LANSWEEPER: 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
LANSWEEPER
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2.0m
2024 · €13.9m-€15.9m
Equity
€33.2m
2024 · €59.0m-€25.7m
Cash
€15.8m
2024 · €11.5m+€4.3m
Balance sheet total
€101.5m
2024 · €89.9m+€11.6m
Largest movements
Assets
- Financial fixed assets -€33.7m
down €33.7m (-83.3%), from €40.5m to €6.8m
of which Affiliated companies: -€33.7m
- Receivables within one year +€24.7m
up €24.7m (+113%), from €21.9m to €46.6m
of which Other amounts receivable: +€15.5m
- Intangible fixed assets +€13.8m
up €13.8m (+175%), from €7.9m to €21.7m
- Cash +€4.3m
up €4.3m (+37.1%), from €11.5m to €15.8m
mainly Other debts (+€29.6m) and Investment in fixed assets (net) (+€18.6m)
- Deferred charges and accrued income +€2.6m
up €2.6m (+111%), from €2.4m to €5.0m
Equity and liabilities
- Other debts +€29.6m
up €29.6m (+559%), from €5.3m to €34.9m
- Reserves -€25.7m
down €25.7m (-43.7%), from €58.9m to €33.2m
of which Distributable reserves: -€25.7m
- Trade debts +€4.8m
up €4.8m (+65.5%), from €7.3m to €12.1m
- Accrued charges and deferred income +€2.4m
up €2.4m (+42.6%), from €5.6m to €8.0m
Income statement
- Financial charges +€17.7m
up €17.7m (+1,450%), from €1.2m to €19.0m
of which Non-recurring financial charges: +€13.3m
- Turnover +€9.6m
up €9.6m (+17.1%), from €56.2m to €65.8m
- Services and other goods +€6.1m
up €6.1m (+18.2%), from €33.3m to €39.4m
- Other operating income +€3.2m
up €3.2m (+42.0%), from €7.5m to €10.7m
- Staff costs +€2.6m
up €2.6m (+17.3%), from €15.0m to €17.6m
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
€13.9m
Turnover
+€9.6m
Other operating income
+€3.2m
Services and other goods
-€6.1m
Staff costs
-€2.6m
Depreciation
-€451,970
Write-downs
-€173,410
Other operating charges
-€130,893
Other operating items
+€222,664
Financial income
-€2.1m
Financial charges
-€17.7m
Taxes
+€321,621
Result 2025
-€2.0m
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
+€9.7m
Investment
+€18.2m
Financing
-€23.6m
Cash 2024
€11.5m
From operations (derived)
+€9.7m
Net result for the year
-€2.0m
Depreciation
+€1.8m
Receivables within one year
-€24.7m
Deferred charges and accrued income
-€2.6m
Trade debts
+€4.8m
Tax, wage and social debts
+€478,310
Other debts
+€29.6m
Accrued charges and deferred income
+€2.4m
Investment (derived)
+€18.2m
Investment in fixed assets (net)
+€18.6m
Current investments
-€397,480
Financing
-€23.6m
Debts after one year
+€127,690
Current portion of long-term debt
-€20,731
Contributions, distributions and other
-€23.8m
Cash 2025
€15.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,906,290 | €101,513,703 | +€11.6m | +12.9% |
| Fixed assets | 21/28 | €50,282,675 | €29,937,488 | -€20.3m | -40.5% |
| Intangible fixed assets | 21 | €7,906,272 | €21,704,042 | +€13.8m | +175% |
| Tangible fixed assets | 22/27 | €1,912,510 | €1,480,550 | -€431,960 | -22.6% |
| Plant, machinery and equipment | 23 | €126,289 | €88,587 | -€37,703 | -29.9% |
| Furniture and vehicles | 24 | €291,849 | €265,190 | -€26,659 | -9.1% |
| Other tangible fixed assets | 26 | €1,494,372 | €1,050,169 | -€444,202 | -29.7% |
| Assets under construction and advance payments | 27 | - | €76,604 | +€76,604 | |
| Financial fixed assets | 28 | €40,463,893 | €6,752,896 | -€33.7m | -83.3% |
| Affiliated companies | 280/1 | €40,463,893 | €6,752,896 | -€33.7m | -83.3% |
| Participating interests | 280 | €20,053,269 | €6,752,896 | -€13.3m | -66.3% |
| Amounts receivable | 281 | €20,410,624 | €0 | -€20.4m | -100% |
| Other financial fixed assets | 284/8 | €0 | - | = | |
| Amounts receivable and cash guarantees | 285/8 | €0 | - | = | |
| Current assets | 29/58 | €39,623,615 | €71,576,215 | +€32.0m | +80.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €21,907,679 | €46,562,978 | +€24.7m | +113% |
| Trade receivables | 40 | €10,389,984 | €19,561,772 | +€9.2m | +88.3% |
| Other amounts receivable | 41 | €11,517,695 | €27,001,206 | +€15.5m | +134% |
| Current investments | 50/53 | €3,857,820 | €4,255,300 | +€397,480 | +10.3% |
| Other investments | 51/53 | €3,857,820 | €4,255,300 | +€397,480 | +10.3% |
| Cash at bank and in hand | 54/58 | €11,490,359 | €15,758,372 | +€4.3m | +37.1% |
| Deferred charges and accrued income | 490/1 | €2,367,757 | €4,999,566 | +€2.6m | +111% |
| Total equity and liabilities | 10/49 | €89,906,290 | €101,513,703 | +€11.6m | +12.9% |
| Equity | 10/15 | €58,974,665 | €33,246,349 | -€25.7m | -43.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €58,912,665 | €33,184,349 | -€25.7m | -43.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €58,906,465 | €33,178,149 | -€25.7m | -43.7% |
| Amounts payable | 17/49 | €30,931,626 | €68,267,355 | +€37.3m | +121% |
| Amounts payable after more than one year | 17 | €7,802,766 | €7,930,455 | +€127,690 | +1.6% |
| Financial debts | 170/4 | €7,802,766 | €7,930,455 | +€127,690 | +1.6% |
| Credit institutions | 173 | €7,802,766 | €7,051,205 | -€751,560 | -9.6% |
| Other loans | 174 | - | €879,250 | +€879,250 | |
| Amounts payable within one year | 42/48 | €17,504,771 | €52,316,671 | +€34.8m | +199% |
| Current portion of amounts payable after more than one year | 42 | €720,415 | €699,684 | -€20,731 | -2.9% |
| Trade debts | 44 | €7,311,517 | €12,102,023 | +€4.8m | +65.5% |
| Suppliers | 440/4 | €7,311,517 | €12,102,023 | +€4.8m | +65.5% |
| Taxes, remuneration and social security | 45 | €4,183,960 | €4,662,270 | +€478,310 | +11.4% |
| Taxes | 450/3 | €1,714,585 | €1,437,579 | -€277,006 | -16.2% |
| Remuneration and social security | 454/9 | €2,469,375 | €3,224,691 | +€755,316 | +30.6% |
| Other amounts payable | 47/48 | €5,288,879 | €34,852,694 | +€29.6m | +559% |
| Accrued charges and deferred income | 492/3 | €5,624,089 | €8,020,228 | +€2.4m | +42.6% |
| Operating income | 70/76A | €63,766,522 | €76,525,498 | +€12.8m | +20.0% |
| Turnover | 70 | €56,192,652 | €65,816,945 | +€9.6m | +17.1% |
| Other operating income | 74 | €7,538,120 | €10,705,034 | +€3.2m | +42.0% |
| Non-recurring operating income | 76A | €35,750 | €3,519 | -€32,231 | -90.2% |
| Operating charges | 60/66A | €50,078,240 | €59,259,295 | +€9.2m | +18.3% |
| Services and other goods | 61 | €33,326,387 | €39,406,216 | +€6.1m | +18.2% |
| Remuneration, social security and pensions | 62 | €15,018,216 | €17,618,064 | +€2.6m | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,324,918 | €1,776,887 | +€451,970 | +34.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €117,062 | €290,472 | +€173,410 | +148% |
| Other operating charges | 640/8 | €34,770 | €165,663 | +€130,893 | +376% |
| Non-recurring operating charges | 66A | €256,887 | €1,992 | -€254,895 | -99.2% |
| Operating profit (loss) | 9901 | €13,688,282 | €17,266,203 | +€3.6m | +26.1% |
| Financial income | 75/76B | €3,922,188 | €1,860,232 | -€2.1m | -52.6% |
| Recurring financial income | 75 | €3,922,188 | €1,860,232 | -€2.1m | -52.6% |
| Income from financial fixed assets | 750 | €1,474,382 | €1,227,265 | -€247,116 | -16.8% |
| Income from current assets | 751 | €282,971 | €382,040 | +€99,069 | +35.0% |
| Other financial income | 752/9 | €2,164,835 | €250,926 | -€1.9m | -88.4% |
| Financial charges | 65/66B | €1,223,823 | €18,966,745 | +€17.7m | +1,450% |
| Recurring financial charges | 65 | €1,223,823 | €5,666,372 | +€4.4m | +363% |
| Debt charges | 650 | €700,474 | €748,687 | +€48,212 | +6.9% |
| Other financial charges | 652/9 | €523,349 | €4,917,686 | +€4.4m | +840% |
| Non-recurring financial charges | 66B | - | €13,300,373 | +€13.3m | |
| Profit (loss) for the period before taxes | 9903 | €16,386,647 | €159,690 | -€16.2m | -99.0% |
| Income taxes | 67/77 | €2,459,627 | €2,138,006 | -€321,621 | -13.1% |
| Taxes | 670/3 | €3,052,771 | €2,498,357 | -€554,414 | -18.2% |
| Tax adjustments and reversals of tax provisions | 77 | €593,144 | €360,351 | -€232,792 | -39.2% |
| Profit (loss) for the period | 9904 | €13,927,020 | -€1,978,316 | -€15.9m | |
| Profit (loss) for the period to be appropriated | 9905 | €13,927,020 | -€1,978,316 | -€15.9m |
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.