LOVIEHOEVE: 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.
LOVIEHOEVE
Largest movements
- Tangible fixed assets -€29,477
down €29,477 (-14.3%), from €206,851 to €177,374
of which Land and buildings: -€28,455
- Receivables after one year +€7,500
new in 2025: €7,500
- Receivables within one year +€6,236
up €6,236 (+35.6%), from €17,514 to €23,750
- Cash +€2,716
up €2,716 (+110%), from €2,464 to €5,180
mainly Depreciation (+€29,477) and Contributions, distributions and other (+€11,936)
- Reserves -€14,768
down €14,768 (-57.5%), from €25,686 to €10,917
- Other debts +€5,636
up €5,636 (+6.4%), from €88,256 to €93,892
- Provisions -€4,436
down €4,436 (-57.5%), from €7,716 to €3,279
- Profit (loss) carried forward +€4,028
up €4,028 (+3.8%), from -€104,750 to -€100,721
- Current portion of long-term debt -€2,628
down €2,628 (-50.3%), from €5,229 to €2,601
- Gross operating margin +€2,024
up €2,024 (+26.2%), from €7,729 to €9,753
- Other operating charges +€387
up €387 (+19.5%), from €1,978 to €2,365
- Financial charges +€380
up €380 (+182%), from €208 to €588
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 | €226,829 | €213,805 | -€13,025 | -5.7% |
| Fixed assets | 21/28 | €206,851 | €177,374 | -€29,477 | -14.3% |
| Tangible fixed assets | 22/27 | €206,851 | €177,374 | -€29,477 | -14.3% |
| Land and buildings | 22 | €147,525 | €119,069 | -€28,455 | -19.3% |
| Furniture and vehicles | 24 | €2,508 | €1,486 | -€1,022 | -40.8% |
| Other tangible fixed assets | 26 | €56,819 | €56,819 | = | 0.0% |
| Current assets | 29/58 | €19,978 | €36,430 | +€16,452 | +82.4% |
| Amounts receivable after more than one year | 29 | - | €7,500 | +€7,500 | |
| Trade receivables | 290 | - | €7,500 | +€7,500 | |
| Amounts receivable within one year | 40/41 | €17,514 | €23,750 | +€6,236 | +35.6% |
| Other amounts receivable | 41 | €17,514 | €23,750 | +€6,236 | +35.6% |
| Cash at bank and in hand | 54/58 | €2,464 | €5,180 | +€2,716 | +110% |
| Total equity and liabilities | 10/49 | €226,829 | €213,805 | -€13,025 | -5.7% |
| Equity | 10/15 | €123,056 | €112,316 | -€10,740 | -8.7% |
| Contributions | 10/11 | €202,120 | €202,120 | = | 0.0% |
| Reserves | 13 | €25,686 | €10,917 | -€14,768 | -57.5% |
| Tax-exempt reserves | 132 | €25,686 | €10,917 | -€14,768 | -57.5% |
| Profit (loss) carried forward | 14 | -€104,750 | -€100,721 | +€4,028 | +3.8% |
| Provisions and deferred taxes | 16 | €7,716 | €3,279 | -€4,436 | -57.5% |
| Deferred taxes | 168 | €7,716 | €3,279 | -€4,436 | -57.5% |
| Amounts payable | 17/49 | €96,057 | €98,209 | +€2,152 | +2.2% |
| Amounts payable after more than one year | 17 | €2,221 | €0 | -€2,221 | -100% |
| Financial debts | 170/4 | €2,221 | €0 | -€2,221 | -100% |
| Amounts payable within one year | 42/48 | €93,836 | €98,209 | +€4,373 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €5,229 | €2,601 | -€2,628 | -50.3% |
| Trade debts | 44 | €0 | €1,364 | +€1,364 | |
| Suppliers | 440/4 | €0 | €1,364 | +€1,364 | |
| Taxes, remuneration and social security | 45 | €352 | €352 | = | 0.0% |
| Taxes | 450/3 | €352 | €352 | = | 0.0% |
| Other amounts payable | 47/48 | €88,256 | €93,892 | +€5,636 | +6.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,450 | €29,477 | +€27 | +0.1% |
| Other operating charges | 640/8 | €1,978 | €2,365 | +€387 | +19.5% |
| Gross operating margin | 9900 | €7,729 | €9,753 | +€2,024 | +26.2% |
| Operating profit (loss) | 9901 | -€23,699 | -€22,089 | +€1,610 | +6.8% |
| Financial charges | 65/66B | €208 | €588 | +€380 | +182% |
| Recurring financial charges | 65 | €208 | €588 | +€380 | +182% |
| Profit (loss) for the period before taxes | 9903 | -€23,907 | -€22,677 | +€1,231 | +5.1% |
| Profit (loss) for the period | 9904 | -€23,907 | -€22,677 | +€1,231 | +5.1% |
| Transfer from tax-exempt reserves | 789 | €19,205 | €19,205 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,703 | -€3,472 | +€1,231 | +26.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.