LANTERFANTER: 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.
LANTERFANTER
Largest movements
- Tangible fixed assets -€48,597
down €48,597 (-34.6%), from €140,535 to €91,938
of which Land and buildings: -€47,286
- Receivables within one year +€34,673
up €34,673 (+836.6%), from €4,144 to €38,817
of which Trade receivables: +€34,823
- Cash -€5,694
down €5,694 (-46.9%), from €12,143 to €6,449
mainly Net result for the year (-€41,645) and Receivables within one year (-€34,673)
- Profit (loss) carried forward -€41,645
down €41,645 (-10.1%), from -€411,310 to -€452,955
- Other debts +€23,475
up €23,475 (+27.0%), from €86,897 to €110,371
- Debts after one year -€15,430
down €15,430 (-7.6%), from €202,546 to €187,116
of which Financial debts: -€15,430
- Current portion of long-term debt +€11,801
up €11,801 (+49.9%), from €23,629 to €35,430
- Trade debts +€6,092
up €6,092 (+28.9%), from €21,099 to €27,191
- Gross operating margin -€6,609
down €6,609 (-10.8%), from €61,471 to €54,861
- Staff costs +€3,120
up €3,120 (+17.7%), from €17,611 to €20,730
- Depreciation +€1,935
up €1,935 (+3.2%), from €59,690 to €61,625
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 | €157,378 | €137,820 | -€19,558 | -12.4% |
| Fixed assets | 21/28 | €140,785 | €92,188 | -€48,597 | -34.5% |
| Tangible fixed assets | 22/27 | €140,535 | €91,938 | -€48,597 | -34.6% |
| Land and buildings | 22 | €110,196 | €62,910 | -€47,286 | -42.9% |
| Plant, machinery and equipment | 23 | €18,220 | €20,274 | +€2,054 | +11.3% |
| Furniture and vehicles | 24 | €12,119 | €8,754 | -€3,365 | -27.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €16,593 | €45,632 | +€29,039 | +175.0% |
| Amounts receivable within one year | 40/41 | €4,144 | €38,817 | +€34,673 | +836.6% |
| Trade receivables | 40 | €3,026 | €37,849 | +€34,823 | +1150.8% |
| Other amounts receivable | 41 | €1,118 | €968 | -€150 | -13.4% |
| Cash at bank and in hand | 54/58 | €12,143 | €6,449 | -€5,694 | -46.9% |
| Deferred charges and accrued income | 490/1 | €306 | €367 | +€61 | +19.9% |
| Total equity and liabilities | 10/49 | €157,378 | €137,820 | -€19,558 | -12.4% |
| Equity | 10/15 | -€182,257 | -€226,526 | -€44,269 | -24.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €161,000 | €161,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€411,310 | -€452,955 | -€41,645 | -10.1% |
| Investment grants | 15 | €5,053 | €2,429 | -€2,624 | -51.9% |
| Provisions and deferred taxes | 16 | €584 | €128 | -€456 | -78.1% |
| Deferred taxes | 168 | €584 | €128 | -€456 | -78.1% |
| Amounts payable | 17/49 | €339,051 | €364,219 | +€25,168 | +7.4% |
| Amounts payable after more than one year | 17 | €202,546 | €187,116 | -€15,430 | -7.6% |
| Financial debts | 170/4 | €102,546 | €87,116 | -€15,430 | -15.0% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €136,474 | €177,066 | +€40,591 | +29.7% |
| Current portion of amounts payable after more than one year | 42 | €23,629 | €35,430 | +€11,801 | +49.9% |
| Trade debts | 44 | €21,099 | €27,191 | +€6,092 | +28.9% |
| Suppliers | 440/4 | €21,099 | €27,191 | +€6,092 | +28.9% |
| Taxes, remuneration and social security | 45 | €4,850 | €4,073 | -€777 | -16.0% |
| Taxes | 450/3 | €3,119 | €2,647 | -€472 | -15.1% |
| Remuneration and social security | 454/9 | €1,731 | €1,426 | -€305 | -17.6% |
| Other amounts payable | 47/48 | €86,897 | €110,371 | +€23,475 | +27.0% |
| Accrued charges and deferred income | 492/3 | €30 | €37 | +€7 | +21.5% |
| Remuneration, social security and pensions | 62 | €17,611 | €20,730 | +€3,120 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,690 | €61,625 | +€1,935 | +3.2% |
| Other operating charges | 640/8 | €4,170 | €4,421 | +€251 | +6.0% |
| Gross operating margin | 9900 | €61,471 | €54,861 | -€6,609 | -10.8% |
| Operating profit (loss) | 9901 | -€20,000 | -€31,915 | -€11,914 | -59.6% |
| Financial income | 75/76B | €2,640 | €2,690 | +€50 | +1.9% |
| Recurring financial income | 75 | €2,640 | €2,690 | +€50 | +1.9% |
| Financial charges | 65/66B | €13,132 | €12,876 | -€256 | -1.9% |
| Recurring financial charges | 65 | €13,132 | €12,876 | -€256 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | -€30,493 | -€42,101 | -€11,608 | -38.1% |
| Transfer from deferred taxes | 780 | €456 | €456 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€30,036 | -€41,645 | -€11,608 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,036 | -€41,645 | -€11,608 | -38.6% |
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 9 October 2026 via checked.be.