LANDFALL: 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.
LANDFALL
Largest movements
- Receivables within one year +€779,065
up €779,065 (+136812.4%), from €569 to €779,634
of which Other amounts receivable: +€779,065
- Financial fixed assets -€163,668
down €163,668 (-99.7%), from €164,120 to €452
- Cash +€57,312
up €57,312 (+13.4%), from €426,252 to €483,565
mainly Net result for the year (+€748,124) and Other debts (+€710,000)
- Tangible fixed assets -€14,783
down €14,783 (-21.2%), from €69,728 to €54,945
of which Furniture and vehicles: -€14,322
- Other debts +€710,000
up €710,000 (+788.9%), from €90,000 to €800,000
- Profit (loss) carried forward -€60,107
down €60,107 (-100.0%), from €60,107 to €0
- Financial income +€666,936
up €666,936 (+589.0%), from €113,225 to €780,161
- Gross operating margin -€11,752
down €11,752, from €4,048 to -€7,704
- Depreciation +€9,931
up €9,931 (+204.7%), from €4,851 to €14,783
- Taxes -€2,243
down €2,243 (-21.5%), from €10,435 to €8,192
- Other operating charges +€625
up €625 (+103.9%), from €602 to €1,227
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 | €661,944 | €1,320,007 | +€658,063 | +99.4% |
| Fixed assets | 21/28 | €233,848 | €55,397 | -€178,451 | -76.3% |
| Tangible fixed assets | 22/27 | €69,728 | €54,945 | -€14,783 | -21.2% |
| Plant, machinery and equipment | 23 | €2,891 | €2,431 | -€461 | -15.9% |
| Furniture and vehicles | 24 | €66,837 | €52,515 | -€14,322 | -21.4% |
| Financial fixed assets | 28 | €164,120 | €452 | -€163,668 | -99.7% |
| Current assets | 29/58 | €428,096 | €1,264,610 | +€836,514 | +195.4% |
| Amounts receivable within one year | 40/41 | €569 | €779,634 | +€779,065 | +136812.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €569 | €779,634 | +€779,065 | +136812.4% |
| Cash at bank and in hand | 54/58 | €426,252 | €483,565 | +€57,312 | +13.4% |
| Deferred charges and accrued income | 490/1 | €1,275 | €1,411 | +€137 | +10.7% |
| Total equity and liabilities | 10/49 | €661,944 | €1,320,007 | +€658,063 | +99.4% |
| Equity | 10/15 | €561,331 | €509,455 | -€51,876 | -9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €482,624 | €490,855 | +€8,231 | +1.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €482,624 | €490,855 | +€8,231 | +1.7% |
| Profit (loss) carried forward | 14 | €60,107 | €0 | -€60,107 | -100.0% |
| Amounts payable | 17/49 | €100,614 | €810,552 | +€709,938 | +705.6% |
| Amounts payable within one year | 42/48 | €100,507 | €810,462 | +€709,955 | +706.4% |
| Trade debts | 44 | €72 | €2,388 | +€2,317 | +3239.6% |
| Suppliers | 440/4 | €72 | €2,388 | +€2,317 | +3239.6% |
| Taxes, remuneration and social security | 45 | €10,436 | €8,074 | -€2,362 | -22.6% |
| Taxes | 450/3 | €10,436 | €8,074 | -€2,362 | -22.6% |
| Other amounts payable | 47/48 | €90,000 | €800,000 | +€710,000 | +788.9% |
| Accrued charges and deferred income | 492/3 | €107 | €90 | -€16 | -15.4% |
| Non-recurring operating income | 76A | €15,000 | €0 | -€15,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,851 | €14,783 | +€9,931 | +204.7% |
| Other operating charges | 640/8 | €602 | €1,227 | +€625 | +103.9% |
| Gross operating margin | 9900 | €4,048 | -€7,704 | -€11,752 | |
| Operating profit (loss) | 9901 | -€1,405 | -€23,714 | -€22,309 | -1587.3% |
| Financial income | 75/76B | €113,225 | €780,161 | +€666,936 | +589.0% |
| Recurring financial income | 75 | €113,225 | €780,161 | +€666,936 | +589.0% |
| Financial charges | 65/66B | €178 | €131 | -€48 | -26.8% |
| Recurring financial charges | 65 | €178 | €131 | -€48 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €111,642 | €756,316 | +€644,675 | +577.4% |
| Income taxes | 67/77 | €10,435 | €8,192 | -€2,243 | -21.5% |
| Profit (loss) for the period | 9904 | €101,206 | €748,124 | +€646,918 | +639.2% |
| Profit (loss) for the period to be appropriated | 9905 | €101,206 | €748,124 | +€646,918 | +639.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.