LOVILEN: 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.
LOVILEN
Largest movements
- Cash +€16,413
up €16,413 (+77.3%), from €21,223 to €37,636
mainly Tax, wage and social debts (+€7,922) and Advances received (+€6,298)
- Receivables within one year +€3,694
up €3,694 (+13.2%), from €27,989 to €31,684
of which Trade receivables: +€4,000
- Tangible fixed assets -€2,223
down €2,223 (-6.2%), from €35,963 to €33,740
of which Land and buildings: -€1,649
- Tax, wage and social debts +€7,922
up €7,922 (+136%), from €5,815 to €13,737
of which Remuneration and social security: +€5,080
- Advances received +€6,298
up €6,298 (+23.4%), from €26,927 to €33,225
- Profit (loss) carried forward +€3,223
up €3,223 (+80.0%), from €4,029 to €7,252
- Gross operating margin -€3,981
down €3,981 (-25.1%), from €15,874 to €11,892
- Other operating charges +€1,296
up €1,296 (+35.8%), from €3,614 to €4,910
- Depreciation -€208
down €208 (-8.6%), from €2,432 to €2,223
- Taxes -€161
down €161 (-14.6%), from €1,105 to €944
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 | €90,659 | €108,125 | +€17,466 | +19.3% |
| Fixed assets | 21/28 | €40,963 | €38,740 | -€2,223 | -5.4% |
| Tangible fixed assets | 22/27 | €35,963 | €33,740 | -€2,223 | -6.2% |
| Land and buildings | 22 | €33,693 | €32,045 | -€1,649 | -4.9% |
| Plant, machinery and equipment | 23 | €2,269 | €1,695 | -€574 | -25.3% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €49,696 | €69,385 | +€19,689 | +39.6% |
| Amounts receivable within one year | 40/41 | €27,989 | €31,684 | +€3,694 | +13.2% |
| Trade receivables | 40 | €25,689 | €29,689 | +€4,000 | +15.6% |
| Other amounts receivable | 41 | €2,300 | €1,994 | -€306 | -13.3% |
| Cash at bank and in hand | 54/58 | €21,223 | €37,636 | +€16,413 | +77.3% |
| Deferred charges and accrued income | 490/1 | €484 | €65 | -€419 | -86.5% |
| Total equity and liabilities | 10/49 | €90,659 | €108,125 | +€17,466 | +19.3% |
| Equity | 10/15 | €32,777 | €36,000 | +€3,223 | +9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,548 | €22,548 | = | 0.0% |
| Distributable reserves | 133 | €22,548 | €22,548 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,029 | €7,252 | +€3,223 | +80.0% |
| Amounts payable | 17/49 | €57,882 | €72,125 | +€14,243 | +24.6% |
| Amounts payable within one year | 42/48 | €57,882 | €72,125 | +€14,243 | +24.6% |
| Trade debts | 44 | - | €23 | +€23 | |
| Suppliers | 440/4 | - | €23 | +€23 | |
| Advances received on contracts in progress | 46 | €26,927 | €33,225 | +€6,298 | +23.4% |
| Taxes, remuneration and social security | 45 | €5,815 | €13,737 | +€7,922 | +136% |
| Taxes | 450/3 | €5,815 | €8,657 | +€2,842 | +48.9% |
| Remuneration and social security | 454/9 | - | €5,080 | +€5,080 | |
| Other amounts payable | 47/48 | €25,140 | €25,140 | = | 0.0% |
| Non-recurring operating income | 76A | €620 | - | -€620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,432 | €2,223 | -€208 | -8.6% |
| Other operating charges | 640/8 | €3,614 | €4,910 | +€1,296 | +35.8% |
| Gross operating margin | 9900 | €15,874 | €11,892 | -€3,981 | -25.1% |
| Operating profit (loss) | 9901 | €9,828 | €4,759 | -€5,068 | -51.6% |
| Financial income | 75/76B | €82 | - | -€82 | |
| Recurring financial income | 75 | €82 | - | -€82 | |
| Financial charges | 65/66B | €551 | €593 | +€42 | +7.5% |
| Recurring financial charges | 65 | €551 | €593 | +€42 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €9,358 | €4,167 | -€5,192 | -55.5% |
| Income taxes | 67/77 | €1,105 | €944 | -€161 | -14.6% |
| Profit (loss) for the period | 9904 | €8,253 | €3,223 | -€5,031 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,253 | €3,223 | -€5,031 | -61.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.