LRV Bros: 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.
LRV Bros
Largest movements
- Current investments -€1.7m
down €1.7m (-4.0%), from €42.9m to €41.2m
- Receivables within one year +€551,467
up €551,467 (+61.0%), from €904,570 to €1.5m
- Profit (loss) carried forward -€602,349
down €602,349 (-1.8%), from €34.2m to €33.6m
- Financial charges +€473,540
up €473,540 (+712%), from €66,504 to €540,044
- Financial income -€255,287
down €255,287 (-12.8%), from €2.0m to €1.7m
- Taxes +€102,743
up €102,743 (+503%), from €20,420 to €123,164
- Gross operating margin -€7,724
down €7,724 (-1.3%), from -€608,924 to -€616,648
- Other operating charges +€6,675
up €6,675 (+12.8%), from €52,037 to €58,711
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 | €44,658,134 | €44,049,815 | -€608,318 | -1.4% |
| Fixed assets | 21/28 | €325,833 | €325,833 | = | 0.0% |
| Financial fixed assets | 28 | €325,833 | €325,833 | = | 0.0% |
| Current assets | 29/58 | €44,332,300 | €43,723,982 | -€608,318 | -1.4% |
| Amounts receivable after more than one year | 29 | - | €427,821 | +€427,821 | |
| Other amounts receivable | 291 | - | €427,821 | +€427,821 | |
| Amounts receivable within one year | 40/41 | €904,570 | €1,456,037 | +€551,467 | +61.0% |
| Other amounts receivable | 41 | €904,570 | €1,456,037 | +€551,467 | +61.0% |
| Current investments | 50/53 | €42,854,337 | €41,150,814 | -€1.7m | -4.0% |
| Cash at bank and in hand | 54/58 | €478,334 | €606,873 | +€128,540 | +26.9% |
| Deferred charges and accrued income | 490/1 | €95,060 | €82,436 | -€12,623 | -13.3% |
| Total equity and liabilities | 10/49 | €44,658,134 | €44,049,815 | -€608,318 | -1.4% |
| Equity | 10/15 | €43,493,304 | €42,890,955 | -€602,349 | -1.4% |
| Contributions | 10/11 | €4,701,568 | €4,701,568 | = | 0.0% |
| Capital | 10 | €4,698,387 | €4,698,387 | = | 0.0% |
| Issued capital | 100 | €4,698,387 | €4,698,387 | = | 0.0% |
| Contributions outside capital | 11 | €3,181 | €3,181 | = | 0.0% |
| Share premium | 1100/10 | €3,181 | €3,181 | = | 0.0% |
| Reserves | 13 | €4,631,772 | €4,631,772 | = | 0.0% |
| Non-distributable reserves | 130/1 | €566,453 | €566,453 | = | 0.0% |
| Legal reserve | 130 | €566,453 | €566,453 | = | 0.0% |
| Distributable reserves | 133 | €4,065,318 | €4,065,318 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,159,964 | €33,557,615 | -€602,349 | -1.8% |
| Amounts payable | 17/49 | €1,164,830 | €1,158,860 | -€5,970 | -0.5% |
| Amounts payable within one year | 42/48 | €784,622 | €1,111,854 | +€327,232 | +41.7% |
| Trade debts | 44 | €64,622 | €111,854 | +€47,232 | +73.1% |
| Suppliers | 440/4 | €64,622 | €111,854 | +€47,232 | +73.1% |
| Other amounts payable | 47/48 | €720,000 | €1,000,000 | +€280,000 | +38.9% |
| Accrued charges and deferred income | 492/3 | €380,208 | €47,006 | -€333,202 | -87.6% |
| Other operating charges | 640/8 | €52,037 | €58,711 | +€6,675 | +12.8% |
| Gross operating margin | 9900 | -€608,924 | -€616,648 | -€7,724 | -1.3% |
| Operating profit (loss) | 9901 | -€660,961 | -€675,359 | -€14,398 | -2.2% |
| Financial income | 75/76B | €1,991,505 | €1,736,218 | -€255,287 | -12.8% |
| Recurring financial income | 75 | €1,991,505 | €1,736,218 | -€255,287 | -12.8% |
| Financial charges | 65/66B | €66,504 | €540,044 | +€473,540 | +712% |
| Recurring financial charges | 65 | €66,504 | €540,044 | +€473,540 | +712% |
| Profit (loss) for the period before taxes | 9903 | €1,264,040 | €520,815 | -€743,225 | -58.8% |
| Income taxes | 67/77 | €20,420 | €123,164 | +€102,743 | +503% |
| Profit (loss) for the period | 9904 | €1,243,620 | €397,651 | -€845,969 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,243,620 | €397,651 | -€845,969 | -68.0% |
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 22 October 2026 via checked.be.