PATRICK LAMBOTTE: 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.
PATRICK LAMBOTTE
Largest movements
- Cash +€10,617
up €10,617 (+17.1%), from €61,985 to €72,602
mainly Other debts (+€40,526) and Net result for the year (+€10,569)
- Receivables within one year +€1,911
up €1,911 (+17.9%), from €10,690 to €12,601
of which Trade receivables: +€2,050
- Other debts +€40,526
up €40,526 (+772.1%), from €5,249 to €45,775
- Profit (loss) carried forward -€29,431
down €29,431 (-44.9%), from €65,501 to €36,070
- Tax, wage and social debts +€1,637
up €1,637 (+43.3%), from €3,784 to €5,421
of which Taxes: +€2,804
- Gross operating margin -€25,572
down €25,572 (-60.4%), from €42,315 to €16,743
- Taxes -€7,145
down €7,145 (-68.9%), from €10,365 to €3,221
- Financial charges +€932
up €932 (+555.5%), from €168 to €1,100
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 | €77,609 | €90,689 | +€13,079 | +16.9% |
| Fixed assets | 21/28 | €4,008 | €4,611 | +€603 | +15.0% |
| Tangible fixed assets | 22/27 | €1,508 | €2,111 | +€603 | +40.0% |
| Furniture and vehicles | 24 | €137 | €1,103 | +€966 | +705.4% |
| Other tangible fixed assets | 26 | €1,371 | €1,008 | -€364 | -26.5% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €73,601 | €86,078 | +€12,477 | +17.0% |
| Amounts receivable within one year | 40/41 | €10,690 | €12,601 | +€1,911 | +17.9% |
| Trade receivables | 40 | €4,000 | €6,050 | +€2,050 | +51.3% |
| Other amounts receivable | 41 | €6,690 | €6,551 | -€139 | -2.1% |
| Cash at bank and in hand | 54/58 | €61,985 | €72,602 | +€10,617 | +17.1% |
| Deferred charges and accrued income | 490/1 | €926 | €874 | -€51 | -5.6% |
| Total equity and liabilities | 10/49 | €77,609 | €90,689 | +€13,079 | +16.9% |
| Equity | 10/15 | €67,501 | €38,070 | -€29,431 | -43.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,501 | €36,070 | -€29,431 | -44.9% |
| Amounts payable | 17/49 | €10,108 | €52,618 | +€42,510 | +420.5% |
| Amounts payable within one year | 42/48 | €10,108 | €52,618 | +€42,510 | +420.5% |
| Trade debts | 44 | €1,076 | €1,423 | +€347 | +32.3% |
| Suppliers | 440/4 | €1,076 | €1,423 | +€347 | +32.3% |
| Taxes, remuneration and social security | 45 | €3,784 | €5,421 | +€1,637 | +43.3% |
| Taxes | 450/3 | €2,617 | €5,421 | +€2,804 | +107.1% |
| Remuneration and social security | 454/9 | €1,167 | - | -€1,167 | |
| Other amounts payable | 47/48 | €5,249 | €45,775 | +€40,526 | +772.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €536 | €416 | -€120 | -22.3% |
| Other operating charges | 640/8 | €1,299 | €1,300 | +€1 | +0.1% |
| Non-recurring operating charges | 66A | - | €137 | +€137 | |
| Gross operating margin | 9900 | €42,315 | €16,743 | -€25,572 | -60.4% |
| Operating profit (loss) | 9901 | €40,480 | €14,890 | -€25,590 | -63.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €168 | €1,100 | +€932 | +555.5% |
| Recurring financial charges | 65 | €168 | €1,100 | +€932 | +555.5% |
| Profit (loss) for the period before taxes | 9903 | €40,312 | €13,790 | -€26,522 | -65.8% |
| Income taxes | 67/77 | €10,365 | €3,221 | -€7,145 | -68.9% |
| Profit (loss) for the period | 9904 | €29,947 | €10,569 | -€19,377 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,947 | €10,569 | -€19,377 | -64.7% |
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 1 October 2026 via checked.be.