L.V. PRODUCTS: 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. PRODUCTS
Largest movements
- Cash +€24,753
up €24,753 (+389%), from €6,370 to €31,123
mainly Trade debts (+€20,626) and Stocks and contracts (+€5,130)
- Stocks and contracts -€5,130
down €5,130 (-56.3%), from €9,104 to €3,974
- Receivables within one year +€2,219
up €2,219 (+29.4%), from €7,559 to €9,778
of which Trade receivables: +€2,299
- Trade debts +€20,626
up €20,626 (+2,741%), from €753 to €21,379
- Reserves +€1,044
up €1,044 (+30.3%), from €3,445 to €4,489
- Gross operating margin -€214
down €214 (-8.0%), from €2,688 to €2,474
- Other operating charges -€177
down €177 (-30.7%), from €577 to €400
- Depreciation -€72
down €72 (-29.6%), from €242 to €170
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.
Derived cash bridge
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 | €23,204 | €44,875 | +€21,672 | +93.4% |
| Fixed assets | 21/28 | €170 | - | -€170 | |
| Tangible fixed assets | 22/27 | €170 | - | -€170 | |
| Plant, machinery and equipment | 23 | €170 | - | -€170 | |
| Current assets | 29/58 | €23,033 | €44,875 | +€21,842 | +94.8% |
| Stocks and contracts in progress | 3 | €9,104 | €3,974 | -€5,130 | -56.3% |
| Stocks | 30/36 | €9,104 | €3,974 | -€5,130 | -56.3% |
| Amounts receivable within one year | 40/41 | €7,559 | €9,778 | +€2,219 | +29.4% |
| Trade receivables | 40 | €6,252 | €8,551 | +€2,299 | +36.8% |
| Other amounts receivable | 41 | €1,307 | €1,227 | -€80 | -6.1% |
| Cash at bank and in hand | 54/58 | €6,370 | €31,123 | +€24,753 | +389% |
| Total equity and liabilities | 10/49 | €23,204 | €44,875 | +€21,672 | +93.4% |
| Equity | 10/15 | €22,037 | €23,081 | +€1,044 | +4.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,445 | €4,489 | +€1,044 | +30.3% |
| Distributable reserves | 133 | €3,445 | €4,489 | +€1,044 | +30.3% |
| Amounts payable | 17/49 | €1,167 | €21,795 | +€20,628 | +1,768% |
| Amounts payable within one year | 42/48 | €1,167 | €21,795 | +€20,628 | +1,768% |
| Trade debts | 44 | €753 | €21,379 | +€20,626 | +2,741% |
| Suppliers | 440/4 | €753 | €21,379 | +€20,626 | +2,741% |
| Taxes, remuneration and social security | 45 | €414 | €416 | +€2 | +0.4% |
| Taxes | 450/3 | €414 | €416 | +€2 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242 | €170 | -€72 | -29.6% |
| Other operating charges | 640/8 | €577 | €400 | -€177 | -30.7% |
| Gross operating margin | 9900 | €2,688 | €2,474 | -€214 | -8.0% |
| Operating profit (loss) | 9901 | €1,869 | €1,904 | +€35 | +1.9% |
| Financial charges | 65/66B | €435 | €443 | +€8 | +1.8% |
| Recurring financial charges | 65 | €435 | €443 | +€8 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €1,433 | €1,460 | +€27 | +1.9% |
| Income taxes | 67/77 | €414 | €416 | +€2 | +0.4% |
| Profit (loss) for the period | 9904 | €1,019 | €1,044 | +€25 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,019 | €1,044 | +€25 | +2.5% |
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 21 October 2026 via checked.be.