LAUVICO: 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.
LAUVICO
Largest movements
- Tangible fixed assets -€100,057
down €100,057 (-3.4%), from €3.0m to €2.9m
of which Land and buildings: -€88,369
- Debts after one year -€250,000
down €250,000 (-73.5%), from €340,000 to €90,000
- Provisions +€235,038
up €235,038 (+23.9%), from €982,008 to €1.2m
of which Provisions for liabilities and charges: +€235,566
- Profit (loss) carried forward -€110,342
down €110,342 (-19.8%), from -€556,731 to -€667,073
- Gross operating margin -€40,018
down €40,018 (-34.4%), from €116,193 to €76,175
- Depreciation +€7,936
up €7,936 (+8.1%), from €97,477 to €105,413
- Financial charges +€6,835
up €6,835 (+10.9%), from €62,735 to €69,570
- Other operating charges +€3,505
up €3,505 (+35.3%), from €9,918 to €13,423
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.
Derived cash bridge
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 | €3,153,181 | €3,047,517 | -€105,664 | -3.4% |
| Fixed assets | 21/28 | €2,984,522 | €2,884,465 | -€100,057 | -3.4% |
| Tangible fixed assets | 22/27 | €2,984,522 | €2,884,465 | -€100,057 | -3.4% |
| Land and buildings | 22 | €2,879,278 | €2,790,909 | -€88,369 | -3.1% |
| Furniture and vehicles | 24 | €55,809 | €44,650 | -€11,159 | -20.0% |
| Other tangible fixed assets | 26 | €49,435 | €48,907 | -€528 | -1.1% |
| Current assets | 29/58 | €168,659 | €163,052 | -€5,607 | -3.3% |
| Amounts receivable within one year | 40/41 | €8,500 | €6,000 | -€2,500 | -29.4% |
| Trade receivables | 40 | €2,500 | €0 | -€2,500 | -100% |
| Other amounts receivable | 41 | €6,000 | €6,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €153,359 | €154,485 | +€1,126 | +0.7% |
| Deferred charges and accrued income | 490/1 | €6,800 | €2,567 | -€4,233 | -62.3% |
| Total equity and liabilities | 10/49 | €3,153,181 | €3,047,517 | -€105,664 | -3.4% |
| Equity | 10/15 | €1,756,906 | €1,644,980 | -€111,926 | -6.4% |
| Contributions | 10/11 | €2,249,200 | €2,249,200 | = | 0.0% |
| Reserves | 13 | €64,437 | €62,853 | -€1,584 | -2.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €48,237 | €46,653 | -€1,584 | -3.3% |
| Distributable reserves | 133 | €16,200 | €16,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€556,731 | -€667,073 | -€110,342 | -19.8% |
| Provisions and deferred taxes | 16 | €982,008 | €1,217,046 | +€235,038 | +23.9% |
| Provisions for liabilities and charges | 160/5 | €965,929 | €1,201,495 | +€235,566 | +24.4% |
| Other liabilities and charges | 164/5 | €965,929 | €1,201,495 | +€235,566 | +24.4% |
| Deferred taxes | 168 | €16,079 | €15,551 | -€528 | -3.3% |
| Amounts payable | 17/49 | €414,267 | €185,492 | -€228,776 | -55.2% |
| Amounts payable after more than one year | 17 | €340,000 | €90,000 | -€250,000 | -73.5% |
| Financial debts | 170/4 | €340,000 | €90,000 | -€250,000 | -73.5% |
| Amounts payable within one year | 42/48 | €13,617 | €11,400 | -€2,217 | -16.3% |
| Trade debts | 44 | €830 | €3,361 | +€2,531 | +305% |
| Suppliers | 440/4 | €830 | €3,361 | +€2,531 | +305% |
| Taxes, remuneration and social security | 45 | €303 | €223 | -€80 | -26.3% |
| Taxes | 450/3 | €303 | €223 | -€80 | -26.3% |
| Other amounts payable | 47/48 | €12,483 | €7,815 | -€4,668 | -37.4% |
| Accrued charges and deferred income | 492/3 | €60,650 | €84,092 | +€23,441 | +38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,477 | €105,413 | +€7,936 | +8.1% |
| Other operating charges | 640/8 | €9,918 | €13,423 | +€3,505 | +35.3% |
| Gross operating margin | 9900 | €116,193 | €76,175 | -€40,018 | -34.4% |
| Operating profit (loss) | 9901 | €8,799 | -€42,660 | -€51,459 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €62,735 | €69,570 | +€6,835 | +10.9% |
| Recurring financial charges | 65 | €62,735 | €69,570 | +€6,835 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | -€53,937 | -€112,230 | -€58,294 | -108% |
| Transfer from deferred taxes | 780 | €528 | €528 | = | 0.0% |
| Income taxes | 67/77 | €303 | €223 | -€80 | -26.3% |
| Profit (loss) for the period | 9904 | -€53,712 | -€111,926 | -€58,214 | -108% |
| Transfer from tax-exempt reserves | 789 | €1,584 | €1,584 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,129 | -€110,342 | -€58,214 | -112% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.