LAVERTA: 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.
LAVERTA
Largest movements
- Receivables within one year +€61,229
up €61,229 (+14.2%), from €432,560 to €493,789
of which Trade receivables: +€109,654
- Tangible fixed assets +€24,886
up €24,886 (+34.3%), from €72,531 to €97,417
of which Plant, machinery and equipment: +€23,434
- Trade debts +€78,335
up €78,335 (+34.0%), from €230,130 to €308,465
- Profit (loss) carried forward +€10,772
up €10,772 (+10.0%), from €107,511 to €118,283
- Staff costs +€58,624
up €58,624 (+9.7%), from €603,550 to €662,174
- Gross operating margin +€32,944
up €32,944 (+4.8%), from €681,031 to €713,976
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 | €575,347 | €660,287 | +€84,940 | +14.8% |
| Fixed assets | 21/28 | €72,531 | €97,417 | +€24,886 | +34.3% |
| Tangible fixed assets | 22/27 | €72,531 | €97,417 | +€24,886 | +34.3% |
| Plant, machinery and equipment | 23 | €58,580 | €82,014 | +€23,434 | +40.0% |
| Furniture and vehicles | 24 | €6,176 | €3,331 | -€2,845 | -46.1% |
| Other tangible fixed assets | 26 | €7,774 | €12,072 | +€4,298 | +55.3% |
| Current assets | 29/58 | €502,817 | €562,870 | +€60,054 | +11.9% |
| Stocks and contracts in progress | 3 | €51,912 | €49,204 | -€2,708 | -5.2% |
| Stocks | 30/36 | €51,912 | €49,204 | -€2,708 | -5.2% |
| Amounts receivable within one year | 40/41 | €432,560 | €493,789 | +€61,229 | +14.2% |
| Trade receivables | 40 | €119,371 | €229,025 | +€109,654 | +91.9% |
| Other amounts receivable | 41 | €313,189 | €264,764 | -€48,425 | -15.5% |
| Cash at bank and in hand | 54/58 | €18,344 | €19,877 | +€1,532 | +8.4% |
| Total equity and liabilities | 10/49 | €575,347 | €660,287 | +€84,940 | +14.8% |
| Equity | 10/15 | €175,711 | €186,483 | +€10,772 | +6.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,511 | €118,283 | +€10,772 | +10.0% |
| Amounts payable | 17/49 | €399,636 | €473,805 | +€74,168 | +18.6% |
| Amounts payable within one year | 42/48 | €399,636 | €473,805 | +€74,168 | +18.6% |
| Trade debts | 44 | €230,130 | €308,465 | +€78,335 | +34.0% |
| Suppliers | 440/4 | €230,130 | €308,465 | +€78,335 | +34.0% |
| Taxes, remuneration and social security | 45 | €169,507 | €165,340 | -€4,167 | -2.5% |
| Taxes | 450/3 | €64,030 | €61,163 | -€2,867 | -4.5% |
| Remuneration and social security | 454/9 | €105,477 | €104,177 | -€1,300 | -1.2% |
| Remuneration, social security and pensions | 62 | €603,550 | €662,174 | +€58,624 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,535 | €30,599 | -€2,936 | -8.8% |
| Other operating charges | 640/8 | €7,360 | €8,585 | +€1,226 | +16.7% |
| Gross operating margin | 9900 | €681,031 | €713,976 | +€32,944 | +4.8% |
| Operating profit (loss) | 9901 | €36,586 | €12,618 | -€23,969 | -65.5% |
| Financial income | 75/76B | €11,048 | €7,657 | -€3,391 | -30.7% |
| Recurring financial income | 75 | €11,048 | €7,657 | -€3,391 | -30.7% |
| Financial charges | 65/66B | €163 | €246 | +€82 | +50.3% |
| Recurring financial charges | 65 | €163 | €237 | +€73 | +44.8% |
| Non-recurring financial charges | 66B | - | €9 | +€9 | |
| Profit (loss) for the period before taxes | 9903 | €47,471 | €20,029 | -€27,442 | -57.8% |
| Income taxes | 67/77 | €14,577 | €9,257 | -€5,320 | -36.5% |
| Profit (loss) for the period | 9904 | €32,893 | €10,772 | -€22,121 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,893 | €10,772 | -€22,121 | -67.3% |
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 4 October 2026 via checked.be.