LANDJUWEEL: what changed
LANDJUWEEL
Largest movements
- Cash +€101,707
up €101,707 (+159%), from €64,076 to €165,783
mainly Receivables within one year (+€66,491) and Net result for the year (+€19,416)
- Receivables within one year -€66,491
down €66,491 (-34.2%), from €194,217 to €127,726
of which Other amounts receivable: -€70,000
- Deferred charges and accrued income -€15,444
down €15,444 (-60.8%), from €25,395 to €9,951
- Profit (loss) carried forward +€19,416
up €19,416 (+90.5%), from -€21,443 to -€2,027
- Trade debts -€5,500
down €5,500 (-60.1%), from €9,152 to €3,652
- Gross operating margin +€51,960
up €51,960, from -€30,883 to €21,077
- Financial income -€533
down €533 (-6.8%), from €7,845 to €7,312
- Depreciation -€459
down €459 (-6.1%), from €7,468 to €7,009
- Financial charges +€338
up €338 (+37.2%), from €909 to €1,247
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €394,354 | €410,093 | +€15,738 | +4.0% |
| Fixed assets | 21/28 | €110,666 | €106,633 | -€4,033 | -3.6% |
| Tangible fixed assets | 22/27 | €10,666 | €6,633 | -€4,033 | -37.8% |
| Plant, machinery and equipment | 23 | €208 | €0 | -€208 | -100% |
| Furniture and vehicles | 24 | €5,776 | €3,246 | -€2,530 | -43.8% |
| Other tangible fixed assets | 26 | €4,682 | €3,387 | -€1,295 | -27.7% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €283,688 | €303,460 | +€19,771 | +7.0% |
| Amounts receivable within one year | 40/41 | €194,217 | €127,726 | -€66,491 | -34.2% |
| Trade receivables | 40 | €9,075 | €12,584 | +€3,509 | +38.7% |
| Other amounts receivable | 41 | €185,142 | €115,142 | -€70,000 | -37.8% |
| Cash at bank and in hand | 54/58 | €64,076 | €165,783 | +€101,707 | +159% |
| Deferred charges and accrued income | 490/1 | €25,395 | €9,951 | -€15,444 | -60.8% |
| Total equity and liabilities | 10/49 | €394,354 | €410,093 | +€15,738 | +4.0% |
| Equity | 10/15 | €344,777 | €364,193 | +€19,416 | +5.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €353,820 | €353,820 | = | 0.0% |
| Distributable reserves | 133 | €353,820 | €353,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,443 | -€2,027 | +€19,416 | +90.5% |
| Amounts payable | 17/49 | €49,577 | €45,899 | -€3,678 | -7.4% |
| Amounts payable within one year | 42/48 | €47,455 | €43,734 | -€3,721 | -7.8% |
| Trade debts | 44 | €9,152 | €3,652 | -€5,500 | -60.1% |
| Suppliers | 440/4 | €9,152 | €3,652 | -€5,500 | -60.1% |
| Taxes, remuneration and social security | 45 | €4,757 | €6,212 | +€1,455 | +30.6% |
| Taxes | 450/3 | €4,757 | €6,212 | +€1,455 | +30.6% |
| Other amounts payable | 47/48 | €33,546 | €33,870 | +€324 | +1.0% |
| Accrued charges and deferred income | 492/3 | €2,123 | €2,165 | +€43 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,468 | €7,009 | -€459 | -6.1% |
| Other operating charges | 640/8 | €551 | €520 | -€32 | -5.7% |
| Gross operating margin | 9900 | -€30,883 | €21,077 | +€51,960 | |
| Operating profit (loss) | 9901 | -€38,903 | €13,548 | +€52,450 | |
| Financial income | 75/76B | €7,845 | €7,312 | -€533 | -6.8% |
| Recurring financial income | 75 | €7,845 | €7,312 | -€533 | -6.8% |
| Financial charges | 65/66B | €909 | €1,247 | +€338 | +37.2% |
| Recurring financial charges | 65 | €909 | €1,247 | +€338 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | -€31,966 | €19,612 | +€51,579 | |
| Income taxes | 67/77 | €213 | €196 | -€17 | -8.1% |
| Profit (loss) for the period | 9904 | -€32,180 | €19,416 | +€51,596 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,180 | €19,416 | +€51,596 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.