LAVRIJS: 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.
LAVRIJS
Largest movements
- Stocks and contracts +€82,759
up €82,759 (+5.2%), from €1.6m to €1.7m
- Cash -€53,412
down €53,412 (-50.5%), from €105,840 to €52,427
mainly Stocks and contracts (-€82,759) and Trade debts (-€18,416)
- Tangible fixed assets -€33,981
no longer reported in 2025 (was €33,981)
- Debts after one year +€24,700
up €24,700 (+1.4%), from €1.8m to €1.9m
- Trade debts -€18,416
no longer reported in 2025 (was €18,416)
- Depreciation -€5,670
no longer reported in 2025 (was €5,670)
- Gross operating margin -€3,043
down €3,043 (-70.7%), from -€4,301 to -€7,343
- Other operating charges +€400
new in 2025: €400
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 | €1,742,415 | €1,740,831 | -€1,583 | -0.1% |
| Fixed assets | 21/28 | €33,981 | - | -€33,981 | |
| Tangible fixed assets | 22/27 | €33,981 | - | -€33,981 | |
| Land and buildings | 22 | €33,981 | - | -€33,981 | |
| Current assets | 29/58 | €1,708,433 | €1,740,831 | +€32,398 | +1.9% |
| Stocks and contracts in progress | 3 | €1,578,955 | €1,661,713 | +€82,759 | +5.2% |
| Stocks | 30/36 | €1,578,955 | €1,661,713 | +€82,759 | +5.2% |
| Amounts receivable within one year | 40/41 | €23,639 | €26,524 | +€2,885 | +12.2% |
| Other amounts receivable | 41 | €23,639 | €26,524 | +€2,885 | +12.2% |
| Cash at bank and in hand | 54/58 | €105,840 | €52,427 | -€53,412 | -50.5% |
| Deferred charges and accrued income | 490/1 | - | €166 | +€166 | |
| Total equity and liabilities | 10/49 | €1,742,415 | €1,740,831 | -€1,583 | -0.1% |
| Equity | 10/15 | -€101,827 | -€109,669 | -€7,842 | -7.7% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,912 | -€143,754 | -€7,842 | -5.8% |
| Amounts payable | 17/49 | €1,844,241 | €1,850,500 | +€6,259 | +0.3% |
| Amounts payable after more than one year | 17 | €1,825,760 | €1,850,460 | +€24,700 | +1.4% |
| Other amounts payable | 178/9 | €1,825,760 | €1,850,460 | +€24,700 | +1.4% |
| Amounts payable within one year | 42/48 | €18,482 | €40 | -€18,441 | -99.8% |
| Trade debts | 44 | €18,416 | - | -€18,416 | |
| Suppliers | 440/4 | €18,416 | - | -€18,416 | |
| Other amounts payable | 47/48 | €66 | €40 | -€26 | -38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,670 | - | -€5,670 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€4,301 | -€7,343 | -€3,043 | -70.7% |
| Operating profit (loss) | 9901 | -€9,971 | -€7,743 | +€2,228 | +22.3% |
| Financial charges | 65/66B | €93 | €99 | +€6 | +6.6% |
| Recurring financial charges | 65 | €93 | €99 | +€6 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,064 | -€7,842 | +€2,222 | +22.1% |
| Profit (loss) for the period | 9904 | -€10,064 | -€7,842 | +€2,222 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,064 | -€7,842 | +€2,222 | +22.1% |
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.