Lakeside: 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.
Lakeside
Largest movements
- Cash +€262,359
up €262,359 (+131%), from €200,927 to €463,286
mainly Net result for the year (+€316,586) and Other debts (+€248,184)
- Tangible fixed assets -€24,965
down €24,965 (-3.9%), from €644,224 to €619,258
of which Furniture and vehicles: -€24,965
- Current investments +€24,114
up €24,114 (+2.4%), from €1.0m to €1.0m
- Reserves +€316,586
up €316,586 (+19.4%), from €1.6m to €1.9m
- Profit (loss) carried forward -€288,607
down €288,607 (-100%), from €288,607 to €0
- Other debts +€248,184
up €248,184 (+33,501%), from €741 to €248,925
- Tax, wage and social debts -€26,887
down €26,887 (-31.1%), from €86,399 to €59,512
- Financial income -€83,475
down €83,475 (-16.4%), from €507,892 to €424,418
- Depreciation +€41,149
up €41,149 (+72.2%), from €57,013 to €98,162
- Gross operating margin -€24,101
down €24,101 (-35.9%), from €67,152 to €43,052
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 | €2,029,594 | €2,274,455 | +€244,861 | +12.1% |
| Fixed assets | 21/28 | €794,224 | €769,258 | -€24,965 | -3.1% |
| Tangible fixed assets | 22/27 | €644,224 | €619,258 | -€24,965 | -3.9% |
| Land and buildings | 22 | €529,200 | €529,200 | = | 0.0% |
| Furniture and vehicles | 24 | €115,024 | €90,058 | -€24,965 | -21.7% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €1,235,370 | €1,505,196 | +€269,826 | +21.8% |
| Amounts receivable within one year | 40/41 | €20,027 | €10,929 | -€9,097 | -45.4% |
| Trade receivables | 40 | €15,521 | €8,118 | -€7,403 | -47.7% |
| Other amounts receivable | 41 | €4,506 | €2,811 | -€1,695 | -37.6% |
| Current investments | 50/53 | €1,000,000 | €1,024,114 | +€24,114 | +2.4% |
| Cash at bank and in hand | 54/58 | €200,927 | €463,286 | +€262,359 | +131% |
| Deferred charges and accrued income | 490/1 | €14,416 | €6,867 | -€7,549 | -52.4% |
| Total equity and liabilities | 10/49 | €2,029,594 | €2,274,455 | +€244,861 | +12.1% |
| Equity | 10/15 | €1,936,446 | €1,964,426 | +€27,979 | +1.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,627,840 | €1,944,426 | +€316,586 | +19.4% |
| Distributable reserves | 133 | €1,627,840 | €1,944,426 | +€316,586 | +19.4% |
| Profit (loss) carried forward | 14 | €288,607 | €0 | -€288,607 | -100% |
| Amounts payable | 17/49 | €93,147 | €310,029 | +€216,882 | +233% |
| Amounts payable within one year | 42/48 | €93,147 | €310,004 | +€216,857 | +233% |
| Trade debts | 44 | €6,008 | €1,567 | -€4,440 | -73.9% |
| Suppliers | 440/4 | €6,008 | €1,567 | -€4,440 | -73.9% |
| Taxes, remuneration and social security | 45 | €86,399 | €59,512 | -€26,887 | -31.1% |
| Taxes | 450/3 | €86,399 | €59,512 | -€26,887 | -31.1% |
| Other amounts payable | 47/48 | €741 | €248,925 | +€248,184 | +33,501% |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Non-recurring operating income | 76A | €7,842 | €0 | -€7,842 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,013 | €98,162 | +€41,149 | +72.2% |
| Other operating charges | 640/8 | €1,973 | €1,795 | -€178 | -9.0% |
| Gross operating margin | 9900 | €67,152 | €43,052 | -€24,101 | -35.9% |
| Operating profit (loss) | 9901 | €8,167 | -€56,906 | -€65,072 | |
| Financial income | 75/76B | €507,892 | €424,418 | -€83,475 | -16.4% |
| Recurring financial income | 75 | €507,892 | €424,418 | -€83,475 | -16.4% |
| Financial charges | 65/66B | €158 | €53 | -€104 | -66.2% |
| Recurring financial charges | 65 | €158 | €53 | -€104 | -66.2% |
| Profit (loss) for the period before taxes | 9903 | €515,902 | €367,459 | -€148,443 | -28.8% |
| Income taxes | 67/77 | €51,061 | €50,873 | -€188 | -0.4% |
| Profit (loss) for the period | 9904 | €464,841 | €316,586 | -€148,255 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €464,841 | €316,586 | -€148,255 | -31.9% |
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 26 October 2026 via checked.be.