Dr. Astrid De Lamper: 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.
Dr. Astrid De Lamper
Largest movements
- Cash +€70,881
up €70,881 (+165%), from €42,874 to €113,755
mainly Net result for the year (+€86,981) and Tax, wage and social debts (+€21,383)
- Receivables within one year +€35,692
up €35,692 (+2,379%), from €1,500 to €37,192
of which Other amounts receivable: +€37,103
- Reserves +€86,148
up €86,148 (+1,886%), from €4,567 to €90,714
- Tax, wage and social debts +€21,383
up €21,383 (+1,611%), from €1,327 to €22,711
- Debts after one year -€8,750
down €8,750 (-26.1%), from €33,542 to €24,792
- Current portion of long-term debt +€7,292
up €7,292 (+500%), from €1,458 to €8,750
- Other debts +€2,781
up €2,781 (+65.6%), from €4,241 to €7,022
- Gross operating margin +€107,863
up €107,863 (+1,519%), from €7,102 to €114,965
- Taxes +€21,383
up €21,383 (+1,611%), from €1,327 to €22,711
- Staff costs +€4,308
new in 2025: €4,308
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 | €50,002 | €156,644 | +€106,642 | +213% |
| Fixed assets | 21/28 | €1,431 | €948 | -€483 | -33.7% |
| Tangible fixed assets | 22/27 | €1,431 | €948 | -€483 | -33.7% |
| Furniture and vehicles | 24 | €1,431 | €948 | -€483 | -33.7% |
| Current assets | 29/58 | €48,571 | €155,696 | +€107,125 | +221% |
| Amounts receivable within one year | 40/41 | €1,500 | €37,192 | +€35,692 | +2,379% |
| Trade receivables | 40 | €1,500 | €90 | -€1,411 | -94.0% |
| Other amounts receivable | 41 | - | €37,103 | +€37,103 | |
| Cash at bank and in hand | 54/58 | €42,874 | €113,755 | +€70,881 | +165% |
| Deferred charges and accrued income | 490/1 | €4,197 | €4,748 | +€552 | +13.1% |
| Total equity and liabilities | 10/49 | €50,002 | €156,644 | +€106,642 | +213% |
| Equity | 10/15 | €7,067 | €93,214 | +€86,148 | +1,219% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €4,567 | €90,714 | +€86,148 | +1,886% |
| Distributable reserves | 133 | €4,567 | €90,714 | +€86,148 | +1,886% |
| Amounts payable | 17/49 | €42,935 | €63,430 | +€20,494 | +47.7% |
| Amounts payable after more than one year | 17 | €33,542 | €24,792 | -€8,750 | -26.1% |
| Financial debts | 170/4 | €33,542 | €24,792 | -€8,750 | -26.1% |
| Amounts payable within one year | 42/48 | €9,394 | €38,638 | +€29,244 | +311% |
| Current portion of amounts payable after more than one year | 42 | €1,458 | €8,750 | +€7,292 | +500% |
| Trade debts | 44 | €2,367 | €155 | -€2,211 | -93.4% |
| Suppliers | 440/4 | €2,367 | €155 | -€2,211 | -93.4% |
| Taxes, remuneration and social security | 45 | €1,327 | €22,711 | +€21,383 | +1,611% |
| Taxes | 450/3 | €1,327 | €22,711 | +€21,383 | +1,611% |
| Other amounts payable | 47/48 | €4,241 | €7,022 | +€2,781 | +65.6% |
| Remuneration, social security and pensions | 62 | - | €4,308 | +€4,308 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17 | €483 | +€466 | +2,707% |
| Other operating charges | 640/8 | €329 | - | -€329 | |
| Gross operating margin | 9900 | €7,102 | €114,965 | +€107,863 | +1,519% |
| Operating profit (loss) | 9901 | €6,756 | €110,174 | +€103,418 | +1,531% |
| Financial income | 75/76B | €29 | €147 | +€118 | +404% |
| Recurring financial income | 75 | €29 | €147 | +€118 | +404% |
| Financial charges | 65/66B | €32 | €630 | +€598 | +1,861% |
| Recurring financial charges | 65 | €32 | €630 | +€598 | +1,861% |
| Profit (loss) for the period before taxes | 9903 | €6,753 | €109,691 | +€102,938 | +1,524% |
| Income taxes | 67/77 | €1,327 | €22,711 | +€21,383 | +1,611% |
| Profit (loss) for the period | 9904 | €5,426 | €86,981 | +€81,555 | +1,503% |
| Profit (loss) for the period to be appropriated | 9905 | €5,426 | €86,981 | +€81,555 | +1,503% |
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 21 October 2026 via checked.be.