LV CONCEPT ELEC: 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 CONCEPT ELEC
Largest movements
- Cash +€40,381
up €40,381 (+132%), from €30,697 to €71,078
mainly Other debts (+€66,892) and Net result for the year (+€65,577)
- Receivables within one year -€38,174
down €38,174 (-68.1%), from €56,072 to €17,898
of which Other amounts receivable: -€28,630
- Tangible fixed assets +€23,030
up €23,030 (+225%), from €10,253 to €33,283
of which Furniture and vehicles: +€23,547
- Deferred charges and accrued income +€4,449
up €4,449 (+197%), from €2,259 to €6,708
- Profit (loss) carried forward -€74,094
down €74,094 (-100%), from €74,094 to €0
- Other debts +€66,892
up €66,892 (+8,030%), from €833 to €67,725
- Debts after one year +€24,621
new in 2025: €24,621
- Current portion of long-term debt +€8,932
new in 2025: €8,932
- Tax, wage and social debts +€2,901
up €2,901 (+14.5%), from €20,041 to €22,942
of which Remuneration and social security: +€5,473
- Gross operating margin +€94,611
up €94,611 (+284%), from €33,338 to €127,948
- Staff costs +€28,465
new in 2025: €28,465
- Taxes +€11,749
up €11,749 (+230%), from €5,105 to €16,854
- Depreciation +€4,818
up €4,818 (+45.9%), from €10,505 to €15,323
- Other operating charges +€1,330
up €1,330 (+1,030%), from €129 to €1,459
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 | €99,282 | €128,968 | +€29,686 | +29.9% |
| Fixed assets | 21/28 | €10,253 | €33,283 | +€23,030 | +225% |
| Tangible fixed assets | 22/27 | €10,253 | €33,283 | +€23,030 | +225% |
| Plant, machinery and equipment | 23 | €763 | €247 | -€517 | -67.7% |
| Furniture and vehicles | 24 | €9,490 | €33,037 | +€23,547 | +248% |
| Current assets | 29/58 | €89,029 | €95,685 | +€6,656 | +7.5% |
| Amounts receivable within one year | 40/41 | €56,072 | €17,898 | -€38,174 | -68.1% |
| Trade receivables | 40 | €26,797 | €17,253 | -€9,544 | -35.6% |
| Other amounts receivable | 41 | €29,275 | €646 | -€28,630 | -97.8% |
| Cash at bank and in hand | 54/58 | €30,697 | €71,078 | +€40,381 | +132% |
| Deferred charges and accrued income | 490/1 | €2,259 | €6,708 | +€4,449 | +197% |
| Total equity and liabilities | 10/49 | €99,282 | €128,968 | +€29,686 | +29.9% |
| Equity | 10/15 | €77,094 | €3,000 | -€74,094 | -96.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,094 | €0 | -€74,094 | -100% |
| Amounts payable | 17/49 | €22,187 | €125,968 | +€103,781 | +468% |
| Amounts payable after more than one year | 17 | - | €24,621 | +€24,621 | |
| Financial debts | 170/4 | - | €24,621 | +€24,621 | |
| Amounts payable within one year | 42/48 | €22,187 | €101,347 | +€79,159 | +357% |
| Current portion of amounts payable after more than one year | 42 | - | €8,932 | +€8,932 | |
| Trade debts | 44 | €1,314 | €1,748 | +€434 | +33.0% |
| Suppliers | 440/4 | €1,314 | €1,748 | +€434 | +33.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €20,041 | €22,942 | +€2,901 | +14.5% |
| Taxes | 450/3 | €20,041 | €17,469 | -€2,572 | -12.8% |
| Remuneration and social security | 454/9 | - | €5,473 | +€5,473 | |
| Other amounts payable | 47/48 | €833 | €67,725 | +€66,892 | +8,030% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €28,465 | +€28,465 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,505 | €15,323 | +€4,818 | +45.9% |
| Other operating charges | 640/8 | €129 | €1,459 | +€1,330 | +1,030% |
| Non-recurring operating charges | 66A | €685 | €0 | -€685 | -100% |
| Gross operating margin | 9900 | €33,338 | €127,948 | +€94,611 | +284% |
| Operating profit (loss) | 9901 | €22,018 | €82,702 | +€60,684 | +276% |
| Financial income | 75/76B | €883 | €865 | -€18 | -2.0% |
| Recurring financial income | 75 | €883 | €865 | -€18 | -2.0% |
| Financial charges | 65/66B | €294 | €1,136 | +€842 | +286% |
| Recurring financial charges | 65 | €294 | €1,136 | +€842 | +286% |
| Profit (loss) for the period before taxes | 9903 | €22,607 | €82,432 | +€59,825 | +265% |
| Income taxes | 67/77 | €5,105 | €16,854 | +€11,749 | +230% |
| Profit (loss) for the period | 9904 | €17,502 | €65,577 | +€48,076 | +275% |
| Profit (loss) for the period to be appropriated | 9905 | €17,502 | €65,577 | +€48,076 | +275% |
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 18 October 2026 via checked.be.