Camille Lacroix: 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.
Camille Lacroix
Largest movements
- Receivables within one year +€92,668
up €92,668 (+399%), from €23,250 to €115,918
- Cash +€82,489
up €82,489 (+330%), from €25,034 to €107,523
mainly Net result for the year (+€130,415) and Tax, wage and social debts (+€31,435)
- Deferred charges and accrued income -€4,579
no longer reported in 2025 (was €4,579)
- Profit (loss) carried forward +€129,582
up €129,582 (+506%), from €25,597 to €155,179
- Tax, wage and social debts +€31,435
up €31,435 (+246%), from €12,783 to €44,217
- Other debts +€8,989
up €8,989 (+91.2%), from €9,852 to €18,841
- Gross operating margin +€134,840
up €134,840 (+388%), from €34,755 to €169,594
- Taxes +€30,835
up €30,835 (+398%), from €7,743 to €38,577
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.
Derived cash bridge
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 | €52,862 | €223,441 | +€170,579 | +323% |
| Current assets | 29/58 | €52,862 | €223,441 | +€170,579 | +323% |
| Amounts receivable within one year | 40/41 | €23,250 | €115,918 | +€92,668 | +399% |
| Trade receivables | 40 | €23,250 | €115,918 | +€92,668 | +399% |
| Cash at bank and in hand | 54/58 | €25,034 | €107,523 | +€82,489 | +330% |
| Deferred charges and accrued income | 490/1 | €4,579 | - | -€4,579 | |
| Total equity and liabilities | 10/49 | €52,862 | €223,441 | +€170,579 | +323% |
| Equity | 10/15 | €28,097 | €157,679 | +€129,582 | +461% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,597 | €155,179 | +€129,582 | +506% |
| Amounts payable | 17/49 | €24,766 | €65,762 | +€40,997 | +166% |
| Amounts payable within one year | 42/48 | €22,846 | €64,262 | +€41,416 | +181% |
| Trade debts | 44 | €211 | €1,204 | +€992 | +470% |
| Suppliers | 440/4 | €211 | €1,204 | +€992 | +470% |
| Taxes, remuneration and social security | 45 | €12,783 | €44,217 | +€31,435 | +246% |
| Taxes | 450/3 | €12,783 | €44,217 | +€31,435 | +246% |
| Other amounts payable | 47/48 | €9,852 | €18,841 | +€8,989 | +91.2% |
| Accrued charges and deferred income | 492/3 | €1,920 | €1,500 | -€420 | -21.9% |
| Other operating charges | 640/8 | €437 | €400 | -€38 | -8.6% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €34,755 | €169,594 | +€134,840 | +388% |
| Operating profit (loss) | 9901 | €34,317 | €169,131 | +€134,814 | +393% |
| Financial charges | 65/66B | €119 | €139 | +€20 | +16.6% |
| Recurring financial charges | 65 | €119 | €139 | +€20 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €34,198 | €168,993 | +€134,794 | +394% |
| Income taxes | 67/77 | €7,743 | €38,577 | +€30,835 | +398% |
| Profit (loss) for the period | 9904 | €26,456 | €130,415 | +€103,960 | +393% |
| Profit (loss) for the period to be appropriated | 9905 | €26,456 | €130,415 | +€103,960 | +393% |
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 25 October 2026 via checked.be.