LANDRADA: 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.
LANDRADA
Largest movements
- Receivables within one year +€5,689
up €5,689 (+7.3%), from €77,767 to €83,455
of which Other amounts receivable: +€5,801
- Cash +€3,969
up €3,969 (+5.5%), from €71,738 to €75,707
mainly Short-term financial debts (+€10,446) and Trade debts (+€2,139)
- Short-term financial debts +€10,446
new in 2025: €10,446
- Profit (loss) carried forward -€2,311
down €2,311, from €372 to -€1,939
- Trade debts +€2,139
up €2,139 (+49.3%), from €4,338 to €6,477
- Gross operating margin -€124,410
down €124,410, from €119,795 to -€4,616
- Staff costs -€58,271
down €58,271, from €57,621 to -€650
- Depreciation -€10,501
down €10,501 (-97.8%), from €10,740 to €239
- Taxes -€6,040
down €6,040 (-100.0%), from €6,040 to €0
- Financial income +€4,279
up €4,279 (+4443.9%), from €96 to €4,376
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 | €177,655 | €186,711 | +€9,057 | +5.1% |
| Fixed assets | 21/28 | €1,749 | €1,147 | -€602 | -34.4% |
| Tangible fixed assets | 22/27 | €1,136 | €897 | -€239 | -21.1% |
| Land and buildings | 22 | €840 | €707 | -€133 | -15.8% |
| Plant, machinery and equipment | 23 | €297 | €190 | -€106 | -35.8% |
| Financial fixed assets | 28 | €613 | €250 | -€363 | -59.2% |
| Current assets | 29/58 | €175,905 | €185,565 | +€9,659 | +5.5% |
| Stocks and contracts in progress | 3 | €26,217 | €26,217 | = | 0.0% |
| Stocks | 30/36 | €26,217 | €26,217 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €77,767 | €83,455 | +€5,689 | +7.3% |
| Trade receivables | 40 | €112 | €0 | -€112 | -100.0% |
| Other amounts receivable | 41 | €77,654 | €83,455 | +€5,801 | +7.5% |
| Cash at bank and in hand | 54/58 | €71,738 | €75,707 | +€3,969 | +5.5% |
| Deferred charges and accrued income | 490/1 | €184 | €186 | +€2 | +0.9% |
| Total equity and liabilities | 10/49 | €177,655 | €186,711 | +€9,057 | +5.1% |
| Equity | 10/15 | €123,372 | €121,061 | -€2,311 | -1.9% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Reserves | 13 | €90,000 | €90,000 | = | 0.0% |
| Distributable reserves | 133 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €372 | -€1,939 | -€2,311 | |
| Amounts payable | 17/49 | €54,282 | €65,650 | +€11,368 | +20.9% |
| Amounts payable after more than one year | 17 | €3,150 | €3,150 | = | 0.0% |
| Other amounts payable | 178/9 | €3,150 | €3,150 | = | 0.0% |
| Amounts payable within one year | 42/48 | €51,132 | €62,500 | +€11,368 | +22.2% |
| Financial debts | 43 | - | €10,446 | +€10,446 | |
| Credit institutions | 430/8 | - | €10,446 | +€10,446 | |
| Trade debts | 44 | €4,338 | €6,477 | +€2,139 | +49.3% |
| Suppliers | 440/4 | €4,338 | €6,477 | +€2,139 | +49.3% |
| Advances received on contracts in progress | 46 | €112 | €0 | -€112 | -100.0% |
| Taxes, remuneration and social security | 45 | €6,682 | €5,577 | -€1,105 | -16.5% |
| Taxes | 450/3 | €6,682 | €5,577 | -€1,105 | -16.5% |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €57,621 | -€650 | -€58,271 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,740 | €239 | -€10,501 | -97.8% |
| Other operating charges | 640/8 | €1,088 | €496 | -€592 | -54.4% |
| Gross operating margin | 9900 | €119,795 | -€4,616 | -€124,410 | |
| Operating profit (loss) | 9901 | €50,345 | -€4,701 | -€55,046 | |
| Financial income | 75/76B | €96 | €4,376 | +€4,279 | +4443.9% |
| Recurring financial income | 75 | €96 | €4,376 | +€4,279 | +4443.9% |
| Financial charges | 65/66B | €5,180 | €1,986 | -€3,194 | -61.7% |
| Recurring financial charges | 65 | €5,180 | €1,986 | -€3,194 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | €45,261 | -€2,311 | -€47,572 | |
| Income taxes | 67/77 | €6,040 | €0 | -€6,040 | -100.0% |
| Profit (loss) for the period | 9904 | €39,221 | -€2,311 | -€41,532 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,221 | -€2,311 | -€41,532 |
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 12 October 2026 via checked.be.