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Next Level Performance: 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.

What changed

Next Level Performance

BE 0802.617.293
NACE 85.510, Sports and recreation education
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€24,591
2024 · €51,500-€26,909
Equity
€74,499
2024 · €50,767+€23,732
Cash
€42,904
2024 · €59,770-€16,866
Balance sheet total
€116,249
2024 · €105,470+€10,779

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€31,568

    up €31,568 (+143.3%), from €22,025 to €53,593

    of which Other amounts receivable: +€29,151

  • Cash -€16,866

    down €16,866 (-28.2%), from €59,770 to €42,904

    mainly Receivables within one year (-€31,568) and Tax, wage and social debts (-€9,116)

  • Tangible fixed assets -€4,185

    down €4,185 (-18.1%), from €23,082 to €18,897

    of which Leasing and similar rights: -€5,579

Equity and liabilities
  • Reserves +€23,732

    up €23,732 (+46.8%), from €50,667 to €74,399

  • Tax, wage and social debts -€9,116

    down €9,116 (-31.3%), from €29,133 to €20,017

  • Debts after one year -€5,288

    down €5,288 (-31.2%), from €16,971 to €11,683

  • Trade debts +€2,374

    up €2,374 (+238.1%), from €997 to €3,370

Income statement
  • Gross operating margin -€34,767

    down €34,767 (-43.8%), from €79,355 to €44,589

  • Taxes -€7,217

    down €7,217 (-34.4%), from €21,000 to €13,783

  • Financial income +€1,444

    up €1,444 (+1214.0%), from €119 to €1,563

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €51,500
Gross operating margin -€34,767
Depreciation -€314
Other operating charges -€578
Financial income +€1,444
Financial charges +€89
Taxes +€7,217
Result 2025 €24,591

Cash bridge derived

cash 2024 to 2025

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.

From operations -€7,737
Investment -€2,034
Financing -€7,095
Cash 2024 €59,770
Net result for the year +€24,591
Depreciation +€6,220
Receivables within one year -€31,568
Deferred charges and accrued income -€263
Trade debts +€2,374
Tax, wage and social debts -€9,116
Other debts +€26
Investment in fixed assets (net) -€2,034
Debts after one year -€5,288
Current portion of long-term debt -€148
Short-term financial debts -€800
Contributions, distributions and other -€859
Cash 2025 €42,904
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €105,470 €116,249 +€10,779 +10.2%
Fixed assets 21/28 €23,082 €18,897 -€4,185 -18.1%
Tangible fixed assets 22/27 €23,082 €18,897 -€4,185 -18.1%
Plant, machinery and equipment 23 €1,058 €2,451 +€1,393 +131.7%
Leasing and similar rights 25 €22,024 €16,445 -€5,579 -25.3%
Current assets 29/58 €82,388 €97,352 +€14,965 +18.2%
Amounts receivable within one year 40/41 €22,025 €53,593 +€31,568 +143.3%
Trade receivables 40 €16,356 €18,773 +€2,417 +14.8%
Other amounts receivable 41 €5,669 €34,820 +€29,151 +514.2%
Cash at bank and in hand 54/58 €59,770 €42,904 -€16,866 -28.2%
Deferred charges and accrued income 490/1 €593 €855 +€263 +44.4%
Total equity and liabilities 10/49 €105,470 €116,249 +€10,779 +10.2%
Equity 10/15 €50,767 €74,499 +€23,732 +46.7%
Contributions 10/11 €100 €100 = 0.0%
Reserves 13 €50,667 €74,399 +€23,732 +46.8%
Distributable reserves 133 €50,667 €74,399 +€23,732 +46.8%
Amounts payable 17/49 €54,703 €41,750 -€12,953 -23.7%
Amounts payable after more than one year 17 €16,971 €11,683 -€5,288 -31.2%
Financial debts 170/4 €16,971 €11,683 -€5,288 -31.2%
Amounts payable within one year 42/48 €37,732 €30,067 -€7,665 -20.3%
Current portion of amounts payable after more than one year 42 €5,673 €5,525 -€148 -2.6%
Financial debts 43 €1,096 €295 -€800 -73.0%
Credit institutions 430/8 €1,096 €295 -€800 -73.0%
Trade debts 44 €997 €3,370 +€2,374 +238.1%
Suppliers 440/4 €997 €3,370 +€2,374 +238.1%
Taxes, remuneration and social security 45 €29,133 €20,017 -€9,116 -31.3%
Taxes 450/3 €29,133 €20,017 -€9,116 -31.3%
Other amounts payable 47/48 €833 €859 +€26 +3.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,906 €6,220 +€314 +5.3%
Other operating charges 640/8 €169 €747 +€578 +342.9%
Gross operating margin 9900 €79,355 €44,589 -€34,767 -43.8%
Operating profit (loss) 9901 €73,281 €37,622 -€35,659 -48.7%
Financial income 75/76B €119 €1,563 +€1,444 +1214.0%
Recurring financial income 75 €119 €1,563 +€1,444 +1214.0%
Financial charges 65/66B €900 €811 -€89 -9.9%
Recurring financial charges 65 €900 €811 -€89 -9.9%
Profit (loss) for the period before taxes 9903 €72,500 €38,374 -€34,125 -47.1%
Income taxes 67/77 €21,000 €13,783 -€7,217 -34.4%
Profit (loss) for the period 9904 €51,500 €24,591 -€26,909 -52.3%
Profit (loss) for the period to be appropriated 9905 €51,500 €24,591 -€26,909 -52.3%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.