Mieke Lammens @ Work: 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.
Mieke Lammens @ Work
Largest movements
- Receivables within one year -€11,419
down €11,419 (-51.0%), from €22,406 to €10,987
of which Trade receivables: -€10,538
- Cash -€3,240
down €3,240 (-10.0%), from €32,421 to €29,182
mainly Contributions, distributions and other (-€62,605) and Investment in fixed assets (net) (-€1,883)
- Reserves -€61,508
down €61,508 (-41.7%), from €147,445 to €85,938
- Other debts +€50,272
up €50,272, from €0 to €50,272
- Trade debts -€1,790
down €1,790 (-46.1%), from €3,884 to €2,095
- Gross operating margin -€9,117
down €9,117 (-57.2%), from €15,927 to €6,809
- Taxes -€2,344
down €2,344 (-51.3%), from €4,567 to €2,223
- Financial charges -€477
down €477 (-17.9%), from €2,665 to €2,187
- Other operating charges -€409
down €409 (-42.9%), from €953 to €544
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 | €159,811 | €146,278 | -€13,533 | -8.5% |
| Fixed assets | 21/28 | €104,983 | €106,110 | +€1,126 | +1.1% |
| Tangible fixed assets | 22/27 | €983 | €2,110 | +€1,126 | +115% |
| Plant, machinery and equipment | 23 | €983 | €288 | -€695 | -70.7% |
| Furniture and vehicles | 24 | - | €1,822 | +€1,822 | |
| Financial fixed assets | 28 | €104,000 | €104,000 | = | 0.0% |
| Current assets | 29/58 | €54,828 | €40,169 | -€14,659 | -26.7% |
| Amounts receivable within one year | 40/41 | €22,406 | €10,987 | -€11,419 | -51.0% |
| Trade receivables | 40 | €20,248 | €9,710 | -€10,538 | -52.0% |
| Other amounts receivable | 41 | €2,158 | €1,277 | -€881 | -40.8% |
| Cash at bank and in hand | 54/58 | €32,421 | €29,182 | -€3,240 | -10.0% |
| Total equity and liabilities | 10/49 | €159,811 | €146,278 | -€13,533 | -8.5% |
| Equity | 10/15 | €147,545 | €86,038 | -€61,508 | -41.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €147,445 | €85,938 | -€61,508 | -41.7% |
| Distributable reserves | 133 | €147,445 | €85,938 | -€61,508 | -41.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,266 | €60,241 | +€47,975 | +391% |
| Amounts payable within one year | 42/48 | €12,266 | €60,241 | +€47,975 | +391% |
| Current portion of amounts payable after more than one year | 42 | - | €1,167 | +€1,167 | |
| Financial debts | 43 | €1,167 | - | -€1,167 | |
| Credit institutions | 430/8 | €1,167 | - | -€1,167 | |
| Trade debts | 44 | €3,884 | €2,095 | -€1,790 | -46.1% |
| Suppliers | 440/4 | €3,884 | €2,095 | -€1,790 | -46.1% |
| Taxes, remuneration and social security | 45 | €7,215 | €6,707 | -€508 | -7.0% |
| Taxes | 450/3 | €7,215 | €4,357 | -€2,858 | -39.6% |
| Remuneration and social security | 454/9 | €0 | €2,350 | +€2,350 | |
| Other amounts payable | 47/48 | €0 | €50,272 | +€50,272 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €831 | €757 | -€74 | -8.9% |
| Other operating charges | 640/8 | €953 | €544 | -€409 | -42.9% |
| Gross operating margin | 9900 | €15,927 | €6,809 | -€9,117 | -57.2% |
| Operating profit (loss) | 9901 | €14,143 | €5,508 | -€8,635 | -61.1% |
| Financial charges | 65/66B | €2,665 | €2,187 | -€477 | -17.9% |
| Recurring financial charges | 65 | €2,665 | €2,187 | -€477 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €11,478 | €3,321 | -€8,157 | -71.1% |
| Income taxes | 67/77 | €4,567 | €2,223 | -€2,344 | -51.3% |
| Profit (loss) for the period | 9904 | €6,911 | €1,098 | -€5,813 | -84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,911 | €1,098 | -€5,813 | -84.1% |
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 19 October 2026 via checked.be.