LV ARCHITECTURE: 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.
LV ARCHITECTURE
Largest movements
- Cash -€39,864
down €39,864 (-42.5%), from €93,737 to €53,873
mainly Contributions, distributions and other (-€40,400) and Debts after one year (-€10,363)
- Tangible fixed assets -€14,078
down €14,078 (-31.6%), from €44,582 to €30,503
of which Furniture and vehicles: -€13,926
- Receivables within one year -€5,083
down €5,083 (-19.1%), from €26,555 to €21,472
of which Trade receivables: -€8,173
- Deferred charges and accrued income +€2,389
up €2,389 (+267%), from €896 to €3,285
- Reserves -€36,900
down €36,900 (-37.5%), from €98,440 to €61,540
of which Distributable reserves: -€36,900
- Debts after one year -€10,363
down €10,363 (-79.7%), from €13,001 to €2,638
- Other debts -€8,364
down €8,364 (-35.0%), from €23,925 to €15,561
- Tax, wage and social debts -€2,113
down €2,113 (-36.4%), from €5,813 to €3,699
- Gross operating margin -€14,159
down €14,159 (-30.0%), from €47,237 to €33,077
- Other operating charges +€11,047
up €11,047 (+3,146%), from €351 to €11,398
- Taxes -€6,770
down €6,770 (-71.2%), from €9,513 to €2,743
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 | €165,770 | €109,134 | -€56,636 | -34.2% |
| Fixed assets | 21/28 | €44,582 | €30,503 | -€14,078 | -31.6% |
| Tangible fixed assets | 22/27 | €44,582 | €30,503 | -€14,078 | -31.6% |
| Plant, machinery and equipment | 23 | €1,048 | €895 | -€153 | -14.6% |
| Furniture and vehicles | 24 | €43,534 | €29,608 | -€13,926 | -32.0% |
| Current assets | 29/58 | €121,189 | €78,630 | -€42,558 | -35.1% |
| Amounts receivable within one year | 40/41 | €26,555 | €21,472 | -€5,083 | -19.1% |
| Trade receivables | 40 | €19,754 | €11,581 | -€8,173 | -41.4% |
| Other amounts receivable | 41 | €6,801 | €9,890 | +€3,089 | +45.4% |
| Cash at bank and in hand | 54/58 | €93,737 | €53,873 | -€39,864 | -42.5% |
| Deferred charges and accrued income | 490/1 | €896 | €3,285 | +€2,389 | +267% |
| Total equity and liabilities | 10/49 | €165,770 | €109,134 | -€56,636 | -34.2% |
| Equity | 10/15 | €108,073 | €71,924 | -€36,149 | -33.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €98,440 | €61,540 | -€36,900 | -37.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €96,580 | €59,680 | -€36,900 | -38.2% |
| Profit (loss) carried forward | 14 | €3,433 | €4,184 | +€751 | +21.9% |
| Amounts payable | 17/49 | €57,697 | €37,209 | -€20,488 | -35.5% |
| Amounts payable after more than one year | 17 | €13,001 | €2,638 | -€10,363 | -79.7% |
| Financial debts | 170/4 | €13,001 | €2,638 | -€10,363 | -79.7% |
| Amounts payable within one year | 42/48 | €44,696 | €34,572 | -€10,124 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €10,067 | €10,363 | +€296 | +2.9% |
| Trade debts | 44 | €4,890 | €4,948 | +€58 | +1.2% |
| Suppliers | 440/4 | €4,890 | €4,948 | +€58 | +1.2% |
| Taxes, remuneration and social security | 45 | €5,813 | €3,699 | -€2,113 | -36.4% |
| Taxes | 450/3 | €5,813 | €3,699 | -€2,113 | -36.4% |
| Other amounts payable | 47/48 | €23,925 | €15,561 | -€8,364 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,078 | €14,078 | = | 0.0% |
| Other operating charges | 640/8 | €351 | €11,398 | +€11,047 | +3,146% |
| Gross operating margin | 9900 | €47,237 | €33,077 | -€14,159 | -30.0% |
| Operating profit (loss) | 9901 | €32,807 | €7,601 | -€25,206 | -76.8% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €953 | €627 | -€326 | -34.2% |
| Recurring financial charges | 65 | €953 | €627 | -€326 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €31,854 | €6,994 | -€24,860 | -78.0% |
| Income taxes | 67/77 | €9,513 | €2,743 | -€6,770 | -71.2% |
| Profit (loss) for the period | 9904 | €22,341 | €4,251 | -€18,090 | -81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,341 | €4,251 | -€18,090 | -81.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.