LAN INVEST: what changed
What changed
LAN INVEST
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€106,614
2024 · -€98,365-€8,249
Equity
€1.7m
2024 · €1.8m-€106,614
Cash
€258,914
2024 · €415,960-€157,046
Balance sheet total
€2.0m
2024 · €2.2m-€162,639
Largest movements
Assets
- Cash -€157,046
down €157,046 (-37.8%), from €415,960 to €258,914
mainly Net result for the year (-€106,614) and Debts after one year (-€73,874)
Equity and liabilities
- Profit (loss) carried forward -€106,614
down €106,614 (-8.4%), from €1.3m to €1.2m
- Debts after one year -€73,874
down €73,874 (-24.9%), from €297,275 to €223,401
Income statement
- Financial income -€3,768
down €3,768 (-99.4%), from €3,789 to €21
- Other operating charges +€3,412
up €3,412 (+32.5%), from €10,502 to €13,914
- Depreciation +€3,182
up €3,182 (+4.5%), from €70,511 to €73,693
- Financial charges -€1,907
down €1,907 (-39.9%), from €4,781 to €2,874
- Gross operating margin +€205
up €205 (+1.3%), from -€16,360 to -€16,154
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€98,365
Gross operating margin
+€205
Depreciation
-€3,182
Other operating charges
-€3,412
Financial income
-€3,768
Financial charges
+€1,907
Result 2025
-€106,614
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€22,293
Investment
-€61,556
Financing
-€73,197
Cash 2024
€415,960
From operations (derived)
-€22,293
Net result for the year
-€106,614
Depreciation
+€73,693
Stocks and contracts
+€4,221
Receivables within one year
-€10,676
Deferred charges and accrued income
-€88
Trade debts
+€14,198
Tax, wage and social debts
+€2,973
Investment (derived)
-€61,556
Investment in fixed assets (net)
-€69,357
Current investments
+€7,800
Financing
-€73,197
Debts after one year
-€73,874
Current portion of long-term debt
+€678
Cash 2025
€258,914
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,181,505 | €2,018,866 | -€162,639 | -7.5% |
| Fixed assets | 21/28 | €932,565 | €928,229 | -€4,336 | -0.5% |
| Tangible fixed assets | 22/27 | €932,565 | €928,229 | -€4,336 | -0.5% |
| Land and buildings | 22 | €902,631 | €901,060 | -€1,570 | -0.2% |
| Plant, machinery and equipment | 23 | €12,816 | €6,011 | -€6,805 | -53.1% |
| Furniture and vehicles | 24 | €5,509 | €4,411 | -€1,098 | -19.9% |
| Other tangible fixed assets | 26 | €11,609 | €16,747 | +€5,137 | +44.3% |
| Current assets | 29/58 | €1,248,940 | €1,090,637 | -€158,304 | -12.7% |
| Stocks and contracts in progress | 3 | €18,641 | €14,420 | -€4,221 | -22.6% |
| Stocks | 30/36 | €18,641 | €14,420 | -€4,221 | -22.6% |
| Amounts receivable within one year | 40/41 | €654,717 | €665,393 | +€10,676 | +1.6% |
| Trade receivables | 40 | €651,928 | €664,250 | +€12,322 | +1.9% |
| Other amounts receivable | 41 | €2,789 | €1,143 | -€1,646 | -59.0% |
| Current investments | 50/53 | €139,894 | €132,094 | -€7,800 | -5.6% |
| Cash at bank and in hand | 54/58 | €415,960 | €258,914 | -€157,046 | -37.8% |
| Deferred charges and accrued income | 490/1 | €19,728 | €19,816 | +€88 | +0.4% |
| Total equity and liabilities | 10/49 | €2,181,505 | €2,018,866 | -€162,639 | -7.5% |
| Equity | 10/15 | €1,808,312 | €1,701,699 | -€106,614 | -5.9% |
| Contributions | 10/11 | €51,113 | €51,113 | = | 0.0% |
| Reserves | 13 | €481,874 | €481,874 | = | 0.0% |
| Distributable reserves | 133 | €481,874 | €481,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,275,325 | €1,168,712 | -€106,614 | -8.4% |
| Amounts payable | 17/49 | €373,193 | €317,167 | -€56,026 | -15.0% |
| Amounts payable after more than one year | 17 | €297,275 | €223,401 | -€73,874 | -24.9% |
| Financial debts | 170/4 | €297,275 | €223,401 | -€73,874 | -24.9% |
| Amounts payable within one year | 42/48 | €75,917 | €93,766 | +€17,848 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €74,443 | €75,120 | +€678 | +0.9% |
| Trade debts | 44 | €917 | €15,115 | +€14,198 | +1,548% |
| Suppliers | 440/4 | €917 | €15,115 | +€14,198 | +1,548% |
| Taxes, remuneration and social security | 45 | €557 | €3,530 | +€2,973 | +533% |
| Taxes | 450/3 | €557 | €3,530 | +€2,973 | +533% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,511 | €73,693 | +€3,182 | +4.5% |
| Other operating charges | 640/8 | €10,502 | €13,914 | +€3,412 | +32.5% |
| Gross operating margin | 9900 | -€16,360 | -€16,154 | +€205 | +1.3% |
| Operating profit (loss) | 9901 | -€97,373 | -€103,761 | -€6,388 | -6.6% |
| Financial income | 75/76B | €3,789 | €21 | -€3,768 | -99.4% |
| Recurring financial income | 75 | €3,789 | €21 | -€3,768 | -99.4% |
| Financial charges | 65/66B | €4,781 | €2,874 | -€1,907 | -39.9% |
| Recurring financial charges | 65 | €4,781 | €2,874 | -€1,907 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | -€98,365 | -€106,614 | -€8,249 | -8.4% |
| Profit (loss) for the period | 9904 | -€98,365 | -€106,614 | -€8,249 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€98,365 | -€106,614 | -€8,249 | -8.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.