JOHAN LAVIGNE DESIGN: what changed
What changed
JOHAN LAVIGNE DESIGN
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€266,778
2024 · €178,554+€88,224
Equity
€504,877
2024 · €388,099+€116,778
Cash
€264,985
2024 · €255,980+€9,004
Balance sheet total
€850,991
2024 · €681,743+€169,248
Largest movements
Assets
- Receivables within one year +€187,265
up €187,265 (+164%), from €113,879 to €301,144
of which Trade receivables: +€181,550
- Tangible fixed assets -€22,720
down €22,720 (-8.5%), from €266,128 to €243,408
of which Land and buildings: -€16,738
- Cash +€9,004
up €9,004 (+3.5%), from €255,980 to €264,985
mainly Net result for the year (+€266,778) and Trade debts (+€51,028)
Equity and liabilities
- Reserves +€116,778
up €116,778 (+30.6%), from €381,899 to €498,677
- Trade debts +€51,028
up €51,028 (+157%), from €32,498 to €83,527
- Tax, wage and social debts +€35,427
up €35,427 (+249%), from €14,242 to €49,669
of which Taxes: +€31,310
- Debts after one year -€33,275
down €33,275 (-53.7%), from €61,988 to €28,713
Income statement
- Gross operating margin +€93,257
up €93,257 (+19.3%), from €484,310 to €577,567
- Taxes +€31,023
up €31,023 (+51.1%), from €60,759 to €91,783
- Staff costs -€18,909
down €18,909 (-8.9%), from €213,483 to €194,574
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
€178,554
Gross operating margin
+€93,257
Staff costs
+€18,909
Depreciation
+€4,241
Other operating charges
+€67
Financial income
+€2,131
Financial charges
+€643
Taxes
-€31,023
Result 2025
€266,778
raises the resultlowers the result
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
+€192,005
Investment
+€1,385
Financing
-€184,385
Cash 2024
€255,980
From operations (derived)
+€192,005
Net result for the year
+€266,778
Depreciation
+€21,335
Stocks and contracts
+€1,327
Receivables within one year
-€187,265
Deferred charges and accrued income
+€2,975
Trade debts
+€51,028
Tax, wage and social debts
+€35,427
Accrued charges and deferred income
+€400
Investment (derived)
+€1,385
Investment in fixed assets (net)
+€1,385
Financing
-€184,385
Debts after one year
-€33,275
Current portion of long-term debt
-€1,110
Contributions, distributions and other
-€150,000
Cash 2025
€264,985
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €681,743 | €850,991 | +€169,248 | +24.8% |
| Fixed assets | 21/28 | €266,958 | €244,238 | -€22,720 | -8.5% |
| Tangible fixed assets | 22/27 | €266,128 | €243,408 | -€22,720 | -8.5% |
| Land and buildings | 22 | €248,959 | €232,221 | -€16,738 | -6.7% |
| Plant, machinery and equipment | 23 | €15,783 | €11,187 | -€4,597 | -29.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €1,385 | €0 | -€1,385 | -100% |
| Financial fixed assets | 28 | €830 | €830 | = | 0.0% |
| Current assets | 29/58 | €414,785 | €606,753 | +€191,968 | +46.3% |
| Stocks and contracts in progress | 3 | €40,859 | €39,533 | -€1,327 | -3.2% |
| Stocks | 30/36 | €40,859 | €39,533 | -€1,327 | -3.2% |
| Amounts receivable within one year | 40/41 | €113,879 | €301,144 | +€187,265 | +164% |
| Trade receivables | 40 | €96,335 | €277,885 | +€181,550 | +188% |
| Other amounts receivable | 41 | €17,544 | €23,259 | +€5,715 | +32.6% |
| Cash at bank and in hand | 54/58 | €255,980 | €264,985 | +€9,004 | +3.5% |
| Deferred charges and accrued income | 490/1 | €4,067 | €1,092 | -€2,975 | -73.1% |
| Total equity and liabilities | 10/49 | €681,743 | €850,991 | +€169,248 | +24.8% |
| Equity | 10/15 | €388,099 | €504,877 | +€116,778 | +30.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €381,899 | €498,677 | +€116,778 | +30.6% |
| Distributable reserves | 133 | €381,899 | €498,677 | +€116,778 | +30.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €293,644 | €346,114 | +€52,470 | +17.9% |
| Amounts payable after more than one year | 17 | €61,988 | €28,713 | -€33,275 | -53.7% |
| Financial debts | 170/4 | €61,988 | €28,713 | -€33,275 | -53.7% |
| Amounts payable within one year | 42/48 | €231,655 | €317,000 | +€85,345 | +36.8% |
| Current portion of amounts payable after more than one year | 42 | €34,385 | €33,275 | -€1,110 | -3.2% |
| Trade debts | 44 | €32,498 | €83,527 | +€51,028 | +157% |
| Suppliers | 440/4 | €32,498 | €83,527 | +€51,028 | +157% |
| Advances received on contracts in progress | 46 | €530 | €530 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €14,242 | €49,669 | +€35,427 | +249% |
| Taxes | 450/3 | €11,538 | €42,848 | +€31,310 | +271% |
| Remuneration and social security | 454/9 | €2,704 | €6,821 | +€4,117 | +152% |
| Other amounts payable | 47/48 | €150,000 | €150,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | €3,000 | €13,615 | +€10,615 | +354% |
| Remuneration, social security and pensions | 62 | €213,483 | €194,574 | -€18,909 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,576 | €21,335 | -€4,241 | -16.6% |
| Other operating charges | 640/8 | €4,263 | €4,196 | -€67 | -1.6% |
| Gross operating margin | 9900 | €484,310 | €577,567 | +€93,257 | +19.3% |
| Operating profit (loss) | 9901 | €240,989 | €357,463 | +€116,474 | +48.3% |
| Financial income | 75/76B | €3,771 | €5,902 | +€2,131 | +56.5% |
| Recurring financial income | 75 | €3,771 | €5,902 | +€2,131 | +56.5% |
| Financial charges | 65/66B | €5,447 | €4,804 | -€643 | -11.8% |
| Recurring financial charges | 65 | €5,447 | €4,804 | -€643 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €239,313 | €358,561 | +€119,248 | +49.8% |
| Income taxes | 67/77 | €60,759 | €91,783 | +€31,023 | +51.1% |
| Profit (loss) for the period | 9904 | €178,554 | €266,778 | +€88,224 | +49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €178,554 | €266,778 | +€88,224 | +49.4% |
Next steps
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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 3 November 2026 via checked.be.