LAVOLUX: 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.
LAVOLUX
Largest movements
- Stocks and contracts -€2,281
down €2,281 (-26.8%), from €8,508 to €6,227
- Financial fixed assets -€2,142
no longer reported in 2025 (was €2,142)
- Cash +€2,020
up €2,020 (+77,082%), from €3 to €2,022
mainly Other debts (+€6,329) and Stocks and contracts (+€2,281)
- Profit (loss) carried forward -€10,408
down €10,408 (-6.0%), from -€173,122 to -€183,530
- Other debts +€6,329
up €6,329 (+3.9%), from €164,309 to €170,638
- Trade debts +€1,702
up €1,702 (+4,233%), from €40 to €1,742
- Gross operating margin -€2,892
down €2,892 (-41.0%), from -€7,047 to -€9,939
- Financial charges -€491
down €491 (-62.0%), from €792 to €301
- Other operating charges +€168
new in 2025: €168
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 | €10,725 | €8,342 | -€2,383 | -22.2% |
| Fixed assets | 21/28 | €2,142 | - | -€2,142 | |
| Financial fixed assets | 28 | €2,142 | - | -€2,142 | |
| Current assets | 29/58 | €8,583 | €8,342 | -€241 | -2.8% |
| Stocks and contracts in progress | 3 | €8,508 | €6,227 | -€2,281 | -26.8% |
| Stocks | 30/36 | €8,508 | €6,227 | -€2,281 | -26.8% |
| Amounts receivable within one year | 40/41 | €73 | €93 | +€20 | +27.8% |
| Trade receivables | 40 | €69 | - | -€69 | |
| Other amounts receivable | 41 | €4 | €93 | +€89 | +2,138% |
| Cash at bank and in hand | 54/58 | €3 | €2,022 | +€2,020 | +77,082% |
| Total equity and liabilities | 10/49 | €10,725 | €8,342 | -€2,383 | -22.2% |
| Equity | 10/15 | -€153,630 | -€164,038 | -€10,408 | -6.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €900 | €900 | = | 0.0% |
| Distributable reserves | 133 | €900 | €900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,122 | -€183,530 | -€10,408 | -6.0% |
| Amounts payable | 17/49 | €164,355 | €172,380 | +€8,025 | +4.9% |
| Amounts payable within one year | 42/48 | €164,355 | €172,380 | +€8,025 | +4.9% |
| Financial debts | 43 | €6 | - | -€6 | |
| Credit institutions | 430/8 | €6 | - | -€6 | |
| Trade debts | 44 | €40 | €1,742 | +€1,702 | +4,233% |
| Suppliers | 440/4 | €40 | €1,742 | +€1,702 | +4,233% |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €164,309 | €170,638 | +€6,329 | +3.9% |
| Other operating charges | 640/8 | - | €168 | +€168 | |
| Gross operating margin | 9900 | -€7,047 | -€9,939 | -€2,892 | -41.0% |
| Operating profit (loss) | 9901 | -€7,047 | -€10,107 | -€3,060 | -43.4% |
| Financial charges | 65/66B | €792 | €301 | -€491 | -62.0% |
| Recurring financial charges | 65 | €792 | €301 | -€491 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,839 | -€10,408 | -€2,568 | -32.8% |
| Profit (loss) for the period | 9904 | -€7,839 | -€10,408 | -€2,568 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,839 | -€10,408 | -€2,568 | -32.8% |
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 15 October 2026 via checked.be.