LAVOIR STEFFENS: 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.
LAVOIR STEFFENS
Largest movements
- Tangible fixed assets -€16,364
down €16,364 (-27.8%), from €58,928 to €42,564
of which Plant, machinery and equipment: -€13,950
- Cash +€8,260
up €8,260 (+32.3%), from €25,570 to €33,831
mainly Depreciation (+€16,364) and Net result for the year (+€7,376)
- Receivables within one year +€3,077
up €3,077 (+650%), from €474 to €3,550
- Stocks and contracts -€1,210
down €1,210 (-18.0%), from €6,737 to €5,527
- Reserves +€5,000
up €5,000 (+25.0%), from €20,000 to €25,000
- Tax, wage and social debts -€4,960
down €4,960 (-46.6%), from €10,654 to €5,694
of which Taxes: -€6,668
- Current portion of long-term debt -€4,352
down €4,352 (-74.4%), from €5,849 to €1,497
- Trade debts -€4,137
down €4,137 (-91.8%), from €4,506 to €369
- Profit (loss) carried forward +€2,376
up €2,376 (+5.4%), from €44,076 to €46,452
- Gross operating margin -€36,780
down €36,780 (-56.3%), from €65,365 to €28,585
- Taxes -€7,420
down €7,420 (-74.7%), from €9,935 to €2,515
- Depreciation +€2,532
up €2,532 (+18.3%), from €13,832 to €16,364
- Financial charges +€748
up €748 (+66.2%), from €1,131 to €1,879
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 | €91,708 | €85,471 | -€6,237 | -6.8% |
| Fixed assets | 21/28 | €58,928 | €42,564 | -€16,364 | -27.8% |
| Tangible fixed assets | 22/27 | €58,928 | €42,564 | -€16,364 | -27.8% |
| Plant, machinery and equipment | 23 | €46,687 | €32,737 | -€13,950 | -29.9% |
| Other tangible fixed assets | 26 | €12,241 | €9,826 | -€2,415 | -19.7% |
| Current assets | 29/58 | €32,781 | €42,908 | +€10,127 | +30.9% |
| Stocks and contracts in progress | 3 | €6,737 | €5,527 | -€1,210 | -18.0% |
| Stocks | 30/36 | €6,737 | €5,527 | -€1,210 | -18.0% |
| Amounts receivable within one year | 40/41 | €474 | €3,550 | +€3,077 | +650% |
| Other amounts receivable | 41 | €474 | €3,550 | +€3,077 | +650% |
| Cash at bank and in hand | 54/58 | €25,570 | €33,831 | +€8,260 | +32.3% |
| Total equity and liabilities | 10/49 | €91,708 | €85,471 | -€6,237 | -6.8% |
| Equity | 10/15 | €69,076 | €76,452 | +€7,376 | +10.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €25,000 | +€5,000 | +25.0% |
| Distributable reserves | 133 | €20,000 | €25,000 | +€5,000 | +25.0% |
| Profit (loss) carried forward | 14 | €44,076 | €46,452 | +€2,376 | +5.4% |
| Amounts payable | 17/49 | €22,632 | €9,019 | -€13,613 | -60.1% |
| Amounts payable after more than one year | 17 | €1,497 | €0 | -€1,497 | -100% |
| Financial debts | 170/4 | €1,497 | €0 | -€1,497 | -100% |
| Amounts payable within one year | 42/48 | €21,135 | €9,019 | -€12,116 | -57.3% |
| Current portion of amounts payable after more than one year | 42 | €5,849 | €1,497 | -€4,352 | -74.4% |
| Trade debts | 44 | €4,506 | €369 | -€4,137 | -91.8% |
| Suppliers | 440/4 | €4,506 | €369 | -€4,137 | -91.8% |
| Taxes, remuneration and social security | 45 | €10,654 | €5,694 | -€4,960 | -46.6% |
| Taxes | 450/3 | €10,654 | €3,986 | -€6,668 | -62.6% |
| Remuneration and social security | 454/9 | - | €1,708 | +€1,708 | |
| Other amounts payable | 47/48 | €126 | €1,459 | +€1,333 | +1,057% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,832 | €16,364 | +€2,532 | +18.3% |
| Other operating charges | 640/8 | €406 | €460 | +€54 | +13.2% |
| Gross operating margin | 9900 | €65,365 | €28,585 | -€36,780 | -56.3% |
| Operating profit (loss) | 9901 | €51,127 | €11,761 | -€39,365 | -77.0% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,131 | €1,879 | +€748 | +66.2% |
| Recurring financial charges | 65 | €1,131 | €1,879 | +€748 | +66.2% |
| Profit (loss) for the period before taxes | 9903 | €49,996 | €9,891 | -€40,105 | -80.2% |
| Income taxes | 67/77 | €9,935 | €2,515 | -€7,420 | -74.7% |
| Profit (loss) for the period | 9904 | €40,061 | €7,376 | -€32,685 | -81.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,061 | €7,376 | -€32,685 | -81.6% |
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 27 October 2026 via checked.be.