LAVAFIELDS GROUP: 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.
What changed
LAVAFIELDS GROUP
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€35.0m
2024 · €65,190+€34.9m
Equity
€35.9m
2024 · €921,880+€35.0m
Cash
€5,880
2024 · €12,572-€6,692
Balance sheet total
€37.9m
2024 · €2.9m+€35.0m
Largest movements
Assets
- Financial fixed assets +€35.1m
up €35.1m (+1,523%), from €2.3m to €37.4m
Equity and liabilities
- Profit (loss) carried forward +€35.0m
new in 2025: €35.0m
Income statement
- Financial income +€34.9m
up €34.9m (+12,862%), from €271,461 to €35.2m
of which Non-recurring financial income: +€35.1m
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.
Result 2024
€65,190
Other operating charges
-€11,732
Other operating items
-€14,237
Financial income
+€34.9m
Financial charges
-€1,221
Result 2025
€35.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€35.1m
Investment
-€35.1m
Financing
€0
Cash 2024
€12,572
From operations (derived)
+€35.1m
Net result for the year
+€35.0m
Depreciation
+€14,109
Smaller working-capital items
+€99,328
Investment (derived)
-€35.1m
Investment in fixed assets (net)
-€35.1m
Cash 2025
€5,880
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,853,359 | €37,875,369 | +€35.0m | +1,227% |
| Fixed assets | 21/28 | €2,358,317 | €37,416,794 | +€35.1m | +1,487% |
| Intangible fixed assets | 21 | €47,083 | €41,197 | -€5,885 | -12.5% |
| Tangible fixed assets | 22/27 | €8,224 | - | -€8,224 | |
| Plant, machinery and equipment | 23 | €8,224 | - | -€8,224 | |
| Financial fixed assets | 28 | €2,303,011 | €37,375,596 | +€35.1m | +1,523% |
| Affiliated companies | 280/1 | €2,303,011 | €37,375,596 | +€35.1m | +1,523% |
| Participating interests | 280 | €2,303,011 | €37,375,596 | +€35.1m | +1,523% |
| Current assets | 29/58 | €495,042 | €458,576 | -€36,466 | -7.4% |
| Amounts receivable within one year | 40/41 | €481,421 | €452,696 | -€28,725 | -6.0% |
| Trade receivables | 40 | €18,150 | €18,150 | = | 0.0% |
| Other amounts receivable | 41 | €463,271 | €434,546 | -€28,725 | -6.2% |
| Cash at bank and in hand | 54/58 | €12,572 | €5,880 | -€6,692 | -53.2% |
| Deferred charges and accrued income | 490/1 | €1,049 | - | -€1,049 | |
| Total equity and liabilities | 10/49 | €2,853,359 | €37,875,369 | +€35.0m | +1,227% |
| Equity | 10/15 | €921,880 | €35,874,335 | +€35.0m | +3,791% |
| Contributions | 10/11 | €860,000 | €860,000 | = | 0.0% |
| Capital | 10 | €618,800 | €618,800 | = | 0.0% |
| Issued capital | 100 | €618,800 | €618,800 | = | 0.0% |
| Contributions outside capital | 11 | €241,200 | €241,200 | = | 0.0% |
| Share premium | 1100/10 | €241,200 | €241,200 | = | 0.0% |
| Reserves | 13 | €61,880 | €61,880 | = | 0.0% |
| Non-distributable reserves | 130/1 | €61,880 | €61,880 | = | 0.0% |
| Legal reserve | 130 | €61,880 | €61,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €34,952,455 | +€35.0m | |
| Amounts payable | 17/49 | €1,931,479 | €2,001,034 | +€69,555 | +3.6% |
| Amounts payable within one year | 42/48 | €1,931,479 | €2,001,034 | +€69,555 | +3.6% |
| Trade debts | 44 | €15,498 | €3,803 | -€11,694 | -75.5% |
| Suppliers | 440/4 | €15,498 | €3,803 | -€11,694 | -75.5% |
| Taxes, remuneration and social security | 45 | €7,000 | €21,000 | +€14,000 | +200% |
| Taxes | 450/3 | - | €10,500 | +€10,500 | |
| Remuneration and social security | 454/9 | €7,000 | €10,500 | +€3,500 | +50.0% |
| Other amounts payable | 47/48 | €1,908,981 | €1,976,231 | +€67,249 | +3.5% |
| Operating income | 70/76A | €1,684 | - | -€1,684 | |
| Non-recurring operating income | 76A | €1,684 | - | -€1,684 | |
| Operating charges | 60/66A | €141,891 | €166,176 | +€24,285 | +17.1% |
| Services and other goods | 61 | €118,462 | €131,038 | +€12,575 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,109 | €14,109 | = | 0.0% |
| Other operating charges | 640/8 | €9,297 | €21,030 | +€11,732 | +126% |
| Non-recurring operating charges | 66A | €23 | - | -€23 | |
| Operating profit (loss) | 9901 | -€140,207 | -€166,176 | -€25,969 | -18.5% |
| Financial income | 75/76B | €271,461 | €35,185,917 | +€34.9m | +12,862% |
| Recurring financial income | 75 | €271,461 | €133,331 | -€138,130 | -50.9% |
| Income from financial fixed assets | 750 | €270,671 | €132,475 | -€138,196 | -51.1% |
| Income from current assets | 751 | €790 | €856 | +€66 | +8.4% |
| Non-recurring financial income | 76B | - | €35,052,585 | +€35.1m | |
| Financial charges | 65/66B | €66,064 | €67,285 | +€1,221 | +1.8% |
| Recurring financial charges | 65 | €66,064 | €67,285 | +€1,221 | +1.8% |
| Debt charges | 650 | €66,064 | €67,285 | +€1,221 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €65,190 | €34,952,455 | +€34.9m | +53,516% |
| Profit (loss) for the period | 9904 | €65,190 | €34,952,455 | +€34.9m | +53,516% |
| Profit (loss) for the period to be appropriated | 9905 | €65,190 | €34,952,455 | +€34.9m | +53,516% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.