LVMH Publica: what changed
What changed
LVMH Publica
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€60,051
2024 · €76,580-€16,529
Equity
€1.1m
2024 · €1.0m+€60,051
Cash
-
not filed
Balance sheet total
€3.2m
2024 · €1.4m+€1.8m
Largest movements
Assets
- Receivables within one year +€1.8m
up €1.8m (+140%), from €1.3m to €3.0m
of which Trade receivables: +€1.8m
- Deferred charges and accrued income +€35,720
up €35,720 (+35.9%), from €99,513 to €135,233
Equity and liabilities
- Short-term financial debts +€1.7m
new in 2025: €1.7m
- Trade debts +€91,994
up €91,994 (+83.0%), from €110,777 to €202,771
- Profit (loss) carried forward +€60,051
up €60,051 (+8.7%), from €692,090 to €752,142
Income statement
- Financial charges +€19,369
up €19,369 (+429%), from €4,518 to €23,887
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€76,580
Gross operating margin
-€793
Staff costs
+€2,946
Depreciation
+€1,283
Other operating charges
-€5,799
Financial income
+€51
Financial charges
-€19,369
Taxes
+€5,152
Result 2025
€60,051
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,403,679 | €3,206,757 | +€1.8m | +128% |
| Fixed assets | 21/28 | €36,906 | €25,468 | -€11,438 | -31.0% |
| Tangible fixed assets | 22/27 | €36,906 | €25,468 | -€11,438 | -31.0% |
| Furniture and vehicles | 24 | €20,305 | €14,245 | -€6,060 | -29.8% |
| Other tangible fixed assets | 26 | €16,600 | €11,223 | -€5,378 | -32.4% |
| Current assets | 29/58 | €1,366,773 | €3,181,289 | +€1.8m | +133% |
| Amounts receivable within one year | 40/41 | €1,267,260 | €3,046,056 | +€1.8m | +140% |
| Trade receivables | 40 | €1,189,156 | €3,027,011 | +€1.8m | +155% |
| Other amounts receivable | 41 | €78,104 | €19,045 | -€59,059 | -75.6% |
| Deferred charges and accrued income | 490/1 | €99,513 | €135,233 | +€35,720 | +35.9% |
| Total equity and liabilities | 10/49 | €1,403,679 | €3,206,757 | +€1.8m | +128% |
| Equity | 10/15 | €1,022,090 | €1,082,142 | +€60,051 | +5.9% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €692,090 | €752,142 | +€60,051 | +8.7% |
| Amounts payable | 17/49 | €381,588 | €2,124,615 | +€1.7m | +457% |
| Amounts payable within one year | 42/48 | €373,620 | €2,104,138 | +€1.7m | +463% |
| Financial debts | 43 | - | €1,671,072 | +€1.7m | |
| Credit institutions | 430/8 | - | €1,671,072 | +€1.7m | |
| Trade debts | 44 | €110,777 | €202,771 | +€91,994 | +83.0% |
| Suppliers | 440/4 | €110,777 | €202,771 | +€91,994 | +83.0% |
| Taxes, remuneration and social security | 45 | €234,540 | €230,295 | -€4,245 | -1.8% |
| Taxes | 450/3 | €27,046 | €33,381 | +€6,336 | +23.4% |
| Remuneration and social security | 454/9 | €207,494 | €196,914 | -€10,581 | -5.1% |
| Other amounts payable | 47/48 | €28,303 | - | -€28,303 | |
| Accrued charges and deferred income | 492/3 | €7,968 | €20,477 | +€12,509 | +157% |
| Remuneration, social security and pensions | 62 | €715,195 | €712,249 | -€2,946 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,721 | €11,438 | -€1,283 | -10.1% |
| Other operating charges | 640/8 | €968 | €6,767 | +€5,799 | +599% |
| Gross operating margin | 9900 | €862,953 | €862,160 | -€793 | -0.1% |
| Operating profit (loss) | 9901 | €134,070 | €131,706 | -€2,363 | -1.8% |
| Financial income | 75/76B | €5 | €57 | +€51 | +962% |
| Recurring financial income | 75 | €5 | €57 | +€51 | +962% |
| Financial charges | 65/66B | €4,518 | €23,887 | +€19,369 | +429% |
| Recurring financial charges | 65 | €4,518 | €23,887 | +€19,369 | +429% |
| Profit (loss) for the period before taxes | 9903 | €129,557 | €107,876 | -€21,681 | -16.7% |
| Income taxes | 67/77 | €52,977 | €47,825 | -€5,152 | -9.7% |
| Profit (loss) for the period | 9904 | €76,580 | €60,051 | -€16,529 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €76,580 | €60,051 | -€16,529 | -21.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.