LANTERNE: 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.
LANTERNE
Largest movements
- Receivables within one year +€36,819
up €36,819 (+11.6%), from €316,713 to €353,532
of which Trade receivables: +€22,327
- Tangible fixed assets -€21,556
down €21,556 (-37.8%), from €57,100 to €35,544
of which Furniture and vehicles: -€18,085
- Cash +€10,804
up €10,804 (+151.8%), from €7,117 to €17,920
mainly Current portion of long-term debt (+€27,103) and Trade debts (+€22,131)
- Reserves -€32,236
down €32,236 (-17.8%), from €181,128 to €148,892
of which Distributable reserves: -€32,236
- Current portion of long-term debt +€27,103
up €27,103 (+105.0%), from €25,813 to €52,916
- Trade debts +€22,131
up €22,131 (+38.8%), from €57,040 to €79,171
- Other debts +€14,421
up €14,421 (+48.1%), from €30,000 to €44,421
- Gross operating margin -€99,506
down €99,506 (-59.0%), from €168,575 to €69,069
- Staff costs -€14,419
down €14,419 (-16.6%), from €86,814 to €72,394
- Taxes -€10,206
no longer reported in 2024 (was €10,206)
- Financial charges -€1,998
down €1,998 (-38.7%), from €5,165 to €3,167
of which Financial charges: -€1,998
- Other operating charges -€1,779
down €1,779 (-29.8%), from €5,967 to €4,188
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €381,645 | €407,944 | +€26,300 | +6.9% |
| Fixed assets | 21/28 | €57,100 | €35,544 | -€21,556 | -37.8% |
| Tangible fixed assets | 22/27 | €57,100 | €35,544 | -€21,556 | -37.8% |
| Plant, machinery and equipment | 23 | €7,769 | €6,498 | -€1,271 | -16.4% |
| Furniture and vehicles | 24 | €44,296 | €26,211 | -€18,085 | -40.8% |
| Other tangible fixed assets | 26 | €5,035 | €2,835 | -€2,200 | -43.7% |
| Current assets | 29/58 | €324,544 | €372,400 | +€47,856 | +14.7% |
| Amounts receivable within one year | 40/41 | €316,713 | €353,532 | +€36,819 | +11.6% |
| Trade receivables | 40 | €109,372 | €131,699 | +€22,327 | +20.4% |
| Other amounts receivable | 41 | €207,341 | €221,833 | +€14,492 | +7.0% |
| Cash at bank and in hand | 54/58 | €7,117 | €17,920 | +€10,804 | +151.8% |
| Deferred charges and accrued income | 490/1 | €714 | €947 | +€233 | +32.6% |
| Total equity and liabilities | 10/49 | €381,645 | €407,944 | +€26,300 | +6.9% |
| Equity | 10/15 | €191,128 | €158,892 | -€32,236 | -16.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €8,600 | €8,600 | = | 0.0% |
| Reserves | 13 | €181,128 | €148,892 | -€32,236 | -17.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €179,268 | €147,032 | -€32,236 | -18.0% |
| Amounts payable | 17/49 | €190,517 | €249,053 | +€58,536 | +30.7% |
| Amounts payable after more than one year | 17 | €6,476 | €3,238 | -€3,238 | -50.0% |
| Financial debts | 170/4 | €6,476 | €3,238 | -€3,238 | -50.0% |
| Amounts payable within one year | 42/48 | €184,041 | €245,815 | +€61,774 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €25,813 | €52,916 | +€27,103 | +105.0% |
| Trade debts | 44 | €57,040 | €79,171 | +€22,131 | +38.8% |
| Suppliers | 440/4 | €57,040 | €79,171 | +€22,131 | +38.8% |
| Taxes, remuneration and social security | 45 | €71,188 | €69,307 | -€1,881 | -2.6% |
| Taxes | 450/3 | €39,030 | €13,263 | -€25,767 | -66.0% |
| Remuneration and social security | 454/9 | €32,158 | €56,044 | +€23,886 | +74.3% |
| Other amounts payable | 47/48 | €30,000 | €44,421 | +€14,421 | +48.1% |
| Remuneration, social security and pensions | 62 | €86,814 | €72,394 | -€14,419 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,479 | €21,556 | -€923 | -4.1% |
| Other operating charges | 640/8 | €5,967 | €4,188 | -€1,779 | -29.8% |
| Gross operating margin | 9900 | €168,575 | €69,069 | -€99,506 | -59.0% |
| Operating profit (loss) | 9901 | €53,315 | -€29,069 | -€82,384 | |
| Financial charges | 65/66B | €5,165 | €3,167 | -€1,998 | -38.7% |
| Recurring financial charges | 65 | €5,165 | €3,167 | -€1,998 | -38.7% |
| Non-recurring financial charges | 66B | €5,165 | €3,167 | -€1,998 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €48,150 | -€32,236 | -€80,386 | |
| Income taxes | 67/77 | €10,206 | - | -€10,206 | |
| Profit (loss) for the period | 9904 | €37,944 | -€32,236 | -€70,180 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,944 | -€32,236 | -€70,180 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.