LV MANAGEMENT: 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.
LV MANAGEMENT
Largest movements
- Deferred charges and accrued income -€7,499
no longer reported in 2025 (was €7,499)
- Cash +€4,405
new in 2025: €4,405
mainly Deferred charges and accrued income (+€7,499) and Net result for the year (+€5,076)
- Profit (loss) carried forward -€2,423
down €2,423 (-262.5%), from -€923 to -€3,346
- Financial income +€5,600
new in 2025: €5,600
- Gross operating margin -€310
new in 2025: -€310
- Other operating charges +€126
new in 2025: €126
- Financial charges +€89
new in 2025: €89
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €117,593 | €115,339 | -€2,254 | -1.9% |
| Fixed assets | 21/28 | €110,094 | €110,094 | = | 0.0% |
| Financial fixed assets | 28 | €110,094 | €110,094 | = | 0.0% |
| Current assets | 29/58 | €7,499 | €5,245 | -€2,254 | -30.1% |
| Amounts receivable within one year | 40/41 | - | €840 | +€840 | |
| Other amounts receivable | 41 | - | €840 | +€840 | |
| Cash at bank and in hand | 54/58 | - | €4,405 | +€4,405 | |
| Deferred charges and accrued income | 490/1 | €7,499 | - | -€7,499 | |
| Total equity and liabilities | 10/49 | €117,593 | €115,339 | -€2,254 | -1.9% |
| Equity | 10/15 | -€922 | -€3,345 | -€2,423 | -262.8% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€923 | -€3,346 | -€2,423 | -262.5% |
| Amounts payable | 17/49 | €118,515 | €118,685 | +€170 | +0.1% |
| Amounts payable after more than one year | 17 | €116,405 | €116,405 | = | 0.0% |
| Financial debts | 170/4 | €116,405 | €116,405 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,110 | €2,280 | +€170 | +8.0% |
| Other amounts payable | 47/48 | €2,110 | €2,280 | +€170 | +8.0% |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Gross operating margin | 9900 | - | -€310 | -€310 | |
| Operating profit (loss) | 9901 | - | -€436 | -€436 | |
| Financial income | 75/76B | - | €5,600 | +€5,600 | |
| Recurring financial income | 75 | - | €5,600 | +€5,600 | |
| Financial charges | 65/66B | - | €89 | +€89 | |
| Recurring financial charges | 65 | - | €89 | +€89 | |
| Profit (loss) for the period before taxes | 9903 | - | €5,076 | +€5,076 | |
| Profit (loss) for the period | 9904 | - | €5,076 | +€5,076 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €5,076 | +€5,076 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.