TheNextLevel.be: 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.
TheNextLevel.be
Largest movements
- Receivables within one year +€49,540
up €49,540 (+508.8%), from €9,737 to €59,277
of which Trade receivables: +€49,940
- Cash -€14,785
down €14,785 (-24.9%), from €59,397 to €44,613
mainly Receivables within one year (-€49,540) and Contributions, distributions and other (-€33,000)
- Deferred charges and accrued income -€13,055
down €13,055 (-68.7%), from €19,014 to €5,959
- Tangible fixed assets -€12,209
down €12,209 (-7.8%), from €157,019 to €144,810
of which Land and buildings: -€7,744
- Reserves +€18,398
up €18,398 (+30.0%), from €61,259 to €79,658
of which Distributable reserves: +€18,398
- Trade debts -€9,160
down €9,160 (-48.7%), from €18,824 to €9,664
- Other debts -€2,638
down €2,638 (-1.9%), from €135,290 to €132,652
- Gross operating margin +€12,225
up €12,225 (+18.0%), from €67,933 to €80,158
- Depreciation -€1,264
down €1,264 (-8.3%), from €15,248 to €13,983
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 | €247,302 | €255,019 | +€7,717 | +3.1% |
| Fixed assets | 21/28 | €159,154 | €145,170 | -€13,983 | -8.8% |
| Intangible fixed assets | 21 | €2,135 | €360 | -€1,775 | -83.1% |
| Tangible fixed assets | 22/27 | €157,019 | €144,810 | -€12,209 | -7.8% |
| Land and buildings | 22 | €146,579 | €138,835 | -€7,744 | -5.3% |
| Plant, machinery and equipment | 23 | €4,921 | €3,599 | -€1,322 | -26.9% |
| Furniture and vehicles | 24 | €5,519 | €2,376 | -€3,143 | -57.0% |
| Current assets | 29/58 | €88,148 | €109,849 | +€21,701 | +24.6% |
| Amounts receivable within one year | 40/41 | €9,737 | €59,277 | +€49,540 | +508.8% |
| Trade receivables | 40 | €9,337 | €59,277 | +€49,940 | +534.9% |
| Other amounts receivable | 41 | €400 | - | -€400 | |
| Cash at bank and in hand | 54/58 | €59,397 | €44,613 | -€14,785 | -24.9% |
| Deferred charges and accrued income | 490/1 | €19,014 | €5,959 | -€13,055 | -68.7% |
| Total equity and liabilities | 10/49 | €247,302 | €255,019 | +€7,717 | +3.1% |
| Equity | 10/15 | €80,654 | €99,053 | +€18,398 | +22.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €61,259 | €79,658 | +€18,398 | +30.0% |
| Tax-exempt reserves | 132 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €55,259 | €73,658 | +€18,398 | +33.3% |
| Profit (loss) carried forward | 14 | €803 | €803 | = | 0.0% |
| Amounts payable | 17/49 | €166,648 | €155,967 | -€10,681 | -6.4% |
| Amounts payable after more than one year | 17 | €25 | €25 | = | 0.0% |
| Other amounts payable | 178/9 | €25 | €25 | = | 0.0% |
| Amounts payable within one year | 42/48 | €165,289 | €155,409 | -€9,880 | -6.0% |
| Trade debts | 44 | €18,824 | €9,664 | -€9,160 | -48.7% |
| Suppliers | 440/4 | €18,824 | €9,664 | -€9,160 | -48.7% |
| Taxes, remuneration and social security | 45 | €11,175 | €13,093 | +€1,918 | +17.2% |
| Taxes | 450/3 | €11,175 | €13,093 | +€1,918 | +17.2% |
| Other amounts payable | 47/48 | €135,290 | €132,652 | -€2,638 | -1.9% |
| Accrued charges and deferred income | 492/3 | €1,333 | €532 | -€801 | -60.1% |
| Non-recurring operating income | 76A | - | €968 | +€968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,248 | €13,983 | -€1,264 | -8.3% |
| Other operating charges | 640/8 | €3,826 | €3,745 | -€81 | -2.1% |
| Gross operating margin | 9900 | €67,933 | €80,158 | +€12,225 | +18.0% |
| Operating profit (loss) | 9901 | €48,859 | €62,429 | +€13,570 | +27.8% |
| Financial income | 75/76B | €150 | €727 | +€576 | +383.2% |
| Recurring financial income | 75 | €150 | €727 | +€576 | +383.2% |
| Financial charges | 65/66B | €344 | €657 | +€313 | +91.1% |
| Recurring financial charges | 65 | €344 | €657 | +€313 | +91.1% |
| Profit (loss) for the period before taxes | 9903 | €48,666 | €62,499 | +€13,833 | +28.4% |
| Income taxes | 67/77 | €11,505 | €11,101 | -€404 | -3.5% |
| Profit (loss) for the period | 9904 | €37,161 | €51,398 | +€14,238 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,161 | €51,398 | +€14,238 | +38.3% |
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 10 October 2026 via checked.be.