Lucas Pinelli - Avocat: 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.
Lucas Pinelli - Avocat
Largest movements
- Cash +€46,705
up €46,705 (+131.1%), from €35,613 to €82,318
mainly Net result for the year (+€43,504) and Depreciation (+€4,334)
- Receivables within one year +€4,473
up €4,473 (+296.8%), from €1,507 to €5,980
of which Other amounts receivable: +€4,556
- Tangible fixed assets -€4,333
down €4,333 (-33.4%), from €12,988 to €8,655
- Profit (loss) carried forward +€43,504
up €43,504 (+119.3%), from €36,469 to €79,973
- Tax, wage and social debts +€3,113
up €3,113 (+29.0%), from €10,736 to €13,849
- Gross operating margin +€14,535
up €14,535 (+31.7%), from €45,895 to €60,430
- Depreciation +€4,322
up €4,322 (+36411.4%), from €12 to €4,334
- Taxes +€2,975
up €2,975 (+31.7%), from €9,397 to €12,372
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.
Cash bridge derived
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 | €50,109 | €96,953 | +€46,844 | +93.5% |
| Fixed assets | 21/28 | €12,989 | €8,655 | -€4,334 | -33.4% |
| Intangible fixed assets | 21 | €1 | €0 | -€1 | -100.0% |
| Tangible fixed assets | 22/27 | €12,988 | €8,655 | -€4,333 | -33.4% |
| Furniture and vehicles | 24 | €12,988 | €8,655 | -€4,333 | -33.4% |
| Current assets | 29/58 | €37,120 | €88,297 | +€51,177 | +137.9% |
| Amounts receivable within one year | 40/41 | €1,507 | €5,980 | +€4,473 | +296.8% |
| Trade receivables | 40 | €1,507 | €1,424 | -€83 | -5.5% |
| Other amounts receivable | 41 | - | €4,556 | +€4,556 | |
| Cash at bank and in hand | 54/58 | €35,613 | €82,318 | +€46,705 | +131.1% |
| Total equity and liabilities | 10/49 | €50,109 | €96,953 | +€46,844 | +93.5% |
| Equity | 10/15 | €38,469 | €81,973 | +€43,504 | +113.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,469 | €79,973 | +€43,504 | +119.3% |
| Amounts payable | 17/49 | €11,640 | €14,979 | +€3,339 | +28.7% |
| Amounts payable within one year | 42/48 | €11,640 | €14,979 | +€3,339 | +28.7% |
| Trade debts | 44 | €194 | €1,130 | +€937 | +483.8% |
| Suppliers | 440/4 | €194 | €1,130 | +€937 | +483.8% |
| Taxes, remuneration and social security | 45 | €10,736 | €13,849 | +€3,113 | +29.0% |
| Taxes | 450/3 | €10,736 | €13,849 | +€3,113 | +29.0% |
| Other amounts payable | 47/48 | €710 | €0 | -€710 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12 | €4,334 | +€4,322 | +36411.4% |
| Gross operating margin | 9900 | €45,895 | €60,430 | +€14,535 | +31.7% |
| Operating profit (loss) | 9901 | €45,883 | €56,096 | +€10,213 | +22.3% |
| Financial income | 75/76B | €2 | €124 | +€121 | +5365.0% |
| Recurring financial income | 75 | €2 | €124 | +€121 | +5365.0% |
| Financial charges | 65/66B | €19 | €343 | +€324 | +1686.2% |
| Recurring financial charges | 65 | €19 | €343 | +€324 | +1686.2% |
| Profit (loss) for the period before taxes | 9903 | €45,866 | €55,876 | +€10,010 | +21.8% |
| Income taxes | 67/77 | €9,397 | €12,372 | +€2,975 | +31.7% |
| Profit (loss) for the period | 9904 | €36,469 | €43,504 | +€7,036 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,469 | €43,504 | +€7,036 | +19.3% |
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 9 October 2026 via checked.be.