LAMBERT ETIENNE BOIS: 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.
LAMBERT ETIENNE BOIS
Largest movements
- Current investments +€40,000
new in 2025: €40,000
- Receivables within one year +€24,306
up €24,306 (+1,095%), from €2,219 to €26,525
- Tangible fixed assets -€9,062
down €9,062 (-32.3%), from €28,026 to €18,964
of which Furniture and vehicles: -€8,994
- Cash +€6,915
up €6,915 (+12.7%), from €54,546 to €61,461
mainly Net result for the year (+€52,091) and Depreciation (+€10,229)
- Reserves +€50,900
up €50,900 (+91.8%), from €55,450 to €106,350
- Trade debts +€8,540
up €8,540 (+8,043%), from €106 to €8,646
- Tax, wage and social debts +€2,827
up €2,827 (+11.1%), from €25,575 to €28,402
- Gross operating margin -€10,418
down €10,418 (-11.0%), from €94,827 to €84,409
- Depreciation -€3,087
down €3,087 (-23.2%), from €13,316 to €10,229
- Financial charges -€1,658
down €1,658 (-84.5%), from €1,962 to €304
- Other operating charges -€1,389
down €1,389 (-60.9%), from €2,282 to €893
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 | €86,080 | €148,087 | +€62,007 | +72.0% |
| Fixed assets | 21/28 | €28,026 | €18,964 | -€9,062 | -32.3% |
| Tangible fixed assets | 22/27 | €28,026 | €18,964 | -€9,062 | -32.3% |
| Furniture and vehicles | 24 | €26,323 | €17,328 | -€8,994 | -34.2% |
| Other tangible fixed assets | 26 | €1,703 | €1,263 | -€440 | -25.8% |
| Assets under construction and advance payments | 27 | - | €372 | +€372 | |
| Current assets | 29/58 | €58,054 | €129,123 | +€71,069 | +122% |
| Amounts receivable within one year | 40/41 | €2,219 | €26,525 | +€24,306 | +1,095% |
| Trade receivables | 40 | €2,219 | €26,525 | +€24,306 | +1,095% |
| Current investments | 50/53 | - | €40,000 | +€40,000 | |
| Cash at bank and in hand | 54/58 | €54,546 | €61,461 | +€6,915 | +12.7% |
| Deferred charges and accrued income | 490/1 | €1,290 | €1,138 | -€152 | -11.8% |
| Total equity and liabilities | 10/49 | €86,080 | €148,087 | +€62,007 | +72.0% |
| Equity | 10/15 | €58,460 | €109,352 | +€50,891 | +87.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €55,450 | €106,350 | +€50,900 | +91.8% |
| Distributable reserves | 133 | €55,450 | €106,350 | +€50,900 | +91.8% |
| Profit (loss) carried forward | 14 | €10 | €2 | -€9 | -83.3% |
| Amounts payable | 17/49 | €27,619 | €38,735 | +€11,116 | +40.2% |
| Amounts payable within one year | 42/48 | €26,419 | €38,735 | +€12,316 | +46.6% |
| Trade debts | 44 | €106 | €8,646 | +€8,540 | +8,043% |
| Suppliers | 440/4 | €106 | €8,646 | +€8,540 | +8,043% |
| Taxes, remuneration and social security | 45 | €25,575 | €28,402 | +€2,827 | +11.1% |
| Taxes | 450/3 | €25,575 | €28,402 | +€2,827 | +11.1% |
| Other amounts payable | 47/48 | €738 | €1,687 | +€949 | +129% |
| Accrued charges and deferred income | 492/3 | €1,200 | - | -€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,316 | €10,229 | -€3,087 | -23.2% |
| Other operating charges | 640/8 | €2,282 | €893 | -€1,389 | -60.9% |
| Gross operating margin | 9900 | €94,827 | €84,409 | -€10,418 | -11.0% |
| Operating profit (loss) | 9901 | €79,229 | €73,287 | -€5,942 | -7.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -87.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -87.5% |
| Financial charges | 65/66B | €1,962 | €304 | -€1,658 | -84.5% |
| Recurring financial charges | 65 | €1,962 | €304 | -€1,658 | -84.5% |
| Profit (loss) for the period before taxes | 9903 | €77,268 | €72,983 | -€4,285 | -5.5% |
| Income taxes | 67/77 | €21,807 | €20,892 | -€916 | -4.2% |
| Profit (loss) for the period | 9904 | €55,460 | €52,091 | -€3,369 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,460 | €52,091 | -€3,369 | -6.1% |
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 20 October 2026 via checked.be.