Cercle Saint Lambert: 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.
Cercle Saint Lambert
Largest movements
- Current investments +€15,599
up €15,599 (+34.0%), from €45,838 to €61,438
- Tangible fixed assets -€10,194
down €10,194 (-13.7%), from €74,537 to €64,343
of which Land and buildings: -€8,633
- Cash -€1,646
down €1,646 (-36.1%), from €4,556 to €2,910
mainly Current investments (-€15,599) and Debts after one year (-€3,064)
- Profit (loss) carried forward +€4,987
up €4,987 (+18.8%), from €26,570 to €31,557
- Accrued charges and deferred income +€3,140
up €3,140 (+816.8%), from €384 to €3,525
- Debts after one year -€3,064
down €3,064 (-52.7%), from €5,814 to €2,750
of which Financial debts: -€3,064
- Gross operating margin -€12,616
down €12,616 (-37.4%), from €33,732 to €21,115
- Depreciation -€384
down €384 (-3.6%), from €10,578 to €10,194
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 | €126,659 | €130,487 | +€3,827 | +3.0% |
| Fixed assets | 21/28 | €74,537 | €64,343 | -€10,194 | -13.7% |
| Tangible fixed assets | 22/27 | €74,537 | €64,343 | -€10,194 | -13.7% |
| Land and buildings | 22 | €70,415 | €61,782 | -€8,633 | -12.3% |
| Plant, machinery and equipment | 23 | €2,944 | €1,700 | -€1,244 | -42.3% |
| Furniture and vehicles | 24 | €1,178 | €861 | -€317 | -26.9% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €52,122 | €66,144 | +€14,021 | +26.9% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | €45,838 | €61,438 | +€15,599 | +34.0% |
| Cash at bank and in hand | 54/58 | €4,556 | €2,910 | -€1,646 | -36.1% |
| Deferred charges and accrued income | 490/1 | €1,728 | €1,796 | +€68 | +3.9% |
| Total equity and liabilities | 10/49 | €126,659 | €130,487 | +€3,827 | +3.0% |
| Equity | 10/15 | €114,670 | €119,657 | +€4,987 | +4.3% |
| Contributions | 10/11 | €12,188 | €12,188 | = | 0.0% |
| Revaluation surpluses | 12 | €72,073 | €72,073 | = | 0.0% |
| Reserves | 13 | €3,839 | €3,839 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,963 | €1,963 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,963 | €1,963 | = | 0.0% |
| Distributable reserves | 133 | €1,876 | €1,876 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,570 | €31,557 | +€4,987 | +18.8% |
| Amounts payable | 17/49 | €11,990 | €10,830 | -€1,160 | -9.7% |
| Amounts payable after more than one year | 17 | €5,814 | €2,750 | -€3,064 | -52.7% |
| Financial debts | 170/4 | €3,564 | €500 | -€3,064 | -86.0% |
| Other amounts payable | 178/9 | €2,250 | €2,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,792 | €4,555 | -€1,236 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €4,213 | €3,064 | -€1,150 | -27.3% |
| Trade debts | 44 | €392 | €392 | = | 0.0% |
| Suppliers | 440/4 | €392 | €392 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €409 | €322 | -€87 | -21.2% |
| Taxes | 450/3 | €409 | €322 | -€87 | -21.2% |
| Other amounts payable | 47/48 | €778 | €778 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €384 | €3,525 | +€3,140 | +816.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,578 | €10,194 | -€384 | -3.6% |
| Other operating charges | 640/8 | €6,308 | €6,043 | -€265 | -4.2% |
| Gross operating margin | 9900 | €33,732 | €21,115 | -€12,616 | -37.4% |
| Operating profit (loss) | 9901 | €16,846 | €4,879 | -€11,967 | -71.0% |
| Financial income | 75/76B | €104 | €311 | +€207 | +198.9% |
| Recurring financial income | 75 | €104 | €311 | +€207 | +198.9% |
| Financial charges | 65/66B | €340 | €203 | -€138 | -40.4% |
| Recurring financial charges | 65 | €340 | €203 | -€138 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €16,610 | €4,987 | -€11,623 | -70.0% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €16,610 | €4,987 | -€11,623 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,610 | €4,987 | -€11,623 | -70.0% |
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.