LOVIBOND DRINKS: 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.
LOVIBOND DRINKS
Largest movements
- Receivables within one year +€118,995
up €118,995 (+54.8%), from €217,083 to €336,078
of which Trade receivables: +€139,261
- Financial fixed assets +€33,715
up €33,715 (+14984.6%), from €225 to €33,940
- Stocks and contracts +€10,693
up €10,693 (+29.1%), from €36,723 to €47,417
- Cash +€9,221
up €9,221 (+14.5%), from €63,807 to €73,028
mainly Trade debts (+€77,353) and Tax, wage and social debts (+€33,066)
- Intangible fixed assets -€5,646
down €5,646 (-43.3%), from €13,033 to €7,387
- Trade debts +€77,353
up €77,353 (+52.3%), from €147,871 to €225,224
of which Suppliers: +€72,325
- Tax, wage and social debts +€33,066
up €33,066 (+313.5%), from €10,546 to €43,612
of which Taxes: +€19,036
- Profit (loss) carried forward +€30,846
up €30,846 (+3400.8%), from €907 to €31,753
- Debts after one year +€29,514
up €29,514 (+32.3%), from €91,482 to €120,996
- Gross operating margin +€147,736
up €147,736 (+123.7%), from €119,395 to €267,131
- Staff costs +€101,984
up €101,984 (+312.8%), from €32,605 to €134,588
- Other operating charges +€20,176
up €20,176 (+46.0%), from €43,830 to €64,006
- Taxes +€13,860
up €13,860 (+10743.2%), from €129 to €13,989
- Financial charges +€8,717
up €8,717 (+145.1%), from €6,008 to €14,725
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 | €365,247 | €537,007 | +€171,760 | +47.0% |
| Fixed assets | 21/28 | €23,531 | €53,093 | +€29,562 | +125.6% |
| Intangible fixed assets | 21 | €13,033 | €7,387 | -€5,646 | -43.3% |
| Tangible fixed assets | 22/27 | €10,273 | €11,766 | +€1,492 | +14.5% |
| Furniture and vehicles | 24 | €7,920 | €9,813 | +€1,893 | +23.9% |
| Other tangible fixed assets | 26 | €2,354 | €1,953 | -€401 | -17.0% |
| Financial fixed assets | 28 | €225 | €33,940 | +€33,715 | +14984.6% |
| Current assets | 29/58 | €341,716 | €483,913 | +€142,198 | +41.6% |
| Stocks and contracts in progress | 3 | €36,723 | €47,417 | +€10,693 | +29.1% |
| Stocks | 30/36 | €36,723 | €47,417 | +€10,693 | +29.1% |
| Amounts receivable within one year | 40/41 | €217,083 | €336,078 | +€118,995 | +54.8% |
| Trade receivables | 40 | €155,098 | €294,360 | +€139,261 | +89.8% |
| Other amounts receivable | 41 | €61,985 | €41,719 | -€20,266 | -32.7% |
| Cash at bank and in hand | 54/58 | €63,807 | €73,028 | +€9,221 | +14.5% |
| Deferred charges and accrued income | 490/1 | €24,102 | €27,390 | +€3,288 | +13.6% |
| Total equity and liabilities | 10/49 | €365,247 | €537,007 | +€171,760 | +47.0% |
| Equity | 10/15 | €67,271 | €98,117 | +€30,846 | +45.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €45,904 | €45,904 | = | 0.0% |
| Distributable reserves | 133 | €45,904 | €45,904 | = | 0.0% |
| Profit (loss) carried forward | 14 | €907 | €31,753 | +€30,846 | +3400.8% |
| Amounts payable | 17/49 | €297,976 | €438,889 | +€140,913 | +47.3% |
| Amounts payable after more than one year | 17 | €91,482 | €120,996 | +€29,514 | +32.3% |
| Financial debts | 170/4 | €91,482 | €120,996 | +€29,514 | +32.3% |
| Amounts payable within one year | 42/48 | €201,893 | €317,576 | +€115,683 | +57.3% |
| Current portion of amounts payable after more than one year | 42 | €19,988 | €20,486 | +€498 | +2.5% |
| Financial debts | 43 | €199 | - | -€199 | |
| Credit institutions | 430/8 | €199 | - | -€199 | |
| Trade debts | 44 | €147,871 | €225,224 | +€77,353 | +52.3% |
| Suppliers | 440/4 | €147,871 | €220,196 | +€72,325 | +48.9% |
| Bills of exchange payable | 441 | - | €5,028 | +€5,028 | |
| Taxes, remuneration and social security | 45 | €10,546 | €43,612 | +€33,066 | +313.5% |
| Taxes | 450/3 | €1,613 | €20,649 | +€19,036 | +1180.2% |
| Remuneration and social security | 454/9 | €8,933 | €22,963 | +€14,030 | +157.1% |
| Other amounts payable | 47/48 | €23,290 | €28,254 | +€4,964 | +21.3% |
| Accrued charges and deferred income | 492/3 | €4,600 | €317 | -€4,283 | -93.1% |
| Remuneration, social security and pensions | 62 | €32,605 | €134,588 | +€101,984 | +312.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,624 | €9,630 | +€1,005 | +11.7% |
| Other operating charges | 640/8 | €43,830 | €64,006 | +€20,176 | +46.0% |
| Non-recurring operating charges | 66A | - | €1,006 | +€1,006 | |
| Gross operating margin | 9900 | €119,395 | €267,131 | +€147,736 | +123.7% |
| Operating profit (loss) | 9901 | €34,336 | €57,902 | +€23,565 | +68.6% |
| Financial income | 75/76B | €3,470 | €1,658 | -€1,812 | -52.2% |
| Recurring financial income | 75 | €3,470 | €1,658 | -€1,812 | -52.2% |
| Financial charges | 65/66B | €6,008 | €14,725 | +€8,717 | +145.1% |
| Recurring financial charges | 65 | €6,008 | €14,725 | +€8,717 | +145.1% |
| Profit (loss) for the period before taxes | 9903 | €31,798 | €44,835 | +€13,037 | +41.0% |
| Income taxes | 67/77 | €129 | €13,989 | +€13,860 | +10743.2% |
| Profit (loss) for the period | 9904 | €31,669 | €30,846 | -€823 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,669 | €30,846 | -€823 | -2.6% |
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 10 October 2026 via checked.be.