LANMAN: 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.
LANMAN
Largest movements
- Deferred charges and accrued income +€50,415
new in 2025: €50,415
- Cash +€45,114
up €45,114 (+326%), from €13,830 to €58,943
mainly Trade debts (+€50,450) and Other debts (+€33,717)
- Receivables within one year -€8,603
down €8,603 (-27.4%), from €31,429 to €22,827
of which Trade receivables: -€21,244
- Trade debts +€50,450
up €50,450 (+390%), from €12,946 to €63,396
- Other debts +€33,717
up €33,717 (+462%), from €7,297 to €41,014
- Profit (loss) carried forward +€2,991
up €2,991 (+1.1%), from -€267,540 to -€264,549
- Gross operating margin +€1,997
up €1,997 (+180%), from €1,112 to €3,109
- Other operating charges -€118
no longer reported in 2025 (was €118)
- Taxes -€88
no longer reported in 2025 (was €88)
- Financial charges +€40
up €40 (+52.2%), from €77 to €117
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 | €45,259 | €132,417 | +€87,158 | +193% |
| Fixed assets | 21/28 | - | €232 | +€232 | |
| Financial fixed assets | 28 | - | €232 | +€232 | |
| Current assets | 29/58 | €45,259 | €132,185 | +€86,926 | +192% |
| Amounts receivable within one year | 40/41 | €31,429 | €22,827 | -€8,603 | -27.4% |
| Trade receivables | 40 | €30,521 | €9,278 | -€21,244 | -69.6% |
| Other amounts receivable | 41 | €908 | €13,549 | +€12,641 | +1,392% |
| Cash at bank and in hand | 54/58 | €13,830 | €58,943 | +€45,114 | +326% |
| Deferred charges and accrued income | 490/1 | - | €50,415 | +€50,415 | |
| Total equity and liabilities | 10/49 | €45,259 | €132,417 | +€87,158 | +193% |
| Equity | 10/15 | -€247,080 | -€244,089 | +€2,991 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€267,540 | -€264,549 | +€2,991 | +1.1% |
| Amounts payable | 17/49 | €292,339 | €376,506 | +€84,167 | +28.8% |
| Amounts payable after more than one year | 17 | €271,846 | €271,846 | = | 0.0% |
| Other amounts payable | 178/9 | €271,846 | €271,846 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,493 | €104,660 | +€84,167 | +411% |
| Trade debts | 44 | €12,946 | €63,396 | +€50,450 | +390% |
| Suppliers | 440/4 | €12,946 | €63,396 | +€50,450 | +390% |
| Taxes, remuneration and social security | 45 | €250 | €250 | = | 0.0% |
| Taxes | 450/3 | €250 | €250 | = | 0.0% |
| Other amounts payable | 47/48 | €7,297 | €41,014 | +€33,717 | +462% |
| Other operating charges | 640/8 | €118 | - | -€118 | |
| Gross operating margin | 9900 | €1,112 | €3,109 | +€1,997 | +180% |
| Operating profit (loss) | 9901 | €994 | €3,109 | +€2,115 | +213% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €77 | €117 | +€40 | +52.2% |
| Recurring financial charges | 65 | €77 | €117 | +€40 | +52.2% |
| Profit (loss) for the period before taxes | 9903 | €947 | €2,991 | +€2,044 | +216% |
| Income taxes | 67/77 | €88 | - | -€88 | |
| Profit (loss) for the period | 9904 | €858 | €2,991 | +€2,133 | +248% |
| Profit (loss) for the period to be appropriated | 9905 | €858 | €2,991 | +€2,133 | +248% |
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 14 October 2026 via checked.be.