Lambert-Verhulst & Sons: 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-Verhulst & Sons
Largest movements
- Receivables within one year -€56,053
down €56,053 (-62.8%), from €89,266 to €33,213
of which Other amounts receivable: -€52,351
- Cash +€44,765
up €44,765 (+71.2%), from €62,909 to €107,674
mainly Net result for the year (+€109,427) and Receivables within one year (+€56,053)
- Receivables after one year -€3,000
down €3,000 (-3.5%), from €85,900 to €82,900
- Other debts -€134,483
down €134,483 (-93.7%), from €143,483 to €9,000
- Reserves +€109,427
up €109,427 (+277.2%), from €39,472 to €148,899
of which Distributable reserves: +€109,427
- Tax, wage and social debts +€9,964
up €9,964 (+30.0%), from €33,195 to €43,159
- Short-term financial debts +€2,693
up €2,693 (+28.2%), from €9,562 to €12,255
- Gross operating margin +€64,013
up €64,013 (+46.8%), from €136,750 to €200,764
- Other operating charges +€29,735
up €29,735 (+244.6%), from €12,156 to €41,891
- Taxes +€18,000
up €18,000 (+54.5%), from €33,026 to €51,026
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 | €247,159 | €233,289 | -€13,870 | -5.6% |
| Fixed assets | 21/28 | €2,481 | €4,511 | +€2,030 | +81.8% |
| Tangible fixed assets | 22/27 | €2,481 | €4,511 | +€2,030 | +81.8% |
| Furniture and vehicles | 24 | €2,481 | €4,511 | +€2,030 | +81.8% |
| Current assets | 29/58 | €244,679 | €228,778 | -€15,900 | -6.5% |
| Amounts receivable after more than one year | 29 | €85,900 | €82,900 | -€3,000 | -3.5% |
| Other amounts receivable | 291 | €85,900 | €82,900 | -€3,000 | -3.5% |
| Amounts receivable within one year | 40/41 | €89,266 | €33,213 | -€56,053 | -62.8% |
| Trade receivables | 40 | €3,703 | €0 | -€3,703 | -100.0% |
| Other amounts receivable | 41 | €85,564 | €33,213 | -€52,351 | -61.2% |
| Cash at bank and in hand | 54/58 | €62,909 | €107,674 | +€44,765 | +71.2% |
| Deferred charges and accrued income | 490/1 | €6,603 | €4,991 | -€1,612 | -24.4% |
| Total equity and liabilities | 10/49 | €247,159 | €233,289 | -€13,870 | -5.6% |
| Equity | 10/15 | €58,022 | €167,449 | +€109,427 | +188.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €39,472 | €148,899 | +€109,427 | +277.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €37,617 | €147,044 | +€109,427 | +290.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €189,137 | €65,840 | -€123,297 | -65.2% |
| Amounts payable within one year | 42/48 | €189,137 | €65,840 | -€123,297 | -65.2% |
| Financial debts | 43 | €9,562 | €12,255 | +€2,693 | +28.2% |
| Other loans | 439 | €9,562 | €12,255 | +€2,693 | +28.2% |
| Trade debts | 44 | €2,898 | €1,427 | -€1,471 | -50.8% |
| Suppliers | 440/4 | €2,898 | €1,427 | -€1,471 | -50.8% |
| Taxes, remuneration and social security | 45 | €33,195 | €43,159 | +€9,964 | +30.0% |
| Taxes | 450/3 | €33,195 | €43,159 | +€9,964 | +30.0% |
| Other amounts payable | 47/48 | €143,483 | €9,000 | -€134,483 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,562 | €2,175 | +€613 | +39.2% |
| Other operating charges | 640/8 | €12,156 | €41,891 | +€29,735 | +244.6% |
| Gross operating margin | 9900 | €136,750 | €200,764 | +€64,013 | +46.8% |
| Operating profit (loss) | 9901 | €123,032 | €156,697 | +€33,665 | +27.4% |
| Financial income | 75/76B | €6,603 | €4,991 | -€1,612 | -24.4% |
| Recurring financial income | 75 | €6,603 | €4,991 | -€1,612 | -24.4% |
| Financial charges | 65/66B | €1,314 | €1,235 | -€79 | -6.0% |
| Recurring financial charges | 65 | €1,314 | €1,235 | -€79 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €128,322 | €160,453 | +€32,132 | +25.0% |
| Income taxes | 67/77 | €33,026 | €51,026 | +€18,000 | +54.5% |
| Profit (loss) for the period | 9904 | €95,296 | €109,427 | +€14,131 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €95,296 | €109,427 | +€14,131 | +14.8% |
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 3 October 2026 via checked.be.