LANGENS-HOEVE: 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.
LANGENS-HOEVE
Largest movements
- Tangible fixed assets -€72,172
down €72,172 (-14.5%), from €496,706 to €424,534
- Current investments +€51,174
up €51,174 (+25.5%), from €200,680 to €251,854
- Deferred charges and accrued income +€40,608
up €40,608 (+443.6%), from €9,155 to €49,763
- Cash -€12,827
down €12,827 (-37.7%), from €34,044 to €21,217
mainly Contributions, distributions and other (-€125,097) and Current investments (-€51,174)
- Receivables within one year -€12,710
down €12,710 (-10.9%), from €116,334 to €103,624
of which Trade receivables: -€10,843
- Debts after one year -€25,230
down €25,230 (-26.3%), from €95,865 to €70,635
of which Financial debts: -€25,230
- Other debts +€18,316
up €18,316 (+37.0%), from €49,533 to €67,849
- Gross operating margin -€79,897
down €79,897 (-21.7%), from €367,757 to €287,861
- Taxes +€16,537
up €16,537 (+36.4%), from €45,494 to €62,031
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.
Cash bridge derived
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 | €1,135,107 | €1,136,196 | +€1,089 | +0.1% |
| Fixed assets | 21/28 | €557,502 | €485,330 | -€72,172 | -12.9% |
| Intangible fixed assets | 21 | €60,797 | €60,797 | = | 0.0% |
| Tangible fixed assets | 22/27 | €496,706 | €424,534 | -€72,172 | -14.5% |
| Land and buildings | 22 | €331,618 | €297,193 | -€34,425 | -10.4% |
| Plant, machinery and equipment | 23 | €119,504 | €107,175 | -€12,329 | -10.3% |
| Furniture and vehicles | 24 | €45,583 | €20,166 | -€25,418 | -55.8% |
| Current assets | 29/58 | €577,604 | €650,865 | +€73,261 | +12.7% |
| Stocks and contracts in progress | 3 | €217,391 | €224,407 | +€7,016 | +3.2% |
| Stocks | 30/36 | €217,391 | €224,407 | +€7,016 | +3.2% |
| Amounts receivable within one year | 40/41 | €116,334 | €103,624 | -€12,710 | -10.9% |
| Trade receivables | 40 | €60,803 | €49,960 | -€10,843 | -17.8% |
| Other amounts receivable | 41 | €55,531 | €53,664 | -€1,868 | -3.4% |
| Current investments | 50/53 | €200,680 | €251,854 | +€51,174 | +25.5% |
| Cash at bank and in hand | 54/58 | €34,044 | €21,217 | -€12,827 | -37.7% |
| Deferred charges and accrued income | 490/1 | €9,155 | €49,763 | +€40,608 | +443.6% |
| Total equity and liabilities | 10/49 | €1,135,107 | €1,136,196 | +€1,089 | +0.1% |
| Equity | 10/15 | €896,487 | €901,432 | +€4,945 | +0.6% |
| Contributions | 10/11 | €37,600 | €37,600 | = | 0.0% |
| Reserves | 13 | €858,887 | €863,832 | +€4,945 | +0.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €858,887 | €863,832 | +€4,945 | +0.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €238,620 | €234,764 | -€3,856 | -1.6% |
| Amounts payable after more than one year | 17 | €95,865 | €70,635 | -€25,230 | -26.3% |
| Financial debts | 170/4 | €95,865 | €70,635 | -€25,230 | -26.3% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €142,755 | €164,129 | +€21,374 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €30,174 | €25,230 | -€4,943 | -16.4% |
| Trade debts | 44 | €63,048 | €68,186 | +€5,137 | +8.1% |
| Suppliers | 440/4 | €63,048 | €68,186 | +€5,137 | +8.1% |
| Taxes, remuneration and social security | 45 | €0 | €2,864 | +€2,864 | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | €2,864 | +€2,864 | |
| Other amounts payable | 47/48 | €49,533 | €67,849 | +€18,316 | +37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,969 | €88,771 | -€2,198 | -2.4% |
| Other operating charges | 640/8 | €5,231 | €5,594 | +€363 | +6.9% |
| Non-recurring operating charges | 66A | €115,259 | €0 | -€115,259 | -100.0% |
| Gross operating margin | 9900 | €367,757 | €287,861 | -€79,897 | -21.7% |
| Operating profit (loss) | 9901 | €156,298 | €193,496 | +€37,197 | +23.8% |
| Financial income | 75/76B | €1,449 | €3,352 | +€1,903 | +131.4% |
| Recurring financial income | 75 | €1,449 | €3,352 | +€1,903 | +131.4% |
| Financial charges | 65/66B | €6,789 | €4,775 | -€2,014 | -29.7% |
| Recurring financial charges | 65 | €6,789 | €4,775 | -€2,014 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €150,958 | €192,073 | +€41,115 | +27.2% |
| Income taxes | 67/77 | €45,494 | €62,031 | +€16,537 | +36.4% |
| Profit (loss) for the period | 9904 | €105,464 | €130,042 | +€24,577 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €105,464 | €130,042 | +€24,577 | +23.3% |
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 12 October 2026 via checked.be.