LVL7: 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.
LVL7
Largest movements
- Receivables within one year -€60,947
down €60,947 (-32.2%), from €189,033 to €128,085
of which Trade receivables: -€61,300
- Financial fixed assets +€50,000
up €50,000 (+26.0%), from €192,136 to €242,136
- Cash -€19,598
down €19,598 (-76.2%), from €25,731 to €6,133
mainly Investment in fixed assets (net) (-€50,000) and Other debts (-€28,066)
- Other debts -€28,066
down €28,066 (-21.1%), from €133,011 to €104,945
- Tax, wage and social debts +€19,592
up €19,592, from €0 to €19,592
- Accrued charges and deferred income -€14,184
down €14,184 (-100%), from €14,184 to €0
- Profit (loss) carried forward +€13,339
up €13,339 (+9.2%), from €144,821 to €158,161
- Short-term financial debts -€10,000
down €10,000 (-50.0%), from €20,000 to €10,000
- Gross operating margin -€32,492
down €32,492 (-46.9%), from €69,309 to €36,817
- Taxes -€10,316
down €10,316 (-59.2%), from €17,415 to €7,099
- Financial charges +€3,499
up €3,499 (+151%), from €2,314 to €5,813
- Other operating charges +€1,100
up €1,100 (+1,109%), from €99 to €1,199
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 | €408,615 | €377,577 | -€31,038 | -7.6% |
| Fixed assets | 21/28 | €193,851 | €243,359 | +€49,507 | +25.5% |
| Tangible fixed assets | 22/27 | €1,715 | €1,223 | -€493 | -28.7% |
| Plant, machinery and equipment | 23 | €1,715 | €1,223 | -€493 | -28.7% |
| Financial fixed assets | 28 | €192,136 | €242,136 | +€50,000 | +26.0% |
| Current assets | 29/58 | €214,764 | €134,218 | -€80,545 | -37.5% |
| Amounts receivable within one year | 40/41 | €189,033 | €128,085 | -€60,947 | -32.2% |
| Trade receivables | 40 | €177,334 | €116,034 | -€61,300 | -34.6% |
| Other amounts receivable | 41 | €11,699 | €12,051 | +€353 | +3.0% |
| Cash at bank and in hand | 54/58 | €25,731 | €6,133 | -€19,598 | -76.2% |
| Total equity and liabilities | 10/49 | €408,615 | €377,577 | -€31,038 | -7.6% |
| Equity | 10/15 | €169,571 | €182,911 | +€13,339 | +7.9% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Reserves | 13 | €2,250 | €2,250 | = | 0.0% |
| Distributable reserves | 133 | €2,250 | €2,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,821 | €158,161 | +€13,339 | +9.2% |
| Amounts payable | 17/49 | €239,044 | €194,666 | -€44,378 | -18.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €224,860 | €194,666 | -€30,193 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €3,176 | €0 | -€3,176 | -100% |
| Financial debts | 43 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Credit institutions | 430/8 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Trade debts | 44 | €68,672 | €60,129 | -€8,543 | -12.4% |
| Suppliers | 440/4 | €68,672 | €60,129 | -€8,543 | -12.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | €19,592 | +€19,592 | |
| Taxes | 450/3 | €0 | €19,592 | +€19,592 | |
| Other amounts payable | 47/48 | €133,011 | €104,945 | -€28,066 | -21.1% |
| Accrued charges and deferred income | 492/3 | €14,184 | €0 | -€14,184 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €493 | €493 | = | 0.0% |
| Other operating charges | 640/8 | €99 | €1,199 | +€1,100 | +1,109% |
| Non-recurring operating charges | 66A | - | €8,873 | +€8,873 | |
| Gross operating margin | 9900 | €69,309 | €36,817 | -€32,492 | -46.9% |
| Operating profit (loss) | 9901 | €68,717 | €26,252 | -€42,465 | -61.8% |
| Financial charges | 65/66B | €2,314 | €5,813 | +€3,499 | +151% |
| Recurring financial charges | 65 | €2,314 | €5,813 | +€3,499 | +151% |
| Profit (loss) for the period before taxes | 9903 | €66,403 | €20,439 | -€45,964 | -69.2% |
| Income taxes | 67/77 | €17,415 | €7,099 | -€10,316 | -59.2% |
| Profit (loss) for the period | 9904 | €48,988 | €13,339 | -€35,648 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,988 | €13,339 | -€35,648 | -72.8% |
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 15 October 2026 via checked.be.