LaNa: 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.
LaNa
Largest movements
- Cash +€83,943
up €83,943 (+291.3%), from €28,821 to €112,764
mainly Other debts (+€131,089) and Net result for the year (+€122,864)
- Current investments -€12,496
down €12,496 (-100.0%), from €12,496 to €0
- Receivables within one year -€11,054
down €11,054 (-13.5%), from €82,050 to €70,996
of which Trade receivables: -€73,890
- Deferred charges and accrued income +€8,920
up €8,920 (+676.1%), from €1,319 to €10,239
- Tangible fixed assets -€3,478
down €3,478 (-13.1%), from €26,609 to €23,131
of which Other tangible fixed assets: -€2,419
- Other debts +€131,089
up €131,089, from €0 to €131,089
- Reserves -€102,136
down €102,136 (-91.7%), from €111,435 to €9,299
- Short-term financial debts +€23,000
new in 2025: €23,000
- Tax, wage and social debts +€11,120
up €11,120 (+30.5%), from €36,497 to €47,617
of which Taxes: +€7,392
- Trade debts +€2,184
up €2,184 (+160.2%), from €1,363 to €3,547
- Gross operating margin +€93,658
up €93,658 (+126.0%), from €74,320 to €167,979
- Taxes +€20,637
up €20,637 (+122.0%), from €16,923 to €37,560
- Financial charges +€2,677
up €2,677 (+298.2%), from €898 to €3,574
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.
Cash bridge derived
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 | €151,295 | €217,130 | +€65,835 | +43.5% |
| Fixed assets | 21/28 | €26,609 | €23,131 | -€3,478 | -13.1% |
| Tangible fixed assets | 22/27 | €26,609 | €23,131 | -€3,478 | -13.1% |
| Plant, machinery and equipment | 23 | - | €1,003 | +€1,003 | |
| Furniture and vehicles | 24 | €6,828 | €4,766 | -€2,062 | -30.2% |
| Other tangible fixed assets | 26 | €19,781 | €17,362 | -€2,419 | -12.2% |
| Current assets | 29/58 | €124,686 | €194,000 | +€69,313 | +55.6% |
| Amounts receivable within one year | 40/41 | €82,050 | €70,996 | -€11,054 | -13.5% |
| Trade receivables | 40 | €73,890 | €0 | -€73,890 | -100.0% |
| Other amounts receivable | 41 | €8,160 | €70,996 | +€62,836 | +770.1% |
| Current investments | 50/53 | €12,496 | €0 | -€12,496 | -100.0% |
| Cash at bank and in hand | 54/58 | €28,821 | €112,764 | +€83,943 | +291.3% |
| Deferred charges and accrued income | 490/1 | €1,319 | €10,239 | +€8,920 | +676.1% |
| Total equity and liabilities | 10/49 | €151,295 | €217,130 | +€65,835 | +43.5% |
| Equity | 10/15 | €113,435 | €11,299 | -€102,136 | -90.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €111,435 | €9,299 | -€102,136 | -91.7% |
| Distributable reserves | 133 | €111,435 | €9,299 | -€102,136 | -91.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €37,860 | €205,831 | +€167,971 | +443.7% |
| Amounts payable within one year | 42/48 | €37,860 | €205,252 | +€167,392 | +442.1% |
| Financial debts | 43 | - | €23,000 | +€23,000 | |
| Credit institutions | 430/8 | - | €23,000 | +€23,000 | |
| Trade debts | 44 | €1,363 | €3,547 | +€2,184 | +160.2% |
| Suppliers | 440/4 | €1,363 | €3,547 | +€2,184 | +160.2% |
| Taxes, remuneration and social security | 45 | €36,497 | €47,617 | +€11,120 | +30.5% |
| Taxes | 450/3 | €36,497 | €43,889 | +€7,392 | +20.3% |
| Remuneration and social security | 454/9 | - | €3,728 | +€3,728 | |
| Other amounts payable | 47/48 | €0 | €131,089 | +€131,089 | |
| Accrued charges and deferred income | 492/3 | - | €579 | +€579 | |
| Non-recurring operating income | 76A | - | €4,697 | +€4,697 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,792 | €4,701 | +€909 | +24.0% |
| Other operating charges | 640/8 | €556 | €698 | +€142 | +25.5% |
| Gross operating margin | 9900 | €74,320 | €167,979 | +€93,658 | +126.0% |
| Operating profit (loss) | 9901 | €69,973 | €162,580 | +€92,607 | +132.3% |
| Financial income | 75/76B | €810 | €1,418 | +€609 | +75.1% |
| Recurring financial income | 75 | €810 | €1,418 | +€609 | +75.1% |
| Financial charges | 65/66B | €898 | €3,574 | +€2,677 | +298.2% |
| Recurring financial charges | 65 | €898 | €3,574 | +€2,677 | +298.2% |
| Profit (loss) for the period before taxes | 9903 | €69,885 | €160,424 | +€90,539 | +129.6% |
| Income taxes | 67/77 | €16,923 | €37,560 | +€20,637 | +122.0% |
| Profit (loss) for the period | 9904 | €52,963 | €122,864 | +€69,901 | +132.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,963 | €122,864 | +€69,901 | +132.0% |
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 10 October 2026 via checked.be.