Lovibond Design: what changed
What changed
Lovibond Design
NACE 74.112, Other professional, scientific and technical activities
filed annual accounts (NBB)
Net result for the year
€85,666
2024 · €15,100+€70,566
Equity
€125,473
2024 · €39,806+€85,666
Cash
€73,993
2024 · €6,372+€67,621
Balance sheet total
€201,958
2024 · €68,098+€133,861
Largest movements
Assets
- Cash +€67,621
up €67,621 (+1,061%), from €6,372 to €73,993
mainly Net result for the year (+€85,666) and Trade debts (+€26,931)
- Receivables within one year +€67,271
up €67,271 (+111%), from €60,396 to €127,667
of which Trade receivables: +€55,445
Equity and liabilities
- Reserves +€85,000
up €85,000 (+230%), from €37,000 to €122,000
- Trade debts +€26,931
up €26,931 (+260%), from €10,366 to €37,297
- Tax, wage and social debts +€21,264
up €21,264 (+119%), from €17,925 to €39,189
Income statement
- Gross operating margin +€96,114
up €96,114 (+570%), from €16,848 to €112,962
- Taxes +€25,678
new in 2025: €25,678
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€15,100
Gross operating margin
+€96,114
Depreciation
+€228
Other operating charges
-€142
Other operating items
-€166
Financial income
+€415
Financial charges
-€204
Taxes
-€25,678
Result 2025
€85,666
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€67,455
Investment
+€166
Financing
€0
Cash 2024
€6,372
From operations (derived)
+€67,455
Net result for the year
+€85,666
Depreciation
+€865
Receivables within one year
-€67,271
Trade debts
+€26,931
Tax, wage and social debts
+€21,264
Investment (derived)
+€166
Investment in fixed assets (net)
+€166
Cash 2025
€73,993
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,098 | €201,958 | +€133,861 | +197% |
| Fixed assets | 21/28 | €1,329 | €298 | -€1,031 | -77.6% |
| Tangible fixed assets | 22/27 | €1,329 | €298 | -€1,031 | -77.6% |
| Furniture and vehicles | 24 | €1,329 | €298 | -€1,031 | -77.6% |
| Current assets | 29/58 | €66,768 | €201,660 | +€134,892 | +202% |
| Amounts receivable within one year | 40/41 | €60,396 | €127,667 | +€67,271 | +111% |
| Trade receivables | 40 | €56,573 | €112,018 | +€55,445 | +98.0% |
| Other amounts receivable | 41 | €3,824 | €15,650 | +€11,826 | +309% |
| Cash at bank and in hand | 54/58 | €6,372 | €73,993 | +€67,621 | +1,061% |
| Total equity and liabilities | 10/49 | €68,098 | €201,958 | +€133,861 | +197% |
| Equity | 10/15 | €39,806 | €125,473 | +€85,666 | +215% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €37,000 | €122,000 | +€85,000 | +230% |
| Distributable reserves | 133 | €37,000 | €122,000 | +€85,000 | +230% |
| Profit (loss) carried forward | 14 | €306 | €973 | +€666 | +217% |
| Amounts payable | 17/49 | €28,291 | €76,486 | +€48,195 | +170% |
| Amounts payable within one year | 42/48 | €28,291 | €76,486 | +€48,195 | +170% |
| Trade debts | 44 | €10,366 | €37,297 | +€26,931 | +260% |
| Suppliers | 440/4 | €10,366 | €37,297 | +€26,931 | +260% |
| Taxes, remuneration and social security | 45 | €17,925 | €39,189 | +€21,264 | +119% |
| Taxes | 450/3 | €17,925 | €39,189 | +€21,264 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,092 | €865 | -€228 | -20.8% |
| Other operating charges | 640/8 | €656 | €798 | +€142 | +21.7% |
| Non-recurring operating charges | 66A | - | €166 | +€166 | |
| Gross operating margin | 9900 | €16,848 | €112,962 | +€96,114 | +570% |
| Operating profit (loss) | 9901 | €15,100 | €111,133 | +€96,033 | +636% |
| Financial income | 75/76B | - | €415 | +€415 | |
| Recurring financial income | 75 | - | €415 | +€415 | |
| Financial charges | 65/66B | - | €204 | +€204 | |
| Recurring financial charges | 65 | - | €204 | +€204 | |
| Profit (loss) for the period before taxes | 9903 | €15,100 | €111,344 | +€96,244 | +637% |
| Income taxes | 67/77 | - | €25,678 | +€25,678 | |
| Profit (loss) for the period | 9904 | €15,100 | €85,666 | +€70,566 | +467% |
| Profit (loss) for the period to be appropriated | 9905 | €15,100 | €85,666 | +€70,566 | +467% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.