LUVRI: 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.
LUVRI
Largest movements
- Tangible fixed assets -€38,507
down €38,507 (-2.9%), from €1.3m to €1.3m
of which Land and buildings: -€43,871
- Debts after one year -€56,705
down €56,705 (-12.5%), from €454,235 to €397,530
- Profit (loss) carried forward +€46,099
up €46,099 (+44.0%), from €104,800 to €150,898
- Other debts -€16,031
down €16,031 (-44.6%), from €35,944 to €19,914
- Reserves -€14,247
down €14,247 (-3.0%), from €475,560 to €461,313
of which Tax-exempt reserves: -€14,247
- Gross operating margin +€12,877
up €12,877 (+13.2%), from €97,471 to €110,348
- Taxes +€3,958
up €3,958 (+32.9%), from €12,046 to €16,003
- Financial charges -€2,180
down €2,180 (-12.5%), from €17,393 to €15,213
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 | €1,325,867 | €1,280,903 | -€44,964 | -3.4% |
| Fixed assets | 21/28 | €1,311,380 | €1,272,873 | -€38,507 | -2.9% |
| Tangible fixed assets | 22/27 | €1,311,380 | €1,272,873 | -€38,507 | -2.9% |
| Land and buildings | 22 | €1,311,380 | €1,267,509 | -€43,871 | -3.3% |
| Furniture and vehicles | 24 | - | €5,364 | +€5,364 | |
| Current assets | 29/58 | €14,486 | €8,030 | -€6,457 | -44.6% |
| Amounts receivable within one year | 40/41 | €11,196 | - | -€11,196 | |
| Trade receivables | 40 | €9,378 | - | -€9,378 | |
| Other amounts receivable | 41 | €1,819 | - | -€1,819 | |
| Cash at bank and in hand | 54/58 | - | €4,790 | +€4,790 | |
| Deferred charges and accrued income | 490/1 | €3,290 | €3,239 | -€51 | -1.5% |
| Total equity and liabilities | 10/49 | €1,325,867 | €1,280,903 | -€44,964 | -3.4% |
| Equity | 10/15 | €642,359 | €674,211 | +€31,852 | +5.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €475,560 | €461,313 | -€14,247 | -3.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €365,329 | €351,083 | -€14,247 | -3.9% |
| Distributable reserves | 133 | €104,030 | €104,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,800 | €150,898 | +€46,099 | +44.0% |
| Provisions and deferred taxes | 16 | €121,776 | €117,028 | -€4,749 | -3.9% |
| Deferred taxes | 168 | €121,776 | €117,028 | -€4,749 | -3.9% |
| Amounts payable | 17/49 | €561,731 | €489,664 | -€72,067 | -12.8% |
| Amounts payable after more than one year | 17 | €454,235 | €397,530 | -€56,705 | -12.5% |
| Financial debts | 170/4 | €454,235 | €397,530 | -€56,705 | -12.5% |
| Amounts payable within one year | 42/48 | €102,909 | €85,475 | -€17,434 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €58,520 | €56,705 | -€1,815 | -3.1% |
| Financial debts | 43 | €540 | - | -€540 | |
| Credit institutions | 430/8 | €540 | - | -€540 | |
| Trade debts | 44 | €192 | €1,317 | +€1,125 | +586.6% |
| Suppliers | 440/4 | €192 | €1,317 | +€1,125 | +586.6% |
| Taxes, remuneration and social security | 45 | €7,713 | €7,540 | -€173 | -2.2% |
| Taxes | 450/3 | €5,213 | €7,540 | +€2,326 | +44.6% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €35,944 | €19,914 | -€16,031 | -44.6% |
| Accrued charges and deferred income | 492/3 | €4,587 | €6,659 | +€2,072 | +45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,092 | €44,143 | +€52 | +0.1% |
| Other operating charges | 640/8 | €7,800 | €7,886 | +€85 | +1.1% |
| Gross operating margin | 9900 | €97,471 | €110,348 | +€12,877 | +13.2% |
| Operating profit (loss) | 9901 | €45,580 | €58,319 | +€12,740 | +28.0% |
| Financial charges | 65/66B | €17,393 | €15,213 | -€2,180 | -12.5% |
| Recurring financial charges | 65 | €17,393 | €15,213 | -€2,180 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €28,187 | €43,107 | +€14,920 | +52.9% |
| Transfer from deferred taxes | 780 | €4,749 | €4,749 | = | 0.0% |
| Income taxes | 67/77 | €12,046 | €16,003 | +€3,958 | +32.9% |
| Profit (loss) for the period | 9904 | €20,890 | €31,852 | +€10,962 | +52.5% |
| Transfer from tax-exempt reserves | 789 | €14,247 | €14,247 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,136 | €46,099 | +€10,962 | +31.2% |
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 29 September 2026 via checked.be.