Simon Lambert: 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.
Simon Lambert
Largest movements
- Cash +€35,134
up €35,134 (+106.7%), from €32,942 to €68,076
mainly Net result for the year (+€23,676) and Receivables within one year (+€15,118)
- Receivables within one year -€15,118
down €15,118 (-64.7%), from €23,379 to €8,261
of which Trade receivables: -€15,742
- Tangible fixed assets -€1,419
down €1,419 (-9.5%), from €14,934 to €13,515
of which Furniture and vehicles: -€1,684
- Reserves +€23,676
up €23,676 (+46.2%), from €51,279 to €74,955
- Other debts -€10,099
no longer reported in 2025 (was €10,099)
- Tax, wage and social debts +€5,117
up €5,117 (+67.7%), from €7,552 to €12,669
- Trade debts +€1,119
up €1,119 (+1029.4%), from €109 to €1,228
- Taxes -€14,698
down €14,698 (-73.6%), from €19,967 to €5,269
- Depreciation +€1,801
up €1,801 (+42.0%), from €4,292 to €6,093
- Gross operating margin -€1,458
down €1,458 (-3.9%), from €37,526 to €36,067
- Financial charges -€524
down €524 (-84.9%), from €617 to €93
- Other operating charges +€416
up €416 (+80.0%), from €520 to €936
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 | €71,256 | €89,852 | +€18,596 | +26.1% |
| Fixed assets | 21/28 | €14,934 | €13,515 | -€1,419 | -9.5% |
| Tangible fixed assets | 22/27 | €14,934 | €13,515 | -€1,419 | -9.5% |
| Plant, machinery and equipment | 23 | €1,705 | €1,970 | +€265 | +15.5% |
| Furniture and vehicles | 24 | €13,230 | €11,546 | -€1,684 | -12.7% |
| Current assets | 29/58 | €56,321 | €76,337 | +€20,015 | +35.5% |
| Amounts receivable within one year | 40/41 | €23,379 | €8,261 | -€15,118 | -64.7% |
| Trade receivables | 40 | €23,379 | €7,637 | -€15,742 | -67.3% |
| Other amounts receivable | 41 | - | €624 | +€624 | |
| Cash at bank and in hand | 54/58 | €32,942 | €68,076 | +€35,134 | +106.7% |
| Total equity and liabilities | 10/49 | €71,256 | €89,852 | +€18,596 | +26.1% |
| Equity | 10/15 | €52,279 | €75,955 | +€23,676 | +45.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €51,279 | €74,955 | +€23,676 | +46.2% |
| Distributable reserves | 133 | €51,279 | €74,955 | +€23,676 | +46.2% |
| Amounts payable | 17/49 | €18,976 | €13,897 | -€5,080 | -26.8% |
| Amounts payable within one year | 42/48 | €18,641 | €13,897 | -€4,745 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €882 | - | -€882 | |
| Trade debts | 44 | €109 | €1,228 | +€1,119 | +1029.4% |
| Suppliers | 440/4 | €109 | €1,228 | +€1,119 | +1029.4% |
| Taxes, remuneration and social security | 45 | €7,552 | €12,669 | +€5,117 | +67.7% |
| Taxes | 450/3 | €7,552 | €12,669 | +€5,117 | +67.7% |
| Other amounts payable | 47/48 | €10,099 | - | -€10,099 | |
| Accrued charges and deferred income | 492/3 | €335 | - | -€335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,292 | €6,093 | +€1,801 | +42.0% |
| Other operating charges | 640/8 | €520 | €936 | +€416 | +80.0% |
| Gross operating margin | 9900 | €37,526 | €36,067 | -€1,458 | -3.9% |
| Operating profit (loss) | 9901 | €32,714 | €29,038 | -€3,676 | -11.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €617 | €93 | -€524 | -84.9% |
| Recurring financial charges | 65 | €617 | €93 | -€524 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | €32,096 | €28,945 | -€3,152 | -9.8% |
| Income taxes | 67/77 | €19,967 | €5,269 | -€14,698 | -73.6% |
| Profit (loss) for the period | 9904 | €12,130 | €23,676 | +€11,546 | +95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,130 | €23,676 | +€11,546 | +95.2% |
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 9 October 2026 via checked.be.