LAVATEC: 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.
LAVATEC
Largest movements
- Cash -€13,111
down €13,111 (-12.1%), from €108,297 to €95,186
mainly Tax, wage and social debts (-€21,844) and Investment in fixed assets (net) (-€12,837)
- Tangible fixed assets +€12,524
new in 2025: €12,524
- Tax, wage and social debts -€21,844
down €21,844 (-74.0%), from €29,506 to €7,662
of which Taxes: -€21,844
- Reserves +€10,870
up €10,870 (+45.9%), from €23,690 to €34,561
- Trade debts +€7,043
up €7,043 (+546.3%), from €1,289 to €8,332
- Other debts +€3,673
up €3,673 (+7.8%), from €47,193 to €50,866
- Accrued charges and deferred income +€1,634
new in 2025: €1,634
- Financial charges +€1,200
up €1,200 (+77.5%), from €1,549 to €2,748
- Other operating charges +€927
up €927 (+400.3%), from €232 to €1,159
- Financial income -€625
down €625 (-100.0%), from €625 to €0
- Taxes +€349
up €349 (+8.8%), from €3,957 to €4,306
- Depreciation +€313
new in 2025: €313
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 | €119,098 | €119,264 | +€166 | +0.1% |
| Fixed assets | 21/28 | - | €12,524 | +€12,524 | |
| Tangible fixed assets | 22/27 | - | €12,524 | +€12,524 | |
| Plant, machinery and equipment | 23 | - | €12,524 | +€12,524 | |
| Current assets | 29/58 | €119,098 | €106,740 | -€12,358 | -10.4% |
| Amounts receivable within one year | 40/41 | €10,802 | €11,554 | +€752 | +7.0% |
| Trade receivables | 40 | €9,402 | €6,365 | -€3,037 | -32.3% |
| Other amounts receivable | 41 | €1,400 | €5,189 | +€3,789 | +270.7% |
| Cash at bank and in hand | 54/58 | €108,297 | €95,186 | -€13,111 | -12.1% |
| Total equity and liabilities | 10/49 | €119,098 | €119,264 | +€166 | +0.1% |
| Equity | 10/15 | €38,690 | €49,561 | +€10,870 | +28.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €23,690 | €34,561 | +€10,870 | +45.9% |
| Distributable reserves | 133 | €23,690 | €34,561 | +€10,870 | +45.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €80,408 | €69,704 | -€10,705 | -13.3% |
| Amounts payable within one year | 42/48 | €80,408 | €68,070 | -€12,339 | -15.3% |
| Trade debts | 44 | €1,289 | €8,332 | +€7,043 | +546.3% |
| Suppliers | 440/4 | €1,289 | €8,332 | +€7,043 | +546.3% |
| Advances received on contracts in progress | 46 | €2,420 | €1,210 | -€1,210 | -50.0% |
| Taxes, remuneration and social security | 45 | €29,506 | €7,662 | -€21,844 | -74.0% |
| Taxes | 450/3 | €27,506 | €5,662 | -€21,844 | -79.4% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €47,193 | €50,866 | +€3,673 | +7.8% |
| Accrued charges and deferred income | 492/3 | - | €1,634 | +€1,634 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €313 | +€313 | |
| Other operating charges | 640/8 | €232 | €1,159 | +€927 | +400.3% |
| Gross operating margin | 9900 | €19,566 | €19,397 | -€169 | -0.9% |
| Operating profit (loss) | 9901 | €19,334 | €17,924 | -€1,410 | -7.3% |
| Financial income | 75/76B | €625 | €0 | -€625 | -100.0% |
| Recurring financial income | 75 | €625 | €0 | -€625 | -100.0% |
| Financial charges | 65/66B | €1,549 | €2,748 | +€1,200 | +77.5% |
| Recurring financial charges | 65 | €1,549 | €2,748 | +€1,200 | +77.5% |
| Profit (loss) for the period before taxes | 9903 | €18,411 | €15,176 | -€3,235 | -17.6% |
| Income taxes | 67/77 | €3,957 | €4,306 | +€349 | +8.8% |
| Profit (loss) for the period | 9904 | €14,454 | €10,870 | -€3,583 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,454 | €10,870 | -€3,583 | -24.8% |
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 11 October 2026 via checked.be.