LENLAND: 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.
LENLAND
Largest movements
- Tangible fixed assets +€233,855
up €233,855 (+72.7%), from €321,781 to €555,637
of which Land and buildings: +€244,202
- Receivables within one year -€62,018
down €62,018 (-77.1%), from €80,440 to €18,423
of which Trade receivables: -€79,144
- Stocks and contracts -€22,896
down €22,896 (-77.5%), from €29,545 to €6,649
of which Contracts in progress: -€16,111
- Other debts +€324,454
up €324,454 (+625.6%), from €51,862 to €376,316
- Debts after one year -€200,000
down €200,000 (-98.6%), from €202,925 to €2,925
of which Financial debts: -€200,000
- Reserves +€89,850
up €89,850 (+5881.6%), from €1,528 to €91,378
of which Distributable reserves: +€89,850
- Trade debts -€72,603
down €72,603 (-89.5%), from €81,103 to €8,500
- Tax, wage and social debts +€7,557
up €7,557 (+68.9%), from €10,961 to €18,518
of which Taxes: +€8,931
- Gross operating margin +€106,220
up €106,220 (+235.9%), from €45,033 to €151,252
- Depreciation +€17,540
up €17,540 (+62.8%), from €27,933 to €45,473
- Taxes +€12,952
new in 2025: €12,952
- Staff costs -€12,110
down €12,110 (-100.0%), from €12,110 to €0
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 | €444,611 | €593,879 | +€149,267 | +33.6% |
| Fixed assets | 21/28 | €322,913 | €556,802 | +€233,889 | +72.4% |
| Tangible fixed assets | 22/27 | €321,781 | €555,637 | +€233,855 | +72.7% |
| Land and buildings | 22 | €302,639 | €546,841 | +€244,202 | +80.7% |
| Plant, machinery and equipment | 23 | €7,323 | €3,609 | -€3,714 | -50.7% |
| Furniture and vehicles | 24 | €11,820 | €5,186 | -€6,633 | -56.1% |
| Financial fixed assets | 28 | €1,132 | €1,165 | +€33 | +2.9% |
| Current assets | 29/58 | €121,698 | €37,077 | -€84,621 | -69.5% |
| Stocks and contracts in progress | 3 | €29,545 | €6,649 | -€22,896 | -77.5% |
| Stocks | 30/36 | €13,434 | €6,649 | -€6,785 | -50.5% |
| Contracts in progress | 37 | €16,111 | €0 | -€16,111 | -100.0% |
| Amounts receivable within one year | 40/41 | €80,440 | €18,423 | -€62,018 | -77.1% |
| Trade receivables | 40 | €80,233 | €1,089 | -€79,144 | -98.6% |
| Other amounts receivable | 41 | €208 | €17,334 | +€17,126 | +8238.7% |
| Cash at bank and in hand | 54/58 | €11,713 | €12,005 | +€293 | +2.5% |
| Total equity and liabilities | 10/49 | €444,611 | €593,879 | +€149,267 | +33.6% |
| Equity | 10/15 | €97,760 | €187,619 | +€89,859 | +91.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,528 | €91,378 | +€89,850 | +5881.6% |
| Non-distributable reserves | 130/1 | €1,528 | €1,528 | = | 0.0% |
| Legal reserve | 130 | €1,528 | €1,528 | = | 0.0% |
| Distributable reserves | 133 | - | €89,850 | +€89,850 | |
| Profit (loss) carried forward | 14 | €34,233 | €34,242 | +€9 | 0.0% |
| Amounts payable | 17/49 | €346,851 | €406,259 | +€59,408 | +17.1% |
| Amounts payable after more than one year | 17 | €202,925 | €2,925 | -€200,000 | -98.6% |
| Financial debts | 170/4 | €200,000 | €0 | -€200,000 | -100.0% |
| Other amounts payable | 178/9 | €2,925 | €2,925 | = | 0.0% |
| Amounts payable within one year | 42/48 | €143,926 | €403,334 | +€259,408 | +180.2% |
| Trade debts | 44 | €81,103 | €8,500 | -€72,603 | -89.5% |
| Suppliers | 440/4 | €81,103 | €8,500 | -€72,603 | -89.5% |
| Taxes, remuneration and social security | 45 | €10,961 | €18,518 | +€7,557 | +68.9% |
| Taxes | 450/3 | €9,587 | €18,518 | +€8,931 | +93.2% |
| Remuneration and social security | 454/9 | €1,374 | €0 | -€1,374 | -100.0% |
| Other amounts payable | 47/48 | €51,862 | €376,316 | +€324,454 | +625.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €12,110 | €0 | -€12,110 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,933 | €45,473 | +€17,540 | +62.8% |
| Other operating charges | 640/8 | €2,914 | €2,904 | -€10 | -0.3% |
| Gross operating margin | 9900 | €45,033 | €151,252 | +€106,220 | +235.9% |
| Operating profit (loss) | 9901 | €2,076 | €102,876 | +€100,800 | +4854.8% |
| Financial income | 75/76B | €26 | €46 | +€20 | +76.2% |
| Recurring financial income | 75 | €26 | €46 | +€20 | +76.2% |
| Financial charges | 65/66B | €101 | €111 | +€10 | +9.8% |
| Recurring financial charges | 65 | €101 | €111 | +€10 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €2,001 | €102,811 | +€100,810 | +5037.3% |
| Income taxes | 67/77 | - | €12,952 | +€12,952 | |
| Profit (loss) for the period | 9904 | €2,001 | €89,859 | +€87,858 | +4390.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,001 | €89,859 | +€87,858 | +4390.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.