One Lake: 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.
One Lake
Largest movements
- Cash +€46,114
up €46,114 (+118%), from €39,235 to €85,349
mainly Net result for the year (+€56,440) and Tax, wage and social debts (+€18,890)
- Receivables within one year +€22,053
up €22,053 (+75.4%), from €29,233 to €51,286
of which Other amounts receivable: +€14,182
- Tangible fixed assets -€8,078
down €8,078 (-17.2%), from €46,923 to €38,845
- Profit (loss) carried forward +€56,440
up €56,440 (+145%), from €39,045 to €95,485
- Tax, wage and social debts +€18,890
up €18,890 (+80.4%), from €23,502 to €42,392
of which Taxes: +€18,890
- Debts after one year -€13,874
down €13,874 (-51.0%), from €27,210 to €13,336
- Other debts -€4,340
down €4,340 (-72.5%), from €5,984 to €1,644
- Trade debts +€2,021
up €2,021 (+169%), from €1,194 to €3,215
- Gross operating margin +€22,049
up €22,049 (+33.1%), from €66,577 to €88,626
- Taxes +€5,144
up €5,144 (+47.3%), from €10,876 to €16,020
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 | €117,662 | €177,468 | +€59,806 | +50.8% |
| Fixed assets | 21/28 | €46,923 | €38,845 | -€8,078 | -17.2% |
| Tangible fixed assets | 22/27 | €46,923 | €38,845 | -€8,078 | -17.2% |
| Furniture and vehicles | 24 | €46,923 | €38,845 | -€8,078 | -17.2% |
| Current assets | 29/58 | €70,739 | €138,623 | +€67,884 | +96.0% |
| Amounts receivable within one year | 40/41 | €29,233 | €51,286 | +€22,053 | +75.4% |
| Trade receivables | 40 | €28,675 | €36,546 | +€7,871 | +27.5% |
| Other amounts receivable | 41 | €558 | €14,740 | +€14,182 | +2,540% |
| Cash at bank and in hand | 54/58 | €39,235 | €85,349 | +€46,114 | +118% |
| Deferred charges and accrued income | 490/1 | €2,272 | €1,988 | -€283 | -12.5% |
| Total equity and liabilities | 10/49 | €117,662 | €177,468 | +€59,806 | +50.8% |
| Equity | 10/15 | €45,045 | €101,485 | +€56,440 | +125% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,045 | €95,485 | +€56,440 | +145% |
| Amounts payable | 17/49 | €72,617 | €75,983 | +€3,366 | +4.6% |
| Amounts payable after more than one year | 17 | €27,210 | €13,336 | -€13,874 | -51.0% |
| Financial debts | 170/4 | €27,210 | €13,336 | -€13,874 | -51.0% |
| Amounts payable within one year | 42/48 | €43,884 | €61,124 | +€17,240 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | €13,204 | €13,874 | +€670 | +5.1% |
| Trade debts | 44 | €1,194 | €3,215 | +€2,021 | +169% |
| Suppliers | 440/4 | €1,194 | €3,215 | +€2,021 | +169% |
| Taxes, remuneration and social security | 45 | €23,502 | €42,392 | +€18,890 | +80.4% |
| Taxes | 450/3 | €21,950 | €40,840 | +€18,890 | +86.1% |
| Remuneration and social security | 454/9 | €1,552 | €1,552 | = | 0.0% |
| Other amounts payable | 47/48 | €5,984 | €1,644 | -€4,340 | -72.5% |
| Accrued charges and deferred income | 492/3 | €1,523 | €1,523 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,347 | €13,199 | +€852 | +6.9% |
| Other operating charges | 640/8 | €658 | €872 | +€214 | +32.6% |
| Gross operating margin | 9900 | €66,577 | €88,626 | +€22,049 | +33.1% |
| Operating profit (loss) | 9901 | €53,573 | €74,555 | +€20,982 | +39.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,448 | €2,095 | -€353 | -14.4% |
| Recurring financial charges | 65 | €2,448 | €2,095 | -€353 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €51,125 | €72,460 | +€21,335 | +41.7% |
| Income taxes | 67/77 | €10,876 | €16,020 | +€5,144 | +47.3% |
| Profit (loss) for the period | 9904 | €40,249 | €56,440 | +€16,191 | +40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,249 | €56,440 | +€16,191 | +40.2% |
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 25 October 2026 via checked.be.