LANDEK: 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.
LANDEK
Largest movements
- Stocks and contracts -€46,956
down €46,956 (-10.5%), from €446,216 to €399,260
- Cash +€44,425
up €44,425 (+405%), from €10,967 to €55,392
mainly Stocks and contracts (+€46,956) and Net result for the year (+€22,991)
- Debts after one year -€37,000
down €37,000 (-7.0%), from €532,000 to €495,000
- Profit (loss) carried forward +€22,991
up €22,991, from -€17,473 to €5,518
- Other debts +€12,552
up €12,552 (+3,619%), from €347 to €12,899
- Depreciation -€5,328
down €5,328 (-38.1%), from €13,972 to €8,644
- Taxes +€531
new in 2025: €531
- Financial charges +€450
up €450 (+615%), from €73 to €524
- Gross operating margin -€347
down €347 (-1.0%), from €33,868 to €33,521
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 | €531,807 | €525,759 | -€6,048 | -1.1% |
| Fixed assets | 21/28 | €46,550 | €47,087 | +€536 | +1.2% |
| Tangible fixed assets | 22/27 | €46,550 | €47,087 | +€536 | +1.2% |
| Plant, machinery and equipment | 23 | €7,248 | €4,915 | -€2,333 | -32.2% |
| Furniture and vehicles | 24 | €2,057 | €8,651 | +€6,594 | +321% |
| Other tangible fixed assets | 26 | €37,246 | €33,521 | -€3,725 | -10.0% |
| Current assets | 29/58 | €485,257 | €478,673 | -€6,585 | -1.4% |
| Stocks and contracts in progress | 3 | €446,216 | €399,260 | -€46,956 | -10.5% |
| Stocks | 30/36 | €446,216 | €399,260 | -€46,956 | -10.5% |
| Amounts receivable within one year | 40/41 | €25,692 | €21,420 | -€4,272 | -16.6% |
| Trade receivables | 40 | €1,409 | €744 | -€665 | -47.2% |
| Other amounts receivable | 41 | €24,283 | €20,676 | -€3,607 | -14.9% |
| Cash at bank and in hand | 54/58 | €10,967 | €55,392 | +€44,425 | +405% |
| Deferred charges and accrued income | 490/1 | €2,382 | €2,600 | +€217 | +9.1% |
| Total equity and liabilities | 10/49 | €531,807 | €525,759 | -€6,048 | -1.1% |
| Equity | 10/15 | -€11,273 | €11,718 | +€22,991 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,473 | €5,518 | +€22,991 | |
| Amounts payable | 17/49 | €543,081 | €514,041 | -€29,039 | -5.3% |
| Amounts payable after more than one year | 17 | €532,000 | €495,000 | -€37,000 | -7.0% |
| Financial debts | 170/4 | €532,000 | €495,000 | -€37,000 | -7.0% |
| Amounts payable within one year | 42/48 | €11,081 | €19,041 | +€7,961 | +71.8% |
| Trade debts | 44 | €8,501 | €4,120 | -€4,380 | -51.5% |
| Suppliers | 440/4 | €8,501 | €4,120 | -€4,380 | -51.5% |
| Taxes, remuneration and social security | 45 | €2,233 | €2,022 | -€211 | -9.4% |
| Taxes | 450/3 | €633 | €1,222 | +€589 | +93.1% |
| Remuneration and social security | 454/9 | €1,600 | €800 | -€800 | -50.0% |
| Other amounts payable | 47/48 | €347 | €12,899 | +€12,552 | +3,619% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,972 | €8,644 | -€5,328 | -38.1% |
| Other operating charges | 640/8 | €972 | €831 | -€141 | -14.5% |
| Gross operating margin | 9900 | €33,868 | €33,521 | -€347 | -1.0% |
| Operating profit (loss) | 9901 | €18,924 | €24,046 | +€5,122 | +27.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €73 | €524 | +€450 | +615% |
| Recurring financial charges | 65 | €73 | €524 | +€450 | +615% |
| Profit (loss) for the period before taxes | 9903 | €18,851 | €23,522 | +€4,671 | +24.8% |
| Income taxes | 67/77 | - | €531 | +€531 | |
| Profit (loss) for the period | 9904 | €18,851 | €22,991 | +€4,140 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,851 | €22,991 | +€4,140 | +22.0% |
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 29 October 2026 via checked.be.