Mathieu Lombaert: 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 Lombaert
Largest movements
- Cash -€9,743
down €9,743 (-69.3%), from €14,060 to €4,317
mainly Other debts (-€20,866) and Net result for the year (-€734)
- Receivables within one year -€5,087
down €5,087 (-41.8%), from €12,163 to €7,076
- Tangible fixed assets -€1,892
down €1,892 (-30.8%), from €6,142 to €4,250
- Other debts -€20,866
down €20,866 (-78.3%), from €26,648 to €5,781
- Trade debts +€2,494
up €2,494 (+267.8%), from €931 to €3,426
- Tax, wage and social debts +€2,384
up €2,384 (+72.3%), from €3,297 to €5,681
of which Remuneration and social security: +€2,492
- Profit (loss) carried forward -€734
down €734, from €489 to -€245
- Gross operating margin -€1,203
down €1,203 (-38.7%), from €3,107 to €1,903
- Other operating charges -€826
down €826 (-77.6%), from €1,064 to €239
- Depreciation +€465
up €465 (+32.6%), from €1,427 to €1,892
- Taxes +€318
new in 2025: €318
- Financial charges +€62
up €62 (+49.4%), from €126 to €189
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 | €32,365 | €15,643 | -€16,722 | -51.7% |
| Fixed assets | 21/28 | €6,142 | €4,250 | -€1,892 | -30.8% |
| Tangible fixed assets | 22/27 | €6,142 | €4,250 | -€1,892 | -30.8% |
| Furniture and vehicles | 24 | €6,142 | €4,250 | -€1,892 | -30.8% |
| Current assets | 29/58 | €26,223 | €11,393 | -€14,830 | -56.6% |
| Amounts receivable within one year | 40/41 | €12,163 | €7,076 | -€5,087 | -41.8% |
| Trade receivables | 40 | €12,163 | €7,076 | -€5,087 | -41.8% |
| Cash at bank and in hand | 54/58 | €14,060 | €4,317 | -€9,743 | -69.3% |
| Total equity and liabilities | 10/49 | €32,365 | €15,643 | -€16,722 | -51.7% |
| Equity | 10/15 | €1,489 | €755 | -€734 | -49.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €489 | -€245 | -€734 | |
| Amounts payable | 17/49 | €30,876 | €14,888 | -€15,988 | -51.8% |
| Amounts payable within one year | 42/48 | €30,876 | €14,888 | -€15,988 | -51.8% |
| Trade debts | 44 | €931 | €3,426 | +€2,494 | +267.8% |
| Suppliers | 440/4 | €931 | €3,426 | +€2,494 | +267.8% |
| Taxes, remuneration and social security | 45 | €3,297 | €5,681 | +€2,384 | +72.3% |
| Taxes | 450/3 | €3,297 | €3,189 | -€108 | -3.3% |
| Remuneration and social security | 454/9 | - | €2,492 | +€2,492 | |
| Other amounts payable | 47/48 | €26,648 | €5,781 | -€20,866 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,427 | €1,892 | +€465 | +32.6% |
| Other operating charges | 640/8 | €1,064 | €239 | -€826 | -77.6% |
| Gross operating margin | 9900 | €3,107 | €1,903 | -€1,203 | -38.7% |
| Operating profit (loss) | 9901 | €616 | -€228 | -€843 | |
| Financial charges | 65/66B | €126 | €189 | +€62 | +49.4% |
| Recurring financial charges | 65 | €126 | €189 | +€62 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €489 | -€416 | -€906 | |
| Income taxes | 67/77 | - | €318 | +€318 | |
| Profit (loss) for the period | 9904 | €489 | -€734 | -€1,224 | |
| Profit (loss) for the period to be appropriated | 9905 | €489 | -€734 | -€1,224 |
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 8 October 2026 via checked.be.