LAMBRECHT KÜRT: 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.
LAMBRECHT KÜRT
Largest movements
- Receivables within one year -€35,254
down €35,254 (-73.1%), from €48,252 to €12,998
of which Trade receivables: -€33,511
- Cash +€33,826
up €33,826 (+262%), from €12,903 to €46,729
mainly Depreciation (+€42,204) and Receivables within one year (+€35,254)
- Tangible fixed assets -€22,204
down €22,204 (-7.2%), from €309,436 to €287,232
- Stocks and contracts -€15,785
down €15,785 (-56.8%), from €27,785 to €12,000
- Reserves +€28,101
up €28,101 (+41.9%), from €67,117 to €95,218
- Debts after one year -€26,646
down €26,646 (-13.7%), from €194,160 to €167,514
- Advances received -€18,868
down €18,868 (-100%), from €18,868 to €0
- Trade debts -€18,313
down €18,313 (-41.7%), from €43,933 to €25,620
- Current portion of long-term debt -€11,930
down €11,930 (-30.9%), from €38,576 to €26,646
- Write-downs -€18,360
down €18,360, from €0 to -€18,360
- Gross operating margin +€10,639
up €10,639 (+16.1%), from €66,007 to €76,646
- Taxes +€7,798
up €7,798 (+124%), from €6,292 to €14,090
- Depreciation +€6,593
up €6,593 (+18.5%), from €35,610 to €42,204
- Financial charges +€6,219
up €6,219 (+108%), from €5,732 to €11,951
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 | €400,714 | €361,841 | -€38,872 | -9.7% |
| Fixed assets | 21/28 | €309,436 | €287,232 | -€22,204 | -7.2% |
| Tangible fixed assets | 22/27 | €309,436 | €287,232 | -€22,204 | -7.2% |
| Land and buildings | 22 | €206,246 | €201,522 | -€4,725 | -2.3% |
| Plant, machinery and equipment | 23 | €23,207 | €12,901 | -€10,306 | -44.4% |
| Furniture and vehicles | 24 | €79,983 | €72,809 | -€7,174 | -9.0% |
| Current assets | 29/58 | €91,278 | €74,610 | -€16,669 | -18.3% |
| Stocks and contracts in progress | 3 | €27,785 | €12,000 | -€15,785 | -56.8% |
| Contracts in progress | 37 | €27,785 | €12,000 | -€15,785 | -56.8% |
| Amounts receivable within one year | 40/41 | €48,252 | €12,998 | -€35,254 | -73.1% |
| Trade receivables | 40 | €36,016 | €2,505 | -€33,511 | -93.0% |
| Other amounts receivable | 41 | €12,236 | €10,492 | -€1,744 | -14.3% |
| Cash at bank and in hand | 54/58 | €12,903 | €46,729 | +€33,826 | +262% |
| Deferred charges and accrued income | 490/1 | €2,337 | €2,883 | +€545 | +23.3% |
| Total equity and liabilities | 10/49 | €400,714 | €361,841 | -€38,872 | -9.7% |
| Equity | 10/15 | €73,317 | €101,418 | +€28,101 | +38.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €67,117 | €95,218 | +€28,101 | +41.9% |
| Distributable reserves | 133 | €67,117 | €95,218 | +€28,101 | +41.9% |
| Amounts payable | 17/49 | €327,397 | €260,423 | -€66,974 | -20.5% |
| Amounts payable after more than one year | 17 | €194,160 | €167,514 | -€26,646 | -13.7% |
| Financial debts | 170/4 | €194,160 | €167,514 | -€26,646 | -13.7% |
| Amounts payable within one year | 42/48 | €133,136 | €85,454 | -€47,682 | -35.8% |
| Current portion of amounts payable after more than one year | 42 | €38,576 | €26,646 | -€11,930 | -30.9% |
| Trade debts | 44 | €43,933 | €25,620 | -€18,313 | -41.7% |
| Suppliers | 440/4 | €43,933 | €25,620 | -€18,313 | -41.7% |
| Advances received on contracts in progress | 46 | €18,868 | €0 | -€18,868 | -100% |
| Taxes, remuneration and social security | 45 | €11,032 | €12,080 | +€1,049 | +9.5% |
| Taxes | 450/3 | €8,832 | €10,980 | +€2,149 | +24.3% |
| Remuneration and social security | 454/9 | €2,200 | €1,100 | -€1,100 | -50.0% |
| Other amounts payable | 47/48 | €20,728 | €21,107 | +€379 | +1.8% |
| Accrued charges and deferred income | 492/3 | €101 | €7,456 | +€7,354 | +7,272% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,610 | €42,204 | +€6,593 | +18.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€18,360 | -€18,360 | |
| Other operating charges | 640/8 | €1,458 | €1,569 | +€111 | +7.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €66,007 | €76,646 | +€10,639 | +16.1% |
| Operating profit (loss) | 9901 | €28,939 | €51,233 | +€22,295 | +77.0% |
| Financial income | 75/76B | €1,268 | €2,909 | +€1,641 | +129% |
| Recurring financial income | 75 | €1,268 | €2,909 | +€1,641 | +129% |
| Financial charges | 65/66B | €5,732 | €11,951 | +€6,219 | +108% |
| Recurring financial charges | 65 | €5,732 | €11,951 | +€6,219 | +108% |
| Profit (loss) for the period before taxes | 9903 | €24,475 | €42,192 | +€17,717 | +72.4% |
| Income taxes | 67/77 | €6,292 | €14,090 | +€7,798 | +124% |
| Profit (loss) for the period | 9904 | €18,183 | €28,101 | +€9,919 | +54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,183 | €28,101 | +€9,919 | +54.5% |
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 24 October 2026 via checked.be.