Lovanium Sport: 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.
Lovanium Sport
Largest movements
- Tangible fixed assets -€158,705
down €158,705 (-6.7%), from €2.4m to €2.2m
of which Land and buildings: -€85,146
- Receivables within one year +€59,702
up €59,702 (+30.5%), from €195,727 to €255,429
of which Other amounts receivable: +€40,787
- Debts after one year -€84,628
down €84,628 (-11.0%), from €769,441 to €684,812
- Other debts +€70,390
up €70,390 (+19,561%), from €360 to €70,750
- Trade debts -€55,156
down €55,156 (-83.1%), from €66,394 to €11,238
- Accrued charges and deferred income -€34,136
down €34,136 (-11.7%), from €292,264 to €258,128
- Gross operating margin +€93,455
up €93,455 (+32.7%), from €285,367 to €378,822
- Depreciation +€27,353
up €27,353 (+13.8%), from €198,431 to €225,784
- Staff costs +€22,006
up €22,006 (+73.3%), from €30,037 to €52,043
- Taxes -€4,810
no longer reported in 2025 (was €4,810)
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 | €2,728,175 | €2,634,600 | -€93,576 | -3.4% |
| Fixed assets | 21/28 | €2,473,426 | €2,314,721 | -€158,705 | -6.4% |
| Tangible fixed assets | 22/27 | €2,370,550 | €2,211,845 | -€158,705 | -6.7% |
| Land and buildings | 22 | €2,006,157 | €1,921,010 | -€85,146 | -4.2% |
| Plant, machinery and equipment | 23 | €363,124 | €289,822 | -€73,302 | -20.2% |
| Furniture and vehicles | 24 | €1,270 | €1,013 | -€257 | -20.2% |
| Financial fixed assets | 28 | €102,876 | €102,876 | = | 0.0% |
| Current assets | 29/58 | €254,750 | €319,879 | +€65,129 | +25.6% |
| Amounts receivable within one year | 40/41 | €195,727 | €255,429 | +€59,702 | +30.5% |
| Trade receivables | 40 | €56,509 | €75,424 | +€18,915 | +33.5% |
| Other amounts receivable | 41 | €139,218 | €180,005 | +€40,787 | +29.3% |
| Cash at bank and in hand | 54/58 | €53,933 | €55,649 | +€1,716 | +3.2% |
| Deferred charges and accrued income | 490/1 | €5,089 | €8,800 | +€3,711 | +72.9% |
| Total equity and liabilities | 10/49 | €2,728,175 | €2,634,600 | -€93,576 | -3.4% |
| Equity | 10/15 | €1,508,940 | €1,514,037 | +€5,097 | +0.3% |
| Contributions | 10/11 | €291,275 | €291,275 | = | 0.0% |
| Capital | 10 | €291,275 | €291,275 | = | 0.0% |
| Issued capital | 100 | €291,275 | €291,275 | = | 0.0% |
| Revaluation surpluses | 12 | €429,956 | €429,956 | = | 0.0% |
| Reserves | 13 | €787,709 | €792,806 | +€5,097 | +0.6% |
| Non-distributable reserves | 130/1 | €29,128 | €29,128 | = | 0.0% |
| Legal reserve | 130 | €29,128 | €29,128 | = | 0.0% |
| Distributable reserves | 133 | €758,581 | €763,678 | +€5,097 | +0.7% |
| Amounts payable | 17/49 | €1,219,235 | €1,120,563 | -€98,672 | -8.1% |
| Amounts payable after more than one year | 17 | €769,441 | €684,812 | -€84,628 | -11.0% |
| Financial debts | 170/4 | €769,441 | €684,812 | -€84,628 | -11.0% |
| Amounts payable within one year | 42/48 | €157,531 | €177,623 | +€20,092 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €82,414 | €84,628 | +€2,214 | +2.7% |
| Trade debts | 44 | €66,394 | €11,238 | -€55,156 | -83.1% |
| Suppliers | 440/4 | €66,394 | €11,238 | -€55,156 | -83.1% |
| Taxes, remuneration and social security | 45 | €8,363 | €11,006 | +€2,644 | +31.6% |
| Taxes | 450/3 | €3,963 | €6,364 | +€2,401 | +60.6% |
| Remuneration and social security | 454/9 | €4,400 | €4,642 | +€243 | +5.5% |
| Other amounts payable | 47/48 | €360 | €70,750 | +€70,390 | +19,561% |
| Accrued charges and deferred income | 492/3 | €292,264 | €258,128 | -€34,136 | -11.7% |
| Remuneration, social security and pensions | 62 | €30,037 | €52,043 | +€22,006 | +73.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €198,431 | €225,784 | +€27,353 | +13.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€200 | -€200 | |
| Other operating charges | 640/8 | €23,067 | €23,522 | +€455 | +2.0% |
| Gross operating margin | 9900 | €285,367 | €378,822 | +€93,455 | +32.7% |
| Operating profit (loss) | 9901 | €33,832 | €77,673 | +€43,841 | +130% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €19,596 | €22,576 | +€2,980 | +15.2% |
| Recurring financial charges | 65 | €19,596 | €22,576 | +€2,980 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €14,236 | €55,097 | +€40,861 | +287% |
| Income taxes | 67/77 | €4,810 | - | -€4,810 | |
| Profit (loss) for the period | 9904 | €9,426 | €55,097 | +€45,671 | +485% |
| Profit (loss) for the period to be appropriated | 9905 | €9,426 | €55,097 | +€45,671 | +485% |
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 30 October 2026 via checked.be.