LANVESTOR: 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.
LANVESTOR
Largest movements
- Receivables after one year +€200,049
up €200,049 (+11.9%), from €1.7m to €1.9m
- Receivables within one year -€77,343
down €77,343 (-71.4%), from €108,341 to €30,998
of which Other amounts receivable: -€76,802
- Reserves +€92,404
up €92,404 (+4.3%), from €2.2m to €2.3m
of which Distributable reserves: +€2.3m
- Financial income +€51,305
up €51,305 (+111.3%), from €46,100 to €97,405
- Other operating charges +€23,532
up €23,532 (+179.1%), from €13,143 to €36,675
- Taxes +€4,330
up €4,330 (+29.5%), from €14,682 to €19,012
- Gross operating margin +€3,793
up €3,793 (+7.8%), from €48,790 to €52,583
- Financial charges -€685
down €685 (-78.7%), from €871 to €186
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 | €3,123,782 | €3,230,224 | +€106,442 | +3.4% |
| Fixed assets | 21/28 | €302,803 | €301,093 | -€1,711 | -0.6% |
| Tangible fixed assets | 22/27 | €2,802 | €1,092 | -€1,711 | -61.0% |
| Plant, machinery and equipment | 23 | €34 | €0 | -€34 | -100.0% |
| Furniture and vehicles | 24 | €2,768 | €1,092 | -€1,677 | -60.6% |
| Financial fixed assets | 28 | €300,001 | €300,001 | = | 0.0% |
| Current assets | 29/58 | €2,820,979 | €2,929,131 | +€108,152 | +3.8% |
| Amounts receivable after more than one year | 29 | €1,682,267 | €1,882,317 | +€200,049 | +11.9% |
| Other amounts receivable | 291 | €1,682,267 | €1,882,317 | +€200,049 | +11.9% |
| Amounts receivable within one year | 40/41 | €108,341 | €30,998 | -€77,343 | -71.4% |
| Trade receivables | 40 | €25,733 | €25,192 | -€541 | -2.1% |
| Other amounts receivable | 41 | €82,609 | €5,807 | -€76,802 | -93.0% |
| Current investments | 50/53 | €1,000,000 | €1,000,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,171 | €15,816 | -€14,355 | -47.6% |
| Deferred charges and accrued income | 490/1 | €199 | €0 | -€199 | -100.0% |
| Total equity and liabilities | 10/49 | €3,123,782 | €3,230,224 | +€106,442 | +3.4% |
| Equity | 10/15 | €3,073,596 | €3,166,000 | +€92,404 | +3.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €2,173,737 | €2,266,141 | +€92,404 | +4.3% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Tax-exempt reserves | 132 | €2,171,877 | - | -€2.2m | |
| Distributable reserves | 133 | - | €2,266,141 | +€2.3m | |
| Profit (loss) carried forward | 14 | €887,459 | €887,459 | = | 0.0% |
| Amounts payable | 17/49 | €50,186 | €64,224 | +€14,037 | +28.0% |
| Amounts payable within one year | 42/48 | €30,773 | €25,765 | -€5,008 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €1,000 | €1,000 | = | 0.0% |
| Trade debts | 44 | €911 | €1,669 | +€758 | +83.3% |
| Suppliers | 440/4 | €911 | €1,669 | +€758 | +83.3% |
| Taxes, remuneration and social security | 45 | €18,862 | €9,240 | -€9,622 | -51.0% |
| Taxes | 450/3 | €18,862 | €9,240 | -€9,622 | -51.0% |
| Other amounts payable | 47/48 | €10,000 | €13,856 | +€3,856 | +38.6% |
| Accrued charges and deferred income | 492/3 | €19,413 | €38,458 | +€19,045 | +98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,193 | €1,711 | -€482 | -22.0% |
| Other operating charges | 640/8 | €13,143 | €36,675 | +€23,532 | +179.1% |
| Gross operating margin | 9900 | €48,790 | €52,583 | +€3,793 | +7.8% |
| Operating profit (loss) | 9901 | €33,454 | €14,197 | -€19,257 | -57.6% |
| Financial income | 75/76B | €46,100 | €97,405 | +€51,305 | +111.3% |
| Recurring financial income | 75 | €46,100 | €97,405 | +€51,305 | +111.3% |
| Financial charges | 65/66B | €871 | €186 | -€685 | -78.7% |
| Recurring financial charges | 65 | €871 | €186 | -€685 | -78.7% |
| Profit (loss) for the period before taxes | 9903 | €78,684 | €111,417 | +€32,733 | +41.6% |
| Income taxes | 67/77 | €14,682 | €19,012 | +€4,330 | +29.5% |
| Profit (loss) for the period | 9904 | €64,002 | €92,404 | +€28,403 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,002 | €92,404 | +€28,403 | +44.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.