GEBR.LARDENOIT: 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.
GEBR.LARDENOIT
Largest movements
- Cash +€241,717
up €241,717 (+138%), from €175,128 to €416,845
mainly Net result for the year (+€119,893) and Receivables within one year (+€113,707)
- Receivables within one year -€113,707
down €113,707 (-62.2%), from €182,752 to €69,045
of which Trade receivables: -€103,172
- Tangible fixed assets -€56,910
down €56,910 (-44.8%), from €127,056 to €70,147
of which Furniture and vehicles: -€47,112
- Other debts +€76,900
up €76,900 (+316%), from €24,335 to €101,235
- Reserves +€22,167
up €22,167 (+5.2%), from €428,672 to €450,839
of which Distributable reserves: +€22,167
- Debts after one year -€10,185
down €10,185 (-100%), from €10,185 to €0
- Current portion of long-term debt -€10,060
down €10,060 (-49.7%), from €20,245 to €10,185
- Gross operating margin -€13,807
down €13,807 (-5.6%), from €245,766 to €231,959
- Taxes -€3,865
down €3,865 (-7.0%), from €54,861 to €50,996
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 | €541,578 | €612,850 | +€71,272 | +13.2% |
| Fixed assets | 21/28 | €159,719 | €102,809 | -€56,910 | -35.6% |
| Tangible fixed assets | 22/27 | €127,056 | €70,147 | -€56,910 | -44.8% |
| Land and buildings | 22 | €17,176 | €11,377 | -€5,798 | -33.8% |
| Plant, machinery and equipment | 23 | €2,720 | €3,101 | +€381 | +14.0% |
| Furniture and vehicles | 24 | €95,984 | €48,872 | -€47,112 | -49.1% |
| Other tangible fixed assets | 26 | €11,176 | €6,797 | -€4,380 | -39.2% |
| Financial fixed assets | 28 | €32,663 | €32,663 | = | 0.0% |
| Current assets | 29/58 | €381,859 | €510,040 | +€128,181 | +33.6% |
| Stocks and contracts in progress | 3 | €20,704 | €20,704 | = | 0.0% |
| Stocks | 30/36 | €18,204 | €18,204 | = | 0.0% |
| Contracts in progress | 37 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €182,752 | €69,045 | -€113,707 | -62.2% |
| Trade receivables | 40 | €172,217 | €69,045 | -€103,172 | -59.9% |
| Other amounts receivable | 41 | €10,535 | €0 | -€10,535 | -100% |
| Cash at bank and in hand | 54/58 | €175,128 | €416,845 | +€241,717 | +138% |
| Deferred charges and accrued income | 490/1 | €3,275 | €3,447 | +€172 | +5.2% |
| Total equity and liabilities | 10/49 | €541,578 | €612,850 | +€71,272 | +13.2% |
| Equity | 10/15 | €455,942 | €478,109 | +€22,167 | +4.9% |
| Contributions | 10/11 | €27,270 | €27,270 | = | 0.0% |
| Reserves | 13 | €428,672 | €450,839 | +€22,167 | +5.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €42,734 | €42,734 | = | 0.0% |
| Distributable reserves | 133 | €385,938 | €408,105 | +€22,167 | +5.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €85,636 | €134,741 | +€49,105 | +57.3% |
| Amounts payable after more than one year | 17 | €10,185 | €0 | -€10,185 | -100% |
| Financial debts | 170/4 | €10,185 | €0 | -€10,185 | -100% |
| Amounts payable within one year | 42/48 | €75,091 | €134,381 | +€59,290 | +79.0% |
| Current portion of amounts payable after more than one year | 42 | €20,245 | €10,185 | -€10,060 | -49.7% |
| Trade debts | 44 | €6,441 | €4,541 | -€1,900 | -29.5% |
| Suppliers | 440/4 | €6,441 | €4,541 | -€1,900 | -29.5% |
| Taxes, remuneration and social security | 45 | €24,070 | €18,420 | -€5,650 | -23.5% |
| Taxes | 450/3 | €24,070 | €18,420 | -€5,650 | -23.5% |
| Other amounts payable | 47/48 | €24,335 | €101,235 | +€76,900 | +316% |
| Accrued charges and deferred income | 492/3 | €360 | €360 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,927 | €59,355 | +€428 | +0.7% |
| Other operating charges | 640/8 | €3,336 | €2,730 | -€606 | -18.2% |
| Gross operating margin | 9900 | €245,766 | €231,959 | -€13,807 | -5.6% |
| Operating profit (loss) | 9901 | €183,504 | €169,874 | -€13,630 | -7.4% |
| Financial income | 75/76B | €627 | €1,594 | +€966 | +154% |
| Recurring financial income | 75 | €627 | €1,594 | +€966 | +154% |
| Financial charges | 65/66B | €591 | €578 | -€13 | -2.1% |
| Recurring financial charges | 65 | €591 | €578 | -€13 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €183,540 | €170,889 | -€12,651 | -6.9% |
| Income taxes | 67/77 | €54,861 | €50,996 | -€3,865 | -7.0% |
| Profit (loss) for the period | 9904 | €128,679 | €119,893 | -€8,786 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €128,679 | €119,893 | -€8,786 | -6.8% |
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 16 October 2026 via checked.be.