Lovanium Holding: what changed
Two fiscal 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.
Lovanium Holding
Largest movements
- Deferred charges and accrued income +€20,641
up €20,641 (+434.5%), from €4,750 to €25,391
- Debts after one year -€68,081
down €68,081 (-49.3%), from €138,081 to €70,000
- Other debts +€62,500
up €62,500 (+12.0%), from €519,136 to €581,636
- Reserves +€53,211
up €53,211 (+13.2%), from €401,970 to €455,182
- Current portion of long-term debt -€35,549
down €35,549 (-66.3%), from €53,630 to €18,081
- Accrued charges and deferred income +€23,835
up €23,835 (+162.9%), from €14,627 to €38,462
- Gross operating margin -€99,405
down €99,405 (-46.6%), from €213,114 to €113,708
- Taxes -€33,566
down €33,566 (-60.4%), from €55,611 to €22,045
- Depreciation +€13,492
up €13,492 (+893.1%), from €1,511 to €15,002
- Financial charges -€5,243
down €5,243 (-19.3%), from €27,176 to €21,933
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.
Cash bridge derived
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 | €1,701,096 | €1,713,098 | +€12,003 | +0.7% |
| Fixed assets | 21/28 | €1,680,228 | €1,665,226 | -€15,002 | -0.9% |
| Tangible fixed assets | 22/27 | €28,494 | €13,492 | -€15,002 | -52.7% |
| Furniture and vehicles | 24 | €28,494 | €13,492 | -€15,002 | -52.7% |
| Financial fixed assets | 28 | €1,651,734 | €1,651,734 | = | 0.0% |
| Current assets | 29/58 | €20,868 | €47,873 | +€27,005 | +129.4% |
| Amounts receivable within one year | 40/41 | €14,389 | €22,344 | +€7,955 | +55.3% |
| Other amounts receivable | 41 | €14,389 | €22,344 | +€7,955 | +55.3% |
| Cash at bank and in hand | 54/58 | €1,728 | €137 | -€1,591 | -92.1% |
| Deferred charges and accrued income | 490/1 | €4,750 | €25,391 | +€20,641 | +434.5% |
| Total equity and liabilities | 10/49 | €1,701,096 | €1,713,098 | +€12,003 | +0.7% |
| Equity | 10/15 | €911,138 | €964,350 | +€53,211 | +5.8% |
| Contributions | 10/11 | €509,168 | €509,168 | = | 0.0% |
| Reserves | 13 | €401,970 | €455,182 | +€53,211 | +13.2% |
| Distributable reserves | 133 | €401,970 | €455,182 | +€53,211 | +13.2% |
| Amounts payable | 17/49 | €789,957 | €748,749 | -€41,209 | -5.2% |
| Amounts payable after more than one year | 17 | €138,081 | €70,000 | -€68,081 | -49.3% |
| Financial debts | 170/4 | €138,081 | €70,000 | -€68,081 | -49.3% |
| Amounts payable within one year | 42/48 | €637,249 | €640,287 | +€3,038 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €53,630 | €18,081 | -€35,549 | -66.3% |
| Trade debts | 44 | €22,379 | €20,631 | -€1,748 | -7.8% |
| Suppliers | 440/4 | €22,379 | €20,631 | -€1,748 | -7.8% |
| Taxes, remuneration and social security | 45 | €42,104 | €19,939 | -€22,166 | -52.6% |
| Taxes | 450/3 | €42,104 | €19,939 | -€22,166 | -52.6% |
| Other amounts payable | 47/48 | €519,136 | €581,636 | +€62,500 | +12.0% |
| Accrued charges and deferred income | 492/3 | €14,627 | €38,462 | +€23,835 | +162.9% |
| Non-recurring operating income | 76A | €1,413 | - | -€1,413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,511 | €15,002 | +€13,492 | +893.1% |
| Other operating charges | 640/8 | €1,476 | €1,517 | +€40 | +2.7% |
| Gross operating margin | 9900 | €213,114 | €113,708 | -€99,405 | -46.6% |
| Operating profit (loss) | 9901 | €210,127 | €97,189 | -€112,938 | -53.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €27,176 | €21,933 | -€5,243 | -19.3% |
| Recurring financial charges | 65 | €27,176 | €21,933 | -€5,243 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €182,951 | €75,256 | -€107,695 | -58.9% |
| Income taxes | 67/77 | €55,611 | €22,045 | -€33,566 | -60.4% |
| Profit (loss) for the period | 9904 | €127,341 | €53,211 | -€74,129 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €127,341 | €53,211 | -€74,129 | -58.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.