Lovima: 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.
What changed
Lovima
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€51,590
2024 · €36,983+€14,607
Equity
€46,190
2024 · -€5,400+€51,590
Cash
€21,248
2024 · €14,615+€6,634
Balance sheet total
€1.9m
2024 · €1.9m-€4,957
Largest movements
Assets
- Tangible fixed assets -€37,915
down €37,915 (-2.6%), from €1.4m to €1.4m
of which Other tangible fixed assets: -€41,492
- Receivables within one year +€26,912
up €26,912 (+15.7%), from €171,299 to €198,211
of which Other amounts receivable: +€50,888
Equity and liabilities
- Debts after one year -€120,970
down €120,970 (-10.6%), from €1.1m to €1.0m
- Advances received +€80,000
new in 2025: €80,000
- Other debts -€47,159
down €47,159 (-9.6%), from €491,431 to €444,271
- Reserves +€39,990
new in 2025: €39,990
Income statement
- Gross operating margin +€29,362
up €29,362 (+9.8%), from €299,499 to €328,861
- Taxes +€16,449
up €16,449 (+5,366%), from €307 to €16,755
- Staff costs +€8,349
up €8,349 (+6.7%), from €124,477 to €132,826
- Financial charges -€7,520
down €7,520 (-11.0%), from €68,637 to €61,117
- Other operating charges -€5,166
down €5,166 (-79.1%), from €6,533 to €1,368
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.
Result 2024
€36,983
Gross operating margin
+€29,362
Staff costs
-€8,349
Depreciation
-€3,076
Other operating charges
+€5,166
Financial income
+€433
Financial charges
+€7,520
Taxes
-€16,449
Result 2025
€51,590
raises the resultlowers the result
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.
From operations
+€154,191
Investment
-€30,576
Financing
-€116,982
Cash 2024
€14,615
From operations (derived)
+€154,191
Net result for the year
+€51,590
Depreciation
+€68,491
Receivables after one year
+€182
Receivables within one year
-€26,912
Deferred charges and accrued income
+€406
Trade debts
+€7,480
Tax, wage and social debts
+€17,471
Advances received
+€80,000
Other debts
-€47,159
Accrued charges and deferred income
+€2,644
Investment (derived)
-€30,576
Investment in fixed assets (net)
-€30,576
Financing
-€116,982
Debts after one year
-€120,970
Current portion of long-term debt
+€3,988
Cash 2025
€21,248
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,922,958 | €1,918,001 | -€4,957 | -0.3% |
| Fixed assets | 21/28 | €1,434,603 | €1,396,687 | -€37,915 | -2.6% |
| Tangible fixed assets | 22/27 | €1,434,603 | €1,396,687 | -€37,915 | -2.6% |
| Land and buildings | 22 | €1,028 | €771 | -€257 | -25.0% |
| Plant, machinery and equipment | 23 | - | €1,514 | +€1,514 | |
| Furniture and vehicles | 24 | €9,994 | €28,937 | +€18,943 | +190% |
| Leasing and similar rights | 25 | €69,267 | €52,643 | -€16,624 | -24.0% |
| Other tangible fixed assets | 26 | €1,354,314 | €1,312,822 | -€41,492 | -3.1% |
| Current assets | 29/58 | €488,355 | €521,313 | +€32,958 | +6.7% |
| Amounts receivable after more than one year | 29 | €5,758 | €5,577 | -€182 | -3.2% |
| Other amounts receivable | 291 | €5,758 | €5,577 | -€182 | -3.2% |
| Stocks and contracts in progress | 3 | €294,261 | €294,261 | = | 0.0% |
| Stocks | 30/36 | €294,261 | €294,261 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €171,299 | €198,211 | +€26,912 | +15.7% |
| Trade receivables | 40 | €50,000 | €26,023 | -€23,977 | -48.0% |
| Other amounts receivable | 41 | €121,299 | €172,187 | +€50,888 | +42.0% |
| Cash at bank and in hand | 54/58 | €14,615 | €21,248 | +€6,634 | +45.4% |
| Deferred charges and accrued income | 490/1 | €2,423 | €2,017 | -€406 | -16.7% |
| Total equity and liabilities | 10/49 | €1,922,958 | €1,918,001 | -€4,957 | -0.3% |
| Equity | 10/15 | -€5,400 | €46,190 | +€51,590 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €39,990 | +€39,990 | |
| Distributable reserves | 133 | - | €39,990 | +€39,990 | |
| Profit (loss) carried forward | 14 | -€11,600 | €0 | +€11,600 | |
| Amounts payable | 17/49 | €1,928,358 | €1,871,811 | -€56,547 | -2.9% |
| Amounts payable after more than one year | 17 | €1,138,376 | €1,017,405 | -€120,970 | -10.6% |
| Financial debts | 170/4 | €1,138,376 | €1,017,405 | -€120,970 | -10.6% |
| Amounts payable within one year | 42/48 | €789,982 | €851,762 | +€61,780 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €116,982 | €120,970 | +€3,988 | +3.4% |
| Financial debts | 43 | €149,000 | €149,000 | = | 0.0% |
| Credit institutions | 430/8 | €149,000 | €149,000 | = | 0.0% |
| Trade debts | 44 | €6,454 | €13,934 | +€7,480 | +116% |
| Suppliers | 440/4 | €6,454 | €13,934 | +€7,480 | +116% |
| Advances received on contracts in progress | 46 | - | €80,000 | +€80,000 | |
| Taxes, remuneration and social security | 45 | €26,115 | €43,586 | +€17,471 | +66.9% |
| Taxes | 450/3 | €7,797 | €23,735 | +€15,938 | +204% |
| Remuneration and social security | 454/9 | €18,318 | €19,851 | +€1,533 | +8.4% |
| Other amounts payable | 47/48 | €491,431 | €444,271 | -€47,159 | -9.6% |
| Accrued charges and deferred income | 492/3 | - | €2,644 | +€2,644 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €124,477 | €132,826 | +€8,349 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,415 | €68,491 | +€3,076 | +4.7% |
| Other operating charges | 640/8 | €6,533 | €1,368 | -€5,166 | -79.1% |
| Gross operating margin | 9900 | €299,499 | €328,861 | +€29,362 | +9.8% |
| Operating profit (loss) | 9901 | €103,073 | €126,176 | +€23,103 | +22.4% |
| Financial income | 75/76B | €2,853 | €3,286 | +€433 | +15.2% |
| Recurring financial income | 75 | €2,853 | €3,286 | +€433 | +15.2% |
| Financial charges | 65/66B | €68,637 | €61,117 | -€7,520 | -11.0% |
| Recurring financial charges | 65 | €68,637 | €61,117 | -€7,520 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €37,289 | €68,345 | +€31,055 | +83.3% |
| Income taxes | 67/77 | €307 | €16,755 | +€16,449 | +5,366% |
| Profit (loss) for the period | 9904 | €36,983 | €51,590 | +€14,607 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,983 | €51,590 | +€14,607 | +39.5% |
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 13 October 2026 via checked.be.