LANGEROCK: 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.
LANGEROCK
Largest movements
- Current investments -€1.0m
down €1.0m (-100%), from €1.0m to €0
- Cash +€878,920
up €878,920 (+142%), from €619,151 to €1.5m
mainly Current investments (+€1.0m) and Receivables after one year (+€166,829)
- Receivables after one year -€166,829
down €166,829 (-41.7%), from €399,700 to €232,871
- Profit (loss) carried forward -€202,822
down €202,822 (-1,232%), from -€16,466 to -€219,288
- Reserves -€29,208
down €29,208 (-1.2%), from €2.5m to €2.5m
- Financial charges +€165,861
up €165,861 (+1,415%), from €11,720 to €177,581
of which Non-recurring financial charges: +€166,829
- Financial income -€16,627
down €16,627 (-26.0%), from €64,049 to €47,423
- Gross operating margin -€9,287
down €9,287 (-23.6%), from -€39,399 to -€48,686
- Depreciation +€6,271
up €6,271 (+57.0%), from €10,996 to €17,268
- Other operating charges +€2,762
up €2,762 (+76.1%), from €3,630 to €6,392
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 | €2,829,185 | €2,572,374 | -€256,811 | -9.1% |
| Fixed assets | 21/28 | €735,382 | €744,819 | +€9,437 | +1.3% |
| Tangible fixed assets | 22/27 | €532,882 | €542,319 | +€9,437 | +1.8% |
| Land and buildings | 22 | €526,475 | €538,664 | +€12,189 | +2.3% |
| Furniture and vehicles | 24 | €6,407 | €3,655 | -€2,752 | -43.0% |
| Financial fixed assets | 28 | €202,500 | €202,500 | = | 0.0% |
| Current assets | 29/58 | €2,093,803 | €1,827,555 | -€266,248 | -12.7% |
| Amounts receivable after more than one year | 29 | €399,700 | €232,871 | -€166,829 | -41.7% |
| Trade receivables | 290 | €399,700 | €232,871 | -€166,829 | -41.7% |
| Amounts receivable within one year | 40/41 | €61,485 | €76,380 | +€14,896 | +24.2% |
| Trade receivables | 40 | €29,067 | €1,510 | -€27,557 | -94.8% |
| Other amounts receivable | 41 | €32,418 | €74,870 | +€42,452 | +131% |
| Current investments | 50/53 | €1,000,000 | €0 | -€1.0m | -100% |
| Cash at bank and in hand | 54/58 | €619,151 | €1,498,070 | +€878,920 | +142% |
| Deferred charges and accrued income | 490/1 | €13,468 | €20,232 | +€6,765 | +50.2% |
| Total equity and liabilities | 10/49 | €2,829,185 | €2,572,374 | -€256,811 | -9.1% |
| Equity | 10/15 | €2,510,134 | €2,278,103 | -€232,031 | -9.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €2,525,600 | €2,496,392 | -€29,208 | -1.2% |
| Distributable reserves | 133 | €2,525,600 | €2,496,392 | -€29,208 | -1.2% |
| Profit (loss) carried forward | 14 | -€16,466 | -€219,288 | -€202,822 | -1,232% |
| Amounts payable | 17/49 | €319,052 | €294,271 | -€24,781 | -7.8% |
| Amounts payable after more than one year | 17 | €286,000 | €267,325 | -€18,675 | -6.5% |
| Financial debts | 170/4 | €286,000 | €267,325 | -€18,675 | -6.5% |
| Amounts payable within one year | 42/48 | €33,052 | €26,946 | -€6,106 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €18,050 | €18,675 | +€625 | +3.5% |
| Trade debts | 44 | €11,327 | €2,363 | -€8,964 | -79.1% |
| Suppliers | 440/4 | €11,327 | €2,363 | -€8,964 | -79.1% |
| Taxes, remuneration and social security | 45 | €3,674 | €5,908 | +€2,234 | +60.8% |
| Taxes | 450/3 | €3,674 | €3,900 | +€226 | +6.1% |
| Remuneration and social security | 454/9 | - | €2,008 | +€2,008 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,996 | €17,268 | +€6,271 | +57.0% |
| Other operating charges | 640/8 | €3,630 | €6,392 | +€2,762 | +76.1% |
| Gross operating margin | 9900 | -€39,399 | -€48,686 | -€9,287 | -23.6% |
| Operating profit (loss) | 9901 | -€54,026 | -€72,346 | -€18,320 | -33.9% |
| Financial income | 75/76B | €64,049 | €47,423 | -€16,627 | -26.0% |
| Recurring financial income | 75 | €64,049 | €47,423 | -€16,627 | -26.0% |
| Financial charges | 65/66B | €11,720 | €177,581 | +€165,861 | +1,415% |
| Recurring financial charges | 65 | €11,720 | €10,753 | -€968 | -8.3% |
| Non-recurring financial charges | 66B | - | €166,829 | +€166,829 | |
| Profit (loss) for the period before taxes | 9903 | -€1,697 | -€202,505 | -€200,808 | -11,835% |
| Income taxes | 67/77 | €2,560 | €317 | -€2,243 | -87.6% |
| Profit (loss) for the period | 9904 | -€4,257 | -€202,822 | -€198,565 | -4,665% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,257 | -€202,822 | -€198,565 | -4,665% |
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 23 October 2026 via checked.be.