LANA PROJECTS: 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 PROJECTS
Largest movements
- Current investments +€288,686
up €288,686 (+49.4%), from €584,687 to €873,373
- Cash -€105,682
down €105,682 (-37.4%), from €282,708 to €177,026
mainly Current investments (-€288,686) and Investment in fixed assets (net) (-€28,508)
- Tangible fixed assets -€15,207
down €15,207 (-4.3%), from €350,641 to €335,434
of which Furniture and vehicles: -€18,336
- Reserves +€122,319
up €122,319 (+12.0%), from €1.0m to €1.1m
of which Distributable reserves: +€123,467
- Other debts +€35,801
up €35,801 (+14.9%), from €240,843 to €276,644
- Financial charges +€25,502
up €25,502 (+2457.7%), from €1,038 to €26,540
- Gross operating margin +€17,475
up €17,475 (+8.1%), from €214,753 to €232,229
- Financial income +€5,356
up €5,356 (+14.7%), from €36,536 to €41,891
- Depreciation +€2,437
up €2,437 (+5.9%), from €41,616 to €44,052
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 | €1,265,188 | €1,436,222 | +€171,033 | +13.5% |
| Fixed assets | 21/28 | €351,034 | €335,489 | -€15,545 | -4.4% |
| Intangible fixed assets | 21 | €393 | €55 | -€338 | -85.9% |
| Tangible fixed assets | 22/27 | €350,641 | €335,434 | -€15,207 | -4.3% |
| Land and buildings | 22 | €322,001 | €325,129 | +€3,128 | +1.0% |
| Furniture and vehicles | 24 | €28,640 | €10,304 | -€18,336 | -64.0% |
| Current assets | 29/58 | €914,154 | €1,100,733 | +€186,578 | +20.4% |
| Amounts receivable within one year | 40/41 | €40,495 | €45,312 | +€4,817 | +11.9% |
| Trade receivables | 40 | €30,995 | €35,812 | +€4,817 | +15.5% |
| Other amounts receivable | 41 | €9,500 | €9,500 | = | 0.0% |
| Current investments | 50/53 | €584,687 | €873,373 | +€288,686 | +49.4% |
| Cash at bank and in hand | 54/58 | €282,708 | €177,026 | -€105,682 | -37.4% |
| Deferred charges and accrued income | 490/1 | €6,265 | €5,022 | -€1,243 | -19.8% |
| Total equity and liabilities | 10/49 | €1,265,188 | €1,436,222 | +€171,033 | +13.5% |
| Equity | 10/15 | €959,434 | €1,081,753 | +€122,319 | +12.7% |
| Contributions | 10/11 | €92,262 | €92,262 | = | 0.0% |
| Reserves | 13 | €1,021,942 | €1,144,260 | +€122,319 | +12.0% |
| Non-distributable reserves | 130/1 | €857 | €857 | = | 0.0% |
| Other | 1319 | €857 | €857 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,246 | €29,097 | -€1,149 | -3.8% |
| Distributable reserves | 133 | €990,839 | €1,114,306 | +€123,467 | +12.5% |
| Profit (loss) carried forward | 14 | -€154,769 | -€154,769 | = | 0.0% |
| Provisions and deferred taxes | 16 | €15,574 | €14,983 | -€591 | -3.8% |
| Deferred taxes | 168 | €15,574 | €14,983 | -€591 | -3.8% |
| Amounts payable | 17/49 | €290,180 | €339,486 | +€49,306 | +17.0% |
| Amounts payable within one year | 42/48 | €278,611 | €317,718 | +€39,107 | +14.0% |
| Trade debts | 44 | €339 | €5,820 | +€5,481 | +1617.8% |
| Suppliers | 440/4 | €339 | €5,820 | +€5,481 | +1617.8% |
| Taxes, remuneration and social security | 45 | €37,429 | €35,254 | -€2,174 | -5.8% |
| Taxes | 450/3 | €37,429 | €35,254 | -€2,174 | -5.8% |
| Other amounts payable | 47/48 | €240,843 | €276,644 | +€35,801 | +14.9% |
| Accrued charges and deferred income | 492/3 | €11,569 | €21,768 | +€10,199 | +88.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,616 | €44,052 | +€2,437 | +5.9% |
| Other operating charges | 640/8 | €2,813 | €3,721 | +€908 | +32.3% |
| Gross operating margin | 9900 | €214,753 | €232,229 | +€17,475 | +8.1% |
| Operating profit (loss) | 9901 | €170,324 | €184,455 | +€14,131 | +8.3% |
| Financial income | 75/76B | €36,536 | €41,891 | +€5,356 | +14.7% |
| Recurring financial income | 75 | €36,536 | €41,891 | +€5,356 | +14.7% |
| Financial charges | 65/66B | €1,038 | €26,540 | +€25,502 | +2457.7% |
| Recurring financial charges | 65 | €1,038 | €26,540 | +€25,502 | +2457.7% |
| Profit (loss) for the period before taxes | 9903 | €205,822 | €199,807 | -€6,016 | -2.9% |
| Transfer from deferred taxes | 780 | €591 | €591 | = | 0.0% |
| Income taxes | 67/77 | €53,625 | €55,008 | +€1,383 | +2.6% |
| Profit (loss) for the period | 9904 | €152,789 | €145,391 | -€7,399 | -4.8% |
| Transfer from tax-exempt reserves | 789 | €1,149 | €1,149 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €153,938 | €146,539 | -€7,399 | -4.8% |
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 10 October 2026 via checked.be.