LVHS: what changed
Two fiscal 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.
LVHS
Largest movements
- Receivables within one year -€21,523
no longer reported in 2025 (was €21,523)
of which Trade receivables: -€21,130
- Cash -€3,406
down €3,406 (-59.3%), from €5,743 to €2,338
mainly Other debts (-€11,695) and Net result for the year (-€11,250)
- Other debts -€11,695
down €11,695 (-65.5%), from €17,866 to €6,171
- Profit (loss) carried forward -€11,250
down €11,250 (-300.5%), from -€3,743 to -€14,993
- Trade debts -€2,062
no longer reported in 2025 (was €2,062)
- Other operating charges +€9,153
up €9,153 (+2247.0%), from €407 to €9,560
- Gross operating margin +€2,989
up €2,989 (+65.2%), from -€4,584 to -€1,595
- Financial charges -€245
down €245 (-72.3%), from €339 to €94
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.
Cash bridge derived
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 | €27,345 | €2,338 | -€25,007 | -91.5% |
| Fixed assets | 21/28 | €79 | - | -€79 | |
| Financial fixed assets | 28 | €79 | - | -€79 | |
| Current assets | 29/58 | €27,266 | €2,338 | -€24,928 | -91.4% |
| Amounts receivable within one year | 40/41 | €21,523 | - | -€21,523 | |
| Trade receivables | 40 | €21,130 | - | -€21,130 | |
| Other amounts receivable | 41 | €392 | - | -€392 | |
| Cash at bank and in hand | 54/58 | €5,743 | €2,338 | -€3,406 | -59.3% |
| Total equity and liabilities | 10/49 | €27,345 | €2,338 | -€25,007 | -91.5% |
| Equity | 10/15 | €7,417 | -€3,833 | -€11,250 | |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,743 | -€14,993 | -€11,250 | -300.5% |
| Amounts payable | 17/49 | €19,928 | €6,171 | -€13,757 | -69.0% |
| Amounts payable within one year | 42/48 | €19,928 | €6,171 | -€13,757 | -69.0% |
| Trade debts | 44 | €2,062 | - | -€2,062 | |
| Suppliers | 440/4 | €2,062 | - | -€2,062 | |
| Other amounts payable | 47/48 | €17,866 | €6,171 | -€11,695 | -65.5% |
| Other operating charges | 640/8 | €407 | €9,560 | +€9,153 | +2247.0% |
| Gross operating margin | 9900 | -€4,584 | -€1,595 | +€2,989 | +65.2% |
| Operating profit (loss) | 9901 | -€4,992 | -€11,156 | -€6,164 | -123.5% |
| Financial charges | 65/66B | €339 | €94 | -€245 | -72.3% |
| Recurring financial charges | 65 | €339 | €94 | -€245 | -72.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,331 | -€11,250 | -€5,919 | -111.0% |
| Profit (loss) for the period | 9904 | -€5,331 | -€11,250 | -€5,919 | -111.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,331 | -€11,250 | -€5,919 | -111.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.