Mark Lombarts: 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.
Mark Lombarts
Largest movements
- Cash +€16,095
up €16,095 (+45,098%), from €36 to €16,131
mainly Other debts (+€30,006) and Net result for the year (+€17,591)
- Receivables within one year +€9,269
up €9,269 (+66.6%), from €13,919 to €23,188
of which Trade receivables: +€9,338
- Deferred charges and accrued income -€2,019
no longer reported in 2025 (was €2,019)
- Tangible fixed assets -€1,706
down €1,706 (-55.1%), from €3,094 to €1,388
of which Furniture and vehicles: -€976
- Other debts +€30,006
up €30,006 (+2,927%), from €1,025 to €31,031
- Profit (loss) carried forward -€6,785
no longer reported in 2025 (was €6,785)
- Tax, wage and social debts -€2,276
down €2,276 (-34.0%), from €6,685 to €4,409
of which Remuneration and social security: -€1,759
- Trade debts +€820
up €820 (+33.5%), from €2,447 to €3,268
- Gross operating margin +€12,786
up €12,786 (+82.0%), from €15,603 to €28,389
- Taxes +€2,188
up €2,188 (+58.5%), from €3,739 to €5,927
- Financial charges -€588
down €588 (-18.6%), from €3,167 to €2,578
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 | €19,068 | €40,708 | +€21,640 | +113% |
| Fixed assets | 21/28 | €3,094 | €1,388 | -€1,706 | -55.1% |
| Tangible fixed assets | 22/27 | €3,094 | €1,388 | -€1,706 | -55.1% |
| Plant, machinery and equipment | 23 | €1,467 | €738 | -€730 | -49.7% |
| Furniture and vehicles | 24 | €1,627 | €651 | -€976 | -60.0% |
| Current assets | 29/58 | €15,973 | €39,319 | +€23,346 | +146% |
| Amounts receivable within one year | 40/41 | €13,919 | €23,188 | +€9,269 | +66.6% |
| Trade receivables | 40 | €11,507 | €20,845 | +€9,338 | +81.2% |
| Other amounts receivable | 41 | €2,412 | €2,343 | -€69 | -2.9% |
| Cash at bank and in hand | 54/58 | €36 | €16,131 | +€16,095 | +45,098% |
| Deferred charges and accrued income | 490/1 | €2,019 | - | -€2,019 | |
| Total equity and liabilities | 10/49 | €19,068 | €40,708 | +€21,640 | +113% |
| Equity | 10/15 | €8,785 | €2,000 | -€6,785 | -77.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,785 | - | -€6,785 | |
| Amounts payable | 17/49 | €10,283 | €38,708 | +€28,424 | +276% |
| Amounts payable within one year | 42/48 | €10,157 | €38,708 | +€28,550 | +281% |
| Trade debts | 44 | €2,447 | €3,268 | +€820 | +33.5% |
| Suppliers | 440/4 | €2,447 | €3,268 | +€820 | +33.5% |
| Taxes, remuneration and social security | 45 | €6,685 | €4,409 | -€2,276 | -34.0% |
| Taxes | 450/3 | €4,926 | €4,409 | -€517 | -10.5% |
| Remuneration and social security | 454/9 | €1,759 | - | -€1,759 | |
| Other amounts payable | 47/48 | €1,025 | €31,031 | +€30,006 | +2,927% |
| Accrued charges and deferred income | 492/3 | €126 | - | -€126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,753 | €1,706 | -€47 | -2.7% |
| Other operating charges | 640/8 | €577 | €593 | +€16 | +2.8% |
| Gross operating margin | 9900 | €15,603 | €28,389 | +€12,786 | +82.0% |
| Operating profit (loss) | 9901 | €13,273 | €26,090 | +€12,817 | +96.6% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €3,167 | €2,578 | -€588 | -18.6% |
| Recurring financial charges | 65 | €3,167 | €2,578 | -€588 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €10,106 | €23,518 | +€13,412 | +133% |
| Income taxes | 67/77 | €3,739 | €5,927 | +€2,188 | +58.5% |
| Profit (loss) for the period | 9904 | €6,367 | €17,591 | +€11,224 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €6,367 | €17,591 | +€11,224 | +176% |
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 28 October 2026 via checked.be.