LONG VIEW CAPITAL: 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.
LONG VIEW CAPITAL
Largest movements
- Current investments +€100,000
up €100,000 (+39.9%), from €250,931 to €350,931
- Receivables within one year -€46,072
down €46,072 (-99.3%), from €46,402 to €330
of which Other amounts receivable: -€37,900
- Cash -€41,034
down €41,034 (-30.4%), from €134,977 to €93,943
mainly Current investments (-€100,000) and Tax, wage and social debts (-€7,607)
- Reserves +€30,250
up €30,250 (+24.7%), from €122,270 to €152,520
- Tax, wage and social debts -€7,607
down €7,607 (-75.1%), from €10,134 to €2,527
- Financial income -€94,720
down €94,720 (-62.5%), from €151,530 to €56,810
- Depreciation -€13,788
down €13,788 (-96.9%), from €14,230 to €442
- Taxes -€9,171
down €9,171 (-77.1%), from €11,890 to €2,719
- Gross operating margin +€4,827
up €4,827 (+18.0%), from -€26,758 to -€21,931
- Other operating charges +€311
up €311 (+35.7%), from €871 to €1,181
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 | €647,409 | €661,918 | +€14,509 | +2.2% |
| Fixed assets | 21/28 | €210,626 | €210,184 | -€442 | -0.2% |
| Tangible fixed assets | 22/27 | €1,326 | €884 | -€442 | -33.3% |
| Furniture and vehicles | 24 | €1,326 | €884 | -€442 | -33.3% |
| Financial fixed assets | 28 | €209,300 | €209,300 | = | 0.0% |
| Current assets | 29/58 | €436,783 | €451,734 | +€14,951 | +3.4% |
| Stocks and contracts in progress | 3 | €4,000 | €4,000 | = | 0.0% |
| Stocks | 30/36 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,402 | €330 | -€46,072 | -99.3% |
| Trade receivables | 40 | €8,502 | €330 | -€8,172 | -96.1% |
| Other amounts receivable | 41 | €37,900 | €0 | -€37,900 | -100% |
| Current investments | 50/53 | €250,931 | €350,931 | +€100,000 | +39.9% |
| Cash at bank and in hand | 54/58 | €134,977 | €93,943 | -€41,034 | -30.4% |
| Deferred charges and accrued income | 490/1 | €473 | €2,530 | +€2,057 | +435% |
| Total equity and liabilities | 10/49 | €647,409 | €661,918 | +€14,509 | +2.2% |
| Equity | 10/15 | €528,531 | €558,836 | +€30,305 | +5.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €122,270 | €152,520 | +€30,250 | +24.7% |
| Distributable reserves | 133 | €122,270 | €152,520 | +€30,250 | +24.7% |
| Profit (loss) carried forward | 14 | €356,261 | €356,316 | +€55 | 0.0% |
| Amounts payable | 17/49 | €118,878 | €103,081 | -€15,796 | -13.3% |
| Amounts payable within one year | 42/48 | €108,078 | €92,281 | -€15,796 | -14.6% |
| Trade debts | 44 | €6,186 | €2,428 | -€3,758 | -60.8% |
| Suppliers | 440/4 | €6,186 | €2,428 | -€3,758 | -60.8% |
| Taxes, remuneration and social security | 45 | €10,134 | €2,527 | -€7,607 | -75.1% |
| Taxes | 450/3 | €10,134 | €2,527 | -€7,607 | -75.1% |
| Other amounts payable | 47/48 | €91,758 | €87,326 | -€4,432 | -4.8% |
| Accrued charges and deferred income | 492/3 | €10,800 | €10,800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,230 | €442 | -€13,788 | -96.9% |
| Other operating charges | 640/8 | €871 | €1,181 | +€311 | +35.7% |
| Gross operating margin | 9900 | -€26,758 | -€21,931 | +€4,827 | +18.0% |
| Operating profit (loss) | 9901 | -€41,859 | -€23,554 | +€18,305 | +43.7% |
| Financial income | 75/76B | €151,530 | €56,810 | -€94,720 | -62.5% |
| Recurring financial income | 75 | €151,530 | €56,810 | -€94,720 | -62.5% |
| Financial charges | 65/66B | €228 | €232 | +€4 | +1.8% |
| Recurring financial charges | 65 | €228 | €232 | +€4 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €109,443 | €33,024 | -€76,420 | -69.8% |
| Income taxes | 67/77 | €11,890 | €2,719 | -€9,171 | -77.1% |
| Profit (loss) for the period | 9904 | €97,553 | €30,305 | -€67,248 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €97,553 | €30,305 | -€67,248 | -68.9% |
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 29 October 2026 via checked.be.