Lancewood: 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.
Lancewood
Largest movements
- Deferred charges and accrued income +€15,071
up €15,071 (+879%), from €1,715 to €16,786
- Cash -€6,227
down €6,227 (-9.8%), from €63,756 to €57,529
mainly Contributions, distributions and other (-€23,529) and Deferred charges and accrued income (-€15,071)
- Receivables within one year -€4,515
down €4,515 (-100%), from €4,515 to €0
of which Other amounts receivable: -€4,515
- Tangible fixed assets -€826
down €826 (-48.6%), from €1,697 to €872
of which Furniture and vehicles: -€545
- Reserves -€19,354
down €19,354 (-42.6%), from €45,424 to €26,070
- Other debts +€17,559
up €17,559 (+2,098%), from €837 to €18,395
- Tax, wage and social debts +€7,506
up €7,506 (+467%), from €1,609 to €9,115
of which Taxes: +€6,746
- Accrued charges and deferred income -€2,442
down €2,442 (-50.6%), from €4,826 to €2,383
- Gross operating margin +€20,056
up €20,056, from -€14,117 to €5,939
- Depreciation -€330
down €330 (-28.6%), from €1,156 to €826
- Other operating charges -€246
down €246 (-27.3%), from €900 to €654
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 | €71,683 | €75,187 | +€3,504 | +4.9% |
| Fixed assets | 21/28 | €1,697 | €872 | -€826 | -48.6% |
| Tangible fixed assets | 22/27 | €1,697 | €872 | -€826 | -48.6% |
| Plant, machinery and equipment | 23 | €749 | €469 | -€281 | -37.5% |
| Furniture and vehicles | 24 | €948 | €403 | -€545 | -57.5% |
| Current assets | 29/58 | €69,986 | €74,315 | +€4,330 | +6.2% |
| Amounts receivable within one year | 40/41 | €4,515 | €0 | -€4,515 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,515 | €0 | -€4,515 | -100% |
| Cash at bank and in hand | 54/58 | €63,756 | €57,529 | -€6,227 | -9.8% |
| Deferred charges and accrued income | 490/1 | €1,715 | €16,786 | +€15,071 | +879% |
| Total equity and liabilities | 10/49 | €71,683 | €75,187 | +€3,504 | +4.9% |
| Equity | 10/15 | €64,024 | €44,670 | -€19,354 | -30.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,424 | €26,070 | -€19,354 | -42.6% |
| Distributable reserves | 133 | €45,424 | €26,070 | -€19,354 | -42.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €7,659 | €30,516 | +€22,858 | +298% |
| Amounts payable within one year | 42/48 | €2,833 | €28,133 | +€25,300 | +893% |
| Trade debts | 44 | €387 | €623 | +€236 | +60.9% |
| Suppliers | 440/4 | €387 | €623 | +€236 | +60.9% |
| Taxes, remuneration and social security | 45 | €1,609 | €9,115 | +€7,506 | +467% |
| Taxes | 450/3 | €617 | €7,363 | +€6,746 | +1,094% |
| Remuneration and social security | 454/9 | €992 | €1,752 | +€760 | +76.6% |
| Other amounts payable | 47/48 | €837 | €18,395 | +€17,559 | +2,098% |
| Accrued charges and deferred income | 492/3 | €4,826 | €2,383 | -€2,442 | -50.6% |
| Non-recurring operating income | 76A | €23,637 | €0 | -€23,637 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,156 | €826 | -€330 | -28.6% |
| Other operating charges | 640/8 | €900 | €654 | -€246 | -27.3% |
| Gross operating margin | 9900 | -€14,117 | €5,939 | +€20,056 | |
| Operating profit (loss) | 9901 | -€16,173 | €4,459 | +€20,633 | |
| Financial income | 75/76B | €0 | €9 | +€9 | +8,910% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +8,910% |
| Financial charges | 65/66B | €156 | €152 | -€4 | -2.5% |
| Recurring financial charges | 65 | €156 | €152 | -€4 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,329 | €4,316 | +€20,645 | |
| Income taxes | 67/77 | €242 | €141 | -€101 | -41.7% |
| Profit (loss) for the period | 9904 | -€16,571 | €4,176 | +€20,746 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,571 | €4,176 | +€20,746 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.