LuVerCon: 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.
LuVerCon
Largest movements
- Receivables within one year +€9,281
up €9,281 (+45.5%), from €20,393 to €29,674
of which Trade receivables: +€11,437
- Cash -€6,146
down €6,146 (-80.9%), from €7,593 to €1,447
mainly Receivables within one year (-€9,281) and Net result for the year (-€7,288)
- Deferred charges and accrued income -€5,499
down €5,499 (-21.2%), from €25,934 to €20,434
- Tangible fixed assets -€5,373
down €5,373 (-46.0%), from €11,693 to €6,320
of which Furniture and vehicles: -€3,030
- Reserves -€7,288
down €7,288 (-31.7%), from €22,999 to €15,711
- Tax, wage and social debts +€6,180
up €6,180 (+385%), from €1,607 to €7,787
- Current portion of long-term debt -€5,968
down €5,968 (-100%), from €5,968 to €0
- Trade debts -€4,054
down €4,054 (-78.1%), from €5,191 to €1,137
- Other debts +€3,690
up €3,690 (+35.1%), from €10,524 to €14,215
- Gross operating margin +€21,394
up €21,394, from -€16,669 to €4,726
- Other operating charges +€2,282
up €2,282 (+374%), from €610 to €2,891
- Depreciation -€1,420
down €1,420 (-20.9%), from €6,793 to €5,373
- Financial charges -€1,034
down €1,034 (-23.6%), from €4,387 to €3,354
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 | €66,213 | €58,325 | -€7,888 | -11.9% |
| Fixed assets | 21/28 | €12,143 | €6,770 | -€5,373 | -44.2% |
| Tangible fixed assets | 22/27 | €11,693 | €6,320 | -€5,373 | -46.0% |
| Plant, machinery and equipment | 23 | €5,609 | €3,266 | -€2,343 | -41.8% |
| Furniture and vehicles | 24 | €6,084 | €3,054 | -€3,030 | -49.8% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €54,070 | €51,555 | -€2,515 | -4.7% |
| Stocks and contracts in progress | 3 | €151 | €0 | -€151 | -100% |
| Stocks | 30/36 | €151 | €0 | -€151 | -100% |
| Amounts receivable within one year | 40/41 | €20,393 | €29,674 | +€9,281 | +45.5% |
| Trade receivables | 40 | €8,237 | €19,674 | +€11,437 | +139% |
| Other amounts receivable | 41 | €12,156 | €10,000 | -€2,156 | -17.7% |
| Cash at bank and in hand | 54/58 | €7,593 | €1,447 | -€6,146 | -80.9% |
| Deferred charges and accrued income | 490/1 | €25,934 | €20,434 | -€5,499 | -21.2% |
| Total equity and liabilities | 10/49 | €66,213 | €58,325 | -€7,888 | -11.9% |
| Equity | 10/15 | €41,599 | €34,311 | -€7,288 | -17.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,999 | €15,711 | -€7,288 | -31.7% |
| Distributable reserves | 133 | €22,999 | €15,711 | -€7,288 | -31.7% |
| Amounts payable | 17/49 | €24,614 | €24,014 | -€600 | -2.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,291 | €23,139 | -€152 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €5,968 | €0 | -€5,968 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,191 | €1,137 | -€4,054 | -78.1% |
| Suppliers | 440/4 | €5,191 | €1,137 | -€4,054 | -78.1% |
| Taxes, remuneration and social security | 45 | €1,607 | €7,787 | +€6,180 | +385% |
| Taxes | 450/3 | €1,607 | €7,787 | +€6,180 | +385% |
| Other amounts payable | 47/48 | €10,524 | €14,215 | +€3,690 | +35.1% |
| Accrued charges and deferred income | 492/3 | €1,324 | €876 | -€448 | -33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,793 | €5,373 | -€1,420 | -20.9% |
| Other operating charges | 640/8 | €610 | €2,891 | +€2,282 | +374% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€16,669 | €4,726 | +€21,394 | |
| Operating profit (loss) | 9901 | -€24,072 | -€3,539 | +€20,533 | +85.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €4,387 | €3,354 | -€1,034 | -23.6% |
| Recurring financial charges | 65 | €4,387 | €3,354 | -€1,034 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,459 | -€6,893 | +€21,566 | +75.8% |
| Income taxes | 67/77 | €473 | €395 | -€78 | -16.5% |
| Profit (loss) for the period | 9904 | -€28,932 | -€7,288 | +€21,644 | +74.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,932 | -€7,288 | +€21,644 | +74.8% |
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 25 October 2026 via checked.be.