LVC en Partners: 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.
LVC en Partners
Largest movements
- Cash +€54,672
up €54,672 (+471%), from €11,617 to €66,289
mainly Trade debts (+€68,123) and Tax, wage and social debts (+€7,432)
- Tangible fixed assets +€27,710
new in 2025: €27,710
- Receivables within one year -€1,371
down €1,371 (-3.2%), from €43,159 to €41,789
of which Trade receivables: -€2,400
- Trade debts +€68,123
new in 2025: €68,123
- Tax, wage and social debts +€7,432
new in 2025: €7,432
- Reserves +€5,564
up €5,564 (+11.5%), from €48,463 to €54,028
- Gross operating margin +€8,479
up €8,479, from -€1,697 to €6,782
- Financial income -€252
no longer reported in 2025 (was €252)
- Financial charges -€243
down €243 (-51.6%), from €471 to €228
- Depreciation +€168
up €168 (+55.6%), from €302 to €470
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 | €54,777 | €135,788 | +€81,011 | +148% |
| Fixed assets | 21/28 | - | €27,710 | +€27,710 | |
| Tangible fixed assets | 22/27 | - | €27,710 | +€27,710 | |
| Furniture and vehicles | 24 | - | €27,710 | +€27,710 | |
| Current assets | 29/58 | €54,777 | €108,078 | +€53,302 | +97.3% |
| Amounts receivable within one year | 40/41 | €43,159 | €41,789 | -€1,371 | -3.2% |
| Trade receivables | 40 | €24,000 | €21,600 | -€2,400 | -10.0% |
| Other amounts receivable | 41 | €19,159 | €20,189 | +€1,029 | +5.4% |
| Cash at bank and in hand | 54/58 | €11,617 | €66,289 | +€54,672 | +471% |
| Total equity and liabilities | 10/49 | €54,777 | €135,788 | +€81,011 | +148% |
| Equity | 10/15 | €54,669 | €60,233 | +€5,564 | +10.2% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Contributions outside capital | 11 | €6,205 | €6,205 | = | 0.0% |
| Other | 1109/19 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €48,463 | €54,028 | +€5,564 | +11.5% |
| Distributable reserves | 133 | €48,463 | €54,028 | +€5,564 | +11.5% |
| Amounts payable | 17/49 | €108 | €75,555 | +€75,447 | +69,839% |
| Amounts payable within one year | 42/48 | - | €75,555 | +€75,555 | |
| Trade debts | 44 | - | €68,123 | +€68,123 | |
| Suppliers | 440/4 | - | €68,123 | +€68,123 | |
| Taxes, remuneration and social security | 45 | - | €7,432 | +€7,432 | |
| Taxes | 450/3 | - | €7,432 | +€7,432 | |
| Accrued charges and deferred income | 492/3 | €108 | - | -€108 | |
| Non-recurring operating income | 76A | - | €9,176 | +€9,176 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €302 | €470 | +€168 | +55.6% |
| Other operating charges | 640/8 | €506 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€1,697 | €6,782 | +€8,479 | |
| Operating profit (loss) | 9901 | -€2,505 | €5,792 | +€8,297 | |
| Financial income | 75/76B | €252 | - | -€252 | |
| Recurring financial income | 75 | €252 | - | -€252 | |
| Financial charges | 65/66B | €471 | €228 | -€243 | -51.6% |
| Recurring financial charges | 65 | €471 | €228 | -€243 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,723 | €5,564 | +€8,288 | |
| Profit (loss) for the period | 9904 | -€2,723 | €5,564 | +€8,288 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,723 | €5,564 | +€8,288 |
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 28 October 2026 via checked.be.