Dr. A. Lambrecht: 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.
Dr. A. Lambrecht
Largest movements
- Cash +€86,086
up €86,086 (+2567.8%), from €3,353 to €89,438
mainly Net result for the year (+€68,548) and Tax, wage and social debts (+€21,116)
- Tangible fixed assets -€1,973
down €1,973 (-4.6%), from €42,943 to €40,970
of which Leasing and similar rights: -€1,516
- Reserves +€64,500
new in 2025: €64,500
- Tax, wage and social debts +€21,116
up €21,116 (+19243.8%), from €110 to €21,226
- Debts after one year -€4,448
down €4,448 (-13.6%), from €32,620 to €28,172
- Profit (loss) carried forward +€4,048
up €4,048, from -€4,048 to €0
- Current portion of long-term debt +€2,324
up €2,324 (+25.9%), from €8,974 to €11,298
- Gross operating margin +€96,967
up €96,967 (+1786.4%), from €5,428 to €102,395
- Taxes +€18,997
up €18,997 (+11325.8%), from €168 to €19,164
- Depreciation +€4,435
up €4,435 (+56.1%), from €7,907 to €12,343
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 | €46,716 | €130,814 | +€84,098 | +180.0% |
| Formation expenses | 20 | €420 | €0 | -€420 | -100.0% |
| Fixed assets | 21/28 | €42,943 | €40,970 | -€1,973 | -4.6% |
| Tangible fixed assets | 22/27 | €42,943 | €40,970 | -€1,973 | -4.6% |
| Furniture and vehicles | 24 | €1,362 | €905 | -€456 | -33.5% |
| Leasing and similar rights | 25 | €41,582 | €40,065 | -€1,516 | -3.6% |
| Current assets | 29/58 | €3,353 | €89,843 | +€86,491 | +2579.8% |
| Cash at bank and in hand | 54/58 | €3,353 | €89,438 | +€86,086 | +2567.8% |
| Deferred charges and accrued income | 490/1 | - | €405 | +€405 | |
| Total equity and liabilities | 10/49 | €46,716 | €130,814 | +€84,098 | +180.0% |
| Equity | 10/15 | -€548 | €68,000 | +€68,548 | |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | - | €64,500 | +€64,500 | |
| Distributable reserves | 133 | - | €64,500 | +€64,500 | |
| Profit (loss) carried forward | 14 | -€4,048 | €0 | +€4,048 | |
| Amounts payable | 17/49 | €47,263 | €62,813 | +€15,550 | +32.9% |
| Amounts payable after more than one year | 17 | €32,620 | €28,172 | -€4,448 | -13.6% |
| Financial debts | 170/4 | €32,620 | €28,172 | -€4,448 | -13.6% |
| Amounts payable within one year | 42/48 | €14,643 | €34,641 | +€19,998 | +136.6% |
| Current portion of amounts payable after more than one year | 42 | €8,974 | €11,298 | +€2,324 | +25.9% |
| Trade debts | 44 | €3,420 | €1,245 | -€2,175 | -63.6% |
| Suppliers | 440/4 | €3,420 | €1,245 | -€2,175 | -63.6% |
| Taxes, remuneration and social security | 45 | €110 | €21,226 | +€21,116 | +19243.8% |
| Taxes | 450/3 | €110 | €21,226 | +€21,116 | +19243.8% |
| Other amounts payable | 47/48 | €2,140 | €873 | -€1,267 | -59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,907 | €12,343 | +€4,435 | +56.1% |
| Gross operating margin | 9900 | €5,428 | €102,395 | +€96,967 | +1786.4% |
| Operating profit (loss) | 9901 | -€2,479 | €90,052 | +€92,532 | |
| Financial charges | 65/66B | €1,400 | €2,340 | +€940 | +67.1% |
| Recurring financial charges | 65 | €1,400 | €2,340 | +€940 | +67.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,880 | €87,712 | +€91,592 | |
| Income taxes | 67/77 | €168 | €19,164 | +€18,997 | +11325.8% |
| Profit (loss) for the period | 9904 | -€4,048 | €68,548 | +€72,595 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,048 | €68,548 | +€72,595 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.