LAVANDO: 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.
LAVANDO
Largest movements
- Current investments +€300,000
up €300,000 (+798.3%), from €37,581 to €337,581
- Tangible fixed assets -€142,244
down €142,244 (-28.4%), from €500,381 to €358,137
- Cash -€8,435
down €8,435 (-22.2%), from €37,964 to €29,529
mainly Current investments (-€300,000) and Debts after one year (-€33,199)
- Reserves +€148,728
new in 2025: €148,728
- Debts after one year -€33,199
down €33,199 (-100.0%), from €33,199 to €0
- Profit (loss) carried forward +€30,972
up €30,972, from -€30,972 to €0
- Current portion of long-term debt -€12,984
down €12,984 (-100.0%), from €12,984 to €0
- Tax, wage and social debts +€12,709
up €12,709 (+420.5%), from €3,022 to €15,731
- Gross operating margin +€232,075
up €232,075 (+697.0%), from €33,296 to €265,371
- Taxes +€51,386
new in 2025: €51,386
- Financial charges +€4,372
up €4,372 (+36.4%), from €12,007 to €16,379
- Depreciation -€3,494
down €3,494 (-19.5%), from €17,952 to €14,458
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 | €576,076 | €725,247 | +€149,171 | +25.9% |
| Fixed assets | 21/28 | €500,381 | €358,137 | -€142,244 | -28.4% |
| Tangible fixed assets | 22/27 | €500,381 | €358,137 | -€142,244 | -28.4% |
| Land and buildings | 22 | €500,381 | €358,137 | -€142,244 | -28.4% |
| Current assets | 29/58 | €75,695 | €367,110 | +€291,415 | +385.0% |
| Amounts receivable within one year | 40/41 | €151 | €0 | -€151 | -100.0% |
| Other amounts receivable | 41 | €151 | €0 | -€151 | -100.0% |
| Current investments | 50/53 | €37,581 | €337,581 | +€300,000 | +798.3% |
| Cash at bank and in hand | 54/58 | €37,964 | €29,529 | -€8,435 | -22.2% |
| Total equity and liabilities | 10/49 | €576,076 | €725,247 | +€149,171 | +25.9% |
| Equity | 10/15 | €266,500 | €446,200 | +€179,700 | +67.4% |
| Contributions | 10/11 | €297,472 | €297,472 | = | 0.0% |
| Capital | 10 | €297,472 | €297,472 | = | 0.0% |
| Issued capital | 100 | €297,472 | €297,472 | = | 0.0% |
| Reserves | 13 | - | €148,728 | +€148,728 | |
| Distributable reserves | 133 | - | €148,728 | +€148,728 | |
| Profit (loss) carried forward | 14 | -€30,972 | €0 | +€30,972 | |
| Amounts payable | 17/49 | €309,576 | €279,047 | -€30,529 | -9.9% |
| Amounts payable after more than one year | 17 | €33,199 | €0 | -€33,199 | -100.0% |
| Financial debts | 170/4 | €33,199 | €0 | -€33,199 | -100.0% |
| Amounts payable within one year | 42/48 | €267,879 | €267,569 | -€310 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €12,984 | €0 | -€12,984 | -100.0% |
| Trade debts | 44 | €42 | €8 | -€34 | -81.1% |
| Suppliers | 440/4 | €42 | €8 | -€34 | -81.1% |
| Taxes, remuneration and social security | 45 | €3,022 | €15,731 | +€12,709 | +420.5% |
| Taxes | 450/3 | €3,022 | €15,731 | +€12,709 | +420.5% |
| Other amounts payable | 47/48 | €251,830 | €251,830 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,498 | €11,478 | +€2,980 | +35.1% |
| Non-recurring operating income | 76A | - | €237,214 | +€237,214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,952 | €14,458 | -€3,494 | -19.5% |
| Other operating charges | 640/8 | €4,631 | €3,563 | -€1,068 | -23.1% |
| Gross operating margin | 9900 | €33,296 | €265,371 | +€232,075 | +697.0% |
| Operating profit (loss) | 9901 | €10,713 | €247,351 | +€236,638 | +2208.9% |
| Financial income | 75/76B | €502 | €114 | -€388 | -77.3% |
| Recurring financial income | 75 | €502 | €114 | -€388 | -77.3% |
| Financial charges | 65/66B | €12,007 | €16,379 | +€4,372 | +36.4% |
| Recurring financial charges | 65 | €12,007 | €16,379 | +€4,372 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | -€792 | €231,086 | +€231,878 | |
| Income taxes | 67/77 | - | €51,386 | +€51,386 | |
| Profit (loss) for the period | 9904 | -€792 | €179,700 | +€180,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€792 | €179,700 | +€180,492 |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.