NEXT LEVEL ROADS: 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 ROADS
Largest movements
- Tangible fixed assets +€66,004
up €66,004 (+1573.2%), from €4,196 to €70,200
- Receivables within one year +€13,235
up €13,235 (+258.7%), from €5,117 to €18,352
of which Other amounts receivable: +€11,329
- Cash +€2,165
up €2,165 (+68.6%), from €3,155 to €5,320
mainly Debts after one year (+€60,000) and Other debts (+€17,800)
- Debts after one year +€60,000
new in 2025: €60,000
- Other debts +€17,800
up €17,800 (+112.7%), from €15,796 to €33,596
- Profit (loss) carried forward +€7,364
up €7,364 (+70.6%), from -€10,427 to -€3,063
- Accrued charges and deferred income -€1,300
down €1,300 (-100.0%), from €1,300 to €0
- Tax, wage and social debts -€1,282
down €1,282 (-100.0%), from €1,282 to €0
- Gross operating margin +€15,339
up €15,339, from -€4,680 to €10,659
- Depreciation +€113
up €113 (+5.9%), from €1,915 to €2,028
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.
Cash bridge derived
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 | €13,149 | €94,336 | +€81,187 | +617.4% |
| Fixed assets | 21/28 | €4,196 | €70,200 | +€66,004 | +1573.2% |
| Tangible fixed assets | 22/27 | €4,196 | €70,200 | +€66,004 | +1573.2% |
| Furniture and vehicles | 24 | €4,196 | €70,200 | +€66,004 | +1573.2% |
| Current assets | 29/58 | €8,953 | €24,136 | +€15,182 | +169.6% |
| Amounts receivable within one year | 40/41 | €5,117 | €18,352 | +€13,235 | +258.7% |
| Trade receivables | 40 | €2,898 | €4,804 | +€1,906 | +65.8% |
| Other amounts receivable | 41 | €2,218 | €13,548 | +€11,329 | +510.7% |
| Cash at bank and in hand | 54/58 | €3,155 | €5,320 | +€2,165 | +68.6% |
| Deferred charges and accrued income | 490/1 | €682 | €464 | -€218 | -31.9% |
| Total equity and liabilities | 10/49 | €13,149 | €94,336 | +€81,187 | +617.4% |
| Equity | 10/15 | -€7,927 | -€563 | +€7,364 | +92.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,427 | -€3,063 | +€7,364 | +70.6% |
| Amounts payable | 17/49 | €21,076 | €94,898 | +€73,822 | +350.3% |
| Amounts payable after more than one year | 17 | - | €60,000 | +€60,000 | |
| Other amounts payable | 178/9 | - | €60,000 | +€60,000 | |
| Amounts payable within one year | 42/48 | €19,776 | €34,898 | +€15,122 | +76.5% |
| Trade debts | 44 | €2,348 | €1,302 | -€1,045 | -44.5% |
| Suppliers | 440/4 | €2,348 | €1,302 | -€1,045 | -44.5% |
| Advances received on contracts in progress | 46 | €350 | €0 | -€350 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,282 | €0 | -€1,282 | -100.0% |
| Taxes | 450/3 | €1,282 | €0 | -€1,282 | -100.0% |
| Other amounts payable | 47/48 | €15,796 | €33,596 | +€17,800 | +112.7% |
| Accrued charges and deferred income | 492/3 | €1,300 | €0 | -€1,300 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,915 | €2,028 | +€113 | +5.9% |
| Other operating charges | 640/8 | €992 | €888 | -€105 | -10.5% |
| Non-recurring operating charges | 66A | €7,316 | €312 | -€7,003 | -95.7% |
| Gross operating margin | 9900 | -€4,680 | €10,659 | +€15,339 | |
| Operating profit (loss) | 9901 | -€14,903 | €7,431 | +€22,334 | |
| Financial income | 75/76B | €4 | €7 | +€3 | +93.7% |
| Recurring financial income | 75 | €4 | €7 | +€3 | +93.7% |
| Financial charges | 65/66B | €72 | €74 | +€2 | +2.2% |
| Recurring financial charges | 65 | €72 | €74 | +€2 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,972 | €7,364 | +€22,336 | |
| Profit (loss) for the period | 9904 | -€14,972 | €7,364 | +€22,336 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,972 | €7,364 | +€22,336 |
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 11 October 2026 via checked.be.