LANNUTTI: 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.
What changed
LANNUTTI
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€950,817
2024 · €1.6m-€651,049
Equity
€5.0m
2024 · €4.0m+€950,817
Cash
€4,875
2024 · €11.2m-€11.2m
Balance sheet total
€15.2m
2024 · €24.8m-€9.6m
Largest movements
Assets
- Cash -€11.2m
down €11.2m (-100.0%), from €11.2m to €4,875
mainly Other debts (-€9.4m) and Investment in fixed assets (net) (-€2.0m)
- Tangible fixed assets +€804,881
up €804,881 (+20.4%), from €3.9m to €4.7m
of which Furniture and vehicles: +€949,222
- Receivables within one year +€675,092
up €675,092 (+7.3%), from €9.3m to €10.0m
of which Other amounts receivable: +€481,577
Equity and liabilities
- Other debts -€9.4m
down €9.4m (-93.4%), from €10.0m to €662,583
- Trade debts -€1.3m
down €1.3m (-14.9%), from €8.6m to €7.3m
- Profit (loss) carried forward +€950,817
new in 2025: €950,817
Income statement
- Turnover -€3.0m
down €3.0m (-5.5%), from €54.1m to €51.1m
- Goods and materials -€2.4m
down €2.4m (-6.1%), from €39.3m to €36.9m
of which Purchases: -€2.4m
- Services and other goods -€796,393
down €796,393 (-12.0%), from €6.6m to €5.8m
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.
Result 2024
€1.6m
Turnover
-€3.0m
Other operating income
-€368,202
Goods and materials
+€2.4m
Services and other goods
+€796,393
Staff costs
-€371,431
Depreciation
+€27,819
Write-downs
-€43,074
Other operating charges
+€70,407
Other operating items
-€211,003
Financial income
-€243,839
Financial charges
-€9,170
Taxes
+€292,368
Result 2025
€950,817
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€9.4m
Investment
-€2.0m
Financing
+€200,876
Cash 2024
€11.2m
From operations (derived)
-€9.4m
Net result for the year
+€950,817
Depreciation
+€1.2m
Stocks and contracts
-€58,614
Receivables within one year
-€675,092
Deferred charges and accrued income
-€6,780
Provisions
+€200,000
Trade debts
-€1.3m
Tax, wage and social debts
-€162,619
Other debts
-€9.4m
Accrued charges and deferred income
-€132,564
Investment (derived)
-€2.0m
Investment in fixed assets (net)
-€2.0m
Financing
+€200,876
Short-term financial debts
+€200,876
Cash 2025
€4,875
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,763,419 | €15,155,851 | -€9.6m | -38.8% |
| Fixed assets | 21/28 | €3,948,939 | €4,753,820 | +€804,881 | +20.4% |
| Tangible fixed assets | 22/27 | €3,940,835 | €4,745,716 | +€804,881 | +20.4% |
| Land and buildings | 22 | €80,000 | €80,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,236,458 | €1,031,757 | -€204,701 | -16.6% |
| Furniture and vehicles | 24 | €2,624,377 | €3,573,600 | +€949,222 | +36.2% |
| Other tangible fixed assets | 26 | - | €60,359 | +€60,359 | |
| Financial fixed assets | 28 | €8,104 | €8,104 | = | 0.0% |
| Other financial fixed assets | 284/8 | €8,104 | €8,104 | = | 0.0% |
| Shares | 284 | €491 | €491 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €7,614 | €7,614 | = | 0.0% |
| Current assets | 29/58 | €20,814,479 | €10,402,031 | -€10.4m | -50.0% |
| Stocks and contracts in progress | 3 | €335,971 | €394,585 | +€58,614 | +17.4% |
| Stocks | 30/36 | €335,971 | €394,585 | +€58,614 | +17.4% |
| Raw materials and consumables | 30/31 | €335,971 | €394,585 | +€58,614 | +17.4% |
| Amounts receivable within one year | 40/41 | €9,300,265 | €9,975,357 | +€675,092 | +7.3% |
| Trade receivables | 40 | €9,138,723 | €9,332,239 | +€193,516 | +2.1% |
| Other amounts receivable | 41 | €161,542 | €643,118 | +€481,577 | +298% |
| Cash at bank and in hand | 54/58 | €11,157,809 | €4,875 | -€11.2m | -100.0% |
| Deferred charges and accrued income | 490/1 | €20,434 | €27,214 | +€6,780 | +33.2% |
| Total equity and liabilities | 10/49 | €24,763,419 | €15,155,851 | -€9.6m | -38.8% |
| Equity | 10/15 | €4,008,180 | €4,958,997 | +€950,817 | +23.7% |
| Contributions | 10/11 | €926,309 | €926,309 | = | 0.0% |
| Capital | 10 | €926,309 | €926,309 | = | 0.0% |
| Issued capital | 100 | €926,309 | €926,309 | = | 0.0% |
| Reserves | 13 | €3,081,871 | €3,081,871 | = | 0.0% |
| Non-distributable reserves | 130/1 | €92,631 | €92,631 | = | 0.0% |
| Legal reserve | 130 | €92,631 | €92,631 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,472,903 | €2,472,903 | = | 0.0% |
| Distributable reserves | 133 | €516,337 | €516,337 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €950,817 | +€950,817 | |
| Provisions and deferred taxes | 16 | - | €200,000 | +€200,000 | |
| Provisions for liabilities and charges | 160/5 | - | €200,000 | +€200,000 | |
| Environmental obligations | 163 | - | €200,000 | +€200,000 | |
| Amounts payable | 17/49 | €20,755,238 | €9,996,854 | -€10.8m | -51.8% |
| Amounts payable within one year | 42/48 | €19,851,188 | €9,225,367 | -€10.6m | -53.5% |
| Financial debts | 43 | - | €200,876 | +€200,876 | |
| Credit institutions | 430/8 | - | €200,876 | +€200,876 | |
| Trade debts | 44 | €8,608,800 | €7,324,603 | -€1.3m | -14.9% |
| Suppliers | 440/4 | €8,608,800 | €7,324,603 | -€1.3m | -14.9% |
| Taxes, remuneration and social security | 45 | €1,199,924 | €1,037,305 | -€162,619 | -13.6% |
| Taxes | 450/3 | €467,982 | €322,614 | -€145,368 | -31.1% |
| Remuneration and social security | 454/9 | €731,942 | €714,691 | -€17,251 | -2.4% |
| Other amounts payable | 47/48 | €10,042,464 | €662,583 | -€9.4m | -93.4% |
| Accrued charges and deferred income | 492/3 | €904,051 | €771,487 | -€132,564 | -14.7% |
| Operating income | 70/76A | €54,992,946 | €51,635,697 | -€3.4m | -6.1% |
| Turnover | 70 | €54,051,517 | €51,065,592 | -€3.0m | -5.5% |
| Other operating income | 74 | €923,245 | €555,043 | -€368,202 | -39.9% |
| Non-recurring operating income | 76A | €18,183 | €15,062 | -€3,121 | -17.2% |
| Operating charges | 60/66A | €53,161,085 | €50,494,244 | -€2.7m | -5.0% |
| Goods for resale, raw materials and consumables | 60 | €39,324,772 | €36,930,164 | -€2.4m | -6.1% |
| Purchases | 600/8 | €39,392,133 | €36,988,778 | -€2.4m | -6.1% |
| Change in stocks: decrease (increase) | 609 | -€67,361 | -€58,614 | +€8,747 | +13.0% |
| Services and other goods | 61 | €6,643,732 | €5,847,339 | -€796,393 | -12.0% |
| Remuneration, social security and pensions | 62 | €5,282,402 | €5,653,833 | +€371,431 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,224,960 | €1,197,141 | -€27,819 | -2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,255 | €38,819 | +€43,074 | |
| Other operating charges | 640/8 | €687,200 | €616,793 | -€70,407 | -10.2% |
| Non-recurring operating charges | 66A | €2,274 | €210,155 | +€207,881 | +9,144% |
| Operating profit (loss) | 9901 | €1,831,861 | €1,141,453 | -€690,408 | -37.7% |
| Financial income | 75/76B | €396,272 | €152,432 | -€243,839 | -61.5% |
| Recurring financial income | 75 | €396,272 | €152,432 | -€243,839 | -61.5% |
| Income from current assets | 751 | €394,721 | €150,876 | -€243,845 | -61.8% |
| Other financial income | 752/9 | €1,550 | €1,556 | +€6 | +0.4% |
| Financial charges | 65/66B | €5,240 | €14,410 | +€9,170 | +175% |
| Recurring financial charges | 65 | €5,240 | €14,410 | +€9,170 | +175% |
| Debt charges | 650 | €40 | €6,510 | +€6,469 | +16,033% |
| Other financial charges | 652/9 | €5,200 | €7,900 | +€2,701 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | €2,222,893 | €1,279,475 | -€943,417 | -42.4% |
| Income taxes | 67/77 | €621,027 | €328,658 | -€292,368 | -47.1% |
| Taxes | 670/3 | €621,027 | €360,000 | -€261,027 | -42.0% |
| Tax adjustments and reversals of tax provisions | 77 | - | €31,342 | +€31,342 | |
| Profit (loss) for the period | 9904 | €1,601,866 | €950,817 | -€651,049 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,601,866 | €950,817 | -€651,049 | -40.6% |
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 27 October 2026 via checked.be.