JAN LANDERLOOS: 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.
JAN LANDERLOOS
Largest movements
- Tangible fixed assets -€38,645
down €38,645 (-25.6%), from €151,185 to €112,540
of which Furniture and vehicles: -€27,046
- Cash +€31,257
up €31,257 (+38.9%), from €80,356 to €111,613
mainly Depreciation (+€56,145) and Receivables within one year (+€20,211)
- Receivables within one year -€20,211
down €20,211 (-26.8%), from €75,363 to €55,152
of which Trade receivables: -€28,606
- Debts after one year -€21,122
down €21,122 (-29.2%), from €72,457 to €51,335
of which Financial debts: -€21,053
- Current portion of long-term debt -€9,285
down €9,285 (-30.6%), from €30,338 to €21,053
- Reserves +€6,364
up €6,364 (+5.1%), from €123,933 to €130,297
- Tax, wage and social debts -€3,694
down €3,694 (-20.4%), from €18,148 to €14,454
of which Taxes: -€3,821
- Gross operating margin -€33,847
down €33,847 (-17.6%), from €192,479 to €158,632
- Staff costs -€26,617
down €26,617 (-23.5%), from €113,167 to €86,551
- Depreciation -€12,679
down €12,679 (-18.4%), from €68,824 to €56,145
- Taxes +€2,202
up €2,202 (+176%), from €1,254 to €3,456
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 | €306,904 | €279,304 | -€27,599 | -9.0% |
| Fixed assets | 21/28 | €151,185 | €112,540 | -€38,645 | -25.6% |
| Tangible fixed assets | 22/27 | €151,185 | €112,540 | -€38,645 | -25.6% |
| Plant, machinery and equipment | 23 | €35,700 | €35,431 | -€269 | -0.8% |
| Furniture and vehicles | 24 | €71,811 | €44,765 | -€27,046 | -37.7% |
| Leasing and similar rights | 25 | €38,925 | €28,545 | -€10,380 | -26.7% |
| Other tangible fixed assets | 26 | €4,749 | €3,799 | -€950 | -20.0% |
| Current assets | 29/58 | €155,719 | €166,765 | +€11,046 | +7.1% |
| Amounts receivable within one year | 40/41 | €75,363 | €55,152 | -€20,211 | -26.8% |
| Trade receivables | 40 | €66,287 | €37,681 | -€28,606 | -43.2% |
| Other amounts receivable | 41 | €9,076 | €17,471 | +€8,395 | +92.5% |
| Cash at bank and in hand | 54/58 | €80,356 | €111,613 | +€31,257 | +38.9% |
| Total equity and liabilities | 10/49 | €306,904 | €279,304 | -€27,599 | -9.0% |
| Equity | 10/15 | €130,257 | €136,621 | +€6,364 | +4.9% |
| Contributions | 10/11 | €6,324 | €6,324 | = | 0.0% |
| Reserves | 13 | €123,933 | €130,297 | +€6,364 | +5.1% |
| Distributable reserves | 133 | €123,933 | €130,297 | +€6,364 | +5.1% |
| Amounts payable | 17/49 | €176,647 | €142,683 | -€33,963 | -19.2% |
| Amounts payable after more than one year | 17 | €72,457 | €51,335 | -€21,122 | -29.2% |
| Financial debts | 170/4 | €41,470 | €20,417 | -€21,053 | -50.8% |
| Other amounts payable | 178/9 | €30,987 | €30,918 | -€69 | -0.2% |
| Amounts payable within one year | 42/48 | €104,190 | €90,149 | -€14,042 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €30,338 | €21,053 | -€9,285 | -30.6% |
| Financial debts | 43 | €2,500 | €2,500 | = | 0.0% |
| Credit institutions | 430/8 | €2,500 | €2,500 | = | 0.0% |
| Trade debts | 44 | €53,205 | €52,034 | -€1,171 | -2.2% |
| Suppliers | 440/4 | €53,205 | €52,034 | -€1,171 | -2.2% |
| Taxes, remuneration and social security | 45 | €18,148 | €14,454 | -€3,694 | -20.4% |
| Taxes | 450/3 | €9,524 | €5,703 | -€3,821 | -40.1% |
| Remuneration and social security | 454/9 | €8,624 | €8,750 | +€127 | +1.5% |
| Other amounts payable | 47/48 | - | €108 | +€108 | |
| Accrued charges and deferred income | 492/3 | - | €1,200 | +€1,200 | |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €113,167 | €86,551 | -€26,617 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,824 | €56,145 | -€12,679 | -18.4% |
| Other operating charges | 640/8 | €2,695 | €2,844 | +€149 | +5.5% |
| Gross operating margin | 9900 | €192,479 | €158,632 | -€33,847 | -17.6% |
| Operating profit (loss) | 9901 | €7,792 | €13,091 | +€5,299 | +68.0% |
| Financial income | 75/76B | €2,013 | €1,056 | -€957 | -47.6% |
| Recurring financial income | 75 | €2,013 | €1,056 | -€957 | -47.6% |
| Financial charges | 65/66B | €5,844 | €4,327 | -€1,517 | -26.0% |
| Recurring financial charges | 65 | €5,844 | €4,327 | -€1,517 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €3,961 | €9,820 | +€5,859 | +148% |
| Income taxes | 67/77 | €1,254 | €3,456 | +€2,202 | +176% |
| Profit (loss) for the period | 9904 | €2,707 | €6,364 | +€3,657 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €2,707 | €6,364 | +€3,657 | +135% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.