Landmeter Soenen: 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.
Landmeter Soenen
Largest movements
- Current investments +€10,739
up €10,739 (+19.3%), from €55,628 to €66,367
- Receivables within one year +€8,712
up €8,712 (+152%), from €5,736 to €14,448
of which Trade receivables: +€9,436
- Cash -€3,280
down €3,280 (-99.7%), from €3,290 to €9
mainly Contributions, distributions and other (-€14,556) and Current investments (-€10,739)
- Tangible fixed assets -€1,127
down €1,127 (-24.8%), from €4,545 to €3,418
- Reserves +€13,021
up €13,021 (+38.9%), from €33,453 to €46,474
- Tax, wage and social debts +€2,813
up €2,813 (+37.3%), from €7,542 to €10,355
- Gross operating margin +€3,716
up €3,716 (+11.4%), from €32,640 to €36,356
- Financial income -€3,698
down €3,698 (-55.2%), from €6,699 to €3,001
- Depreciation -€2,998
down €2,998 (-72.7%), from €4,125 to €1,127
- Taxes +€774
up €774 (+12.7%), from €6,086 to €6,860
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 | €70,690 | €86,205 | +€15,515 | +21.9% |
| Fixed assets | 21/28 | €4,545 | €3,418 | -€1,127 | -24.8% |
| Tangible fixed assets | 22/27 | €4,545 | €3,418 | -€1,127 | -24.8% |
| Plant, machinery and equipment | 23 | €4,545 | €3,418 | -€1,127 | -24.8% |
| Current assets | 29/58 | €66,146 | €82,787 | +€16,641 | +25.2% |
| Amounts receivable within one year | 40/41 | €5,736 | €14,448 | +€8,712 | +152% |
| Trade receivables | 40 | €4,983 | €14,418 | +€9,436 | +189% |
| Other amounts receivable | 41 | €753 | €29 | -€724 | -96.1% |
| Current investments | 50/53 | €55,628 | €66,367 | +€10,739 | +19.3% |
| Cash at bank and in hand | 54/58 | €3,290 | €9 | -€3,280 | -99.7% |
| Deferred charges and accrued income | 490/1 | €1,492 | €1,962 | +€470 | +31.5% |
| Total equity and liabilities | 10/49 | €70,690 | €86,205 | +€15,515 | +21.9% |
| Equity | 10/15 | €52,053 | €65,074 | +€13,021 | +25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,453 | €46,474 | +€13,021 | +38.9% |
| Distributable reserves | 133 | €33,453 | €46,474 | +€13,021 | +38.9% |
| Amounts payable | 17/49 | €18,637 | €21,131 | +€2,494 | +13.4% |
| Amounts payable within one year | 42/48 | €18,637 | €21,131 | +€2,494 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €5,291 | €5,026 | -€264 | -5.0% |
| Financial debts | 43 | €19 | - | -€19 | |
| Credit institutions | 430/8 | €19 | - | -€19 | |
| Trade debts | 44 | €5,786 | €5,750 | -€36 | -0.6% |
| Suppliers | 440/4 | €5,786 | €5,750 | -€36 | -0.6% |
| Taxes, remuneration and social security | 45 | €7,542 | €10,355 | +€2,813 | +37.3% |
| Taxes | 450/3 | €7,542 | €10,355 | +€2,813 | +37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,125 | €1,127 | -€2,998 | -72.7% |
| Other operating charges | 640/8 | €1,290 | €1,428 | +€138 | +10.7% |
| Gross operating margin | 9900 | €32,640 | €36,356 | +€3,716 | +11.4% |
| Operating profit (loss) | 9901 | €27,225 | €33,802 | +€6,577 | +24.2% |
| Financial income | 75/76B | €6,699 | €3,001 | -€3,698 | -55.2% |
| Recurring financial income | 75 | €6,699 | €3,001 | -€3,698 | -55.2% |
| Financial charges | 65/66B | €2,472 | €2,366 | -€106 | -4.3% |
| Recurring financial charges | 65 | €2,472 | €2,366 | -€106 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €31,452 | €34,436 | +€2,985 | +9.5% |
| Income taxes | 67/77 | €6,086 | €6,860 | +€774 | +12.7% |
| Profit (loss) for the period | 9904 | €25,366 | €27,577 | +€2,210 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,366 | €27,577 | +€2,210 | +8.7% |
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 24 October 2026 via checked.be.