LANIN WILLEM: what changed
LANIN WILLEM
Largest movements
- Cash -€233,233
down €233,233 (-76.7%), from €304,073 to €70,840
mainly Current investments (-€128,776) and Contributions, distributions and other (-€74,862)
- Current investments +€128,776
new in 2025: €128,776
- Receivables within one year +€36,187
up €36,187 (+47.7%), from €75,800 to €111,987
of which Other amounts receivable: +€30,776
- Tangible fixed assets -€31,512
down €31,512 (-23.9%), from €131,595 to €100,083
of which Furniture and vehicles: -€31,285
- Stocks and contracts +€10,500
up €10,500 (+100%), from €10,500 to €21,000
- Accrued charges and deferred income -€39,800
no longer reported in 2025 (was €39,800)
- Reserves -€29,796
down €29,796 (-11.6%), from €255,973 to €226,177
of which Distributable reserves: -€29,796
- Debts after one year -€18,535
down €18,535 (-27.9%), from €66,422 to €47,887
- Advances received -€8,880
down €8,880 (-80.9%), from €10,979 to €2,099
- Tax, wage and social debts +€5,706
up €5,706 (+52.9%), from €10,784 to €16,489
- Gross operating margin +€12,358
up €12,358 (+4.3%), from €286,965 to €299,322
- Staff costs -€7,460
down €7,460 (-3.7%), from €203,405 to €195,945
- Depreciation +€7,405
up €7,405 (+26.2%), from €28,209 to €35,614
- Financial charges -€3,170
down €3,170 (-44.2%), from €7,164 to €3,994
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €530,492 | €439,318 | -€91,174 | -17.2% |
| Fixed assets | 21/28 | €131,595 | €100,083 | -€31,512 | -23.9% |
| Tangible fixed assets | 22/27 | €131,595 | €100,083 | -€31,512 | -23.9% |
| Plant, machinery and equipment | 23 | €12,962 | €12,939 | -€23 | -0.2% |
| Furniture and vehicles | 24 | €117,817 | €86,532 | -€31,285 | -26.6% |
| Other tangible fixed assets | 26 | €816 | €612 | -€204 | -25.0% |
| Current assets | 29/58 | €398,897 | €339,236 | -€59,661 | -15.0% |
| Stocks and contracts in progress | 3 | €10,500 | €21,000 | +€10,500 | +100% |
| Stocks | 30/36 | €10,500 | €21,000 | +€10,500 | +100% |
| Amounts receivable within one year | 40/41 | €75,800 | €111,987 | +€36,187 | +47.7% |
| Trade receivables | 40 | €66,955 | €72,366 | +€5,411 | +8.1% |
| Other amounts receivable | 41 | €8,845 | €39,621 | +€30,776 | +348% |
| Current investments | 50/53 | - | €128,776 | +€128,776 | |
| Cash at bank and in hand | 54/58 | €304,073 | €70,840 | -€233,233 | -76.7% |
| Deferred charges and accrued income | 490/1 | €8,524 | €6,632 | -€1,892 | -22.2% |
| Total equity and liabilities | 10/49 | €530,492 | €439,318 | -€91,174 | -17.2% |
| Equity | 10/15 | €375,436 | €345,640 | -€29,796 | -7.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €255,973 | €226,177 | -€29,796 | -11.6% |
| Non-distributable reserves | 130/1 | €4,557 | €4,557 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,557 | €4,557 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,630 | €7,630 | = | 0.0% |
| Distributable reserves | 133 | €243,786 | €213,990 | -€29,796 | -12.2% |
| Profit (loss) carried forward | 14 | €107,063 | €107,063 | = | 0.0% |
| Amounts payable | 17/49 | €155,056 | €93,678 | -€61,378 | -39.6% |
| Amounts payable after more than one year | 17 | €66,422 | €47,887 | -€18,535 | -27.9% |
| Financial debts | 170/4 | €66,422 | €47,887 | -€18,535 | -27.9% |
| Amounts payable within one year | 42/48 | €48,834 | €45,790 | -€3,043 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €17,827 | €17,805 | -€22 | -0.1% |
| Financial debts | 43 | - | €1,133 | +€1,133 | |
| Credit institutions | 430/8 | - | €1,133 | +€1,133 | |
| Trade debts | 44 | €8,155 | €8,265 | +€109 | +1.3% |
| Suppliers | 440/4 | €8,155 | €8,265 | +€109 | +1.3% |
| Advances received on contracts in progress | 46 | €10,979 | €2,099 | -€8,880 | -80.9% |
| Taxes, remuneration and social security | 45 | €10,784 | €16,489 | +€5,706 | +52.9% |
| Taxes | 450/3 | €10,784 | €16,489 | +€5,706 | +52.9% |
| Other amounts payable | 47/48 | €1,089 | - | -€1,089 | |
| Accrued charges and deferred income | 492/3 | €39,800 | - | -€39,800 | |
| Remuneration, social security and pensions | 62 | €203,405 | €195,945 | -€7,460 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,209 | €35,614 | +€7,405 | +26.2% |
| Other operating charges | 640/8 | €4,544 | €2,363 | -€2,181 | -48.0% |
| Gross operating margin | 9900 | €286,965 | €299,322 | +€12,358 | +4.3% |
| Operating profit (loss) | 9901 | €50,807 | €65,400 | +€14,593 | +28.7% |
| Financial income | 75/76B | €1,186 | €2,900 | +€1,714 | +145% |
| Recurring financial income | 75 | €1,186 | €2,900 | +€1,714 | +145% |
| Financial charges | 65/66B | €7,164 | €3,994 | -€3,170 | -44.2% |
| Recurring financial charges | 65 | €7,164 | €3,994 | -€3,170 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €44,829 | €64,306 | +€19,477 | +43.4% |
| Income taxes | 67/77 | €16,486 | €19,239 | +€2,753 | +16.7% |
| Profit (loss) for the period | 9904 | €28,343 | €45,067 | +€16,724 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,343 | €45,067 | +€16,724 | +59.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.