LVF FINANCES: 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.
LVF FINANCES
Largest movements
- Receivables within one year +€8,898
up €8,898 (+12.1%), from €73,550 to €82,448
of which Other amounts receivable: +€8,898
- Accrued charges and deferred income +€36,000
up €36,000 (+54.5%), from €66,014 to €102,014
- Profit (loss) carried forward -€31,833
down €31,833 (-56.3%), from -€56,552 to -€88,385
- Trade debts +€10,930
up €10,930 (+116%), from €9,440 to €20,370
- Turnover -€31,185
down €31,185 (-86.2%), from €36,185 to €5,000
- Purchases and services -€24,986
down €24,986 (-71.7%), from €34,856 to €9,870
- Financial income -€18,775
down €18,775 (-79.9%), from €23,486 to €4,711
of which Non-recurring financial income: -€20,000
- Staff costs -€16,536
down €16,536 (-98.2%), from €16,844 to €308
- Other operating charges +€4,227
up €4,227 (+385%), from €1,099 to €5,326
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 | €610,454 | €624,571 | +€14,117 | +2.3% |
| Fixed assets | 21/28 | €75,669 | €76,290 | +€621 | +0.8% |
| Tangible fixed assets | 22/27 | €669 | €1,290 | +€621 | +92.8% |
| Furniture and vehicles | 24 | €669 | €1,290 | +€621 | +92.8% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €534,785 | €548,281 | +€13,496 | +2.5% |
| Stocks and contracts in progress | 3 | €460,000 | €460,000 | = | 0.0% |
| Stocks | 30/36 | €460,000 | €460,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €73,550 | €82,448 | +€8,898 | +12.1% |
| Trade receivables | 40 | €166 | €166 | = | 0.0% |
| Other amounts receivable | 41 | €73,384 | €82,282 | +€8,898 | +12.1% |
| Cash at bank and in hand | 54/58 | €1,235 | €5,833 | +€4,598 | +372% |
| Total equity and liabilities | 10/49 | €610,454 | €624,571 | +€14,117 | +2.3% |
| Equity | 10/15 | -€48,492 | -€80,325 | -€31,833 | -65.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,552 | -€88,385 | -€31,833 | -56.3% |
| Amounts payable | 17/49 | €658,946 | €704,896 | +€45,950 | +7.0% |
| Amounts payable within one year | 42/48 | €592,932 | €602,882 | +€9,950 | +1.7% |
| Trade debts | 44 | €9,440 | €20,370 | +€10,930 | +116% |
| Suppliers | 440/4 | €9,440 | €20,370 | +€10,930 | +116% |
| Taxes, remuneration and social security | 45 | €15,280 | €13,131 | -€2,149 | -14.1% |
| Taxes | 450/3 | - | €13,131 | +€13,131 | |
| Remuneration and social security | 454/9 | €15,280 | - | -€15,280 | |
| Other amounts payable | 47/48 | €568,212 | €569,381 | +€1,169 | +0.2% |
| Accrued charges and deferred income | 492/3 | €66,014 | €102,014 | +€36,000 | +54.5% |
| Turnover | 70 | €36,185 | €5,000 | -€31,185 | -86.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €34,856 | €9,870 | -€24,986 | -71.7% |
| Remuneration, social security and pensions | 62 | €16,844 | €308 | -€16,536 | -98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €383 | €411 | +€28 | +7.3% |
| Other operating charges | 640/8 | €1,099 | €5,326 | +€4,227 | +385% |
| Non-recurring operating charges | 66A | €9,815 | - | -€9,815 | |
| Gross operating margin | 9900 | €5,938 | €5,805 | -€133 | -2.2% |
| Operating profit (loss) | 9901 | -€22,203 | -€240 | +€21,963 | +98.9% |
| Financial income | 75/76B | €23,486 | €4,711 | -€18,775 | -79.9% |
| Recurring financial income | 75 | €3,486 | €4,711 | +€1,225 | +35.1% |
| Non-recurring financial income | 76B | €20,000 | - | -€20,000 | |
| Financial charges | 65/66B | €36,327 | €36,304 | -€23 | -0.1% |
| Recurring financial charges | 65 | €36,327 | €36,304 | -€23 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€35,044 | -€31,833 | +€3,211 | +9.2% |
| Income taxes | 67/77 | €134 | - | -€134 | |
| Profit (loss) for the period | 9904 | -€35,178 | -€31,833 | +€3,345 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,178 | -€31,833 | +€3,345 | +9.5% |
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 27 October 2026 via checked.be.