LACE COLLECTION: 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.
LACE COLLECTION
Largest movements
- Cash +€39,405
up €39,405 (+186%), from €21,178 to €60,583
mainly Net result for the year (+€33,878) and Accrued charges and deferred income (+€4,154)
- Profit (loss) carried forward +€30,683
no longer reported in 2024 (was -€30,683)
- Gross operating margin -€46,063
down €46,063 (-52.1%), from €88,387 to €42,325
- Other operating charges -€1,516
down €1,516 (-21.6%), from €7,006 to €5,490
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €893,217 | €931,701 | +€38,484 | +4.3% |
| Fixed assets | 21/28 | €872,039 | €869,517 | -€2,522 | -0.3% |
| Tangible fixed assets | 22/27 | €872,039 | €869,517 | -€2,522 | -0.3% |
| Land and buildings | 22 | €872,039 | €861,649 | -€10,389 | -1.2% |
| Plant, machinery and equipment | 23 | - | €7,868 | +€7,868 | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €21,178 | €62,184 | +€41,006 | +194% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €21,178 | €60,583 | +€39,405 | +186% |
| Deferred charges and accrued income | 490/1 | €0 | €1,601 | +€1,601 | |
| Total equity and liabilities | 10/49 | €893,217 | €931,701 | +€38,484 | +4.3% |
| Equity | 10/15 | €893,217 | €927,096 | +€33,878 | +3.8% |
| Contributions | 10/11 | €123,900 | €123,900 | = | 0.0% |
| Capital | 10 | €123,900 | €123,900 | = | 0.0% |
| Issued capital | 100 | €123,900 | €123,900 | = | 0.0% |
| Revaluation surpluses | 12 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | - | €3,196 | +€3,196 | |
| Non-distributable reserves | 130/1 | - | €3,196 | +€3,196 | |
| Legal reserve | 130 | - | €3,196 | +€3,196 | |
| Profit (loss) carried forward | 14 | -€30,683 | - | +€30,683 | |
| Amounts payable | 17/49 | €0 | €4,606 | +€4,606 | |
| Amounts payable within one year | 42/48 | €0 | €451 | +€451 | |
| Trade debts | 44 | €0 | €229 | +€229 | |
| Suppliers | 440/4 | €0 | €229 | +€229 | |
| Other amounts payable | 47/48 | €0 | €222 | +€222 | |
| Accrued charges and deferred income | 492/3 | - | €4,154 | +€4,154 | |
| Non-recurring operating income | 76A | €44,250 | - | -€44,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,522 | €2,522 | = | 0.0% |
| Other operating charges | 640/8 | €7,006 | €5,490 | -€1,516 | -21.6% |
| Gross operating margin | 9900 | €88,387 | €42,325 | -€46,063 | -52.1% |
| Operating profit (loss) | 9901 | €78,859 | €34,312 | -€44,547 | -56.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €739 | €434 | -€305 | -41.3% |
| Recurring financial charges | 65 | €739 | €434 | -€305 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €78,120 | €33,878 | -€44,242 | -56.6% |
| Profit (loss) for the period | 9904 | €78,120 | €33,878 | -€44,242 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €78,120 | €33,878 | -€44,242 | -56.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.