Studio Levora: 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.
Studio Levora
Largest movements
- Receivables within one year +€10,818
up €10,818 (+1,221%), from €886 to €11,704
of which Trade receivables: +€11,252
- Cash -€7,990
down €7,990 (-50.4%), from €15,851 to €7,862
mainly Receivables within one year (-€10,818) and Net result for the year (-€3,808)
- Tangible fixed assets +€1,097
new in 2025: €1,097
- Deferred charges and accrued income +€290
new in 2025: €290
- Other debts +€9,346
new in 2025: €9,346
- Profit (loss) carried forward -€3,808
new in 2025: -€3,808
- Tax, wage and social debts -€746
down €746 (-22.1%), from €3,369 to €2,623
- Trade debts -€578
down €578 (-20.8%), from €2,783 to €2,205
- Gross operating margin -€9,793
down €9,793, from €6,670 to -€3,123
- Taxes -€1,640
down €1,640 (-95.4%), from €1,719 to €79
- Other operating charges +€120
up €120 (+114%), from €106 to €226
- Depreciation +€88
new in 2025: €88
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 | €16,737 | €20,952 | +€4,215 | +25.2% |
| Fixed assets | 21/28 | - | €1,097 | +€1,097 | |
| Tangible fixed assets | 22/27 | - | €1,097 | +€1,097 | |
| Plant, machinery and equipment | 23 | - | €1,097 | +€1,097 | |
| Current assets | 29/58 | €16,737 | €19,855 | +€3,118 | +18.6% |
| Amounts receivable within one year | 40/41 | €886 | €11,704 | +€10,818 | +1,221% |
| Trade receivables | 40 | - | €11,252 | +€11,252 | |
| Other amounts receivable | 41 | €886 | €452 | -€434 | -49.0% |
| Cash at bank and in hand | 54/58 | €15,851 | €7,862 | -€7,990 | -50.4% |
| Deferred charges and accrued income | 490/1 | - | €290 | +€290 | |
| Total equity and liabilities | 10/49 | €16,737 | €20,952 | +€4,215 | +25.2% |
| Equity | 10/15 | €10,585 | €6,777 | -€3,808 | -36.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €4,585 | €4,585 | = | 0.0% |
| Distributable reserves | 133 | €4,585 | €4,585 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,808 | -€3,808 | |
| Amounts payable | 17/49 | €6,152 | €14,175 | +€8,023 | +130% |
| Amounts payable within one year | 42/48 | €6,152 | €14,175 | +€8,023 | +130% |
| Trade debts | 44 | €2,783 | €2,205 | -€578 | -20.8% |
| Suppliers | 440/4 | €2,783 | €2,205 | -€578 | -20.8% |
| Taxes, remuneration and social security | 45 | €3,369 | €2,623 | -€746 | -22.1% |
| Taxes | 450/3 | €3,369 | €2,623 | -€746 | -22.1% |
| Other amounts payable | 47/48 | - | €9,346 | +€9,346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €88 | +€88 | |
| Other operating charges | 640/8 | €106 | €226 | +€120 | +114% |
| Gross operating margin | 9900 | €6,670 | -€3,123 | -€9,793 | |
| Operating profit (loss) | 9901 | €6,565 | -€3,436 | -€10,001 | |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €261 | €319 | +€58 | +22.2% |
| Recurring financial charges | 65 | €261 | €319 | +€58 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €6,304 | -€3,729 | -€10,033 | |
| Income taxes | 67/77 | €1,719 | €79 | -€1,640 | -95.4% |
| Profit (loss) for the period | 9904 | €4,585 | -€3,808 | -€8,392 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,585 | -€3,808 | -€8,392 |
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 13 October 2026 via checked.be.