L.V GLOBAL: 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 GLOBAL
Largest movements
- Tangible fixed assets +€41,286
up €41,286 (+82.0%), from €50,360 to €91,647
of which Furniture and vehicles: +€42,838
- Receivables within one year +€3,468
up €3,468 (+265.9%), from €1,304 to €4,772
of which Trade receivables: +€3,028
- Intangible fixed assets -€1,500
down €1,500 (-10.0%), from €15,000 to €13,500
- Other debts +€20,012
up €20,012 (+225.1%), from €8,890 to €28,902
- Debts after one year +€9,595
up €9,595 (+40.4%), from €23,737 to €33,332
- Trade debts +€8,168
up €8,168 (+35.4%), from €23,104 to €31,273
- Current portion of long-term debt +€4,055
up €4,055 (+118.7%), from €3,416 to €7,471
- Profit (loss) carried forward +€1,788
up €1,788 (+31.9%), from €5,606 to €7,393
- Gross operating margin +€13,959
up €13,959 (+88.6%), from €15,751 to €29,710
- Depreciation +€11,582
up €11,582 (+103.3%), from €11,207 to €22,789
- Financial charges +€1,431
up €1,431 (+49.4%), from €2,899 to €4,330
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 | €68,414 | €111,524 | +€43,110 | +63.0% |
| Formation expenses | 20 | €487 | €312 | -€175 | -36.0% |
| Fixed assets | 21/28 | €65,660 | €105,147 | +€39,486 | +60.1% |
| Intangible fixed assets | 21 | €15,000 | €13,500 | -€1,500 | -10.0% |
| Tangible fixed assets | 22/27 | €50,360 | €91,647 | +€41,286 | +82.0% |
| Land and buildings | 22 | €13,840 | €12,288 | -€1,552 | -11.2% |
| Furniture and vehicles | 24 | €36,520 | €79,358 | +€42,838 | +117.3% |
| Financial fixed assets | 28 | €300 | - | -€300 | |
| Current assets | 29/58 | €2,267 | €6,066 | +€3,799 | +167.6% |
| Amounts receivable within one year | 40/41 | €1,304 | €4,772 | +€3,468 | +265.9% |
| Trade receivables | 40 | - | €3,028 | +€3,028 | |
| Other amounts receivable | 41 | €1,304 | €1,744 | +€440 | +33.7% |
| Cash at bank and in hand | 54/58 | €963 | €1,183 | +€221 | +22.9% |
| Deferred charges and accrued income | 490/1 | - | €110 | +€110 | |
| Total equity and liabilities | 10/49 | €68,414 | €111,524 | +€43,110 | +63.0% |
| Equity | 10/15 | €7,606 | €9,393 | +€1,788 | +23.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,606 | €7,393 | +€1,788 | +31.9% |
| Amounts payable | 17/49 | €60,809 | €102,131 | +€41,322 | +68.0% |
| Amounts payable after more than one year | 17 | €23,737 | €33,332 | +€9,595 | +40.4% |
| Financial debts | 170/4 | €23,737 | €33,332 | +€9,595 | +40.4% |
| Amounts payable within one year | 42/48 | €37,072 | €68,799 | +€31,727 | +85.6% |
| Current portion of amounts payable after more than one year | 42 | €3,416 | €7,471 | +€4,055 | +118.7% |
| Trade debts | 44 | €23,104 | €31,273 | +€8,168 | +35.4% |
| Suppliers | 440/4 | €23,104 | €31,273 | +€8,168 | +35.4% |
| Taxes, remuneration and social security | 45 | €1,662 | €1,153 | -€508 | -30.6% |
| Taxes | 450/3 | €1,662 | €1,153 | -€508 | -30.6% |
| Other amounts payable | 47/48 | €8,890 | €28,902 | +€20,012 | +225.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,207 | €22,789 | +€11,582 | +103.3% |
| Other operating charges | 640/8 | - | €141 | +€141 | |
| Gross operating margin | 9900 | €15,751 | €29,710 | +€13,959 | +88.6% |
| Operating profit (loss) | 9901 | €4,544 | €6,780 | +€2,236 | +49.2% |
| Financial charges | 65/66B | €2,899 | €4,330 | +€1,431 | +49.4% |
| Recurring financial charges | 65 | €2,899 | €4,330 | +€1,431 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €1,645 | €2,450 | +€805 | +48.9% |
| Income taxes | 67/77 | €491 | €662 | +€171 | +34.8% |
| Profit (loss) for the period | 9904 | €1,154 | €1,788 | +€634 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,154 | €1,788 | +€634 | +54.9% |
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 12 October 2026 via checked.be.