LUVECO: what changed
Two fiscal 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.
LUVECO
Largest movements
- Stocks and contracts -€43,504
down €43,504 (-100.0%), from €43,504 to €0
- Profit (loss) carried forward -€43,626
down €43,626 (-52.3%), from -€83,376 to -€127,002
- Other debts +€2,022
up €2,022 (+1.8%), from €112,500 to €114,522
- Trade debts -€1,900
down €1,900 (-100.0%), from €1,900 to €0
- Gross operating margin -€55,356
down €55,356 (-2370.1%), from -€2,336 to -€57,691
- Write-downs -€14,501
new in 2025: -€14,501
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 | €43,636 | €132 | -€43,504 | -99.7% |
| Current assets | 29/58 | €43,636 | €132 | -€43,504 | -99.7% |
| Stocks and contracts in progress | 3 | €43,504 | €0 | -€43,504 | -100.0% |
| Stocks | 30/36 | €43,504 | €0 | -€43,504 | -100.0% |
| Cash at bank and in hand | 54/58 | €132 | €132 | = | 0.0% |
| Total equity and liabilities | 10/49 | €43,636 | €132 | -€43,504 | -99.7% |
| Equity | 10/15 | -€70,764 | -€114,390 | -€43,626 | -61.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €112 | €112 | = | 0.0% |
| Non-distributable reserves | 130/1 | €112 | €112 | = | 0.0% |
| Reserves not available under the articles | 1311 | €112 | €112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,376 | -€127,002 | -€43,626 | -52.3% |
| Amounts payable | 17/49 | €114,400 | €114,522 | +€122 | +0.1% |
| Amounts payable within one year | 42/48 | €114,400 | €114,522 | +€122 | +0.1% |
| Trade debts | 44 | €1,900 | €0 | -€1,900 | -100.0% |
| Suppliers | 440/4 | €1,900 | €0 | -€1,900 | -100.0% |
| Other amounts payable | 47/48 | €112,500 | €114,522 | +€2,022 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€14,501 | -€14,501 | |
| Other operating charges | 640/8 | €122 | €436 | +€314 | +257.9% |
| Gross operating margin | 9900 | -€2,336 | -€57,691 | -€55,356 | -2370.1% |
| Operating profit (loss) | 9901 | -€2,457 | -€43,626 | -€41,168 | -1675.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,457 | -€43,626 | -€41,168 | -1675.3% |
| Profit (loss) for the period | 9904 | -€2,457 | -€43,626 | -€41,168 | -1675.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,457 | -€43,626 | -€41,168 | -1675.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.