LVT CONSTRUCTIE: 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.
LVT CONSTRUCTIE
Largest movements
- Receivables after one year +€31,000
up €31,000 (+131.9%), from €23,500 to €54,500
- Receivables within one year +€3,283
up €3,283 (+11.6%), from €28,195 to €31,478
of which Trade receivables: +€2,476
- Tangible fixed assets +€2,172
up €2,172 (+11.7%), from €18,638 to €20,810
of which Plant, machinery and equipment: +€2,623
- Reserves +€31,787
up €31,787 (+23.1%), from €137,340 to €169,128
- Tax, wage and social debts +€7,267
up €7,267 (+114.4%), from €6,352 to €13,619
- Financial income +€6,500
up €6,500 (+834.7%), from €779 to €7,279
- Gross operating margin -€4,945
down €4,945 (-10.3%), from €47,832 to €42,887
- Depreciation +€1,380
up €1,380 (+25.0%), from €5,521 to €6,902
- Taxes -€1,257
down €1,257 (-14.3%), from €8,811 to €7,554
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 | €152,738 | €189,782 | +€37,044 | +24.3% |
| Fixed assets | 21/28 | €18,638 | €20,810 | +€2,172 | +11.7% |
| Tangible fixed assets | 22/27 | €18,638 | €20,810 | +€2,172 | +11.7% |
| Plant, machinery and equipment | 23 | €16,991 | €19,614 | +€2,623 | +15.4% |
| Furniture and vehicles | 24 | €1,647 | €1,195 | -€452 | -27.4% |
| Current assets | 29/58 | €134,100 | €168,972 | +€34,872 | +26.0% |
| Amounts receivable after more than one year | 29 | €23,500 | €54,500 | +€31,000 | +131.9% |
| Other amounts receivable | 291 | €23,500 | €54,500 | +€31,000 | +131.9% |
| Amounts receivable within one year | 40/41 | €28,195 | €31,478 | +€3,283 | +11.6% |
| Trade receivables | 40 | €28,006 | €30,482 | +€2,476 | +8.8% |
| Other amounts receivable | 41 | €189 | €996 | +€808 | +427.8% |
| Current investments | 50/53 | €76,151 | €76,251 | +€100 | +0.1% |
| Cash at bank and in hand | 54/58 | €4,888 | €6,394 | +€1,506 | +30.8% |
| Deferred charges and accrued income | 490/1 | €1,366 | €349 | -€1,017 | -74.4% |
| Total equity and liabilities | 10/49 | €152,738 | €189,782 | +€37,044 | +24.3% |
| Equity | 10/15 | €139,840 | €171,628 | +€31,787 | +22.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €137,340 | €169,128 | +€31,787 | +23.1% |
| Distributable reserves | 133 | €137,340 | €169,128 | +€31,787 | +23.1% |
| Amounts payable | 17/49 | €12,898 | €18,155 | +€5,257 | +40.8% |
| Amounts payable within one year | 42/48 | €12,898 | €18,155 | +€5,257 | +40.8% |
| Trade debts | 44 | €1,554 | €316 | -€1,238 | -79.7% |
| Suppliers | 440/4 | €1,554 | €316 | -€1,238 | -79.7% |
| Taxes, remuneration and social security | 45 | €6,352 | €13,619 | +€7,267 | +114.4% |
| Taxes | 450/3 | €6,352 | €13,619 | +€7,267 | +114.4% |
| Other amounts payable | 47/48 | €4,992 | €4,220 | -€772 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,521 | €6,902 | +€1,380 | +25.0% |
| Other operating charges | 640/8 | €577 | €593 | +€16 | +2.8% |
| Gross operating margin | 9900 | €47,832 | €42,887 | -€4,945 | -10.3% |
| Operating profit (loss) | 9901 | €41,733 | €35,392 | -€6,341 | -15.2% |
| Financial income | 75/76B | €779 | €7,279 | +€6,500 | +834.7% |
| Recurring financial income | 75 | €779 | €7,279 | +€6,500 | +834.7% |
| Financial charges | 65/66B | €215 | €54 | -€161 | -75.1% |
| Recurring financial charges | 65 | €215 | €54 | -€161 | -75.1% |
| Profit (loss) for the period before taxes | 9903 | €42,297 | €42,618 | +€320 | +0.8% |
| Income taxes | 67/77 | €8,811 | €7,554 | -€1,257 | -14.3% |
| Profit (loss) for the period | 9904 | €33,486 | €35,063 | +€1,577 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,486 | €35,063 | +€1,577 | +4.7% |
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 11 October 2026 via checked.be.