LANDHOVE: 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.
LANDHOVE
Largest movements
- Tangible fixed assets -€23,620
down €23,620 (-1.8%), from €1.3m to €1.3m
of which Land and buildings: -€17,455
- Debts after one year -€33,333
down €33,333 (-19.4%), from €172,222 to €138,889
- Other debts +€27,061
up €27,061 (+3.0%), from €901,987 to €929,048
- Financial charges -€2,977
down €2,977 (-29.0%), from €10,277 to €7,300
- Depreciation +€1,260
up €1,260 (+5.6%), from €22,360 to €23,620
- Gross operating margin +€464
up €464 (+1.9%), from €24,492 to €24,956
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 | €1,327,266 | €1,312,494 | -€14,772 | -1.1% |
| Fixed assets | 21/28 | €1,290,334 | €1,266,714 | -€23,620 | -1.8% |
| Tangible fixed assets | 22/27 | €1,290,334 | €1,266,714 | -€23,620 | -1.8% |
| Land and buildings | 22 | €1,206,418 | €1,188,963 | -€17,455 | -1.4% |
| Furniture and vehicles | 24 | €4,598 | €3,449 | -€1,150 | -25.0% |
| Other tangible fixed assets | 26 | €79,317 | €74,302 | -€5,015 | -6.3% |
| Current assets | 29/58 | €36,932 | €45,780 | +€8,847 | +24.0% |
| Amounts receivable within one year | 40/41 | €32,158 | €42,623 | +€10,465 | +32.5% |
| Trade receivables | 40 | €454 | €454 | = | 0.0% |
| Other amounts receivable | 41 | €31,704 | €42,169 | +€10,465 | +33.0% |
| Cash at bank and in hand | 54/58 | €3,692 | €3,157 | -€535 | -14.5% |
| Deferred charges and accrued income | 490/1 | €1,082 | - | -€1,082 | |
| Total equity and liabilities | 10/49 | €1,327,266 | €1,312,494 | -€14,772 | -1.1% |
| Equity | 10/15 | €219,606 | €211,158 | -€8,448 | -3.8% |
| Contributions | 10/11 | €393,340 | €393,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,734 | -€182,182 | -€8,448 | -4.9% |
| Amounts payable | 17/49 | €1,107,660 | €1,101,335 | -€6,325 | -0.6% |
| Amounts payable after more than one year | 17 | €172,222 | €138,889 | -€33,333 | -19.4% |
| Financial debts | 170/4 | €172,222 | €138,889 | -€33,333 | -19.4% |
| Amounts payable within one year | 42/48 | €935,438 | €962,447 | +€27,009 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €33,333 | = | 0.0% |
| Trade debts | 44 | €118 | €66 | -€52 | -44.3% |
| Suppliers | 440/4 | €118 | €66 | -€52 | -44.3% |
| Other amounts payable | 47/48 | €901,987 | €929,048 | +€27,061 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,360 | €23,620 | +€1,260 | +5.6% |
| Other operating charges | 640/8 | €2,523 | €2,484 | -€39 | -1.6% |
| Gross operating margin | 9900 | €24,492 | €24,956 | +€464 | +1.9% |
| Operating profit (loss) | 9901 | -€391 | -€1,147 | -€756 | -193.3% |
| Financial charges | 65/66B | €10,277 | €7,300 | -€2,977 | -29.0% |
| Recurring financial charges | 65 | €10,277 | €7,300 | -€2,977 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,668 | -€8,448 | +€2,221 | +20.8% |
| Profit (loss) for the period | 9904 | -€10,668 | -€8,448 | +€2,221 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,668 | -€8,448 | +€2,221 | +20.8% |
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 5 October 2026 via checked.be.