LANNOO TIM: 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.
LANNOO TIM
Largest movements
- Tangible fixed assets -€16,259
down €16,259 (-29.7%), from €54,753 to €38,494
of which Furniture and vehicles: -€12,412
- Receivables within one year -€3,326
down €3,326 (-21.2%), from €15,709 to €12,383
of which Trade receivables: -€2,013
- Cash -€3,061
down €3,061 (-37.5%), from €8,161 to €5,099
mainly Net result for the year (-€15,180) and Debts after one year (-€9,988)
- Deferred charges and accrued income -€2,552
down €2,552 (-60.7%), from €4,206 to €1,654
- Reserves -€15,180
down €15,180 (-46.9%), from €32,386 to €17,206
of which Distributable reserves: -€15,180
- Debts after one year -€9,988
down €9,988 (-41.4%), from €24,138 to €14,150
- Tax, wage and social debts -€1,658
down €1,658 (-33.6%), from €4,928 to €3,270
of which Taxes: -€1,685
- Trade debts +€831
up €831 (+65.7%), from €1,266 to €2,097
- Gross operating margin -€16,548
down €16,548 (-68.1%), from €24,292 to €7,744
- Taxes -€2,194
down €2,194 (-76.7%), from €2,860 to €666
- Depreciation +€1,644
up €1,644 (+9.5%), from €17,256 to €18,900
- Financial charges -€349
down €349 (-20.9%), from €1,673 to €1,324
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 | €83,067 | €57,868 | -€25,199 | -30.3% |
| Fixed assets | 21/28 | €54,753 | €38,494 | -€16,259 | -29.7% |
| Tangible fixed assets | 22/27 | €54,753 | €38,494 | -€16,259 | -29.7% |
| Land and buildings | 22 | €3,682 | €1,849 | -€1,833 | -49.8% |
| Plant, machinery and equipment | 23 | €7,552 | €5,538 | -€2,014 | -26.7% |
| Furniture and vehicles | 24 | €43,519 | €31,107 | -€12,412 | -28.5% |
| Current assets | 29/58 | €28,314 | €19,374 | -€8,940 | -31.6% |
| Stocks and contracts in progress | 3 | €238 | €238 | = | 0.0% |
| Stocks | 30/36 | €238 | €238 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,709 | €12,383 | -€3,326 | -21.2% |
| Trade receivables | 40 | €13,569 | €11,556 | -€2,013 | -14.8% |
| Other amounts receivable | 41 | €2,140 | €827 | -€1,313 | -61.4% |
| Cash at bank and in hand | 54/58 | €8,161 | €5,099 | -€3,061 | -37.5% |
| Deferred charges and accrued income | 490/1 | €4,206 | €1,654 | -€2,552 | -60.7% |
| Total equity and liabilities | 10/49 | €83,067 | €57,868 | -€25,199 | -30.3% |
| Equity | 10/15 | €38,586 | €23,406 | -€15,180 | -39.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,386 | €17,206 | -€15,180 | -46.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,526 | €15,346 | -€15,180 | -49.7% |
| Amounts payable | 17/49 | €44,481 | €34,462 | -€10,019 | -22.5% |
| Amounts payable after more than one year | 17 | €24,138 | €14,150 | -€9,988 | -41.4% |
| Financial debts | 170/4 | €24,138 | €14,150 | -€9,988 | -41.4% |
| Amounts payable within one year | 42/48 | €19,971 | €19,809 | -€162 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €9,988 | €9,988 | = | 0.0% |
| Trade debts | 44 | €1,266 | €2,097 | +€831 | +65.7% |
| Suppliers | 440/4 | €1,266 | €2,097 | +€831 | +65.7% |
| Taxes, remuneration and social security | 45 | €4,928 | €3,270 | -€1,658 | -33.6% |
| Taxes | 450/3 | €1,685 | - | -€1,685 | |
| Remuneration and social security | 454/9 | €3,243 | €3,270 | +€28 | +0.9% |
| Other amounts payable | 47/48 | €3,789 | €4,454 | +€665 | +17.5% |
| Accrued charges and deferred income | 492/3 | €372 | €503 | +€131 | +35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,256 | €18,900 | +€1,644 | +9.5% |
| Other operating charges | 640/8 | €2,223 | €2,055 | -€168 | -7.6% |
| Gross operating margin | 9900 | €24,292 | €7,744 | -€16,548 | -68.1% |
| Operating profit (loss) | 9901 | €4,814 | -€13,210 | -€18,024 | |
| Financial income | 75/76B | €1 | €20 | +€19 | +2,053% |
| Recurring financial income | 75 | €1 | €20 | +€19 | +2,053% |
| Financial charges | 65/66B | €1,673 | €1,324 | -€349 | -20.9% |
| Recurring financial charges | 65 | €1,673 | €1,324 | -€349 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €3,142 | -€14,514 | -€17,656 | |
| Income taxes | 67/77 | €2,860 | €666 | -€2,194 | -76.7% |
| Profit (loss) for the period | 9904 | €282 | -€15,180 | -€15,462 | |
| Profit (loss) for the period to be appropriated | 9905 | €282 | -€15,180 | -€15,462 |
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 22 October 2026 via checked.be.