LVL GROUP: 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.
LVL GROUP
Largest movements
- Receivables within one year -€1,942
down €1,942 (-76.3%), from €2,546 to €603
of which Trade receivables: -€2,546
- Tangible fixed assets -€412
down €412 (-38.7%), from €1,065 to €653
of which Other tangible fixed assets: -€212
- Cash -€67
down €67 (-100.0%), from €67 to €0
mainly Other debts (-€1,425) and Net result for the year (-€1,026)
- Other debts -€1,425
down €1,425 (-32.8%), from €4,345 to €2,921
- Profit (loss) carried forward -€1,026
down €1,026 (-61.5%), from -€1,668 to -€2,695
- Gross operating margin -€1,872
down €1,872, from €1,382 to -€490
- Financial charges -€26
down €26 (-17.4%), from €150 to €124
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 | €3,677 | €1,256 | -€2,421 | -65.8% |
| Fixed assets | 21/28 | €1,065 | €653 | -€412 | -38.7% |
| Tangible fixed assets | 22/27 | €1,065 | €653 | -€412 | -38.7% |
| Furniture and vehicles | 24 | €220 | €19 | -€201 | -91.4% |
| Other tangible fixed assets | 26 | €845 | €634 | -€212 | -25.0% |
| Current assets | 29/58 | €2,612 | €603 | -€2,009 | -76.9% |
| Amounts receivable within one year | 40/41 | €2,546 | €603 | -€1,942 | -76.3% |
| Trade receivables | 40 | €2,546 | €0 | -€2,546 | -100.0% |
| Other amounts receivable | 41 | €0 | €603 | +€603 | |
| Cash at bank and in hand | 54/58 | €67 | €0 | -€67 | -100.0% |
| Total equity and liabilities | 10/49 | €3,677 | €1,256 | -€2,421 | -65.8% |
| Equity | 10/15 | -€668 | -€1,695 | -€1,026 | -153.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,668 | -€2,695 | -€1,026 | -61.5% |
| Amounts payable | 17/49 | €4,345 | €2,951 | -€1,395 | -32.1% |
| Amounts payable within one year | 42/48 | €4,345 | €2,951 | -€1,395 | -32.1% |
| Financial debts | 43 | - | €30 | +€30 | |
| Credit institutions | 430/8 | - | €30 | +€30 | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,345 | €2,921 | -€1,425 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412 | €412 | = | 0.0% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €1,382 | -€490 | -€1,872 | |
| Operating profit (loss) | 9901 | €970 | -€902 | -€1,872 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €150 | €124 | -€26 | -17.4% |
| Recurring financial charges | 65 | €150 | €124 | -€26 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €820 | -€1,026 | -€1,846 | |
| Profit (loss) for the period | 9904 | €820 | -€1,026 | -€1,846 | |
| Profit (loss) for the period to be appropriated | 9905 | €820 | -€1,026 | -€1,846 |
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 8 October 2026 via checked.be.