L.V. FARMA: what changed
L.V. FARMA
Largest movements
- Receivables within one year -€36,141
down €36,141 (-99.8%), from €36,204 to €63
- Cash +€30,247
up €30,247 (+2,389%), from €1,266 to €31,513
mainly Other debts (+€54,420) and Receivables within one year (+€36,141)
- Tangible fixed assets -€13,871
down €13,871 (-90.8%), from €15,275 to €1,404
- Reserves -€77,017
down €77,017 (-79.7%), from €96,683 to €19,666
- Other debts +€54,420
up €54,420, from €0 to €54,420
- Tax, wage and social debts +€4,085
up €4,085 (+2,367%), from €173 to €4,258
- Advances received -€1,200
down €1,200 (-100%), from €1,200 to €0
- Gross operating margin +€18,170
up €18,170 (+167%), from €10,884 to €29,054
- Taxes +€3,679
up €3,679 (+141%), from €2,614 to €6,293
- Financial charges +€1,958
up €1,958 (+479%), from €409 to €2,367
- Financial income -€788
down €788 (-52.3%), from €1,508 to €720
- Depreciation +€574
up €574 (+338%), from €170 to €744
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,478 | €83,799 | -€19,679 | -19.0% |
| Fixed assets | 21/28 | €15,275 | €1,404 | -€13,871 | -90.8% |
| Tangible fixed assets | 22/27 | €15,275 | €1,404 | -€13,871 | -90.8% |
| Furniture and vehicles | 24 | €15,275 | €1,404 | -€13,871 | -90.8% |
| Current assets | 29/58 | €88,203 | €82,396 | -€5,808 | -6.6% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €36,204 | €63 | -€36,141 | -99.8% |
| Other amounts receivable | 41 | €36,204 | €63 | -€36,141 | -99.8% |
| Cash at bank and in hand | 54/58 | €1,266 | €31,513 | +€30,247 | +2,389% |
| Deferred charges and accrued income | 490/1 | €733 | €820 | +€86 | +11.8% |
| Total equity and liabilities | 10/49 | €103,478 | €83,799 | -€19,679 | -19.0% |
| Equity | 10/15 | €99,683 | €22,666 | -€77,017 | -77.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €96,683 | €19,666 | -€77,017 | -79.7% |
| Distributable reserves | 133 | €96,683 | €19,666 | -€77,017 | -79.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €3,795 | €61,134 | +€57,338 | +1,511% |
| Amounts payable within one year | 42/48 | €1,851 | €59,125 | +€57,274 | +3,095% |
| Trade debts | 44 | €478 | €447 | -€31 | -6.5% |
| Suppliers | 440/4 | €478 | €447 | -€31 | -6.5% |
| Advances received on contracts in progress | 46 | €1,200 | €0 | -€1,200 | -100% |
| Taxes, remuneration and social security | 45 | €173 | €4,258 | +€4,085 | +2,367% |
| Taxes | 450/3 | €173 | €4,258 | +€4,085 | +2,367% |
| Other amounts payable | 47/48 | €0 | €54,420 | +€54,420 | |
| Accrued charges and deferred income | 492/3 | €1,945 | €2,009 | +€64 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170 | €744 | +€574 | +338% |
| Other operating charges | 640/8 | €762 | €704 | -€58 | -7.6% |
| Gross operating margin | 9900 | €10,884 | €29,054 | +€18,170 | +167% |
| Operating profit (loss) | 9901 | €9,952 | €27,606 | +€17,654 | +177% |
| Financial income | 75/76B | €1,508 | €720 | -€788 | -52.3% |
| Recurring financial income | 75 | €1,508 | €720 | -€788 | -52.3% |
| Financial charges | 65/66B | €409 | €2,367 | +€1,958 | +479% |
| Recurring financial charges | 65 | €409 | €2,367 | +€1,958 | +479% |
| Profit (loss) for the period before taxes | 9903 | €11,051 | €25,958 | +€14,907 | +135% |
| Income taxes | 67/77 | €2,614 | €6,293 | +€3,679 | +141% |
| Profit (loss) for the period | 9904 | €8,438 | €19,666 | +€11,228 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €8,438 | €19,666 | +€11,228 | +133% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.