LANCO DESIGN: 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.
LANCO DESIGN
Largest movements
- Receivables within one year +€238,612
up €238,612 (+138.7%), from €172,038 to €410,650
of which Trade receivables: +€220,099
- Stocks and contracts +€65,357
up €65,357 (+30.4%), from €215,058 to €280,415
- Tangible fixed assets +€54,249
up €54,249 (+8.4%), from €645,492 to €699,741
of which Plant, machinery and equipment: +€109,111
- Cash -€31,647
down €31,647 (-51.1%), from €61,888 to €30,241
mainly Receivables within one year (-€238,612) and Investment in fixed assets (net) (-€170,616)
- Trade debts +€155,945
up €155,945 (+131.4%), from €118,672 to €274,617
- Reserves +€111,082
up €111,082 (+24.1%), from €461,218 to €572,299
of which Distributable reserves: +€111,082
- Debts after one year +€41,615
up €41,615 (+24.9%), from €167,325 to €208,940
- Other debts +€38,565
up €38,565 (+30.1%), from €128,149 to €166,714
- Gross operating margin +€123,662
up €123,662 (+14.3%), from €864,010 to €987,672
- Staff costs +€84,768
up €84,768 (+14.4%), from €587,428 to €672,195
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 | €1,100,163 | €1,425,314 | +€325,151 | +29.6% |
| Fixed assets | 21/28 | €651,179 | €704,008 | +€52,829 | +8.1% |
| Intangible fixed assets | 21 | €3,186 | €1,766 | -€1,420 | -44.6% |
| Tangible fixed assets | 22/27 | €645,492 | €699,741 | +€54,249 | +8.4% |
| Land and buildings | 22 | €496,919 | €459,499 | -€37,421 | -7.5% |
| Plant, machinery and equipment | 23 | €116,925 | €226,036 | +€109,111 | +93.3% |
| Furniture and vehicles | 24 | €31,648 | €14,207 | -€17,442 | -55.1% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €448,984 | €721,306 | +€272,322 | +60.7% |
| Stocks and contracts in progress | 3 | €215,058 | €280,415 | +€65,357 | +30.4% |
| Stocks | 30/36 | €215,058 | €280,415 | +€65,357 | +30.4% |
| Amounts receivable within one year | 40/41 | €172,038 | €410,650 | +€238,612 | +138.7% |
| Trade receivables | 40 | €171,247 | €391,346 | +€220,099 | +128.5% |
| Other amounts receivable | 41 | €791 | €19,304 | +€18,513 | +2340.2% |
| Cash at bank and in hand | 54/58 | €61,888 | €30,241 | -€31,647 | -51.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,100,163 | €1,425,314 | +€325,151 | +29.6% |
| Equity | 10/15 | €491,218 | €602,299 | +€111,082 | +22.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €461,218 | €572,299 | +€111,082 | +24.1% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €458,218 | €569,299 | +€111,082 | +24.2% |
| Amounts payable | 17/49 | €608,945 | €823,015 | +€214,069 | +35.2% |
| Amounts payable after more than one year | 17 | €167,325 | €208,940 | +€41,615 | +24.9% |
| Financial debts | 170/4 | €167,325 | €208,940 | +€41,615 | +24.9% |
| Amounts payable within one year | 42/48 | €441,620 | €614,074 | +€172,454 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | €87,177 | €75,338 | -€11,839 | -13.6% |
| Financial debts | 43 | €7,590 | €7,577 | -€13 | -0.2% |
| Credit institutions | 430/8 | €7,590 | €7,577 | -€13 | -0.2% |
| Trade debts | 44 | €118,672 | €274,617 | +€155,945 | +131.4% |
| Suppliers | 440/4 | €118,672 | €274,617 | +€155,945 | +131.4% |
| Taxes, remuneration and social security | 45 | €100,033 | €89,829 | -€10,204 | -10.2% |
| Taxes | 450/3 | €1,759 | €19,242 | +€17,482 | +993.8% |
| Remuneration and social security | 454/9 | €98,274 | €70,587 | -€27,687 | -28.2% |
| Other amounts payable | 47/48 | €128,149 | €166,714 | +€38,565 | +30.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €587,428 | €672,195 | +€84,768 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,236 | €117,787 | +€7,551 | +6.8% |
| Other operating charges | 640/8 | €8,431 | €11,247 | +€2,816 | +33.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €864,010 | €987,672 | +€123,662 | +14.3% |
| Operating profit (loss) | 9901 | €157,915 | €186,443 | +€28,528 | +18.1% |
| Financial income | 75/76B | €1,200 | €3,430 | +€2,229 | +185.7% |
| Recurring financial income | 75 | €1,200 | €3,430 | +€2,229 | +185.7% |
| Financial charges | 65/66B | €36,563 | €30,551 | -€6,012 | -16.4% |
| Recurring financial charges | 65 | €36,563 | €30,551 | -€6,012 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €122,553 | €159,321 | +€36,769 | +30.0% |
| Income taxes | 67/77 | €39,209 | €48,240 | +€9,031 | +23.0% |
| Profit (loss) for the period | 9904 | €83,344 | €111,082 | +€27,738 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,344 | €111,082 | +€27,738 | +33.3% |
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 10 October 2026 via checked.be.