €11,234 | -€840 | -7.0% |
| Other tangible fixed assets | 26 | €4,686 | €3,002 | -€1,684 | -35.9% |
| Current assets | 29/58 | €128,651 | €96,199 | -€32,452 | -25.2% |
| Amounts receivable within one year | 40/41 | €24,138 | €12,464 | -€11,674 | -48.4% |
| Trade receivables | 40 | €18,727 | €0 | -€18,727 | -100% |
| Other amounts receivable | 41 | €5,411 | €12,464 | +€7,053 | +130% |
| Cash at bank and in hand | 54/58 | €101,107 | €80,212 | -€20,895 | -20.7% |
| Deferred charges and accrued income | 490/1 | €3,405 | €3,523 | +€117 | +3.4% |
| Total equity and liabilities | 10/49 | €240,994 | €196,018 | -€44,976 | -18.7% |
| Equity | 10/15 | €180,196 | €115,708 | -€64,488 | -35.8% |
| Contributions | 10/11 | €18,600 | €600 | -€18,000 | -96.8% |
| Reserves | 13 | €161,596 | €115,108 | -€46,488 | -28.8% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €159,736 | €115,108 | -€44,628 | -27.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €60,798 | €80,310 | +€19,512 | +32.1% |
| Amounts payable within one year | 42/48 | €58,003 | €77,428 | +€19,425 | +33.5% |
| Trade debts | 44 | €15,246 | €0 | -€15,246 | -100% |
| Suppliers | 440/4 | €15,246 | €0 | -€15,246 | -100% |
| Other amounts payable | 47/48 | €42,757 | €77,428 | +€34,670 | +81.1% |
| Accrued charges and deferred income | 492/3 | €2,795 | €2,882 | +€88 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,210 | €12,524 | +€315 | +2.6% |
| Other operating charges | 640/8 | €8,626 | €6,220 | -€2,406 | -27.9% |
| Gross operating margin | 9900 | €73,539 | €70,039 | -€3,500 | -4.8% |
| Operating profit (loss) | 9901 | €52,704 | €51,294 | -€1,409 | -2.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €144 | €228 | +€84 | +58.2% |
| Recurring financial charges | 65 | €144 | €228 | +€84 | +58.2% |
| Profit (loss) for the period before taxes | 9903 | €52,559 | €51,066 | -€1,493 | -2.8% |
| Income taxes | 67/77 | €12,888 | €12,795 | -€92 | -0.7% |
| Profit (loss) for the period | 9904 | €39,671 | €38,271 | -€1,401 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,671 | €38,271 | -€1,401 | -3.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.