Lavcaster: 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.
Lavcaster
Largest movements
- Cash -€44,778
down €44,778 (-99.7%), from €44,929 to €151
mainly Net result for the year (-€40,586) and Tax, wage and social debts (-€3,733)
- Receivables within one year +€2,552
up €2,552 (+14.6%), from €17,487 to €20,039
of which Trade receivables: +€6,802
- Tangible fixed assets -€1,094
down €1,094 (-54.5%), from €2,009 to €915
- Profit (loss) carried forward -€40,586
new in 2025: -€40,586
- Tax, wage and social debts -€3,733
down €3,733 (-59.7%), from €6,252 to €2,519
- Other debts +€1,392
up €1,392 (+7.4%), from €18,725 to €20,117
- Gross operating margin -€68,551
down €68,551, from €30,983 to -€37,568
- Taxes -€4,828
down €4,828 (-98.4%), from €4,905 to €77
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 | €64,425 | €21,105 | -€43,320 | -67.2% |
| Fixed assets | 21/28 | €2,009 | €915 | -€1,094 | -54.5% |
| Tangible fixed assets | 22/27 | €2,009 | €915 | -€1,094 | -54.5% |
| Plant, machinery and equipment | 23 | €2,009 | €915 | -€1,094 | -54.5% |
| Current assets | 29/58 | €62,416 | €20,190 | -€42,226 | -67.7% |
| Amounts receivable within one year | 40/41 | €17,487 | €20,039 | +€2,552 | +14.6% |
| Trade receivables | 40 | €11,314 | €18,116 | +€6,802 | +60.1% |
| Other amounts receivable | 41 | €6,173 | €1,923 | -€4,250 | -68.8% |
| Cash at bank and in hand | 54/58 | €44,929 | €151 | -€44,778 | -99.7% |
| Total equity and liabilities | 10/49 | €64,425 | €21,105 | -€43,320 | -67.2% |
| Equity | 10/15 | €39,055 | -€1,531 | -€40,586 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €37,055 | €37,055 | = | 0.0% |
| Distributable reserves | 133 | €37,055 | €37,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€40,586 | -€40,586 | |
| Amounts payable | 17/49 | €25,370 | €22,636 | -€2,734 | -10.8% |
| Amounts payable within one year | 42/48 | €25,370 | €22,636 | -€2,734 | -10.8% |
| Trade debts | 44 | €393 | - | -€393 | |
| Suppliers | 440/4 | €393 | - | -€393 | |
| Taxes, remuneration and social security | 45 | €6,252 | €2,519 | -€3,733 | -59.7% |
| Taxes | 450/3 | €6,252 | €2,519 | -€3,733 | -59.7% |
| Other amounts payable | 47/48 | €18,725 | €20,117 | +€1,392 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €892 | €1,094 | +€202 | +22.6% |
| Other operating charges | 640/8 | €472 | €614 | +€142 | +30.1% |
| Gross operating margin | 9900 | €30,983 | -€37,568 | -€68,551 | |
| Operating profit (loss) | 9901 | €29,619 | -€39,276 | -€68,895 | |
| Financial income | 75/76B | €65 | €80 | +€15 | +23.1% |
| Recurring financial income | 75 | €65 | €80 | +€15 | +23.1% |
| Financial charges | 65/66B | €1,076 | €1,313 | +€237 | +22.0% |
| Recurring financial charges | 65 | €1,076 | €1,313 | +€237 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €28,608 | -€40,509 | -€69,117 | |
| Income taxes | 67/77 | €4,905 | €77 | -€4,828 | -98.4% |
| Profit (loss) for the period | 9904 | €23,703 | -€40,586 | -€64,289 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,703 | -€40,586 | -€64,289 |
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.