LACE GALLERY: 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 GALLERY
Largest movements
- Cash -€39,054
down €39,054 (-43.0%), from €90,784 to €51,730
mainly Other debts (-€36,000) and Tax, wage and social debts (-€2,255)
- Other debts -€36,000
down €36,000 (-87.7%), from €41,066 to €5,066
- Tax, wage and social debts -€2,255
no longer reported in 2026 (was €2,255)
- Gross operating margin -€177,658
down €177,658, from €177,605 to -€53
- Staff costs -€17,418
no longer reported in 2026 (was €17,418)
- Taxes -€2,255
no longer reported in 2026 (was €2,255)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,950 | €52,057 | -€38,893 | -42.8% |
| Current assets | 29/58 | €90,950 | €52,057 | -€38,893 | -42.8% |
| Amounts receivable within one year | 40/41 | €166 | €327 | +€161 | +97.0% |
| Other amounts receivable | 41 | €166 | €327 | +€161 | +97.0% |
| Cash at bank and in hand | 54/58 | €90,784 | €51,730 | -€39,054 | -43.0% |
| Total equity and liabilities | 10/49 | €90,950 | €52,057 | -€38,893 | -42.8% |
| Equity | 10/15 | €43,108 | €42,870 | -€238 | -0.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €24,516 | €24,516 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,970 | €1,970 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,970 | €1,970 | = | 0.0% |
| Distributable reserves | 133 | €22,546 | €22,546 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€238 | -€238 | |
| Amounts payable | 17/49 | €47,842 | €9,187 | -€38,655 | -80.8% |
| Amounts payable within one year | 42/48 | €47,842 | €9,187 | -€38,655 | -80.8% |
| Trade debts | 44 | €4,521 | €4,121 | -€400 | -8.8% |
| Suppliers | 440/4 | €4,521 | €4,121 | -€400 | -8.8% |
| Taxes, remuneration and social security | 45 | €2,255 | - | -€2,255 | |
| Taxes | 450/3 | €2,255 | - | -€2,255 | |
| Other amounts payable | 47/48 | €41,066 | €5,066 | -€36,000 | -87.7% |
| Remuneration, social security and pensions | 62 | €17,418 | - | -€17,418 | |
| Other operating charges | 640/8 | €190 | - | -€190 | |
| Non-recurring operating charges | 66A | €1,911 | - | -€1,911 | |
| Gross operating margin | 9900 | €177,605 | -€53 | -€177,658 | |
| Operating profit (loss) | 9901 | €158,086 | -€53 | -€158,139 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €591 | €185 | -€406 | -68.7% |
| Recurring financial charges | 65 | €591 | €185 | -€406 | -68.7% |
| Profit (loss) for the period before taxes | 9903 | €157,505 | -€238 | -€157,743 | |
| Income taxes | 67/77 | €2,255 | - | -€2,255 | |
| Profit (loss) for the period | 9904 | €155,250 | -€238 | -€155,488 | |
| Profit (loss) for the period to be appropriated | 9905 | €155,250 | -€238 | -€155,488 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.