LANDERSCHAPSBEHEER: what changed
Two fiscal 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.
LANDERSCHAPSBEHEER
Largest movements
- Tangible fixed assets -€7,730
down €7,730 (-2.6%), from €297,453 to €289,723
of which Land and buildings: -€4,499
- Receivables within one year +€7,318
up €7,318 (+52.7%), from €13,883 to €21,200
of which Trade receivables: +€5,025
- Cash -€3,586
down €3,586 (-12.0%), from €29,962 to €26,376
mainly Contributions, distributions and other (-€56,294) and Investment in fixed assets (net) (-€23,466)
- Other debts +€44,488
up €44,488 (+57.2%), from €77,710 to €122,198
- Profit (loss) carried forward -€32,802
no longer reported in 2025 (was €32,802)
- Debts after one year -€18,211
down €18,211 (-9.8%), from €185,369 to €167,158
- Staff costs +€11,864
new in 2025: €11,864
- Taxes +€6,876
up €6,876 (+857.5%), from €802 to €7,678
- Gross operating margin -€4,247
down €4,247 (-4.7%), from €89,697 to €85,450
- Depreciation -€2,094
down €2,094 (-6.3%), from €33,290 to €31,196
- Financial charges -€1,349
down €1,349 (-22.0%), from €6,145 to €4,795
of which Financial charges: -€1,396
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 | €341,905 | €337,906 | -€3,999 | -1.2% |
| Fixed assets | 21/28 | €297,453 | €289,723 | -€7,730 | -2.6% |
| Tangible fixed assets | 22/27 | €297,453 | €289,723 | -€7,730 | -2.6% |
| Land and buildings | 22 | €289,205 | €284,706 | -€4,499 | -1.6% |
| Plant, machinery and equipment | 23 | €1,735 | €1,523 | -€212 | -12.2% |
| Furniture and vehicles | 24 | €6,513 | €3,493 | -€3,020 | -46.4% |
| Current assets | 29/58 | €44,452 | €48,183 | +€3,732 | +8.4% |
| Amounts receivable within one year | 40/41 | €13,883 | €21,200 | +€7,318 | +52.7% |
| Trade receivables | 40 | €9,637 | €14,662 | +€5,025 | +52.1% |
| Other amounts receivable | 41 | €4,246 | €6,538 | +€2,292 | +54.0% |
| Cash at bank and in hand | 54/58 | €29,962 | €26,376 | -€3,586 | -12.0% |
| Deferred charges and accrued income | 490/1 | €607 | €607 | = | 0.0% |
| Total equity and liabilities | 10/49 | €341,905 | €337,906 | -€3,999 | -1.2% |
| Equity | 10/15 | €52,802 | €20,000 | -€32,802 | -62.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,802 | - | -€32,802 | |
| Amounts payable | 17/49 | €289,103 | €317,906 | +€28,803 | +10.0% |
| Amounts payable after more than one year | 17 | €185,369 | €167,158 | -€18,211 | -9.8% |
| Financial debts | 170/4 | €185,369 | €167,158 | -€18,211 | -9.8% |
| Amounts payable within one year | 42/48 | €103,734 | €150,748 | +€47,014 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €20,907 | €18,211 | -€2,696 | -12.9% |
| Trade debts | 44 | - | €2,702 | +€2,702 | |
| Suppliers | 440/4 | - | €2,702 | +€2,702 | |
| Taxes, remuneration and social security | 45 | €5,117 | €7,637 | +€2,520 | +49.2% |
| Taxes | 450/3 | €5,117 | €5,727 | +€610 | +11.9% |
| Remuneration and social security | 454/9 | - | €1,910 | +€1,910 | |
| Other amounts payable | 47/48 | €77,710 | €122,198 | +€44,488 | +57.2% |
| Remuneration, social security and pensions | 62 | - | €11,864 | +€11,864 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,290 | €31,196 | -€2,094 | -6.3% |
| Other operating charges | 640/8 | €6,237 | €6,449 | +€212 | +3.4% |
| Gross operating margin | 9900 | €89,697 | €85,450 | -€4,247 | -4.7% |
| Operating profit (loss) | 9901 | €50,170 | €35,941 | -€14,229 | -28.4% |
| Financial income | 75/76B | €0 | €25 | +€24 | +11100.0% |
| Recurring financial income | 75 | €0 | €21 | +€21 | +9318.2% |
| Non-recurring financial income | 76B | €0 | €4 | +€4 | +1681.8% |
| Financial charges | 65/66B | €6,145 | €4,795 | -€1,349 | -22.0% |
| Recurring financial charges | 65 | €6,028 | €4,632 | -€1,396 | -23.2% |
| Non-recurring financial charges | 66B | €117 | €163 | +€46 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €44,026 | €31,170 | -€12,855 | -29.2% |
| Income taxes | 67/77 | €802 | €7,678 | +€6,876 | +857.5% |
| Profit (loss) for the period | 9904 | €43,224 | €23,492 | -€19,731 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,224 | €23,492 | -€19,731 | -45.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.