LAVERNA: 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.
LAVERNA
Largest movements
- Cash +€45,468
up €45,468 (+150%), from €30,249 to €75,717
mainly Current investments (+€40,000) and Net result for the year (+€27,372)
- Current investments -€40,000
down €40,000 (-20.0%), from €200,000 to €160,000
- Tangible fixed assets -€5,022
down €5,022 (-18.1%), from €27,799 to €22,776
of which Land and buildings: -€8,669
- Receivables within one year +€3,136
up €3,136 (+326%), from €961 to €4,097
of which Other amounts receivable: +€2,596
- Reserves +€6,672
up €6,672 (+3.1%), from €217,983 to €224,654
- Tax, wage and social debts -€3,442
down €3,442 (-56.0%), from €6,142 to €2,700
of which Remuneration and social security: -€2,700
- Gross operating margin -€14,162
down €14,162 (-24.1%), from €58,805 to €44,643
- Financial income +€4,792
up €4,792 (+148%), from €3,234 to €8,027
- Taxes -€3,358
down €3,358 (-27.5%), from €12,209 to €8,851
- Depreciation +€1,885
up €1,885 (+16.5%), from €11,451 to €13,336
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.
Derived cash bridge
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 | €260,340 | €264,929 | +€4,589 | +1.8% |
| Fixed assets | 21/28 | €27,799 | €22,776 | -€5,022 | -18.1% |
| Tangible fixed assets | 22/27 | €27,799 | €22,776 | -€5,022 | -18.1% |
| Land and buildings | 22 | €8,669 | - | -€8,669 | |
| Plant, machinery and equipment | 23 | €8,710 | €7,007 | -€1,703 | -19.6% |
| Furniture and vehicles | 24 | €10,419 | €15,770 | +€5,350 | +51.3% |
| Current assets | 29/58 | €232,542 | €242,152 | +€9,611 | +4.1% |
| Amounts receivable within one year | 40/41 | €961 | €4,097 | +€3,136 | +326% |
| Trade receivables | 40 | - | €540 | +€540 | |
| Other amounts receivable | 41 | €961 | €3,557 | +€2,596 | +270% |
| Current investments | 50/53 | €200,000 | €160,000 | -€40,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €30,249 | €75,717 | +€45,468 | +150% |
| Deferred charges and accrued income | 490/1 | €1,331 | €2,338 | +€1,007 | +75.6% |
| Total equity and liabilities | 10/49 | €260,340 | €264,929 | +€4,589 | +1.8% |
| Equity | 10/15 | €230,383 | €237,054 | +€6,672 | +2.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €217,983 | €224,654 | +€6,672 | +3.1% |
| Distributable reserves | 133 | €217,983 | €224,654 | +€6,672 | +3.1% |
| Amounts payable | 17/49 | €29,957 | €27,874 | -€2,083 | -7.0% |
| Amounts payable within one year | 42/48 | €29,957 | €27,874 | -€2,083 | -7.0% |
| Trade debts | 44 | €1,116 | €991 | -€125 | -11.2% |
| Suppliers | 440/4 | €1,116 | €991 | -€125 | -11.2% |
| Taxes, remuneration and social security | 45 | €6,142 | €2,700 | -€3,442 | -56.0% |
| Taxes | 450/3 | €3,442 | €2,700 | -€742 | -21.6% |
| Remuneration and social security | 454/9 | €2,700 | - | -€2,700 | |
| Other amounts payable | 47/48 | €22,700 | €24,183 | +€1,483 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,451 | €13,336 | +€1,885 | +16.5% |
| Other operating charges | 640/8 | €2,347 | €2,366 | +€19 | +0.8% |
| Gross operating margin | 9900 | €58,805 | €44,643 | -€14,162 | -24.1% |
| Operating profit (loss) | 9901 | €45,007 | €28,941 | -€16,066 | -35.7% |
| Financial income | 75/76B | €3,234 | €8,027 | +€4,792 | +148% |
| Recurring financial income | 75 | €3,234 | €8,027 | +€4,792 | +148% |
| Financial charges | 65/66B | €788 | €745 | -€43 | -5.4% |
| Recurring financial charges | 65 | €788 | €745 | -€43 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €47,453 | €36,223 | -€11,230 | -23.7% |
| Income taxes | 67/77 | €12,209 | €8,851 | -€3,358 | -27.5% |
| Profit (loss) for the period | 9904 | €35,244 | €27,372 | -€7,873 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,244 | €27,372 | -€7,873 | -22.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.