LV PROPERTIES: 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 PROPERTIES
Largest movements
- Cash +€25,999
up €25,999 (+194.5%), from €13,364 to €39,363
mainly Other debts (+€51,632) and Net result for the year (+€17,223)
- Tangible fixed assets -€8,166
down €8,166 (-17.1%), from €47,768 to €39,602
of which Other tangible fixed assets: -€5,663
- Receivables within one year -€3,607
down €3,607 (-10.5%), from €34,355 to €30,748
of which Other amounts receivable: -€2,040
- Other debts +€51,632
up €51,632 (+68916.4%), from €75 to €51,707
- Profit (loss) carried forward -€42,777
down €42,777 (-68.7%), from €62,242 to €19,465
- Trade debts +€14,980
up €14,980 (+164.7%), from €9,093 to €24,073
- Tax, wage and social debts -€9,353
down €9,353 (-44.0%), from €21,249 to €11,896
- Gross operating margin +€26,105
up €26,105 (+301.0%), from €8,673 to €34,778
- Taxes +€6,104
up €6,104, from -€99 to €6,006
- Depreciation -€742
down €742 (-7.5%), from €9,885 to €9,144
- Financial charges +€395
up €395 (+411.6%), from €96 to €492
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 | €97,660 | €111,141 | +€13,482 | +13.8% |
| Fixed assets | 21/28 | €47,768 | €39,602 | -€8,166 | -17.1% |
| Tangible fixed assets | 22/27 | €47,768 | €39,602 | -€8,166 | -17.1% |
| Land and buildings | 22 | €10,297 | €8,991 | -€1,307 | -12.7% |
| Plant, machinery and equipment | 23 | €2,083 | €1,845 | -€238 | -11.4% |
| Furniture and vehicles | 24 | €2,930 | €1,971 | -€958 | -32.7% |
| Other tangible fixed assets | 26 | €32,458 | €26,795 | -€5,663 | -17.4% |
| Current assets | 29/58 | €49,892 | €71,540 | +€21,648 | +43.4% |
| Amounts receivable within one year | 40/41 | €34,355 | €30,748 | -€3,607 | -10.5% |
| Trade receivables | 40 | €24,751 | €23,184 | -€1,567 | -6.3% |
| Other amounts receivable | 41 | €9,604 | €7,564 | -€2,040 | -21.2% |
| Cash at bank and in hand | 54/58 | €13,364 | €39,363 | +€25,999 | +194.5% |
| Deferred charges and accrued income | 490/1 | €2,173 | €1,429 | -€744 | -34.2% |
| Total equity and liabilities | 10/49 | €97,660 | €111,141 | +€13,482 | +13.8% |
| Equity | 10/15 | €64,742 | €21,965 | -€42,777 | -66.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,242 | €19,465 | -€42,777 | -68.7% |
| Amounts payable | 17/49 | €32,918 | €89,176 | +€56,259 | +170.9% |
| Amounts payable within one year | 42/48 | €30,418 | €87,676 | +€57,259 | +188.2% |
| Trade debts | 44 | €9,093 | €24,073 | +€14,980 | +164.7% |
| Suppliers | 440/4 | €9,093 | €24,073 | +€14,980 | +164.7% |
| Taxes, remuneration and social security | 45 | €21,249 | €11,896 | -€9,353 | -44.0% |
| Taxes | 450/3 | €21,249 | €11,896 | -€9,353 | -44.0% |
| Other amounts payable | 47/48 | €75 | €51,707 | +€51,632 | +68916.4% |
| Accrued charges and deferred income | 492/3 | €2,500 | €1,500 | -€1,000 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,885 | €9,144 | -€742 | -7.5% |
| Other operating charges | 640/8 | €2,225 | €1,917 | -€309 | -13.9% |
| Gross operating margin | 9900 | €8,673 | €34,778 | +€26,105 | +301.0% |
| Operating profit (loss) | 9901 | -€3,438 | €23,717 | +€27,155 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €96 | €492 | +€395 | +411.6% |
| Recurring financial charges | 65 | €96 | €492 | +€395 | +411.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,534 | €23,229 | +€26,763 | |
| Income taxes | 67/77 | -€99 | €6,006 | +€6,104 | |
| Profit (loss) for the period | 9904 | -€3,435 | €17,223 | +€20,658 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,435 | €17,223 | +€20,658 |
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 9 October 2026 via checked.be.