LAVERNA: what changed
LAVERNA
Largest movements
- Cash +€45,468
up €45,468 (+150%), from €30,249 to €75,717
mainly Current investments (+€40,000) and Net result for the year (+€27,372)
- Current investments -€40,000
down €40,000 (-20.0%), from €200,000 to €160,000
- Tangible fixed assets -€5,022
down €5,022 (-18.1%), from €27,799 to €22,776
of which Land and buildings: -€8,669
- Receivables within one year +€3,136
up €3,136 (+326%), from €961 to €4,097
of which Other amounts receivable: +€2,596
- Reserves +€6,672
up €6,672 (+3.1%), from €217,983 to €224,654
- Tax, wage and social debts -€3,442
down €3,442 (-56.0%), from €6,142 to €2,700
of which Remuneration and social security: -€2,700
- Gross operating margin -€14,162
down €14,162 (-24.1%), from €58,805 to €44,643
- Financial income +€4,792
up €4,792 (+148%), from €3,234 to €8,027
- Taxes -€3,358
down €3,358 (-27.5%), from €12,209 to €8,851
- Depreciation +€1,885
up €1,885 (+16.5%), from €11,451 to €13,336
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €260,340 | €264,929 | +€4,589 | +1.8% |
| Fixed assets | 21/28 | €27,799 | €22,776 | -€5,022 | -18.1% |
| Tangible fixed assets | 22/27 | €27,799 | €22,776 | -€5,022 | -18.1% |
| Land and buildings | 22 | €8,669 | - | -€8,669 | |
| Plant, machinery and equipment | 23 | €8,710 | €7,007 | -€1,703 | -19.6% |
| Furniture and vehicles | 24 | €10,419 | €15,770 | +€5,350 | +51.3% |
| Current assets | 29/58 | €232,542 | €242,152 | +€9,611 | +4.1% |
| Amounts receivable within one year | 40/41 | €961 | €4,097 | +€3,136 | +326% |
| Trade receivables | 40 | - | €540 | +€540 | |
| Other amounts receivable | 41 | €961 | €3,557 | +€2,596 | +270% |
| Current investments | 50/53 | €200,000 | €160,000 | -€40,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €30,249 | €75,717 | +€45,468 | +150% |
| Deferred charges and accrued income | 490/1 | €1,331 | €2,338 | +€1,007 | +75.6% |
| Total equity and liabilities | 10/49 | €260,340 | €264,929 | +€4,589 | +1.8% |
| Equity | 10/15 | €230,383 | €237,054 | +€6,672 | +2.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €217,983 | €224,654 | +€6,672 | +3.1% |
| Distributable reserves | 133 | €217,983 | €224,654 | +€6,672 | +3.1% |
| Amounts payable | 17/49 | €29,957 | €27,874 | -€2,083 | -7.0% |
| Amounts payable within one year | 42/48 | €29,957 | €27,874 | -€2,083 | -7.0% |
| Trade debts | 44 | €1,116 | €991 | -€125 | -11.2% |
| Suppliers | 440/4 | €1,116 | €991 | -€125 | -11.2% |
| Taxes, remuneration and social security | 45 | €6,142 | €2,700 | -€3,442 | -56.0% |
| Taxes | 450/3 | €3,442 | €2,700 | -€742 | -21.6% |
| Remuneration and social security | 454/9 | €2,700 | - | -€2,700 | |
| Other amounts payable | 47/48 | €22,700 | €24,183 | +€1,483 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,451 | €13,336 | +€1,885 | +16.5% |
| Other operating charges | 640/8 | €2,347 | €2,366 | +€19 | +0.8% |
| Gross operating margin | 9900 | €58,805 | €44,643 | -€14,162 | -24.1% |
| Operating profit (loss) | 9901 | €45,007 | €28,941 | -€16,066 | -35.7% |
| Financial income | 75/76B | €3,234 | €8,027 | +€4,792 | +148% |
| Recurring financial income | 75 | €3,234 | €8,027 | +€4,792 | +148% |
| Financial charges | 65/66B | €788 | €745 | -€43 | -5.4% |
| Recurring financial charges | 65 | €788 | €745 | -€43 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €47,453 | €36,223 | -€11,230 | -23.7% |
| Income taxes | 67/77 | €12,209 | €8,851 | -€3,358 | -27.5% |
| Profit (loss) for the period | 9904 | €35,244 | €27,372 | -€7,873 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,244 | €27,372 | -€7,873 | -22.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.