LANDMEESTERS: 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.
LANDMEESTERS
Largest movements
- Receivables within one year +€31,692
up €31,692 (+113%), from €27,943 to €59,635
of which Trade receivables: +€38,960
- Cash -€11,618
down €11,618 (-58.5%), from €19,862 to €8,244
mainly Receivables within one year (-€31,692) and Deferred charges and accrued income (-€5,205)
- Deferred charges and accrued income +€5,205
up €5,205 (+2,479%), from €210 to €5,415
- Trade debts +€14,294
up €14,294 (+369%), from €3,878 to €18,172
- Profit (loss) carried forward +€8,031
up €8,031 (+22.8%), from €35,285 to €43,316
- Tax, wage and social debts +€2,956
up €2,956 (+428%), from €691 to €3,647
- Gross operating margin +€11,765
up €11,765 (+1,098%), from €1,072 to €12,837
- Taxes +€3,158
up €3,158 (+1,019%), from €310 to €3,468
- Other operating charges +€491
up €491 (+99.1%), from €495 to €986
- Financial charges +€210
up €210 (+148%), from €142 to €352
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 | €48,015 | €73,295 | +€25,280 | +52.7% |
| Current assets | 29/58 | €48,015 | €73,295 | +€25,280 | +52.7% |
| Amounts receivable within one year | 40/41 | €27,943 | €59,635 | +€31,692 | +113% |
| Trade receivables | 40 | €15,583 | €54,543 | +€38,960 | +250% |
| Other amounts receivable | 41 | €12,360 | €5,093 | -€7,267 | -58.8% |
| Cash at bank and in hand | 54/58 | €19,862 | €8,244 | -€11,618 | -58.5% |
| Deferred charges and accrued income | 490/1 | €210 | €5,415 | +€5,205 | +2,479% |
| Total equity and liabilities | 10/49 | €48,015 | €73,295 | +€25,280 | +52.7% |
| Equity | 10/15 | €43,445 | €51,476 | +€8,031 | +18.5% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,285 | €43,316 | +€8,031 | +22.8% |
| Amounts payable | 17/49 | €4,569 | €21,818 | +€17,249 | +378% |
| Amounts payable within one year | 42/48 | €4,569 | €21,818 | +€17,249 | +378% |
| Trade debts | 44 | €3,878 | €18,172 | +€14,294 | +369% |
| Suppliers | 440/4 | €3,878 | €18,172 | +€14,294 | +369% |
| Taxes, remuneration and social security | 45 | €691 | €3,647 | +€2,956 | +428% |
| Taxes | 450/3 | €691 | €3,647 | +€2,956 | +428% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €495 | €986 | +€491 | +99.1% |
| Gross operating margin | 9900 | €1,072 | €12,837 | +€11,765 | +1,098% |
| Operating profit (loss) | 9901 | €577 | €11,851 | +€11,274 | +1,955% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €142 | €352 | +€210 | +148% |
| Recurring financial charges | 65 | €142 | €352 | +€210 | +148% |
| Profit (loss) for the period before taxes | 9903 | €435 | €11,499 | +€11,064 | +2,546% |
| Income taxes | 67/77 | €310 | €3,468 | +€3,158 | +1,019% |
| Profit (loss) for the period | 9904 | €125 | €8,031 | +€7,906 | +6,344% |
| Profit (loss) for the period to be appropriated | 9905 | €125 | €8,031 | +€7,906 | +6,344% |
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 15 October 2026 via checked.be.