LVIV: 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.
LVIV
Largest movements
- Cash +€83,757
up €83,757 (+154.1%), from €54,348 to €138,104
mainly Net result for the year (+€133,012) and Tax, wage and social debts (+€12,847)
- Receivables within one year +€66,702
up €66,702 (+18.9%), from €353,003 to €419,705
of which Other amounts receivable: +€62,198
- Profit (loss) carried forward +€133,012
up €133,012 (+44.9%), from €296,385 to €429,397
- Tax, wage and social debts +€12,847
up €12,847 (+19.5%), from €65,879 to €78,726
- Gross operating margin -€55,501
down €55,501 (-25.6%), from €216,764 to €161,263
- Taxes -€9,628
down €9,628 (-16.5%), from €58,500 to €48,872
- Financial income +€7,972
up €7,972 (+50.4%), from €15,805 to €23,777
- Financial charges -€3,540
down €3,540 (-58.2%), from €6,080 to €2,540
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €480,866 | €630,709 | +€149,843 | +31.2% |
| Fixed assets | 21/28 | €1,755 | €1,139 | -€616 | -35.1% |
| Tangible fixed assets | 22/27 | €1,755 | €1,139 | -€616 | -35.1% |
| Furniture and vehicles | 24 | €1,755 | €1,139 | -€616 | -35.1% |
| Current assets | 29/58 | €479,112 | €629,571 | +€150,459 | +31.4% |
| Stocks and contracts in progress | 3 | €71,761 | €71,761 | = | 0.0% |
| Stocks | 30/36 | €71,761 | €71,761 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €353,003 | €419,705 | +€66,702 | +18.9% |
| Trade receivables | 40 | €29,002 | €33,506 | +€4,504 | +15.5% |
| Other amounts receivable | 41 | €324,001 | €386,199 | +€62,198 | +19.2% |
| Cash at bank and in hand | 54/58 | €54,348 | €138,104 | +€83,757 | +154.1% |
| Total equity and liabilities | 10/49 | €480,866 | €630,709 | +€149,843 | +31.2% |
| Equity | 10/15 | €304,445 | €437,457 | +€133,012 | +43.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | €296,385 | €429,397 | +€133,012 | +44.9% |
| Amounts payable | 17/49 | €176,421 | €193,252 | +€16,831 | +9.5% |
| Amounts payable within one year | 42/48 | €176,421 | €193,252 | +€16,831 | +9.5% |
| Trade debts | 44 | €1,695 | €5,679 | +€3,984 | +235.0% |
| Suppliers | 440/4 | €1,695 | €5,679 | +€3,984 | +235.0% |
| Taxes, remuneration and social security | 45 | €65,879 | €78,726 | +€12,847 | +19.5% |
| Taxes | 450/3 | €65,879 | €78,726 | +€12,847 | +19.5% |
| Other amounts payable | 47/48 | €108,847 | €108,847 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €243 | €616 | +€373 | +153.8% |
| Other operating charges | 640/8 | €609 | €0 | -€609 | -100.0% |
| Gross operating margin | 9900 | €216,764 | €161,263 | -€55,501 | -25.6% |
| Operating profit (loss) | 9901 | €215,912 | €160,647 | -€55,266 | -25.6% |
| Financial income | 75/76B | €15,805 | €23,777 | +€7,972 | +50.4% |
| Recurring financial income | 75 | €15,805 | €23,777 | +€7,972 | +50.4% |
| Financial charges | 65/66B | €6,080 | €2,540 | -€3,540 | -58.2% |
| Recurring financial charges | 65 | €6,080 | €2,540 | -€3,540 | -58.2% |
| Profit (loss) for the period before taxes | 9903 | €225,637 | €181,884 | -€43,754 | -19.4% |
| Income taxes | 67/77 | €58,500 | €48,872 | -€9,628 | -16.5% |
| Profit (loss) for the period | 9904 | €167,137 | €133,012 | -€34,126 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €167,137 | €133,012 | -€34,126 | -20.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.