L-V-E Services: what changed
Two fiscal 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-E Services
Largest movements
- Tangible fixed assets -€17,425
down €17,425 (-34.7%), from €50,223 to €32,798
of which Furniture and vehicles: -€15,794
- Receivables within one year +€10,597
up €10,597 (+102.8%), from €10,304 to €20,901
of which Trade receivables: +€8,832
- Deferred charges and accrued income +€6,840
new in 2024: €6,840
- Cash +€2,379
up €2,379 (+220.5%), from €1,079 to €3,458
mainly Depreciation (+€19,746) and Advances received (+€6,344)
- Other debts -€8,685
down €8,685 (-17.2%), from €50,565 to €41,880
- Advances received +€6,344
new in 2024: €6,344
- Reserves +€4,369
up €4,369 (+72.3%), from €6,045 to €10,414
- Depreciation +€12,544
up €12,544 (+174.2%), from €7,202 to €19,746
- Gross operating margin +€11,208
up €11,208 (+75.1%), from €14,919 to €26,127
- Other operating charges +€361
new in 2024: €361
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,606 | €63,996 | +€2,390 | +3.9% |
| Fixed assets | 21/28 | €50,223 | €32,798 | -€17,425 | -34.7% |
| Tangible fixed assets | 22/27 | €50,223 | €32,798 | -€17,425 | -34.7% |
| Plant, machinery and equipment | 23 | €3,217 | €1,585 | -€1,631 | -50.7% |
| Furniture and vehicles | 24 | €47,006 | €31,212 | -€15,794 | -33.6% |
| Current assets | 29/58 | €11,383 | €31,198 | +€19,815 | +174.1% |
| Amounts receivable within one year | 40/41 | €10,304 | €20,901 | +€10,597 | +102.8% |
| Trade receivables | 40 | €6,208 | €15,040 | +€8,832 | +142.3% |
| Other amounts receivable | 41 | €4,096 | €5,861 | +€1,765 | +43.1% |
| Cash at bank and in hand | 54/58 | €1,079 | €3,458 | +€2,379 | +220.5% |
| Deferred charges and accrued income | 490/1 | - | €6,840 | +€6,840 | |
| Total equity and liabilities | 10/49 | €61,606 | €63,996 | +€2,390 | +3.9% |
| Equity | 10/15 | €8,545 | €12,914 | +€4,369 | +51.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €6,045 | €10,414 | +€4,369 | +72.3% |
| Distributable reserves | 133 | €6,045 | €10,414 | +€4,369 | +72.3% |
| Amounts payable | 17/49 | €53,061 | €51,082 | -€1,978 | -3.7% |
| Amounts payable within one year | 42/48 | €53,061 | €51,082 | -€1,978 | -3.7% |
| Trade debts | 44 | €372 | €717 | +€345 | +92.9% |
| Suppliers | 440/4 | €372 | €717 | +€345 | +92.9% |
| Advances received on contracts in progress | 46 | - | €6,344 | +€6,344 | |
| Taxes, remuneration and social security | 45 | €2,124 | €2,141 | +€17 | +0.8% |
| Remuneration and social security | 454/9 | €2,124 | €2,141 | +€17 | +0.8% |
| Other amounts payable | 47/48 | €50,565 | €41,880 | -€8,685 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,202 | €19,746 | +€12,544 | +174.2% |
| Other operating charges | 640/8 | - | €361 | +€361 | |
| Gross operating margin | 9900 | €14,919 | €26,127 | +€11,208 | +75.1% |
| Operating profit (loss) | 9901 | €7,717 | €6,020 | -€1,697 | -22.0% |
| Financial income | 75/76B | €1 | €4 | +€3 | +365.6% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +365.6% |
| Financial charges | 65/66B | €51 | €75 | +€24 | +47.1% |
| Recurring financial charges | 65 | €51 | €75 | +€24 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €7,666 | €5,949 | -€1,717 | -22.4% |
| Income taxes | 67/77 | €1,621 | €1,580 | -€41 | -2.5% |
| Profit (loss) for the period | 9904 | €6,045 | €4,369 | -€1,676 | -27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,045 | €4,369 | -€1,676 | -27.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.