LAVIGNE CONSTRUCT: what changed
LAVIGNE CONSTRUCT
Largest movements
- Receivables within one year +€79,392
up €79,392 (+34.5%), from €230,162 to €309,554
of which Trade receivables: +€64,314
- Tangible fixed assets +€19,172
up €19,172 (+61.3%), from €31,267 to €50,439
of which Plant, machinery and equipment: +€15,398
- Cash -€14,979
down €14,979 (-91.3%), from €16,402 to €1,423
mainly Receivables within one year (-€79,392) and Investment in fixed assets (net) (-€32,985)
- Stocks and contracts +€10,103
up €10,103 (+4.2%), from €239,350 to €249,454
of which Stocks: +€56,430
- Trade debts +€105,143
up €105,143 (+57.8%), from €181,936 to €287,079
- Debts after one year -€14,952
down €14,952 (-31.0%), from €48,263 to €33,311
- Tax, wage and social debts -€11,321
down €11,321 (-19.8%), from €57,169 to €45,848
of which Taxes: -€19,973
- Reserves +€10,310
up €10,310 (+11.0%), from €93,546 to €103,855
of which Distributable reserves: +€12,165
- Staff costs +€18,077
up €18,077 (+23.5%), from €77,014 to €95,092
- Gross operating margin +€10,527
up €10,527 (+8.1%), from €130,313 to €140,840
- Taxes -€6,488
down €6,488 (-61.4%), from €10,563 to €4,075
- Depreciation +€3,647
up €3,647 (+35.9%), from €10,167 to €13,813
- Financial charges -€3,265
down €3,265 (-18.0%), from €18,115 to €14,850
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,205 | €623,557 | +€98,352 | +18.7% |
| Fixed assets | 21/28 | €31,267 | €50,439 | +€19,172 | +61.3% |
| Tangible fixed assets | 22/27 | €31,267 | €50,439 | +€19,172 | +61.3% |
| Land and buildings | 22 | €2,959 | €2,219 | -€740 | -25.0% |
| Plant, machinery and equipment | 23 | €25,583 | €40,980 | +€15,398 | +60.2% |
| Furniture and vehicles | 24 | €2,726 | €7,240 | +€4,514 | +166% |
| Current assets | 29/58 | €493,938 | €573,118 | +€79,180 | +16.0% |
| Stocks and contracts in progress | 3 | €239,350 | €249,454 | +€10,103 | +4.2% |
| Stocks | 30/36 | €109,350 | €165,780 | +€56,430 | +51.6% |
| Contracts in progress | 37 | €130,000 | €83,673 | -€46,327 | -35.6% |
| Amounts receivable within one year | 40/41 | €230,162 | €309,554 | +€79,392 | +34.5% |
| Trade receivables | 40 | €218,945 | €283,259 | +€64,314 | +29.4% |
| Other amounts receivable | 41 | €11,217 | €26,295 | +€15,078 | +134% |
| Cash at bank and in hand | 54/58 | €16,402 | €1,423 | -€14,979 | -91.3% |
| Deferred charges and accrued income | 490/1 | €8,024 | €12,687 | +€4,664 | +58.1% |
| Total equity and liabilities | 10/49 | €525,205 | €623,557 | +€98,352 | +18.7% |
| Equity | 10/15 | €101,546 | €113,710 | +€12,165 | +12.0% |
| Contributions | 10/11 | €8,000 | €9,855 | +€1,855 | +23.2% |
| Reserves | 13 | €93,546 | €103,855 | +€10,310 | +11.0% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100% |
| Distributable reserves | 133 | €91,691 | €103,855 | +€12,165 | +13.3% |
| Amounts payable | 17/49 | €423,660 | €509,847 | +€86,187 | +20.3% |
| Amounts payable after more than one year | 17 | €48,263 | €33,311 | -€14,952 | -31.0% |
| Financial debts | 170/4 | €48,263 | €33,311 | -€14,952 | -31.0% |
| Amounts payable within one year | 42/48 | €375,397 | €476,535 | +€101,139 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €13,551 | €15,539 | +€1,989 | +14.7% |
| Financial debts | 43 | €25,494 | €25,000 | -€494 | -1.9% |
| Credit institutions | 430/8 | €25,494 | €25,000 | -€494 | -1.9% |
| Trade debts | 44 | €181,936 | €287,079 | +€105,143 | +57.8% |
| Suppliers | 440/4 | €181,936 | €287,079 | +€105,143 | +57.8% |
| Taxes, remuneration and social security | 45 | €57,169 | €45,848 | -€11,321 | -19.8% |
| Taxes | 450/3 | €46,992 | €27,019 | -€19,973 | -42.5% |
| Remuneration and social security | 454/9 | €10,176 | €18,829 | +€8,653 | +85.0% |
| Other amounts payable | 47/48 | €97,247 | €103,069 | +€5,822 | +6.0% |
| Remuneration, social security and pensions | 62 | €77,014 | €95,092 | +€18,077 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,167 | €13,813 | +€3,647 | +35.9% |
| Other operating charges | 640/8 | €1,609 | €999 | -€610 | -37.9% |
| Gross operating margin | 9900 | €130,313 | €140,840 | +€10,527 | +8.1% |
| Operating profit (loss) | 9901 | €41,523 | €30,937 | -€10,587 | -25.5% |
| Financial income | 75/76B | €100 | €153 | +€53 | +53.6% |
| Recurring financial income | 75 | €100 | €153 | +€53 | +53.6% |
| Financial charges | 65/66B | €18,115 | €14,850 | -€3,265 | -18.0% |
| Recurring financial charges | 65 | €18,115 | €14,850 | -€3,265 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €23,508 | €16,239 | -€7,268 | -30.9% |
| Income taxes | 67/77 | €10,563 | €4,075 | -€6,488 | -61.4% |
| Profit (loss) for the period | 9904 | €12,945 | €12,165 | -€780 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,945 | €12,165 | -€780 | -6.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.