LANDE BE: 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.
LANDE BE
Largest movements
- Tangible fixed assets +€111,069
up €111,069 (+68.3%), from €162,634 to €273,703
of which Land and buildings: +€113,812
- Receivables after one year -€60,000
down €60,000 (-50.0%), from €120,000 to €60,000
- Receivables within one year +€47,448
up €47,448 (+21.2%), from €223,449 to €270,896
of which Trade receivables: +€125,999
- Cash -€43,639
down €43,639 (-30.9%), from €141,106 to €97,467
mainly Investment in fixed assets (net) (-€175,089) and Receivables within one year (-€47,448)
- Tax, wage and social debts +€92,714
up €92,714 (+35.3%), from €262,336 to €355,050
of which Remuneration and social security: +€79,315
- Trade debts -€46,811
down €46,811 (-53.7%), from €87,132 to €40,321
- Reserves +€30,151
up €30,151 (+10.2%), from €295,462 to €325,614
of which Distributable reserves: +€30,151
- Other debts -€16,000
down €16,000 (-97.5%), from €16,413 to €412
No income-statement line moved by more than 1% of the activity.
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 | €679,943 | €739,998 | +€60,055 | +8.8% |
| Fixed assets | 21/28 | €171,992 | €283,061 | +€111,069 | +64.6% |
| Tangible fixed assets | 22/27 | €162,634 | €273,703 | +€111,069 | +68.3% |
| Land and buildings | 22 | €6,250 | €120,061 | +€113,812 | +1,821% |
| Plant, machinery and equipment | 23 | €106,188 | €86,476 | -€19,712 | -18.6% |
| Furniture and vehicles | 24 | €50,196 | €67,166 | +€16,970 | +33.8% |
| Financial fixed assets | 28 | €9,358 | €9,358 | = | 0.0% |
| Current assets | 29/58 | €507,951 | €456,937 | -€51,015 | -10.0% |
| Amounts receivable after more than one year | 29 | €120,000 | €60,000 | -€60,000 | -50.0% |
| Other amounts receivable | 291 | €120,000 | €60,000 | -€60,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €223,449 | €270,896 | +€47,448 | +21.2% |
| Trade receivables | 40 | €103,659 | €229,658 | +€125,999 | +122% |
| Other amounts receivable | 41 | €119,789 | €41,239 | -€78,551 | -65.6% |
| Cash at bank and in hand | 54/58 | €141,106 | €97,467 | -€43,639 | -30.9% |
| Deferred charges and accrued income | 490/1 | €23,397 | €28,573 | +€5,176 | +22.1% |
| Total equity and liabilities | 10/49 | €679,943 | €739,998 | +€60,055 | +8.8% |
| Equity | 10/15 | €314,062 | €344,214 | +€30,151 | +9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €295,462 | €325,614 | +€30,151 | +10.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €295,462 | €325,614 | +€30,151 | +10.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €365,880 | €395,784 | +€29,904 | +8.2% |
| Amounts payable within one year | 42/48 | €365,880 | €395,784 | +€29,904 | +8.2% |
| Trade debts | 44 | €87,132 | €40,321 | -€46,811 | -53.7% |
| Suppliers | 440/4 | €87,132 | €40,321 | -€46,811 | -53.7% |
| Taxes, remuneration and social security | 45 | €262,336 | €355,050 | +€92,714 | +35.3% |
| Taxes | 450/3 | €8,921 | €22,321 | +€13,399 | +150% |
| Remuneration and social security | 454/9 | €253,414 | €332,730 | +€79,315 | +31.3% |
| Other amounts payable | 47/48 | €16,413 | €412 | -€16,000 | -97.5% |
| Non-recurring operating income | 76A | - | €216 | +€216 | |
| Remuneration, social security and pensions | 62 | €2,980,459 | €2,956,162 | -€24,297 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,842 | €64,019 | +€16,177 | +33.8% |
| Other operating charges | 640/8 | €24,811 | €25,617 | +€806 | +3.2% |
| Gross operating margin | 9900 | €3,057,229 | €3,070,322 | +€13,093 | +0.4% |
| Operating profit (loss) | 9901 | €4,116 | €24,524 | +€20,407 | +496% |
| Financial income | 75/76B | €4,342 | €2,974 | -€1,367 | -31.5% |
| Recurring financial income | 75 | €4,342 | €2,974 | -€1,367 | -31.5% |
| Financial charges | 65/66B | €207 | €458 | +€251 | +122% |
| Recurring financial charges | 65 | €207 | €458 | +€251 | +122% |
| Profit (loss) for the period before taxes | 9903 | €8,251 | €27,040 | +€18,789 | +228% |
| Income taxes | 67/77 | €9,642 | -€3,111 | -€12,752 | |
| Profit (loss) for the period | 9904 | -€1,390 | €30,151 | +€31,542 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,390 | €30,151 | +€31,542 |
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 13 October 2026 via checked.be.