Stefan Lamberigts: 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.
Stefan Lamberigts
Largest movements
- Current investments -€40,000
down €40,000 (-100%), from €40,000 to €0
- Cash +€18,745
up €18,745 (+23.9%), from €78,345 to €97,090
mainly Current investments (+€40,000) and Investment in fixed assets (net) (+€7,558)
- Tangible fixed assets -€7,558
down €7,558 (-100%), from €7,558 to €0
- Tax, wage and social debts -€29,435
down €29,435 (-79.4%), from €37,091 to €7,656
- Gross operating margin -€9,808
down €9,808 (-18.0%), from €54,408 to €44,600
- Taxes -€9,671
down €9,671 (-85.2%), from €11,351 to €1,680
- Financial charges +€1,417
up €1,417 (+32.0%), from €4,433 to €5,851
- Depreciation -€1,112
down €1,112 (-100%), from €1,112 to €0
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 | €127,076 | €97,309 | -€29,767 | -23.4% |
| Fixed assets | 21/28 | €7,558 | €0 | -€7,558 | -100% |
| Tangible fixed assets | 22/27 | €7,558 | €0 | -€7,558 | -100% |
| Furniture and vehicles | 24 | €7,558 | €0 | -€7,558 | -100% |
| Current assets | 29/58 | €119,518 | €97,309 | -€22,209 | -18.6% |
| Amounts receivable within one year | 40/41 | €44 | €219 | +€174 | +393% |
| Trade receivables | 40 | €44 | €175 | +€131 | +294% |
| Other amounts receivable | 41 | - | €44 | +€44 | |
| Current investments | 50/53 | €40,000 | €0 | -€40,000 | -100% |
| Cash at bank and in hand | 54/58 | €78,345 | €97,090 | +€18,745 | +23.9% |
| Deferred charges and accrued income | 490/1 | €1,129 | €0 | -€1,129 | -100% |
| Total equity and liabilities | 10/49 | €127,076 | €97,309 | -€29,767 | -23.4% |
| Equity | 10/15 | €88,978 | €89,010 | +€31 | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €85,978 | €86,010 | +€31 | 0.0% |
| Distributable reserves | 133 | €85,978 | €86,010 | +€31 | 0.0% |
| Amounts payable | 17/49 | €38,098 | €8,299 | -€29,798 | -78.2% |
| Amounts payable within one year | 42/48 | €38,098 | €8,299 | -€29,798 | -78.2% |
| Trade debts | 44 | €681 | €644 | -€37 | -5.5% |
| Suppliers | 440/4 | €681 | €644 | -€37 | -5.5% |
| Taxes, remuneration and social security | 45 | €37,091 | €7,656 | -€29,435 | -79.4% |
| Taxes | 450/3 | €37,091 | €7,656 | -€29,435 | -79.4% |
| Other amounts payable | 47/48 | €325 | €0 | -€325 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,112 | €0 | -€1,112 | -100% |
| Other operating charges | 640/8 | €111 | €352 | +€241 | +217% |
| Non-recurring operating charges | 66A | - | €37,236 | +€37,236 | |
| Gross operating margin | 9900 | €54,408 | €44,600 | -€9,808 | -18.0% |
| Operating profit (loss) | 9901 | €53,185 | €7,012 | -€46,173 | -86.8% |
| Financial income | 75/76B | €731 | €551 | -€180 | -24.7% |
| Recurring financial income | 75 | €731 | €551 | -€180 | -24.7% |
| Financial charges | 65/66B | €4,433 | €5,851 | +€1,417 | +32.0% |
| Recurring financial charges | 65 | €4,433 | €5,851 | +€1,417 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €49,482 | €1,711 | -€47,771 | -96.5% |
| Income taxes | 67/77 | €11,351 | €1,680 | -€9,671 | -85.2% |
| Profit (loss) for the period | 9904 | €38,131 | €31 | -€38,100 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,131 | €31 | -€38,100 | -99.9% |
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 13 October 2026 via checked.be.