Lano: 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.
What changed
Lano
NACE 13.930, Manufacture of textiles
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €2.3m-€651,165
Equity
€28.2m
2024 · €26.6m+€1.6m
Cash
€5.7m
2024 · €4.2m+€1.4m
Balance sheet total
€75.5m
2024 · €80.4m-€4.9m
Largest movements
Assets
- Stocks and contracts -€9.2m
down €9.2m (-25.1%), from €36.5m to €27.3m
- Receivables within one year +€3.1m
up €3.1m (+21.8%), from €14.2m to €17.3m
of which Other amounts receivable: +€2.5m
- Tangible fixed assets -€1.8m
down €1.8m (-14.9%), from €12.3m to €10.5m
of which Leasing and similar rights: -€1.1m
- Cash +€1.4m
up €1.4m (+33.9%), from €4.2m to €5.7m
mainly Stocks and contracts (+€9.2m) and Depreciation (+€6.0m)
- Intangible fixed assets +€1.4m
up €1.4m (+100.2%), from €1.4m to €2.8m
Equity and liabilities
- Trade debts -€4.9m
down €4.9m (-28.6%), from €17.1m to €12.2m
- Profit (loss) carried forward +€1.8m
up €1.8m (+11.3%), from €15.9m to €17.7m
- Other debts -€1.1m
down €1.1m (-49.1%), from €2.2m to €1.1m
Income statement
- Goods and materials -€6.7m
down €6.7m (-13.7%), from €48.9m to €42.2m
of which Purchases: -€14.0m
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.
Result 2024
€2.3m
Turnover
-€123,784
Other operating income
-€461,981
Goods and materials
+€6.7m
Services and other goods
+€26,187
Staff costs
-€239,409
Depreciation
-€168,799
Write-downs
+€43,737
Other operating charges
-€43,041
Other operating items
-€6.5m
Financial income
-€388,490
Financial charges
+€166,553
Taxes
+€355,407
Result 2025
€1.6m
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.
From operations
+€7.2m
Investment
-€6.0m
Financing
+€259,665
Cash 2024
€4.2m
From operations (derived)
+€7.2m
Net result for the year
+€1.6m
Depreciation
+€6.0m
Stocks and contracts
+€9.2m
Receivables within one year
-€3.1m
Deferred charges and accrued income
+€246,939
Trade debts
-€4.9m
Tax, wage and social debts
-€723,869
Other debts
-€1.1m
Accrued charges and deferred income
-€71,088
Investment (derived)
-€6.0m
Investment in fixed assets (net)
-€6.0m
Financing
+€259,665
Debts after one year
+€472,146
Current portion of long-term debt
+€72,983
Short-term financial debts
-€285,464
Cash 2025
€5.7m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,381,285 | €75,494,352 | -€4.9m | -6.1% |
| Fixed assets | 21/28 | €25,103,499 | €25,124,476 | +€20,977 | +0.1% |
| Intangible fixed assets | 21 | €1,405,258 | €2,813,583 | +€1.4m | +100.2% |
| Tangible fixed assets | 22/27 | €12,314,541 | €10,477,194 | -€1.8m | -14.9% |
| Plant, machinery and equipment | 23 | €6,936,241 | €6,377,288 | -€558,953 | -8.1% |
| Furniture and vehicles | 24 | €89,589 | €70,636 | -€18,953 | -21.2% |
| Leasing and similar rights | 25 | €4,357,211 | €3,230,115 | -€1.1m | -25.9% |
| Other tangible fixed assets | 26 | €620,282 | €636,314 | +€16,032 | +2.6% |
| Assets under construction and advance payments | 27 | €311,218 | €162,840 | -€148,377 | -47.7% |
| Financial fixed assets | 28 | €11,383,700 | €11,833,699 | +€449,999 | +4.0% |
| Affiliated companies | 280/1 | €11,369,215 | €11,819,214 | +€449,999 | +4.0% |
| Participating interests | 280 | €11,369,215 | €11,819,214 | +€449,999 | +4.0% |
| Other financial fixed assets | 284/8 | €14,485 | €14,485 | = | 0.0% |
| Shares | 284 | €6,111 | €6,111 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €8,374 | €8,374 | = | 0.0% |
| Current assets | 29/58 | €55,277,786 | €50,369,877 | -€4.9m | -8.9% |
| Stocks and contracts in progress | 3 | €36,515,693 | €27,332,999 | -€9.2m | -25.1% |
| Stocks | 30/36 | €36,515,693 | €27,332,999 | -€9.2m | -25.1% |
| Raw materials and consumables | 30/31 | €17,270,738 | €12,399,155 | -€4.9m | -28.2% |
| Work in progress | 32 | €9,030,354 | €6,527,561 | -€2.5m | -27.7% |
| Finished goods | 33 | €10,214,601 | €8,406,283 | -€1.8m | -17.7% |
| Amounts receivable within one year | 40/41 | €14,174,759 | €17,257,792 | +€3.1m | +21.8% |
| Trade receivables | 40 | €3,264,146 | €3,852,653 | +€588,507 | +18.0% |
| Other amounts receivable | 41 | €10,910,613 | €13,405,139 | +€2.5m | +22.9% |
| Cash at bank and in hand | 54/58 | €4,246,796 | €5,685,488 | +€1.4m | +33.9% |
| Deferred charges and accrued income | 490/1 | €340,538 | €93,599 | -€246,939 | -72.5% |
| Total equity and liabilities | 10/49 | €80,381,285 | €75,494,352 | -€4.9m | -6.1% |
| Equity | 10/15 | €26,557,385 | €28,195,165 | +€1.6m | +6.2% |
| Contributions | 10/11 | €4,238,614 | €4,238,614 | = | 0.0% |
| Capital | 10 | €4,238,614 | €4,238,614 | = | 0.0% |
| Issued capital | 100 | €4,238,614 | €4,238,614 | = | 0.0% |
| Reserves | 13 | €6,441,555 | €6,292,678 | -€148,876 | -2.3% |
| Non-distributable reserves | 130/1 | €1,020,049 | €1,020,049 | = | 0.0% |
| Legal reserve | 130 | €1,019,578 | €1,019,578 | = | 0.0% |
| Reserves not available under the articles | 1311 | €471 | €471 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,803,524 | €2,654,648 | -€148,876 | -5.3% |
| Distributable reserves | 133 | €2,617,981 | €2,617,981 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,877,216 | €17,663,872 | +€1.8m | +11.3% |
| Amounts payable | 17/49 | €53,823,900 | €47,299,187 | -€6.5m | -12.1% |
| Amounts payable after more than one year | 17 | €12,285,190 | €12,757,336 | +€472,146 | +3.8% |
| Financial debts | 170/4 | €12,285,190 | €12,757,336 | +€472,146 | +3.8% |
| Leasing and similar obligations | 172 | €3,085,190 | €2,374,002 | -€711,188 | -23.1% |
| Credit institutions | 173 | €9,200,000 | €10,383,333 | +€1.2m | +12.9% |
| Amounts payable within one year | 42/48 | €41,045,252 | €34,119,483 | -€6.9m | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €3,647,447 | €3,720,430 | +€72,983 | +2.0% |
| Financial debts | 43 | €13,463,214 | €13,177,750 | -€285,464 | -2.1% |
| Credit institutions | 430/8 | €13,463,214 | €13,177,750 | -€285,464 | -2.1% |
| Trade debts | 44 | €17,121,635 | €12,220,854 | -€4.9m | -28.6% |
| Suppliers | 440/4 | €17,121,635 | €12,220,854 | -€4.9m | -28.6% |
| Taxes, remuneration and social security | 45 | €4,597,826 | €3,873,958 | -€723,869 | -15.7% |
| Taxes | 450/3 | €1,246,462 | €1,078,813 | -€167,649 | -13.4% |
| Remuneration and social security | 454/9 | €3,351,364 | €2,795,144 | -€556,220 | -16.6% |
| Other amounts payable | 47/48 | €2,215,130 | €1,126,491 | -€1.1m | -49.1% |
| Accrued charges and deferred income | 492/3 | €493,457 | €422,369 | -€71,088 | -14.4% |
| Operating income | 70/76A | €102,434,907 | €95,066,460 | -€7.4m | -7.2% |
| Turnover | 70 | €95,326,620 | €95,202,836 | -€123,784 | -0.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,428,594 | -€4,311,111 | -€5.7m | |
| Own construction capitalised | 72 | €3,607,175 | €2,652,916 | -€954,260 | -26.5% |
| Other operating income | 74 | €1,979,812 | €1,517,831 | -€461,981 | -23.3% |
| Non-recurring operating income | 76A | €92,705 | €3,988 | -€88,717 | -95.7% |
| Operating charges | 60/66A | €99,257,754 | €92,673,943 | -€6.6m | -6.6% |
| Goods for resale, raw materials and consumables | 60 | €48,880,790 | €42,180,778 | -€6.7m | -13.7% |
| Purchases | 600/8 | €51,287,862 | €37,309,195 | -€14.0m | -27.3% |
| Change in stocks: decrease (increase) | 609 | -€2,407,072 | €4,871,583 | +€7.3m | |
| Services and other goods | 61 | €24,116,178 | €24,089,991 | -€26,187 | -0.1% |
| Remuneration, social security and pensions | 62 | €19,388,814 | €19,628,223 | +€239,409 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,790,166 | €5,958,965 | +€168,799 | +2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,195 | -€47,932 | -€43,737 | -1042.5% |
| Other operating charges | 640/8 | €710,371 | €753,412 | +€43,041 | +6.1% |
| Non-recurring operating charges | 66A | €375,630 | €110,505 | -€265,125 | -70.6% |
| Operating profit (loss) | 9901 | €3,177,152 | €2,392,518 | -€784,635 | -24.7% |
| Financial income | 75/76B | €3,980,580 | €3,592,090 | -€388,490 | -9.8% |
| Recurring financial income | 75 | €3,980,580 | €3,592,090 | -€388,490 | -9.8% |
| Income from financial fixed assets | 750 | €1,686,885 | €1,756,861 | +€69,977 | +4.1% |
| Income from current assets | 751 | €520,304 | €589,111 | +€68,808 | +13.2% |
| Other financial income | 752/9 | €1,773,392 | €1,246,117 | -€527,274 | -29.7% |
| Financial charges | 65/66B | €4,511,809 | €4,345,256 | -€166,553 | -3.7% |
| Recurring financial charges | 65 | €4,511,809 | €4,345,256 | -€166,553 | -3.7% |
| Debt charges | 650 | €1,970,537 | €1,739,830 | -€230,707 | -11.7% |
| Other financial charges | 652/9 | €2,541,272 | €2,605,426 | +€64,154 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €2,645,923 | €1,639,352 | -€1.0m | -38.0% |
| Income taxes | 67/77 | €356,979 | €1,572 | -€355,407 | -99.6% |
| Taxes | 670/3 | €357,924 | €39,188 | -€318,736 | -89.1% |
| Tax adjustments and reversals of tax provisions | 77 | €945 | €37,616 | +€36,671 | +3880.7% |
| Profit (loss) for the period | 9904 | €2,288,944 | €1,637,780 | -€651,165 | -28.4% |
| Transfer from tax-exempt reserves | 789 | €148,876 | €148,876 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,437,821 | €1,786,656 | -€651,165 | -26.7% |
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 11 October 2026 via checked.be.