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LANSERV: what changed

Two fiscal 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

LANSERV

BE 0889.202.364
NACE 46.500, Wholesale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€18,107
2024 · €5,669+€12,438
Equity
€128,531
2024 · €110,424+€18,107
Cash
€40,959
2024 · €10,502+€30,457
Balance sheet total
€262,735
2024 · €223,134+€39,601

Largest movements

2024 to 2025
Assets
  • Cash +€30,457

    up €30,457 (+290.0%), from €10,502 to €40,959

    mainly Short-term financial debts (+€35,000) and Depreciation (+€22,336)

  • Tangible fixed assets -€13,914

    down €13,914 (-14.1%), from €98,771 to €84,857

  • Receivables within one year +€13,689

    up €13,689 (+27.3%), from €50,185 to €63,874

    of which Trade receivables: +€12,029

  • Stocks and contracts +€9,108

    up €9,108 (+15.3%), from €59,637 to €68,744

Equity and liabilities
  • Short-term financial debts +€35,000

    new in 2025: €35,000

  • Profit (loss) carried forward +€18,107

    up €18,107 (+20.1%), from €90,019 to €108,126

  • Debts after one year -€15,775

    down €15,775 (-35.0%), from €45,069 to €29,294

  • Tax, wage and social debts +€6,877

    up €6,877 (+103.9%), from €6,618 to €13,495

  • Trade debts -€5,195

    down €5,195 (-11.3%), from €45,836 to €40,641

Income statement
  • Gross operating margin +€17,404

    up €17,404 (+41.4%), from €42,079 to €59,483

  • Taxes +€4,399

    up €4,399 (+105.4%), from €4,172 to €8,571

  • Depreciation +€865

    up €865 (+4.0%), from €21,471 to €22,336

  • Financial charges -€723

    down €723 (-7.6%), from €9,559 to €8,836

From the 2024 result to the 2025 result

effect on the 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 €5,669
Gross operating margin +€17,404
Depreciation -€865
Other operating charges -€433
Financial income +€7
Financial charges +€723
Taxes -€4,399
Result 2025 €18,107

Cash bridge derived

cash 2024 to 2025

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 +€19,067
Investment -€8,422
Financing +€19,812
Cash 2024 €10,502
Net result for the year +€18,107
Depreciation +€22,336
Stocks and contracts -€9,108
Receivables within one year -€13,689
Deferred charges and accrued income -€262
Trade debts -€5,195
Tax, wage and social debts +€6,877
Investment in fixed assets (net) -€8,422
Debts after one year -€15,775
Current portion of long-term debt +€587
Short-term financial debts +€35,000
Cash 2025 €40,959
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €223,134 €262,735 +€39,601 +17.7%
Fixed assets 21/28 €99,571 €85,657 -€13,914 -14.0%
Intangible fixed assets 21 €0 €0 =
Tangible fixed assets 22/27 €98,771 €84,857 -€13,914 -14.1%
Land and buildings 22 €61,356 €55,779 -€5,577 -9.1%
Plant, machinery and equipment 23 €2,198 €1,282 -€915 -41.6%
Furniture and vehicles 24 €11,317 €8,773 -€2,544 -22.5%
Leasing and similar rights 25 €23,900 €19,021 -€4,879 -20.4%
Financial fixed assets 28 €800 €800 = 0.0%
Current assets 29/58 €123,563 €177,079 +€53,516 +43.3%
Stocks and contracts in progress 3 €59,637 €68,744 +€9,108 +15.3%
Stocks 30/36 €59,637 €68,744 +€9,108 +15.3%
Amounts receivable within one year 40/41 €50,185 €63,874 +€13,689 +27.3%
Trade receivables 40 €19,665 €31,694 +€12,029 +61.2%
Other amounts receivable 41 €30,520 €32,180 +€1,660 +5.4%
Cash at bank and in hand 54/58 €10,502 €40,959 +€30,457 +290.0%
Deferred charges and accrued income 490/1 €3,240 €3,501 +€262 +8.1%
Total equity and liabilities 10/49 €223,134 €262,735 +€39,601 +17.7%
Equity 10/15 €110,424 €128,531 +€18,107 +16.4%
Contributions 10/11 €18,550 €18,550 = 0.0%
Reserves 13 €1,855 €1,855 = 0.0%
Distributable reserves 133 €1,855 €1,855 = 0.0%
Profit (loss) carried forward 14 €90,019 €108,126 +€18,107 +20.1%
Amounts payable 17/49 €112,710 €134,205 +€21,494 +19.1%
Amounts payable after more than one year 17 €45,069 €29,294 -€15,775 -35.0%
Financial debts 170/4 €45,069 €29,294 -€15,775 -35.0%
Amounts payable within one year 42/48 €67,641 €104,911 +€37,269 +55.1%
Current portion of amounts payable after more than one year 42 €15,188 €15,775 +€587 +3.9%
Financial debts 43 - €35,000 +€35,000
Credit institutions 430/8 - €35,000 +€35,000
Trade debts 44 €45,836 €40,641 -€5,195 -11.3%
Suppliers 440/4 €45,836 €40,641 -€5,195 -11.3%
Taxes, remuneration and social security 45 €6,618 €13,495 +€6,877 +103.9%
Taxes 450/3 €6,618 €13,495 +€6,877 +103.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,471 €22,336 +€865 +4.0%
Other operating charges 640/8 €2,845 €3,278 +€433 +15.2%
Gross operating margin 9900 €42,079 €59,483 +€17,404 +41.4%
Operating profit (loss) 9901 €17,763 €33,869 +€16,106 +90.7%
Financial income 75/76B €1,637 €1,645 +€7 +0.4%
Recurring financial income 75 €1,637 €1,645 +€7 +0.4%
Financial charges 65/66B €9,559 €8,836 -€723 -7.6%
Recurring financial charges 65 €9,559 €8,836 -€723 -7.6%
Profit (loss) for the period before taxes 9903 €9,841 €26,678 +€16,837 +171.1%
Income taxes 67/77 €4,172 €8,571 +€4,399 +105.4%
Profit (loss) for the period 9904 €5,669 €18,107 +€12,438 +219.4%
Profit (loss) for the period to be appropriated 9905 €5,669 €18,107 +€12,438 +219.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.