LOVELY LOOKS: 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.
LOVELY LOOKS
Largest movements
- Tangible fixed assets +€53,737
up €53,737 (+753%), from €7,133 to €60,870
of which Furniture and vehicles: +€47,640
- Receivables within one year -€21,823
down €21,823 (-47.3%), from €46,166 to €24,343
of which Trade receivables: -€24,795
- Cash +€11,228
up €11,228 (+6.6%), from €170,017 to €181,245
mainly Net result for the year (+€31,980) and Receivables within one year (+€21,823)
- Reserves +€31,980
up €31,980 (+26.1%), from €122,578 to €154,558
- Other debts +€6,525
up €6,525 (+16.0%), from €40,700 to €47,225
- Tax, wage and social debts +€2,955
up €2,955 (+29.5%), from €10,013 to €12,968
- Depreciation +€6,306
up €6,306 (+91.1%), from €6,925 to €13,231
- Taxes -€5,419
down €5,419 (-34.4%), from €15,751 to €10,333
- Gross operating margin +€1,376
up €1,376 (+2.5%), from €54,470 to €55,846
- Financial income +€1,123
up €1,123 (+3,742,033%), from €0 to €1,123
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 | €225,264 | €267,168 | +€41,904 | +18.6% |
| Fixed assets | 21/28 | €7,133 | €60,870 | +€53,737 | +753% |
| Tangible fixed assets | 22/27 | €7,133 | €60,870 | +€53,737 | +753% |
| Plant, machinery and equipment | 23 | €4,410 | €8,458 | +€4,047 | +91.8% |
| Furniture and vehicles | 24 | €2,723 | €50,363 | +€47,640 | +1,750% |
| Other tangible fixed assets | 26 | - | €2,049 | +€2,049 | |
| Current assets | 29/58 | €218,131 | €206,298 | -€11,833 | -5.4% |
| Amounts receivable within one year | 40/41 | €46,166 | €24,343 | -€21,823 | -47.3% |
| Trade receivables | 40 | €44,471 | €19,676 | -€24,795 | -55.8% |
| Other amounts receivable | 41 | €1,695 | €4,667 | +€2,972 | +175% |
| Cash at bank and in hand | 54/58 | €170,017 | €181,245 | +€11,228 | +6.6% |
| Deferred charges and accrued income | 490/1 | €1,948 | €710 | -€1,238 | -63.5% |
| Total equity and liabilities | 10/49 | €225,264 | €267,168 | +€41,904 | +18.6% |
| Equity | 10/15 | €153,823 | €185,804 | +€31,980 | +20.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €122,578 | €154,558 | +€31,980 | +26.1% |
| Distributable reserves | 133 | €122,578 | €154,558 | +€31,980 | +26.1% |
| Profit (loss) carried forward | 14 | €18,846 | €18,846 | = | 0.0% |
| Amounts payable | 17/49 | €71,440 | €81,364 | +€9,924 | +13.9% |
| Amounts payable within one year | 42/48 | €68,440 | €78,364 | +€9,924 | +14.5% |
| Trade debts | 44 | €17,727 | €18,171 | +€444 | +2.5% |
| Suppliers | 440/4 | €17,727 | €18,171 | +€444 | +2.5% |
| Taxes, remuneration and social security | 45 | €10,013 | €12,968 | +€2,955 | +29.5% |
| Taxes | 450/3 | €10,013 | €12,968 | +€2,955 | +29.5% |
| Other amounts payable | 47/48 | €40,700 | €47,225 | +€6,525 | +16.0% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €25,070 | +€25,070 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,925 | €13,231 | +€6,306 | +91.1% |
| Other operating charges | 640/8 | €1,492 | €1,290 | -€202 | -13.5% |
| Gross operating margin | 9900 | €54,470 | €55,846 | +€1,376 | +2.5% |
| Operating profit (loss) | 9901 | €46,053 | €41,325 | -€4,729 | -10.3% |
| Financial income | 75/76B | €0 | €1,123 | +€1,123 | +3,742,033% |
| Recurring financial income | 75 | €0 | €1,123 | +€1,123 | +3,742,033% |
| Financial charges | 65/66B | €130 | €134 | +€5 | +3.5% |
| Recurring financial charges | 65 | €130 | €134 | +€5 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €45,924 | €42,313 | -€3,611 | -7.9% |
| Income taxes | 67/77 | €15,751 | €10,333 | -€5,419 | -34.4% |
| Profit (loss) for the period | 9904 | €30,172 | €31,980 | +€1,808 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,172 | €31,980 | +€1,808 | +6.0% |
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.