Landworx: 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.
Landworx
Largest movements
- Tangible fixed assets +€165,724
up €165,724 (+2,657%), from €6,236 to €171,960
of which Land and buildings: +€168,363
- Cash +€35,281
up €35,281 (+106%), from €33,282 to €68,563
mainly Debts after one year (+€143,089) and Net result for the year (+€36,421)
- Receivables within one year -€4,618
down €4,618 (-15.4%), from €29,985 to €25,366
of which Trade receivables: -€8,834
- Debts after one year +€143,089
new in 2024: €143,089
- Profit (loss) carried forward +€36,421
up €36,421 (+80.7%), from €45,152 to €81,573
- Tax, wage and social debts +€8,522
up €8,522 (+35.9%), from €23,732 to €32,254
- Current portion of long-term debt +€5,215
new in 2024: €5,215
- Trade debts +€3,139
up €3,139 (+2,633%), from €119 to €3,258
- Gross operating margin +€8,634
up €8,634 (+17.6%), from €48,942 to €57,576
- Financial charges +€4,878
up €4,878 (+4,679%), from €104 to €4,982
- Depreciation +€4,164
up €4,164 (+260%), from €1,601 to €5,765
- Taxes -€692
down €692 (-6.0%), from €11,461 to €10,770
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,503 | €265,889 | +€196,386 | +283% |
| Fixed assets | 21/28 | €6,236 | €171,960 | +€165,724 | +2,657% |
| Tangible fixed assets | 22/27 | €6,236 | €171,960 | +€165,724 | +2,657% |
| Land and buildings | 22 | - | €168,363 | +€168,363 | |
| Furniture and vehicles | 24 | €6,236 | €3,597 | -€2,639 | -42.3% |
| Current assets | 29/58 | €63,267 | €93,929 | +€30,662 | +48.5% |
| Amounts receivable within one year | 40/41 | €29,985 | €25,366 | -€4,618 | -15.4% |
| Trade receivables | 40 | €22,117 | €13,283 | -€8,834 | -39.9% |
| Other amounts receivable | 41 | €7,868 | €12,083 | +€4,215 | +53.6% |
| Cash at bank and in hand | 54/58 | €33,282 | €68,563 | +€35,281 | +106% |
| Total equity and liabilities | 10/49 | €69,503 | €265,889 | +€196,386 | +283% |
| Equity | 10/15 | €45,652 | €82,073 | +€36,421 | +79.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,152 | €81,573 | +€36,421 | +80.7% |
| Amounts payable | 17/49 | €23,852 | €183,816 | +€159,965 | +671% |
| Amounts payable after more than one year | 17 | - | €143,089 | +€143,089 | |
| Financial debts | 170/4 | - | €143,089 | +€143,089 | |
| Amounts payable within one year | 42/48 | €23,852 | €40,728 | +€16,876 | +70.8% |
| Current portion of amounts payable after more than one year | 42 | - | €5,215 | +€5,215 | |
| Trade debts | 44 | €119 | €3,258 | +€3,139 | +2,633% |
| Suppliers | 440/4 | €119 | €3,258 | +€3,139 | +2,633% |
| Taxes, remuneration and social security | 45 | €23,732 | €32,254 | +€8,522 | +35.9% |
| Taxes | 450/3 | €23,732 | €32,254 | +€8,522 | +35.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,601 | €5,765 | +€4,164 | +260% |
| Other operating charges | 640/8 | €215 | €353 | +€138 | +64.3% |
| Gross operating margin | 9900 | €48,942 | €57,576 | +€8,634 | +17.6% |
| Operating profit (loss) | 9901 | €47,126 | €51,458 | +€4,332 | +9.2% |
| Financial income | 75/76B | €217 | €715 | +€498 | +229% |
| Recurring financial income | 75 | €217 | €715 | +€498 | +229% |
| Financial charges | 65/66B | €104 | €4,982 | +€4,878 | +4,679% |
| Recurring financial charges | 65 | €104 | €4,982 | +€4,878 | +4,679% |
| Profit (loss) for the period before taxes | 9903 | €47,239 | €47,191 | -€48 | -0.1% |
| Income taxes | 67/77 | €11,461 | €10,770 | -€692 | -6.0% |
| Profit (loss) for the period | 9904 | €35,778 | €36,421 | +€644 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,778 | €36,421 | +€644 | +1.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.