Lovit: 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.
Lovit
Largest movements
- Cash -€48,983
down €48,983 (-78.4%), from €62,477 to €13,494
mainly Current investments (-€45,251) and Investment in fixed assets (net) (-€31,888)
- Current investments +€45,251
up €45,251 (+69.6%), from €65,043 to €110,294
- Tangible fixed assets +€24,025
up €24,025 (+125%), from €19,250 to €43,275
of which Other tangible fixed assets: +€18,253
- Receivables within one year +€8,943
up €8,943 (+69.2%), from €12,918 to €21,861
of which Other amounts receivable: +€8,796
- Reserves +€72,415
up €72,415 (+88.1%), from €82,150 to €154,565
- Profit (loss) carried forward -€52,011
down €52,011 (-99.9%), from €52,055 to €44
- Accrued charges and deferred income +€13,115
up €13,115 (+335%), from €3,915 to €17,030
- Tax, wage and social debts -€5,572
down €5,572 (-57.3%), from €9,728 to €4,156
- Gross operating margin -€29,865
down €29,865 (-40.7%), from €73,462 to €43,597
- Taxes -€3,269
down €3,269 (-24.3%), from €13,432 to €10,162
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 | €161,256 | €190,267 | +€29,011 | +18.0% |
| Fixed assets | 21/28 | €19,250 | €43,275 | +€24,025 | +125% |
| Tangible fixed assets | 22/27 | €19,250 | €43,275 | +€24,025 | +125% |
| Plant, machinery and equipment | 23 | €429 | €1,884 | +€1,455 | +339% |
| Furniture and vehicles | 24 | €4,456 | €8,772 | +€4,317 | +96.9% |
| Other tangible fixed assets | 26 | €14,366 | €32,619 | +€18,253 | +127% |
| Current assets | 29/58 | €142,006 | €146,992 | +€4,986 | +3.5% |
| Amounts receivable after more than one year | 29 | €1,568 | - | -€1,568 | |
| Other amounts receivable | 291 | €1,568 | - | -€1,568 | |
| Amounts receivable within one year | 40/41 | €12,918 | €21,861 | +€8,943 | +69.2% |
| Trade receivables | 40 | €12,918 | €13,065 | +€147 | +1.1% |
| Other amounts receivable | 41 | - | €8,796 | +€8,796 | |
| Current investments | 50/53 | €65,043 | €110,294 | +€45,251 | +69.6% |
| Cash at bank and in hand | 54/58 | €62,477 | €13,494 | -€48,983 | -78.4% |
| Deferred charges and accrued income | 490/1 | - | €1,344 | +€1,344 | |
| Total equity and liabilities | 10/49 | €161,256 | €190,267 | +€29,011 | +18.0% |
| Equity | 10/15 | €136,605 | €157,009 | +€20,404 | +14.9% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €82,150 | €154,565 | +€72,415 | +88.1% |
| Distributable reserves | 133 | €82,150 | €154,565 | +€72,415 | +88.1% |
| Profit (loss) carried forward | 14 | €52,055 | €44 | -€52,011 | -99.9% |
| Amounts payable | 17/49 | €24,651 | €33,258 | +€8,607 | +34.9% |
| Amounts payable within one year | 42/48 | €20,736 | €16,228 | -€4,509 | -21.7% |
| Financial debts | 43 | €5,085 | €5,064 | -€21 | -0.4% |
| Credit institutions | 430/8 | €5,085 | €5,064 | -€21 | -0.4% |
| Trade debts | 44 | €5,634 | €4,831 | -€803 | -14.2% |
| Suppliers | 440/4 | €5,634 | €4,831 | -€803 | -14.2% |
| Taxes, remuneration and social security | 45 | €9,728 | €4,156 | -€5,572 | -57.3% |
| Taxes | 450/3 | €9,728 | €4,156 | -€5,572 | -57.3% |
| Other amounts payable | 47/48 | €290 | €2,177 | +€1,887 | +651% |
| Accrued charges and deferred income | 492/3 | €3,915 | €17,030 | +€13,115 | +335% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,163 | €7,863 | +€700 | +9.8% |
| Other operating charges | 640/8 | €453 | €467 | +€14 | +3.2% |
| Gross operating margin | 9900 | €73,462 | €43,597 | -€29,865 | -40.7% |
| Operating profit (loss) | 9901 | €65,847 | €35,267 | -€30,579 | -46.4% |
| Financial income | 75/76B | €187 | €491 | +€304 | +163% |
| Recurring financial income | 75 | €187 | €491 | +€304 | +163% |
| Financial charges | 65/66B | €548 | €459 | -€89 | -16.2% |
| Recurring financial charges | 65 | €548 | €459 | -€89 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €65,485 | €35,298 | -€30,187 | -46.1% |
| Income taxes | 67/77 | €13,432 | €10,162 | -€3,269 | -24.3% |
| Profit (loss) for the period | 9904 | €52,054 | €25,136 | -€26,918 | -51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,054 | €25,136 | -€26,918 | -51.7% |
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 31 October 2026 via checked.be.