LAVERNAS: 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.
LAVERNAS
Largest movements
- Receivables within one year +€9,767
up €9,767 (+113.4%), from €8,612 to €18,379
of which Other amounts receivable: +€6,099
- Cash -€5,631
down €5,631 (-11.9%), from €47,302 to €41,671
mainly Tax, wage and social debts (-€13,466) and Receivables within one year (-€9,767)
- Tangible fixed assets -€4,068
down €4,068 (-14.6%), from €27,821 to €23,753
- Tax, wage and social debts -€13,466
down €13,466 (-52.4%), from €25,722 to €12,256
of which Taxes: -€14,202
- Reserves +€13,364
up €13,364 (+24.6%), from €54,384 to €67,748
- Staff costs +€4,624
new in 2025: €4,624
- Gross operating margin -€2,755
down €2,755 (-7.9%), from €34,731 to €31,975
- Taxes -€2,057
down €2,057 (-24.3%), from €8,458 to €6,401
- Depreciation +€915
up €915 (+19.0%), from €4,823 to €5,738
- Other operating charges -€779
down €779 (-28.7%), from €2,715 to €1,936
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 | €83,735 | €83,803 | +€68 | +0.1% |
| Fixed assets | 21/28 | €27,821 | €23,753 | -€4,068 | -14.6% |
| Tangible fixed assets | 22/27 | €27,821 | €23,753 | -€4,068 | -14.6% |
| Land and buildings | 22 | €15,123 | €13,276 | -€1,846 | -12.2% |
| Plant, machinery and equipment | 23 | €1,895 | €1,058 | -€837 | -44.2% |
| Furniture and vehicles | 24 | €10,803 | €9,419 | -€1,384 | -12.8% |
| Current assets | 29/58 | €55,914 | €60,050 | +€4,136 | +7.4% |
| Amounts receivable within one year | 40/41 | €8,612 | €18,379 | +€9,767 | +113.4% |
| Trade receivables | 40 | €8,612 | €12,280 | +€3,668 | +42.6% |
| Other amounts receivable | 41 | - | €6,099 | +€6,099 | |
| Cash at bank and in hand | 54/58 | €47,302 | €41,671 | -€5,631 | -11.9% |
| Total equity and liabilities | 10/49 | €83,735 | €83,803 | +€68 | +0.1% |
| Equity | 10/15 | €56,384 | €69,748 | +€13,364 | +23.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €54,384 | €67,748 | +€13,364 | +24.6% |
| Distributable reserves | 133 | €54,384 | €67,748 | +€13,364 | +24.6% |
| Amounts payable | 17/49 | €27,351 | €14,055 | -€13,295 | -48.6% |
| Amounts payable within one year | 42/48 | €27,351 | €14,055 | -€13,295 | -48.6% |
| Trade debts | 44 | €1,629 | €1,799 | +€170 | +10.5% |
| Suppliers | 440/4 | €1,629 | €1,799 | +€170 | +10.5% |
| Taxes, remuneration and social security | 45 | €25,722 | €12,256 | -€13,466 | -52.4% |
| Taxes | 450/3 | €25,722 | €11,520 | -€14,202 | -55.2% |
| Remuneration and social security | 454/9 | - | €736 | +€736 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €4,624 | +€4,624 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,823 | €5,738 | +€915 | +19.0% |
| Other operating charges | 640/8 | €2,715 | €1,936 | -€779 | -28.7% |
| Gross operating margin | 9900 | €34,731 | €31,975 | -€2,755 | -7.9% |
| Operating profit (loss) | 9901 | €27,193 | €19,677 | -€7,516 | -27.6% |
| Financial income | 75/76B | - | €133 | +€133 | |
| Recurring financial income | 75 | - | €133 | +€133 | |
| Financial charges | 65/66B | €478 | €45 | -€433 | -90.6% |
| Recurring financial charges | 65 | €478 | €45 | -€433 | -90.6% |
| Profit (loss) for the period before taxes | 9903 | €26,715 | €19,764 | -€6,951 | -26.0% |
| Income taxes | 67/77 | €8,458 | €6,401 | -€2,057 | -24.3% |
| Profit (loss) for the period | 9904 | €18,257 | €13,364 | -€4,893 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,257 | €13,364 | -€4,893 | -26.8% |
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 9 October 2026 via checked.be.