LVNO: 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.
LVNO
Largest movements
- Tangible fixed assets -€1,294
down €1,294 (-3.1%), from €41,796 to €40,502
- Cash +€1,207
up €1,207 (+126.1%), from €957 to €2,165
mainly Depreciation (+€13,950) and Net result for the year (+€10,113)
- Profit (loss) carried forward +€10,113
up €10,113 (+256.7%), from €3,940 to €14,053
- Tax, wage and social debts -€4,828
down €4,828 (-32.5%), from €14,854 to €10,026
of which Remuneration and social security: -€10,200
- Other debts -€2,711
down €2,711 (-19.4%), from €13,979 to €11,268
- Trade debts -€1,034
down €1,034 (-42.6%), from €2,425 to €1,391
- Short-term financial debts -€1,012
down €1,012 (-53.9%), from €1,879 to €867
- Gross operating margin +€15,985
up €15,985 (+120.0%), from €13,318 to €29,302
- Depreciation +€8,345
up €8,345 (+148.9%), from €5,604 to €13,950
- Taxes +€1,913
up €1,913 (+129.5%), from €1,477 to €3,390
- Other operating charges +€1,214
up €1,214 (+220.2%), from €551 to €1,765
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 | €42,895 | €42,762 | -€133 | -0.3% |
| Fixed assets | 21/28 | €41,796 | €40,502 | -€1,294 | -3.1% |
| Tangible fixed assets | 22/27 | €41,796 | €40,502 | -€1,294 | -3.1% |
| Furniture and vehicles | 24 | €41,796 | €40,502 | -€1,294 | -3.1% |
| Current assets | 29/58 | €1,099 | €2,260 | +€1,161 | +105.6% |
| Amounts receivable within one year | 40/41 | €15 | - | -€15 | |
| Other amounts receivable | 41 | €15 | - | -€15 | |
| Cash at bank and in hand | 54/58 | €957 | €2,165 | +€1,207 | +126.1% |
| Deferred charges and accrued income | 490/1 | €127 | €96 | -€32 | -24.9% |
| Total equity and liabilities | 10/49 | €42,895 | €42,762 | -€133 | -0.3% |
| Equity | 10/15 | €8,940 | €19,053 | +€10,113 | +113.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,940 | €14,053 | +€10,113 | +256.7% |
| Amounts payable | 17/49 | €33,955 | €23,709 | -€10,246 | -30.2% |
| Amounts payable within one year | 42/48 | €33,137 | €23,552 | -€9,585 | -28.9% |
| Financial debts | 43 | €1,879 | €867 | -€1,012 | -53.9% |
| Other loans | 439 | €1,879 | €867 | -€1,012 | -53.9% |
| Trade debts | 44 | €2,425 | €1,391 | -€1,034 | -42.6% |
| Suppliers | 440/4 | €2,425 | €1,391 | -€1,034 | -42.6% |
| Taxes, remuneration and social security | 45 | €14,854 | €10,026 | -€4,828 | -32.5% |
| Taxes | 450/3 | €3,994 | €9,366 | +€5,372 | +134.5% |
| Remuneration and social security | 454/9 | €10,860 | €660 | -€10,200 | -93.9% |
| Other amounts payable | 47/48 | €13,979 | €11,268 | -€2,711 | -19.4% |
| Accrued charges and deferred income | 492/3 | €818 | €157 | -€660 | -80.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,604 | €13,950 | +€8,345 | +148.9% |
| Other operating charges | 640/8 | €551 | €1,765 | +€1,214 | +220.2% |
| Gross operating margin | 9900 | €13,318 | €29,302 | +€15,985 | +120.0% |
| Operating profit (loss) | 9901 | €7,162 | €13,588 | +€6,425 | +89.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €80 | €85 | +€6 | +7.2% |
| Recurring financial charges | 65 | €80 | €85 | +€6 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €7,083 | €13,503 | +€6,420 | +90.6% |
| Income taxes | 67/77 | €1,477 | €3,390 | +€1,913 | +129.5% |
| Profit (loss) for the period | 9904 | €5,606 | €10,113 | +€4,507 | +80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,606 | €10,113 | +€4,507 | +80.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.