S.I. LEVAUX: 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.
S.I. LEVAUX
Largest movements
- Cash -€2,015
down €2,015 (-6.4%), from €31,313 to €29,298
mainly Net result for the year (-€2,361) and Deferred charges and accrued income (-€120)
- Receivables within one year -€502
down €502 (-51.4%), from €976 to €474
of which Trade receivables: -€376
- Profit (loss) carried forward -€2,361
down €2,361 (-5.4%), from -€43,814 to -€46,175
- Gross operating margin -€8,102
down €8,102, from €6,425 to -€1,676
- Depreciation -€997
no longer reported in 2025 (was €997)
- Taxes -€223
no longer reported in 2025 (was €223)
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 | €39,738 | €37,329 | -€2,409 | -6.1% |
| Fixed assets | 21/28 | €7,449 | €7,437 | -€12 | -0.2% |
| Tangible fixed assets | 22/27 | €7,437 | €7,437 | = | 0.0% |
| Land and buildings | 22 | €7,437 | €7,437 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €12 | €0 | -€12 | -100% |
| Current assets | 29/58 | €32,289 | €29,892 | -€2,397 | -7.4% |
| Amounts receivable within one year | 40/41 | €976 | €474 | -€502 | -51.4% |
| Trade receivables | 40 | €376 | €0 | -€376 | -100% |
| Other amounts receivable | 41 | €600 | €474 | -€126 | -21.0% |
| Cash at bank and in hand | 54/58 | €31,313 | €29,298 | -€2,015 | -6.4% |
| Deferred charges and accrued income | 490/1 | €0 | €120 | +€120 | |
| Total equity and liabilities | 10/49 | €39,738 | €37,329 | -€2,409 | -6.1% |
| Equity | 10/15 | €38,671 | €36,310 | -€2,361 | -6.1% |
| Contributions | 10/11 | €68,750 | €68,750 | = | 0.0% |
| Reserves | 13 | €13,735 | €13,735 | = | 0.0% |
| Distributable reserves | 133 | €13,735 | €13,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,814 | -€46,175 | -€2,361 | -5.4% |
| Amounts payable | 17/49 | €1,067 | €1,019 | -€48 | -4.5% |
| Amounts payable within one year | 42/48 | €943 | €893 | -€50 | -5.3% |
| Trade debts | 44 | €0 | €70 | +€70 | |
| Suppliers | 440/4 | €0 | €70 | +€70 | |
| Taxes, remuneration and social security | 45 | €223 | €223 | = | 0.0% |
| Taxes | 450/3 | €223 | €223 | = | 0.0% |
| Other amounts payable | 47/48 | €720 | €600 | -€120 | -16.7% |
| Accrued charges and deferred income | 492/3 | €124 | €126 | +€2 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €997 | - | -€997 | |
| Other operating charges | 640/8 | €616 | €561 | -€55 | -8.9% |
| Gross operating margin | 9900 | €6,425 | -€1,676 | -€8,102 | |
| Operating profit (loss) | 9901 | €4,812 | -€2,238 | -€7,050 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €105 | €123 | +€18 | +17.4% |
| Recurring financial charges | 65 | €105 | €123 | +€18 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €4,707 | -€2,361 | -€7,068 | |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €223 | - | -€223 | |
| Profit (loss) for the period | 9904 | €4,484 | -€2,361 | -€6,845 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,484 | -€2,361 | -€6,845 |
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 16 October 2026 via checked.be.