Lovidis: 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.
Lovidis
Largest movements
- Receivables within one year +€3,649
up €3,649 (+580%), from €629 to €4,278
of which Trade receivables: +€3,696
- Cash -€1,149
down €1,149 (-3.2%), from €36,245 to €35,096
mainly Receivables within one year (-€3,649) and Net result for the year (-€1,279)
- Trade debts +€3,780
new in 2025: €3,780
- Reserves -€1,279
down €1,279 (-4.9%), from €26,012 to €24,733
- Gross operating margin -€35,232
down €35,232 (-96.1%), from €36,666 to €1,434
- Taxes -€6,503
down €6,503 (-100%), from €6,503 to €0
- Financial charges -€2,941
down €2,941 (-87.0%), from €3,380 to €439
- Other operating charges +€1,503
up €1,503 (+195%), from €772 to €2,275
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 | €36,874 | €39,375 | +€2,501 | +6.8% |
| Current assets | 29/58 | €36,874 | €39,375 | +€2,501 | +6.8% |
| Amounts receivable within one year | 40/41 | €629 | €4,278 | +€3,649 | +580% |
| Trade receivables | 40 | €281 | €3,978 | +€3,696 | +1,313% |
| Other amounts receivable | 41 | €348 | €301 | -€47 | -13.4% |
| Cash at bank and in hand | 54/58 | €36,245 | €35,096 | -€1,149 | -3.2% |
| Total equity and liabilities | 10/49 | €36,874 | €39,375 | +€2,501 | +6.8% |
| Equity | 10/15 | €29,012 | €27,733 | -€1,279 | -4.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €26,012 | €24,733 | -€1,279 | -4.9% |
| Distributable reserves | 133 | €26,012 | €24,733 | -€1,279 | -4.9% |
| Amounts payable | 17/49 | €7,862 | €11,642 | +€3,780 | +48.1% |
| Amounts payable within one year | 42/48 | €7,862 | €11,642 | +€3,780 | +48.1% |
| Trade debts | 44 | - | €3,780 | +€3,780 | |
| Suppliers | 440/4 | - | €3,780 | +€3,780 | |
| Taxes, remuneration and social security | 45 | €6,503 | €6,503 | = | 0.0% |
| Taxes | 450/3 | €6,503 | €6,503 | = | 0.0% |
| Other amounts payable | 47/48 | €1,359 | €1,359 | = | 0.0% |
| Other operating charges | 640/8 | €772 | €2,275 | +€1,503 | +195% |
| Gross operating margin | 9900 | €36,666 | €1,434 | -€35,232 | -96.1% |
| Operating profit (loss) | 9901 | €35,895 | -€840 | -€36,735 | |
| Financial charges | 65/66B | €3,380 | €439 | -€2,941 | -87.0% |
| Recurring financial charges | 65 | €3,380 | €439 | -€2,941 | -87.0% |
| Profit (loss) for the period before taxes | 9903 | €32,515 | -€1,279 | -€33,794 | |
| Income taxes | 67/77 | €6,503 | €0 | -€6,503 | -100% |
| Profit (loss) for the period | 9904 | €26,012 | -€1,279 | -€27,291 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,012 | -€1,279 | -€27,291 |
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 19 October 2026 via checked.be.