LYNN VERRELST: what changed
Two fiscal 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.
LYNN VERRELST
Largest movements
- Cash +€49,574
up €49,574 (+337.0%), from €14,711 to €64,284
mainly Net result for the year (+€54,053) and Depreciation (+€2,555)
- Deferred charges and accrued income +€3,788
up €3,788 (+141.2%), from €2,682 to €6,469
- Tangible fixed assets +€910
up €910 (+12.0%), from €7,563 to €8,473
- Profit (loss) carried forward +€54,053
new in 2025: €54,053
- Debts after one year -€1,574
down €1,574 (-70.0%), from €2,249 to €675
- Trade debts +€1,297
up €1,297 (+87.8%), from €1,477 to €2,774
- Gross operating margin +€52,423
up €52,423 (+218.6%), from €23,985 to €76,408
- Taxes +€11,544
up €11,544 (+286.2%), from €4,033 to €15,577
- Depreciation +€925
up €925 (+56.8%), from €1,630 to €2,555
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 | €31,422 | €85,689 | +€54,267 | +172.7% |
| Fixed assets | 21/28 | €7,563 | €8,473 | +€910 | +12.0% |
| Tangible fixed assets | 22/27 | €7,563 | €8,473 | +€910 | +12.0% |
| Furniture and vehicles | 24 | €7,563 | €8,473 | +€910 | +12.0% |
| Current assets | 29/58 | €23,859 | €77,216 | +€53,358 | +223.6% |
| Amounts receivable within one year | 40/41 | €6,467 | €6,463 | -€4 | -0.1% |
| Trade receivables | 40 | - | €720 | +€720 | |
| Other amounts receivable | 41 | €6,467 | €5,743 | -€724 | -11.2% |
| Cash at bank and in hand | 54/58 | €14,711 | €64,284 | +€49,574 | +337.0% |
| Deferred charges and accrued income | 490/1 | €2,682 | €6,469 | +€3,788 | +141.2% |
| Total equity and liabilities | 10/49 | €31,422 | €85,689 | +€54,267 | +172.7% |
| Equity | 10/15 | €20,096 | €74,148 | +€54,053 | +269.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,096 | €18,096 | = | 0.0% |
| Distributable reserves | 133 | €18,096 | €18,096 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €54,053 | +€54,053 | |
| Amounts payable | 17/49 | €11,326 | €11,541 | +€215 | +1.9% |
| Amounts payable after more than one year | 17 | €2,249 | €675 | -€1,574 | -70.0% |
| Financial debts | 170/4 | €2,249 | €675 | -€1,574 | -70.0% |
| Amounts payable within one year | 42/48 | €9,077 | €10,638 | +€1,561 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €1,510 | €1,574 | +€64 | +4.2% |
| Trade debts | 44 | €1,477 | €2,774 | +€1,297 | +87.8% |
| Suppliers | 440/4 | €1,477 | €2,774 | +€1,297 | +87.8% |
| Taxes, remuneration and social security | 45 | €3,000 | €3,000 | = | 0.0% |
| Taxes | 450/3 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €3,090 | €3,290 | +€201 | +6.5% |
| Accrued charges and deferred income | 492/3 | - | €227 | +€227 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,630 | €2,555 | +€925 | +56.8% |
| Other operating charges | 640/8 | €1,282 | €938 | -€344 | -26.8% |
| Gross operating margin | 9900 | €23,985 | €76,408 | +€52,423 | +218.6% |
| Operating profit (loss) | 9901 | €21,074 | €72,916 | +€51,843 | +246.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,566 | €3,286 | -€280 | -7.9% |
| Recurring financial charges | 65 | €3,566 | €3,286 | -€280 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €17,507 | €69,630 | +€52,123 | +297.7% |
| Income taxes | 67/77 | €4,033 | €15,577 | +€11,544 | +286.2% |
| Profit (loss) for the period | 9904 | €13,474 | €54,053 | +€40,579 | +301.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,474 | €54,053 | +€40,579 | +301.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.