Landroe: 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.
Landroe
Largest movements
- Receivables within one year +€272,779
up €272,779 (+82.7%), from €329,856 to €602,635
of which Trade receivables: +€232,194
- Stocks and contracts +€235,002
up €235,002 (+25.9%), from €906,740 to €1.1m
- Tangible fixed assets +€104,963
up €104,963 (+86.1%), from €121,864 to €226,826
of which Other tangible fixed assets: +€107,272
- Cash +€27,597
up €27,597 (+47.4%), from €58,280 to €85,877
mainly Trade debts (+€392,279) and Other debts (+€100,000)
- Trade debts +€392,279
up €392,279 (+40.7%), from €963,217 to €1.4m
- Other debts +€100,000
up €100,000 (+671%), from €14,895 to €114,895
- Tax, wage and social debts +€88,530
up €88,530 (+72.6%), from €121,912 to €210,442
of which Taxes: +€55,624
- Profit (loss) carried forward +€85,415
up €85,415, from -€83,713 to €1,703
- Gross operating margin +€222,835
up €222,835 (+61.9%), from €359,990 to €582,825
- Staff costs +€121,736
up €121,736 (+40.1%), from €303,945 to €425,682
- Other operating charges +€9,752
up €9,752 (+132%), from €7,387 to €17,139
- Depreciation +€8,382
up €8,382 (+42.2%), from €19,871 to €28,253
From the 30-09-2024 result to the 30-09-2025 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 30-09-2024 and 30-09-2025 balance sheets and the 30-09-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 30-09-2024 | 30-09-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,420,379 | €2,079,619 | +€659,240 | +46.4% |
| Fixed assets | 21/28 | €121,864 | €226,826 | +€104,963 | +86.1% |
| Tangible fixed assets | 22/27 | €121,864 | €226,826 | +€104,963 | +86.1% |
| Plant, machinery and equipment | 23 | €13,179 | €10,870 | -€2,309 | -17.5% |
| Other tangible fixed assets | 26 | €108,685 | €215,957 | +€107,272 | +98.7% |
| Current assets | 29/58 | €1,298,515 | €1,852,793 | +€554,278 | +42.7% |
| Stocks and contracts in progress | 3 | €906,740 | €1,141,743 | +€235,002 | +25.9% |
| Stocks | 30/36 | €906,740 | €1,141,743 | +€235,002 | +25.9% |
| Amounts receivable within one year | 40/41 | €329,856 | €602,635 | +€272,779 | +82.7% |
| Trade receivables | 40 | €233,699 | €465,893 | +€232,194 | +99.4% |
| Other amounts receivable | 41 | €96,157 | €136,742 | +€40,586 | +42.2% |
| Cash at bank and in hand | 54/58 | €58,280 | €85,877 | +€27,597 | +47.4% |
| Deferred charges and accrued income | 490/1 | €3,639 | €22,538 | +€18,899 | +519% |
| Total equity and liabilities | 10/49 | €1,420,379 | €2,079,619 | +€659,240 | +46.4% |
| Equity | 10/15 | -€77,513 | €7,903 | +€85,415 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,713 | €1,703 | +€85,415 | |
| Amounts payable | 17/49 | €1,497,892 | €2,071,717 | +€573,825 | +38.3% |
| Amounts payable after more than one year | 17 | €225,827 | €214,847 | -€10,979 | -4.9% |
| Financial debts | 170/4 | €225,827 | €214,847 | -€10,979 | -4.9% |
| Amounts payable within one year | 42/48 | €1,272,065 | €1,856,869 | +€584,804 | +46.0% |
| Current portion of amounts payable after more than one year | 42 | €172,042 | €175,979 | +€3,938 | +2.3% |
| Financial debts | 43 | - | €58 | +€58 | |
| Credit institutions | 430/8 | - | €58 | +€58 | |
| Trade debts | 44 | €963,217 | €1,355,496 | +€392,279 | +40.7% |
| Suppliers | 440/4 | €963,217 | €1,355,496 | +€392,279 | +40.7% |
| Taxes, remuneration and social security | 45 | €121,912 | €210,442 | +€88,530 | +72.6% |
| Taxes | 450/3 | €99,877 | €155,501 | +€55,624 | +55.7% |
| Remuneration and social security | 454/9 | €22,035 | €54,941 | +€32,906 | +149% |
| Other amounts payable | 47/48 | €14,895 | €114,895 | +€100,000 | +671% |
| Remuneration, social security and pensions | 62 | €303,945 | €425,682 | +€121,736 | +40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,871 | €28,253 | +€8,382 | +42.2% |
| Other operating charges | 640/8 | €7,387 | €17,139 | +€9,752 | +132% |
| Gross operating margin | 9900 | €359,990 | €582,825 | +€222,835 | +61.9% |
| Operating profit (loss) | 9901 | €28,787 | €111,751 | +€82,964 | +288% |
| Financial income | 75/76B | €4 | €108 | +€104 | +2,716% |
| Recurring financial income | 75 | €4 | €108 | +€104 | +2,716% |
| Financial charges | 65/66B | €25,981 | €26,086 | +€105 | +0.4% |
| Recurring financial charges | 65 | €25,981 | €26,086 | +€105 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €2,810 | €85,773 | +€82,963 | +2,953% |
| Income taxes | 67/77 | €122 | €358 | +€235 | +192% |
| Profit (loss) for the period | 9904 | €2,687 | €85,415 | +€82,728 | +3,079% |
| Profit (loss) for the period to be appropriated | 9905 | €2,687 | €85,415 | +€82,728 | +3,079% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.