LVA Industriebouw: what changed
LVA Industriebouw
Largest movements
- Cash -€67,079
down €67,079 (-59.8%), from €112,102 to €45,024
mainly Contributions, distributions and other (-€700,000) and Debts after one year (-€50,000)
- Receivables within one year -€20,628
down €20,628 (-64.6%), from €31,913 to €11,285
of which Trade receivables: -€12,875
- Reserves -€456,266
down €456,266 (-96.1%), from €474,902 to €18,635
- Other debts +€417,649
up €417,649 (+232%), from €180,081 to €597,730
- Debts after one year -€50,000
down €50,000 (-40.0%), from €125,000 to €75,000
- Gross operating margin +€57,460
up €57,460 (+54.1%), from €106,280 to €163,740
- Financial income +€24,052
up €24,052 (+23.8%), from €101,031 to €125,083
- Taxes +€14,276
up €14,276 (+51.8%), from €27,573 to €41,849
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €880,470 | €792,710 | -€87,760 | -10.0% |
| Fixed assets | 21/28 | €735,000 | €735,000 | = | 0.0% |
| Financial fixed assets | 28 | €735,000 | €735,000 | = | 0.0% |
| Current assets | 29/58 | €145,470 | €57,710 | -€87,760 | -60.3% |
| Amounts receivable within one year | 40/41 | €31,913 | €11,285 | -€20,628 | -64.6% |
| Trade receivables | 40 | €14,520 | €1,645 | -€12,875 | -88.7% |
| Other amounts receivable | 41 | €17,393 | €9,640 | -€7,753 | -44.6% |
| Cash at bank and in hand | 54/58 | €112,102 | €45,024 | -€67,079 | -59.8% |
| Deferred charges and accrued income | 490/1 | €1,456 | €1,402 | -€54 | -3.7% |
| Total equity and liabilities | 10/49 | €880,470 | €792,710 | -€87,760 | -10.0% |
| Equity | 10/15 | €509,902 | €53,635 | -€456,266 | -89.5% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €474,902 | €18,635 | -€456,266 | -96.1% |
| Distributable reserves | 133 | €474,902 | €18,635 | -€456,266 | -96.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €370,569 | €739,075 | +€368,506 | +99.4% |
| Amounts payable after more than one year | 17 | €125,000 | €75,000 | -€50,000 | -40.0% |
| Financial debts | 170/4 | €125,000 | €75,000 | -€50,000 | -40.0% |
| Amounts payable within one year | 42/48 | €245,569 | €664,075 | +€418,506 | +170% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €1,905 | €5,028 | +€3,124 | +164% |
| Suppliers | 440/4 | €1,905 | €5,028 | +€3,124 | +164% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €13,583 | €11,316 | -€2,267 | -16.7% |
| Taxes | 450/3 | €13,583 | €11,316 | -€2,267 | -16.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €180,081 | €597,730 | +€417,649 | +232% |
| Other operating charges | 640/8 | €640 | €643 | +€3 | +0.5% |
| Gross operating margin | 9900 | €106,280 | €163,740 | +€57,460 | +54.1% |
| Operating profit (loss) | 9901 | €105,640 | €163,096 | +€57,457 | +54.4% |
| Financial income | 75/76B | €101,031 | €125,083 | +€24,052 | +23.8% |
| Recurring financial income | 75 | €101,031 | €125,083 | +€24,052 | +23.8% |
| Financial charges | 65/66B | €3,163 | €2,596 | -€566 | -17.9% |
| Recurring financial charges | 65 | €3,163 | €2,596 | -€566 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €203,508 | €285,583 | +€82,075 | +40.3% |
| Income taxes | 67/77 | €27,573 | €41,849 | +€14,276 | +51.8% |
| Profit (loss) for the period | 9904 | €175,935 | €243,734 | +€67,799 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €175,935 | €243,734 | +€67,799 | +38.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.