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LOVDRY: 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.

What changed

LOVDRY

BE 0779.748.554
NACE 13.990, Manufacture of textiles
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€5,629
2024 · -€8,572+€2,943
Equity
-€19,117
2024 · -€13,488-€5,629
Cash
€119
2024 · €134-€15
Balance sheet total
€46,281
2024 · €52,255-€5,973

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€3,691

    down €3,691 (-12.7%), from €29,163 to €25,472

  • Receivables within one year -€1,092

    down €1,092 (-23.8%), from €4,592 to €3,500

    of which Other amounts receivable: -€939

  • Intangible fixed assets -€1,025

    down €1,025 (-37.7%), from €2,720 to €1,695

Equity and liabilities
  • Profit (loss) carried forward -€5,629

    down €5,629 (-34.1%), from -€16,488 to -€22,117

  • Other debts -€1,532

    down €1,532 (-2.7%), from €56,433 to €54,901

  • Tax, wage and social debts +€893

    new in 2025: €893

Income statement
  • Gross operating margin +€2,523

    up €2,523 (+99.4%), from -€2,539 to -€16

  • Other operating charges -€386

    down €386 (-49.9%), from €773 to €387

  • Financial charges -€84

    down €84 (-60.8%), from €138 to €54

  • Depreciation +€49

    up €49 (+1.0%), from €5,122 to €5,172

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€8,572
Gross operating margin +€2,523
Depreciation -€49
Other operating charges +€386
Financial charges +€84
Result 2025 -€5,629

Cash bridge derived

cash 2024 to 2025

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.

From operations +€233
Investment -€248
Financing €0
Cash 2024 €134
Net result for the year -€5,629
Depreciation +€5,172
Stocks and contracts -€57
Receivables within one year +€1,092
Trade debts +€295
Tax, wage and social debts +€893
Other debts -€1,532
Investment in fixed assets (net) -€248
Cash 2025 €119
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €52,255 €46,281 -€5,973 -11.4%
Formation expenses 20 €479 €271 -€208 -43.5%
Fixed assets 21/28 €31,883 €27,167 -€4,716 -14.8%
Intangible fixed assets 21 €2,720 €1,695 -€1,025 -37.7%
Tangible fixed assets 22/27 €29,163 €25,472 -€3,691 -12.7%
Plant, machinery and equipment 23 €29,163 €25,472 -€3,691 -12.7%
Current assets 29/58 €19,892 €18,843 -€1,049 -5.3%
Stocks and contracts in progress 3 €15,167 €15,224 +€57 +0.4%
Stocks 30/36 €15,167 €15,224 +€57 +0.4%
Amounts receivable within one year 40/41 €4,592 €3,500 -€1,092 -23.8%
Trade receivables 40 €3,652 €3,500 -€152 -4.2%
Other amounts receivable 41 €939 - -€939
Cash at bank and in hand 54/58 €134 €119 -€15 -11.2%
Total equity and liabilities 10/49 €52,255 €46,281 -€5,973 -11.4%
Equity 10/15 -€13,488 -€19,117 -€5,629 -41.7%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 -€16,488 -€22,117 -€5,629 -34.1%
Amounts payable 17/49 €65,743 €65,399 -€344 -0.5%
Amounts payable within one year 42/48 €65,743 €65,399 -€344 -0.5%
Trade debts 44 €9,311 €9,605 +€295 +3.2%
Suppliers 440/4 €9,311 €9,605 +€295 +3.2%
Taxes, remuneration and social security 45 - €893 +€893
Taxes 450/3 - €893 +€893
Other amounts payable 47/48 €56,433 €54,901 -€1,532 -2.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,122 €5,172 +€49 +1.0%
Other operating charges 640/8 €773 €387 -€386 -49.9%
Gross operating margin 9900 -€2,539 -€16 +€2,523 +99.4%
Operating profit (loss) 9901 -€8,435 -€5,575 +€2,859 +33.9%
Financial charges 65/66B €138 €54 -€84 -60.8%
Recurring financial charges 65 €138 €54 -€84 -60.8%
Profit (loss) for the period before taxes 9903 -€8,572 -€5,629 +€2,943 +34.3%
Profit (loss) for the period 9904 -€8,572 -€5,629 +€2,943 +34.3%
Profit (loss) for the period to be appropriated 9905 -€8,572 -€5,629 +€2,943 +34.3%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.