LOVA CROC: 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.
LOVA CROC
Largest movements
- Receivables within one year -€22,497
down €22,497 (-86.3%), from €26,060 to €3,563
of which Other amounts receivable: -€22,173
- Cash +€13,780
up €13,780 (+1,425%), from €967 to €14,747
mainly Receivables within one year (+€22,497) and Depreciation (+€9,957)
- Tangible fixed assets -€8,309
down €8,309 (-29.3%), from €28,383 to €20,074
of which Furniture and vehicles: -€7,653
- Deferred charges and accrued income +€1,927
up €1,927 (+290%), from €665 to €2,592
- Intangible fixed assets -€1,113
down €1,113 (-26.8%), from €4,148 to €3,034
- Other debts -€8,900
down €8,900 (-48.7%), from €18,261 to €9,360
- Current portion of long-term debt +€6,314
up €6,314 (+268%), from €2,353 to €8,667
- Profit (loss) carried forward -€5,738
down €5,738 (-32.4%), from €17,713 to €11,975
- Trade debts -€2,519
down €2,519 (-31.7%), from €7,950 to €5,431
- Debts after one year -€2,467
down €2,467 (-34.9%), from €7,076 to €4,608
- Taxes -€6,155
down €6,155 (-99.0%), from €6,215 to €60
- Gross operating margin -€3,463
down €3,463 (-10.7%), from €32,358 to €28,895
- Depreciation +€2,652
up €2,652 (+36.3%), from €7,305 to €9,957
- Financial charges +€720
up €720 (+113%), from €640 to €1,360
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 | €70,661 | €55,209 | -€15,452 | -21.9% |
| Fixed assets | 21/28 | €32,531 | €23,109 | -€9,422 | -29.0% |
| Intangible fixed assets | 21 | €4,148 | €3,034 | -€1,113 | -26.8% |
| Tangible fixed assets | 22/27 | €28,383 | €20,074 | -€8,309 | -29.3% |
| Plant, machinery and equipment | 23 | €4,150 | €3,494 | -€656 | -15.8% |
| Furniture and vehicles | 24 | €24,233 | €16,581 | -€7,653 | -31.6% |
| Current assets | 29/58 | €38,130 | €32,100 | -€6,030 | -15.8% |
| Stocks and contracts in progress | 3 | €10,439 | €11,199 | +€760 | +7.3% |
| Stocks | 30/36 | €10,439 | €11,199 | +€760 | +7.3% |
| Amounts receivable within one year | 40/41 | €26,060 | €3,563 | -€22,497 | -86.3% |
| Trade receivables | 40 | €3,700 | €3,376 | -€324 | -8.8% |
| Other amounts receivable | 41 | €22,360 | €187 | -€22,173 | -99.2% |
| Cash at bank and in hand | 54/58 | €967 | €14,747 | +€13,780 | +1,425% |
| Deferred charges and accrued income | 490/1 | €665 | €2,592 | +€1,927 | +290% |
| Total equity and liabilities | 10/49 | €70,661 | €55,209 | -€15,452 | -21.9% |
| Equity | 10/15 | €26,605 | €20,867 | -€5,738 | -21.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,892 | €3,892 | = | 0.0% |
| Distributable reserves | 133 | €3,892 | €3,892 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,713 | €11,975 | -€5,738 | -32.4% |
| Amounts payable | 17/49 | €44,056 | €34,342 | -€9,714 | -22.0% |
| Amounts payable after more than one year | 17 | €7,076 | €4,608 | -€2,467 | -34.9% |
| Financial debts | 170/4 | €7,076 | €4,608 | -€2,467 | -34.9% |
| Amounts payable within one year | 42/48 | €36,980 | €29,733 | -€7,246 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €2,353 | €8,667 | +€6,314 | +268% |
| Trade debts | 44 | €7,950 | €5,431 | -€2,519 | -31.7% |
| Suppliers | 440/4 | €7,950 | €5,431 | -€2,519 | -31.7% |
| Taxes, remuneration and social security | 45 | €8,416 | €6,275 | -€2,141 | -25.4% |
| Taxes | 450/3 | €8,416 | €6,275 | -€2,141 | -25.4% |
| Other amounts payable | 47/48 | €18,261 | €9,360 | -€8,900 | -48.7% |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Non-recurring operating income | 76A | €44 | - | -€44 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,305 | €9,957 | +€2,652 | +36.3% |
| Other operating charges | 640/8 | €485 | €740 | +€255 | +52.6% |
| Non-recurring operating charges | 66A | - | €22,646 | +€22,646 | |
| Gross operating margin | 9900 | €32,358 | €28,895 | -€3,463 | -10.7% |
| Operating profit (loss) | 9901 | €24,568 | -€4,447 | -€29,016 | |
| Financial income | 75/76B | €0 | €129 | +€129 | +642,800% |
| Recurring financial income | 75 | €0 | €129 | +€129 | +642,800% |
| Financial charges | 65/66B | €640 | €1,360 | +€720 | +113% |
| Recurring financial charges | 65 | €640 | €1,360 | +€720 | +113% |
| Profit (loss) for the period before taxes | 9903 | €23,929 | -€5,679 | -€29,607 | |
| Income taxes | 67/77 | €6,215 | €60 | -€6,155 | -99.0% |
| Profit (loss) for the period | 9904 | €17,713 | -€5,738 | -€23,452 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,713 | -€5,738 | -€23,452 |
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.