LVR SERVICE: what changed
What changed
LVR SERVICE
NACE 33.120, Repair and maintenance of machinery
filed annual accounts (NBB)
Net result for the year
€43,284
2024 · €39,465+€3,819
Equity
€45,944
2024 · €56,659-€10,716
Cash
€112,604
2024 · €52,353+€60,251
Balance sheet total
€136,869
2024 · €82,679+€54,190
Largest movements
Assets
- Cash +€60,251
up €60,251 (+115%), from €52,353 to €112,604
mainly Other debts (+€54,915) and Net result for the year (+€43,284)
- Receivables within one year -€4,438
down €4,438 (-100%), from €4,438 to €0
Equity and liabilities
- Other debts +€54,915
up €54,915 (+594%), from €9,239 to €64,153
- Tax, wage and social debts +€10,895
up €10,895 (+74.6%), from €14,600 to €25,495
- Profit (loss) carried forward -€10,716
down €10,716 (-20.0%), from €53,659 to €42,944
Income statement
- Gross operating margin +€6,536
up €6,536 (+11.7%), from €56,061 to €62,597
- Taxes +€1,090
up €1,090 (+11.2%), from €9,746 to €10,836
- Depreciation +€1,057
up €1,057 (+18.8%), from €5,611 to €6,668
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
€39,465
Gross operating margin
+€6,536
Depreciation
-€1,057
Other operating charges
-€99
Other operating items
-€677
Financial income
-€0
Financial charges
+€206
Taxes
-€1,090
Result 2025
€43,284
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€119,565
Investment
-€5,314
Financing
-€54,000
Cash 2024
€52,353
From operations (derived)
+€119,565
Net result for the year
+€43,284
Depreciation
+€6,668
Stocks and contracts
+€822
Receivables within one year
+€4,438
Deferred charges and accrued income
-€553
Trade debts
-€203
Tax, wage and social debts
+€10,895
Other debts
+€54,915
Accrued charges and deferred income
-€701
Investment (derived)
-€5,314
Investment in fixed assets (net)
-€5,314
Financing
-€54,000
Contributions, distributions and other
-€54,000
Cash 2025
€112,604
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,679 | €136,869 | +€54,190 | +65.5% |
| Fixed assets | 21/28 | €25,040 | €23,686 | -€1,354 | -5.4% |
| Intangible fixed assets | 21 | €775 | €575 | -€200 | -25.8% |
| Tangible fixed assets | 22/27 | €24,265 | €23,112 | -€1,154 | -4.8% |
| Plant, machinery and equipment | 23 | €12,049 | €8,939 | -€3,110 | -25.8% |
| Furniture and vehicles | 24 | €12,216 | €14,172 | +€1,956 | +16.0% |
| Current assets | 29/58 | €57,639 | €113,182 | +€55,543 | +96.4% |
| Stocks and contracts in progress | 3 | €822 | €0 | -€822 | -100% |
| Stocks | 30/36 | €394 | €0 | -€394 | -100% |
| Contracts in progress | 37 | €428 | €0 | -€428 | -100% |
| Amounts receivable within one year | 40/41 | €4,438 | €0 | -€4,438 | -100% |
| Trade receivables | 40 | €4,438 | €0 | -€4,438 | -100% |
| Cash at bank and in hand | 54/58 | €52,353 | €112,604 | +€60,251 | +115% |
| Deferred charges and accrued income | 490/1 | €25 | €578 | +€553 | +2,170% |
| Total equity and liabilities | 10/49 | €82,679 | €136,869 | +€54,190 | +65.5% |
| Equity | 10/15 | €56,659 | €45,944 | -€10,716 | -18.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,659 | €42,944 | -€10,716 | -20.0% |
| Amounts payable | 17/49 | €26,020 | €90,925 | +€64,905 | +249% |
| Amounts payable within one year | 42/48 | €24,727 | €90,334 | +€65,607 | +265% |
| Trade debts | 44 | €889 | €685 | -€203 | -22.9% |
| Suppliers | 440/4 | €889 | €685 | -€203 | -22.9% |
| Taxes, remuneration and social security | 45 | €14,600 | €25,495 | +€10,895 | +74.6% |
| Taxes | 450/3 | €14,600 | €25,495 | +€10,895 | +74.6% |
| Other amounts payable | 47/48 | €9,239 | €64,153 | +€54,915 | +594% |
| Accrued charges and deferred income | 492/3 | €1,293 | €592 | -€701 | -54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,611 | €6,668 | +€1,057 | +18.8% |
| Other operating charges | 640/8 | €402 | €501 | +€99 | +24.7% |
| Non-recurring operating charges | 66A | - | €677 | +€677 | |
| Gross operating margin | 9900 | €56,061 | €62,597 | +€6,536 | +11.7% |
| Operating profit (loss) | 9901 | €50,047 | €54,750 | +€4,703 | +9.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €837 | €631 | -€206 | -24.6% |
| Recurring financial charges | 65 | €837 | €631 | -€206 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €49,211 | €54,120 | +€4,909 | +10.0% |
| Income taxes | 67/77 | €9,746 | €10,836 | +€1,090 | +11.2% |
| Profit (loss) for the period | 9904 | €39,465 | €43,284 | +€3,819 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,465 | €43,284 | +€3,819 | +9.7% |
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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 4 November 2026 via checked.be.