L.V. TRANS.: 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. TRANS.
Largest movements
- Receivables within one year -€7,046
down €7,046 (-18.6%), from €37,938 to €30,893
- Cash +€5,119
up €5,119 (+390%), from €1,312 to €6,431
mainly Net result for the year (+€19,271) and Receivables within one year (+€7,046)
- Tangible fixed assets -€5,101
down €5,101 (-45.3%), from €11,253 to €6,152
of which Furniture and vehicles: -€4,731
- Deferred charges and accrued income -€3,292
down €3,292 (-55.1%), from €5,979 to €2,687
- Current portion of long-term debt -€21,271
down €21,271 (-83.0%), from €25,617 to €4,346
- Profit (loss) carried forward +€19,271
up €19,271 (+20.9%), from -€92,039 to -€72,768
- Other debts -€5,585
down €5,585 (-53.0%), from €10,529 to €4,944
- Trade debts -€1,373
down €1,373 (-6.7%), from €20,578 to €19,204
- Short-term financial debts -€1,230
down €1,230 (-15.1%), from €8,155 to €6,925
- Depreciation -€24,830
down €24,830 (-83.0%), from €29,932 to €5,101
- Gross operating margin +€6,918
up €6,918 (+22.3%), from €31,085 to €38,003
- Other operating charges +€2,155
up €2,155 (+27.2%), from €7,929 to €10,083
- Financial charges -€1,134
down €1,134 (-26.5%), from €4,272 to €3,139
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 | €56,532 | €46,212 | -€10,320 | -18.3% |
| Fixed assets | 21/28 | €11,303 | €6,202 | -€5,101 | -45.1% |
| Tangible fixed assets | 22/27 | €11,253 | €6,152 | -€5,101 | -45.3% |
| Plant, machinery and equipment | 23 | €370 | - | -€370 | |
| Furniture and vehicles | 24 | €10,883 | €6,152 | -€4,731 | -43.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €45,229 | €40,011 | -€5,219 | -11.5% |
| Amounts receivable within one year | 40/41 | €37,938 | €30,893 | -€7,046 | -18.6% |
| Trade receivables | 40 | €37,938 | €30,893 | -€7,046 | -18.6% |
| Cash at bank and in hand | 54/58 | €1,312 | €6,431 | +€5,119 | +390% |
| Deferred charges and accrued income | 490/1 | €5,979 | €2,687 | -€3,292 | -55.1% |
| Total equity and liabilities | 10/49 | €56,532 | €46,212 | -€10,320 | -18.3% |
| Equity | 10/15 | -€12,855 | €6,415 | +€19,271 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €60,592 | €60,592 | = | 0.0% |
| Non-distributable reserves | 130/1 | €538 | €538 | = | 0.0% |
| Reserves not available under the articles | 1311 | €538 | €538 | = | 0.0% |
| Tax-exempt reserves | 132 | €60,054 | €60,054 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,039 | -€72,768 | +€19,271 | +20.9% |
| Amounts payable | 17/49 | €69,388 | €39,797 | -€29,591 | -42.6% |
| Amounts payable within one year | 42/48 | €69,388 | €39,797 | -€29,591 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €25,617 | €4,346 | -€21,271 | -83.0% |
| Financial debts | 43 | €8,155 | €6,925 | -€1,230 | -15.1% |
| Credit institutions | 430/8 | €8,155 | €6,925 | -€1,230 | -15.1% |
| Trade debts | 44 | €20,578 | €19,204 | -€1,373 | -6.7% |
| Suppliers | 440/4 | €20,578 | €19,204 | -€1,373 | -6.7% |
| Taxes, remuneration and social security | 45 | €4,509 | €4,377 | -€131 | -2.9% |
| Taxes | 450/3 | €4,509 | €4,377 | -€131 | -2.9% |
| Other amounts payable | 47/48 | €10,529 | €4,944 | -€5,585 | -53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,932 | €5,101 | -€24,830 | -83.0% |
| Other operating charges | 640/8 | €7,929 | €10,083 | +€2,155 | +27.2% |
| Gross operating margin | 9900 | €31,085 | €38,003 | +€6,918 | +22.3% |
| Operating profit (loss) | 9901 | -€6,775 | €22,819 | +€29,594 | |
| Financial income | 75/76B | €0 | €17 | +€17 | +24,514% |
| Recurring financial income | 75 | €0 | €17 | +€17 | +24,514% |
| Financial charges | 65/66B | €4,272 | €3,139 | -€1,134 | -26.5% |
| Recurring financial charges | 65 | €4,272 | €3,139 | -€1,134 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,048 | €19,697 | +€30,745 | |
| Income taxes | 67/77 | €446 | €426 | -€19 | -4.3% |
| Profit (loss) for the period | 9904 | -€11,493 | €19,271 | +€30,764 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,493 | €19,271 | +€30,764 |
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 27 October 2026 via checked.be.