LLvD Invest: what changed
LLvD Invest
Largest movements
- Receivables within one year +€13,316
up €13,316 (+1,900%), from €701 to €14,017
of which Trade receivables: +€11,694
- Cash +€6,275
up €6,275 (+10.2%), from €61,593 to €67,868
mainly Other debts (+€73,757) and Net result for the year (+€16,017)
- Deferred charges and accrued income -€3,880
down €3,880 (-73.8%), from €5,255 to €1,375
- Other debts +€73,757
up €73,757 (+30,356%), from €243 to €74,000
- Profit (loss) carried forward -€57,983
down €57,983 (-95.3%), from €60,842 to €2,859
- Trade debts -€2,017
down €2,017 (-52.8%), from €3,817 to €1,800
- Tax, wage and social debts +€1,121
up €1,121 (+29.8%), from €3,757 to €4,878
- Gross operating margin +€7,001
up €7,001 (+41.3%), from €16,968 to €23,969
- Taxes +€1,000
up €1,000 (+20.0%), from €5,000 to €6,000
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,658 | €83,537 | +€14,878 | +21.7% |
| Fixed assets | 21/28 | €1,110 | €276 | -€833 | -75.1% |
| Tangible fixed assets | 22/27 | €1,110 | €276 | -€833 | -75.1% |
| Plant, machinery and equipment | 23 | €1,110 | €276 | -€833 | -75.1% |
| Current assets | 29/58 | €67,549 | €83,260 | +€15,711 | +23.3% |
| Amounts receivable within one year | 40/41 | €701 | €14,017 | +€13,316 | +1,900% |
| Trade receivables | 40 | €439 | €12,134 | +€11,694 | +2,661% |
| Other amounts receivable | 41 | €261 | €1,883 | +€1,622 | +621% |
| Cash at bank and in hand | 54/58 | €61,593 | €67,868 | +€6,275 | +10.2% |
| Deferred charges and accrued income | 490/1 | €5,255 | €1,375 | -€3,880 | -73.8% |
| Total equity and liabilities | 10/49 | €68,658 | €83,537 | +€14,878 | +21.7% |
| Equity | 10/15 | €60,842 | €2,859 | -€57,983 | -95.3% |
| Profit (loss) carried forward | 14 | €60,842 | €2,859 | -€57,983 | -95.3% |
| Amounts payable | 17/49 | €7,816 | €80,678 | +€72,861 | +932% |
| Amounts payable within one year | 42/48 | €7,816 | €80,678 | +€72,861 | +932% |
| Trade debts | 44 | €3,817 | €1,800 | -€2,017 | -52.8% |
| Suppliers | 440/4 | €3,817 | €1,800 | -€2,017 | -52.8% |
| Taxes, remuneration and social security | 45 | €3,757 | €4,878 | +€1,121 | +29.8% |
| Taxes | 450/3 | €3,757 | €4,878 | +€1,121 | +29.8% |
| Other amounts payable | 47/48 | €243 | €74,000 | +€73,757 | +30,356% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €879 | €833 | -€46 | -5.2% |
| Other operating charges | 640/8 | €966 | €951 | -€14 | -1.5% |
| Gross operating margin | 9900 | €16,968 | €23,969 | +€7,001 | +41.3% |
| Operating profit (loss) | 9901 | €15,124 | €22,184 | +€7,061 | +46.7% |
| Financial income | 75/76B | €15 | €14 | -€0 | -3.2% |
| Recurring financial income | 75 | €15 | €14 | -€0 | -3.2% |
| Financial charges | 65/66B | €177 | €182 | +€6 | +3.1% |
| Recurring financial charges | 65 | €177 | €182 | +€6 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €14,962 | €22,017 | +€7,055 | +47.1% |
| Income taxes | 67/77 | €5,000 | €6,000 | +€1,000 | +20.0% |
| Profit (loss) for the period | 9904 | €9,962 | €16,017 | +€6,055 | +60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,962 | €16,017 | +€6,055 | +60.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.