LANNOYE DAVID: 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.
LANNOYE DAVID
Largest movements
- Deferred charges and accrued income -€5,936
no longer reported in 2025 (was €5,936)
- Receivables within one year -€5,224
down €5,224 (-62.7%), from €8,338 to €3,114
of which Trade receivables: -€5,536
- Tangible fixed assets -€3,365
no longer reported in 2025 (was €3,365)
of which Furniture and vehicles: -€3,210
- Cash +€2,628
up €2,628 (+134%), from €1,966 to €4,594
mainly Net result for the year (+€12,023) and Deferred charges and accrued income (+€5,936)
- Profit (loss) carried forward +€12,023
up €12,023 (+41.9%), from -€28,710 to -€16,687
- Advances received -€10,554
no longer reported in 2025 (was €10,554)
- Debts after one year -€4,958
down €4,958 (-70.4%), from €7,044 to €2,086
- Trade debts -€4,601
down €4,601 (-33.0%), from €13,937 to €9,336
- Tax, wage and social debts -€3,003
down €3,003 (-41.7%), from €7,199 to €4,196
of which Remuneration and social security: -€3,500
- Gross operating margin +€15,963
up €15,963 (+1,025%), from €1,558 to €17,521
- Depreciation -€1,678
down €1,678 (-33.3%), from €5,043 to €3,365
- Financial income -€729
down €729 (-52.9%), from €1,377 to €648
- Financial charges +€725
up €725 (+130%), from €558 to €1,283
- Taxes -€437
no longer reported in 2025 (was €437)
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 | €20,134 | €8,310 | -€11,824 | -58.7% |
| Formation expenses | 20 | €279 | €279 | = | 0.0% |
| Fixed assets | 21/28 | €3,615 | €250 | -€3,365 | -93.1% |
| Tangible fixed assets | 22/27 | €3,365 | - | -€3,365 | |
| Plant, machinery and equipment | 23 | €155 | - | -€155 | |
| Furniture and vehicles | 24 | €3,210 | - | -€3,210 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €16,240 | €7,781 | -€8,459 | -52.1% |
| Stocks and contracts in progress | 3 | - | €73 | +€73 | |
| Stocks | 30/36 | - | €73 | +€73 | |
| Amounts receivable within one year | 40/41 | €8,338 | €3,114 | -€5,224 | -62.7% |
| Trade receivables | 40 | €6,688 | €1,152 | -€5,536 | -82.8% |
| Other amounts receivable | 41 | €1,650 | €1,962 | +€312 | +18.9% |
| Cash at bank and in hand | 54/58 | €1,966 | €4,594 | +€2,628 | +134% |
| Deferred charges and accrued income | 490/1 | €5,936 | - | -€5,936 | |
| Total equity and liabilities | 10/49 | €20,134 | €8,310 | -€11,824 | -58.7% |
| Equity | 10/15 | -€25,710 | -€13,687 | +€12,023 | +46.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,710 | -€16,687 | +€12,023 | +41.9% |
| Amounts payable | 17/49 | €45,844 | €21,997 | -€23,847 | -52.0% |
| Amounts payable after more than one year | 17 | €7,044 | €2,086 | -€4,958 | -70.4% |
| Financial debts | 170/4 | €7,044 | €2,086 | -€4,958 | -70.4% |
| Amounts payable within one year | 42/48 | €38,800 | €19,911 | -€18,889 | -48.7% |
| Current portion of amounts payable after more than one year | 42 | €4,890 | €4,958 | +€68 | +1.4% |
| Trade debts | 44 | €13,937 | €9,336 | -€4,601 | -33.0% |
| Suppliers | 440/4 | €13,937 | €9,336 | -€4,601 | -33.0% |
| Advances received on contracts in progress | 46 | €10,554 | - | -€10,554 | |
| Taxes, remuneration and social security | 45 | €7,199 | €4,196 | -€3,003 | -41.7% |
| Taxes | 450/3 | - | €497 | +€497 | |
| Remuneration and social security | 454/9 | €7,199 | €3,699 | -€3,500 | -48.6% |
| Other amounts payable | 47/48 | €2,220 | €1,421 | -€799 | -36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,043 | €3,365 | -€1,678 | -33.3% |
| Other operating charges | 640/8 | €1,324 | €1,498 | +€174 | +13.1% |
| Gross operating margin | 9900 | €1,558 | €17,521 | +€15,963 | +1,025% |
| Operating profit (loss) | 9901 | -€4,809 | €12,658 | +€17,467 | |
| Financial income | 75/76B | €1,377 | €648 | -€729 | -52.9% |
| Recurring financial income | 75 | €1,377 | €648 | -€729 | -52.9% |
| Financial charges | 65/66B | €558 | €1,283 | +€725 | +130% |
| Recurring financial charges | 65 | €558 | €1,283 | +€725 | +130% |
| Profit (loss) for the period before taxes | 9903 | -€3,990 | €12,023 | +€16,013 | |
| Income taxes | 67/77 | €437 | - | -€437 | |
| Profit (loss) for the period | 9904 | -€4,427 | €12,023 | +€16,450 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,427 | €12,023 | +€16,450 |
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.