Mathieu Lambert: 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.
Mathieu Lambert
Largest movements
- Cash +€41,809
up €41,809 (+26.5%), from €158,029 to €199,838
mainly Other debts (+€105,717) and Net result for the year (+€45,391)
- Other debts +€105,717
up €105,717 (+64016.7%), from €165 to €105,882
- Profit (loss) carried forward -€60,492
down €60,492 (-46.3%), from €130,615 to €70,123
- Tax, wage and social debts -€8,628
down €8,628 (-40.1%), from €21,538 to €12,910
- Trade debts +€2,854
up €2,854 (+43.7%), from €6,526 to €9,381
- Taxes +€1,963
up €1,963 (+15.4%), from €12,727 to €14,690
- Gross operating margin +€1,838
up €1,838 (+3.0%), from €61,387 to €63,225
- Financial income +€1,224
up €1,224 (+435.7%), from €281 to €1,505
- Depreciation +€801
up €801 (+62.2%), from €1,289 to €2,091
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 | €173,844 | €213,296 | +€39,451 | +22.7% |
| Fixed assets | 21/28 | €14,525 | €12,747 | -€1,778 | -12.2% |
| Tangible fixed assets | 22/27 | €14,525 | €12,747 | -€1,778 | -12.2% |
| Land and buildings | 22 | €9,234 | €7,971 | -€1,264 | -13.7% |
| Furniture and vehicles | 24 | €5,290 | €4,776 | -€514 | -9.7% |
| Current assets | 29/58 | €159,320 | €200,549 | +€41,229 | +25.9% |
| Amounts receivable within one year | 40/41 | - | €238 | +€238 | |
| Trade receivables | 40 | - | €238 | +€238 | |
| Cash at bank and in hand | 54/58 | €158,029 | €199,838 | +€41,809 | +26.5% |
| Deferred charges and accrued income | 490/1 | €1,291 | €473 | -€818 | -63.4% |
| Total equity and liabilities | 10/49 | €173,844 | €213,296 | +€39,451 | +22.7% |
| Equity | 10/15 | €145,615 | €85,123 | -€60,492 | -41.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,615 | €70,123 | -€60,492 | -46.3% |
| Amounts payable | 17/49 | €28,230 | €128,173 | +€99,943 | +354.0% |
| Amounts payable within one year | 42/48 | €28,230 | €128,173 | +€99,943 | +354.0% |
| Trade debts | 44 | €6,526 | €9,381 | +€2,854 | +43.7% |
| Suppliers | 440/4 | €6,526 | €9,381 | +€2,854 | +43.7% |
| Taxes, remuneration and social security | 45 | €21,538 | €12,910 | -€8,628 | -40.1% |
| Taxes | 450/3 | €21,538 | €12,910 | -€8,628 | -40.1% |
| Other amounts payable | 47/48 | €165 | €105,882 | +€105,717 | +64016.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,289 | €2,091 | +€801 | +62.2% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €61,387 | €63,225 | +€1,838 | +3.0% |
| Operating profit (loss) | 9901 | €60,098 | €60,747 | +€649 | +1.1% |
| Financial income | 75/76B | €281 | €1,505 | +€1,224 | +435.7% |
| Recurring financial income | 75 | €281 | €1,505 | +€1,224 | +435.7% |
| Financial charges | 65/66B | €1,968 | €2,171 | +€203 | +10.3% |
| Recurring financial charges | 65 | €1,968 | €2,171 | +€203 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €58,410 | €60,081 | +€1,670 | +2.9% |
| Income taxes | 67/77 | €12,727 | €14,690 | +€1,963 | +15.4% |
| Profit (loss) for the period | 9904 | €45,684 | €45,391 | -€293 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,684 | €45,391 | -€293 | -0.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.