LVD Medical: what changed
What changed
LVD Medical
NACE 86.220, Specialist medical practice
filed annual accounts (NBB)
Net result for the year
€150,708
2024 · €133,952+€16,756
Equity
€369,980
2024 · €219,272+€150,708
Cash
€420,366
2024 · €266,420+€153,946
Balance sheet total
€460,227
2024 · €316,382+€143,845
Largest movements
Assets
- Cash +€153,946
up €153,946 (+57.8%), from €266,420 to €420,366
mainly Net result for the year (+€150,708) and Depreciation (+€13,847)
- Tangible fixed assets -€12,449
down €12,449 (-25.9%), from €48,134 to €35,685
Equity and liabilities
- Profit (loss) carried forward +€150,708
up €150,708 (+113%), from €133,952 to €284,660
- Debts after one year -€13,026
down €13,026 (-37.6%), from €34,604 to €21,578
- Tax, wage and social debts +€5,122
up €5,122 (+10.7%), from €47,720 to €52,842
of which Taxes: +€5,122
Income statement
- Purchases and services -€131,472
no longer reported in 2025 (was €131,472)
- Gross operating margin +€19,425
up €19,425 (+10.2%), from €191,117 to €210,541
- Taxes +€4,458
up €4,458 (+11.1%), from €40,320 to €44,778
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.
Result 2024
€133,952
Gross operating margin
+€19,425
Depreciation
-€502
Other operating charges
+€1,274
Financial income
+€620
Financial charges
+€397
Taxes
-€4,458
Result 2025
€150,708
raises the resultlowers the result
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.
From operations
+€167,923
Investment
-€1,399
Financing
-€12,579
Cash 2024
€266,420
From operations (derived)
+€167,923
Net result for the year
+€150,708
Depreciation
+€13,847
Deferred charges and accrued income
-€2,347
Trade debts
-€1,059
Tax, wage and social debts
+€5,122
Other debts
+€484
Accrued charges and deferred income
+€1,169
Investment (derived)
-€1,399
Investment in fixed assets (net)
-€1,399
Financing
-€12,579
Debts after one year
-€13,026
Current portion of long-term debt
+€447
Cash 2025
€420,366
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €316,382 | €460,227 | +€143,845 | +45.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €48,134 | €35,685 | -€12,449 | -25.9% |
| Tangible fixed assets | 22/27 | €48,134 | €35,685 | -€12,449 | -25.9% |
| Furniture and vehicles | 24 | €48,134 | €35,685 | -€12,449 | -25.9% |
| Current assets | 29/58 | €268,248 | €424,541 | +€156,293 | +58.3% |
| Amounts receivable within one year | 40/41 | €100 | €100 | = | 0.0% |
| Other amounts receivable | 41 | €100 | €100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €266,420 | €420,366 | +€153,946 | +57.8% |
| Deferred charges and accrued income | 490/1 | €1,728 | €4,076 | +€2,347 | +136% |
| Total equity and liabilities | 10/49 | €316,382 | €460,227 | +€143,845 | +45.5% |
| Equity | 10/15 | €219,272 | €369,980 | +€150,708 | +68.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €83,320 | €83,320 | = | 0.0% |
| Distributable reserves | 133 | €83,320 | €83,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,952 | €284,660 | +€150,708 | +113% |
| Amounts payable | 17/49 | €97,110 | €90,247 | -€6,863 | -7.1% |
| Amounts payable after more than one year | 17 | €34,604 | €21,578 | -€13,026 | -37.6% |
| Financial debts | 170/4 | €34,604 | €21,578 | -€13,026 | -37.6% |
| Amounts payable within one year | 42/48 | €62,506 | €67,500 | +€4,994 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €12,579 | €13,026 | +€447 | +3.6% |
| Trade debts | 44 | €1,159 | €100 | -€1,059 | -91.4% |
| Suppliers | 440/4 | €1,159 | €100 | -€1,059 | -91.4% |
| Taxes, remuneration and social security | 45 | €47,720 | €52,842 | +€5,122 | +10.7% |
| Taxes | 450/3 | €47,720 | €52,842 | +€5,122 | +10.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,048 | €1,532 | +€484 | +46.1% |
| Accrued charges and deferred income | 492/3 | - | €1,169 | +€1,169 | |
| Goods, raw materials, services and sundry goods | 60/61 | €131,472 | - | -€131,472 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,345 | €13,847 | +€502 | +3.8% |
| Other operating charges | 640/8 | €1,586 | €312 | -€1,274 | -80.3% |
| Gross operating margin | 9900 | €191,117 | €210,541 | +€19,425 | +10.2% |
| Operating profit (loss) | 9901 | €176,186 | €196,382 | +€20,196 | +11.5% |
| Financial income | 75/76B | - | €620 | +€620 | |
| Recurring financial income | 75 | - | €620 | +€620 | |
| Financial charges | 65/66B | €1,914 | €1,517 | -€397 | -20.8% |
| Recurring financial charges | 65 | €1,914 | €1,517 | -€397 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €174,272 | €195,485 | +€21,214 | +12.2% |
| Income taxes | 67/77 | €40,320 | €44,778 | +€4,458 | +11.1% |
| Profit (loss) for the period | 9904 | €133,952 | €150,708 | +€16,756 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €133,952 | €150,708 | +€16,756 | +12.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.