LVVn: 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.
LVVn
Largest movements
- Receivables within one year -€8,786
down €8,786 (-100.0%), from €8,786 to €0
of which Trade receivables: -€8,786
- Cash -€6,775
down €6,775 (-23.8%), from €28,431 to €21,657
mainly Other debts (-€7,169) and Investment in fixed assets (net) (-€6,000)
- Tangible fixed assets +€4,000
new in 2024: €4,000
- Other debts -€7,169
down €7,169 (-66.5%), from €10,783 to €3,613
- Trade debts -€4,330
down €4,330 (-32.1%), from €13,505 to €9,176
- Profit (loss) carried forward -€477
down €477, from €33 to -€444
- Tax, wage and social debts +€415
up €415 (+3.7%), from €11,074 to €11,489
- Gross operating margin -€12,196
down €12,196 (-82.2%), from €14,832 to €2,636
- Depreciation +€2,000
new in 2024: €2,000
- Taxes -€688
down €688 (-46.6%), from €1,476 to €788
- Other operating charges -€284
down €284 (-74.0%), from €384 to €100
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,395 | €27,834 | -€11,561 | -29.3% |
| Fixed assets | 21/28 | €2,178 | €6,178 | +€4,000 | +184% |
| Tangible fixed assets | 22/27 | - | €4,000 | +€4,000 | |
| Furniture and vehicles | 24 | - | €4,000 | +€4,000 | |
| Financial fixed assets | 28 | €2,178 | €2,178 | = | 0.0% |
| Current assets | 29/58 | €37,217 | €21,657 | -€15,561 | -41.8% |
| Amounts receivable within one year | 40/41 | €8,786 | €0 | -€8,786 | -100.0% |
| Trade receivables | 40 | €8,786 | €0 | -€8,786 | -100% |
| Other amounts receivable | 41 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,431 | €21,657 | -€6,775 | -23.8% |
| Total equity and liabilities | 10/49 | €39,395 | €27,834 | -€11,561 | -29.3% |
| Equity | 10/15 | €4,033 | €3,556 | -€477 | -11.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33 | -€444 | -€477 | |
| Amounts payable | 17/49 | €35,362 | €24,278 | -€11,084 | -31.3% |
| Amounts payable within one year | 42/48 | €35,362 | €24,278 | -€11,084 | -31.3% |
| Trade debts | 44 | €13,505 | €9,176 | -€4,330 | -32.1% |
| Suppliers | 440/4 | €13,505 | €9,176 | -€4,330 | -32.1% |
| Taxes, remuneration and social security | 45 | €11,074 | €11,489 | +€415 | +3.7% |
| Taxes | 450/3 | €11,074 | €11,489 | +€415 | +3.7% |
| Other amounts payable | 47/48 | €10,783 | €3,613 | -€7,169 | -66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,000 | +€2,000 | |
| Other operating charges | 640/8 | €384 | €100 | -€284 | -74.0% |
| Gross operating margin | 9900 | €14,832 | €2,636 | -€12,196 | -82.2% |
| Operating profit (loss) | 9901 | €14,448 | €536 | -€13,912 | -96.3% |
| Financial charges | 65/66B | €152 | €225 | +€73 | +47.8% |
| Recurring financial charges | 65 | €152 | €225 | +€73 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | €14,296 | €311 | -€13,985 | -97.8% |
| Income taxes | 67/77 | €1,476 | €788 | -€688 | -46.6% |
| Profit (loss) for the period | 9904 | €12,820 | -€477 | -€13,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,820 | -€477 | -€13,296 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.