LAMBEAU: 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.
LAMBEAU
Largest movements
- Cash -€23,993
down €23,993 (-26.5%), from €90,608 to €66,615
mainly Debts after one year (-€16,301) and Current portion of long-term debt (-€15,991)
- Receivables within one year -€16,840
down €16,840 (-44.1%), from €38,201 to €21,362
of which Trade receivables: -€8,630
- Tangible fixed assets -€8,544
down €8,544 (-38.1%), from €22,423 to €13,879
of which Furniture and vehicles: -€7,422
- Debts after one year -€16,301
no longer reported in 2025 (was €16,301)
- Current portion of long-term debt -€15,991
down €15,991 (-49.5%), from €32,292 to €16,301
- Tax, wage and social debts -€14,566
down €14,566 (-61.7%), from €23,616 to €9,050
of which Taxes: -€12,966
- Profit (loss) carried forward -€7,380
down €7,380 (-13.1%), from €56,461 to €49,081
- Trade debts +€4,223
up €4,223 (+43.5%), from €9,709 to €13,932
- Gross operating margin -€46,593
down €46,593 (-88.1%), from €52,914 to €6,321
- Financial income -€15,443
down €15,443 (-100.0%), from €15,444 to €0
- Taxes -€13,624
down €13,624 (-97.6%), from €13,954 to €330
- Depreciation -€9,051
down €9,051 (-46.0%), from €19,660 to €10,609
- Financial charges -€1,003
down €1,003 (-38.5%), from €2,604 to €1,601
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 | €280,121 | €232,196 | -€47,925 | -17.1% |
| Fixed assets | 21/28 | €149,503 | €140,959 | -€8,544 | -5.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €22,423 | €13,879 | -€8,544 | -38.1% |
| Plant, machinery and equipment | 23 | €1,023 | €898 | -€125 | -12.2% |
| Furniture and vehicles | 24 | €11,793 | €4,371 | -€7,422 | -62.9% |
| Other tangible fixed assets | 26 | €9,606 | €8,609 | -€997 | -10.4% |
| Financial fixed assets | 28 | €127,080 | €127,080 | = | 0.0% |
| Current assets | 29/58 | €130,618 | €91,237 | -€39,381 | -30.2% |
| Amounts receivable within one year | 40/41 | €38,201 | €21,362 | -€16,840 | -44.1% |
| Trade receivables | 40 | €22,492 | €13,862 | -€8,630 | -38.4% |
| Other amounts receivable | 41 | €15,709 | €7,500 | -€8,209 | -52.3% |
| Cash at bank and in hand | 54/58 | €90,608 | €66,615 | -€23,993 | -26.5% |
| Deferred charges and accrued income | 490/1 | €1,809 | €3,260 | +€1,451 | +80.2% |
| Total equity and liabilities | 10/49 | €280,121 | €232,196 | -€47,925 | -17.1% |
| Equity | 10/15 | €168,890 | €161,509 | -€7,380 | -4.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €91,969 | €91,969 | = | 0.0% |
| Distributable reserves | 133 | €91,969 | €91,969 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,461 | €49,081 | -€7,380 | -13.1% |
| Amounts payable | 17/49 | €111,231 | €70,686 | -€40,545 | -36.5% |
| Amounts payable after more than one year | 17 | €16,301 | - | -€16,301 | |
| Financial debts | 170/4 | €16,301 | - | -€16,301 | |
| Amounts payable within one year | 42/48 | €94,930 | €70,385 | -€24,545 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €32,292 | €16,301 | -€15,991 | -49.5% |
| Trade debts | 44 | €9,709 | €13,932 | +€4,223 | +43.5% |
| Suppliers | 440/4 | €9,709 | €13,932 | +€4,223 | +43.5% |
| Taxes, remuneration and social security | 45 | €23,616 | €9,050 | -€14,566 | -61.7% |
| Taxes | 450/3 | €22,016 | €9,050 | -€12,966 | -58.9% |
| Remuneration and social security | 454/9 | €1,600 | - | -€1,600 | |
| Other amounts payable | 47/48 | €29,313 | €31,103 | +€1,790 | +6.1% |
| Accrued charges and deferred income | 492/3 | - | €301 | +€301 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,660 | €10,609 | -€9,051 | -46.0% |
| Other operating charges | 640/8 | €383 | €1,161 | +€778 | +203.2% |
| Gross operating margin | 9900 | €52,914 | €6,321 | -€46,593 | -88.1% |
| Operating profit (loss) | 9901 | €32,871 | -€5,450 | -€38,320 | |
| Financial income | 75/76B | €15,444 | €0 | -€15,443 | -100.0% |
| Recurring financial income | 75 | €15,444 | €0 | -€15,443 | -100.0% |
| Financial charges | 65/66B | €2,604 | €1,601 | -€1,003 | -38.5% |
| Recurring financial charges | 65 | €2,604 | €1,601 | -€1,003 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €45,710 | -€7,050 | -€52,760 | |
| Income taxes | 67/77 | €13,954 | €330 | -€13,624 | -97.6% |
| Profit (loss) for the period | 9904 | €31,756 | -€7,380 | -€39,136 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,756 | -€7,380 | -€39,136 |
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 10 October 2026 via checked.be.