Lecture & Gadgets: 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.
Lecture & Gadgets
Largest movements
- Cash -€26,448
down €26,448 (-63.2%), from €41,863 to €15,415
mainly Net result for the year (-€20,627) and Other debts (-€8,250)
- Receivables within one year -€1,731
down €1,731 (-64.7%), from €2,675 to €944
of which Other amounts receivable: -€975
- Profit (loss) carried forward -€20,627
down €20,627 (-48.7%), from €42,324 to €21,697
- Other debts -€8,250
down €8,250 (-40.1%), from €20,588 to €12,338
- Trade debts -€4,644
down €4,644 (-43.5%), from €10,682 to €6,038
- Tax, wage and social debts +€4,465
up €4,465 (+45.4%), from €9,840 to €14,305
of which Remuneration and social security: +€5,460
- Gross operating margin -€34,324
down €34,324, from €19,075 to -€15,249
- Other operating charges +€1,617
up €1,617 (+71.6%), from €2,257 to €3,874
- Financial charges -€237
down €237 (-29.4%), from €805 to €568
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 | €97,564 | €68,507 | -€29,057 | -29.8% |
| Fixed assets | 21/28 | €1,196 | €610 | -€586 | -49.0% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €985 | €399 | -€586 | -59.5% |
| Furniture and vehicles | 24 | €985 | €399 | -€586 | -59.5% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €96,368 | €67,898 | -€28,471 | -29.5% |
| Stocks and contracts in progress | 3 | €51,539 | €51,539 | = | 0.0% |
| Stocks | 30/36 | €51,539 | €51,539 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,675 | €944 | -€1,731 | -64.7% |
| Trade receivables | 40 | €756 | - | -€756 | |
| Other amounts receivable | 41 | €1,919 | €944 | -€975 | -50.8% |
| Cash at bank and in hand | 54/58 | €41,863 | €15,415 | -€26,448 | -63.2% |
| Deferred charges and accrued income | 490/1 | €291 | - | -€291 | |
| Total equity and liabilities | 10/49 | €97,564 | €68,507 | -€29,057 | -29.8% |
| Equity | 10/15 | €56,454 | €35,826 | -€20,627 | -36.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,730 | €1,730 | = | 0.0% |
| Distributable reserves | 133 | €1,730 | €1,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,324 | €21,697 | -€20,627 | -48.7% |
| Amounts payable | 17/49 | €41,111 | €32,681 | -€8,430 | -20.5% |
| Amounts payable within one year | 42/48 | €41,111 | €32,681 | -€8,430 | -20.5% |
| Trade debts | 44 | €10,682 | €6,038 | -€4,644 | -43.5% |
| Suppliers | 440/4 | €10,682 | €6,038 | -€4,644 | -43.5% |
| Taxes, remuneration and social security | 45 | €9,840 | €14,305 | +€4,465 | +45.4% |
| Taxes | 450/3 | €2,330 | €1,335 | -€995 | -42.7% |
| Remuneration and social security | 454/9 | €7,510 | €12,970 | +€5,460 | +72.7% |
| Other amounts payable | 47/48 | €20,588 | €12,338 | -€8,250 | -40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €586 | €586 | = | 0.0% |
| Other operating charges | 640/8 | €2,257 | €3,874 | +€1,617 | +71.6% |
| Non-recurring operating charges | 66A | - | €350 | +€350 | |
| Gross operating margin | 9900 | €19,075 | -€15,249 | -€34,324 | |
| Operating profit (loss) | 9901 | €16,232 | -€20,060 | -€36,291 | |
| Financial income | 75/76B | €1 | €1 | -€0 | -23.9% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -23.9% |
| Financial charges | 65/66B | €805 | €568 | -€237 | -29.4% |
| Recurring financial charges | 65 | €805 | €568 | -€237 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €15,428 | -€20,627 | -€36,055 | |
| Profit (loss) for the period | 9904 | €15,428 | -€20,627 | -€36,055 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,428 | -€20,627 | -€36,055 |
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 13 October 2026 via checked.be.