Lvl-Up Management: 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.
Lvl-Up Management
Largest movements
- Receivables within one year +€64,456
up €64,456 (+236,101%), from €27 to €64,483
of which Other amounts receivable: +€57,196
- Cash -€5,572
down €5,572 (-8.1%), from €68,757 to €63,185
mainly Receivables within one year (-€64,456) and Investment in fixed assets (net) (-€520)
- Profit (loss) carried forward +€55,526
up €55,526 (+122%), from €45,540 to €101,066
- Tax, wage and social debts +€3,372
up €3,372 (+15.6%), from €21,612 to €24,984
of which Taxes: +€3,358
- Gross operating margin +€9,967
up €9,967 (+16.9%), from €59,139 to €69,106
- Taxes +€2,575
up €2,575 (+21.4%), from €12,037 to €14,612
- Financial income +€1,559
up €1,559 (+22,470%), from €7 to €1,566
- Depreciation -€876
down €876 (-63.4%), from €1,381 to €505
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 | €70,179 | €129,077 | +€58,899 | +83.9% |
| Fixed assets | 21/28 | €1,191 | €1,206 | +€15 | +1.3% |
| Tangible fixed assets | 22/27 | €1,191 | €1,206 | +€15 | +1.3% |
| Furniture and vehicles | 24 | €1,191 | €1,206 | +€15 | +1.3% |
| Current assets | 29/58 | €68,988 | €127,871 | +€58,884 | +85.4% |
| Amounts receivable within one year | 40/41 | €27 | €64,483 | +€64,456 | +236,101% |
| Trade receivables | 40 | - | €7,260 | +€7,260 | |
| Other amounts receivable | 41 | €27 | €57,223 | +€57,196 | +209,508% |
| Cash at bank and in hand | 54/58 | €68,757 | €63,185 | -€5,572 | -8.1% |
| Deferred charges and accrued income | 490/1 | €204 | €204 | = | 0.0% |
| Total equity and liabilities | 10/49 | €70,179 | €129,077 | +€58,899 | +83.9% |
| Equity | 10/15 | €48,540 | €104,066 | +€55,526 | +114% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,540 | €101,066 | +€55,526 | +122% |
| Amounts payable | 17/49 | €21,639 | €25,011 | +€3,372 | +15.6% |
| Amounts payable within one year | 42/48 | €21,639 | €25,011 | +€3,372 | +15.6% |
| Trade debts | 44 | €27 | €27 | +€1 | +2.4% |
| Suppliers | 440/4 | €27 | €27 | +€1 | +2.4% |
| Taxes, remuneration and social security | 45 | €21,612 | €24,984 | +€3,372 | +15.6% |
| Taxes | 450/3 | €19,249 | €22,607 | +€3,358 | +17.4% |
| Remuneration and social security | 454/9 | €2,363 | €2,377 | +€14 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,381 | €505 | -€876 | -63.4% |
| Other operating charges | 640/8 | €184 | - | -€184 | |
| Gross operating margin | 9900 | €59,139 | €69,106 | +€9,967 | +16.9% |
| Operating profit (loss) | 9901 | €57,573 | €68,601 | +€11,028 | +19.2% |
| Financial income | 75/76B | €7 | €1,566 | +€1,559 | +22,470% |
| Recurring financial income | 75 | €7 | €1,566 | +€1,559 | +22,470% |
| Financial charges | 65/66B | €3 | €29 | +€26 | +854% |
| Recurring financial charges | 65 | €3 | €29 | +€26 | +854% |
| Profit (loss) for the period before taxes | 9903 | €57,577 | €70,138 | +€12,561 | +21.8% |
| Income taxes | 67/77 | €12,037 | €14,612 | +€2,575 | +21.4% |
| Profit (loss) for the period | 9904 | €45,540 | €55,526 | +€9,986 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,540 | €55,526 | +€9,986 | +21.9% |
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 27 October 2026 via checked.be.