ANDRE & LAMBOTTE: 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.
ANDRE & LAMBOTTE
Largest movements
- Intangible fixed assets -€7,220
down €7,220 (-17.5%), from €41,315 to €34,095
- Tangible fixed assets +€1,437
new in 2025: €1,437
- Cash +€1,389
up €1,389 (+2.3%), from €60,269 to €61,658
mainly Net result for the year (+€11,862) and Depreciation (+€7,773)
- Profit (loss) carried forward +€11,862
up €11,862, from -€3,554 to €8,308
- Debts after one year -€5,761
down €5,761 (-26.2%), from €21,959 to €16,199
- Other debts -€3,981
down €3,981 (-21.8%), from €18,246 to €14,264
- Trade debts -€3,027
down €3,027 (-6.9%), from €43,728 to €40,701
- Tax, wage and social debts -€2,133
no longer reported in 2025 (was €2,133)
- Gross operating margin +€4,299
up €4,299 (+18.5%), from €23,248 to €27,548
- Taxes +€3,806
up €3,806 (+1974.6%), from €193 to €3,999
- Other operating charges -€3,506
down €3,506 (-53.8%), from €6,516 to €3,010
- Depreciation +€553
up €553 (+7.7%), from €7,220 to €7,773
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 | €105,649 | €100,552 | -€5,097 | -4.8% |
| Fixed assets | 21/28 | €41,315 | €35,532 | -€5,783 | -14.0% |
| Intangible fixed assets | 21 | €41,315 | €34,095 | -€7,220 | -17.5% |
| Tangible fixed assets | 22/27 | - | €1,437 | +€1,437 | |
| Furniture and vehicles | 24 | - | €1,437 | +€1,437 | |
| Current assets | 29/58 | €64,334 | €65,020 | +€685 | +1.1% |
| Amounts receivable within one year | 40/41 | €3,697 | €2,952 | -€745 | -20.1% |
| Trade receivables | 40 | €3,693 | €0 | -€3,693 | -100.0% |
| Other amounts receivable | 41 | €4 | €2,952 | +€2,948 | +67001.6% |
| Cash at bank and in hand | 54/58 | €60,269 | €61,658 | +€1,389 | +2.3% |
| Deferred charges and accrued income | 490/1 | €368 | €409 | +€41 | +11.2% |
| Total equity and liabilities | 10/49 | €105,649 | €100,552 | -€5,097 | -4.8% |
| Equity | 10/15 | €12,887 | €23,249 | +€10,361 | +80.4% |
| Contributions | 10/11 | €5,000 | €3,499 | -€1,501 | -30.0% |
| Reserves | 13 | €11,441 | €11,441 | = | 0.0% |
| Distributable reserves | 133 | €11,441 | €11,441 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,554 | €8,308 | +€11,862 | |
| Amounts payable | 17/49 | €92,762 | €77,303 | -€15,459 | -16.7% |
| Amounts payable after more than one year | 17 | €21,959 | €16,199 | -€5,761 | -26.2% |
| Financial debts | 170/4 | €21,959 | €16,199 | -€5,761 | -26.2% |
| Amounts payable within one year | 42/48 | €69,703 | €60,725 | -€8,977 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €5,597 | €5,761 | +€164 | +2.9% |
| Trade debts | 44 | €43,728 | €40,701 | -€3,027 | -6.9% |
| Suppliers | 440/4 | €43,728 | €40,701 | -€3,027 | -6.9% |
| Taxes, remuneration and social security | 45 | €2,133 | - | -€2,133 | |
| Taxes | 450/3 | €2,133 | - | -€2,133 | |
| Other amounts payable | 47/48 | €18,246 | €14,264 | -€3,981 | -21.8% |
| Accrued charges and deferred income | 492/3 | €1,100 | €379 | -€721 | -65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,220 | €7,773 | +€553 | +7.7% |
| Other operating charges | 640/8 | €6,516 | €3,010 | -€3,506 | -53.8% |
| Gross operating margin | 9900 | €23,248 | €27,548 | +€4,299 | +18.5% |
| Operating profit (loss) | 9901 | €9,512 | €16,765 | +€7,253 | +76.2% |
| Financial income | 75/76B | - | €135 | +€135 | |
| Recurring financial income | 75 | - | €135 | +€135 | |
| Financial charges | 65/66B | €1,154 | €1,039 | -€116 | -10.0% |
| Recurring financial charges | 65 | €1,154 | €1,039 | -€116 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €8,358 | €15,861 | +€7,503 | +89.8% |
| Income taxes | 67/77 | €193 | €3,999 | +€3,806 | +1974.6% |
| Profit (loss) for the period | 9904 | €8,165 | €11,862 | +€3,697 | +45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,165 | €11,862 | +€3,697 | +45.3% |
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 12 October 2026 via checked.be.