Het Langwater: 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.
Het Langwater
Largest movements
- Cash -€36,118
down €36,118 (-99.1%), from €36,458 to €339
mainly Net result for the year (-€61,633) and Receivables within one year (-€15,129)
- Tangible fixed assets -€34,222
down €34,222 (-6.0%), from €571,305 to €537,083
of which Land and buildings: -€27,844
- Receivables within one year +€15,129
up €15,129 (+43.8%), from €34,518 to €49,646
of which Trade receivables: +€12,069
- Profit (loss) carried forward -€61,633
down €61,633 (-68.6%), from -€89,850 to -€151,482
- Short-term financial debts +€11,203
new in 2025: €11,203
- Gross operating margin -€88,255
down €88,255, from €68,042 to -€20,212
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 | €779,997 | €719,286 | -€60,712 | -7.8% |
| Fixed assets | 21/28 | €571,305 | €537,083 | -€34,222 | -6.0% |
| Tangible fixed assets | 22/27 | €571,305 | €537,083 | -€34,222 | -6.0% |
| Land and buildings | 22 | €551,826 | €523,982 | -€27,844 | -5.0% |
| Plant, machinery and equipment | 23 | €9,202 | €5,874 | -€3,328 | -36.2% |
| Other tangible fixed assets | 26 | €10,276 | €7,226 | -€3,050 | -29.7% |
| Current assets | 29/58 | €208,693 | €182,203 | -€26,490 | -12.7% |
| Stocks and contracts in progress | 3 | €131,500 | €126,000 | -€5,500 | -4.2% |
| Stocks | 30/36 | €131,500 | €126,000 | -€5,500 | -4.2% |
| Amounts receivable within one year | 40/41 | €34,518 | €49,646 | +€15,129 | +43.8% |
| Trade receivables | 40 | €32,595 | €44,665 | +€12,069 | +37.0% |
| Other amounts receivable | 41 | €1,923 | €4,982 | +€3,059 | +159% |
| Cash at bank and in hand | 54/58 | €36,458 | €339 | -€36,118 | -99.1% |
| Deferred charges and accrued income | 490/1 | €6,217 | €6,217 | = | 0.0% |
| Total equity and liabilities | 10/49 | €779,997 | €719,286 | -€60,712 | -7.8% |
| Equity | 10/15 | €355,289 | €293,657 | -€61,633 | -17.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €406,479 | €406,479 | = | 0.0% |
| Reserves | 13 | €20,068 | €20,068 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €18,209 | €18,209 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,850 | -€151,482 | -€61,633 | -68.6% |
| Amounts payable | 17/49 | €424,708 | €425,629 | +€921 | +0.2% |
| Amounts payable within one year | 42/48 | €424,708 | €425,629 | +€921 | +0.2% |
| Financial debts | 43 | - | €11,203 | +€11,203 | |
| Credit institutions | 430/8 | - | €11,203 | +€11,203 | |
| Trade debts | 44 | €9,678 | €6,292 | -€3,387 | -35.0% |
| Suppliers | 440/4 | €9,678 | €6,292 | -€3,387 | -35.0% |
| Other amounts payable | 47/48 | €415,030 | €408,134 | -€6,896 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,340 | €34,222 | -€118 | -0.3% |
| Other operating charges | 640/8 | €6,920 | €6,537 | -€383 | -5.5% |
| Non-recurring operating charges | 66A | - | €118 | +€118 | |
| Gross operating margin | 9900 | €68,042 | -€20,212 | -€88,255 | |
| Operating profit (loss) | 9901 | €26,782 | -€61,089 | -€87,871 | |
| Financial income | 75/76B | €20 | €0 | -€20 | -100% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100% |
| Financial charges | 65/66B | €633 | €544 | -€89 | -14.1% |
| Recurring financial charges | 65 | €633 | €544 | -€89 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €26,169 | -€61,633 | -€87,802 | |
| Profit (loss) for the period | 9904 | €26,169 | -€61,633 | -€87,802 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,169 | -€61,633 | -€87,802 |
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 17 October 2026 via checked.be.