Lorenzo Stroobant: 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.
Lorenzo Stroobant
Largest movements
- Cash +€40,344
up €40,344 (+80.3%), from €50,264 to €90,608
mainly Net result for the year (+€38,281) and Tax, wage and social debts (+€3,800)
- Reserves +€37,448
up €37,448 (+119%), from €31,564 to €69,012
- Tax, wage and social debts +€3,800
up €3,800 (+24.1%), from €15,791 to €19,590
of which Taxes: +€3,409
- Other debts -€934
down €934 (-51.6%), from €1,811 to €877
- Gross operating margin +€8,014
up €8,014 (+17.9%), from €44,763 to €52,777
- Taxes +€2,919
up €2,919 (+26.8%), from €10,898 to €13,818
- Other operating charges -€792
down €792 (-57.5%), from €1,377 to €585
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 | €50,264 | €90,608 | +€40,344 | +80.3% |
| Current assets | 29/58 | €50,264 | €90,608 | +€40,344 | +80.3% |
| Cash at bank and in hand | 54/58 | €50,264 | €90,608 | +€40,344 | +80.3% |
| Total equity and liabilities | 10/49 | €50,264 | €90,608 | +€40,344 | +80.3% |
| Equity | 10/15 | €31,664 | €69,112 | +€37,448 | +118% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €31,564 | €69,012 | +€37,448 | +119% |
| Distributable reserves | 133 | €31,564 | €69,012 | +€37,448 | +119% |
| Amounts payable | 17/49 | €18,600 | €21,496 | +€2,896 | +15.6% |
| Amounts payable within one year | 42/48 | €18,600 | €21,496 | +€2,896 | +15.6% |
| Trade debts | 44 | €998 | €1,028 | +€30 | +3.0% |
| Suppliers | 440/4 | €998 | €1,028 | +€30 | +3.0% |
| Taxes, remuneration and social security | 45 | €15,791 | €19,590 | +€3,800 | +24.1% |
| Taxes | 450/3 | €15,791 | €19,199 | +€3,409 | +21.6% |
| Remuneration and social security | 454/9 | - | €391 | +€391 | |
| Other amounts payable | 47/48 | €1,811 | €877 | -€934 | -51.6% |
| Other operating charges | 640/8 | €1,377 | €585 | -€792 | -57.5% |
| Gross operating margin | 9900 | €44,763 | €52,777 | +€8,014 | +17.9% |
| Operating profit (loss) | 9901 | €43,385 | €52,192 | +€8,806 | +20.3% |
| Financial charges | 65/66B | €90 | €93 | +€3 | +3.3% |
| Recurring financial charges | 65 | €90 | €93 | +€3 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €43,295 | €52,099 | +€8,803 | +20.3% |
| Income taxes | 67/77 | €10,898 | €13,818 | +€2,919 | +26.8% |
| Profit (loss) for the period | 9904 | €32,397 | €38,281 | +€5,884 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,397 | €38,281 | +€5,884 | +18.2% |
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 30 October 2026 via checked.be.