LANDO: 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.
LANDO
Largest movements
- Current investments +€231,738
up €231,738 (+23.2%), from €1.0m to €1.2m
- Deferred charges and accrued income -€223,890
down €223,890 (-99.7%), from €224,668 to €778
- Cash +€118,829
up €118,829 (+147.2%), from €80,746 to €199,575
mainly Debts after one year (+€294,098) and Deferred charges and accrued income (+€223,890)
- Debts after one year +€294,098
up €294,098 (+11.7%), from €2.5m to €2.8m
- Profit (loss) carried forward -€209,364
down €209,364 (-15.6%), from -€1.3m to -€1.5m
- Gross operating margin -€264,278
down €264,278 (-97.0%), from €272,330 to €8,053
- Depreciation +€10,562
up €10,562 (+5.4%), from €194,732 to €205,294
- Staff costs +€5,537
new in 2025: €5,537
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 | €5,188,269 | €5,275,596 | +€87,327 | +1.7% |
| Fixed assets | 21/28 | €3,872,855 | €3,833,505 | -€39,350 | -1.0% |
| Tangible fixed assets | 22/27 | €3,810,355 | €3,771,005 | -€39,350 | -1.0% |
| Land and buildings | 22 | €3,810,355 | €3,771,005 | -€39,350 | -1.0% |
| Financial fixed assets | 28 | €62,500 | €62,500 | = | 0.0% |
| Current assets | 29/58 | €1,315,414 | €1,442,091 | +€126,677 | +9.6% |
| Amounts receivable within one year | 40/41 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Current investments | 50/53 | €1,000,000 | €1,231,738 | +€231,738 | +23.2% |
| Cash at bank and in hand | 54/58 | €80,746 | €199,575 | +€118,829 | +147.2% |
| Deferred charges and accrued income | 490/1 | €224,668 | €778 | -€223,890 | -99.7% |
| Total equity and liabilities | 10/49 | €5,188,269 | €5,275,596 | +€87,327 | +1.7% |
| Equity | 10/15 | €2,660,456 | €2,451,093 | -€209,364 | -7.9% |
| Contributions | 10/11 | €4,000,000 | €4,000,000 | = | 0.0% |
| Capital | 10 | €4,000,000 | €4,000,000 | = | 0.0% |
| Issued capital | 100 | €4,000,000 | €4,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,339,544 | -€1,548,907 | -€209,364 | -15.6% |
| Amounts payable | 17/49 | €2,527,813 | €2,824,503 | +€296,691 | +11.7% |
| Amounts payable after more than one year | 17 | €2,522,764 | €2,816,862 | +€294,098 | +11.7% |
| Other amounts payable | 178/9 | €2,522,764 | €2,816,862 | +€294,098 | +11.7% |
| Amounts payable within one year | 42/48 | €5,049 | €7,641 | +€2,593 | +51.4% |
| Trade debts | 44 | €3,858 | €5,572 | +€1,714 | +44.4% |
| Suppliers | 440/4 | €3,858 | €5,572 | +€1,714 | +44.4% |
| Taxes, remuneration and social security | 45 | €1,191 | €2,069 | +€878 | +73.7% |
| Taxes | 450/3 | €1,191 | €1,689 | +€498 | +41.8% |
| Remuneration and social security | 454/9 | - | €380 | +€380 | |
| Remuneration, social security and pensions | 62 | - | €5,537 | +€5,537 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194,732 | €205,294 | +€10,562 | +5.4% |
| Other operating charges | 640/8 | €6,001 | €6,354 | +€353 | +5.9% |
| Gross operating margin | 9900 | €272,330 | €8,053 | -€264,278 | -97.0% |
| Operating profit (loss) | 9901 | €71,597 | -€209,132 | -€280,730 | |
| Financial charges | 65/66B | €200 | €232 | +€32 | +15.8% |
| Recurring financial charges | 65 | €200 | €232 | +€32 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €71,397 | -€209,364 | -€280,761 | |
| Profit (loss) for the period | 9904 | €71,397 | -€209,364 | -€280,761 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,397 | -€209,364 | -€280,761 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.