LANCKRIET MANAGEMENT: 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.
LANCKRIET MANAGEMENT
Largest movements
- Current investments -€10,000
no longer reported in 2025 (was €10,000)
- Other debts -€31,590
down €31,590 (-58.0%), from €54,490 to €22,900
- Debts after one year +€12,099
up €12,099 (+26.5%), from €45,699 to €57,799
- Tax, wage and social debts +€9,922
up €9,922 (+135%), from €7,356 to €17,278
- Gross operating margin +€7,167
up €7,167 (+22.3%), from €32,094 to €39,261
- Taxes +€1,824
up €1,824 (+20.6%), from €8,857 to €10,681
- Other operating charges +€1,000
up €1,000 (+794%), from €126 to €1,126
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 | €922,874 | €915,269 | -€7,605 | -0.8% |
| Fixed assets | 21/28 | €898,154 | €897,327 | -€826 | -0.1% |
| Tangible fixed assets | 22/27 | €2,479 | €1,653 | -€826 | -33.3% |
| Furniture and vehicles | 24 | €2,479 | €1,653 | -€826 | -33.3% |
| Financial fixed assets | 28 | €895,674 | €895,674 | = | 0.0% |
| Current assets | 29/58 | €24,720 | €17,942 | -€6,778 | -27.4% |
| Amounts receivable within one year | 40/41 | €22 | €0 | -€22 | -100% |
| Other amounts receivable | 41 | €22 | €0 | -€22 | -100% |
| Current investments | 50/53 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €14,698 | €17,942 | +€3,244 | +22.1% |
| Total equity and liabilities | 10/49 | €922,874 | €915,269 | -€7,605 | -0.8% |
| Equity | 10/15 | €801,871 | €803,875 | +€2,004 | +0.2% |
| Contributions | 10/11 | €212,400 | €212,400 | = | 0.0% |
| Reserves | 13 | €589,471 | €591,475 | +€2,004 | +0.3% |
| Distributable reserves | 133 | €589,471 | €591,475 | +€2,004 | +0.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €121,002 | €111,394 | -€9,608 | -7.9% |
| Amounts payable after more than one year | 17 | €45,699 | €57,799 | +€12,099 | +26.5% |
| Other amounts payable | 178/9 | €45,699 | €57,799 | +€12,099 | +26.5% |
| Amounts payable within one year | 42/48 | €74,253 | €52,622 | -€21,631 | -29.1% |
| Financial debts | 43 | €7,250 | €0 | -€7,250 | -100% |
| Credit institutions | 430/8 | €7,250 | €0 | -€7,250 | -100% |
| Trade debts | 44 | €5,158 | €3,974 | -€1,184 | -23.0% |
| Suppliers | 440/4 | €5,158 | €3,974 | -€1,184 | -23.0% |
| Advances received on contracts in progress | 46 | - | €8,470 | +€8,470 | |
| Taxes, remuneration and social security | 45 | €7,356 | €17,278 | +€9,922 | +135% |
| Taxes | 450/3 | €7,356 | €17,278 | +€9,922 | +135% |
| Other amounts payable | 47/48 | €54,490 | €22,900 | -€31,590 | -58.0% |
| Accrued charges and deferred income | 492/3 | €1,050 | €974 | -€76 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €826 | €826 | -€0 | 0.0% |
| Other operating charges | 640/8 | €126 | €1,126 | +€1,000 | +794% |
| Gross operating margin | 9900 | €32,094 | €39,261 | +€7,167 | +22.3% |
| Operating profit (loss) | 9901 | €31,141 | €37,308 | +€6,167 | +19.8% |
| Financial charges | 65/66B | €1,600 | €1,723 | +€123 | +7.7% |
| Recurring financial charges | 65 | €1,600 | €1,723 | +€123 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €29,541 | €35,585 | +€6,044 | +20.5% |
| Income taxes | 67/77 | €8,857 | €10,681 | +€1,824 | +20.6% |
| Profit (loss) for the period | 9904 | €20,684 | €24,904 | +€4,220 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,684 | €24,904 | +€4,220 | +20.4% |
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 16 October 2026 via checked.be.