LAKHVIR: 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.
LAKHVIR
Largest movements
- Stocks and contracts -€15,965
down €15,965 (-21.0%), from €75,965 to €60,000
- Other debts -€31,751
down €31,751 (-43.9%), from €72,344 to €40,593
- Profit (loss) carried forward +€22,880
up €22,880, from -€19,095 to €3,785
- Tax, wage and social debts -€6,321
down €6,321 (-44.0%), from €14,363 to €8,042
of which Remuneration and social security: -€12,471
- Trade debts -€994
down €994 (-24.4%), from €4,076 to €3,083
- Taxes +€4,537
up €4,537 (+2,601%), from €174 to €4,711
- Gross operating margin +€3,847
up €3,847 (+13.2%), from €29,170 to €33,016
- Depreciation -€3,157
no longer reported in 2025 (was €3,157)
- Other operating charges +€486
up €486 (+24.9%), from €1,950 to €2,436
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 | €83,689 | €67,503 | -€16,186 | -19.3% |
| Fixed assets | 21/28 | €4,780 | €4,780 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €4,780 | €4,780 | = | 0.0% |
| Current assets | 29/58 | €78,909 | €62,723 | -€16,186 | -20.5% |
| Stocks and contracts in progress | 3 | €75,965 | €60,000 | -€15,965 | -21.0% |
| Stocks | 30/36 | €75,965 | €60,000 | -€15,965 | -21.0% |
| Cash at bank and in hand | 54/58 | €2,944 | €2,723 | -€221 | -7.5% |
| Total equity and liabilities | 10/49 | €83,689 | €67,503 | -€16,186 | -19.3% |
| Equity | 10/15 | -€7,095 | €15,785 | +€22,880 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,095 | €3,785 | +€22,880 | |
| Amounts payable | 17/49 | €90,784 | €51,718 | -€39,066 | -43.0% |
| Amounts payable within one year | 42/48 | €90,784 | €51,718 | -€39,066 | -43.0% |
| Trade debts | 44 | €4,076 | €3,083 | -€994 | -24.4% |
| Suppliers | 440/4 | €4,076 | €3,083 | -€994 | -24.4% |
| Taxes, remuneration and social security | 45 | €14,363 | €8,042 | -€6,321 | -44.0% |
| Taxes | 450/3 | €1,892 | €8,042 | +€6,150 | +325% |
| Remuneration and social security | 454/9 | €12,471 | - | -€12,471 | |
| Other amounts payable | 47/48 | €72,344 | €40,593 | -€31,751 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,157 | - | -€3,157 | |
| Other operating charges | 640/8 | €1,950 | €2,436 | +€486 | +24.9% |
| Gross operating margin | 9900 | €29,170 | €33,016 | +€3,847 | +13.2% |
| Operating profit (loss) | 9901 | €24,063 | €30,581 | +€6,518 | +27.1% |
| Financial charges | 65/66B | €3,115 | €2,990 | -€125 | -4.0% |
| Recurring financial charges | 65 | €3,115 | €2,990 | -€125 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €20,948 | €27,591 | +€6,643 | +31.7% |
| Income taxes | 67/77 | €174 | €4,711 | +€4,537 | +2,601% |
| Profit (loss) for the period | 9904 | €20,773 | €22,880 | +€2,107 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,773 | €22,880 | +€2,107 | +10.1% |
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 16 October 2026 via checked.be.