LAMBEFRAN: 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.
LAMBEFRAN
Largest movements
- Cash +€68,664
up €68,664 (+125%), from €55,082 to €123,746
mainly Net result for the year (+€176,456) and Depreciation (+€20,034)
- Current investments +€52,195
up €52,195 (+7.3%), from €717,319 to €769,515
- Reserves +€176,456
up €176,456 (+23.5%), from €750,678 to €927,134
- Other debts -€63,690
down €63,690 (-8.4%), from €755,013 to €691,323
- Gross operating margin -€54,371
down €54,371 (-17.8%), from €305,992 to €251,621
- Taxes -€12,881
down €12,881 (-13.3%), from €96,889 to €84,008
- Financial income +€11,141
up €11,141 (+38.6%), from €28,854 to €39,995
- Depreciation +€5,498
up €5,498 (+37.8%), from €14,536 to €20,034
- Financial charges +€3,143
up €3,143 (+662%), from €475 to €3,619
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 | €1,546,771 | €1,653,688 | +€106,916 | +6.9% |
| Fixed assets | 21/28 | €218,824 | €216,103 | -€2,721 | -1.2% |
| Tangible fixed assets | 22/27 | €218,824 | €216,103 | -€2,721 | -1.2% |
| Land and buildings | 22 | €119,127 | €109,947 | -€9,180 | -7.7% |
| Furniture and vehicles | 24 | €1,910 | €1,502 | -€408 | -21.4% |
| Other tangible fixed assets | 26 | €97,786 | €104,653 | +€6,867 | +7.0% |
| Current assets | 29/58 | €1,327,947 | €1,437,585 | +€109,637 | +8.3% |
| Amounts receivable after more than one year | 29 | €500,000 | €500,000 | = | 0.0% |
| Other amounts receivable | 291 | €500,000 | €500,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,468 | €16,782 | -€11,685 | -41.0% |
| Trade receivables | 40 | €28,468 | €0 | -€28,468 | -100% |
| Other amounts receivable | 41 | €0 | €16,782 | +€16,782 | |
| Current investments | 50/53 | €717,319 | €769,515 | +€52,195 | +7.3% |
| Cash at bank and in hand | 54/58 | €55,082 | €123,746 | +€68,664 | +125% |
| Deferred charges and accrued income | 490/1 | €27,079 | €27,542 | +€464 | +1.7% |
| Total equity and liabilities | 10/49 | €1,546,771 | €1,653,688 | +€106,916 | +6.9% |
| Equity | 10/15 | €769,228 | €945,684 | +€176,456 | +22.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €750,678 | €927,134 | +€176,456 | +23.5% |
| Distributable reserves | 133 | €750,678 | €927,134 | +€176,456 | +23.5% |
| Amounts payable | 17/49 | €777,543 | €708,003 | -€69,540 | -8.9% |
| Amounts payable within one year | 42/48 | €777,543 | €708,003 | -€69,540 | -8.9% |
| Trade debts | 44 | €268 | €3,507 | +€3,239 | +1,211% |
| Suppliers | 440/4 | €268 | €3,507 | +€3,239 | +1,211% |
| Taxes, remuneration and social security | 45 | €22,262 | €13,173 | -€9,089 | -40.8% |
| Taxes | 450/3 | €22,262 | €13,173 | -€9,089 | -40.8% |
| Other amounts payable | 47/48 | €755,013 | €691,323 | -€63,690 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,536 | €20,034 | +€5,498 | +37.8% |
| Other operating charges | 640/8 | €6,769 | €7,499 | +€730 | +10.8% |
| Gross operating margin | 9900 | €305,992 | €251,621 | -€54,371 | -17.8% |
| Operating profit (loss) | 9901 | €284,687 | €224,087 | -€60,599 | -21.3% |
| Financial income | 75/76B | €28,854 | €39,995 | +€11,141 | +38.6% |
| Recurring financial income | 75 | €28,854 | €39,995 | +€11,141 | +38.6% |
| Financial charges | 65/66B | €475 | €3,619 | +€3,143 | +662% |
| Recurring financial charges | 65 | €475 | €3,619 | +€3,143 | +662% |
| Profit (loss) for the period before taxes | 9903 | €313,065 | €260,464 | -€52,601 | -16.8% |
| Income taxes | 67/77 | €96,889 | €84,008 | -€12,881 | -13.3% |
| Profit (loss) for the period | 9904 | €216,176 | €176,456 | -€39,720 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €216,176 | €176,456 | -€39,720 | -18.4% |
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 19 October 2026 via checked.be.