XAVIER LAMBOTTE: 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.
XAVIER LAMBOTTE
Largest movements
- Cash +€159,441
up €159,441 (+173%), from €92,010 to €251,451
mainly Current investments (+€150,000) and Net result for the year (+€37,558)
- Current investments -€150,000
down €150,000 (-100%), from €150,000 to €0
- Receivables within one year +€11,074
up €11,074 (+57.6%), from €19,236 to €30,309
of which Trade receivables: +€7,452
- Tangible fixed assets -€4,350
down €4,350 (-51.5%), from €8,440 to €4,090
of which Furniture and vehicles: -€3,883
- Reserves +€37,558
up €37,558 (+16.7%), from €224,242 to €261,800
- Tax, wage and social debts -€15,780
down €15,780 (-59.2%), from €26,672 to €10,892
- Other debts -€5,805
down €5,805 (-100%), from €5,805 to €0
- Gross operating margin -€11,001
down €11,001 (-15.9%), from €69,005 to €58,004
- Taxes -€3,859
down €3,859 (-17.3%), from €22,287 to €18,428
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 | €269,686 | €285,850 | +€16,165 | +6.0% |
| Fixed assets | 21/28 | €8,440 | €4,090 | -€4,350 | -51.5% |
| Tangible fixed assets | 22/27 | €8,440 | €4,090 | -€4,350 | -51.5% |
| Plant, machinery and equipment | 23 | €2,077 | €1,610 | -€467 | -22.5% |
| Furniture and vehicles | 24 | €6,362 | €2,480 | -€3,883 | -61.0% |
| Current assets | 29/58 | €261,246 | €281,760 | +€20,515 | +7.9% |
| Amounts receivable within one year | 40/41 | €19,236 | €30,309 | +€11,074 | +57.6% |
| Trade receivables | 40 | €10,366 | €17,818 | +€7,452 | +71.9% |
| Other amounts receivable | 41 | €8,870 | €12,491 | +€3,621 | +40.8% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €92,010 | €251,451 | +€159,441 | +173% |
| Total equity and liabilities | 10/49 | €269,686 | €285,850 | +€16,165 | +6.0% |
| Equity | 10/15 | €236,642 | €274,200 | +€37,558 | +15.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €224,242 | €261,800 | +€37,558 | +16.7% |
| Distributable reserves | 133 | €224,242 | €261,800 | +€37,558 | +16.7% |
| Amounts payable | 17/49 | €33,043 | €11,650 | -€21,393 | -64.7% |
| Amounts payable within one year | 42/48 | €33,043 | €11,650 | -€21,393 | -64.7% |
| Trade debts | 44 | €566 | €758 | +€192 | +34.0% |
| Suppliers | 440/4 | €566 | €758 | +€192 | +34.0% |
| Taxes, remuneration and social security | 45 | €26,672 | €10,892 | -€15,780 | -59.2% |
| Taxes | 450/3 | €26,672 | €10,892 | -€15,780 | -59.2% |
| Other amounts payable | 47/48 | €5,805 | €0 | -€5,805 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,458 | €4,350 | -€108 | -2.4% |
| Other operating charges | 640/8 | €608 | €693 | +€85 | +14.1% |
| Gross operating margin | 9900 | €69,005 | €58,004 | -€11,001 | -15.9% |
| Operating profit (loss) | 9901 | €63,939 | €52,961 | -€10,978 | -17.2% |
| Financial income | 75/76B | €3,655 | €3,195 | -€460 | -12.6% |
| Recurring financial income | 75 | €3,655 | €3,195 | -€460 | -12.6% |
| Financial charges | 65/66B | €140 | €170 | +€30 | +21.3% |
| Recurring financial charges | 65 | €140 | €170 | +€30 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €67,454 | €55,986 | -€11,468 | -17.0% |
| Income taxes | 67/77 | €22,287 | €18,428 | -€3,859 | -17.3% |
| Profit (loss) for the period | 9904 | €45,167 | €37,558 | -€7,609 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,167 | €37,558 | -€7,609 | -16.8% |
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 30 October 2026 via checked.be.