NEW LAVANCO: what changed
Two fiscal 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.
NEW LAVANCO
Largest movements
- Current investments +€1.0m
up €1.0m (+12.6%), from €8.1m to €9.1m
- Cash +€111,214
up €111,214 (+49.1%), from €226,725 to €337,939
mainly Net result for the year (+€2.4m) and Other debts (+€1.3m)
- Other debts +€1.3m
up €1.3m (+28.5%), from €4.4m to €5.7m
- Trade debts -€144,973
down €144,973 (-98.6%), from €147,106 to €2,133
- Financial income +€2.2m
up €2.2m (+1537.0%), from €144,549 to €2.4m
of which Financial income: +€2.2m
- Taxes +€21,242
up €21,242 (+59.0%), from €36,024 to €57,265
- Financial charges -€16,768
down €16,768 (-7.6%), from €221,546 to €204,779
- Gross operating margin +€9,244
up €9,244 (+2.5%), from €370,886 to €380,129
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 | €9,829,502 | €10,873,108 | +€1.0m | +10.6% |
| Fixed assets | 21/28 | €1,406,257 | €1,336,603 | -€69,654 | -5.0% |
| Tangible fixed assets | 22/27 | €1,406,257 | €1,336,603 | -€69,654 | -5.0% |
| Land and buildings | 22 | €1,382,636 | €1,314,322 | -€68,315 | -4.9% |
| Plant, machinery and equipment | 23 | €22,781 | €22,203 | -€579 | -2.5% |
| Furniture and vehicles | 24 | €839 | €78 | -€761 | -90.7% |
| Current assets | 29/58 | €8,423,245 | €9,536,505 | +€1.1m | +13.2% |
| Amounts receivable within one year | 40/41 | €104,332 | €89,170 | -€15,162 | -14.5% |
| Trade receivables | 40 | €94,611 | €74,323 | -€20,288 | -21.4% |
| Other amounts receivable | 41 | €9,721 | €14,847 | +€5,126 | +52.7% |
| Current investments | 50/53 | €8,091,122 | €9,108,297 | +€1.0m | +12.6% |
| Cash at bank and in hand | 54/58 | €226,725 | €337,939 | +€111,214 | +49.1% |
| Deferred charges and accrued income | 490/1 | €1,066 | €1,100 | +€34 | +3.2% |
| Total equity and liabilities | 10/49 | €9,829,502 | €10,873,108 | +€1.0m | +10.6% |
| Equity | 10/15 | €4,757,941 | €4,757,941 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,739,341 | €4,739,341 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €4,739,341 | €4,739,341 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,071,560 | €6,115,166 | +€1.0m | +20.6% |
| Amounts payable after more than one year | 17 | €270,339 | €192,147 | -€78,192 | -28.9% |
| Financial debts | 170/4 | €270,339 | €192,147 | -€78,192 | -28.9% |
| Amounts payable within one year | 42/48 | €4,638,122 | €5,758,010 | +€1.1m | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €77,591 | €78,192 | +€600 | +0.8% |
| Trade debts | 44 | €147,106 | €2,133 | -€144,973 | -98.6% |
| Suppliers | 440/4 | €147,106 | €2,133 | -€144,973 | -98.6% |
| Taxes, remuneration and social security | 45 | €0 | €5,114 | +€5,114 | |
| Taxes | 450/3 | €0 | €5,114 | +€5,114 | |
| Other amounts payable | 47/48 | €4,413,425 | €5,672,571 | +€1.3m | +28.5% |
| Accrued charges and deferred income | 492/3 | €163,100 | €165,009 | +€1,909 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,002 | €69,654 | -€348 | -0.5% |
| Other operating charges | 640/8 | €3,663 | €3,771 | +€108 | +3.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €370,886 | €380,129 | +€9,244 | +2.5% |
| Operating profit (loss) | 9901 | €297,221 | €306,704 | +€9,483 | +3.2% |
| Financial income | 75/76B | €144,549 | €2,366,199 | +€2.2m | +1537.0% |
| Recurring financial income | 75 | €144,549 | €2,366,199 | +€2.2m | +1537.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €221,546 | €204,779 | -€16,768 | -7.6% |
| Recurring financial charges | 65 | €221,546 | €204,779 | -€16,768 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €220,224 | €2,468,124 | +€2.2m | +1020.7% |
| Income taxes | 67/77 | €36,024 | €57,265 | +€21,242 | +59.0% |
| Profit (loss) for the period | 9904 | €184,200 | €2,410,859 | +€2.2m | +1208.8% |
| Profit (loss) for the period to be appropriated | 9905 | €184,200 | €2,410,859 | +€2.2m | +1208.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.