Landwijzer: what changed
What changed
Landwijzer
NACE 85.592, Vocational training
filed annual accounts (NBB)
Net result for the year
€18,514
2022 · €48,522-€30,008
Equity
€433,817
2022 · €415,302+€18,514
Cash
€239,005
2022 · €261,018-€22,013
Balance sheet total
€683,758
2022 · €605,803+€77,955
Largest movements
Assets
- Receivables within one year +€105,608
up €105,608 (+33.7%), from €313,760 to €419,368
of which Other amounts receivable: +€108,240
- Cash -€22,013
down €22,013 (-8.4%), from €261,018 to €239,005
mainly Receivables within one year (-€105,608) and Accrued charges and deferred income (-€2,603)
Equity and liabilities
- Tax, wage and social debts +€32,538
up €32,538 (+73.1%), from €44,517 to €77,054
- Trade debts +€31,156
up €31,156 (+40.4%), from €77,129 to €108,285
- Profit (loss) carried forward +€18,514
up €18,514 (+5.0%), from €372,155 to €390,669
Income statement
- Gross operating margin -€29,634
down €29,634 (-6.5%), from €455,492 to €425,857
Change in the result, 2022 to 2023
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 2022
€48,522
Gross operating margin
-€29,634
Staff costs
+€145
Depreciation
+€2,003
Other operating charges
-€2,830
Other operating items
-€50
Financial income
+€282
Financial charges
+€77
Result 2023
€18,514
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€20,363
Investment
€0
Financing
-€1,650
Cash 2022
€261,018
From operations (derived)
-€20,363
Net result for the year
+€18,514
Depreciation
+€6,521
Receivables within one year
-€105,608
Deferred charges and accrued income
-€881
Trade debts
+€31,156
Tax, wage and social debts
+€32,538
Accrued charges and deferred income
-€2,603
Financing
-€1,650
Current portion of long-term debt
-€1,650
Cash 2023
€239,005
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €605,803 | €683,758 | +€77,955 | +12.9% |
| Fixed assets | 21/28 | €27,861 | €21,340 | -€6,521 | -23.4% |
| Tangible fixed assets | 22/27 | €25,160 | €18,639 | -€6,521 | -25.9% |
| Land and buildings | 22 | €21,227 | €15,272 | -€5,955 | -28.1% |
| Plant, machinery and equipment | 23 | €3,933 | €3,367 | -€566 | -14.4% |
| Financial fixed assets | 28 | €2,701 | €2,701 | = | 0.0% |
| Current assets | 29/58 | €577,942 | €662,418 | +€84,476 | +14.6% |
| Amounts receivable within one year | 40/41 | €313,760 | €419,368 | +€105,608 | +33.7% |
| Trade receivables | 40 | €11,134 | €8,502 | -€2,632 | -23.6% |
| Other amounts receivable | 41 | €302,626 | €410,866 | +€108,240 | +35.8% |
| Cash at bank and in hand | 54/58 | €261,018 | €239,005 | -€22,013 | -8.4% |
| Deferred charges and accrued income | 490/1 | €3,164 | €4,045 | +€881 | +27.8% |
| Total equity and liabilities | 10/49 | €605,803 | €683,758 | +€77,955 | +12.9% |
| Equity | 10/15 | €415,302 | €433,817 | +€18,514 | +4.5% |
| Contributions | 10/11 | €43,147 | €43,147 | = | 0.0% |
| Capital | 10 | €43,147 | €43,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | €372,155 | €390,669 | +€18,514 | +5.0% |
| Amounts payable | 17/49 | €190,501 | €249,941 | +€59,440 | +31.2% |
| Amounts payable within one year | 42/48 | €123,296 | €185,339 | +€62,044 | +50.3% |
| Current portion of amounts payable after more than one year | 42 | €1,650 | - | -€1,650 | |
| Trade debts | 44 | €77,129 | €108,285 | +€31,156 | +40.4% |
| Suppliers | 440/4 | €77,129 | €108,285 | +€31,156 | +40.4% |
| Taxes, remuneration and social security | 45 | €44,517 | €77,054 | +€32,538 | +73.1% |
| Remuneration and social security | 454/9 | €44,517 | €77,054 | +€32,538 | +73.1% |
| Accrued charges and deferred income | 492/3 | €67,205 | €64,602 | -€2,603 | -3.9% |
| Non-recurring operating income | 76A | €3,407 | €209 | -€3,197 | -93.9% |
| Remuneration, social security and pensions | 62 | €397,851 | €397,706 | -€145 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,524 | €6,521 | -€2,003 | -23.5% |
| Other operating charges | 640/8 | - | €2,830 | +€2,830 | |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Gross operating margin | 9900 | €455,492 | €425,857 | -€29,634 | -6.5% |
| Operating profit (loss) | 9901 | €49,117 | €18,751 | -€30,367 | -61.8% |
| Financial income | 75/76B | €93 | €375 | +€282 | +304% |
| Recurring financial income | 75 | €93 | €375 | +€282 | +304% |
| Financial charges | 65/66B | €688 | €611 | -€77 | -11.2% |
| Recurring financial charges | 65 | €688 | €611 | -€77 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €48,522 | €18,514 | -€30,008 | -61.8% |
| Profit (loss) for the period | 9904 | €48,522 | €18,514 | -€30,008 | -61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,522 | €18,514 | -€30,008 | -61.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.