LAVOTEX: 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.
LAVOTEX
Largest movements
- Cash +€319,346
up €319,346 (+118%), from €271,628 to €590,974
mainly Receivables within one year (+€253,665) and Net result for the year (+€95,928)
- Receivables within one year -€253,665
down €253,665 (-100.0%), from €253,670 to €5
of which Other amounts receivable: -€251,245
- Reserves +€95,928
up €95,928 (+6.7%), from €1.4m to €1.5m
- Tax, wage and social debts -€37,794
down €37,794 (-67.8%), from €55,707 to €17,913
- Gross operating margin +€9,001
up €9,001 (+6.7%), from €134,465 to €143,466
- Taxes +€2,924
up €2,924 (+8.1%), from €36,098 to €39,023
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 | €1,529,069 | €1,588,082 | +€59,014 | +3.9% |
| Fixed assets | 21/28 | €1,003,770 | €997,104 | -€6,667 | -0.7% |
| Tangible fixed assets | 22/27 | €13,770 | €7,104 | -€6,667 | -48.4% |
| Furniture and vehicles | 24 | €13,770 | €7,104 | -€6,667 | -48.4% |
| Financial fixed assets | 28 | €990,000 | €990,000 | = | 0.0% |
| Current assets | 29/58 | €525,298 | €590,979 | +€65,680 | +12.5% |
| Amounts receivable within one year | 40/41 | €253,670 | €5 | -€253,665 | -100.0% |
| Trade receivables | 40 | €2,420 | €0 | -€2,420 | -100% |
| Other amounts receivable | 41 | €251,250 | €5 | -€251,245 | -100.0% |
| Cash at bank and in hand | 54/58 | €271,628 | €590,974 | +€319,346 | +118% |
| Total equity and liabilities | 10/49 | €1,529,069 | €1,588,082 | +€59,014 | +3.9% |
| Equity | 10/15 | €1,448,943 | €1,544,871 | +€95,928 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,430,343 | €1,526,271 | +€95,928 | +6.7% |
| Distributable reserves | 133 | €1,430,343 | €1,526,271 | +€95,928 | +6.7% |
| Amounts payable | 17/49 | €80,126 | €43,212 | -€36,914 | -46.1% |
| Amounts payable within one year | 42/48 | €80,126 | €43,212 | -€36,914 | -46.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €321 | €6,114 | +€5,794 | +1,807% |
| Suppliers | 440/4 | €321 | €6,114 | +€5,794 | +1,807% |
| Taxes, remuneration and social security | 45 | €55,707 | €17,913 | -€37,794 | -67.8% |
| Taxes | 450/3 | €55,707 | €17,913 | -€37,794 | -67.8% |
| Other amounts payable | 47/48 | €24,098 | €19,185 | -€4,914 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,230 | €6,667 | +€437 | +7.0% |
| Other operating charges | 640/8 | €1,429 | €1,373 | -€56 | -3.9% |
| Gross operating margin | 9900 | €134,465 | €143,466 | +€9,001 | +6.7% |
| Operating profit (loss) | 9901 | €126,806 | €135,426 | +€8,620 | +6.8% |
| Financial income | 75/76B | €1,250 | €0 | -€1,250 | -100% |
| Recurring financial income | 75 | €1,250 | €0 | -€1,250 | -100% |
| Financial charges | 65/66B | €376 | €476 | +€99 | +26.3% |
| Recurring financial charges | 65 | €376 | €476 | +€99 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | €127,679 | €134,951 | +€7,271 | +5.7% |
| Income taxes | 67/77 | €36,098 | €39,023 | +€2,924 | +8.1% |
| Profit (loss) for the period | 9904 | €91,581 | €95,928 | +€4,347 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,581 | €95,928 | +€4,347 | +4.7% |
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 20 October 2026 via checked.be.