ETS LAVENCY: 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.
ETS LAVENCY
Largest movements
- Receivables within one year -€15,514
down €15,514 (-7.8%), from €198,410 to €182,896
of which Other amounts receivable: -€10,384
- Cash -€5,677
down €5,677 (-31.5%), from €18,041 to €12,364
mainly Net result for the year (-€14,764) and Debts after one year (-€7,444)
- Profit (loss) carried forward -€14,764
down €14,764 (-11.3%), from €131,157 to €116,393
- Debts after one year -€7,444
no longer reported in 2024 (was €7,444)
- Current portion of long-term debt +€4,309
new in 2024: €4,309
- Staff costs -€7,518
down €7,518 (-15.5%), from €48,606 to €41,089
- Gross operating margin +€1,659
up €1,659 (+7.3%), from €22,769 to €24,428
- Financial income -€951
down €951 (-23.9%), from €3,983 to €3,032
- Other operating charges +€409
up €409 (+82.1%), from €498 to €907
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 | €216,621 | €195,430 | -€21,191 | -9.8% |
| Fixed assets | 21/28 | €170 | €170 | = | 0.0% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €216,451 | €195,260 | -€21,191 | -9.8% |
| Amounts receivable within one year | 40/41 | €198,410 | €182,896 | -€15,514 | -7.8% |
| Trade receivables | 40 | €6,756 | €1,625 | -€5,131 | -75.9% |
| Other amounts receivable | 41 | €191,654 | €181,271 | -€10,384 | -5.4% |
| Cash at bank and in hand | 54/58 | €18,041 | €12,364 | -€5,677 | -31.5% |
| Total equity and liabilities | 10/49 | €216,621 | €195,430 | -€21,191 | -9.8% |
| Equity | 10/15 | €138,500 | €123,736 | -€14,764 | -10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,144 | €1,144 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,144 | €1,144 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,144 | €1,144 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,157 | €116,393 | -€14,764 | -11.3% |
| Amounts payable | 17/49 | €78,121 | €71,693 | -€6,427 | -8.2% |
| Amounts payable after more than one year | 17 | €7,444 | - | -€7,444 | |
| Financial debts | 170/4 | €7,444 | - | -€7,444 | |
| Amounts payable within one year | 42/48 | €70,676 | €71,693 | +€1,017 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,309 | +€4,309 | |
| Trade debts | 44 | €3,793 | €2,591 | -€1,201 | -31.7% |
| Suppliers | 440/4 | €3,793 | €2,591 | -€1,201 | -31.7% |
| Taxes, remuneration and social security | 45 | €66,639 | €64,548 | -€2,091 | -3.1% |
| Taxes | 450/3 | €51,002 | €55,115 | +€4,113 | +8.1% |
| Remuneration and social security | 454/9 | €15,636 | €9,433 | -€6,203 | -39.7% |
| Other amounts payable | 47/48 | €245 | €245 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €48,606 | €41,089 | -€7,518 | -15.5% |
| Other operating charges | 640/8 | €498 | €907 | +€409 | +82.1% |
| Gross operating margin | 9900 | €22,769 | €24,428 | +€1,659 | +7.3% |
| Operating profit (loss) | 9901 | -€26,336 | -€17,569 | +€8,768 | +33.3% |
| Financial income | 75/76B | €3,983 | €3,032 | -€951 | -23.9% |
| Recurring financial income | 75 | €3,983 | €3,032 | -€951 | -23.9% |
| Financial charges | 65/66B | €127 | €158 | +€31 | +24.6% |
| Recurring financial charges | 65 | €127 | €158 | +€31 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,480 | -€14,694 | +€7,785 | +34.6% |
| Income taxes | 67/77 | €73 | €70 | -€3 | -3.9% |
| Profit (loss) for the period | 9904 | -€22,552 | -€14,764 | +€7,788 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,552 | -€14,764 | +€7,788 | +34.5% |
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 30 October 2026 via checked.be.