DR. LANDER VAN ACKER: 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.
DR. LANDER VAN ACKER
Largest movements
- Current investments -€85,000
down €85,000 (-37.8%), from €225,000 to €140,000
- Deferred charges and accrued income +€11,576
up €11,576 (+11.5%), from €100,605 to €112,182
- Receivables within one year -€4,671
down €4,671 (-97.5%), from €4,788 to €118
of which Other amounts receivable: -€4,631
- Reserves -€87,535
down €87,535 (-30.0%), from €292,149 to €204,614
No income-statement line moved by more than 1% of the activity.
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 | €358,566 | €275,272 | -€83,294 | -23.2% |
| Fixed assets | 21/28 | €11,865 | €9,953 | -€1,912 | -16.1% |
| Tangible fixed assets | 22/27 | €11,715 | €9,803 | -€1,912 | -16.3% |
| Land and buildings | 22 | €9,978 | €8,873 | -€1,106 | -11.1% |
| Plant, machinery and equipment | 23 | €1,737 | €930 | -€807 | -46.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €346,701 | €265,319 | -€81,382 | -23.5% |
| Amounts receivable within one year | 40/41 | €4,788 | €118 | -€4,671 | -97.5% |
| Trade receivables | 40 | €40 | - | -€40 | |
| Other amounts receivable | 41 | €4,749 | €118 | -€4,631 | -97.5% |
| Current investments | 50/53 | €225,000 | €140,000 | -€85,000 | -37.8% |
| Cash at bank and in hand | 54/58 | €16,307 | €13,020 | -€3,287 | -20.2% |
| Deferred charges and accrued income | 490/1 | €100,605 | €112,182 | +€11,576 | +11.5% |
| Total equity and liabilities | 10/49 | €358,566 | €275,272 | -€83,294 | -23.2% |
| Equity | 10/15 | €293,149 | €205,614 | -€87,535 | -29.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €292,149 | €204,614 | -€87,535 | -30.0% |
| Distributable reserves | 133 | €292,149 | €204,614 | -€87,535 | -30.0% |
| Amounts payable | 17/49 | €65,417 | €69,658 | +€4,241 | +6.5% |
| Amounts payable within one year | 42/48 | €62,356 | €68,643 | +€6,287 | +10.1% |
| Trade debts | 44 | €600 | €3,044 | +€2,444 | +407% |
| Suppliers | 440/4 | €600 | €3,044 | +€2,444 | +407% |
| Taxes, remuneration and social security | 45 | €61,420 | €63,499 | +€2,079 | +3.4% |
| Taxes | 450/3 | €61,420 | €63,499 | +€2,079 | +3.4% |
| Other amounts payable | 47/48 | €336 | €2,100 | +€1,764 | +525% |
| Accrued charges and deferred income | 492/3 | €3,061 | €1,015 | -€2,046 | -66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,075 | €1,912 | -€163 | -7.8% |
| Other operating charges | 640/8 | €326 | €285 | -€41 | -12.7% |
| Gross operating margin | 9900 | €265,406 | €266,338 | +€932 | +0.4% |
| Operating profit (loss) | 9901 | €263,005 | €264,141 | +€1,136 | +0.4% |
| Financial income | 75/76B | €4,817 | €3,680 | -€1,137 | -23.6% |
| Recurring financial income | 75 | €4,817 | €3,680 | -€1,137 | -23.6% |
| Financial charges | 65/66B | €574 | €55 | -€519 | -90.4% |
| Recurring financial charges | 65 | €574 | €55 | -€519 | -90.4% |
| Profit (loss) for the period before taxes | 9903 | €267,248 | €267,766 | +€518 | +0.2% |
| Income taxes | 67/77 | €62,980 | €63,152 | +€171 | +0.3% |
| Profit (loss) for the period | 9904 | €204,268 | €204,614 | +€346 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €204,268 | €204,614 | +€346 | +0.2% |
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.