LVMS Co: 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.
LVMS Co
Largest movements
- Tangible fixed assets -€915
no longer reported in 2025 (was €915)
- Receivables within one year +€756
up €756 (+285%), from €265 to €1,021
- Cash -€23
down €23 (-10.6%), from €217 to €194
mainly Net result for the year (-€959) and Receivables within one year (-€756)
- Profit (loss) carried forward -€869
down €869 (-7.8%), from -€11,103 to -€11,972
- Trade debts +€503
up €503 (+30.5%), from €1,646 to €2,148
- Other debts +€184
up €184 (+4.4%), from €4,159 to €4,344
- Purchases and services +€818
up €818 (+23.5%), from €3,482 to €4,300
- Gross operating margin +€219
up €219 (+112%), from €196 to €415
- Financial charges -€118
down €118 (-66.4%), from €177 to €60
- Other operating charges -€31
down €31 (-7.1%), from €430 to €400
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.
Derived cash bridge
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 | €1,397 | €1,215 | -€182 | -13.0% |
| Fixed assets | 21/28 | €915 | - | -€915 | |
| Tangible fixed assets | 22/27 | €915 | - | -€915 | |
| Land and buildings | 22 | €915 | - | -€915 | |
| Current assets | 29/58 | €482 | €1,215 | +€733 | +152% |
| Amounts receivable within one year | 40/41 | €265 | €1,021 | +€756 | +285% |
| Trade receivables | 40 | €265 | €1,021 | +€756 | +285% |
| Cash at bank and in hand | 54/58 | €217 | €194 | -€23 | -10.6% |
| Total equity and liabilities | 10/49 | €1,397 | €1,215 | -€182 | -13.0% |
| Equity | 10/15 | -€4,408 | -€5,277 | -€869 | -19.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €495 | €495 | = | 0.0% |
| Non-distributable reserves | 130/1 | €495 | €495 | = | 0.0% |
| Reserves not available under the articles | 1311 | €495 | €495 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,103 | -€11,972 | -€869 | -7.8% |
| Amounts payable | 17/49 | €5,805 | €6,492 | +€687 | +11.8% |
| Amounts payable within one year | 42/48 | €5,805 | €6,492 | +€687 | +11.8% |
| Trade debts | 44 | €1,646 | €2,148 | +€503 | +30.5% |
| Suppliers | 440/4 | €1,646 | €2,148 | +€503 | +30.5% |
| Other amounts payable | 47/48 | €4,159 | €4,344 | +€184 | +4.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,482 | €4,300 | +€818 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €915 | €915 | = | 0.0% |
| Other operating charges | 640/8 | €430 | €400 | -€31 | -7.1% |
| Gross operating margin | 9900 | €196 | €415 | +€219 | +112% |
| Operating profit (loss) | 9901 | -€1,149 | -€900 | +€250 | +21.7% |
| Financial charges | 65/66B | €177 | €60 | -€118 | -66.4% |
| Recurring financial charges | 65 | €177 | €60 | -€118 | -66.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,326 | -€959 | +€367 | +27.7% |
| Profit (loss) for the period | 9904 | -€1,326 | -€959 | +€367 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,326 | -€959 | +€367 | +27.7% |
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 14 October 2026 via checked.be.