LANDEXPLO SERVICES: 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.
LANDEXPLO SERVICES
Largest movements
- Stocks and contracts +€1.8m
up €1.8m (+141.7%), from €1.3m to €3.1m
- Receivables within one year -€199,246
down €199,246 (-45.0%), from €442,594 to €243,348
- Other debts +€1.7m
new in 2025: €1.7m
- Trade debts -€58,721
down €58,721 (-98.6%), from €59,573 to €852
- Financial income -€14,350
down €14,350 (-100.0%), from €14,350 to €0
- Gross operating margin +€4,928
up €4,928 (+416.4%), from €1,184 to €6,112
- Financial charges +€3,931
up €3,931 (+209.9%), from €1,873 to €5,804
- Taxes -€3,563
down €3,563, from €3,490 to -€73
- Depreciation -€978
down €978 (-84.0%), from €1,164 to €186
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 | €1,750,765 | €3,374,259 | +€1.6m | +92.7% |
| Fixed assets | 21/28 | €1,603 | €62 | -€1,541 | -96.1% |
| Tangible fixed assets | 22/27 | €1,603 | €62 | -€1,541 | -96.1% |
| Furniture and vehicles | 24 | €1,603 | €62 | -€1,541 | -96.1% |
| Current assets | 29/58 | €1,749,163 | €3,374,197 | +€1.6m | +92.9% |
| Stocks and contracts in progress | 3 | €1,289,940 | €3,117,225 | +€1.8m | +141.7% |
| Stocks | 30/36 | €1,289,940 | €3,117,225 | +€1.8m | +141.7% |
| Amounts receivable within one year | 40/41 | €442,594 | €243,348 | -€199,246 | -45.0% |
| Other amounts receivable | 41 | €442,594 | €243,348 | -€199,246 | -45.0% |
| Cash at bank and in hand | 54/58 | €16,629 | €13,624 | -€3,005 | -18.1% |
| Total equity and liabilities | 10/49 | €1,750,765 | €3,374,259 | +€1.6m | +92.7% |
| Equity | 10/15 | €1,687,340 | €1,686,652 | -€687 | 0.0% |
| Contributions | 10/11 | €1,470,008 | €1,470,008 | = | 0.0% |
| Reserves | 13 | €198,919 | €198,919 | = | 0.0% |
| Distributable reserves | 133 | €198,919 | €198,919 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,413 | €17,726 | -€687 | -3.7% |
| Amounts payable | 17/49 | €63,426 | €1,687,607 | +€1.6m | +2560.8% |
| Amounts payable within one year | 42/48 | €63,063 | €1,687,607 | +€1.6m | +2576.1% |
| Trade debts | 44 | €59,573 | €852 | -€58,721 | -98.6% |
| Suppliers | 440/4 | €59,573 | €852 | -€58,721 | -98.6% |
| Taxes, remuneration and social security | 45 | €3,490 | €0 | -€3,490 | -100.0% |
| Taxes | 450/3 | €3,490 | €0 | -€3,490 | -100.0% |
| Other amounts payable | 47/48 | - | €1,686,755 | +€1.7m | |
| Accrued charges and deferred income | 492/3 | €363 | €0 | -€363 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,164 | €186 | -€978 | -84.0% |
| Other operating charges | 640/8 | €0 | €694 | +€694 | |
| Non-recurring operating charges | 66A | - | €188 | +€188 | |
| Gross operating margin | 9900 | €1,184 | €6,112 | +€4,928 | +416.4% |
| Operating profit (loss) | 9901 | €20 | €5,044 | +€5,024 | +25543.5% |
| Financial income | 75/76B | €14,350 | €0 | -€14,350 | -100.0% |
| Recurring financial income | 75 | €14,350 | €0 | -€14,350 | -100.0% |
| Financial charges | 65/66B | €1,873 | €5,804 | +€3,931 | +209.9% |
| Recurring financial charges | 65 | €1,873 | €5,804 | +€3,931 | +209.9% |
| Profit (loss) for the period before taxes | 9903 | €12,497 | -€760 | -€13,257 | |
| Income taxes | 67/77 | €3,490 | -€73 | -€3,563 | |
| Profit (loss) for the period | 9904 | €9,007 | -€687 | -€9,694 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,007 | -€687 | -€9,694 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.