LANDUYT ELECTRO: what changed
What changed
LANDUYT ELECTRO
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€74,025
2024 · €101,659-€27,633
Equity
€500,955
2024 · €479,930+€21,025
Cash
€86,484
2024 · €595,653-€509,169
Balance sheet total
€611,028
2024 · €672,955-€61,927
Largest movements
Assets
- Cash -€509,169
down €509,169 (-85.5%), from €595,653 to €86,484
mainly Current investments (-€405,000) and Other debts (-€97,027)
- Current investments +€405,000
new in 2025: €405,000
- Receivables within one year +€40,184
up €40,184 (+98.2%), from €40,940 to €81,124
of which Trade receivables: +€31,781
Equity and liabilities
- Other debts -€97,027
down €97,027 (-58.0%), from €167,211 to €70,184
- Reserves +€21,000
up €21,000 (+5.2%), from €401,700 to €422,700
- Trade debts +€19,071
up €19,071 (+380%), from €5,024 to €24,095
Income statement
- Gross operating margin -€44,740
down €44,740 (-30.3%), from €147,850 to €103,111
- Taxes -€12,870
down €12,870 (-31.5%), from €40,827 to €27,957
- Financial income +€2,597
up €2,597 (+268%), from €969 to €3,566
- Depreciation -€1,901
down €1,901 (-41.8%), from €4,551 to €2,650
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€101,659
Gross operating margin
-€44,740
Depreciation
+€1,901
Other operating charges
-€397
Financial income
+€2,597
Financial charges
+€136
Taxes
+€12,870
Result 2025
€74,025
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€51,169
Investment
-€405,000
Financing
-€53,000
Cash 2024
€595,653
From operations (derived)
-€51,169
Net result for the year
+€74,025
Depreciation
+€2,650
Stocks and contracts
-€4,432
Receivables within one year
-€40,184
Smaller working-capital items
-€343
Trade debts
+€19,071
Tax, wage and social debts
-€4,930
Other debts
-€97,027
Investment (derived)
-€405,000
Current investments
-€405,000
Financing
-€53,000
Contributions, distributions and other
-€53,000
Cash 2025
€86,484
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €672,955 | €611,028 | -€61,927 | -9.2% |
| Fixed assets | 21/28 | €2,650 | - | -€2,650 | |
| Tangible fixed assets | 22/27 | €2,650 | - | -€2,650 | |
| Furniture and vehicles | 24 | €2,650 | - | -€2,650 | |
| Current assets | 29/58 | €670,304 | €611,028 | -€59,277 | -8.8% |
| Stocks and contracts in progress | 3 | €28,281 | €32,712 | +€4,432 | +15.7% |
| Stocks | 30/36 | €8,281 | €8,418 | +€138 | +1.7% |
| Contracts in progress | 37 | €20,000 | €24,294 | +€4,294 | +21.5% |
| Amounts receivable within one year | 40/41 | €40,940 | €81,124 | +€40,184 | +98.2% |
| Trade receivables | 40 | €33,096 | €64,877 | +€31,781 | +96.0% |
| Other amounts receivable | 41 | €7,844 | €16,247 | +€8,403 | +107% |
| Current investments | 50/53 | - | €405,000 | +€405,000 | |
| Cash at bank and in hand | 54/58 | €595,653 | €86,484 | -€509,169 | -85.5% |
| Deferred charges and accrued income | 490/1 | €5,430 | €5,707 | +€277 | +5.1% |
| Total equity and liabilities | 10/49 | €672,955 | €611,028 | -€61,927 | -9.2% |
| Equity | 10/15 | €479,930 | €500,955 | +€21,025 | +4.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €401,700 | €422,700 | +€21,000 | +5.2% |
| Distributable reserves | 133 | €401,700 | €422,700 | +€21,000 | +5.2% |
| Profit (loss) carried forward | 14 | €53,230 | €53,255 | +€25 | 0.0% |
| Amounts payable | 17/49 | €193,025 | €110,073 | -€82,952 | -43.0% |
| Amounts payable within one year | 42/48 | €189,741 | €106,855 | -€82,886 | -43.7% |
| Trade debts | 44 | €5,024 | €24,095 | +€19,071 | +380% |
| Suppliers | 440/4 | €5,024 | €24,095 | +€19,071 | +380% |
| Taxes, remuneration and social security | 45 | €17,506 | €12,576 | -€4,930 | -28.2% |
| Taxes | 450/3 | €13,106 | €10,376 | -€2,730 | -20.8% |
| Remuneration and social security | 454/9 | €4,400 | €2,200 | -€2,200 | -50.0% |
| Other amounts payable | 47/48 | €167,211 | €70,184 | -€97,027 | -58.0% |
| Accrued charges and deferred income | 492/3 | €3,284 | €3,218 | -€67 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,551 | €2,650 | -€1,901 | -41.8% |
| Other operating charges | 640/8 | €373 | €770 | +€397 | +107% |
| Gross operating margin | 9900 | €147,850 | €103,111 | -€44,740 | -30.3% |
| Operating profit (loss) | 9901 | €142,926 | €99,691 | -€43,236 | -30.3% |
| Financial income | 75/76B | €969 | €3,566 | +€2,597 | +268% |
| Recurring financial income | 75 | €969 | €3,566 | +€2,597 | +268% |
| Financial charges | 65/66B | €1,410 | €1,274 | -€136 | -9.6% |
| Recurring financial charges | 65 | €1,410 | €1,274 | -€136 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €142,486 | €101,982 | -€40,504 | -28.4% |
| Income taxes | 67/77 | €40,827 | €27,957 | -€12,870 | -31.5% |
| Profit (loss) for the period | 9904 | €101,659 | €74,025 | -€27,633 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €101,659 | €74,025 | -€27,633 | -27.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.