LVL Trailers: 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.
LVL Trailers
Largest movements
- Receivables within one year +€272,479
up €272,479 (+274.6%), from €99,230 to €371,709
of which Trade receivables: +€272,412
- Tangible fixed assets +€185,019
up €185,019 (+48.9%), from €378,735 to €563,754
of which Land and buildings: +€385,905
- Stocks and contracts -€11,107
down €11,107 (-10.6%), from €104,766 to €93,659
- Trade debts +€230,782
up €230,782 (+175.3%), from €131,663 to €362,446
- Debts after one year +€189,859
up €189,859 (+79.0%), from €240,221 to €430,080
- Profit (loss) carried forward +€30,096
up €30,096 (+103.1%), from €29,186 to €59,282
- Current portion of long-term debt +€14,012
up €14,012 (+78.3%), from €17,900 to €31,912
- Gross operating margin +€51,842
up €51,842 (+64.7%), from €80,152 to €131,994
- Depreciation +€21,239
up €21,239 (+271.7%), from €7,818 to €29,057
- Financial charges +€10,391
up €10,391 (+56.8%), from €18,293 to €28,684
- Staff costs +€3,480
up €3,480 (+9.8%), from €35,436 to €38,916
- Other operating charges +€2,323
up €2,323 (+84.3%), from €2,757 to €5,080
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 | €593,258 | €1,051,635 | +€458,377 | +77.3% |
| Fixed assets | 21/28 | €378,735 | €563,754 | +€185,019 | +48.9% |
| Tangible fixed assets | 22/27 | €378,735 | €563,754 | +€185,019 | +48.9% |
| Land and buildings | 22 | €136,983 | €522,888 | +€385,905 | +281.7% |
| Plant, machinery and equipment | 23 | €21,652 | €17,637 | -€4,015 | -18.5% |
| Furniture and vehicles | 24 | €22,635 | €23,229 | +€594 | +2.6% |
| Assets under construction and advance payments | 27 | €197,465 | €0 | -€197,465 | -100.0% |
| Current assets | 29/58 | €214,523 | €487,881 | +€273,358 | +127.4% |
| Stocks and contracts in progress | 3 | €104,766 | €93,659 | -€11,107 | -10.6% |
| Stocks | 30/36 | €104,766 | €93,659 | -€11,107 | -10.6% |
| Amounts receivable within one year | 40/41 | €99,230 | €371,709 | +€272,479 | +274.6% |
| Trade receivables | 40 | €99,230 | €371,642 | +€272,412 | +274.5% |
| Other amounts receivable | 41 | - | €67 | +€67 | |
| Cash at bank and in hand | 54/58 | €8,850 | €17,717 | +€8,867 | +100.2% |
| Deferred charges and accrued income | 490/1 | €1,678 | €4,797 | +€3,119 | +185.9% |
| Total equity and liabilities | 10/49 | €593,258 | €1,051,635 | +€458,377 | +77.3% |
| Equity | 10/15 | €34,186 | €64,282 | +€30,096 | +88.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,186 | €59,282 | +€30,096 | +103.1% |
| Amounts payable | 17/49 | €559,072 | €987,352 | +€428,281 | +76.6% |
| Amounts payable after more than one year | 17 | €240,221 | €430,080 | +€189,859 | +79.0% |
| Financial debts | 170/4 | €240,221 | €430,080 | +€189,859 | +79.0% |
| Amounts payable within one year | 42/48 | €318,851 | €556,969 | +€238,117 | +74.7% |
| Current portion of amounts payable after more than one year | 42 | €17,900 | €31,912 | +€14,012 | +78.3% |
| Financial debts | 43 | €110,000 | €110,000 | = | 0.0% |
| Credit institutions | 430/8 | €110,000 | €110,000 | = | 0.0% |
| Trade debts | 44 | €131,663 | €362,446 | +€230,782 | +175.3% |
| Suppliers | 440/4 | €131,663 | €362,446 | +€230,782 | +175.3% |
| Taxes, remuneration and social security | 45 | €34,187 | €33,294 | -€893 | -2.6% |
| Taxes | 450/3 | €23,812 | €26,229 | +€2,417 | +10.2% |
| Remuneration and social security | 454/9 | €10,374 | €7,064 | -€3,310 | -31.9% |
| Other amounts payable | 47/48 | €25,101 | €19,317 | -€5,784 | -23.0% |
| Accrued charges and deferred income | 492/3 | - | €304 | +€304 | |
| Remuneration, social security and pensions | 62 | €35,436 | €38,916 | +€3,480 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,818 | €29,057 | +€21,239 | +271.7% |
| Other operating charges | 640/8 | €2,757 | €5,080 | +€2,323 | +84.3% |
| Non-recurring operating charges | 66A | €4,169 | €308 | -€3,861 | -92.6% |
| Gross operating margin | 9900 | €80,152 | €131,994 | +€51,842 | +64.7% |
| Operating profit (loss) | 9901 | €29,972 | €58,632 | +€28,660 | +95.6% |
| Financial income | 75/76B | €167 | €148 | -€19 | -11.5% |
| Recurring financial income | 75 | €167 | €148 | -€19 | -11.5% |
| Financial charges | 65/66B | €18,293 | €28,684 | +€10,391 | +56.8% |
| Recurring financial charges | 65 | €18,293 | €28,684 | +€10,391 | +56.8% |
| Profit (loss) for the period before taxes | 9903 | €11,846 | €30,096 | +€18,250 | +154.1% |
| Income taxes | 67/77 | €1,122 | €0 | -€1,122 | -100.0% |
| Profit (loss) for the period | 9904 | €10,724 | €30,096 | +€19,372 | +180.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,724 | €30,096 | +€19,372 | +180.6% |
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 12 October 2026 via checked.be.