LAMBERT: what changed
Two fiscal 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.
LAMBERT
Largest movements
- Receivables after one year -€150,000
down €150,000 (-46.9%), from €320,000 to €170,000
- Stocks and contracts +€48,875
up €48,875 (+33.4%), from €146,363 to €195,238
- Receivables within one year +€28,048
up €28,048 (+327.7%), from €8,558 to €36,606
of which Trade receivables: +€35,422
- Tangible fixed assets -€15,797
down €15,797 (-5.0%), from €318,094 to €302,297
of which Land and buildings: -€13,990
- Cash +€10,669
up €10,669 (+34.6%), from €30,841 to €41,510
mainly Receivables after one year (+€150,000) and Other debts (+€27,491)
- Short-term financial debts -€83,850
down €83,850 (-45.6%), from €183,850 to €100,000
- Debts after one year -€46,726
down €46,726 (-28.5%), from €163,779 to €117,053
- Other debts +€27,491
up €27,491 (+34.9%), from €78,712 to €106,203
- Tax, wage and social debts +€14,171
up €14,171 (+180.6%), from €7,848 to €22,020
of which Taxes: +€11,789
- Reserves +€8,838
up €8,838 (+4.0%), from €218,702 to €227,540
of which Distributable reserves: +€11,930
- Gross operating margin +€62,571
up €62,571, from -€1,945 to €60,627
- Staff costs -€9,299
down €9,299 (-36.4%), from €25,534 to €16,236
- Depreciation -€7,274
down €7,274 (-29.3%), from €24,848 to €17,574
- Taxes -€4,041
down €4,041 (-92.9%), from €4,349 to €308
- Financial income -€3,142
down €3,142 (-34.4%), from €9,120 to €5,978
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €825,997 | €748,577 | -€77,421 | -9.4% |
| Fixed assets | 21/28 | €318,094 | €302,297 | -€15,797 | -5.0% |
| Tangible fixed assets | 22/27 | €318,094 | €302,297 | -€15,797 | -5.0% |
| Land and buildings | 22 | €308,972 | €294,982 | -€13,990 | -4.5% |
| Plant, machinery and equipment | 23 | - | €1,471 | +€1,471 | |
| Furniture and vehicles | 24 | €9,121 | €5,844 | -€3,278 | -35.9% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €507,904 | €446,280 | -€61,624 | -12.1% |
| Amounts receivable after more than one year | 29 | €320,000 | €170,000 | -€150,000 | -46.9% |
| Other amounts receivable | 291 | €320,000 | €170,000 | -€150,000 | -46.9% |
| Stocks and contracts in progress | 3 | €146,363 | €195,238 | +€48,875 | +33.4% |
| Stocks | 30/36 | €146,363 | €195,238 | +€48,875 | +33.4% |
| Amounts receivable within one year | 40/41 | €8,558 | €36,606 | +€28,048 | +327.7% |
| Trade receivables | 40 | €1,184 | €36,606 | +€35,422 | +2991.0% |
| Other amounts receivable | 41 | €7,374 | €0 | -€7,374 | -100.0% |
| Cash at bank and in hand | 54/58 | €30,841 | €41,510 | +€10,669 | +34.6% |
| Deferred charges and accrued income | 490/1 | €2,141 | €2,925 | +€784 | +36.6% |
| Total equity and liabilities | 10/49 | €825,997 | €748,577 | -€77,421 | -9.4% |
| Equity | 10/15 | €224,977 | €233,815 | +€8,838 | +3.9% |
| Contributions | 10/11 | €6,275 | €6,275 | = | 0.0% |
| Reserves | 13 | €218,702 | €227,540 | +€8,838 | +4.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €74,834 | €71,742 | -€3,092 | -4.1% |
| Distributable reserves | 133 | €143,868 | €155,798 | +€11,930 | +8.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €21,065 | €20,034 | -€1,031 | -4.9% |
| Deferred taxes | 168 | €21,065 | €20,034 | -€1,031 | -4.9% |
| Amounts payable | 17/49 | €579,956 | €494,727 | -€85,228 | -14.7% |
| Amounts payable after more than one year | 17 | €163,779 | €117,053 | -€46,726 | -28.5% |
| Financial debts | 170/4 | €163,779 | €117,053 | -€46,726 | -28.5% |
| Amounts payable within one year | 42/48 | €415,769 | €373,742 | -€42,027 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €52,509 | €49,542 | -€2,967 | -5.7% |
| Financial debts | 43 | €183,850 | €100,000 | -€83,850 | -45.6% |
| Credit institutions | 430/8 | €183,850 | €100,000 | -€83,850 | -45.6% |
| Trade debts | 44 | €91,475 | €95,977 | +€4,503 | +4.9% |
| Suppliers | 440/4 | €91,475 | €95,977 | +€4,503 | +4.9% |
| Advances received on contracts in progress | 46 | €1,375 | €0 | -€1,375 | -100.0% |
| Taxes, remuneration and social security | 45 | €7,848 | €22,020 | +€14,171 | +180.6% |
| Taxes | 450/3 | €6,959 | €18,748 | +€11,789 | +169.4% |
| Remuneration and social security | 454/9 | €889 | €3,272 | +€2,383 | +267.9% |
| Other amounts payable | 47/48 | €78,712 | €106,203 | +€27,491 | +34.9% |
| Accrued charges and deferred income | 492/3 | €407 | €3,932 | +€3,524 | +865.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €25,534 | €16,236 | -€9,299 | -36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,848 | €17,574 | -€7,274 | -29.3% |
| Other operating charges | 640/8 | €5,262 | €4,073 | -€1,189 | -22.6% |
| Non-recurring operating charges | 66A | €10,704 | €1,716 | -€8,988 | -84.0% |
| Gross operating margin | 9900 | -€1,945 | €60,627 | +€62,571 | |
| Operating profit (loss) | 9901 | -€68,294 | €21,028 | +€89,322 | |
| Financial income | 75/76B | €9,120 | €5,978 | -€3,142 | -34.4% |
| Recurring financial income | 75 | €9,120 | €5,978 | -€3,142 | -34.4% |
| Financial charges | 65/66B | €15,988 | €18,891 | +€2,903 | +18.2% |
| Recurring financial charges | 65 | €15,988 | €18,891 | +€2,903 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | -€75,162 | €8,115 | +€83,277 | |
| Transfer from deferred taxes | 780 | €1,031 | €1,031 | = | 0.0% |
| Income taxes | 67/77 | €4,349 | €308 | -€4,041 | -92.9% |
| Profit (loss) for the period | 9904 | -€78,480 | €8,838 | +€87,318 | |
| Transfer from tax-exempt reserves | 789 | €3,092 | €3,092 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,388 | €11,930 | +€87,318 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.