LAND & PAND: 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.
LAND & PAND
Largest movements
- Cash -€16,051
down €16,051 (-70.5%), from €22,777 to €6,725
mainly Investment in fixed assets (net) (-€10,363) and Receivables within one year (-€8,213)
- Tangible fixed assets +€8,877
up €8,877 (+429%), from €2,068 to €10,945
of which Other tangible fixed assets: +€9,598
- Receivables within one year +€8,213
up €8,213 (+56.8%), from €14,465 to €22,678
of which Trade receivables: +€8,543
- Deferred charges and accrued income -€800
no longer reported in 2024 (was €800)
- Profit (loss) carried forward -€3,679
down €3,679 (-23.3%), from -€15,756 to -€19,435
- Tax, wage and social debts +€3,445
up €3,445 (+16.4%), from €21,007 to €24,452
of which Taxes: +€5,060
- Trade debts +€2,137
up €2,137 (+28.7%), from €7,432 to €9,569
- Other debts -€1,665
down €1,665 (-46.7%), from €3,565 to €1,900
- Gross operating margin +€46,929
up €46,929 (+156%), from €30,081 to €77,010
- Staff costs +€31,989
up €31,989 (+70.2%), from €45,570 to €77,559
- Depreciation +€1,389
up €1,389 (+1,434%), from €97 to €1,486
- Financial charges +€1,006
new in 2024: €1,006
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,109 | €40,347 | +€238 | +0.6% |
| Fixed assets | 21/28 | €2,068 | €10,945 | +€8,877 | +429% |
| Tangible fixed assets | 22/27 | €2,068 | €10,945 | +€8,877 | +429% |
| Furniture and vehicles | 24 | €2,068 | €1,346 | -€721 | -34.9% |
| Other tangible fixed assets | 26 | - | €9,598 | +€9,598 | |
| Current assets | 29/58 | €38,042 | €29,403 | -€8,639 | -22.7% |
| Amounts receivable within one year | 40/41 | €14,465 | €22,678 | +€8,213 | +56.8% |
| Trade receivables | 40 | €7,865 | €16,408 | +€8,543 | +109% |
| Other amounts receivable | 41 | €6,600 | €6,270 | -€330 | -5.0% |
| Cash at bank and in hand | 54/58 | €22,777 | €6,725 | -€16,051 | -70.5% |
| Deferred charges and accrued income | 490/1 | €800 | - | -€800 | |
| Total equity and liabilities | 10/49 | €40,109 | €40,347 | +€238 | +0.6% |
| Equity | 10/15 | €8,105 | €4,427 | -€3,679 | -45.4% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €16,361 | €16,361 | = | 0.0% |
| Distributable reserves | 133 | €16,361 | €16,361 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,756 | -€19,435 | -€3,679 | -23.3% |
| Amounts payable | 17/49 | €32,004 | €35,921 | +€3,917 | +12.2% |
| Amounts payable within one year | 42/48 | €32,004 | €35,921 | +€3,917 | +12.2% |
| Trade debts | 44 | €7,432 | €9,569 | +€2,137 | +28.7% |
| Suppliers | 440/4 | €7,432 | €9,569 | +€2,137 | +28.7% |
| Taxes, remuneration and social security | 45 | €21,007 | €24,452 | +€3,445 | +16.4% |
| Taxes | 450/3 | €6,195 | €11,254 | +€5,060 | +81.7% |
| Remuneration and social security | 454/9 | €14,812 | €13,198 | -€1,615 | -10.9% |
| Other amounts payable | 47/48 | €3,565 | €1,900 | -€1,665 | -46.7% |
| Remuneration, social security and pensions | 62 | €45,570 | €77,559 | +€31,989 | +70.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97 | €1,486 | +€1,389 | +1,434% |
| Other operating charges | 640/8 | €238 | €638 | +€400 | +168% |
| Gross operating margin | 9900 | €30,081 | €77,010 | +€46,929 | +156% |
| Operating profit (loss) | 9901 | -€15,824 | -€2,672 | +€13,151 | +83.1% |
| Financial income | 75/76B | €68 | - | -€68 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €67 | - | -€67 | |
| Financial charges | 65/66B | - | €1,006 | +€1,006 | |
| Recurring financial charges | 65 | - | €1,006 | +€1,006 | |
| Profit (loss) for the period before taxes | 9903 | -€15,756 | -€3,679 | +€12,077 | +76.7% |
| Profit (loss) for the period | 9904 | -€15,756 | -€3,679 | +€12,077 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,756 | -€3,679 | +€12,077 | +76.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.