Lanover: 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.
Lanover
Largest movements
- Current investments +€402,500
up €402,500 (+201.3%), from €200,000 to €602,500
- Cash -€399,932
down €399,932 (-81.4%), from €491,595 to €91,662
mainly Current investments (-€402,500) and Receivables after one year (-€84,000)
- Receivables after one year +€84,000
new in 2025: €84,000
- Tangible fixed assets -€13,237
down €13,237 (-8.1%), from €163,629 to €150,392
of which Land and buildings: -€9,014
- Reserves +€122,725
up €122,725 (+15.3%), from €801,695 to €924,420
of which Distributable reserves: +€122,725
- Other debts -€40,164
down €40,164 (-100.0%), from €40,164 to €0
- Debts after one year -€11,339
down €11,339 (-9.1%), from €124,635 to €113,296
- Gross operating margin -€130,960
down €130,960 (-41.1%), from €318,345 to €187,385
- Taxes -€19,868
down €19,868 (-26.9%), from €73,751 to €53,882
- Financial income -€4,435
down €4,435 (-39.9%), from €11,124 to €6,689
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.
Cash bridge derived
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 | €1,011,562 | €1,085,153 | +€73,591 | +7.3% |
| Fixed assets | 21/28 | €163,629 | €150,392 | -€13,237 | -8.1% |
| Tangible fixed assets | 22/27 | €163,629 | €150,392 | -€13,237 | -8.1% |
| Land and buildings | 22 | €147,703 | €138,689 | -€9,014 | -6.1% |
| Plant, machinery and equipment | 23 | €2,274 | €1,925 | -€349 | -15.4% |
| Furniture and vehicles | 24 | €13,652 | €9,778 | -€3,874 | -28.4% |
| Current assets | 29/58 | €847,933 | €934,761 | +€86,828 | +10.2% |
| Amounts receivable after more than one year | 29 | - | €84,000 | +€84,000 | |
| Other amounts receivable | 291 | - | €84,000 | +€84,000 | |
| Amounts receivable within one year | 40/41 | €153,478 | €156,251 | +€2,773 | +1.8% |
| Trade receivables | 40 | €22,022 | €16,940 | -€5,082 | -23.1% |
| Other amounts receivable | 41 | €131,456 | €139,311 | +€7,855 | +6.0% |
| Current investments | 50/53 | €200,000 | €602,500 | +€402,500 | +201.3% |
| Cash at bank and in hand | 54/58 | €491,595 | €91,662 | -€399,932 | -81.4% |
| Deferred charges and accrued income | 490/1 | €2,861 | €348 | -€2,513 | -87.8% |
| Total equity and liabilities | 10/49 | €1,011,562 | €1,085,153 | +€73,591 | +7.3% |
| Equity | 10/15 | €820,295 | €943,020 | +€122,725 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €801,695 | €924,420 | +€122,725 | +15.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €92,620 | €92,620 | = | 0.0% |
| Distributable reserves | 133 | €709,075 | €831,800 | +€122,725 | +17.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €191,267 | €142,133 | -€49,134 | -25.7% |
| Amounts payable after more than one year | 17 | €124,635 | €113,296 | -€11,339 | -9.1% |
| Financial debts | 170/4 | €124,635 | €113,296 | -€11,339 | -9.1% |
| Amounts payable within one year | 42/48 | €66,632 | €28,837 | -€37,795 | -56.7% |
| Current portion of amounts payable after more than one year | 42 | €11,212 | €12,278 | +€1,066 | +9.5% |
| Trade debts | 44 | €40 | €102 | +€62 | +155.3% |
| Suppliers | 440/4 | €40 | €102 | +€62 | +155.3% |
| Taxes, remuneration and social security | 45 | €15,216 | €16,457 | +€1,241 | +8.2% |
| Taxes | 450/3 | €11,276 | €12,491 | +€1,215 | +10.8% |
| Remuneration and social security | 454/9 | €3,940 | €3,965 | +€25 | +0.6% |
| Other amounts payable | 47/48 | €40,164 | €0 | -€40,164 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,755 | €13,237 | +€2,482 | +23.1% |
| Other operating charges | 640/8 | €1,341 | €2,540 | +€1,199 | +89.4% |
| Gross operating margin | 9900 | €318,345 | €187,385 | -€130,960 | -41.1% |
| Operating profit (loss) | 9901 | €306,249 | €171,608 | -€134,640 | -44.0% |
| Financial income | 75/76B | €11,124 | €6,689 | -€4,435 | -39.9% |
| Recurring financial income | 75 | €11,124 | €6,689 | -€4,435 | -39.9% |
| Financial charges | 65/66B | €2,221 | €1,691 | -€530 | -23.9% |
| Recurring financial charges | 65 | €2,221 | €1,691 | -€530 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €315,153 | €176,607 | -€138,545 | -44.0% |
| Income taxes | 67/77 | €73,751 | €53,882 | -€19,868 | -26.9% |
| Profit (loss) for the period | 9904 | €241,402 | €122,725 | -€118,677 | -49.2% |
| Transfer to tax-exempt reserves | 689 | €92,620 | €0 | -€92,620 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €148,782 | €122,725 | -€26,057 | -17.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.