REFRIGERATION LAVIS: 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.
REFRIGERATION LAVIS
Largest movements
- Cash +€100,334
up €100,334 (+112%), from €89,918 to €190,252
mainly Other debts (+€402,017) and Net result for the year (+€190,317)
- Receivables within one year +€85,774
up €85,774 (+97.2%), from €88,217 to €173,991
of which Trade receivables: +€60,830
- Stocks and contracts +€55,580
up €55,580 (+67.5%), from €82,396 to €137,976
- Tangible fixed assets +€6,998
up €6,998 (+4.9%), from €141,612 to €148,610
of which Other tangible fixed assets: +€13,061
- Intangible fixed assets -€6,875
down €6,875 (-30.8%), from €22,308 to €15,433
- Other debts +€402,017
up €402,017 (+2,084%), from €19,286 to €421,304
- Profit (loss) carried forward -€259,683
down €259,683 (-95.2%), from €272,727 to €13,043
- Tax, wage and social debts +€84,263
up €84,263 (+480%), from €17,548 to €101,810
of which Taxes: +€74,461
- Trade debts +€22,030
up €22,030 (+363%), from €6,076 to €28,106
- Debts after one year -€10,838
down €10,838 (-10.5%), from €103,575 to €92,738
- Gross operating margin +€218,814
up €218,814 (+108%), from €202,031 to €420,845
- Staff costs +€65,442
up €65,442 (+147%), from €44,574 to €110,016
- Taxes +€34,239
up €34,239 (+150%), from €22,750 to €56,989
- Financial charges +€30,931
up €30,931 (+578%), from €5,353 to €36,284
- Other operating charges -€8,745
down €8,745 (-49.1%), from €17,796 to €9,050
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 | €434,717 | €672,862 | +€238,146 | +54.8% |
| Formation expenses | 20 | €77 | €0 | -€77 | -100% |
| Fixed assets | 21/28 | €163,920 | €164,043 | +€123 | +0.1% |
| Intangible fixed assets | 21 | €22,308 | €15,433 | -€6,875 | -30.8% |
| Tangible fixed assets | 22/27 | €141,612 | €148,610 | +€6,998 | +4.9% |
| Land and buildings | 22 | €116,390 | €110,990 | -€5,400 | -4.6% |
| Plant, machinery and equipment | 23 | €13,263 | €13,267 | +€4 | 0.0% |
| Furniture and vehicles | 24 | €6,673 | €6,005 | -€668 | -10.0% |
| Other tangible fixed assets | 26 | €5,286 | €18,347 | +€13,061 | +247% |
| Current assets | 29/58 | €270,719 | €508,820 | +€238,100 | +88.0% |
| Stocks and contracts in progress | 3 | €82,396 | €137,976 | +€55,580 | +67.5% |
| Stocks | 30/36 | €82,396 | €137,976 | +€55,580 | +67.5% |
| Amounts receivable within one year | 40/41 | €88,217 | €173,991 | +€85,774 | +97.2% |
| Trade receivables | 40 | €75,004 | €135,833 | +€60,830 | +81.1% |
| Other amounts receivable | 41 | €13,213 | €38,158 | +€24,945 | +189% |
| Cash at bank and in hand | 54/58 | €89,918 | €190,252 | +€100,334 | +112% |
| Deferred charges and accrued income | 490/1 | €10,189 | €6,601 | -€3,587 | -35.2% |
| Total equity and liabilities | 10/49 | €434,717 | €672,862 | +€238,146 | +54.8% |
| Equity | 10/15 | €277,727 | €18,043 | -€259,683 | -93.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €272,727 | €13,043 | -€259,683 | -95.2% |
| Amounts payable | 17/49 | €156,990 | €654,819 | +€497,829 | +317% |
| Amounts payable after more than one year | 17 | €103,575 | €92,738 | -€10,838 | -10.5% |
| Financial debts | 170/4 | €103,575 | €92,738 | -€10,838 | -10.5% |
| Amounts payable within one year | 42/48 | €53,393 | €562,058 | +€508,665 | +953% |
| Current portion of amounts payable after more than one year | 42 | €10,482 | €10,838 | +€356 | +3.4% |
| Trade debts | 44 | €6,076 | €28,106 | +€22,030 | +363% |
| Suppliers | 440/4 | €6,076 | €28,106 | +€22,030 | +363% |
| Taxes, remuneration and social security | 45 | €17,548 | €101,810 | +€84,263 | +480% |
| Taxes | 450/3 | €13,248 | €87,710 | +€74,461 | +562% |
| Remuneration and social security | 454/9 | €4,300 | €14,101 | +€9,801 | +228% |
| Other amounts payable | 47/48 | €19,286 | €421,304 | +€402,017 | +2,084% |
| Accrued charges and deferred income | 492/3 | €22 | €23 | +€2 | +8.3% |
| Remuneration, social security and pensions | 62 | €44,574 | €110,016 | +€65,442 | +147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,282 | €18,190 | +€1,907 | +11.7% |
| Other operating charges | 640/8 | €17,796 | €9,050 | -€8,745 | -49.1% |
| Gross operating margin | 9900 | €202,031 | €420,845 | +€218,814 | +108% |
| Operating profit (loss) | 9901 | €123,379 | €283,590 | +€160,210 | +130% |
| Financial income | 75/76B | €167 | €1 | -€166 | -99.7% |
| Recurring financial income | 75 | €167 | €1 | -€166 | -99.7% |
| Financial charges | 65/66B | €5,353 | €36,284 | +€30,931 | +578% |
| Recurring financial charges | 65 | €5,353 | €36,284 | +€30,931 | +578% |
| Profit (loss) for the period before taxes | 9903 | €118,193 | €247,306 | +€129,113 | +109% |
| Income taxes | 67/77 | €22,750 | €56,989 | +€34,239 | +150% |
| Profit (loss) for the period | 9904 | €95,443 | €190,317 | +€94,873 | +99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €95,443 | €190,317 | +€94,873 | +99.4% |
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 19 October 2026 via checked.be.