LOVINTIS: 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.
LOVINTIS
Largest movements
- Receivables within one year +€178,060
up €178,060 (+76.1%), from €233,940 to €412,000
of which Trade receivables: +€219,545
- Stocks and contracts +€125,000
new in 2025: €125,000
- Short-term financial debts +€250,350
new in 2025: €250,350
of which Credit institutions: +€250,000
- Current portion of long-term debt +€37,098
new in 2025: €37,098
- Debts after one year +€18,438
new in 2025: €18,438
- Profit (loss) carried forward -€18,427
down €18,427 (-37.6%), from €49,000 to €30,574
- Trade debts +€11,696
up €11,696 (+11.0%), from €106,113 to €117,809
- Gross operating margin -€143,160
down €143,160 (-76.2%), from €187,975 to €44,814
- Taxes -€41,079
down €41,079 (-82.2%), from €50,000 to €8,921
- Depreciation +€16,156
up €16,156 (+297.2%), from €5,435 to €21,591
- Financial charges +€3,135
up €3,135 (+191.6%), from €1,636 to €4,771
of which Financial charges: +€3,085
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 | €317,774 | €620,035 | +€302,261 | +95.1% |
| Fixed assets | 21/28 | €66,714 | €67,459 | +€746 | +1.1% |
| Tangible fixed assets | 22/27 | €64,214 | €63,459 | -€754 | -1.2% |
| Plant, machinery and equipment | 23 | €39,715 | €34,714 | -€5,001 | -12.6% |
| Furniture and vehicles | 24 | €24,499 | €28,745 | +€4,246 | +17.3% |
| Financial fixed assets | 28 | €2,500 | €4,000 | +€1,500 | +60.0% |
| Current assets | 29/58 | €251,060 | €552,575 | +€301,515 | +120.1% |
| Stocks and contracts in progress | 3 | - | €125,000 | +€125,000 | |
| Contracts in progress | 37 | - | €125,000 | +€125,000 | |
| Amounts receivable within one year | 40/41 | €233,940 | €412,000 | +€178,060 | +76.1% |
| Trade receivables | 40 | €112,545 | €332,089 | +€219,545 | +195.1% |
| Other amounts receivable | 41 | €121,395 | €79,910 | -€41,485 | -34.2% |
| Cash at bank and in hand | 54/58 | €14,149 | €9,950 | -€4,199 | -29.7% |
| Deferred charges and accrued income | 490/1 | €2,971 | €5,626 | +€2,654 | +89.3% |
| Total equity and liabilities | 10/49 | €317,774 | €620,035 | +€302,261 | +95.1% |
| Equity | 10/15 | €152,000 | €133,574 | -€18,427 | -12.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,000 | €30,574 | -€18,427 | -37.6% |
| Amounts payable | 17/49 | €165,774 | €486,461 | +€320,687 | +193.4% |
| Amounts payable after more than one year | 17 | - | €18,438 | +€18,438 | |
| Financial debts | 170/4 | - | €18,438 | +€18,438 | |
| Amounts payable within one year | 42/48 | €165,774 | €468,023 | +€302,249 | +182.3% |
| Current portion of amounts payable after more than one year | 42 | - | €37,098 | +€37,098 | |
| Financial debts | 43 | - | €250,350 | +€250,350 | |
| Credit institutions | 430/8 | - | €250,000 | +€250,000 | |
| Other loans | 439 | - | €350 | +€350 | |
| Trade debts | 44 | €106,113 | €117,809 | +€11,696 | +11.0% |
| Suppliers | 440/4 | €106,113 | €117,809 | +€11,696 | +11.0% |
| Taxes, remuneration and social security | 45 | €59,661 | €62,456 | +€2,795 | +4.7% |
| Taxes | 450/3 | €59,661 | €62,456 | +€2,795 | +4.7% |
| Other amounts payable | 47/48 | - | €309 | +€309 | |
| Non-recurring operating income | 76A | €461 | €118 | -€343 | -74.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,435 | €21,591 | +€16,156 | +297.2% |
| Other operating charges | 640/8 | €24 | €298 | +€274 | +1126.9% |
| Non-recurring operating charges | 66A | €1 | - | -€1 | |
| Gross operating margin | 9900 | €187,975 | €44,814 | -€143,160 | -76.2% |
| Operating profit (loss) | 9901 | €182,514 | €22,925 | -€159,589 | -87.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,636 | €4,771 | +€3,135 | +191.6% |
| Recurring financial charges | 65 | €1,636 | €4,721 | +€3,085 | +188.5% |
| Non-recurring financial charges | 66B | - | €50 | +€50 | |
| Profit (loss) for the period before taxes | 9903 | €180,878 | €18,154 | -€162,724 | -90.0% |
| Income taxes | 67/77 | €50,000 | €8,921 | -€41,079 | -82.2% |
| Profit (loss) for the period | 9904 | €130,878 | €9,233 | -€121,645 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €130,878 | €9,233 | -€121,645 | -92.9% |
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 9 October 2026 via checked.be.