Lvé: 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.
Lvé
Largest movements
- Cash -€133,554
down €133,554 (-51.1%), from €261,428 to €127,874
mainly Contributions, distributions and other (-€242,899) and Tax, wage and social debts (-€76,985)
- Deferred charges and accrued income -€45,080
down €45,080 (-28.4%), from €158,620 to €113,540
- Tangible fixed assets -€13,371
down €13,371 (-35.4%), from €37,721 to €24,350
of which Furniture and vehicles: -€12,681
- Tax, wage and social debts -€76,985
down €76,985 (-48.3%), from €159,474 to €82,489
of which Taxes: -€78,749
- Debts after one year -€56,400
down €56,400 (-18.2%), from €310,165 to €253,764
- Profit (loss) carried forward -€48,175
down €48,175 (-19.8%), from €242,899 to €194,724
- Trade debts -€16,577
down €16,577 (-86.9%), from €19,075 to €2,498
- Gross operating margin -€50,268
down €50,268 (-15.1%), from €332,076 to €281,808
- Taxes -€12,739
down €12,739 (-15.6%), from €81,912 to €69,173
- Financial income -€10,227
down €10,227 (-77.1%), from €13,269 to €3,041
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 | €1,109,854 | €912,287 | -€197,567 | -17.8% |
| Fixed assets | 21/28 | €671,221 | €657,850 | -€13,371 | -2.0% |
| Tangible fixed assets | 22/27 | €37,721 | €24,350 | -€13,371 | -35.4% |
| Land and buildings | 22 | €3,052 | €2,912 | -€140 | -4.6% |
| Furniture and vehicles | 24 | €31,935 | €19,254 | -€12,681 | -39.7% |
| Other tangible fixed assets | 26 | €2,734 | €2,184 | -€551 | -20.1% |
| Financial fixed assets | 28 | €633,500 | €633,500 | = | 0.0% |
| Current assets | 29/58 | €438,633 | €254,437 | -€184,195 | -42.0% |
| Amounts receivable within one year | 40/41 | €18,584 | €13,022 | -€5,562 | -29.9% |
| Other amounts receivable | 41 | €18,584 | €13,022 | -€5,562 | -29.9% |
| Cash at bank and in hand | 54/58 | €261,428 | €127,874 | -€133,554 | -51.1% |
| Deferred charges and accrued income | 490/1 | €158,620 | €113,540 | -€45,080 | -28.4% |
| Total equity and liabilities | 10/49 | €1,109,854 | €912,287 | -€197,567 | -17.8% |
| Equity | 10/15 | €564,587 | €516,412 | -€48,175 | -8.5% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €318,087 | €318,087 | = | 0.0% |
| Distributable reserves | 133 | €318,087 | €318,087 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,899 | €194,724 | -€48,175 | -19.8% |
| Amounts payable | 17/49 | €545,267 | €395,876 | -€149,392 | -27.4% |
| Amounts payable after more than one year | 17 | €310,165 | €253,764 | -€56,400 | -18.2% |
| Financial debts | 170/4 | €310,165 | €253,764 | -€56,400 | -18.2% |
| Amounts payable within one year | 42/48 | €234,171 | €141,388 | -€92,783 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €55,622 | €56,400 | +€779 | +1.4% |
| Trade debts | 44 | €19,075 | €2,498 | -€16,577 | -86.9% |
| Suppliers | 440/4 | €19,075 | €2,498 | -€16,577 | -86.9% |
| Taxes, remuneration and social security | 45 | €159,474 | €82,489 | -€76,985 | -48.3% |
| Taxes | 450/3 | €159,474 | €80,725 | -€78,749 | -49.4% |
| Remuneration and social security | 454/9 | - | €1,764 | +€1,764 | |
| Accrued charges and deferred income | 492/3 | €932 | €724 | -€208 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,218 | €13,371 | +€1,153 | +9.4% |
| Other operating charges | 640/8 | €3,013 | €2,017 | -€997 | -33.1% |
| Gross operating margin | 9900 | €332,076 | €281,808 | -€50,268 | -15.1% |
| Operating profit (loss) | 9901 | €316,845 | €266,420 | -€50,425 | -15.9% |
| Financial income | 75/76B | €13,269 | €3,041 | -€10,227 | -77.1% |
| Recurring financial income | 75 | €13,269 | €3,041 | -€10,227 | -77.1% |
| Financial charges | 65/66B | €5,302 | €5,564 | +€262 | +4.9% |
| Recurring financial charges | 65 | €5,302 | €5,564 | +€262 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €324,811 | €263,897 | -€60,914 | -18.8% |
| Income taxes | 67/77 | €81,912 | €69,173 | -€12,739 | -15.6% |
| Profit (loss) for the period | 9904 | €242,899 | €194,724 | -€48,175 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €242,899 | €194,724 | -€48,175 | -19.8% |
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 24 October 2026 via checked.be.