LVMT: 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.
LVMT
Largest movements
- Cash -€37,824
down €37,824 (-89.8%), from €42,109 to €4,285
mainly Net result for the year (-€26,385) and Short-term financial debts (-€10,104)
- Profit (loss) carried forward -€26,385
down €26,385 (-484.8%), from -€5,442 to -€31,827
- Short-term financial debts -€10,104
down €10,104 (-20.2%), from €50,000 to €39,896
- Other debts -€817
down €817 (-48.6%), from €1,681 to €863
- Trade debts -€723
down €723 (-43.4%), from €1,664 to €941
- Gross operating margin -€18,673
down €18,673 (-365.8%), from -€5,105 to -€23,778
- Financial charges +€1,721
up €1,721 (+709.9%), from €242 to €1,963
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 | €66,659 | €28,526 | -€38,133 | -57.2% |
| Current assets | 29/58 | €66,659 | €28,526 | -€38,133 | -57.2% |
| Amounts receivable within one year | 40/41 | €24,550 | €24,240 | -€309 | -1.3% |
| Trade receivables | 40 | €22,000 | €22,000 | = | 0.0% |
| Other amounts receivable | 41 | €2,550 | €2,240 | -€309 | -12.1% |
| Cash at bank and in hand | 54/58 | €42,109 | €4,285 | -€37,824 | -89.8% |
| Total equity and liabilities | 10/49 | €66,659 | €28,526 | -€38,133 | -57.2% |
| Equity | 10/15 | €13,158 | -€13,227 | -€26,385 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,442 | -€31,827 | -€26,385 | -484.8% |
| Amounts payable | 17/49 | €53,501 | €41,752 | -€11,749 | -22.0% |
| Amounts payable within one year | 42/48 | €53,501 | €41,752 | -€11,749 | -22.0% |
| Financial debts | 43 | €50,000 | €39,896 | -€10,104 | -20.2% |
| Other loans | 439 | €50,000 | €39,896 | -€10,104 | -20.2% |
| Trade debts | 44 | €1,664 | €941 | -€723 | -43.4% |
| Suppliers | 440/4 | €1,664 | €941 | -€723 | -43.4% |
| Taxes, remuneration and social security | 45 | €156 | €52 | -€104 | -66.7% |
| Taxes | 450/3 | €156 | €52 | -€104 | -66.7% |
| Other amounts payable | 47/48 | €1,681 | €863 | -€817 | -48.6% |
| Other operating charges | 640/8 | €628 | €644 | +€16 | +2.5% |
| Gross operating margin | 9900 | -€5,105 | -€23,778 | -€18,673 | -365.8% |
| Operating profit (loss) | 9901 | -€5,732 | -€24,421 | -€18,689 | -326.0% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €242 | €1,963 | +€1,721 | +709.9% |
| Recurring financial charges | 65 | €242 | €1,963 | +€1,721 | +709.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,966 | -€26,385 | -€20,419 | -342.2% |
| Income taxes | 67/77 | -€52 | - | +€52 | |
| Profit (loss) for the period | 9904 | -€5,914 | -€26,385 | -€20,471 | -346.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,914 | -€26,385 | -€20,471 | -346.2% |
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 4 October 2026 via checked.be.