LEWVIN: 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.
LEWVIN
Largest movements
- Current investments -€150,000
down €150,000 (-100%), from €150,000 to €0
- Receivables within one year +€118,989
up €118,989 (+212%), from €56,011 to €175,000
of which Trade receivables: +€125,000
- Cash -€44,060
down €44,060 (-67.8%), from €65,016 to €20,956
mainly Contributions, distributions and other (-€300,000) and Receivables within one year (-€118,989)
- Tangible fixed assets -€13,790
down €13,790 (-30.5%), from €45,147 to €31,357
- Profit (loss) carried forward -€141,564
down €141,564 (-64.2%), from €220,375 to €78,811
- Other debts +€80,617
up €80,617 (+107%), from €75,088 to €155,705
- Debts after one year -€18,216
down €18,216 (-100%), from €18,216 to €0
- Tax, wage and social debts -€7,611
down €7,611 (-85.9%), from €8,859 to €1,247
- Current portion of long-term debt -€4,879
down €4,879 (-28.9%), from €16,871 to €11,992
- Gross operating margin +€100,365
up €100,365 (+80.4%), from €124,891 to €225,256
- Financial income -€64,327
down €64,327 (-96.1%), from €66,959 to €2,632
- Taxes +€23,074
up €23,074 (+79.2%), from €29,136 to €52,210
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 | €342,364 | €253,428 | -€88,936 | -26.0% |
| Fixed assets | 21/28 | €70,147 | €56,357 | -€13,790 | -19.7% |
| Tangible fixed assets | 22/27 | €45,147 | €31,357 | -€13,790 | -30.5% |
| Furniture and vehicles | 24 | €45,147 | €31,357 | -€13,790 | -30.5% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €272,217 | €197,071 | -€75,146 | -27.6% |
| Amounts receivable within one year | 40/41 | €56,011 | €175,000 | +€118,989 | +212% |
| Trade receivables | 40 | €50,000 | €175,000 | +€125,000 | +250% |
| Other amounts receivable | 41 | €6,011 | €0 | -€6,011 | -100% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €65,016 | €20,956 | -€44,060 | -67.8% |
| Deferred charges and accrued income | 490/1 | €1,190 | €1,115 | -€75 | -6.3% |
| Total equity and liabilities | 10/49 | €342,364 | €253,428 | -€88,936 | -26.0% |
| Equity | 10/15 | €221,375 | €79,811 | -€141,564 | -63.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €220,375 | €78,811 | -€141,564 | -64.2% |
| Amounts payable | 17/49 | €120,989 | €173,618 | +€52,628 | +43.5% |
| Amounts payable after more than one year | 17 | €18,216 | €0 | -€18,216 | -100% |
| Financial debts | 170/4 | €18,216 | €0 | -€18,216 | -100% |
| Amounts payable within one year | 42/48 | €102,733 | €173,618 | +€70,885 | +69.0% |
| Current portion of amounts payable after more than one year | 42 | €16,871 | €11,992 | -€4,879 | -28.9% |
| Trade debts | 44 | €1,915 | €4,673 | +€2,759 | +144% |
| Suppliers | 440/4 | €1,915 | €4,673 | +€2,759 | +144% |
| Taxes, remuneration and social security | 45 | €8,859 | €1,247 | -€7,611 | -85.9% |
| Taxes | 450/3 | €8,859 | €1,247 | -€7,611 | -85.9% |
| Other amounts payable | 47/48 | €75,088 | €155,705 | +€80,617 | +107% |
| Accrued charges and deferred income | 492/3 | €41 | €0 | -€41 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,790 | €13,790 | = | 0.0% |
| Other operating charges | 640/8 | €1,438 | €1,375 | -€63 | -4.4% |
| Gross operating margin | 9900 | €124,891 | €225,256 | +€100,365 | +80.4% |
| Operating profit (loss) | 9901 | €109,663 | €210,091 | +€100,428 | +91.6% |
| Financial income | 75/76B | €66,959 | €2,632 | -€64,327 | -96.1% |
| Recurring financial income | 75 | €66,959 | €2,632 | -€64,327 | -96.1% |
| Financial charges | 65/66B | €1,504 | €2,078 | +€574 | +38.2% |
| Recurring financial charges | 65 | €1,504 | €2,078 | +€574 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €175,119 | €210,646 | +€35,527 | +20.3% |
| Income taxes | 67/77 | €29,136 | €52,210 | +€23,074 | +79.2% |
| Profit (loss) for the period | 9904 | €145,983 | €158,436 | +€12,453 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €145,983 | €158,436 | +€12,453 | +8.5% |
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 27 October 2026 via checked.be.