LAVAL Immo: 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.
LAVAL Immo
Largest movements
- Tangible fixed assets -€65,590
down €65,590 (-5.8%), from €1.1m to €1.1m
- Receivables within one year -€26,285
down €26,285 (-63.6%), from €41,322 to €15,037
of which Trade receivables: -€26,285
- Cash -€18,054
down €18,054 (-71.9%), from €25,117 to €7,064
mainly Debts after one year (-€220,409) and Short-term financial debts (-€43,130)
- Debts after one year -€220,409
down €220,409 (-41.2%), from €535,491 to €315,082
- Current portion of long-term debt +€167,474
up €167,474 (+241.2%), from €69,420 to €236,894
- Short-term financial debts -€43,130
no longer reported in 2024 (was €43,130)
- Profit (loss) carried forward -€22,796
down €22,796 (-123.6%), from -€18,441 to -€41,238
- Depreciation -€33,456
down €33,456 (-33.8%), from €99,046 to €65,590
- Gross operating margin -€32,893
down €32,893 (-22.6%), from €145,376 to €112,483
- Write-downs +€26,009
new in 2024: €26,009
- Financial charges -€3,559
down €3,559 (-15.5%), from €22,929 to €19,371
- Other operating charges +€3,232
up €3,232 (+15.4%), from €20,949 to €24,181
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,198,555 | €1,087,274 | -€111,281 | -9.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,127,067 | €1,061,477 | -€65,590 | -5.8% |
| Tangible fixed assets | 22/27 | €1,127,067 | €1,061,477 | -€65,590 | -5.8% |
| Land and buildings | 22 | €1,127,067 | €1,061,477 | -€65,590 | -5.8% |
| Current assets | 29/58 | €71,488 | €25,797 | -€45,691 | -63.9% |
| Amounts receivable within one year | 40/41 | €41,322 | €15,037 | -€26,285 | -63.6% |
| Trade receivables | 40 | €40,372 | €14,087 | -€26,285 | -65.1% |
| Other amounts receivable | 41 | €950 | €950 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,117 | €7,064 | -€18,054 | -71.9% |
| Deferred charges and accrued income | 490/1 | €5,049 | €3,697 | -€1,352 | -26.8% |
| Total equity and liabilities | 10/49 | €1,198,555 | €1,087,274 | -€111,281 | -9.3% |
| Equity | 10/15 | €45,689 | €22,892 | -€22,796 | -49.9% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €130 | €130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €130 | €130 | = | 0.0% |
| Legal reserve | 130 | €130 | €130 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,441 | -€41,238 | -€22,796 | -123.6% |
| Amounts payable | 17/49 | €1,152,866 | €1,064,382 | -€88,485 | -7.7% |
| Amounts payable after more than one year | 17 | €535,491 | €315,082 | -€220,409 | -41.2% |
| Financial debts | 170/4 | €535,491 | €315,082 | -€220,409 | -41.2% |
| Amounts payable within one year | 42/48 | €617,375 | €749,299 | +€131,924 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €69,420 | €236,894 | +€167,474 | +241.2% |
| Financial debts | 43 | €43,130 | - | -€43,130 | |
| Other loans | 439 | €43,130 | - | -€43,130 | |
| Trade debts | 44 | €7,249 | €6,701 | -€548 | -7.6% |
| Suppliers | 440/4 | €7,249 | €6,701 | -€548 | -7.6% |
| Taxes, remuneration and social security | 45 | €526 | €654 | +€129 | +24.4% |
| Taxes | 450/3 | €526 | €654 | +€129 | +24.4% |
| Other amounts payable | 47/48 | €497,050 | €505,050 | +€8,000 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,046 | €65,590 | -€33,456 | -33.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €26,009 | +€26,009 | |
| Other operating charges | 640/8 | €20,949 | €24,181 | +€3,232 | +15.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €145,376 | €112,483 | -€32,893 | -22.6% |
| Operating profit (loss) | 9901 | €25,382 | -€3,297 | -€28,679 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €22,929 | €19,371 | -€3,559 | -15.5% |
| Recurring financial charges | 65 | €22,929 | €19,371 | -€3,559 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €2,452 | -€22,668 | -€25,120 | |
| Income taxes | 67/77 | €515 | €129 | -€386 | -75.0% |
| Profit (loss) for the period | 9904 | €1,937 | -€22,796 | -€24,734 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,937 | -€22,796 | -€24,734 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.