LVPARTNERS: 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.
LVPARTNERS
Largest movements
- Receivables within one year +€5,719
up €5,719 (+15.3%), from €37,379 to €43,098
of which Trade receivables: +€4,364
- Tangible fixed assets -€869
down €869 (-6.0%), from €14,552 to €13,683
- Deferred charges and accrued income -€724
no longer reported in 2025 (was €724)
- Profit (loss) carried forward -€13,670
down €13,670 (-87.4%), from €15,645 to €1,976
- Debts after one year +€7,540
up €7,540 (+68.8%), from €10,957 to €18,497
- Tax, wage and social debts +€5,692
up €5,692 (+101%), from €5,626 to €11,317
of which Taxes: +€9,916
- Short-term financial debts +€4,571
up €4,571 (+44.1%), from €10,376 to €14,948
- Trade debts -€3,708
down €3,708 (-52.3%), from €7,096 to €3,388
- Gross operating margin -€3,332
down €3,332 (-9.0%), from €37,206 to €33,874
- Financial charges +€2,337
up €2,337 (+83.2%), from €2,810 to €5,147
- Staff costs -€2,330
down €2,330 (-6.3%), from €37,089 to €34,759
- Depreciation +€1,000
up €1,000 (+30.6%), from €3,269 to €4,269
- Other operating charges +€382
up €382 (+10.0%), from €3,812 to €4,194
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,755 | €56,881 | +€4,126 | +7.8% |
| Fixed assets | 21/28 | €14,652 | €13,783 | -€869 | -5.9% |
| Tangible fixed assets | 22/27 | €14,552 | €13,683 | -€869 | -6.0% |
| Furniture and vehicles | 24 | €14,552 | €13,683 | -€869 | -6.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €38,103 | €43,098 | +€4,995 | +13.1% |
| Amounts receivable within one year | 40/41 | €37,379 | €43,098 | +€5,719 | +15.3% |
| Trade receivables | 40 | €28,478 | €32,842 | +€4,364 | +15.3% |
| Other amounts receivable | 41 | €8,901 | €10,256 | +€1,355 | +15.2% |
| Deferred charges and accrued income | 490/1 | €724 | - | -€724 | |
| Total equity and liabilities | 10/49 | €52,755 | €56,881 | +€4,126 | +7.8% |
| Equity | 10/15 | €17,645 | €3,976 | -€13,670 | -77.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,645 | €1,976 | -€13,670 | -87.4% |
| Amounts payable | 17/49 | €35,109 | €52,905 | +€17,796 | +50.7% |
| Amounts payable after more than one year | 17 | €10,957 | €18,497 | +€7,540 | +68.8% |
| Financial debts | 170/4 | €10,957 | €18,497 | +€7,540 | +68.8% |
| Amounts payable within one year | 42/48 | €24,152 | €34,408 | +€10,256 | +42.5% |
| Current portion of amounts payable after more than one year | 42 | €1,055 | €4,756 | +€3,701 | +351% |
| Financial debts | 43 | €10,376 | €14,948 | +€4,571 | +44.1% |
| Credit institutions | 430/8 | €10,376 | €14,948 | +€4,571 | +44.1% |
| Trade debts | 44 | €7,096 | €3,388 | -€3,708 | -52.3% |
| Suppliers | 440/4 | €7,096 | €3,388 | -€3,708 | -52.3% |
| Taxes, remuneration and social security | 45 | €5,626 | €11,317 | +€5,692 | +101% |
| Taxes | 450/3 | €1,401 | €11,317 | +€9,916 | +708% |
| Remuneration and social security | 454/9 | €4,224 | - | -€4,224 | |
| Remuneration, social security and pensions | 62 | €37,089 | €34,759 | -€2,330 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,269 | €4,269 | +€1,000 | +30.6% |
| Other operating charges | 640/8 | €3,812 | €4,194 | +€382 | +10.0% |
| Gross operating margin | 9900 | €37,206 | €33,874 | -€3,332 | -9.0% |
| Operating profit (loss) | 9901 | -€6,965 | -€9,349 | -€2,384 | -34.2% |
| Financial income | 75/76B | €1,049 | €725 | -€324 | -30.9% |
| Recurring financial income | 75 | €1,049 | €725 | -€324 | -30.9% |
| Financial charges | 65/66B | €2,810 | €5,147 | +€2,337 | +83.2% |
| Recurring financial charges | 65 | €2,810 | €5,147 | +€2,337 | +83.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,726 | -€13,770 | -€5,045 | -57.8% |
| Income taxes | 67/77 | -€91 | -€101 | -€10 | -10.9% |
| Profit (loss) for the period | 9904 | -€8,635 | -€13,670 | -€5,035 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,635 | -€13,670 | -€5,035 | -58.3% |
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 20 October 2026 via checked.be.