LAUVIN: 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.
LAUVIN
Largest movements
- Tangible fixed assets +€10,077
up €10,077 (+7.5%), from €133,705 to €143,781
of which Furniture and vehicles: +€30,802
- Receivables within one year +€7,910
new in 2025: €7,910
- Cash -€7,717
down €7,717 (-6.3%), from €123,105 to €115,388
mainly Investment in fixed assets (net) (-€32,000) and Receivables within one year (-€7,910)
- Deferred charges and accrued income +€5,667
new in 2025: €5,667
- Reserves +€14,326
up €14,326 (+6.1%), from €236,536 to €250,862
of which Distributable reserves: +€14,326
- Gross operating margin -€21,016
down €21,016 (-27.5%), from €76,558 to €55,542
- Taxes -€6,359
down €6,359 (-52.2%), from €12,189 to €5,830
- Depreciation +€3,421
up €3,421 (+18.5%), from €18,502 to €21,923
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 | €256,809 | €272,746 | +€15,936 | +6.2% |
| Fixed assets | 21/28 | €133,705 | €143,781 | +€10,077 | +7.5% |
| Tangible fixed assets | 22/27 | €133,705 | €143,781 | +€10,077 | +7.5% |
| Land and buildings | 22 | €133,705 | €112,980 | -€20,725 | -15.5% |
| Furniture and vehicles | 24 | - | €30,802 | +€30,802 | |
| Current assets | 29/58 | €123,105 | €128,964 | +€5,860 | +4.8% |
| Amounts receivable within one year | 40/41 | - | €7,910 | +€7,910 | |
| Other amounts receivable | 41 | - | €7,910 | +€7,910 | |
| Cash at bank and in hand | 54/58 | €123,105 | €115,388 | -€7,717 | -6.3% |
| Deferred charges and accrued income | 490/1 | - | €5,667 | +€5,667 | |
| Total equity and liabilities | 10/49 | €256,809 | €272,746 | +€15,936 | +6.2% |
| Equity | 10/15 | €244,265 | €258,590 | +€14,326 | +5.9% |
| Contributions | 10/11 | €7,729 | €7,729 | = | 0.0% |
| Reserves | 13 | €236,536 | €250,862 | +€14,326 | +6.1% |
| Non-distributable reserves | 130/1 | €9,711 | €9,711 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,711 | €9,711 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,236 | €6,236 | = | 0.0% |
| Distributable reserves | 133 | €220,590 | €234,915 | +€14,326 | +6.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €12,545 | €14,155 | +€1,611 | +12.8% |
| Amounts payable within one year | 42/48 | €12,545 | €14,155 | +€1,611 | +12.8% |
| Trade debts | 44 | €356 | €1,136 | +€780 | +219.4% |
| Suppliers | 440/4 | €356 | €1,136 | +€780 | +219.4% |
| Taxes, remuneration and social security | 45 | €12,189 | €13,019 | +€830 | +6.8% |
| Taxes | 450/3 | €12,189 | €13,019 | +€830 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,502 | €21,923 | +€3,421 | +18.5% |
| Other operating charges | 640/8 | €13,280 | €13,631 | +€351 | +2.6% |
| Gross operating margin | 9900 | €76,558 | €55,542 | -€21,016 | -27.5% |
| Operating profit (loss) | 9901 | €44,776 | €19,988 | -€24,788 | -55.4% |
| Financial income | 75/76B | - | €214 | +€214 | |
| Recurring financial income | 75 | - | €214 | +€214 | |
| Financial charges | 65/66B | €83 | €46 | -€37 | -44.2% |
| Recurring financial charges | 65 | €83 | €46 | -€37 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €44,693 | €20,156 | -€24,537 | -54.9% |
| Income taxes | 67/77 | €12,189 | €5,830 | -€6,359 | -52.2% |
| Profit (loss) for the period | 9904 | €32,504 | €14,326 | -€18,178 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,504 | €14,326 | -€18,178 | -55.9% |
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 6 October 2026 via checked.be.