BORGERHOFF & LAMBERIGTS: what changed
What changed
BORGERHOFF & LAMBERIGTS
NACE 58.190, Other publishing activities, excluding software publishing
filed annual accounts (NBB)
Net result for the year
€25,123
2024 · -€6,545+€31,667
Equity
€506,254
2024 · €481,131+€25,123
Cash
€401,579
2024 · €598,732-€197,153
Balance sheet total
€8.4m
2024 · €8.5m-€72,388
Largest movements
Assets
- Receivables within one year +€309,264
up €309,264 (+9.9%), from €3.1m to €3.4m
of which Other amounts receivable: +€613,774
- Cash -€197,153
down €197,153 (-32.9%), from €598,732 to €401,579
mainly Trade debts (-€343,291) and Receivables within one year (-€309,264)
- Intangible fixed assets -€195,259
down €195,259 (-11.3%), from €1.7m to €1.5m
Equity and liabilities
- Trade debts -€343,291
down €343,291 (-8.9%), from €3.8m to €3.5m
- Other debts +€207,380
up €207,380 (+9.7%), from €2.1m to €2.4m
- Tax, wage and social debts +€173,932
up €173,932 (+83.7%), from €207,824 to €381,756
of which Taxes: +€116,197
- Debts after one year -€118,969
down €118,969 (-21.5%), from €552,086 to €433,116
of which Financial debts: -€118,969
Income statement
- Gross operating margin +€391,870
up €391,870 (+17.4%), from €2.2m to €2.6m
- Staff costs +€191,553
up €191,553 (+10.9%), from €1.8m to €1.9m
- Depreciation +€146,266
up €146,266 (+53.9%), from €271,479 to €417,745
- Financial charges +€54,669
up €54,669 (+33.1%), from €165,287 to €219,957
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€6,545
Gross operating margin
+€391,870
Staff costs
-€191,553
Depreciation
-€146,266
Other operating charges
-€3,517
Other operating items
+€37,000
Financial income
+€3,718
Financial charges
-€54,669
Taxes
-€4,914
Result 2025
€25,123
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€139,700
Investment
-€193,433
Financing
-€143,421
Cash 2024
€598,732
From operations (derived)
+€139,700
Net result for the year
+€25,123
Depreciation
+€417,745
Stocks and contracts
-€76,755
Receivables within one year
-€309,264
Deferred charges and accrued income
+€36,942
Trade debts
-€343,291
Tax, wage and social debts
+€173,932
Other debts
+€207,380
Accrued charges and deferred income
+€7,889
Investment (derived)
-€193,433
Investment in fixed assets (net)
-€193,433
Financing
-€143,421
Debts after one year
-€118,969
Current portion of long-term debt
+€3,038
Short-term financial debts
-€27,490
Cash 2025
€401,579
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,489,450 | €8,417,062 | -€72,388 | -0.9% |
| Fixed assets | 21/28 | €2,161,702 | €1,937,389 | -€224,312 | -10.4% |
| Intangible fixed assets | 21 | €1,725,314 | €1,530,055 | -€195,259 | -11.3% |
| Tangible fixed assets | 22/27 | €395,293 | €366,240 | -€29,053 | -7.3% |
| Land and buildings | 22 | €290,435 | €270,580 | -€19,855 | -6.8% |
| Plant, machinery and equipment | 23 | €51,277 | €54,204 | +€2,927 | +5.7% |
| Furniture and vehicles | 24 | €52,050 | €41,428 | -€10,622 | -20.4% |
| Other tangible fixed assets | 26 | €1,531 | €27 | -€1,504 | -98.2% |
| Financial fixed assets | 28 | €41,095 | €41,095 | = | 0.0% |
| Current assets | 29/58 | €6,327,749 | €6,479,673 | +€151,924 | +2.4% |
| Stocks and contracts in progress | 3 | €2,398,104 | €2,474,859 | +€76,755 | +3.2% |
| Stocks | 30/36 | €2,398,104 | €2,474,859 | +€76,755 | +3.2% |
| Amounts receivable within one year | 40/41 | €3,125,470 | €3,434,734 | +€309,264 | +9.9% |
| Trade receivables | 40 | €2,663,407 | €2,358,897 | -€304,510 | -11.4% |
| Other amounts receivable | 41 | €462,063 | €1,075,837 | +€613,774 | +133% |
| Cash at bank and in hand | 54/58 | €598,732 | €401,579 | -€197,153 | -32.9% |
| Deferred charges and accrued income | 490/1 | €205,443 | €168,501 | -€36,942 | -18.0% |
| Total equity and liabilities | 10/49 | €8,489,450 | €8,417,062 | -€72,388 | -0.9% |
| Equity | 10/15 | €481,131 | €506,254 | +€25,123 | +5.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €121,638 | €121,638 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €115,438 | €115,438 | = | 0.0% |
| Profit (loss) carried forward | 14 | €297,494 | €322,616 | +€25,123 | +8.4% |
| Amounts payable | 17/49 | €8,008,319 | €7,910,808 | -€97,511 | -1.2% |
| Amounts payable after more than one year | 17 | €552,086 | €433,116 | -€118,969 | -21.5% |
| Financial debts | 170/4 | €302,086 | €183,116 | -€118,969 | -39.4% |
| Other amounts payable | 178/9 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,447,091 | €7,460,661 | +€13,570 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €121,977 | €125,015 | +€3,038 | +2.5% |
| Financial debts | 43 | €1,136,131 | €1,108,642 | -€27,490 | -2.4% |
| Credit institutions | 430/8 | €1,136,131 | €1,108,642 | -€27,490 | -2.4% |
| Trade debts | 44 | €3,838,035 | €3,494,744 | -€343,291 | -8.9% |
| Suppliers | 440/4 | €3,838,035 | €3,494,744 | -€343,291 | -8.9% |
| Taxes, remuneration and social security | 45 | €207,824 | €381,756 | +€173,932 | +83.7% |
| Taxes | 450/3 | €5,831 | €122,029 | +€116,197 | +1,993% |
| Remuneration and social security | 454/9 | €201,992 | €259,727 | +€57,735 | +28.6% |
| Other amounts payable | 47/48 | €2,143,124 | €2,350,504 | +€207,380 | +9.7% |
| Accrued charges and deferred income | 492/3 | €9,142 | €17,031 | +€7,889 | +86.3% |
| Remuneration, social security and pensions | 62 | €1,757,778 | €1,949,331 | +€191,553 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €271,479 | €417,745 | +€146,266 | +53.9% |
| Other operating charges | 640/8 | €4,165 | €7,682 | +€3,517 | +84.4% |
| Non-recurring operating charges | 66A | €37,000 | - | -€37,000 | |
| Gross operating margin | 9900 | €2,246,597 | €2,638,467 | +€391,870 | +17.4% |
| Operating profit (loss) | 9901 | €176,176 | €263,709 | +€87,533 | +49.7% |
| Financial income | 75/76B | €9,299 | €13,016 | +€3,718 | +40.0% |
| Recurring financial income | 75 | €9,299 | €13,016 | +€3,718 | +40.0% |
| Financial charges | 65/66B | €165,287 | €219,957 | +€54,669 | +33.1% |
| Recurring financial charges | 65 | €165,287 | €219,957 | +€54,669 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | €20,187 | €56,769 | +€36,582 | +181% |
| Income taxes | 67/77 | €26,732 | €31,646 | +€4,914 | +18.4% |
| Profit (loss) for the period | 9904 | -€6,545 | €25,123 | +€31,667 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,545 | €25,123 | +€31,667 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.