LOVERIX: 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.
LOVERIX
Largest movements
- Cash +€761,931
up €761,931 (+131.7%), from €578,516 to €1.3m
mainly Depreciation (+€383,175) and Trade debts (+€325,247)
- Tangible fixed assets -€335,081
down €335,081 (-15.8%), from €2.1m to €1.8m
- Stocks and contracts -€251,656
down €251,656 (-46.0%), from €546,839 to €295,183
- Trade debts +€325,247
up €325,247 (+27.8%), from €1.2m to €1.5m
- Debts after one year -€162,096
down €162,096 (-22.0%), from €736,923 to €574,826
- Reserves +€128,006
up €128,006 (+6.1%), from €2.1m to €2.2m
of which Distributable reserves: +€128,006
- Current portion of long-term debt -€69,064
down €69,064 (-31.6%), from €218,731 to €149,667
- Staff costs -€32,304
down €32,304 (-17.5%), from €184,572 to €152,267
- Other operating charges -€29,839
down €29,839 (-52.8%), from €56,495 to €26,656
- Gross operating margin -€24,076
down €24,076 (-3.0%), from €811,090 to €787,014
- Depreciation -€19,384
down €19,384 (-4.8%), from €402,559 to €383,175
- Financial charges -€15,364
down €15,364 (-27.4%), from €56,163 to €40,799
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 | €4,603,496 | €4,829,443 | +€225,947 | +4.9% |
| Fixed assets | 21/28 | €2,114,836 | €1,779,755 | -€335,081 | -15.8% |
| Tangible fixed assets | 22/27 | €2,114,836 | €1,779,755 | -€335,081 | -15.8% |
| Land and buildings | 22 | €1,092,861 | €993,901 | -€98,960 | -9.1% |
| Plant, machinery and equipment | 23 | €723,940 | €598,956 | -€124,984 | -17.3% |
| Furniture and vehicles | 24 | €56,310 | €60,713 | +€4,403 | +7.8% |
| Leasing and similar rights | 25 | €229,225 | €113,685 | -€115,540 | -50.4% |
| Assets under construction and advance payments | 27 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €2,488,660 | €3,049,687 | +€561,028 | +22.5% |
| Stocks and contracts in progress | 3 | €546,839 | €295,183 | -€251,656 | -46.0% |
| Stocks | 30/36 | €546,839 | €295,183 | -€251,656 | -46.0% |
| Amounts receivable within one year | 40/41 | €1,295,091 | €1,314,722 | +€19,631 | +1.5% |
| Trade receivables | 40 | €1,234,108 | €1,226,481 | -€7,627 | -0.6% |
| Other amounts receivable | 41 | €60,983 | €88,241 | +€27,258 | +44.7% |
| Current investments | 50/53 | €65,446 | €95,524 | +€30,078 | +46.0% |
| Cash at bank and in hand | 54/58 | €578,516 | €1,340,447 | +€761,931 | +131.7% |
| Deferred charges and accrued income | 490/1 | €2,769 | €3,811 | +€1,043 | +37.7% |
| Total equity and liabilities | 10/49 | €4,603,496 | €4,829,443 | +€225,947 | +4.9% |
| Equity | 10/15 | €2,297,881 | €2,425,888 | +€128,006 | +5.6% |
| Contributions | 10/11 | €185,500 | €185,500 | = | 0.0% |
| Capital | 10 | €185,500 | €185,500 | = | 0.0% |
| Issued capital | 100 | €185,500 | €185,500 | = | 0.0% |
| Reserves | 13 | €2,112,381 | €2,240,388 | +€128,006 | +6.1% |
| Non-distributable reserves | 130/1 | €18,550 | €18,550 | = | 0.0% |
| Legal reserve | 130 | €18,550 | €18,550 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €2,056,331 | €2,184,338 | +€128,006 | +6.2% |
| Amounts payable | 17/49 | €2,305,615 | €2,403,555 | +€97,940 | +4.2% |
| Amounts payable after more than one year | 17 | €736,923 | €574,826 | -€162,096 | -22.0% |
| Financial debts | 170/4 | €736,923 | €574,826 | -€162,096 | -22.0% |
| Amounts payable within one year | 42/48 | €1,568,693 | €1,828,729 | +€260,037 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €218,731 | €149,667 | -€69,064 | -31.6% |
| Trade debts | 44 | €1,168,668 | €1,493,916 | +€325,247 | +27.8% |
| Suppliers | 440/4 | €1,168,668 | €1,493,916 | +€325,247 | +27.8% |
| Taxes, remuneration and social security | 45 | €25,718 | €25,888 | +€170 | +0.7% |
| Taxes | 450/3 | €1,723 | €13,494 | +€11,771 | +683.1% |
| Remuneration and social security | 454/9 | €23,995 | €12,394 | -€11,600 | -48.3% |
| Other amounts payable | 47/48 | €155,576 | €159,258 | +€3,682 | +2.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Remuneration, social security and pensions | 62 | €184,572 | €152,267 | -€32,304 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €402,559 | €383,175 | -€19,384 | -4.8% |
| Other operating charges | 640/8 | €56,495 | €26,656 | -€29,839 | -52.8% |
| Non-recurring operating charges | 66A | - | €3,561 | +€3,561 | |
| Gross operating margin | 9900 | €811,090 | €787,014 | -€24,076 | -3.0% |
| Operating profit (loss) | 9901 | €167,465 | €221,354 | +€53,890 | +32.2% |
| Financial income | 75/76B | €5,330 | €5,932 | +€602 | +11.3% |
| Recurring financial income | 75 | €5,330 | €5,932 | +€602 | +11.3% |
| Financial charges | 65/66B | €56,163 | €40,799 | -€15,364 | -27.4% |
| Recurring financial charges | 65 | €56,163 | €40,799 | -€15,364 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €116,631 | €186,487 | +€69,856 | +59.9% |
| Income taxes | 67/77 | €43,549 | €58,481 | +€14,931 | +34.3% |
| Profit (loss) for the period | 9904 | €73,082 | €128,006 | +€54,925 | +75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,082 | €128,006 | +€54,925 | +75.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.