Cambrian: what changed
Two fiscal 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
Cambrian
NACE 69.101, Activities of lawyers
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €2.1m-€589,696
Equity
€10,000
2024 · €10,000
Cash
€684,754
2024 · €692,686-€7,932
Balance sheet total
€3.8m
2024 · €3.4m+€419,512
Largest movements
Assets
- Receivables within one year +€452,903
up €452,903 (+17.8%), from €2.5m to €3.0m
of which Trade receivables: +€383,909
Equity and liabilities
- Trade debts +€956,491
up €956,491 (+95.4%), from €1.0m to €2.0m
- Other debts -€589,814
down €589,814 (-28.0%), from €2.1m to €1.5m
- Tax, wage and social debts +€52,764
up €52,764 (+70.9%), from €74,446 to €127,210
of which Taxes: +€48,913
Income statement
- Gross operating margin -€433,262
down €433,262 (-20.1%), from €2.2m to €1.7m
- Write-downs +€121,447
new in 2025: €121,447
- Staff costs +€26,510
up €26,510 (+298.5%), from €8,881 to €35,391
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
€2.1m
Gross operating margin
-€433,262
Staff costs
-€26,510
Depreciation
-€549
Write-downs
-€121,447
Other operating charges
-€5,326
Financial income
+€917
Financial charges
+€688
Taxes
-€4,207
Result 2025
€1.5m
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
+€1.5m
Investment
-€3,518
Financing
-€1.5m
Cash 2024
€692,686
From operations (derived)
+€1.5m
Net result for the year
+€1.5m
Depreciation
+€31,341
Receivables within one year
-€452,903
Deferred charges and accrued income
-€2,364
Trade debts
+€956,491
Tax, wage and social debts
+€52,764
Other debts
-€589,814
Investment (derived)
-€3,518
Investment in fixed assets (net)
-€3,518
Financing
-€1.5m
Current portion of long-term debt
+€4,000
Short-term financial debts
-€3,929
Contributions, distributions and other
-€1.5m
Cash 2025
€684,754
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,414,069 | €3,833,581 | +€419,512 | +12.3% |
| Fixed assets | 21/28 | €137,480 | €109,657 | -€27,823 | -20.2% |
| Intangible fixed assets | 21 | €2,326 | - | -€2,326 | |
| Tangible fixed assets | 22/27 | €129,244 | €103,747 | -€25,497 | -19.7% |
| Furniture and vehicles | 24 | €50,086 | €34,870 | -€15,216 | -30.4% |
| Other tangible fixed assets | 26 | €79,158 | €68,877 | -€10,281 | -13.0% |
| Financial fixed assets | 28 | €5,910 | €5,910 | = | 0.0% |
| Current assets | 29/58 | €3,276,589 | €3,723,924 | +€447,335 | +13.7% |
| Amounts receivable within one year | 40/41 | €2,547,138 | €3,000,041 | +€452,903 | +17.8% |
| Trade receivables | 40 | €2,543,488 | €2,927,397 | +€383,909 | +15.1% |
| Other amounts receivable | 41 | €3,650 | €72,644 | +€68,994 | +1890.5% |
| Cash at bank and in hand | 54/58 | €692,686 | €684,754 | -€7,932 | -1.1% |
| Deferred charges and accrued income | 490/1 | €36,765 | €39,129 | +€2,364 | +6.4% |
| Total equity and liabilities | 10/49 | €3,414,069 | €3,833,581 | +€419,512 | +12.3% |
| Equity | 10/15 | €10,000 | €10,000 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €3,404,069 | €3,823,581 | +€419,512 | +12.3% |
| Amounts payable within one year | 42/48 | €3,400,069 | €3,819,581 | +€419,512 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €212,000 | €216,000 | +€4,000 | +1.9% |
| Financial debts | 43 | €5,584 | €1,655 | -€3,929 | -70.4% |
| Credit institutions | 430/8 | €5,584 | €1,655 | -€3,929 | -70.4% |
| Trade debts | 44 | €1,003,080 | €1,959,571 | +€956,491 | +95.4% |
| Suppliers | 440/4 | €1,003,080 | €1,959,571 | +€956,491 | +95.4% |
| Taxes, remuneration and social security | 45 | €74,446 | €127,210 | +€52,764 | +70.9% |
| Taxes | 450/3 | €74,446 | €123,359 | +€48,913 | +65.7% |
| Remuneration and social security | 454/9 | - | €3,851 | +€3,851 | |
| Other amounts payable | 47/48 | €2,104,958 | €1,515,144 | -€589,814 | -28.0% |
| Accrued charges and deferred income | 492/3 | €4,000 | €4,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €8,881 | €35,391 | +€26,510 | +298.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,792 | €31,341 | +€549 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €121,447 | +€121,447 | |
| Other operating charges | 640/8 | €5,802 | €11,128 | +€5,326 | +91.8% |
| Gross operating margin | 9900 | €2,155,322 | €1,722,059 | -€433,262 | -20.1% |
| Operating profit (loss) | 9901 | €2,109,847 | €1,522,752 | -€587,095 | -27.8% |
| Financial income | 75/76B | €5,313 | €6,230 | +€917 | +17.3% |
| Recurring financial income | 75 | €5,313 | €6,230 | +€917 | +17.3% |
| Financial charges | 65/66B | €6,304 | €5,616 | -€688 | -10.9% |
| Recurring financial charges | 65 | €6,304 | €5,616 | -€688 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €2,108,857 | €1,523,367 | -€585,490 | -27.8% |
| Income taxes | 67/77 | €4,452 | €8,659 | +€4,207 | +94.5% |
| Profit (loss) for the period | 9904 | €2,104,404 | €1,514,708 | -€589,696 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,104,404 | €1,514,708 | -€589,696 | -28.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.