LAVIGNA: 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.
LAVIGNA
Largest movements
- Intangible fixed assets -€22,692
down €22,692 (-14.9%), from €152,592 to €129,900
- Cash +€7,839
up €7,839 (+596%), from €1,315 to €9,153
mainly Other debts (+€52,735) and Depreciation (+€44,022)
- Profit (loss) carried forward -€68,336
down €68,336 (-54.9%), from -€124,445 to -€192,781
- Other debts +€52,735
up €52,735 (+19.0%), from €277,966 to €330,701
- Gross operating margin +€25,040
up €25,040 (+50.8%), from -€49,250 to -€24,210
- Depreciation +€2,667
up €2,667 (+6.5%), from €41,355 to €44,022
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 | €160,258 | €144,145 | -€16,113 | -10.1% |
| Fixed assets | 21/28 | €152,592 | €129,900 | -€22,692 | -14.9% |
| Intangible fixed assets | 21 | €152,592 | €129,900 | -€22,692 | -14.9% |
| Current assets | 29/58 | €7,665 | €14,245 | +€6,579 | +85.8% |
| Amounts receivable within one year | 40/41 | €6,351 | €5,091 | -€1,259 | -19.8% |
| Trade receivables | 40 | €1,616 | €3,865 | +€2,249 | +139% |
| Other amounts receivable | 41 | €4,735 | €1,226 | -€3,508 | -74.1% |
| Cash at bank and in hand | 54/58 | €1,315 | €9,153 | +€7,839 | +596% |
| Total equity and liabilities | 10/49 | €160,258 | €144,145 | -€16,113 | -10.1% |
| Equity | 10/15 | -€119,445 | -€187,781 | -€68,336 | -57.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,445 | -€192,781 | -€68,336 | -54.9% |
| Amounts payable | 17/49 | €279,702 | €331,926 | +€52,224 | +18.7% |
| Amounts payable within one year | 42/48 | €279,702 | €331,926 | +€52,224 | +18.7% |
| Financial debts | 43 | - | €4 | +€4 | |
| Credit institutions | 430/8 | - | €4 | +€4 | |
| Trade debts | 44 | €1,736 | €1,220 | -€515 | -29.7% |
| Suppliers | 440/4 | €1,736 | €1,220 | -€515 | -29.7% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €277,966 | €330,701 | +€52,735 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,355 | €44,022 | +€2,667 | +6.5% |
| Gross operating margin | 9900 | -€49,250 | -€24,210 | +€25,040 | +50.8% |
| Operating profit (loss) | 9901 | -€90,605 | -€68,232 | +€22,373 | +24.7% |
| Financial income | 75/76B | €8 | €22 | +€14 | +178% |
| Recurring financial income | 75 | €8 | €22 | +€14 | +178% |
| Financial charges | 65/66B | €372 | €127 | -€246 | -66.0% |
| Recurring financial charges | 65 | €372 | €127 | -€246 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | -€90,969 | -€68,336 | +€22,633 | +24.9% |
| Profit (loss) for the period | 9904 | -€90,969 | -€68,336 | +€22,633 | +24.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,969 | -€68,336 | +€22,633 | +24.9% |
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 14 October 2026 via checked.be.