LANCEDEAN: 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.
LANCEDEAN
Largest movements
- Receivables within one year -€1,336
down €1,336 (-11.5%), from €11,604 to €10,268
- Cash -€1,075
down €1,075 (-4.6%), from €23,142 to €22,068
mainly Net result for the year (-€2,586) and Investment in fixed assets (net) (-€609)
- Profit (loss) carried forward -€2,586
down €2,586 (-11.6%), from €22,261 to €19,675
- Purchases and services -€2,647
down €2,647 (-53.8%), from €4,925 to €2,277
- Turnover -€1,800
no longer reported in 2025 (was €1,800)
- Gross operating margin +€847
up €847 (+28.1%), from -€3,017 to -€2,169
- Other operating charges -€537
no longer reported in 2025 (was €537)
- Financial income -€473
down €473 (-45.7%), from €1,034 to €562
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 | €36,561 | €33,935 | -€2,626 | -7.2% |
| Fixed assets | 21/28 | €1,815 | €1,600 | -€215 | -11.8% |
| Tangible fixed assets | 22/27 | €1,815 | €1,600 | -€215 | -11.8% |
| Plant, machinery and equipment | 23 | €1,815 | €1,600 | -€215 | -11.8% |
| Current assets | 29/58 | €34,746 | €32,335 | -€2,411 | -6.9% |
| Amounts receivable within one year | 40/41 | €11,604 | €10,268 | -€1,336 | -11.5% |
| Other amounts receivable | 41 | €11,604 | €10,268 | -€1,336 | -11.5% |
| Cash at bank and in hand | 54/58 | €23,142 | €22,068 | -€1,075 | -4.6% |
| Total equity and liabilities | 10/49 | €36,561 | €33,935 | -€2,626 | -7.2% |
| Equity | 10/15 | €36,521 | €33,935 | -€2,586 | -7.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,261 | €19,675 | -€2,586 | -11.6% |
| Amounts payable | 17/49 | €40 | - | -€40 | |
| Amounts payable within one year | 42/48 | €40 | - | -€40 | |
| Taxes, remuneration and social security | 45 | €40 | - | -€40 | |
| Taxes | 450/3 | €40 | - | -€40 | |
| Turnover | 70 | €1,800 | - | -€1,800 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,925 | €2,277 | -€2,647 | -53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,010 | €824 | -€186 | -18.4% |
| Other operating charges | 640/8 | €537 | - | -€537 | |
| Gross operating margin | 9900 | -€3,017 | -€2,169 | +€847 | +28.1% |
| Operating profit (loss) | 9901 | -€4,564 | -€2,994 | +€1,571 | +34.4% |
| Financial income | 75/76B | €1,034 | €562 | -€473 | -45.7% |
| Recurring financial income | 75 | €1,034 | €562 | -€473 | -45.7% |
| Financial charges | 65/66B | €240 | €154 | -€86 | -36.0% |
| Recurring financial charges | 65 | €240 | €154 | -€86 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,770 | -€2,586 | +€1,184 | +31.4% |
| Profit (loss) for the period | 9904 | -€3,770 | -€2,586 | +€1,184 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,770 | -€2,586 | +€1,184 | +31.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.