LV SOLUTIONS: 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 SOLUTIONS
Largest movements
- Cash -€12,853
down €12,853 (-58.3%), from €22,064 to €9,211
mainly Other debts (-€17,162) and Debts after one year (-€12,245)
- Tangible fixed assets -€9,570
down €9,570 (-2.1%), from €446,587 to €437,017
of which Land and buildings: -€5,231
- Receivables within one year +€8,594
up €8,594 (+39.2%), from €21,903 to €30,497
of which Trade receivables: +€15,935
- Other debts -€17,162
down €17,162 (-42.3%), from €40,595 to €23,433
- Debts after one year -€12,245
down €12,245 (-4.0%), from €306,283 to €294,038
- Trade debts +€7,590
up €7,590 (+207.7%), from €3,654 to €11,244
- Profit (loss) carried forward +€6,506
up €6,506 (+14.2%), from €45,834 to €52,340
- Gross operating margin -€22,416
down €22,416 (-35.5%), from €63,160 to €40,744
- Depreciation -€7,852
down €7,852 (-45.1%), from €17,422 to €9,570
- Taxes -€4,054
down €4,054 (-37.9%), from €10,701 to €6,647
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 | €530,453 | €516,701 | -€13,752 | -2.6% |
| Fixed assets | 21/28 | €446,587 | €437,017 | -€9,570 | -2.1% |
| Tangible fixed assets | 22/27 | €446,587 | €437,017 | -€9,570 | -2.1% |
| Land and buildings | 22 | €442,248 | €437,017 | -€5,231 | -1.2% |
| Furniture and vehicles | 24 | €4,339 | - | -€4,339 | |
| Current assets | 29/58 | €83,866 | €79,684 | -€4,182 | -5.0% |
| Amounts receivable after more than one year | 29 | €39,900 | €39,900 | = | 0.0% |
| Other amounts receivable | 291 | €39,900 | €39,900 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,903 | €30,497 | +€8,594 | +39.2% |
| Trade receivables | 40 | €14,562 | €30,497 | +€15,935 | +109.4% |
| Other amounts receivable | 41 | €7,340 | - | -€7,340 | |
| Cash at bank and in hand | 54/58 | €22,064 | €9,211 | -€12,853 | -58.3% |
| Deferred charges and accrued income | 490/1 | - | €76 | +€76 | |
| Total equity and liabilities | 10/49 | €530,453 | €516,701 | -€13,752 | -2.6% |
| Equity | 10/15 | €163,559 | €170,066 | +€6,506 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,126 | €99,126 | = | 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% |
| Tax-exempt reserves | 132 | €7,391 | €7,391 | = | 0.0% |
| Distributable reserves | 133 | €89,875 | €89,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,834 | €52,340 | +€6,506 | +14.2% |
| Amounts payable | 17/49 | €366,894 | €346,636 | -€20,258 | -5.5% |
| Amounts payable after more than one year | 17 | €306,283 | €294,038 | -€12,245 | -4.0% |
| Financial debts | 170/4 | €306,283 | €294,038 | -€12,245 | -4.0% |
| Amounts payable within one year | 42/48 | €60,611 | €52,597 | -€8,013 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €11,772 | €12,245 | +€473 | +4.0% |
| Financial debts | 43 | - | €1,397 | +€1,397 | |
| Credit institutions | 430/8 | - | €1,397 | +€1,397 | |
| Trade debts | 44 | €3,654 | €11,244 | +€7,590 | +207.7% |
| Suppliers | 440/4 | €3,654 | €11,244 | +€7,590 | +207.7% |
| Taxes, remuneration and social security | 45 | €4,590 | €4,279 | -€312 | -6.8% |
| Taxes | 450/3 | €4,590 | €3,879 | -€712 | -15.5% |
| Remuneration and social security | 454/9 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €40,595 | €23,433 | -€17,162 | -42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,422 | €9,570 | -€7,852 | -45.1% |
| Other operating charges | 640/8 | €2,602 | €3,201 | +€599 | +23.0% |
| Gross operating margin | 9900 | €63,160 | €40,744 | -€22,416 | -35.5% |
| Operating profit (loss) | 9901 | €43,136 | €27,974 | -€15,163 | -35.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €15,303 | €14,820 | -€483 | -3.2% |
| Recurring financial charges | 65 | €15,303 | €14,820 | -€483 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €27,833 | €13,154 | -€14,680 | -52.7% |
| Income taxes | 67/77 | €10,701 | €6,647 | -€4,054 | -37.9% |
| Profit (loss) for the period | 9904 | €17,132 | €6,506 | -€10,626 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,132 | €6,506 | -€10,626 | -62.0% |
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 11 October 2026 via checked.be.