LAARNHOF: 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.
LAARNHOF
Largest movements
- Tangible fixed assets -€48,952
down €48,952 (-4.7%), from €1.0m to €998,866
of which Land and buildings: -€43,258
- Receivables within one year +€10,650
up €10,650 (+1,836%), from €580 to €11,230
- Debts after one year -€77,008
down €77,008 (-22.3%), from €345,276 to €268,268
- Profit (loss) carried forward +€37,844
up €37,844 (+102%), from €37,154 to €74,998
- Financial charges -€2,050
down €2,050 (-14.9%), from €13,738 to €11,688
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 | €1,048,594 | €1,010,810 | -€37,784 | -3.6% |
| Fixed assets | 21/28 | €1,047,818 | €998,866 | -€48,952 | -4.7% |
| Tangible fixed assets | 22/27 | €1,047,818 | €998,866 | -€48,952 | -4.7% |
| Land and buildings | 22 | €1,020,852 | €977,594 | -€43,258 | -4.2% |
| Plant, machinery and equipment | 23 | €17,380 | €14,405 | -€2,975 | -17.1% |
| Furniture and vehicles | 24 | €9,586 | €6,867 | -€2,718 | -28.4% |
| Current assets | 29/58 | €776 | €11,944 | +€11,168 | +1,439% |
| Amounts receivable within one year | 40/41 | €580 | €11,230 | +€10,650 | +1,836% |
| Trade receivables | 40 | €580 | €11,230 | +€10,650 | +1,836% |
| Cash at bank and in hand | 54/58 | €196 | €714 | +€518 | +264% |
| Total equity and liabilities | 10/49 | €1,048,594 | €1,010,810 | -€37,784 | -3.6% |
| Equity | 10/15 | €130,544 | €168,388 | +€37,844 | +29.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,790 | €74,790 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €72,930 | €72,930 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,154 | €74,998 | +€37,844 | +102% |
| Amounts payable | 17/49 | €918,050 | €842,421 | -€75,628 | -8.2% |
| Amounts payable after more than one year | 17 | €345,276 | €268,268 | -€77,008 | -22.3% |
| Financial debts | 170/4 | €345,276 | €268,268 | -€77,008 | -22.3% |
| Amounts payable within one year | 42/48 | €572,773 | €574,153 | +€1,380 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €69,922 | €73,747 | +€3,825 | +5.5% |
| Trade debts | 44 | €3,809 | €3,766 | -€43 | -1.1% |
| Suppliers | 440/4 | €3,809 | €3,766 | -€43 | -1.1% |
| Taxes, remuneration and social security | 45 | €19,252 | €19,907 | +€655 | +3.4% |
| Taxes | 450/3 | €19,252 | €19,907 | +€655 | +3.4% |
| Other amounts payable | 47/48 | €479,790 | €476,733 | -€3,057 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,952 | €48,952 | = | 0.0% |
| Other operating charges | 640/8 | €2,400 | €2,178 | -€221 | -9.2% |
| Gross operating margin | 9900 | €114,716 | €114,439 | -€277 | -0.2% |
| Operating profit (loss) | 9901 | €63,364 | €63,308 | -€56 | -0.1% |
| Financial charges | 65/66B | €13,738 | €11,688 | -€2,050 | -14.9% |
| Recurring financial charges | 65 | €13,738 | €11,688 | -€2,050 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €49,626 | €51,620 | +€1,994 | +4.0% |
| Income taxes | 67/77 | €13,244 | €13,776 | +€532 | +4.0% |
| Profit (loss) for the period | 9904 | €36,382 | €37,844 | +€1,462 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,382 | €37,844 | +€1,462 | +4.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.