Next Level Group: 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.
Next Level Group
Largest movements
- Cash -€79,528
down €79,528 (-90.0%), from €88,353 to €8,825
mainly Investment in fixed assets (net) (-€73,483) and Debts after one year (-€71,797)
- Receivables within one year -€35,304
down €35,304 (-96.2%), from €36,685 to €1,381
of which Trade receivables: -€19,062
- Tangible fixed assets +€25,522
up €25,522 (+23.5%), from €108,812 to €134,334
of which Other tangible fixed assets: +€53,473
- Debts after one year -€71,797
down €71,797 (-44.0%), from €163,340 to €91,543
- Profit (loss) carried forward -€32,031
down €32,031 (-153.8%), from -€20,823 to -€52,854
- Current portion of long-term debt +€26,519
up €26,519 (+145.8%), from €18,194 to €44,713
- Tax, wage and social debts -€11,441
no longer reported in 2024 (was €11,441)
- Advances received +€2,700
new in 2024: €2,700
- Staff costs -€16,640
down €16,640 (-34.6%), from €48,129 to €31,489
- Other operating charges +€15,821
up €15,821 (+2161.5%), from €732 to €16,553
- Depreciation +€12,319
up €12,319 (+34.5%), from €35,702 to €48,021
- Gross operating margin -€7,647
down €7,647 (-9.9%), from €77,041 to €69,394
- Financial charges -€5,419
down €5,419 (-50.3%), from €10,781 to €5,362
of which Financial charges: -€4,187
From the 2023 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €239,179 | €151,500 | -€87,679 | -36.7% |
| Fixed assets | 21/28 | €108,872 | €134,334 | +€25,462 | +23.4% |
| Tangible fixed assets | 22/27 | €108,812 | €134,334 | +€25,522 | +23.5% |
| Plant, machinery and equipment | 23 | €62,595 | €38,174 | -€24,421 | -39.0% |
| Furniture and vehicles | 24 | €32,423 | €28,892 | -€3,531 | -10.9% |
| Other tangible fixed assets | 26 | €13,795 | €67,268 | +€53,473 | +387.6% |
| Financial fixed assets | 28 | €60 | - | -€60 | |
| Current assets | 29/58 | €130,307 | €17,166 | -€113,141 | -86.8% |
| Stocks and contracts in progress | 3 | €5,269 | €6,960 | +€1,691 | +32.1% |
| Stocks | 30/36 | €5,269 | €6,960 | +€1,691 | +32.1% |
| Amounts receivable within one year | 40/41 | €36,685 | €1,381 | -€35,304 | -96.2% |
| Trade receivables | 40 | €19,889 | €827 | -€19,062 | -95.8% |
| Other amounts receivable | 41 | €16,796 | €554 | -€16,243 | -96.7% |
| Cash at bank and in hand | 54/58 | €88,353 | €8,825 | -€79,528 | -90.0% |
| Total equity and liabilities | 10/49 | €239,179 | €151,500 | -€87,679 | -36.7% |
| Equity | 10/15 | €39,177 | €7,146 | -€32,031 | -81.8% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,823 | -€52,854 | -€32,031 | -153.8% |
| Amounts payable | 17/49 | €200,002 | €144,354 | -€55,649 | -27.8% |
| Amounts payable after more than one year | 17 | €163,340 | €91,543 | -€71,797 | -44.0% |
| Financial debts | 170/4 | €163,340 | €91,543 | -€71,797 | -44.0% |
| Amounts payable within one year | 42/48 | €36,662 | €52,811 | +€16,149 | +44.0% |
| Current portion of amounts payable after more than one year | 42 | €18,194 | €44,713 | +€26,519 | +145.8% |
| Trade debts | 44 | €7,027 | €5,399 | -€1,629 | -23.2% |
| Suppliers | 440/4 | €7,027 | €5,399 | -€1,629 | -23.2% |
| Advances received on contracts in progress | 46 | - | €2,700 | +€2,700 | |
| Taxes, remuneration and social security | 45 | €11,441 | - | -€11,441 | |
| Taxes | 450/3 | €11,441 | - | -€11,441 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €48,129 | €31,489 | -€16,640 | -34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,702 | €48,021 | +€12,319 | +34.5% |
| Other operating charges | 640/8 | €732 | €16,553 | +€15,821 | +2161.5% |
| Gross operating margin | 9900 | €77,041 | €69,394 | -€7,647 | -9.9% |
| Operating profit (loss) | 9901 | -€7,521 | -€26,669 | -€19,148 | -254.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €10,781 | €5,362 | -€5,419 | -50.3% |
| Recurring financial charges | 65 | €9,549 | €5,362 | -€4,187 | -43.8% |
| Non-recurring financial charges | 66B | €1,232 | - | -€1,232 | |
| Profit (loss) for the period before taxes | 9903 | -€18,302 | -€32,031 | -€13,729 | -75.0% |
| Income taxes | 67/77 | €2,521 | - | -€2,521 | |
| Profit (loss) for the period | 9904 | -€20,823 | -€32,031 | -€11,208 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,823 | -€32,031 | -€11,208 | -53.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.