Lanthic: 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.
Lanthic
Largest movements
- Receivables within one year -€20,112
down €20,112 (-82.2%), from €24,480 to €4,368
of which Trade receivables: -€20,112
- Cash +€17,199
up €17,199 (+201.0%), from €8,555 to €25,755
mainly Receivables within one year (+€20,112) and Deferred charges and accrued income (+€13,148)
- Stocks and contracts +€15,350
up €15,350 (+38.3%), from €40,100 to €55,450
- Deferred charges and accrued income -€13,148
down €13,148 (-97.8%), from €13,448 to €300
- Intangible fixed assets -€4,690
down €4,690 (-100.0%), from €4,690 to €0
- Debts after one year -€11,613
down €11,613 (-52.6%), from €22,063 to €10,450
- Trade debts -€10,615
down €10,615 (-89.8%), from €11,825 to €1,210
- Profit (loss) carried forward +€6,675
up €6,675 (+18.9%), from €35,289 to €41,964
- Current portion of long-term debt +€5,617
up €5,617 (+28.4%), from €19,786 to €25,403
- Tax, wage and social debts +€1,694
up €1,694 (+48.9%), from €3,462 to €5,156
- Gross operating margin -€13,375
down €13,375 (-37.4%), from €35,725 to €22,350
- Depreciation -€12,395
down €12,395 (-52.1%), from €23,784 to €11,389
- Staff costs -€578
no longer reported in 2025 (was €578)
- Taxes +€411
up €411 (+25.0%), from €1,647 to €2,058
- Other operating charges +€365
up €365 (+44.0%), from €831 to €1,196
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 | €133,861 | €125,619 | -€8,241 | -6.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €47,277 | €39,747 | -€7,530 | -15.9% |
| Intangible fixed assets | 21 | €4,690 | €0 | -€4,690 | -100.0% |
| Tangible fixed assets | 22/27 | €42,587 | €39,747 | -€2,840 | -6.7% |
| Plant, machinery and equipment | 23 | €33,842 | €34,502 | +€660 | +2.0% |
| Furniture and vehicles | 24 | €8,745 | €5,245 | -€3,500 | -40.0% |
| Current assets | 29/58 | €86,583 | €85,872 | -€711 | -0.8% |
| Stocks and contracts in progress | 3 | €40,100 | €55,450 | +€15,350 | +38.3% |
| Stocks | 30/36 | €40,100 | €55,450 | +€15,350 | +38.3% |
| Amounts receivable within one year | 40/41 | €24,480 | €4,368 | -€20,112 | -82.2% |
| Trade receivables | 40 | €24,480 | €4,368 | -€20,112 | -82.2% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €8,555 | €25,755 | +€17,199 | +201.0% |
| Deferred charges and accrued income | 490/1 | €13,448 | €300 | -€13,148 | -97.8% |
| Total equity and liabilities | 10/49 | €133,861 | €125,619 | -€8,241 | -6.2% |
| Equity | 10/15 | €47,689 | €54,364 | +€6,675 | +14.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,289 | €41,964 | +€6,675 | +18.9% |
| Amounts payable | 17/49 | €86,171 | €71,255 | -€14,917 | -17.3% |
| Amounts payable after more than one year | 17 | €22,063 | €10,450 | -€11,613 | -52.6% |
| Financial debts | 170/4 | €22,063 | €10,450 | -€11,613 | -52.6% |
| Amounts payable within one year | 42/48 | €64,108 | €60,804 | -€3,304 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €19,786 | €25,403 | +€5,617 | +28.4% |
| Trade debts | 44 | €11,825 | €1,210 | -€10,615 | -89.8% |
| Suppliers | 440/4 | €11,825 | €1,210 | -€10,615 | -89.8% |
| Taxes, remuneration and social security | 45 | €3,462 | €5,156 | +€1,694 | +48.9% |
| Taxes | 450/3 | €3,462 | €5,156 | +€1,694 | +48.9% |
| Other amounts payable | 47/48 | €29,035 | €29,035 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €578 | - | -€578 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,784 | €11,389 | -€12,395 | -52.1% |
| Other operating charges | 640/8 | €831 | €1,196 | +€365 | +44.0% |
| Non-recurring operating charges | 66A | €1,081 | - | -€1,081 | |
| Gross operating margin | 9900 | €35,725 | €22,350 | -€13,375 | -37.4% |
| Operating profit (loss) | 9901 | €9,451 | €9,765 | +€314 | +3.3% |
| Financial income | 75/76B | - | €319 | +€319 | |
| Recurring financial income | 75 | - | €319 | +€319 | |
| Financial charges | 65/66B | €1,381 | €1,350 | -€30 | -2.2% |
| Recurring financial charges | 65 | €1,381 | €1,350 | -€30 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €8,070 | €8,734 | +€663 | +8.2% |
| Income taxes | 67/77 | €1,647 | €2,058 | +€411 | +25.0% |
| Profit (loss) for the period | 9904 | €6,423 | €6,675 | +€252 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,423 | €6,675 | +€252 | +3.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.