LAMBERT LAHAYE: 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.
LAMBERT LAHAYE
Largest movements
- Receivables within one year -€67,641
down €67,641 (-65.6%), from €103,049 to €35,408
of which Trade receivables: -€69,347
- Cash +€26,443
up €26,443 (+1,405%), from €1,883 to €28,325
mainly Receivables within one year (+€67,641) and Trade debts (+€7,090)
- Tangible fixed assets -€4,436
down €4,436 (-49.7%), from €8,927 to €4,491
of which Furniture and vehicles: -€4,666
- Profit (loss) carried forward -€23,282
down €23,282 (-86.8%), from €26,815 to €3,533
- Current portion of long-term debt -€15,573
no longer reported in 2025 (was €15,573)
- Debts after one year -€12,118
no longer reported in 2025 (was €12,118)
- Trade debts +€7,090
up €7,090 (+31.6%), from €22,402 to €29,492
- Tax, wage and social debts -€1,356
down €1,356 (-11.8%), from €11,495 to €10,139
of which Taxes: -€3,589
- Gross operating margin -€76,658
down €76,658 (-59.3%), from €129,268 to €52,611
- Staff costs +€5,016
up €5,016 (+8.0%), from €62,645 to €67,661
- Depreciation -€1,537
down €1,537 (-21.5%), from €7,149 to €5,612
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 | €121,456 | €76,218 | -€45,238 | -37.2% |
| Fixed assets | 21/28 | €9,278 | €4,842 | -€4,436 | -47.8% |
| Tangible fixed assets | 22/27 | €8,927 | €4,491 | -€4,436 | -49.7% |
| Plant, machinery and equipment | 23 | €2,959 | €3,189 | +€230 | +7.8% |
| Furniture and vehicles | 24 | €5,968 | €1,303 | -€4,666 | -78.2% |
| Financial fixed assets | 28 | €351 | €351 | = | 0.0% |
| Current assets | 29/58 | €112,178 | €71,376 | -€40,802 | -36.4% |
| Stocks and contracts in progress | 3 | €4,103 | €4,216 | +€112 | +2.7% |
| Stocks | 30/36 | €4,103 | €4,216 | +€112 | +2.7% |
| Amounts receivable within one year | 40/41 | €103,049 | €35,408 | -€67,641 | -65.6% |
| Trade receivables | 40 | €73,433 | €4,086 | -€69,347 | -94.4% |
| Other amounts receivable | 41 | €29,616 | €31,322 | +€1,706 | +5.8% |
| Cash at bank and in hand | 54/58 | €1,883 | €28,325 | +€26,443 | +1,405% |
| Deferred charges and accrued income | 490/1 | €3,143 | €3,426 | +€283 | +9.0% |
| Total equity and liabilities | 10/49 | €121,456 | €76,218 | -€45,238 | -37.2% |
| Equity | 10/15 | €59,869 | €36,587 | -€23,282 | -38.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,454 | €14,454 | = | 0.0% |
| Distributable reserves | 133 | €14,454 | €14,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,815 | €3,533 | -€23,282 | -86.8% |
| Amounts payable | 17/49 | €61,587 | €39,631 | -€21,956 | -35.7% |
| Amounts payable after more than one year | 17 | €12,118 | - | -€12,118 | |
| Financial debts | 170/4 | €12,118 | - | -€12,118 | |
| Amounts payable within one year | 42/48 | €49,469 | €39,631 | -€9,839 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €15,573 | - | -€15,573 | |
| Trade debts | 44 | €22,402 | €29,492 | +€7,090 | +31.6% |
| Suppliers | 440/4 | €22,402 | €29,492 | +€7,090 | +31.6% |
| Taxes, remuneration and social security | 45 | €11,495 | €10,139 | -€1,356 | -11.8% |
| Taxes | 450/3 | €6,456 | €2,867 | -€3,589 | -55.6% |
| Remuneration and social security | 454/9 | €5,039 | €7,272 | +€2,233 | +44.3% |
| Remuneration, social security and pensions | 62 | €62,645 | €67,661 | +€5,016 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,149 | €5,612 | -€1,537 | -21.5% |
| Other operating charges | 640/8 | €1,858 | €952 | -€906 | -48.8% |
| Gross operating margin | 9900 | €129,268 | €52,611 | -€76,658 | -59.3% |
| Operating profit (loss) | 9901 | €57,617 | -€21,614 | -€79,231 | |
| Financial income | 75/76B | €191 | €54 | -€138 | -71.8% |
| Recurring financial income | 75 | €191 | €54 | -€138 | -71.8% |
| Financial charges | 65/66B | €1,079 | €1,505 | +€426 | +39.5% |
| Recurring financial charges | 65 | €1,079 | €1,505 | +€426 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €56,729 | -€23,065 | -€79,795 | |
| Income taxes | 67/77 | €231 | €217 | -€14 | -6.2% |
| Profit (loss) for the period | 9904 | €56,498 | -€23,282 | -€79,780 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,498 | -€23,282 | -€79,780 |
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 21 October 2026 via checked.be.