LANT Development: 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.
LANT Development
Largest movements
- Tangible fixed assets -€420,569
down €420,569 (-27.5%), from €1.5m to €1.1m
- Receivables within one year +€115,000
up €115,000 (+2300.0%), from €5,000 to €120,000
- Cash +€21,003
up €21,003 (+4206.2%), from €499 to €21,502
mainly Investment in fixed assets (net) (+€391,751) and Net result for the year (+€202,335)
- Debts after one year -€470,433
down €470,433 (-41.5%), from €1.1m to €662,363
of which Financial debts: -€470,433
- Other debts +€119,450
up €119,450 (+21726.5%), from €550 to €120,000
- Profit (loss) carried forward +€82,335
up €82,335 (+87.6%), from €94,015 to €176,350
- Revaluation surpluses -€23,385
down €23,385 (-36.9%), from €63,329 to €39,944
- Gross operating margin +€223,715
up €223,715 (+215.3%), from €103,931 to €327,646
- Taxes +€65,108
up €65,108 (+2702.9%), from €2,409 to €67,517
- Depreciation -€13,193
down €13,193 (-31.4%), from €42,011 to €28,818
- Financial charges -€12,226
down €12,226 (-34.6%), from €35,377 to €23,151
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 | €1,534,196 | €1,249,630 | -€284,567 | -18.5% |
| Fixed assets | 21/28 | €1,528,697 | €1,108,128 | -€420,569 | -27.5% |
| Tangible fixed assets | 22/27 | €1,528,697 | €1,108,128 | -€420,569 | -27.5% |
| Land and buildings | 22 | €1,528,697 | €1,108,128 | -€420,569 | -27.5% |
| Current assets | 29/58 | €5,499 | €141,502 | +€136,003 | +2473.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €5,000 | €120,000 | +€115,000 | +2300.0% |
| Other amounts receivable | 41 | €5,000 | €120,000 | +€115,000 | +2300.0% |
| Cash at bank and in hand | 54/58 | €499 | €21,502 | +€21,003 | +4206.2% |
| Total equity and liabilities | 10/49 | €1,534,196 | €1,249,630 | -€284,567 | -18.5% |
| Equity | 10/15 | €357,343 | €416,294 | +€58,951 | +16.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Revaluation surpluses | 12 | €63,329 | €39,944 | -€23,385 | -36.9% |
| Profit (loss) carried forward | 14 | €94,015 | €176,350 | +€82,335 | +87.6% |
| Amounts payable | 17/49 | €1,176,853 | €833,336 | -€343,517 | -29.2% |
| Amounts payable after more than one year | 17 | €1,132,797 | €662,363 | -€470,433 | -41.5% |
| Financial debts | 170/4 | €1,130,712 | €660,278 | -€470,433 | -41.6% |
| Other amounts payable | 178/9 | €2,085 | €2,085 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,056 | €170,147 | +€126,091 | +286.2% |
| Current portion of amounts payable after more than one year | 42 | €39,357 | €40,284 | +€927 | +2.4% |
| Trade debts | 44 | €1,741 | €2,347 | +€605 | +34.8% |
| Suppliers | 440/4 | €1,741 | €2,347 | +€605 | +34.8% |
| Taxes, remuneration and social security | 45 | €2,409 | €7,517 | +€5,108 | +212.1% |
| Taxes | 450/3 | €2,409 | €7,517 | +€5,108 | +212.1% |
| Other amounts payable | 47/48 | €550 | €120,000 | +€119,450 | +21726.5% |
| Accrued charges and deferred income | 492/3 | - | €825 | +€825 | |
| Non-recurring operating income | 76A | - | €281,633 | +€281,633 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,011 | €28,818 | -€13,193 | -31.4% |
| Other operating charges | 640/8 | €7,055 | €5,825 | -€1,230 | -17.4% |
| Non-recurring operating charges | 66A | €3,821 | €0 | -€3,821 | -100.0% |
| Gross operating margin | 9900 | €103,931 | €327,646 | +€223,715 | +215.3% |
| Operating profit (loss) | 9901 | €51,045 | €293,003 | +€241,959 | +474.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €35,377 | €23,151 | -€12,226 | -34.6% |
| Recurring financial charges | 65 | €35,377 | €23,151 | -€12,226 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €15,667 | €269,852 | +€254,185 | +1622.4% |
| Income taxes | 67/77 | €2,409 | €67,517 | +€65,108 | +2702.9% |
| Profit (loss) for the period | 9904 | €13,258 | €202,335 | +€189,077 | +1426.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,258 | €202,335 | +€189,077 | +1426.1% |
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 8 October 2026 via checked.be.