LAVA: 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.
LAVA
Largest movements
- Cash +€18,800
up €18,800 (+218.4%), from €8,608 to €27,408
mainly Net result for the year (+€25,040) and Tax, wage and social debts (+€2,783)
- Deferred charges and accrued income +€8,367
up €8,367 (+294.5%), from €2,841 to €11,208
- Receivables within one year +€663
up €663 (+41.4%), from €1,600 to €2,263
- Reserves +€25,040
up €25,040 (+172.7%), from €14,500 to €39,540
- Tax, wage and social debts +€2,783
up €2,783 (+375.5%), from €741 to €3,524
- Gross operating margin +€46,365
up €46,365, from -€11,862 to €34,503
- Taxes +€6,768
up €6,768 (+5287.7%), from €128 to €6,896
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 | €13,824 | €41,783 | +€27,959 | +202.2% |
| Fixed assets | 21/28 | €775 | €905 | +€130 | +16.8% |
| Tangible fixed assets | 22/27 | €775 | €905 | +€130 | +16.8% |
| Furniture and vehicles | 24 | €775 | €905 | +€130 | +16.8% |
| Current assets | 29/58 | €13,050 | €40,879 | +€27,829 | +213.3% |
| Amounts receivable within one year | 40/41 | €1,600 | €2,263 | +€663 | +41.4% |
| Trade receivables | 40 | €1,600 | €2,263 | +€663 | +41.4% |
| Cash at bank and in hand | 54/58 | €8,608 | €27,408 | +€18,800 | +218.4% |
| Deferred charges and accrued income | 490/1 | €2,841 | €11,208 | +€8,367 | +294.5% |
| Total equity and liabilities | 10/49 | €13,824 | €41,783 | +€27,959 | +202.2% |
| Equity | 10/15 | €3,136 | €28,177 | +€25,040 | +798.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,500 | €39,540 | +€25,040 | +172.7% |
| Distributable reserves | 133 | €14,500 | €39,540 | +€25,040 | +172.7% |
| Profit (loss) carried forward | 14 | -€13,364 | -€13,364 | = | 0.0% |
| Amounts payable | 17/49 | €10,688 | €13,607 | +€2,919 | +27.3% |
| Amounts payable within one year | 42/48 | €10,438 | €13,344 | +€2,906 | +27.8% |
| Trade debts | 44 | €897 | €647 | -€250 | -27.8% |
| Suppliers | 440/4 | €897 | €647 | -€250 | -27.8% |
| Taxes, remuneration and social security | 45 | €741 | €3,524 | +€2,783 | +375.5% |
| Taxes | 450/3 | €741 | €3,524 | +€2,783 | +375.5% |
| Other amounts payable | 47/48 | €8,800 | €9,173 | +€373 | +4.2% |
| Accrued charges and deferred income | 492/3 | €250 | €262 | +€12 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €903 | €619 | -€284 | -31.4% |
| Other operating charges | 640/8 | €425 | €719 | +€293 | +68.9% |
| Gross operating margin | 9900 | -€11,862 | €34,503 | +€46,365 | |
| Operating profit (loss) | 9901 | -€13,190 | €33,165 | +€46,356 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,016 | €1,229 | +€212 | +20.9% |
| Recurring financial charges | 65 | €1,016 | €1,229 | +€212 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,207 | €31,937 | +€46,143 | |
| Income taxes | 67/77 | €128 | €6,896 | +€6,768 | +5287.7% |
| Profit (loss) for the period | 9904 | -€14,335 | €25,040 | +€39,375 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,335 | €25,040 | +€39,375 |
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 7 October 2026 via checked.be.