NEXT LEVEL MGMT: 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.
NEXT LEVEL MGMT
Largest movements
- Financial fixed assets +€132,573
up €132,573 (+244,555%), from €54 to €132,627
- Receivables within one year +€56,950
up €56,950 (+94.7%), from €60,150 to €117,100
of which Other amounts receivable: +€50,000
- Cash +€39,497
up €39,497 (+270%), from €14,639 to €54,136
mainly Net result for the year (+€103,696) and Other debts (+€82,312)
- Tangible fixed assets -€3,998
down €3,998 (-68.8%), from €5,811 to €1,813
- Profit (loss) carried forward +€102,863
up €102,863 (+301%), from €34,181 to €137,044
- Other debts +€82,312
up €82,312 (+756%), from €10,884 to €93,196
- Tax, wage and social debts +€45,144
up €45,144 (+157%), from €28,749 to €73,893
of which Taxes: +€44,608
- Trade debts -€5,603
down €5,603 (-76.7%), from €7,309 to €1,706
- Gross operating margin +€112,496
up €112,496 (+263%), from €42,746 to €155,242
- Taxes +€29,633
up €29,633 (+350%), from €8,456 to €38,089
- Other operating charges +€2,170
up €2,170 (+171%), from €1,271 to €3,441
- Financial charges +€1,870
up €1,870 (+48.2%), from €3,882 to €5,752
- Staff costs -€1,572
no longer reported in 2025 (was €1,572)
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 | €83,363 | €307,037 | +€223,674 | +268% |
| Fixed assets | 21/28 | €5,865 | €134,441 | +€128,576 | +2,192% |
| Tangible fixed assets | 22/27 | €5,811 | €1,813 | -€3,998 | -68.8% |
| Furniture and vehicles | 24 | €5,811 | €1,813 | -€3,998 | -68.8% |
| Financial fixed assets | 28 | €54 | €132,627 | +€132,573 | +244,555% |
| Current assets | 29/58 | €77,497 | €172,596 | +€95,098 | +123% |
| Amounts receivable within one year | 40/41 | €60,150 | €117,100 | +€56,950 | +94.7% |
| Trade receivables | 40 | €10,150 | €17,100 | +€6,950 | +68.5% |
| Other amounts receivable | 41 | €50,000 | €100,000 | +€50,000 | +100% |
| Cash at bank and in hand | 54/58 | €14,639 | €54,136 | +€39,497 | +270% |
| Deferred charges and accrued income | 490/1 | €2,708 | €1,360 | -€1,348 | -49.8% |
| Total equity and liabilities | 10/49 | €83,363 | €307,037 | +€223,674 | +268% |
| Equity | 10/15 | €35,181 | €138,044 | +€102,863 | +292% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,181 | €137,044 | +€102,863 | +301% |
| Amounts payable | 17/49 | €48,182 | €168,993 | +€120,811 | +251% |
| Amounts payable within one year | 42/48 | €48,182 | €168,993 | +€120,811 | +251% |
| Financial debts | 43 | €1,240 | €199 | -€1,041 | -84.0% |
| Credit institutions | 430/8 | €1,240 | €199 | -€1,041 | -84.0% |
| Trade debts | 44 | €7,309 | €1,706 | -€5,603 | -76.7% |
| Suppliers | 440/4 | €7,309 | €1,706 | -€5,603 | -76.7% |
| Taxes, remuneration and social security | 45 | €28,749 | €73,893 | +€45,144 | +157% |
| Taxes | 450/3 | €25,652 | €70,259 | +€44,608 | +174% |
| Remuneration and social security | 454/9 | €3,097 | €3,634 | +€536 | +17.3% |
| Other amounts payable | 47/48 | €10,884 | €93,196 | +€82,312 | +756% |
| Remuneration, social security and pensions | 62 | €1,572 | - | -€1,572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,875 | €4,384 | -€491 | -10.1% |
| Other operating charges | 640/8 | €1,271 | €3,441 | +€2,170 | +171% |
| Gross operating margin | 9900 | €42,746 | €155,242 | +€112,496 | +263% |
| Operating profit (loss) | 9901 | €35,028 | €147,417 | +€112,389 | +321% |
| Financial income | 75/76B | €3 | €120 | +€117 | +4,296% |
| Recurring financial income | 75 | €3 | €120 | +€117 | +4,296% |
| Financial charges | 65/66B | €3,882 | €5,752 | +€1,870 | +48.2% |
| Recurring financial charges | 65 | €3,882 | €5,752 | +€1,870 | +48.2% |
| Profit (loss) for the period before taxes | 9903 | €31,149 | €141,785 | +€110,636 | +355% |
| Income taxes | 67/77 | €8,456 | €38,089 | +€29,633 | +350% |
| Profit (loss) for the period | 9904 | €22,693 | €103,696 | +€81,003 | +357% |
| Profit (loss) for the period to be appropriated | 9905 | €22,693 | €103,696 | +€81,003 | +357% |
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 15 October 2026 via checked.be.