LANCZ GALLERY: 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.
LANCZ GALLERY
Largest movements
- Receivables within one year +€113,743
up €113,743 (+126%), from €90,252 to €203,995
of which Trade receivables: +€125,510
- Stocks and contracts -€107,530
down €107,530 (-20.2%), from €531,768 to €424,238
- Tangible fixed assets -€14,594
down €14,594 (-34.7%), from €42,084 to €27,490
- Other debts +€82,125
up €82,125 (+80.1%), from €102,489 to €184,615
- Profit (loss) carried forward -€77,952
down €77,952 (-143%), from -€54,573 to -€132,526
- Debts after one year -€29,027
down €29,027 (-26.1%), from €111,373 to €82,345
- Trade debts +€14,785
up €14,785 (+3.4%), from €430,554 to €445,339
- Gross operating margin -€66,736
down €66,736, from €18,704 to -€48,032
- Staff costs +€5,692
new in 2024: €5,692
- Depreciation -€3,490
down €3,490 (-25.5%), from €13,674 to €10,184
- Financial charges +€2,979
up €2,979 (+33.8%), from €8,815 to €11,794
- Other operating charges +€2,691
up €2,691 (+204%), from €1,320 to €4,011
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €664,923 | €660,463 | -€4,460 | -0.7% |
| Fixed assets | 21/28 | €42,084 | €27,490 | -€14,594 | -34.7% |
| Tangible fixed assets | 22/27 | €42,084 | €27,490 | -€14,594 | -34.7% |
| Furniture and vehicles | 24 | €42,084 | €27,490 | -€14,594 | -34.7% |
| Current assets | 29/58 | €622,839 | €632,973 | +€10,134 | +1.6% |
| Stocks and contracts in progress | 3 | €531,768 | €424,238 | -€107,530 | -20.2% |
| Stocks | 30/36 | €531,768 | €424,238 | -€107,530 | -20.2% |
| Amounts receivable within one year | 40/41 | €90,252 | €203,995 | +€113,743 | +126% |
| Trade receivables | 40 | €74,485 | €199,995 | +€125,510 | +169% |
| Other amounts receivable | 41 | €15,767 | €4,000 | -€11,767 | -74.6% |
| Deferred charges and accrued income | 490/1 | €819 | €4,741 | +€3,922 | +479% |
| Total equity and liabilities | 10/49 | €664,923 | €660,463 | -€4,460 | -0.7% |
| Equity | 10/15 | -€49,573 | -€127,526 | -€77,952 | -157% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,573 | -€132,526 | -€77,952 | -143% |
| Amounts payable | 17/49 | €714,497 | €787,989 | +€73,492 | +10.3% |
| Amounts payable after more than one year | 17 | €111,373 | €82,345 | -€29,027 | -26.1% |
| Financial debts | 170/4 | €111,373 | €82,345 | -€29,027 | -26.1% |
| Amounts payable within one year | 42/48 | €603,124 | €705,644 | +€102,520 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €29,792 | €31,379 | +€1,587 | +5.3% |
| Financial debts | 43 | €33,660 | €38,094 | +€4,434 | +13.2% |
| Credit institutions | 430/8 | €33,660 | €38,094 | +€4,434 | +13.2% |
| Trade debts | 44 | €430,554 | €445,339 | +€14,785 | +3.4% |
| Suppliers | 440/4 | €430,554 | €445,339 | +€14,785 | +3.4% |
| Taxes, remuneration and social security | 45 | €6,628 | €6,217 | -€411 | -6.2% |
| Taxes | 450/3 | €6,628 | €3,592 | -€3,037 | -45.8% |
| Remuneration and social security | 454/9 | - | €2,625 | +€2,625 | |
| Other amounts payable | 47/48 | €102,489 | €184,615 | +€82,125 | +80.1% |
| Remuneration, social security and pensions | 62 | - | €5,692 | +€5,692 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,674 | €10,184 | -€3,490 | -25.5% |
| Other operating charges | 640/8 | €1,320 | €4,011 | +€2,691 | +204% |
| Gross operating margin | 9900 | €18,704 | -€48,032 | -€66,736 | |
| Operating profit (loss) | 9901 | €3,709 | -€67,919 | -€71,628 | |
| Financial income | 75/76B | €0 | €2,091 | +€2,090 | +1,306,469% |
| Recurring financial income | 75 | €0 | €2,091 | +€2,090 | +1,306,469% |
| Financial charges | 65/66B | €8,815 | €11,794 | +€2,979 | +33.8% |
| Recurring financial charges | 65 | €8,815 | €11,794 | +€2,979 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,106 | -€77,622 | -€72,517 | -1,420% |
| Income taxes | 67/77 | €211 | €330 | +€118 | +56.0% |
| Profit (loss) for the period | 9904 | -€5,317 | -€77,952 | -€72,635 | -1,366% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,317 | -€77,952 | -€72,635 | -1,366% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.