LavaRes: 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.
LavaRes
Largest movements
- Cash +€32,161
up €32,161 (+387.6%), from €8,297 to €40,459
mainly Net result for the year (+€66,499) and Other debts (+€29,537)
- Receivables within one year -€7,406
down €7,406 (-20.8%), from €35,690 to €28,284
of which Other amounts receivable: -€4,589
- Other debts +€29,537
up €29,537 (+6378.2%), from €463 to €30,000
- Debts after one year -€9,407
down €9,407 (-15.8%), from €59,401 to €49,994
- Reserves +€6,499
up €6,499 (+4.9%), from €133,829 to €140,329
- Gross operating margin +€7,707
up €7,707 (+7.1%), from €108,360 to €116,067
- Taxes +€4,908
up €4,908 (+24.8%), from €19,769 to €24,677
- Financial charges +€1,859
up €1,859 (+42.2%), from €4,409 to €6,267
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 | €242,236 | €265,968 | +€23,732 | +9.8% |
| Fixed assets | 21/28 | €197,877 | €196,839 | -€1,038 | -0.5% |
| Tangible fixed assets | 22/27 | €127,470 | €126,432 | -€1,038 | -0.8% |
| Plant, machinery and equipment | 23 | - | €3,213 | +€3,213 | |
| Furniture and vehicles | 24 | €4,145 | €2,854 | -€1,291 | -31.1% |
| Other tangible fixed assets | 26 | €123,324 | €120,364 | -€2,960 | -2.4% |
| Financial fixed assets | 28 | €70,407 | €70,407 | = | 0.0% |
| Current assets | 29/58 | €44,359 | €69,129 | +€24,770 | +55.8% |
| Amounts receivable within one year | 40/41 | €35,690 | €28,284 | -€7,406 | -20.8% |
| Trade receivables | 40 | €25,459 | €22,642 | -€2,817 | -11.1% |
| Other amounts receivable | 41 | €10,231 | €5,642 | -€4,589 | -44.9% |
| Cash at bank and in hand | 54/58 | €8,297 | €40,459 | +€32,161 | +387.6% |
| Deferred charges and accrued income | 490/1 | €372 | €387 | +€15 | +4.0% |
| Total equity and liabilities | 10/49 | €242,236 | €265,968 | +€23,732 | +9.8% |
| Equity | 10/15 | €152,429 | €158,929 | +€6,499 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €133,829 | €140,329 | +€6,499 | +4.9% |
| Distributable reserves | 133 | €133,829 | €140,329 | +€6,499 | +4.9% |
| Amounts payable | 17/49 | €89,807 | €107,040 | +€17,233 | +19.2% |
| Amounts payable after more than one year | 17 | €59,401 | €49,994 | -€9,407 | -15.8% |
| Financial debts | 170/4 | €59,401 | €49,994 | -€9,407 | -15.8% |
| Amounts payable within one year | 42/48 | €30,406 | €57,046 | +€26,640 | +87.6% |
| Current portion of amounts payable after more than one year | 42 | €9,109 | €9,407 | +€298 | +3.3% |
| Trade debts | 44 | €8,523 | €7,043 | -€1,480 | -17.4% |
| Suppliers | 440/4 | €8,523 | €7,043 | -€1,480 | -17.4% |
| Taxes, remuneration and social security | 45 | €12,310 | €10,595 | -€1,715 | -13.9% |
| Taxes | 450/3 | €9,458 | €10,595 | +€1,138 | +12.0% |
| Remuneration and social security | 454/9 | €2,853 | - | -€2,853 | |
| Other amounts payable | 47/48 | €463 | €30,000 | +€29,537 | +6378.2% |
| Non-recurring operating income | 76A | €4,436 | - | -€4,436 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,881 | €17,920 | +€1,039 | +6.2% |
| Other operating charges | 640/8 | €597 | €771 | +€174 | +29.1% |
| Gross operating margin | 9900 | €108,360 | €116,067 | +€7,707 | +7.1% |
| Operating profit (loss) | 9901 | €90,882 | €97,376 | +€6,494 | +7.1% |
| Financial income | 75/76B | - | €67 | +€67 | |
| Recurring financial income | 75 | - | €67 | +€67 | |
| Financial charges | 65/66B | €4,409 | €6,267 | +€1,859 | +42.2% |
| Recurring financial charges | 65 | €4,409 | €6,267 | +€1,859 | +42.2% |
| Profit (loss) for the period before taxes | 9903 | €86,473 | €91,176 | +€4,703 | +5.4% |
| Income taxes | 67/77 | €19,769 | €24,677 | +€4,908 | +24.8% |
| Profit (loss) for the period | 9904 | €66,705 | €66,499 | -€205 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,705 | €66,499 | -€205 | -0.3% |
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 5 October 2026 via checked.be.