Landlaw: 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.
Landlaw
Largest movements
- Receivables within one year +€7,149
new in 2025: €7,149
- Cash -€7,014
down €7,014 (-32.9%), from €21,310 to €14,297
mainly Tax, wage and social debts (-€10,077) and Receivables within one year (-€7,149)
- Formation expenses -€3,000
no longer reported in 2025 (was €3,000)
- Tangible fixed assets +€1,529
up €1,529 (+528%), from €289 to €1,819
- Tax, wage and social debts -€10,077
down €10,077 (-97.6%), from €10,327 to €250
- Short-term financial debts +€4,397
new in 2025: €4,397
- Reserves +€2,382
up €2,382 (+25.2%), from €9,469 to €11,851
- Debts after one year +€1,523
up €1,523 (+103%), from €1,476 to €2,999
- Trade debts +€1,181
up €1,181 (+242%), from €487 to €1,668
- Gross operating margin -€6,071
down €6,071 (-37.2%), from €16,301 to €10,229
- Taxes -€1,484
down €1,484 (-35.2%), from €4,219 to €2,735
- Depreciation +€1,475
up €1,475 (+86.1%), from €1,714 to €3,189
- Other operating charges +€601
new in 2025: €601
- Financial charges +€448
up €448 (+1,078%), from €42 to €489
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.
Derived cash bridge
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 | €24,759 | €23,351 | -€1,408 | -5.7% |
| Formation expenses | 20 | €3,000 | - | -€3,000 | |
| Fixed assets | 21/28 | €386 | €1,905 | +€1,519 | +394% |
| Intangible fixed assets | 21 | €96 | €86 | -€10 | -10.4% |
| Tangible fixed assets | 22/27 | €289 | €1,819 | +€1,529 | +528% |
| Furniture and vehicles | 24 | €289 | €1,819 | +€1,529 | +528% |
| Current assets | 29/58 | €21,372 | €21,446 | +€74 | +0.3% |
| Amounts receivable within one year | 40/41 | - | €7,149 | +€7,149 | |
| Other amounts receivable | 41 | - | €7,149 | +€7,149 | |
| Cash at bank and in hand | 54/58 | €21,310 | €14,297 | -€7,014 | -32.9% |
| Deferred charges and accrued income | 490/1 | €62 | - | -€62 | |
| Total equity and liabilities | 10/49 | €24,759 | €23,351 | -€1,408 | -5.7% |
| Equity | 10/15 | €10,969 | €13,351 | +€2,382 | +21.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €9,469 | €11,851 | +€2,382 | +25.2% |
| Distributable reserves | 133 | €9,469 | €11,851 | +€2,382 | +25.2% |
| Amounts payable | 17/49 | €13,790 | €10,000 | -€3,790 | -27.5% |
| Amounts payable after more than one year | 17 | €1,476 | €2,999 | +€1,523 | +103% |
| Other amounts payable | 178/9 | €1,476 | €2,999 | +€1,523 | +103% |
| Amounts payable within one year | 42/48 | €11,415 | €6,898 | -€4,518 | -39.6% |
| Financial debts | 43 | - | €4,397 | +€4,397 | |
| Credit institutions | 430/8 | - | €4,397 | +€4,397 | |
| Trade debts | 44 | €487 | €1,668 | +€1,181 | +242% |
| Suppliers | 440/4 | €487 | €1,668 | +€1,181 | +242% |
| Taxes, remuneration and social security | 45 | €10,327 | €250 | -€10,077 | -97.6% |
| Taxes | 450/3 | €10,327 | €250 | -€10,077 | -97.6% |
| Other amounts payable | 47/48 | €601 | €583 | -€18 | -3.0% |
| Accrued charges and deferred income | 492/3 | €898 | €104 | -€795 | -88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,714 | €3,189 | +€1,475 | +86.1% |
| Other operating charges | 640/8 | - | €601 | +€601 | |
| Gross operating margin | 9900 | €16,301 | €10,229 | -€6,071 | -37.2% |
| Operating profit (loss) | 9901 | €14,587 | €6,440 | -€8,147 | -55.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €42 | €489 | +€448 | +1,078% |
| Recurring financial charges | 65 | €42 | €489 | +€448 | +1,078% |
| Profit (loss) for the period before taxes | 9903 | €14,547 | €5,950 | -€8,597 | -59.1% |
| Income taxes | 67/77 | €4,219 | €2,735 | -€1,484 | -35.2% |
| Profit (loss) for the period | 9904 | €10,328 | €3,215 | -€7,112 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,328 | €3,215 | -€7,112 | -68.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.