Lappland: 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.
What changed
Lappland
NACE 68.310, Real estate agency activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,912
2024 · -€4,223+€14,135
Equity
€2.1m
2024 · €2.1m+€9,912
Cash
€156,124
2024 · €136,263+€19,861
Balance sheet total
€2.9m
2024 · €2.7m+€290,001
Largest movements
Assets
- Tangible fixed assets +€264,319
up €264,319 (+10.7%), from €2.5m to €2.7m
of which Land and buildings: +€262,679
Equity and liabilities
- Debts after one year +€288,805
up €288,805 (+105.5%), from €273,878 to €562,683
of which Financial debts: +€289,505
- Other debts -€48,000
down €48,000 (-59.5%), from €80,691 to €32,691
- Current portion of long-term debt +€32,972
up €32,972 (+209.8%), from €15,719 to €48,691
Income statement
- Depreciation -€12,412
down €12,412 (-11.3%), from €109,830 to €97,418
- Gross operating margin +€8,431
up €8,431 (+6.5%), from €129,213 to €137,643
- Financial charges +€5,906
up €5,906 (+52.0%), from €11,354 to €17,261
- Taxes +€1,414
up €1,414 (+123.3%), from €1,146 to €2,560
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.
Result 2024
-€4,223
Gross operating margin
+€8,431
Depreciation
+€12,412
Other operating charges
-€696
Financial income
+€1,308
Financial charges
-€5,906
Taxes
-€1,414
Result 2025
€9,912
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.
From operations
+€63,901
Investment
-€365,817
Financing
+€321,777
Cash 2024
€136,263
From operations (derived)
+€63,901
Net result for the year
+€9,912
Depreciation
+€97,418
Receivables within one year
+€500
Deferred charges and accrued income
-€2,241
Provisions
-€5,229
Trade debts
+€8,031
Tax, wage and social debts
+€11,311
Other debts
-€48,000
Accrued charges and deferred income
-€7,802
Investment (derived)
-€365,817
Investment in fixed assets (net)
-€365,817
Financing
+€321,777
Debts after one year
+€288,805
Current portion of long-term debt
+€32,972
Cash 2025
€156,124
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,659,637 | €2,949,638 | +€290,001 | +10.9% |
| Fixed assets | 21/28 | €2,482,874 | €2,751,273 | +€268,399 | +10.8% |
| Tangible fixed assets | 22/27 | €2,471,194 | €2,735,513 | +€264,319 | +10.7% |
| Land and buildings | 22 | €2,468,585 | €2,731,264 | +€262,679 | +10.6% |
| Furniture and vehicles | 24 | €2,609 | €4,248 | +€1,640 | +62.9% |
| Financial fixed assets | 28 | €11,680 | €15,760 | +€4,080 | +34.9% |
| Current assets | 29/58 | €176,763 | €198,365 | +€21,602 | +12.2% |
| Amounts receivable within one year | 40/41 | €40,500 | €40,000 | -€500 | -1.2% |
| Trade receivables | 40 | €20,500 | €20,000 | -€500 | -2.4% |
| Other amounts receivable | 41 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €136,263 | €156,124 | +€19,861 | +14.6% |
| Deferred charges and accrued income | 490/1 | - | €2,241 | +€2,241 | |
| Total equity and liabilities | 10/49 | €2,659,637 | €2,949,638 | +€290,001 | +10.9% |
| Equity | 10/15 | €2,098,382 | €2,108,294 | +€9,912 | +0.5% |
| Contributions | 10/11 | €2,098,669 | €2,098,669 | = | 0.0% |
| Capital | 10 | €2,098,669 | €2,098,669 | = | 0.0% |
| Issued capital | 100 | €2,098,669 | €2,098,669 | = | 0.0% |
| Reserves | 13 | €778,095 | €788,007 | +€9,912 | +1.3% |
| Non-distributable reserves | 130/1 | €36,385 | €36,385 | = | 0.0% |
| Legal reserve | 130 | €36,385 | €36,385 | = | 0.0% |
| Tax-exempt reserves | 132 | €507,182 | €491,496 | -€15,686 | -3.1% |
| Distributable reserves | 133 | €234,528 | €260,126 | +€25,598 | +10.9% |
| Profit (loss) carried forward | 14 | -€778,382 | -€778,382 | = | 0.0% |
| Provisions and deferred taxes | 16 | €169,061 | €163,832 | -€5,229 | -3.1% |
| Deferred taxes | 168 | €169,061 | €163,832 | -€5,229 | -3.1% |
| Amounts payable | 17/49 | €392,195 | €677,512 | +€285,318 | +72.7% |
| Amounts payable after more than one year | 17 | €273,878 | €562,683 | +€288,805 | +105.5% |
| Financial debts | 170/4 | €269,178 | €558,683 | +€289,505 | +107.6% |
| Other amounts payable | 178/9 | €4,700 | €4,000 | -€700 | -14.9% |
| Amounts payable within one year | 42/48 | €100,563 | €104,877 | +€4,314 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €15,719 | €48,691 | +€32,972 | +209.8% |
| Trade debts | 44 | €2,952 | €10,983 | +€8,031 | +272.0% |
| Suppliers | 440/4 | €2,952 | €10,983 | +€8,031 | +272.0% |
| Taxes, remuneration and social security | 45 | €1,201 | €12,512 | +€11,311 | +941.5% |
| Taxes | 450/3 | €1,201 | €12,512 | +€11,311 | +941.5% |
| Other amounts payable | 47/48 | €80,691 | €32,691 | -€48,000 | -59.5% |
| Accrued charges and deferred income | 492/3 | €17,753 | €9,952 | -€7,802 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,830 | €97,418 | -€12,412 | -11.3% |
| Other operating charges | 640/8 | €16,821 | €17,517 | +€696 | +4.1% |
| Gross operating margin | 9900 | €129,213 | €137,643 | +€8,431 | +6.5% |
| Operating profit (loss) | 9901 | €2,561 | €22,708 | +€20,147 | +786.6% |
| Financial income | 75/76B | €488 | €1,796 | +€1,308 | +268.3% |
| Recurring financial income | 75 | €488 | €1,796 | +€1,308 | +268.3% |
| Financial charges | 65/66B | €11,354 | €17,261 | +€5,906 | +52.0% |
| Recurring financial charges | 65 | €11,354 | €17,261 | +€5,906 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,305 | €7,243 | +€15,549 | |
| Transfer from deferred taxes | 780 | €5,229 | €5,229 | = | 0.0% |
| Income taxes | 67/77 | €1,146 | €2,560 | +€1,414 | +123.3% |
| Profit (loss) for the period | 9904 | -€4,223 | €9,912 | +€14,135 | |
| Transfer from tax-exempt reserves | 789 | €15,686 | €15,686 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,463 | €25,598 | +€14,135 | +123.3% |
Source: filed annual accounts (NBB), financial 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.