LV Solution: 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 Solution
Largest movements
- Receivables within one year +€10,180
up €10,180 (+147.7%), from €6,891 to €17,071
of which Trade receivables: +€10,179
- Cash -€9,571
down €9,571 (-82.2%), from €11,642 to €2,071
mainly Receivables within one year (-€10,180) and Other debts (-€7,590)
- Tangible fixed assets -€473
down €473 (-48.0%), from €986 to €512
of which Furniture and vehicles: -€358
- Deferred charges and accrued income -€217
down €217 (-18.1%), from €1,202 to €985
- Other debts -€7,590
down €7,590 (-28.8%), from €26,326 to €18,737
- Profit (loss) carried forward +€6,536
up €6,536 (+37.4%), from -€17,456 to -€10,920
- Tax, wage and social debts +€682
up €682 (+9.5%), from €7,182 to €7,864
of which Taxes: +€682
- Trade debts +€290
up €290 (+17.4%), from €1,667 to €1,958
- Financial charges -€21,373
down €21,373 (-92.7%), from €23,060 to €1,687
- Gross operating margin -€7,128
down €7,128 (-36.5%), from €19,512 to €12,384
- Taxes +€2,363
up €2,363 (+852.9%), from €277 to €2,640
- Other operating charges +€504
up €504 (+92.7%), from €543 to €1,047
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 | €20,720 | €20,639 | -€81 | -0.4% |
| Fixed assets | 21/28 | €986 | €512 | -€473 | -48.0% |
| Tangible fixed assets | 22/27 | €986 | €512 | -€473 | -48.0% |
| Plant, machinery and equipment | 23 | €338 | €223 | -€115 | -34.1% |
| Furniture and vehicles | 24 | €647 | €289 | -€358 | -55.3% |
| Current assets | 29/58 | €19,735 | €20,126 | +€392 | +2.0% |
| Amounts receivable within one year | 40/41 | €6,891 | €17,071 | +€10,180 | +147.7% |
| Trade receivables | 40 | €6,891 | €17,070 | +€10,179 | +147.7% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €11,642 | €2,071 | -€9,571 | -82.2% |
| Deferred charges and accrued income | 490/1 | €1,202 | €985 | -€217 | -18.1% |
| Total equity and liabilities | 10/49 | €20,720 | €20,639 | -€81 | -0.4% |
| Equity | 10/15 | -€14,456 | -€7,920 | +€6,536 | +45.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,456 | -€10,920 | +€6,536 | +37.4% |
| Amounts payable | 17/49 | €35,176 | €28,559 | -€6,617 | -18.8% |
| Amounts payable within one year | 42/48 | €35,176 | €28,559 | -€6,617 | -18.8% |
| Trade debts | 44 | €1,667 | €1,958 | +€290 | +17.4% |
| Suppliers | 440/4 | €1,667 | €1,958 | +€290 | +17.4% |
| Taxes, remuneration and social security | 45 | €7,182 | €7,864 | +€682 | +9.5% |
| Taxes | 450/3 | €4,682 | €5,364 | +€682 | +14.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €26,326 | €18,737 | -€7,590 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €581 | €473 | -€107 | -18.5% |
| Other operating charges | 640/8 | €543 | €1,047 | +€504 | +92.7% |
| Gross operating margin | 9900 | €19,512 | €12,384 | -€7,128 | -36.5% |
| Operating profit (loss) | 9901 | €18,388 | €10,863 | -€7,525 | -40.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €23,060 | €1,687 | -€21,373 | -92.7% |
| Recurring financial charges | 65 | €23,060 | €1,687 | -€21,373 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,671 | €9,176 | +€13,847 | |
| Income taxes | 67/77 | €277 | €2,640 | +€2,363 | +852.9% |
| Profit (loss) for the period | 9904 | -€4,948 | €6,536 | +€11,484 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,948 | €6,536 | +€11,484 |
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 28 September 2026 via checked.be.