Notaris Benoit LEVECQ: 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.
Notaris Benoit LEVECQ
Largest movements
- Cash +€74,700
up €74,700 (+8.3%), from €903,949 to €978,649
mainly Net result for the year (+€84,007) and Tax, wage and social debts (+€15,827)
- Tangible fixed assets +€32,181
up €32,181 (+69.5%), from €46,287 to €78,468
- Profit (loss) carried forward +€84,007
up €84,007 (+25.2%), from €333,098 to €417,105
- Tax, wage and social debts +€15,827
up €15,827 (+184%), from €8,621 to €24,448
- Gross operating margin +€101,804
up €101,804 (+3,254%), from €3,129 to €104,932
- Depreciation -€13,105
down €13,105 (-70.0%), from €18,734 to €5,628
- Financial charges +€11,976
up €11,976 (+1,021%), from €1,173 to €13,149
of which Non-recurring financial charges: +€11,909
- Financial income -€10,767
no longer reported in 2025 (was €10,767)
- Taxes -€4,451
down €4,451 (-95.4%), from €4,668 to €217
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 | €956,441 | €1,063,002 | +€106,561 | +11.1% |
| Fixed assets | 21/28 | €46,535 | €78,715 | +€32,181 | +69.2% |
| Tangible fixed assets | 22/27 | €46,287 | €78,468 | +€32,181 | +69.5% |
| Furniture and vehicles | 24 | €46,287 | €78,468 | +€32,181 | +69.5% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €909,907 | €984,287 | +€74,381 | +8.2% |
| Amounts receivable within one year | 40/41 | €4,041 | €3,446 | -€595 | -14.7% |
| Trade receivables | 40 | €458 | - | -€458 | |
| Other amounts receivable | 41 | €3,583 | €3,446 | -€137 | -3.8% |
| Cash at bank and in hand | 54/58 | €903,949 | €978,649 | +€74,700 | +8.3% |
| Deferred charges and accrued income | 490/1 | €1,917 | €2,192 | +€276 | +14.4% |
| Total equity and liabilities | 10/49 | €956,441 | €1,063,002 | +€106,561 | +11.1% |
| Equity | 10/15 | €941,058 | €1,025,065 | +€84,007 | +8.9% |
| Contributions | 10/11 | €42,960 | €42,960 | = | 0.0% |
| Reserves | 13 | €565,000 | €565,000 | = | 0.0% |
| Distributable reserves | 133 | €565,000 | €565,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €333,098 | €417,105 | +€84,007 | +25.2% |
| Amounts payable | 17/49 | €15,383 | €37,938 | +€22,554 | +147% |
| Amounts payable within one year | 42/48 | €15,383 | €37,702 | +€22,319 | +145% |
| Trade debts | 44 | €6,763 | €13,254 | +€6,492 | +96.0% |
| Suppliers | 440/4 | €6,763 | €13,254 | +€6,492 | +96.0% |
| Taxes, remuneration and social security | 45 | €8,621 | €24,448 | +€15,827 | +184% |
| Taxes | 450/3 | €8,621 | €24,448 | +€15,827 | +184% |
| Accrued charges and deferred income | 492/3 | - | €236 | +€236 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,734 | €5,628 | -€13,105 | -70.0% |
| Other operating charges | 640/8 | €1,676 | €1,931 | +€255 | +15.2% |
| Gross operating margin | 9900 | €3,129 | €104,932 | +€101,804 | +3,254% |
| Operating profit (loss) | 9901 | -€17,281 | €97,373 | +€114,654 | |
| Financial income | 75/76B | €10,767 | - | -€10,767 | |
| Recurring financial income | 75 | €10,767 | - | -€10,767 | |
| Financial charges | 65/66B | €1,173 | €13,149 | +€11,976 | +1,021% |
| Recurring financial charges | 65 | €1,173 | €1,240 | +€67 | +5.7% |
| Non-recurring financial charges | 66B | - | €11,909 | +€11,909 | |
| Profit (loss) for the period before taxes | 9903 | -€7,687 | €84,224 | +€91,911 | |
| Income taxes | 67/77 | €4,668 | €217 | -€4,451 | -95.4% |
| Profit (loss) for the period | 9904 | -€12,356 | €84,007 | +€96,362 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,356 | €84,007 | +€96,362 |
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 24 October 2026 via checked.be.