LANDPART: 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.
LANDPART
Largest movements
- Tangible fixed assets -€12,324
down €12,324 (-3.1%), from €393,180 to €380,856
- Debts after one year -€19,880
down €19,880 (-20.6%), from €96,345 to €76,465
- Other debts +€5,800
up €5,800 (+1.8%), from €324,977 to €330,777
- Gross operating margin +€4,263
up €4,263 (+29.8%), from €14,294 to €18,557
- Other operating charges +€1,305
up €1,305 (+56.6%), from €2,305 to €3,610
- Financial charges -€571
down €571 (-11.7%), from €4,867 to €4,296
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 | €397,770 | €382,707 | -€15,063 | -3.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €393,180 | €380,856 | -€12,324 | -3.1% |
| Tangible fixed assets | 22/27 | €393,180 | €380,856 | -€12,324 | -3.1% |
| Land and buildings | 22 | €393,180 | €380,856 | -€12,324 | -3.1% |
| Current assets | 29/58 | €4,591 | €1,851 | -€2,739 | -59.7% |
| Amounts receivable within one year | 40/41 | €3,841 | - | -€3,841 | |
| Trade receivables | 40 | €3,841 | - | -€3,841 | |
| Cash at bank and in hand | 54/58 | €749 | €1,851 | +€1,102 | +147% |
| Total equity and liabilities | 10/49 | €397,770 | €382,707 | -€15,063 | -3.8% |
| Equity | 10/15 | -€42,742 | -€44,415 | -€1,673 | -3.9% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,742 | -€80,415 | -€1,673 | -2.1% |
| Amounts payable | 17/49 | €440,512 | €427,122 | -€13,391 | -3.0% |
| Amounts payable after more than one year | 17 | €96,345 | €76,465 | -€19,880 | -20.6% |
| Financial debts | 170/4 | €96,345 | €76,465 | -€19,880 | -20.6% |
| Amounts payable within one year | 42/48 | €344,168 | €350,657 | +€6,489 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €19,191 | €19,880 | +€689 | +3.6% |
| Other amounts payable | 47/48 | €324,977 | €330,777 | +€5,800 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,324 | €12,324 | = | 0.0% |
| Other operating charges | 640/8 | €2,305 | €3,610 | +€1,305 | +56.6% |
| Gross operating margin | 9900 | €14,294 | €18,557 | +€4,263 | +29.8% |
| Operating profit (loss) | 9901 | -€335 | €2,623 | +€2,959 | |
| Financial charges | 65/66B | €4,867 | €4,296 | -€571 | -11.7% |
| Recurring financial charges | 65 | €4,867 | €4,296 | -€571 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,202 | -€1,673 | +€3,529 | +67.8% |
| Profit (loss) for the period | 9904 | -€5,202 | -€1,673 | +€3,529 | +67.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,202 | -€1,673 | +€3,529 | +67.8% |
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 19 October 2026 via checked.be.