LAMBERTUS: 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.
LAMBERTUS
Largest movements
- Stocks and contracts -€226,640
down €226,640 (-86.0%), from €263,664 to €37,024
- Cash -€103,175
down €103,175 (-89.1%), from €115,748 to €12,572
mainly Other debts (-€312,449) and Short-term financial debts (-€184,500)
- Receivables within one year -€102,539
down €102,539 (-16.5%), from €622,045 to €519,506
of which Other amounts receivable: -€102,539
- Other debts -€312,449
down €312,449 (-52.9%), from €591,030 to €278,582
- Short-term financial debts -€184,500
no longer reported in 2025 (was €184,500)
- Reserves +€50,238
up €50,238 (+18.3%), from €275,128 to €325,366
- Financial charges -€211,899
down €211,899 (-94.8%), from €223,638 to €11,739
of which Financial charges: -€217,208
- Gross operating margin -€167,215
down €167,215 (-75.1%), from €222,555 to €55,340
- Financial income +€23,485
up €23,485 (+2728.9%), from €861 to €24,346
- Taxes +€16,964
new in 2025: €16,964
- Staff costs -€8,064
down €8,064 (-94.0%), from €8,581 to €517
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 | €1,080,265 | €642,602 | -€437,663 | -40.5% |
| Fixed assets | 21/28 | €73,500 | €73,500 | = | 0.0% |
| Financial fixed assets | 28 | €73,500 | €73,500 | = | 0.0% |
| Current assets | 29/58 | €1,006,765 | €569,102 | -€437,663 | -43.5% |
| Stocks and contracts in progress | 3 | €263,664 | €37,024 | -€226,640 | -86.0% |
| Stocks | 30/36 | €263,664 | €37,024 | -€226,640 | -86.0% |
| Amounts receivable within one year | 40/41 | €622,045 | €519,506 | -€102,539 | -16.5% |
| Trade receivables | 40 | €6,227 | €6,227 | = | 0.0% |
| Other amounts receivable | 41 | €615,819 | €513,279 | -€102,539 | -16.7% |
| Current investments | 50/53 | €5,309 | - | -€5,309 | |
| Cash at bank and in hand | 54/58 | €115,748 | €12,572 | -€103,175 | -89.1% |
| Total equity and liabilities | 10/49 | €1,080,265 | €642,602 | -€437,663 | -40.5% |
| Equity | 10/15 | €293,728 | €343,966 | +€50,238 | +17.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €275,128 | €325,366 | +€50,238 | +18.3% |
| Distributable reserves | 133 | €275,128 | €325,366 | +€50,238 | +18.3% |
| Amounts payable | 17/49 | €786,538 | €298,636 | -€487,901 | -62.0% |
| Amounts payable within one year | 42/48 | €786,538 | €298,636 | -€487,901 | -62.0% |
| Financial debts | 43 | €184,500 | - | -€184,500 | |
| Credit institutions | 430/8 | €184,500 | - | -€184,500 | |
| Trade debts | 44 | €2,476 | €3,090 | +€615 | +24.8% |
| Suppliers | 440/4 | €2,476 | €3,090 | +€615 | +24.8% |
| Taxes, remuneration and social security | 45 | €8,532 | €16,964 | +€8,433 | +98.8% |
| Taxes | 450/3 | €8,532 | €16,964 | +€8,433 | +98.8% |
| Other amounts payable | 47/48 | €591,030 | €278,582 | -€312,449 | -52.9% |
| Remuneration, social security and pensions | 62 | €8,581 | €517 | -€8,064 | -94.0% |
| Other operating charges | 640/8 | €216 | €227 | +€11 | +5.2% |
| Gross operating margin | 9900 | €222,555 | €55,340 | -€167,215 | -75.1% |
| Operating profit (loss) | 9901 | €213,759 | €54,596 | -€159,163 | -74.5% |
| Financial income | 75/76B | €861 | €24,346 | +€23,485 | +2728.9% |
| Recurring financial income | 75 | €861 | €24,346 | +€23,485 | +2728.9% |
| Financial charges | 65/66B | €223,638 | €11,739 | -€211,899 | -94.8% |
| Recurring financial charges | 65 | €223,638 | €6,430 | -€217,208 | -97.1% |
| Non-recurring financial charges | 66B | - | €5,309 | +€5,309 | |
| Profit (loss) for the period before taxes | 9903 | -€9,019 | €67,202 | +€76,221 | |
| Income taxes | 67/77 | - | €16,964 | +€16,964 | |
| Profit (loss) for the period | 9904 | -€9,019 | €50,238 | +€59,257 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,019 | €50,238 | +€59,257 |
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 11 October 2026 via checked.be.