LAMBERECHTS EDWIG: 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.
LAMBERECHTS EDWIG
Largest movements
- Current investments +€203,439
up €203,439 (+85.2%), from €238,889 to €442,329
- Cash +€64,471
up €64,471 (+15.6%), from €412,862 to €477,333
mainly Net result for the year (+€217,585) and Depreciation (+€56,497)
- Tangible fixed assets -€26,145
down €26,145 (-14.2%), from €184,025 to €157,880
- Reserves +€215,000
up €215,000 (+33.1%), from €649,070 to €864,070
of which Distributable reserves: +€215,000
- Tax, wage and social debts +€33,447
up €33,447 (+80.1%), from €41,738 to €75,185
of which Taxes: +€25,967
- Trade debts -€12,920
down €12,920 (-83.0%), from €15,569 to €2,649
- Staff costs +€37,909
up €37,909 (+50.7%), from €74,750 to €112,659
- Gross operating margin +€26,375
up €26,375 (+5.6%), from €471,811 to €498,187
- Taxes +€25,290
up €25,290 (+27.3%), from €92,707 to €117,997
- Depreciation +€7,385
up €7,385 (+15.0%), from €49,112 to €56,497
- Financial income +€6,933
up €6,933 (+85.0%), from €8,157 to €15,090
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 | €857,087 | €1,087,673 | +€230,586 | +26.9% |
| Fixed assets | 21/28 | €184,229 | €158,084 | -€26,145 | -14.2% |
| Tangible fixed assets | 22/27 | €184,025 | €157,880 | -€26,145 | -14.2% |
| Plant, machinery and equipment | 23 | €95,039 | €86,185 | -€8,854 | -9.3% |
| Furniture and vehicles | 24 | €23,174 | €14,058 | -€9,116 | -39.3% |
| Other tangible fixed assets | 26 | €65,812 | €57,638 | -€8,174 | -12.4% |
| Financial fixed assets | 28 | €204 | €204 | = | 0.0% |
| Current assets | 29/58 | €672,858 | €929,588 | +€256,730 | +38.2% |
| Stocks and contracts in progress | 3 | €3,875 | €4,230 | +€355 | +9.2% |
| Stocks | 30/36 | €3,875 | €4,230 | +€355 | +9.2% |
| Amounts receivable within one year | 40/41 | €1,690 | - | -€1,690 | |
| Trade receivables | 40 | €73 | - | -€73 | |
| Other amounts receivable | 41 | €1,617 | - | -€1,617 | |
| Current investments | 50/53 | €238,889 | €442,329 | +€203,439 | +85.2% |
| Cash at bank and in hand | 54/58 | €412,862 | €477,333 | +€64,471 | +15.6% |
| Deferred charges and accrued income | 490/1 | €15,542 | €5,696 | -€9,845 | -63.3% |
| Total equity and liabilities | 10/49 | €857,087 | €1,087,673 | +€230,586 | +26.9% |
| Equity | 10/15 | €786,433 | €1,004,018 | +€217,585 | +27.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €649,070 | €864,070 | +€215,000 | +33.1% |
| Tax-exempt reserves | 132 | €716 | €716 | = | 0.0% |
| Distributable reserves | 133 | €648,353 | €863,353 | +€215,000 | +33.2% |
| Profit (loss) carried forward | 14 | €37,363 | €39,948 | +€2,585 | +6.9% |
| Amounts payable | 17/49 | €70,654 | €83,655 | +€13,000 | +18.4% |
| Amounts payable within one year | 42/48 | €70,654 | €83,655 | +€13,000 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €6,855 | - | -€6,855 | |
| Trade debts | 44 | €15,569 | €2,649 | -€12,920 | -83.0% |
| Suppliers | 440/4 | €15,569 | €2,649 | -€12,920 | -83.0% |
| Advances received on contracts in progress | 46 | €260 | €100 | -€160 | -61.5% |
| Taxes, remuneration and social security | 45 | €41,738 | €75,185 | +€33,447 | +80.1% |
| Taxes | 450/3 | €28,767 | €54,734 | +€25,967 | +90.3% |
| Remuneration and social security | 454/9 | €12,972 | €20,451 | +€7,479 | +57.7% |
| Other amounts payable | 47/48 | €6,232 | €5,721 | -€512 | -8.2% |
| Remuneration, social security and pensions | 62 | €74,750 | €112,659 | +€37,909 | +50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,112 | €56,497 | +€7,385 | +15.0% |
| Other operating charges | 640/8 | €1,095 | €973 | -€123 | -11.2% |
| Non-recurring operating charges | 66A | €372 | €3,806 | +€3,434 | +923% |
| Gross operating margin | 9900 | €471,811 | €498,187 | +€26,375 | +5.6% |
| Operating profit (loss) | 9901 | €346,483 | €324,253 | -€22,230 | -6.4% |
| Financial income | 75/76B | €8,157 | €15,090 | +€6,933 | +85.0% |
| Recurring financial income | 75 | €8,157 | €15,090 | +€6,933 | +85.0% |
| Financial charges | 65/66B | €1,587 | €3,760 | +€2,173 | +137% |
| Recurring financial charges | 65 | €1,587 | €3,760 | +€2,173 | +137% |
| Profit (loss) for the period before taxes | 9903 | €353,052 | €335,582 | -€17,470 | -4.9% |
| Income taxes | 67/77 | €92,707 | €117,997 | +€25,290 | +27.3% |
| Profit (loss) for the period | 9904 | €260,345 | €217,585 | -€42,760 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €260,345 | €217,585 | -€42,760 | -16.4% |
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 16 October 2026 via checked.be.