LANOTTE PHILIPPE: 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.
LANOTTE PHILIPPE
Largest movements
- Cash -€24,825
down €24,825 (-51.8%), from €47,880 to €23,055
mainly Trade debts (-€46,936) and Debts after one year (-€19,801)
- Tangible fixed assets -€24,007
down €24,007 (-15.0%), from €160,471 to €136,464
- Receivables within one year -€13,679
down €13,679 (-13.3%), from €103,066 to €89,387
of which Trade receivables: -€14,143
- Trade debts -€46,936
down €46,936 (-53.3%), from €88,052 to €41,115
- Debts after one year -€19,801
down €19,801 (-27.6%), from €71,864 to €52,063
- Tax, wage and social debts +€11,743
up €11,743 (+24.1%), from €48,720 to €60,463
of which Taxes: +€10,258
- Other debts -€8,575
no longer reported in 2025 (was €8,575)
- Gross operating margin +€68,940
up €68,940 (+23.0%), from €299,209 to €368,149
- Staff costs +€68,670
up €68,670 (+26.0%), from €264,442 to €333,112
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 | €324,575 | €262,106 | -€62,469 | -19.2% |
| Fixed assets | 21/28 | €160,471 | €136,464 | -€24,007 | -15.0% |
| Tangible fixed assets | 22/27 | €160,471 | €136,464 | -€24,007 | -15.0% |
| Land and buildings | 22 | €104,192 | €98,030 | -€6,161 | -5.9% |
| Plant, machinery and equipment | 23 | €9,796 | €3,004 | -€6,791 | -69.3% |
| Furniture and vehicles | 24 | €46,484 | €35,429 | -€11,055 | -23.8% |
| Current assets | 29/58 | €164,104 | €125,643 | -€38,461 | -23.4% |
| Stocks and contracts in progress | 3 | €6,765 | €7,270 | +€505 | +7.5% |
| Stocks | 30/36 | €6,765 | €7,270 | +€505 | +7.5% |
| Amounts receivable within one year | 40/41 | €103,066 | €89,387 | -€13,679 | -13.3% |
| Trade receivables | 40 | €99,209 | €85,066 | -€14,143 | -14.3% |
| Other amounts receivable | 41 | €3,857 | €4,321 | +€464 | +12.0% |
| Cash at bank and in hand | 54/58 | €47,880 | €23,055 | -€24,825 | -51.8% |
| Deferred charges and accrued income | 490/1 | €6,392 | €5,931 | -€462 | -7.2% |
| Total equity and liabilities | 10/49 | €324,575 | €262,106 | -€62,469 | -19.2% |
| Equity | 10/15 | €86,140 | €88,255 | +€2,115 | +2.5% |
| Contributions | 10/11 | €13,180 | €13,180 | = | 0.0% |
| Reserves | 13 | €69,652 | €69,652 | = | 0.0% |
| Distributable reserves | 133 | €69,652 | €69,652 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,308 | €5,423 | +€2,115 | +63.9% |
| Amounts payable | 17/49 | €238,436 | €173,852 | -€64,584 | -27.1% |
| Amounts payable after more than one year | 17 | €71,864 | €52,063 | -€19,801 | -27.6% |
| Financial debts | 170/4 | €71,864 | €52,063 | -€19,801 | -27.6% |
| Amounts payable within one year | 42/48 | €164,686 | €121,379 | -€43,307 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €19,340 | €19,801 | +€461 | +2.4% |
| Trade debts | 44 | €88,052 | €41,115 | -€46,936 | -53.3% |
| Suppliers | 440/4 | €88,052 | €41,115 | -€46,936 | -53.3% |
| Taxes, remuneration and social security | 45 | €48,720 | €60,463 | +€11,743 | +24.1% |
| Taxes | 450/3 | €6,173 | €16,431 | +€10,258 | +166% |
| Remuneration and social security | 454/9 | €42,547 | €44,032 | +€1,485 | +3.5% |
| Other amounts payable | 47/48 | €8,575 | - | -€8,575 | |
| Accrued charges and deferred income | 492/3 | €1,887 | €410 | -€1,477 | -78.3% |
| Remuneration, social security and pensions | 62 | €264,442 | €333,112 | +€68,670 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,574 | €24,007 | +€3,433 | +16.7% |
| Other operating charges | 640/8 | €5,972 | €5,529 | -€444 | -7.4% |
| Non-recurring operating charges | 66A | €887 | - | -€887 | |
| Gross operating margin | 9900 | €299,209 | €368,149 | +€68,940 | +23.0% |
| Operating profit (loss) | 9901 | €7,334 | €5,502 | -€1,833 | -25.0% |
| Financial income | 75/76B | €303 | €100 | -€203 | -66.9% |
| Recurring financial income | 75 | €303 | €100 | -€203 | -66.9% |
| Financial charges | 65/66B | €4,652 | €2,808 | -€1,844 | -39.6% |
| Recurring financial charges | 65 | €4,652 | €2,808 | -€1,844 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €2,985 | €2,793 | -€191 | -6.4% |
| Income taxes | 67/77 | €175 | €679 | +€504 | +288% |
| Profit (loss) for the period | 9904 | €2,810 | €2,115 | -€695 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,810 | €2,115 | -€695 | -24.7% |
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 15 October 2026 via checked.be.