LANCER EUROPE: what changed
What changed
LANCER EUROPE
NACE 28.294, Manufacture of machinery and equipment not elsewhere classified
filed annual accounts (NBB)
Net result for the year
€2.8m
2023 · €1.8m+€1.0m
Equity
€13.3m
2023 · €12.0m+€1.3m
Cash
€6.5m
2023 · €4.1m+€2.4m
Balance sheet total
€20.7m
2023 · €16.2m+€4.5m
Largest movements
Assets
- Stocks and contracts +€2.4m
up €2.4m (+58.6%), from €4.1m to €6.4m
- Cash +€2.4m
up €2.4m (+57.0%), from €4.1m to €6.5m
mainly Net result for the year (+€2.8m) and Other debts (+€1.5m)
- Receivables within one year -€1.4m
down €1.4m (-17.6%), from €7.9m to €6.5m
of which Trade receivables: -€1.2m
- Tangible fixed assets +€1.1m
up €1.1m (+1,281%), from €89,173 to €1.2m
of which Land and buildings: +€1.2m
Equity and liabilities
- Other debts +€1.5m
new in 2024: €1.5m
- Reserves +€1.3m
up €1.3m (+10.8%), from €12.0m to €13.3m
of which Distributable reserves: +€1.3m
- Accrued charges and deferred income +€667,635
up €667,635 (+385%), from €173,600 to €841,235
- Trade debts +€647,199
up €647,199 (+17.8%), from €3.6m to €4.3m
- Tax, wage and social debts +€402,662
up €402,662 (+111%), from €363,221 to €765,883
of which Taxes: +€358,237
Income statement
- Turnover +€2.7m
up €2.7m (+11.1%), from €24.6m to €27.3m
- Goods and materials +€1.5m
up €1.5m (+7.5%), from €20.3m to €21.9m
of which Purchases: +€4.3m
- Taxes +€357,926
up €357,926 (+54.6%), from €655,695 to €1.0m
of which Taxes: +€411,138
- Financial income +€316,368
up €316,368 (+42.6%), from €741,955 to €1.1m
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€1.8m
Turnover
+€2.7m
Other operating income
+€40,492
Goods and materials
-€1.5m
Services and other goods
-€69,116
Staff costs
-€106,082
Depreciation
-€3,245
Write-downs
+€8,744
Other operating charges
+€95,479
Financial income
+€316,368
Financial charges
-€77,999
Taxes
-€357,926
Result 2024
€2.8m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€5.0m
Investment
-€1.2m
Financing
-€1.5m
Cash 2023
€4.1m
From operations (derived)
+€5.0m
Net result for the year
+€2.8m
Depreciation
+€46,154
Stocks and contracts
-€2.4m
Receivables within one year
+€1.4m
Deferred charges and accrued income
-€19,282
Trade debts
+€647,199
Tax, wage and social debts
+€402,662
Other debts
+€1.5m
Accrued charges and deferred income
+€667,635
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Financing
-€1.5m
Contributions, distributions and other
-€1.5m
Cash 2024
€6.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,215,526 | €20,729,071 | +€4.5m | +27.8% |
| Fixed assets | 21/28 | €96,919 | €1,239,621 | +€1.1m | +1,179% |
| Tangible fixed assets | 22/27 | €89,173 | €1,231,875 | +€1.1m | +1,281% |
| Land and buildings | 22 | - | €1,163,778 | +€1.2m | |
| Plant, machinery and equipment | 23 | €3,026 | €1,554 | -€1,472 | -48.7% |
| Furniture and vehicles | 24 | €83,245 | €65,222 | -€18,023 | -21.7% |
| Other tangible fixed assets | 26 | €2,902 | €1,321 | -€1,582 | -54.5% |
| Financial fixed assets | 28 | €7,746 | €7,746 | = | 0.0% |
| Other financial fixed assets | 284/8 | €7,746 | €7,746 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €7,746 | €7,746 | = | 0.0% |
| Current assets | 29/58 | €16,118,606 | €19,489,450 | +€3.4m | +20.9% |
| Stocks and contracts in progress | 3 | €4,062,650 | €6,444,063 | +€2.4m | +58.6% |
| Stocks | 30/36 | €4,062,650 | €6,444,063 | +€2.4m | +58.6% |
| Goods purchased for resale | 34 | €4,062,650 | €6,444,063 | +€2.4m | +58.6% |
| Amounts receivable within one year | 40/41 | €7,865,743 | €6,479,766 | -€1.4m | -17.6% |
| Trade receivables | 40 | €7,675,990 | €6,442,960 | -€1.2m | -16.1% |
| Other amounts receivable | 41 | €189,754 | €36,807 | -€152,947 | -80.6% |
| Cash at bank and in hand | 54/58 | €4,135,906 | €6,492,031 | +€2.4m | +57.0% |
| Deferred charges and accrued income | 490/1 | €54,308 | €73,590 | +€19,282 | +35.5% |
| Total equity and liabilities | 10/49 | €16,215,526 | €20,729,071 | +€4.5m | +27.8% |
| Equity | 10/15 | €12,039,722 | €13,335,771 | +€1.3m | +10.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €11,977,748 | €13,273,797 | +€1.3m | +10.8% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €11,971,551 | €13,267,600 | +€1.3m | +10.8% |
| Amounts payable | 17/49 | €4,175,804 | €7,393,300 | +€3.2m | +77.1% |
| Amounts payable within one year | 42/48 | €4,002,204 | €6,552,065 | +€2.5m | +63.7% |
| Trade debts | 44 | €3,638,983 | €4,286,183 | +€647,199 | +17.8% |
| Suppliers | 440/4 | €3,638,983 | €4,286,183 | +€647,199 | +17.8% |
| Taxes, remuneration and social security | 45 | €363,221 | €765,883 | +€402,662 | +111% |
| Taxes | 450/3 | €133,546 | €491,783 | +€358,237 | +268% |
| Remuneration and social security | 454/9 | €229,675 | €274,100 | +€44,425 | +19.3% |
| Other amounts payable | 47/48 | - | €1,500,000 | +€1.5m | |
| Accrued charges and deferred income | 492/3 | €173,600 | €841,235 | +€667,635 | +385% |
| Operating income | 70/76A | €25,065,484 | €27,831,924 | +€2.8m | +11.0% |
| Turnover | 70 | €24,623,196 | €27,349,144 | +€2.7m | +11.1% |
| Other operating income | 74 | €442,288 | €482,780 | +€40,492 | +9.2% |
| Operating charges | 60/66A | €22,895,872 | €24,505,519 | +€1.6m | +7.0% |
| Goods for resale, raw materials and consumables | 60 | €20,337,963 | €21,873,390 | +€1.5m | +7.5% |
| Purchases | 600/8 | €19,776,906 | €24,036,481 | +€4.3m | +21.5% |
| Change in stocks: decrease (increase) | 609 | €561,057 | -€2,163,091 | -€2.7m | |
| Services and other goods | 61 | €1,034,617 | €1,103,734 | +€69,116 | +6.7% |
| Remuneration, social security and pensions | 62 | €1,188,289 | €1,294,371 | +€106,082 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,909 | €46,154 | +€3,245 | +7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €54,070 | €45,326 | -€8,744 | -16.2% |
| Other operating charges | 640/8 | €238,024 | €142,545 | -€95,479 | -40.1% |
| Operating profit (loss) | 9901 | €2,169,613 | €3,326,405 | +€1.2m | +53.3% |
| Financial income | 75/76B | €741,955 | €1,058,322 | +€316,368 | +42.6% |
| Recurring financial income | 75 | €741,955 | €1,058,322 | +€316,368 | +42.6% |
| Other financial income | 752/9 | €741,955 | €1,058,322 | +€316,368 | +42.6% |
| Financial charges | 65/66B | €497,058 | €575,057 | +€77,999 | +15.7% |
| Recurring financial charges | 65 | €497,058 | €575,057 | +€77,999 | +15.7% |
| Other financial charges | 652/9 | €497,058 | €575,057 | +€77,999 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €2,414,509 | €3,809,670 | +€1.4m | +57.8% |
| Income taxes | 67/77 | €655,695 | €1,013,621 | +€357,926 | +54.6% |
| Taxes | 670/3 | €655,695 | €1,066,833 | +€411,138 | +62.7% |
| Tax adjustments and reversals of tax provisions | 77 | - | €53,212 | +€53,212 | |
| Profit (loss) for the period | 9904 | €1,758,814 | €2,796,049 | +€1.0m | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,758,814 | €2,796,049 | +€1.0m | +59.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.