Lavik: 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.
Lavik
Largest movements
- Receivables within one year -€105,207
down €105,207 (-81.8%), from €128,631 to €23,423
of which Trade receivables: -€106,923
- Cash +€83,886
up €83,886 (+887.1%), from €9,456 to €93,342
mainly Net result for the year (+€113,271) and Receivables within one year (+€105,207)
- Tangible fixed assets -€76,233
down €76,233 (-4.6%), from €1.7m to €1.6m
of which Land and buildings: -€56,894
- Debts after one year -€159,150
down €159,150 (-11.2%), from €1.4m to €1.3m
of which Financial debts: -€159,150
- Profit (loss) carried forward +€99,605
up €99,605 (+135.9%), from €73,267 to €172,871
- Trade debts -€21,530
down €21,530 (-97.7%), from €22,040 to €510
- Tax, wage and social debts -€18,853
down €18,853 (-38.7%), from €48,759 to €29,906
- Gross operating margin +€46,480
up €46,480 (+20.9%), from €222,652 to €269,133
- Taxes +€9,107
up €9,107 (+45.7%), from €19,932 to €29,039
- Financial charges -€8,545
down €8,545 (-17.6%), from €48,564 to €40,019
- Depreciation +€7,134
up €7,134 (+9.6%), from €74,688 to €81,822
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 | €1,805,152 | €1,707,598 | -€97,554 | -5.4% |
| Fixed assets | 21/28 | €1,667,065 | €1,590,832 | -€76,233 | -4.6% |
| Tangible fixed assets | 22/27 | €1,667,065 | €1,590,832 | -€76,233 | -4.6% |
| Land and buildings | 22 | €1,593,739 | €1,536,844 | -€56,894 | -3.6% |
| Plant, machinery and equipment | 23 | €8,264 | €7,033 | -€1,231 | -14.9% |
| Furniture and vehicles | 24 | €65,063 | €46,955 | -€18,107 | -27.8% |
| Current assets | 29/58 | €138,087 | €116,766 | -€21,321 | -15.4% |
| Amounts receivable within one year | 40/41 | €128,631 | €23,423 | -€105,207 | -81.8% |
| Trade receivables | 40 | €125,181 | €18,258 | -€106,923 | -85.4% |
| Other amounts receivable | 41 | €3,450 | €5,166 | +€1,716 | +49.7% |
| Cash at bank and in hand | 54/58 | €9,456 | €93,342 | +€83,886 | +887.1% |
| Total equity and liabilities | 10/49 | €1,805,152 | €1,707,598 | -€97,554 | -5.4% |
| Equity | 10/15 | €221,792 | €321,397 | +€99,605 | +44.9% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €28,525 | €28,525 | = | 0.0% |
| Distributable reserves | 133 | €28,525 | €28,525 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,267 | €172,871 | +€99,605 | +135.9% |
| Amounts payable | 17/49 | €1,583,360 | €1,386,201 | -€197,159 | -12.5% |
| Amounts payable after more than one year | 17 | €1,416,508 | €1,257,358 | -€159,150 | -11.2% |
| Financial debts | 170/4 | €1,282,508 | €1,123,358 | -€159,150 | -12.4% |
| Other amounts payable | 178/9 | €134,000 | €134,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €160,782 | €128,844 | -€31,938 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €76,868 | €79,150 | +€2,283 | +3.0% |
| Trade debts | 44 | €22,040 | €510 | -€21,530 | -97.7% |
| Suppliers | 440/4 | €22,040 | €510 | -€21,530 | -97.7% |
| Taxes, remuneration and social security | 45 | €48,759 | €29,906 | -€18,853 | -38.7% |
| Taxes | 450/3 | €48,759 | €29,906 | -€18,853 | -38.7% |
| Other amounts payable | 47/48 | €13,114 | €19,277 | +€6,163 | +47.0% |
| Accrued charges and deferred income | 492/3 | €6,070 | - | -€6,070 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,688 | €81,822 | +€7,134 | +9.6% |
| Other operating charges | 640/8 | €4,535 | €4,982 | +€446 | +9.8% |
| Gross operating margin | 9900 | €222,652 | €269,133 | +€46,480 | +20.9% |
| Operating profit (loss) | 9901 | €143,429 | €182,329 | +€38,900 | +27.1% |
| Financial charges | 65/66B | €48,564 | €40,019 | -€8,545 | -17.6% |
| Recurring financial charges | 65 | €48,564 | €40,019 | -€8,545 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €94,865 | €142,310 | +€47,445 | +50.0% |
| Income taxes | 67/77 | €19,932 | €29,039 | +€9,107 | +45.7% |
| Profit (loss) for the period | 9904 | €74,933 | €113,271 | +€38,338 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,933 | €113,271 | +€38,338 | +51.2% |
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 10 October 2026 via checked.be.