LAVANDI: 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.
LAVANDI
Largest movements
- Cash -€27,990
down €27,990 (-18.4%), from €152,455 to €124,465
mainly Contributions, distributions and other (-€54,567) and Receivables within one year (-€6,710)
- Tangible fixed assets -€11,134
down €11,134 (-10.8%), from €103,218 to €92,084
of which Other tangible fixed assets: -€11,190
- Receivables within one year +€6,710
up €6,710 (+37.4%), from €17,924 to €24,634
of which Other amounts receivable: +€5,731
- Reserves -€32,561
down €32,561 (-16.3%), from €200,164 to €167,603
of which Distributable reserves: -€32,561
- Gross operating margin -€66,685
down €66,685 (-57.9%), from €115,127 to €48,442
- Taxes -€22,944
down €22,944 (-74.8%), from €30,666 to €7,722
- Depreciation -€2,578
down €2,578 (-14.1%), from €18,235 to €15,657
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 | €276,182 | €241,748 | -€34,434 | -12.5% |
| Fixed assets | 21/28 | €103,218 | €92,084 | -€11,134 | -10.8% |
| Tangible fixed assets | 22/27 | €103,218 | €92,084 | -€11,134 | -10.8% |
| Furniture and vehicles | 24 | €7,811 | €7,867 | +€56 | +0.7% |
| Other tangible fixed assets | 26 | €95,407 | €84,217 | -€11,190 | -11.7% |
| Current assets | 29/58 | €172,964 | €149,664 | -€23,300 | -13.5% |
| Amounts receivable within one year | 40/41 | €17,924 | €24,634 | +€6,710 | +37.4% |
| Trade receivables | 40 | - | €978 | +€978 | |
| Other amounts receivable | 41 | €17,924 | €23,655 | +€5,731 | +32.0% |
| Cash at bank and in hand | 54/58 | €152,455 | €124,465 | -€27,990 | -18.4% |
| Deferred charges and accrued income | 490/1 | €2,585 | €565 | -€2,020 | -78.2% |
| Total equity and liabilities | 10/49 | €276,182 | €241,748 | -€34,434 | -12.5% |
| Equity | 10/15 | €262,164 | €229,603 | -€32,561 | -12.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €200,164 | €167,603 | -€32,561 | -16.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €193,964 | €161,403 | -€32,561 | -16.8% |
| Amounts payable | 17/49 | €14,018 | €12,144 | -€1,874 | -13.4% |
| Amounts payable within one year | 42/48 | €13,285 | €11,500 | -€1,785 | -13.4% |
| Trade debts | 44 | €519 | €329 | -€190 | -36.6% |
| Suppliers | 440/4 | €519 | €329 | -€190 | -36.6% |
| Other amounts payable | 47/48 | €12,766 | €11,171 | -€1,595 | -12.5% |
| Accrued charges and deferred income | 492/3 | €733 | €644 | -€89 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,235 | €15,657 | -€2,578 | -14.1% |
| Other operating charges | 640/8 | €2,603 | €2,224 | -€379 | -14.6% |
| Gross operating margin | 9900 | €115,127 | €48,442 | -€66,685 | -57.9% |
| Operating profit (loss) | 9901 | €94,289 | €30,560 | -€63,729 | -67.6% |
| Financial charges | 65/66B | €873 | €832 | -€41 | -4.7% |
| Recurring financial charges | 65 | €873 | €832 | -€41 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €93,416 | €29,729 | -€63,687 | -68.2% |
| Income taxes | 67/77 | €30,666 | €7,722 | -€22,944 | -74.8% |
| Profit (loss) for the period | 9904 | €62,750 | €22,007 | -€40,744 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €62,750 | €22,007 | -€40,744 | -64.9% |
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 14 October 2026 via checked.be.