Lovicon: 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.
Lovicon
Largest movements
- Cash +€29,496
up €29,496 (+561.6%), from €5,252 to €34,748
mainly Net result for the year (+€28,160) and Receivables within one year (+€8,922)
- Tangible fixed assets +€11,721
new in 2025: €11,721
- Receivables within one year -€8,922
down €8,922 (-97.2%), from €9,183 to €261
of which Trade receivables: -€8,922
- Reserves +€28,160
up €28,160 (+470.0%), from €5,992 to €34,152
- Trade debts +€6,304
new in 2025: €6,304
- Tax, wage and social debts -€2,169
down €2,169 (-36.5%), from €5,943 to €3,774
- Gross operating margin +€28,862
up €28,862 (+373.3%), from €7,731 to €36,593
- Taxes +€6,042
up €6,042 (+347.4%), from €1,739 to €7,781
- Depreciation +€584
new in 2025: €584
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 | €14,435 | €46,730 | +€32,295 | +223.7% |
| Fixed assets | 21/28 | - | €11,721 | +€11,721 | |
| Tangible fixed assets | 22/27 | - | €11,721 | +€11,721 | |
| Land and buildings | 22 | - | €11,721 | +€11,721 | |
| Current assets | 29/58 | €14,435 | €35,009 | +€20,574 | +142.5% |
| Amounts receivable within one year | 40/41 | €9,183 | €261 | -€8,922 | -97.2% |
| Trade receivables | 40 | €8,922 | - | -€8,922 | |
| Other amounts receivable | 41 | €261 | €261 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,252 | €34,748 | +€29,496 | +561.6% |
| Total equity and liabilities | 10/49 | €14,435 | €46,730 | +€32,295 | +223.7% |
| Equity | 10/15 | €8,492 | €36,652 | +€28,160 | +331.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €5,992 | €34,152 | +€28,160 | +470.0% |
| Distributable reserves | 133 | €5,992 | €34,152 | +€28,160 | +470.0% |
| Amounts payable | 17/49 | €5,943 | €10,078 | +€4,135 | +69.6% |
| Amounts payable within one year | 42/48 | €5,943 | €10,078 | +€4,135 | +69.6% |
| Trade debts | 44 | - | €6,304 | +€6,304 | |
| Suppliers | 440/4 | - | €6,304 | +€6,304 | |
| Taxes, remuneration and social security | 45 | €5,943 | €3,774 | -€2,169 | -36.5% |
| Taxes | 450/3 | €5,943 | €3,774 | -€2,169 | -36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €584 | +€584 | |
| Gross operating margin | 9900 | €7,731 | €36,593 | +€28,862 | +373.3% |
| Operating profit (loss) | 9901 | €7,731 | €36,009 | +€28,278 | +365.8% |
| Financial charges | 65/66B | - | €68 | +€68 | |
| Recurring financial charges | 65 | - | €68 | +€68 | |
| Profit (loss) for the period before taxes | 9903 | €7,731 | €35,941 | +€28,210 | +364.9% |
| Income taxes | 67/77 | €1,739 | €7,781 | +€6,042 | +347.4% |
| Profit (loss) for the period | 9904 | €5,992 | €28,160 | +€22,168 | +370.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,992 | €28,160 | +€22,168 | +370.0% |
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 12 October 2026 via checked.be.