Ten Lande: 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.
Ten Lande
Largest movements
- Cash +€7,696
up €7,696 (+32.0%), from €24,082 to €31,778
mainly Net result for the year (+€7,679) and Tax, wage and social debts (+€17)
- Reserves +€7,679
up €7,679 (+12.5%), from €61,394 to €69,074
of which Distributable reserves: +€7,679
- Gross operating margin +€865
up €865 (+7.7%), from €11,249 to €12,114
- Other operating charges +€589
up €589 (+58.5%), from €1,006 to €1,595
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 | €167,779 | €175,474 | +€7,696 | +4.6% |
| Current assets | 29/58 | €167,779 | €175,474 | +€7,696 | +4.6% |
| Stocks and contracts in progress | 3 | €143,697 | €143,697 | = | 0.0% |
| Stocks | 30/36 | €143,697 | €143,697 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,082 | €31,778 | +€7,696 | +32.0% |
| Total equity and liabilities | 10/49 | €167,779 | €175,474 | +€7,696 | +4.6% |
| Equity | 10/15 | €86,184 | €93,863 | +€7,679 | +8.9% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Capital | 10 | €24,789 | - | -€24,789 | |
| Issued capital | 100 | €24,789 | - | -€24,789 | |
| Reserves | 13 | €61,394 | €69,074 | +€7,679 | +12.5% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Legal reserve | 130 | €2,479 | - | -€2,479 | |
| Reserves not available under the articles | 1311 | - | €2,479 | +€2,479 | |
| Distributable reserves | 133 | €58,915 | €66,595 | +€7,679 | +13.0% |
| Amounts payable | 17/49 | €81,595 | €81,611 | +€17 | 0.0% |
| Amounts payable within one year | 42/48 | €81,595 | €81,611 | +€17 | 0.0% |
| Taxes, remuneration and social security | 45 | €2,779 | €2,795 | +€17 | +0.6% |
| Taxes | 450/3 | €2,779 | €2,795 | +€17 | +0.6% |
| Other amounts payable | 47/48 | €78,816 | €78,816 | = | 0.0% |
| Other operating charges | 640/8 | €1,006 | €1,595 | +€589 | +58.5% |
| Gross operating margin | 9900 | €11,249 | €12,114 | +€865 | +7.7% |
| Operating profit (loss) | 9901 | €10,243 | €10,520 | +€277 | +2.7% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €10,198 | €10,475 | +€277 | +2.7% |
| Income taxes | 67/77 | €2,779 | €2,795 | +€17 | +0.6% |
| Profit (loss) for the period | 9904 | €7,419 | €7,679 | +€260 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,419 | €7,679 | +€260 | +3.5% |
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 23 October 2026 via checked.be.