LOVITAS: 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.
LOVITAS
Largest movements
- Cash +€70,617
up €70,617 (+1334.1%), from €5,293 to €75,911
mainly Trade debts (+€65,792) and Receivables within one year (+€8,698)
- Receivables within one year -€8,698
down €8,698 (-8.1%), from €107,148 to €98,450
of which Trade receivables: -€21,554
- Current investments +€6,299
up €6,299, from €0 to €6,299
- Trade debts +€65,792
up €65,792 (+134.6%), from €48,883 to €114,675
- Tax, wage and social debts -€7,654
down €7,654 (-67.8%), from €11,297 to €3,643
- Other debts +€6,299
up €6,299 (+28.4%), from €22,206 to €28,505
- Gross operating margin +€16,973
up €16,973, from -€13,059 to €3,914
- Other operating charges -€747
down €747 (-59.8%), from €1,251 to €503
- Financial income +€199
up €199 (+83.2%), from €239 to €437
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 | €461,441 | €529,660 | +€68,219 | +14.8% |
| Fixed assets | 21/28 | €349,000 | €349,000 | = | 0.0% |
| Financial fixed assets | 28 | €349,000 | €349,000 | = | 0.0% |
| Current assets | 29/58 | €112,441 | €180,660 | +€68,219 | +60.7% |
| Amounts receivable within one year | 40/41 | €107,148 | €98,450 | -€8,698 | -8.1% |
| Trade receivables | 40 | €96,094 | €74,540 | -€21,554 | -22.4% |
| Other amounts receivable | 41 | €11,054 | €23,910 | +€12,856 | +116.3% |
| Current investments | 50/53 | €0 | €6,299 | +€6,299 | |
| Cash at bank and in hand | 54/58 | €5,293 | €75,911 | +€70,617 | +1334.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €461,441 | €529,660 | +€68,219 | +14.8% |
| Equity | 10/15 | €379,056 | €382,837 | +€3,781 | +1.0% |
| Contributions | 10/11 | €568,600 | €568,600 | = | 0.0% |
| Reserves | 13 | €17,607 | €17,607 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | €6,299 | +€6,299 | |
| Reserves not available under the articles | 1311 | - | €6,299 | +€6,299 | |
| Own shares acquired | 1312 | €0 | - | = | |
| Distributable reserves | 133 | €17,607 | €11,308 | -€6,299 | -35.8% |
| Profit (loss) carried forward | 14 | -€207,151 | -€203,370 | +€3,781 | +1.8% |
| Amounts payable | 17/49 | €82,385 | €146,822 | +€64,437 | +78.2% |
| Amounts payable within one year | 42/48 | €82,385 | €146,822 | +€64,437 | +78.2% |
| Trade debts | 44 | €48,883 | €114,675 | +€65,792 | +134.6% |
| Suppliers | 440/4 | €48,883 | €114,675 | +€65,792 | +134.6% |
| Taxes, remuneration and social security | 45 | €11,297 | €3,643 | -€7,654 | -67.8% |
| Taxes | 450/3 | €11,297 | €3,643 | -€7,654 | -67.8% |
| Other amounts payable | 47/48 | €22,206 | €28,505 | +€6,299 | +28.4% |
| Other operating charges | 640/8 | €1,251 | €503 | -€747 | -59.8% |
| Gross operating margin | 9900 | -€13,059 | €3,914 | +€16,973 | |
| Operating profit (loss) | 9901 | -€14,309 | €3,411 | +€17,720 | |
| Financial income | 75/76B | €239 | €437 | +€199 | +83.2% |
| Recurring financial income | 75 | €239 | €437 | +€199 | +83.2% |
| Financial charges | 65/66B | €139 | €67 | -€73 | -52.1% |
| Recurring financial charges | 65 | €139 | €67 | -€73 | -52.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,210 | €3,781 | +€17,991 | |
| Profit (loss) for the period | 9904 | -€14,210 | €3,781 | +€17,991 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,210 | €3,781 | +€17,991 |
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 12 October 2026 via checked.be.