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 within one year -€37,442
down €37,442 (-54.2%), from €69,135 to €31,693
of which Trade receivables: -€38,302
- Cash -€10,464
down €10,464 (-22.9%), from €45,666 to €35,203
mainly Net result for the year (-€42,757) and Tax, wage and social debts (-€10,291)
- Tangible fixed assets -€3,336
down €3,336 (-43.8%), from €7,611 to €4,275
of which Land and buildings: -€3,180
- Deferred charges and accrued income +€1,910
new in 2025: €1,910
- Profit (loss) carried forward -€42,757
down €42,757, from €3,318 to -€39,439
- Tax, wage and social debts -€10,291
down €10,291 (-79.1%), from €13,011 to €2,720
- Trade debts +€5,157
up €5,157 (+147.2%), from €3,503 to €8,660
- Advances received -€1,590
no longer reported in 2025 (was €1,590)
- Gross operating margin -€39,188
down €39,188, from €14,003 to -€25,185
- Other operating charges +€14,781
up €14,781 (+945.5%), from €1,563 to €16,344
- Taxes -€9,437
down €9,437, from €6,153 to -€3,284
- Financial charges +€758
up €758 (+39.0%), from €1,946 to €2,704
- Financial income -€427
down €427 (-43.6%), from €981 to €553
of which Financial income: -€737
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 | €122,412 | €73,081 | -€49,331 | -40.3% |
| Fixed assets | 21/28 | €7,611 | €4,275 | -€3,336 | -43.8% |
| Tangible fixed assets | 22/27 | €7,611 | €4,275 | -€3,336 | -43.8% |
| Land and buildings | 22 | €4,830 | €1,650 | -€3,180 | -65.8% |
| Plant, machinery and equipment | 23 | €2,742 | €2,625 | -€118 | -4.3% |
| Furniture and vehicles | 24 | €39 | - | -€39 | |
| Current assets | 29/58 | €114,801 | €68,806 | -€45,995 | -40.1% |
| Amounts receivable within one year | 40/41 | €69,135 | €31,693 | -€37,442 | -54.2% |
| Trade receivables | 40 | €43,906 | €5,604 | -€38,302 | -87.2% |
| Other amounts receivable | 41 | €25,229 | €26,090 | +€861 | +3.4% |
| Cash at bank and in hand | 54/58 | €45,666 | €35,203 | -€10,464 | -22.9% |
| Deferred charges and accrued income | 490/1 | - | €1,910 | +€1,910 | |
| Total equity and liabilities | 10/49 | €122,412 | €73,081 | -€49,331 | -40.3% |
| Equity | 10/15 | €103,728 | €60,971 | -€42,757 | -41.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €88,010 | €88,010 | = | 0.0% |
| Distributable reserves | 133 | €88,010 | €88,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,318 | -€39,439 | -€42,757 | |
| Amounts payable | 17/49 | €18,684 | €12,110 | -€6,575 | -35.2% |
| Amounts payable within one year | 42/48 | €18,105 | €11,380 | -€6,725 | -37.1% |
| Trade debts | 44 | €3,503 | €8,660 | +€5,157 | +147.2% |
| Suppliers | 440/4 | €3,503 | €8,660 | +€5,157 | +147.2% |
| Advances received on contracts in progress | 46 | €1,590 | - | -€1,590 | |
| Taxes, remuneration and social security | 45 | €13,011 | €2,720 | -€10,291 | -79.1% |
| Taxes | 450/3 | €13,011 | €2,720 | -€10,291 | -79.1% |
| Accrued charges and deferred income | 492/3 | €580 | €730 | +€150 | +25.9% |
| Non-recurring operating income | 76A | - | €9,530 | +€9,530 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,577 | €2,361 | -€216 | -8.4% |
| Other operating charges | 640/8 | €1,563 | €16,344 | +€14,781 | +945.5% |
| Gross operating margin | 9900 | €14,003 | -€25,185 | -€39,188 | |
| Operating profit (loss) | 9901 | €9,863 | -€43,890 | -€53,753 | |
| Financial income | 75/76B | €981 | €553 | -€427 | -43.6% |
| Recurring financial income | 75 | €981 | €243 | -€737 | -75.2% |
| Non-recurring financial income | 76B | - | €310 | +€310 | |
| Financial charges | 65/66B | €1,946 | €2,704 | +€758 | +39.0% |
| Recurring financial charges | 65 | €1,946 | €2,704 | +€758 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €8,898 | -€46,041 | -€54,938 | |
| Income taxes | 67/77 | €6,153 | -€3,284 | -€9,437 | |
| Profit (loss) for the period | 9904 | €2,745 | -€42,757 | -€45,501 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,745 | -€42,757 | -€45,501 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.