LAVAZZA: 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.
LAVAZZA
Largest movements
- Stocks and contracts +€10,604
new in 2025: €10,604
- Tangible fixed assets +€8,813
up €8,813 (+56.9%), from €15,493 to €24,306
of which Furniture and vehicles: +€9,641
- Receivables within one year -€8,136
down €8,136 (-41.3%), from €19,688 to €11,552
of which Trade receivables: -€11,703
- Cash +€5,989
up €5,989 (+324.5%), from €1,846 to €7,835
mainly Receivables within one year (+€8,136) and Depreciation (+€7,871)
- Trade debts +€6,353
up €6,353 (+42.2%), from €15,050 to €21,403
- Tax, wage and social debts +€5,067
up €5,067 (+50.0%), from €10,126 to €15,193
of which Taxes: +€3,510
- Other debts +€3,500
new in 2025: €3,500
- Profit (loss) carried forward +€2,350
up €2,350 (+6.2%), from -€38,149 to -€35,798
- Gross operating margin +€58,168
up €58,168, from -€15,823 to €42,345
- Staff costs +€14,524
up €14,524 (+82.7%), from €17,555 to €32,079
- Depreciation +€3,148
up €3,148 (+66.7%), from €4,723 to €7,871
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 | €37,027 | €54,297 | +€17,271 | +46.6% |
| Fixed assets | 21/28 | €15,493 | €24,306 | +€8,813 | +56.9% |
| Tangible fixed assets | 22/27 | €15,493 | €24,306 | +€8,813 | +56.9% |
| Plant, machinery and equipment | 23 | €2,867 | €2,903 | +€36 | +1.3% |
| Furniture and vehicles | 24 | €4,850 | €14,492 | +€9,641 | +198.8% |
| Other tangible fixed assets | 26 | €7,776 | €6,912 | -€864 | -11.1% |
| Current assets | 29/58 | €21,534 | €29,991 | +€8,457 | +39.3% |
| Stocks and contracts in progress | 3 | - | €10,604 | +€10,604 | |
| Stocks | 30/36 | - | €10,604 | +€10,604 | |
| Amounts receivable within one year | 40/41 | €19,688 | €11,552 | -€8,136 | -41.3% |
| Trade receivables | 40 | €16,067 | €4,364 | -€11,703 | -72.8% |
| Other amounts receivable | 41 | €3,621 | €7,188 | +€3,567 | +98.5% |
| Cash at bank and in hand | 54/58 | €1,846 | €7,835 | +€5,989 | +324.5% |
| Total equity and liabilities | 10/49 | €37,027 | €54,297 | +€17,271 | +46.6% |
| Equity | 10/15 | €11,851 | €14,202 | +€2,350 | +19.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,149 | -€35,798 | +€2,350 | +6.2% |
| Amounts payable | 17/49 | €25,176 | €40,096 | +€14,920 | +59.3% |
| Amounts payable within one year | 42/48 | €25,176 | €40,096 | +€14,920 | +59.3% |
| Trade debts | 44 | €15,050 | €21,403 | +€6,353 | +42.2% |
| Suppliers | 440/4 | €15,050 | €21,403 | +€6,353 | +42.2% |
| Taxes, remuneration and social security | 45 | €10,126 | €15,193 | +€5,067 | +50.0% |
| Taxes | 450/3 | €431 | €3,941 | +€3,510 | +814.9% |
| Remuneration and social security | 454/9 | €9,695 | €11,252 | +€1,557 | +16.1% |
| Other amounts payable | 47/48 | - | €3,500 | +€3,500 | |
| Remuneration, social security and pensions | 62 | €17,555 | €32,079 | +€14,524 | +82.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,723 | €7,871 | +€3,148 | +66.7% |
| Gross operating margin | 9900 | -€15,823 | €42,345 | +€58,168 | |
| Operating profit (loss) | 9901 | -€38,100 | €2,395 | +€40,496 | |
| Financial charges | 65/66B | €49 | €45 | -€4 | -7.2% |
| Recurring financial charges | 65 | €49 | €45 | -€4 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | -€38,149 | €2,350 | +€40,499 | |
| Profit (loss) for the period | 9904 | -€38,149 | €2,350 | +€40,499 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,149 | €2,350 | +€40,499 |
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 3 October 2026 via checked.be.