LECTRRLAND: 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.
LECTRRLAND
Largest movements
- Current investments +€79,097
up €79,097 (+34.0%), from €232,910 to €312,007
- Tangible fixed assets -€20,180
down €20,180 (-6.5%), from €310,197 to €290,017
of which Land and buildings: -€16,327
- Reserves +€34,459
up €34,459 (+7.5%), from €456,726 to €491,185
- Other debts +€22,811
up €22,811 (+76.6%), from €29,785 to €52,596
- Gross operating margin -€9,126
down €9,126 (-11.0%), from €82,975 to €73,849
- Taxes -€3,056
down €3,056 (-18.5%), from €16,480 to €13,424
- Financial charges +€2,449
up €2,449 (+804%), from €304 to €2,754
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 | €564,628 | €621,811 | +€57,182 | +10.1% |
| Fixed assets | 21/28 | €321,259 | €299,824 | -€21,435 | -6.7% |
| Intangible fixed assets | 21 | €10,492 | €9,237 | -€1,255 | -12.0% |
| Tangible fixed assets | 22/27 | €310,197 | €290,017 | -€20,180 | -6.5% |
| Land and buildings | 22 | €300,012 | €283,685 | -€16,327 | -5.4% |
| Plant, machinery and equipment | 23 | €2,153 | €1,427 | -€726 | -33.7% |
| Furniture and vehicles | 24 | €8,032 | €4,905 | -€3,127 | -38.9% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €243,369 | €321,986 | +€78,618 | +32.3% |
| Amounts receivable within one year | 40/41 | €8,010 | €3,554 | -€4,456 | -55.6% |
| Trade receivables | 40 | €3,769 | €1,314 | -€2,455 | -65.1% |
| Other amounts receivable | 41 | €4,241 | €2,240 | -€2,001 | -47.2% |
| Current investments | 50/53 | €232,910 | €312,007 | +€79,097 | +34.0% |
| Cash at bank and in hand | 54/58 | €2,449 | €6,426 | +€3,977 | +162% |
| Total equity and liabilities | 10/49 | €564,628 | €621,811 | +€57,182 | +10.1% |
| Equity | 10/15 | €524,657 | €559,117 | +€34,459 | +6.6% |
| Contributions | 10/11 | €14,500 | €14,500 | = | 0.0% |
| Reserves | 13 | €456,726 | €491,185 | +€34,459 | +7.5% |
| Distributable reserves | 133 | €456,726 | €491,185 | +€34,459 | +7.5% |
| Profit (loss) carried forward | 14 | €53,431 | €53,431 | = | 0.0% |
| Amounts payable | 17/49 | €39,971 | €62,694 | +€22,723 | +56.8% |
| Amounts payable within one year | 42/48 | €39,971 | €60,408 | +€20,437 | +51.1% |
| Financial debts | 43 | €810 | €807 | -€3 | -0.4% |
| Credit institutions | 430/8 | €810 | €807 | -€3 | -0.4% |
| Trade debts | 44 | €2,578 | €1,475 | -€1,103 | -42.8% |
| Suppliers | 440/4 | €2,578 | €1,475 | -€1,103 | -42.8% |
| Taxes, remuneration and social security | 45 | €6,798 | €5,529 | -€1,268 | -18.7% |
| Taxes | 450/3 | €6,798 | €5,529 | -€1,268 | -18.7% |
| Other amounts payable | 47/48 | €29,785 | €52,596 | +€22,811 | +76.6% |
| Accrued charges and deferred income | 492/3 | - | €2,286 | +€2,286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,438 | €23,082 | +€645 | +2.9% |
| Other operating charges | 640/8 | €3,024 | €2,310 | -€714 | -23.6% |
| Gross operating margin | 9900 | €82,975 | €73,849 | -€9,126 | -11.0% |
| Operating profit (loss) | 9901 | €57,513 | €48,457 | -€9,056 | -15.7% |
| Financial income | 75/76B | €2,380 | €2,180 | -€200 | -8.4% |
| Recurring financial income | 75 | €2,380 | €2,180 | -€200 | -8.4% |
| Financial charges | 65/66B | €304 | €2,754 | +€2,449 | +804% |
| Recurring financial charges | 65 | €304 | €2,754 | +€2,449 | +804% |
| Profit (loss) for the period before taxes | 9903 | €59,589 | €47,883 | -€11,705 | -19.6% |
| Income taxes | 67/77 | €16,480 | €13,424 | -€3,056 | -18.5% |
| Profit (loss) for the period | 9904 | €43,109 | €34,459 | -€8,649 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,109 | €34,459 | -€8,649 | -20.1% |
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.