LARDENOIT FINANCE: 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.
LARDENOIT FINANCE
Largest movements
- Tangible fixed assets -€24,811
down €24,811 (-48.2%), from €51,473 to €26,662
of which Furniture and vehicles: -€20,142
- Cash +€14,416
up €14,416 (+9.6%), from €149,999 to €164,415
mainly Depreciation (+€13,483) and Investment in fixed assets (net) (+€11,328)
- Deferred charges and accrued income -€5,193
down €5,193 (-78.4%), from €6,621 to €1,428
- Receivables within one year -€3,044
down €3,044 (-3.8%), from €79,377 to €76,333
of which Trade receivables: -€3,043
- Trade debts -€27,978
down €27,978 (-82.6%), from €33,856 to €5,878
- Reserves +€9,099
up €9,099 (+5.7%), from €160,502 to €169,601
of which Distributable reserves: +€9,099
- Tax, wage and social debts +€3,041
up €3,041 (+11.6%), from €26,297 to €29,338
of which Remuneration and social security: +€3,041
- Gross operating margin +€27,802
up €27,802 (+10.3%), from €270,876 to €298,678
- Staff costs +€23,023
up €23,023 (+9.5%), from €242,299 to €265,322
- Depreciation -€4,360
down €4,360 (-24.4%), from €17,843 to €13,483
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.
Derived cash bridge
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 | €287,470 | €268,838 | -€18,632 | -6.5% |
| Fixed assets | 21/28 | €51,473 | €26,662 | -€24,811 | -48.2% |
| Tangible fixed assets | 22/27 | €51,473 | €26,662 | -€24,811 | -48.2% |
| Land and buildings | 22 | €18,676 | €14,007 | -€4,669 | -25.0% |
| Furniture and vehicles | 24 | €32,797 | €12,655 | -€20,142 | -61.4% |
| Current assets | 29/58 | €235,997 | €242,176 | +€6,179 | +2.6% |
| Amounts receivable within one year | 40/41 | €79,377 | €76,333 | -€3,044 | -3.8% |
| Trade receivables | 40 | €68,318 | €65,275 | -€3,043 | -4.5% |
| Other amounts receivable | 41 | €11,058 | €11,058 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €149,999 | €164,415 | +€14,416 | +9.6% |
| Deferred charges and accrued income | 490/1 | €6,621 | €1,428 | -€5,193 | -78.4% |
| Total equity and liabilities | 10/49 | €287,470 | €268,838 | -€18,632 | -6.5% |
| Equity | 10/15 | €222,502 | €231,601 | +€9,099 | +4.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €160,502 | €169,601 | +€9,099 | +5.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €154,302 | €163,401 | +€9,099 | +5.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €64,967 | €37,237 | -€27,730 | -42.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €64,967 | €37,237 | -€27,730 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €2,792 | - | -€2,792 | |
| Trade debts | 44 | €33,856 | €5,878 | -€27,978 | -82.6% |
| Suppliers | 440/4 | €33,856 | €5,878 | -€27,978 | -82.6% |
| Taxes, remuneration and social security | 45 | €26,297 | €29,338 | +€3,041 | +11.6% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €26,297 | €29,338 | +€3,041 | +11.6% |
| Other amounts payable | 47/48 | €2,021 | €2,021 | -€0 | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €242,299 | €265,322 | +€23,023 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,843 | €13,483 | -€4,360 | -24.4% |
| Other operating charges | 640/8 | €1,868 | €2,299 | +€431 | +23.1% |
| Gross operating margin | 9900 | €270,876 | €298,678 | +€27,802 | +10.3% |
| Operating profit (loss) | 9901 | €8,865 | €17,574 | +€8,709 | +98.2% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €469 | €301 | -€168 | -35.9% |
| Recurring financial charges | 65 | €469 | €301 | -€168 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €8,403 | €17,273 | +€8,870 | +106% |
| Income taxes | 67/77 | €8,174 | €8,174 | -€0 | 0.0% |
| Profit (loss) for the period | 9904 | €229 | €9,099 | +€8,870 | +3,869% |
| Profit (loss) for the period to be appropriated | 9905 | €229 | €9,099 | +€8,870 | +3,869% |
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 18 October 2026 via checked.be.