L.V.A. CONSTRUCT: 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.
L.V.A. CONSTRUCT
Largest movements
- Receivables within one year -€5,842
down €5,842 (-38.2%), from €15,284 to €9,442
of which Trade receivables: -€8,685
- Tangible fixed assets +€2,704
up €2,704 (+116.7%), from €2,316 to €5,020
of which Plant, machinery and equipment: +€2,440
- Cash +€1,396
up €1,396 (+68.8%), from €2,029 to €3,426
mainly Receivables within one year (+€5,842) and Net result for the year (+€3,398)
- Deferred charges and accrued income +€452
new in 2025: €452
- Other debts -€5,208
no longer reported in 2025 (was €5,208)
- Profit (loss) carried forward +€3,398
up €3,398 (+32.5%), from €10,452 to €13,850
- Trade debts +€272
up €272 (+21.8%), from €1,249 to €1,521
- Tax, wage and social debts +€247
up €247 (+16.1%), from €1,531 to €1,778
- Purchases and services -€4,907
down €4,907 (-1.4%), from €354,087 to €349,181
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 | €19,630 | €18,339 | -€1,291 | -6.6% |
| Fixed assets | 21/28 | €2,316 | €5,020 | +€2,704 | +116.7% |
| Tangible fixed assets | 22/27 | €2,316 | €5,020 | +€2,704 | +116.7% |
| Plant, machinery and equipment | 23 | - | €2,440 | +€2,440 | |
| Furniture and vehicles | 24 | €2,316 | €2,580 | +€264 | +11.4% |
| Current assets | 29/58 | €17,314 | €13,319 | -€3,994 | -23.1% |
| Amounts receivable within one year | 40/41 | €15,284 | €9,442 | -€5,842 | -38.2% |
| Trade receivables | 40 | €10,445 | €1,760 | -€8,685 | -83.1% |
| Other amounts receivable | 41 | €4,839 | €7,682 | +€2,843 | +58.7% |
| Cash at bank and in hand | 54/58 | €2,029 | €3,426 | +€1,396 | +68.8% |
| Deferred charges and accrued income | 490/1 | - | €452 | +€452 | |
| Total equity and liabilities | 10/49 | €19,630 | €18,339 | -€1,291 | -6.6% |
| Equity | 10/15 | €11,642 | €15,040 | +€3,398 | +29.2% |
| Contributions | 10/11 | €1,190 | €1,190 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,452 | €13,850 | +€3,398 | +32.5% |
| Amounts payable | 17/49 | €7,988 | €3,299 | -€4,688 | -58.7% |
| Amounts payable within one year | 42/48 | €7,988 | €3,299 | -€4,688 | -58.7% |
| Trade debts | 44 | €1,249 | €1,521 | +€272 | +21.8% |
| Suppliers | 440/4 | €1,249 | €1,521 | +€272 | +21.8% |
| Taxes, remuneration and social security | 45 | €1,531 | €1,778 | +€247 | +16.1% |
| Taxes | 450/3 | €1,531 | €1,778 | +€247 | +16.1% |
| Other amounts payable | 47/48 | €5,208 | - | -€5,208 | |
| Turnover | 70 | €363,299 | €360,092 | -€3,206 | -0.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €354,087 | €349,181 | -€4,907 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,112 | €1,590 | +€479 | +43.1% |
| Other operating charges | 640/8 | €540 | €779 | +€239 | +44.3% |
| Gross operating margin | 9900 | €9,407 | €10,987 | +€1,580 | +16.8% |
| Operating profit (loss) | 9901 | €7,755 | €8,618 | +€862 | +11.1% |
| Financial charges | 65/66B | €1,967 | €2,108 | +€141 | +7.2% |
| Recurring financial charges | 65 | €1,967 | €2,108 | +€141 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €5,788 | €6,509 | +€721 | +12.5% |
| Income taxes | 67/77 | €1,531 | €3,112 | +€1,581 | +103.3% |
| Profit (loss) for the period | 9904 | €4,257 | €3,398 | -€860 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,257 | €3,398 | -€860 | -20.2% |
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.