GROUP LANNOYE: 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.
GROUP LANNOYE
Largest movements
- Receivables within one year -€840,231
down €840,231 (-89.0%), from €943,722 to €103,491
of which Trade receivables: -€549,141
- Tangible fixed assets +€590,552
up €590,552 (+36.0%), from €1.6m to €2.2m
of which Land and buildings: +€599,188
- Other debts -€420,963
down €420,963 (-71.1%), from €592,103 to €171,141
- Debts after one year +€284,231
up €284,231 (+29.2%), from €972,207 to €1.3m
- Trade debts -€205,124
down €205,124 (-57.5%), from €356,541 to €151,417
- Reserves +€105,822
up €105,822 (+25.4%), from €417,057 to €522,879
of which Distributable reserves: +€105,822
- Current portion of long-term debt -€27,552
down €27,552 (-24.1%), from €114,173 to €86,621
- Gross operating margin +€183,134
up €183,134 (+82.8%), from €221,203 to €404,337
- Depreciation +€64,164
up €64,164 (+98.5%), from €65,113 to €129,277
- Financial charges +€43,558
up €43,558 (+73.3%), from €59,458 to €103,015
- Other operating charges +€29,931
up €29,931 (+613%), from €4,880 to €34,812
- Financial income -€14,077
down €14,077 (-100.0%), from €14,077 to €1
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 | €2,593,482 | €2,344,804 | -€248,678 | -9.6% |
| Fixed assets | 21/28 | €1,647,254 | €2,237,806 | +€590,552 | +35.9% |
| Tangible fixed assets | 22/27 | €1,641,116 | €2,231,668 | +€590,552 | +36.0% |
| Land and buildings | 22 | €1,621,490 | €2,220,678 | +€599,188 | +37.0% |
| Plant, machinery and equipment | 23 | €19,153 | €10,656 | -€8,497 | -44.4% |
| Furniture and vehicles | 24 | €473 | €334 | -€139 | -29.4% |
| Financial fixed assets | 28 | €6,138 | €6,138 | = | 0.0% |
| Current assets | 29/58 | €946,228 | €106,998 | -€839,230 | -88.7% |
| Amounts receivable within one year | 40/41 | €943,722 | €103,491 | -€840,231 | -89.0% |
| Trade receivables | 40 | €652,499 | €103,358 | -€549,141 | -84.2% |
| Other amounts receivable | 41 | €291,223 | €133 | -€291,090 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,506 | €3,507 | +€1,001 | +40.0% |
| Total equity and liabilities | 10/49 | €2,593,482 | €2,344,804 | -€248,678 | -9.6% |
| Equity | 10/15 | €435,649 | €541,471 | +€105,822 | +24.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €417,057 | €522,879 | +€105,822 | +25.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €417,057 | €522,879 | +€105,822 | +25.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €46,000 | €46,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €46,000 | €46,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €46,000 | €46,000 | = | 0.0% |
| Amounts payable | 17/49 | €2,111,833 | €1,757,333 | -€354,499 | -16.8% |
| Amounts payable after more than one year | 17 | €972,207 | €1,256,438 | +€284,231 | +29.2% |
| Financial debts | 170/4 | €972,207 | €1,256,438 | +€284,231 | +29.2% |
| Amounts payable within one year | 42/48 | €1,139,626 | €498,396 | -€641,230 | -56.3% |
| Current portion of amounts payable after more than one year | 42 | €114,173 | €86,621 | -€27,552 | -24.1% |
| Financial debts | 43 | €31,024 | €46,625 | +€15,602 | +50.3% |
| Credit institutions | 430/8 | €31,024 | €46,625 | +€15,602 | +50.3% |
| Trade debts | 44 | €356,541 | €151,417 | -€205,124 | -57.5% |
| Suppliers | 440/4 | €356,541 | €151,417 | -€205,124 | -57.5% |
| Taxes, remuneration and social security | 45 | €45,784 | €42,591 | -€3,193 | -7.0% |
| Taxes | 450/3 | €45,784 | €42,591 | -€3,193 | -7.0% |
| Other amounts payable | 47/48 | €592,103 | €171,141 | -€420,963 | -71.1% |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,113 | €129,277 | +€64,164 | +98.5% |
| Other operating charges | 640/8 | €4,880 | €34,812 | +€29,931 | +613% |
| Gross operating margin | 9900 | €221,203 | €404,337 | +€183,134 | +82.8% |
| Operating profit (loss) | 9901 | €151,210 | €240,249 | +€89,039 | +58.9% |
| Financial income | 75/76B | €14,077 | €1 | -€14,077 | -100.0% |
| Recurring financial income | 75 | €14,077 | €1 | -€14,077 | -100.0% |
| Financial charges | 65/66B | €59,458 | €103,015 | +€43,558 | +73.3% |
| Recurring financial charges | 65 | €59,458 | €103,015 | +€43,558 | +73.3% |
| Profit (loss) for the period before taxes | 9903 | €105,830 | €137,234 | +€31,404 | +29.7% |
| Income taxes | 67/77 | €28,571 | €31,412 | +€2,842 | +9.9% |
| Profit (loss) for the period | 9904 | €77,259 | €105,822 | +€28,563 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,259 | €105,822 | +€28,563 | +37.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.