LANGENAKEN: 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.
LANGENAKEN
Largest movements
- Cash +€84,278
up €84,278 (+63.5%), from €132,800 to €217,078
mainly Trade debts (+€72,002) and Depreciation (+€69,898)
- Tangible fixed assets -€66,754
down €66,754 (-8.6%), from €771,859 to €705,105
of which Land and buildings: -€46,324
- Trade debts +€72,002
up €72,002 (+129%), from €55,968 to €127,970
- Debts after one year -€42,193
down €42,193 (-10.4%), from €406,744 to €364,550
- Accrued charges and deferred income -€21,756
down €21,756 (-77.4%), from €28,104 to €6,348
- Staff costs +€26,223
up €26,223 (+25.1%), from €104,659 to €130,882
- Taxes +€7,250
up €7,250 (+104%), from €6,996 to €14,246
- Gross operating margin -€4,561
down €4,561 (-1.5%), from €302,522 to €297,961
- Financial charges -€3,996
down €3,996 (-24.7%), from €16,170 to €12,174
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.
Derived cash bridge
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 | €1,206,997 | €1,222,865 | +€15,868 | +1.3% |
| Fixed assets | 21/28 | €771,859 | €705,105 | -€66,754 | -8.6% |
| Tangible fixed assets | 22/27 | €771,859 | €705,105 | -€66,754 | -8.6% |
| Land and buildings | 22 | €703,707 | €657,383 | -€46,324 | -6.6% |
| Plant, machinery and equipment | 23 | €49,124 | €41,750 | -€7,374 | -15.0% |
| Furniture and vehicles | 24 | €19,028 | €5,972 | -€13,056 | -68.6% |
| Current assets | 29/58 | €435,138 | €517,760 | +€82,622 | +19.0% |
| Stocks and contracts in progress | 3 | €210,339 | €199,804 | -€10,536 | -5.0% |
| Stocks | 30/36 | €210,339 | €199,804 | -€10,536 | -5.0% |
| Amounts receivable within one year | 40/41 | €89,552 | €91,543 | +€1,991 | +2.2% |
| Trade receivables | 40 | €89,547 | €81,453 | -€8,094 | -9.0% |
| Other amounts receivable | 41 | €4 | €10,089 | +€10,085 | +226,121% |
| Cash at bank and in hand | 54/58 | €132,800 | €217,078 | +€84,278 | +63.5% |
| Deferred charges and accrued income | 490/1 | €2,447 | €9,336 | +€6,888 | +281% |
| Total equity and liabilities | 10/49 | €1,206,997 | €1,222,865 | +€15,868 | +1.3% |
| Equity | 10/15 | €520,299 | €520,374 | +€74 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €501,699 | €501,774 | +€74 | 0.0% |
| Tax-exempt reserves | 132 | €8,002 | €8,002 | = | 0.0% |
| Distributable reserves | 133 | €493,697 | €493,771 | +€74 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €686,698 | €702,491 | +€15,794 | +2.3% |
| Amounts payable after more than one year | 17 | €406,744 | €364,550 | -€42,193 | -10.4% |
| Financial debts | 170/4 | €406,744 | €364,550 | -€42,193 | -10.4% |
| Amounts payable within one year | 42/48 | €251,850 | €331,593 | +€79,743 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €41,758 | €42,193 | +€435 | +1.0% |
| Trade debts | 44 | €55,968 | €127,970 | +€72,002 | +129% |
| Suppliers | 440/4 | €55,968 | €127,970 | +€72,002 | +129% |
| Advances received on contracts in progress | 46 | - | €1,410 | +€1,410 | |
| Taxes, remuneration and social security | 45 | €14,600 | €24,458 | +€9,858 | +67.5% |
| Taxes | 450/3 | €4,310 | €7,257 | +€2,947 | +68.4% |
| Remuneration and social security | 454/9 | €10,290 | €17,201 | +€6,911 | +67.2% |
| Other amounts payable | 47/48 | €139,524 | €135,562 | -€3,962 | -2.8% |
| Accrued charges and deferred income | 492/3 | €28,104 | €6,348 | -€21,756 | -77.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €104,659 | €130,882 | +€26,223 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,159 | €69,898 | -€2,261 | -3.1% |
| Other operating charges | 640/8 | €3,046 | €3,202 | +€156 | +5.1% |
| Gross operating margin | 9900 | €302,522 | €297,961 | -€4,561 | -1.5% |
| Operating profit (loss) | 9901 | €122,659 | €93,980 | -€28,678 | -23.4% |
| Financial income | 75/76B | €858 | €314 | -€544 | -63.4% |
| Recurring financial income | 75 | €858 | €314 | -€544 | -63.4% |
| Financial charges | 65/66B | €16,170 | €12,174 | -€3,996 | -24.7% |
| Recurring financial charges | 65 | €16,170 | €12,174 | -€3,996 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €107,347 | €82,120 | -€25,227 | -23.5% |
| Income taxes | 67/77 | €6,996 | €14,246 | +€7,250 | +104% |
| Profit (loss) for the period | 9904 | €100,351 | €67,874 | -€32,477 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €100,351 | €67,874 | -€32,477 | -32.4% |
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 24 October 2026 via checked.be.