LACE INTERMEDIATE: 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 INTERMEDIATE
Largest movements
- Tangible fixed assets -€13,905
down €13,905 (-6.7%), from €206,223 to €192,318
of which Land and buildings: -€11,998
- Cash +€5,807
up €5,807 (+36.2%), from €16,042 to €21,849
mainly Depreciation (+€14,582) and Net result for the year (+€5,492)
- Other debts -€8,600
down €8,600 (-24.2%), from €35,600 to €27,000
- Profit (loss) carried forward +€5,492
up €5,492 (+4.1%), from €134,559 to €140,051
- Advances received -€4,800
down €4,800 (-30.0%), from €16,000 to €11,200
- Current portion of long-term debt -€3,000
down €3,000 (-44.8%), from €6,700 to €3,700
- Gross operating margin +€5,584
up €5,584 (+9.1%), from €61,171 to €66,755
- Purchases and services -€4,473
down €4,473 (-9.9%), from €45,166 to €40,693
- Financial income -€1,656
down €1,656 (-37.4%), from €4,432 to €2,776
- Taxes +€1,431
up €1,431 (+166%), from €863 to €2,294
- Turnover +€1,111
up €1,111 (+1.0%), from €106,337 to €107,448
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 | €224,613 | €216,819 | -€7,794 | -3.5% |
| Fixed assets | 21/28 | €206,453 | €192,548 | -€13,905 | -6.7% |
| Tangible fixed assets | 22/27 | €206,223 | €192,318 | -€13,905 | -6.7% |
| Land and buildings | 22 | €197,472 | €185,474 | -€11,998 | -6.1% |
| Plant, machinery and equipment | 23 | €5,579 | €4,612 | -€967 | -17.3% |
| Furniture and vehicles | 24 | €3,172 | €2,232 | -€940 | -29.6% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €18,160 | €24,271 | +€6,111 | +33.7% |
| Amounts receivable within one year | 40/41 | €2,118 | €2,422 | +€304 | +14.4% |
| Trade receivables | 40 | €484 | €484 | = | 0.0% |
| Other amounts receivable | 41 | €1,634 | €1,938 | +€304 | +18.6% |
| Cash at bank and in hand | 54/58 | €16,042 | €21,849 | +€5,807 | +36.2% |
| Total equity and liabilities | 10/49 | €224,613 | €216,819 | -€7,794 | -3.5% |
| Equity | 10/15 | €157,575 | €163,067 | +€5,492 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,416 | €4,416 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €2,557 | €2,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,559 | €140,051 | +€5,492 | +4.1% |
| Amounts payable | 17/49 | €67,038 | €53,752 | -€13,286 | -19.8% |
| Amounts payable within one year | 42/48 | €67,038 | €53,752 | -€13,286 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €6,700 | €3,700 | -€3,000 | -44.8% |
| Trade debts | 44 | €463 | €2,669 | +€2,206 | +476% |
| Suppliers | 440/4 | €463 | €2,669 | +€2,206 | +476% |
| Advances received on contracts in progress | 46 | €16,000 | €11,200 | -€4,800 | -30.0% |
| Taxes, remuneration and social security | 45 | €8,275 | €9,183 | +€908 | +11.0% |
| Taxes | 450/3 | €8,275 | €4,402 | -€3,873 | -46.8% |
| Remuneration and social security | 454/9 | - | €4,781 | +€4,781 | |
| Other amounts payable | 47/48 | €35,600 | €27,000 | -€8,600 | -24.2% |
| Turnover | 70 | €106,337 | €107,448 | +€1,111 | +1.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €45,166 | €40,693 | -€4,473 | -9.9% |
| Remuneration, social security and pensions | 62 | €44,163 | €44,664 | +€501 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,900 | €14,582 | +€682 | +4.9% |
| Other operating charges | 640/8 | €1,979 | €2,038 | +€59 | +3.0% |
| Non-recurring operating charges | 66A | €68 | €110 | +€42 | +61.8% |
| Gross operating margin | 9900 | €61,171 | €66,755 | +€5,584 | +9.1% |
| Operating profit (loss) | 9901 | €1,061 | €5,361 | +€4,300 | +405% |
| Financial income | 75/76B | €4,432 | €2,776 | -€1,656 | -37.4% |
| Recurring financial income | 75 | €4,432 | €2,776 | -€1,656 | -37.4% |
| Financial charges | 65/66B | €213 | €351 | +€138 | +64.8% |
| Recurring financial charges | 65 | €213 | €351 | +€138 | +64.8% |
| Profit (loss) for the period before taxes | 9903 | €5,280 | €7,786 | +€2,506 | +47.5% |
| Income taxes | 67/77 | €863 | €2,294 | +€1,431 | +166% |
| Profit (loss) for the period | 9904 | €4,417 | €5,492 | +€1,075 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,417 | €5,492 | +€1,075 | +24.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.