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
- Current investments +€30,828
up €30,828 (+22.6%), from €136,319 to €167,147
- Receivables within one year -€8,765
down €8,765 (-96.6%), from €9,076 to €312
- Other debts +€54,938
up €54,938 (+15.0%), from €366,544 to €421,482
- Tax, wage and social debts -€24,164
down €24,164 (-54.1%), from €44,658 to €20,494
- Accrued charges and deferred income +€16,121
up €16,121 (+395.2%), from €4,079 to €20,200
- Current portion of long-term debt -€15,773
no longer reported in 2025 (was €15,773)
- Gross operating margin -€38,942
down €38,942 (-62.2%), from €62,654 to €23,712
- Taxes -€20,593
down €20,593 (-73.7%), from €27,958 to €7,365
- Financial income -€18,431
down €18,431 (-95.7%), from €19,259 to €828
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 | €823,505 | €846,182 | +€22,677 | +2.8% |
| Fixed assets | 21/28 | €675,000 | €675,000 | = | 0.0% |
| Financial fixed assets | 28 | €675,000 | €675,000 | = | 0.0% |
| Current assets | 29/58 | €148,505 | €171,182 | +€22,677 | +15.3% |
| Amounts receivable within one year | 40/41 | €9,076 | €312 | -€8,765 | -96.6% |
| Other amounts receivable | 41 | €9,076 | €312 | -€8,765 | -96.6% |
| Current investments | 50/53 | €136,319 | €167,147 | +€30,828 | +22.6% |
| Cash at bank and in hand | 54/58 | €3,109 | €3,723 | +€614 | +19.7% |
| Total equity and liabilities | 10/49 | €823,505 | €846,182 | +€22,677 | +2.8% |
| Equity | 10/15 | €392,218 | €384,006 | -€8,212 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €373,618 | €365,406 | -€8,212 | -2.2% |
| Distributable reserves | 133 | €373,618 | €365,406 | -€8,212 | -2.2% |
| Amounts payable | 17/49 | €431,287 | €462,176 | +€30,889 | +7.2% |
| Amounts payable within one year | 42/48 | €427,208 | €441,976 | +€14,768 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €15,773 | - | -€15,773 | |
| Trade debts | 44 | €232 | - | -€232 | |
| Suppliers | 440/4 | €232 | - | -€232 | |
| Taxes, remuneration and social security | 45 | €44,658 | €20,494 | -€24,164 | -54.1% |
| Taxes | 450/3 | €44,658 | €20,494 | -€24,164 | -54.1% |
| Other amounts payable | 47/48 | €366,544 | €421,482 | +€54,938 | +15.0% |
| Accrued charges and deferred income | 492/3 | €4,079 | €20,200 | +€16,121 | +395.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €62,654 | €23,712 | -€38,942 | -62.2% |
| Operating profit (loss) | 9901 | €62,267 | €23,312 | -€38,954 | -62.6% |
| Financial income | 75/76B | €19,259 | €828 | -€18,431 | -95.7% |
| Recurring financial income | 75 | €19,259 | €828 | -€18,431 | -95.7% |
| Financial charges | 65/66B | €882 | €440 | -€442 | -50.1% |
| Recurring financial charges | 65 | €882 | €440 | -€442 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | €80,644 | €23,701 | -€56,943 | -70.6% |
| Income taxes | 67/77 | €27,958 | €7,365 | -€20,593 | -73.7% |
| Profit (loss) for the period | 9904 | €52,686 | €16,336 | -€36,350 | -69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,686 | €16,336 | -€36,350 | -69.0% |
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 11 October 2026 via checked.be.