Michelle Lambert Architect: 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.
Michelle Lambert Architect
Largest movements
- Receivables within one year +€18,132
up €18,132 (+70.4%), from €25,752 to €43,884
of which Other amounts receivable: +€10,938
- Cash -€9,861
down €9,861 (-20.4%), from €48,335 to €38,474
mainly Receivables within one year (-€18,132) and Tax, wage and social debts (-€7,641)
- Tangible fixed assets +€937
new in 2025: €937
- Reserves +€16,624
up €16,624 (+31.0%), from €53,600 to €70,224
- Tax, wage and social debts -€7,641
down €7,641 (-43.2%), from €17,707 to €10,066
of which Taxes: -€9,329
- Gross operating margin -€47,669
down €47,669 (-66.2%), from €72,025 to €24,356
- Taxes -€6,509
down €6,509 (-43.7%), from €14,887 to €8,378
- Depreciation -€2,384
down €2,384 (-90.5%), from €2,635 to €251
- Financial income +€2,133
up €2,133 (+2,132,590%), from €0 to €2,133
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 | €74,729 | €83,869 | +€9,140 | +12.2% |
| Formation expenses | 20 | €141 | €0 | -€141 | -100% |
| Fixed assets | 21/28 | - | €937 | +€937 | |
| Tangible fixed assets | 22/27 | - | €937 | +€937 | |
| Furniture and vehicles | 24 | - | €937 | +€937 | |
| Current assets | 29/58 | €74,588 | €82,932 | +€8,344 | +11.2% |
| Amounts receivable within one year | 40/41 | €25,752 | €43,884 | +€18,132 | +70.4% |
| Trade receivables | 40 | - | €7,194 | +€7,194 | |
| Other amounts receivable | 41 | €25,752 | €36,690 | +€10,938 | +42.5% |
| Cash at bank and in hand | 54/58 | €48,335 | €38,474 | -€9,861 | -20.4% |
| Deferred charges and accrued income | 490/1 | €501 | €574 | +€73 | +14.7% |
| Total equity and liabilities | 10/49 | €74,729 | €83,869 | +€9,140 | +12.2% |
| Equity | 10/15 | €56,679 | €73,224 | +€16,545 | +29.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €53,600 | €70,224 | +€16,624 | +31.0% |
| Distributable reserves | 133 | €53,600 | €70,224 | +€16,624 | +31.0% |
| Profit (loss) carried forward | 14 | €79 | €0 | -€79 | -100% |
| Amounts payable | 17/49 | €18,050 | €10,645 | -€7,405 | -41.0% |
| Amounts payable within one year | 42/48 | €18,050 | €10,645 | -€7,405 | -41.0% |
| Trade debts | 44 | €343 | €580 | +€237 | +69.0% |
| Suppliers | 440/4 | €343 | €580 | +€237 | +69.0% |
| Taxes, remuneration and social security | 45 | €17,707 | €10,066 | -€7,641 | -43.2% |
| Taxes | 450/3 | €17,707 | €8,378 | -€9,329 | -52.7% |
| Remuneration and social security | 454/9 | - | €1,688 | +€1,688 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,635 | €251 | -€2,384 | -90.5% |
| Other operating charges | 640/8 | €758 | €902 | +€143 | +18.9% |
| Gross operating margin | 9900 | €72,025 | €24,356 | -€47,669 | -66.2% |
| Operating profit (loss) | 9901 | €68,632 | €23,203 | -€45,429 | -66.2% |
| Financial income | 75/76B | €0 | €2,133 | +€2,133 | +2,132,590% |
| Recurring financial income | 75 | €0 | €2,133 | +€2,133 | +2,132,590% |
| Financial charges | 65/66B | €65 | €413 | +€348 | +531% |
| Recurring financial charges | 65 | €65 | €413 | +€348 | +531% |
| Profit (loss) for the period before taxes | 9903 | €68,566 | €24,923 | -€43,644 | -63.7% |
| Income taxes | 67/77 | €14,887 | €8,378 | -€6,509 | -43.7% |
| Profit (loss) for the period | 9904 | €53,679 | €16,545 | -€37,135 | -69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €53,679 | €16,545 | -€37,135 | -69.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.