VAN LANCKER - SANDER: what changed
Two fiscal 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.
VAN LANCKER - SANDER
Largest movements
- Receivables within one year +€60,962
up €60,962 (+242.7%), from €25,120 to €86,082
- Current investments +€49,059
up €49,059 (+36.7%), from €133,806 to €182,865
- Reserves +€90,968
up €90,968 (+3.9%), from €2.3m to €2.4m
of which Distributable reserves: +€90,968
- Financial income -€26,793
down €26,793 (-20.5%), from €130,544 to €103,751
- Financial charges -€5,177
down €5,177 (-80.4%), from €6,441 to €1,264
- Taxes -€1,804
down €1,804 (-16.6%), from €10,900 to €9,096
- Gross operating margin +€704
up €704 (+38.1%), from -€1,846 to -€1,142
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 | €2,618,629 | €2,707,823 | +€89,194 | +3.4% |
| Fixed assets | 21/28 | €1,514,102 | €1,514,102 | = | 0.0% |
| Financial fixed assets | 28 | €1,514,102 | €1,514,102 | = | 0.0% |
| Current assets | 29/58 | €1,104,527 | €1,193,721 | +€89,194 | +8.1% |
| Amounts receivable after more than one year | 29 | €911,011 | €912,135 | +€1,124 | +0.1% |
| Other amounts receivable | 291 | €911,011 | €912,135 | +€1,124 | +0.1% |
| Amounts receivable within one year | 40/41 | €25,120 | €86,082 | +€60,962 | +242.7% |
| Other amounts receivable | 41 | €25,120 | €86,082 | +€60,962 | +242.7% |
| Current investments | 50/53 | €133,806 | €182,865 | +€49,059 | +36.7% |
| Cash at bank and in hand | 54/58 | €34,590 | €12,639 | -€21,951 | -63.5% |
| Total equity and liabilities | 10/49 | €2,618,629 | €2,707,823 | +€89,194 | +3.4% |
| Equity | 10/15 | €2,603,122 | €2,694,090 | +€90,968 | +3.5% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €2,303,122 | €2,394,090 | +€90,968 | +3.9% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €2,273,122 | €2,364,090 | +€90,968 | +4.0% |
| Amounts payable | 17/49 | €15,507 | €13,733 | -€1,774 | -11.4% |
| Amounts payable within one year | 42/48 | €15,507 | €13,733 | -€1,774 | -11.4% |
| Trade debts | 44 | €1,968 | €1,998 | +€30 | +1.5% |
| Suppliers | 440/4 | €1,968 | €1,998 | +€30 | +1.5% |
| Taxes, remuneration and social security | 45 | €10,900 | €9,096 | -€1,804 | -16.6% |
| Remuneration and social security | 454/9 | €10,900 | €9,096 | -€1,804 | -16.6% |
| Other amounts payable | 47/48 | €2,639 | €2,639 | = | 0.0% |
| Other operating charges | 640/8 | €1,297 | €1,281 | -€16 | -1.2% |
| Gross operating margin | 9900 | -€1,846 | -€1,142 | +€704 | +38.1% |
| Operating profit (loss) | 9901 | -€3,143 | -€2,423 | +€720 | +22.9% |
| Financial income | 75/76B | €130,544 | €103,751 | -€26,793 | -20.5% |
| Recurring financial income | 75 | €130,544 | €103,751 | -€26,793 | -20.5% |
| Financial charges | 65/66B | €6,441 | €1,264 | -€5,177 | -80.4% |
| Recurring financial charges | 65 | €6,441 | €1,264 | -€5,177 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | €120,960 | €100,064 | -€20,896 | -17.3% |
| Income taxes | 67/77 | €10,900 | €9,096 | -€1,804 | -16.6% |
| Profit (loss) for the period | 9904 | €110,060 | €90,968 | -€19,092 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €110,060 | €90,968 | -€19,092 | -17.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.