LVB Invest: 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.
LVB Invest
Largest movements
- Tangible fixed assets -€22,537
down €22,537 (-4.9%), from €461,475 to €438,938
of which Land and buildings: -€21,243
- Debts after one year -€21,224
down €21,224 (-6.0%), from €350,928 to €329,704
- Gross operating margin +€1,334
up €1,334 (+4.4%), from €30,192 to €31,525
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.
Derived cash bridge
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 | €479,170 | €459,290 | -€19,879 | -4.1% |
| Fixed assets | 21/28 | €461,475 | €438,938 | -€22,537 | -4.9% |
| Tangible fixed assets | 22/27 | €461,475 | €438,938 | -€22,537 | -4.9% |
| Land and buildings | 22 | €452,118 | €430,875 | -€21,243 | -4.7% |
| Plant, machinery and equipment | 23 | €9,357 | €8,063 | -€1,294 | -13.8% |
| Current assets | 29/58 | €17,695 | €20,352 | +€2,658 | +15.0% |
| Amounts receivable within one year | 40/41 | €650 | €1,845 | +€1,195 | +184% |
| Trade receivables | 40 | €650 | €1,845 | +€1,195 | +184% |
| Cash at bank and in hand | 54/58 | €17,044 | €18,507 | +€1,463 | +8.6% |
| Total equity and liabilities | 10/49 | €479,170 | €459,290 | -€19,879 | -4.1% |
| Equity | 10/15 | €101,247 | €102,908 | +€1,661 | +1.6% |
| Contributions | 10/11 | €118,000 | €118,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,753 | -€15,092 | +€1,661 | +9.9% |
| Amounts payable | 17/49 | €377,923 | €356,382 | -€21,541 | -5.7% |
| Amounts payable after more than one year | 17 | €350,928 | €329,704 | -€21,224 | -6.0% |
| Financial debts | 170/4 | €350,928 | €329,704 | -€21,224 | -6.0% |
| Amounts payable within one year | 42/48 | €26,995 | €26,678 | -€316 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €20,971 | €21,224 | +€253 | +1.2% |
| Trade debts | 44 | €4,304 | €3,630 | -€674 | -15.7% |
| Suppliers | 440/4 | €4,304 | €3,630 | -€674 | -15.7% |
| Taxes, remuneration and social security | 45 | €1,719 | €1,824 | +€104 | +6.1% |
| Taxes | 450/3 | €1,719 | €1,824 | +€104 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,537 | €22,537 | = | 0.0% |
| Other operating charges | 640/8 | €2,929 | €3,028 | +€100 | +3.4% |
| Gross operating margin | 9900 | €30,192 | €31,525 | +€1,334 | +4.4% |
| Operating profit (loss) | 9901 | €4,726 | €5,960 | +€1,234 | +26.1% |
| Financial income | 75/76B | €21 | €91 | +€70 | +338% |
| Recurring financial income | 75 | €21 | €91 | +€70 | +338% |
| Financial charges | 65/66B | €4,687 | €4,390 | -€298 | -6.4% |
| Recurring financial charges | 65 | €4,687 | €4,390 | -€298 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €60 | €1,661 | +€1,602 | +2,688% |
| Profit (loss) for the period | 9904 | €60 | €1,661 | +€1,602 | +2,688% |
| Profit (loss) for the period to be appropriated | 9905 | €60 | €1,661 | +€1,602 | +2,688% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.