LV Linguistics: 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 Linguistics
Largest movements
- Receivables within one year -€13,416
down €13,416 (-68.5%), from €19,573 to €6,157
of which Trade receivables: -€12,024
- Tangible fixed assets -€12,106
down €12,106 (-81.2%), from €14,916 to €2,810
of which Furniture and vehicles: -€11,405
- Cash -€5,005
down €5,005 (-84.1%), from €5,947 to €943
mainly Net result for the year (-€33,487) and Tax, wage and social debts (-€8,120)
- Receivables after one year -€1,032
down €1,032 (-7.9%), from €13,000 to €11,968
- Profit (loss) carried forward -€33,487
down €33,487, from €3,424 to -€30,062
- Other debts +€12,167
new in 2025: €12,167
- Tax, wage and social debts -€8,120
down €8,120 (-76.6%), from €10,606 to €2,486
- Trade debts -€1,968
down €1,968 (-10.7%), from €18,323 to €16,355
- Current portion of long-term debt -€667
down €667 (-100%), from €667 to €0
- Gross operating margin -€24,097
down €24,097 (-67.9%), from €35,490 to €11,393
- Other operating charges -€1,001
down €1,001 (-74.0%), from €1,352 to €352
- Depreciation -€929
down €929 (-7.1%), from €13,035 to €12,106
- Financial charges -€493
down €493 (-68.4%), from €720 to €227
- Staff costs +€363
up €363 (+1.1%), from €31,691 to €32,054
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 | €53,480 | €21,878 | -€31,602 | -59.1% |
| Fixed assets | 21/28 | €14,916 | €2,810 | -€12,106 | -81.2% |
| Tangible fixed assets | 22/27 | €14,916 | €2,810 | -€12,106 | -81.2% |
| Plant, machinery and equipment | 23 | €1,782 | €1,437 | -€344 | -19.3% |
| Furniture and vehicles | 24 | €12,635 | €1,230 | -€11,405 | -90.3% |
| Other tangible fixed assets | 26 | €499 | €142 | -€357 | -71.5% |
| Current assets | 29/58 | €38,564 | €19,068 | -€19,496 | -50.6% |
| Amounts receivable after more than one year | 29 | €13,000 | €11,968 | -€1,032 | -7.9% |
| Other amounts receivable | 291 | €13,000 | €11,968 | -€1,032 | -7.9% |
| Amounts receivable within one year | 40/41 | €19,573 | €6,157 | -€13,416 | -68.5% |
| Trade receivables | 40 | €18,181 | €6,157 | -€12,024 | -66.1% |
| Other amounts receivable | 41 | €1,392 | €0 | -€1,392 | -100% |
| Cash at bank and in hand | 54/58 | €5,947 | €943 | -€5,005 | -84.1% |
| Deferred charges and accrued income | 490/1 | €43 | €0 | -€43 | -100% |
| Total equity and liabilities | 10/49 | €53,480 | €21,878 | -€31,602 | -59.1% |
| Equity | 10/15 | €23,884 | -€9,602 | -€33,487 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,424 | -€30,062 | -€33,487 | |
| Amounts payable | 17/49 | €29,596 | €31,481 | +€1,885 | +6.4% |
| Amounts payable within one year | 42/48 | €29,596 | €31,481 | +€1,885 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €667 | €0 | -€667 | -100% |
| Financial debts | 43 | - | €472 | +€472 | |
| Credit institutions | 430/8 | - | €472 | +€472 | |
| Trade debts | 44 | €18,323 | €16,355 | -€1,968 | -10.7% |
| Suppliers | 440/4 | €18,323 | €16,355 | -€1,968 | -10.7% |
| Taxes, remuneration and social security | 45 | €10,606 | €2,486 | -€8,120 | -76.6% |
| Taxes | 450/3 | €10,606 | €2,486 | -€8,120 | -76.6% |
| Other amounts payable | 47/48 | - | €12,167 | +€12,167 | |
| Remuneration, social security and pensions | 62 | €31,691 | €32,054 | +€363 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,035 | €12,106 | -€929 | -7.1% |
| Other operating charges | 640/8 | €1,352 | €352 | -€1,001 | -74.0% |
| Gross operating margin | 9900 | €35,490 | €11,393 | -€24,097 | -67.9% |
| Operating profit (loss) | 9901 | -€10,588 | -€33,118 | -€22,530 | -213% |
| Financial charges | 65/66B | €720 | €227 | -€493 | -68.4% |
| Recurring financial charges | 65 | €720 | €227 | -€493 | -68.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,308 | -€33,346 | -€22,038 | -195% |
| Income taxes | 67/77 | €144 | €141 | -€3 | -2.1% |
| Profit (loss) for the period | 9904 | -€11,452 | -€33,487 | -€22,035 | -192% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,452 | -€33,487 | -€22,035 | -192% |
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 30 October 2026 via checked.be.