LVVb: 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.
LVVb
Largest movements
- Cash +€23,244
up €23,244 (+839.3%), from €2,770 to €26,014
mainly Net result for the year (+€21,157) and Tax, wage and social debts (+€6,425)
- Receivables within one year -€1,500
no longer reported in 2025 (was €1,500)
- Tangible fixed assets +€285
up €285 (+18.9%), from €1,510 to €1,795
of which Furniture and vehicles: +€877
- Profit (loss) carried forward +€21,157
up €21,157, from -€11,491 to €9,666
- Trade debts -€6,836
down €6,836 (-99.3%), from €6,882 to €45
- Tax, wage and social debts +€6,425
up €6,425 (+409.0%), from €1,571 to €7,996
of which Remuneration and social security: +€4,021
- Other debts +€1,283
up €1,283 (+156.8%), from €819 to €2,102
- Gross operating margin +€30,898
up €30,898, from -€5,497 to €25,402
- Purchases and services -€16,098
down €16,098 (-20.6%), from €77,999 to €61,901
- Turnover +€14,800
up €14,800 (+20.4%), from €72,502 to €87,303
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 | €5,780 | €27,809 | +€22,029 | +381.1% |
| Fixed assets | 21/28 | €1,510 | €1,795 | +€285 | +18.9% |
| Tangible fixed assets | 22/27 | €1,510 | €1,795 | +€285 | +18.9% |
| Plant, machinery and equipment | 23 | €1,510 | €918 | -€592 | -39.2% |
| Furniture and vehicles | 24 | - | €877 | +€877 | |
| Current assets | 29/58 | €4,270 | €26,014 | +€21,744 | +509.2% |
| Amounts receivable within one year | 40/41 | €1,500 | - | -€1,500 | |
| Trade receivables | 40 | €1,500 | - | -€1,500 | |
| Cash at bank and in hand | 54/58 | €2,770 | €26,014 | +€23,244 | +839.3% |
| Total equity and liabilities | 10/49 | €5,780 | €27,809 | +€22,029 | +381.1% |
| Equity | 10/15 | -€3,491 | €17,666 | +€21,157 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,491 | €9,666 | +€21,157 | |
| Amounts payable | 17/49 | €9,271 | €10,143 | +€872 | +9.4% |
| Amounts payable within one year | 42/48 | €9,271 | €10,143 | +€872 | +9.4% |
| Trade debts | 44 | €6,882 | €45 | -€6,836 | -99.3% |
| Suppliers | 440/4 | €6,882 | €45 | -€6,836 | -99.3% |
| Taxes, remuneration and social security | 45 | €1,571 | €7,996 | +€6,425 | +409.0% |
| Taxes | 450/3 | €1,571 | €3,975 | +€2,404 | +153.0% |
| Remuneration and social security | 454/9 | - | €4,021 | +€4,021 | |
| Other amounts payable | 47/48 | €819 | €2,102 | +€1,283 | +156.8% |
| Turnover | 70 | €72,502 | €87,303 | +€14,800 | +20.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €77,999 | €61,901 | -€16,098 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €592 | €842 | +€251 | +42.3% |
| Other operating charges | 640/8 | €795 | €815 | +€21 | +2.6% |
| Non-recurring operating charges | 66A | €386 | - | -€386 | |
| Gross operating margin | 9900 | -€5,497 | €25,402 | +€30,898 | |
| Operating profit (loss) | 9901 | -€7,269 | €23,744 | +€31,014 | |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €97 | €109 | +€12 | +12.3% |
| Recurring financial charges | 65 | €97 | €109 | +€12 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,367 | €23,657 | +€31,024 | |
| Income taxes | 67/77 | €2,688 | €2,500 | -€188 | -7.0% |
| Profit (loss) for the period | 9904 | -€10,055 | €21,157 | +€31,212 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,055 | €21,157 | +€31,212 |
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 8 October 2026 via checked.be.