Dr Simon Lamquet: 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 Simon Lamquet
Largest movements
- Receivables within one year +€101,324
up €101,324 (+1,126%), from €9,000 to €110,324
of which Trade receivables: +€99,026
- Cash +€39,409
up €39,409 (+615%), from €6,406 to €45,815
mainly Net result for the year (+€131,525) and Tax, wage and social debts (+€9,175)
- Reserves +€131,525
up €131,525 (+1,556%), from €8,450 to €139,976
- Tax, wage and social debts +€9,175
up €9,175 (+129%), from €7,135 to €16,310
of which Taxes: +€9,175
- Gross operating margin +€159,621
up €159,621 (+1,335%), from €11,957 to €171,578
- Taxes +€35,825
up €35,825 (+1,143%), from €3,135 to €38,960
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 | €17,657 | €157,511 | +€139,854 | +792% |
| Fixed assets | 21/28 | €2,251 | €1,372 | -€879 | -39.1% |
| Tangible fixed assets | 22/27 | €2,251 | €1,372 | -€879 | -39.1% |
| Furniture and vehicles | 24 | €2,251 | €1,372 | -€879 | -39.1% |
| Current assets | 29/58 | €15,406 | €156,139 | +€140,733 | +914% |
| Amounts receivable within one year | 40/41 | €9,000 | €110,324 | +€101,324 | +1,126% |
| Trade receivables | 40 | €9,000 | €108,026 | +€99,026 | +1,100% |
| Other amounts receivable | 41 | - | €2,299 | +€2,299 | |
| Cash at bank and in hand | 54/58 | €6,406 | €45,815 | +€39,409 | +615% |
| Total equity and liabilities | 10/49 | €17,657 | €157,511 | +€139,854 | +792% |
| Equity | 10/15 | €8,950 | €140,476 | +€131,525 | +1,470% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €8,450 | €139,976 | +€131,525 | +1,556% |
| Distributable reserves | 133 | €8,450 | €139,976 | +€131,525 | +1,556% |
| Amounts payable | 17/49 | €8,707 | €17,036 | +€8,329 | +95.7% |
| Amounts payable within one year | 42/48 | €7,981 | €16,310 | +€8,329 | +104% |
| Trade debts | 44 | €780 | - | -€780 | |
| Suppliers | 440/4 | €780 | - | -€780 | |
| Taxes, remuneration and social security | 45 | €7,135 | €16,310 | +€9,175 | +129% |
| Taxes | 450/3 | €5,385 | €14,560 | +€9,175 | +170% |
| Remuneration and social security | 454/9 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 47/48 | €67 | - | -€67 | |
| Accrued charges and deferred income | 492/3 | €726 | €726 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €387 | €879 | +€493 | +127% |
| Gross operating margin | 9900 | €11,957 | €171,578 | +€159,621 | +1,335% |
| Operating profit (loss) | 9901 | €11,570 | €170,698 | +€159,128 | +1,375% |
| Financial income | 75/76B | €29 | - | -€29 | |
| Recurring financial income | 75 | €29 | - | -€29 | |
| Financial charges | 65/66B | €14 | €213 | +€199 | +1,403% |
| Recurring financial charges | 65 | €14 | €213 | +€199 | +1,403% |
| Profit (loss) for the period before taxes | 9903 | €11,585 | €170,485 | +€158,900 | +1,372% |
| Income taxes | 67/77 | €3,135 | €38,960 | +€35,825 | +1,143% |
| Profit (loss) for the period | 9904 | €8,450 | €131,525 | +€123,075 | +1,456% |
| Profit (loss) for the period to be appropriated | 9905 | €8,450 | €131,525 | +€123,075 | +1,456% |
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 27 October 2026 via checked.be.