LAMBRECHT MANAGEMENT: 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 MANAGEMENT
Largest movements
- Tangible fixed assets +€403,052
up €403,052 (+26.4%), from €1.5m to €1.9m
of which Land and buildings: +€406,688
- Receivables after one year -€68,324
down €68,324 (-100.0%), from €68,324 to €0
- Receivables within one year +€47,984
up €47,984 (+534.0%), from €8,987 to €56,971
of which Other amounts receivable: +€47,984
- Reserves +€137,115
up €137,115 (+16.7%), from €818,945 to €956,060
of which Distributable reserves: +€137,115
- Debts after one year +€133,967
up €133,967 (+7.9%), from €1.7m to €1.8m
of which Financial debts: +€266,074
- Other debts +€117,503
up €117,503 (+161.5%), from €72,745 to €190,248
- Financial income +€151,839
up €151,839 (+15024.6%), from €1,011 to €152,850
- Gross operating margin -€105,896
down €105,896 (-31.3%), from €338,207 to €232,311
- Taxes -€22,169
down €22,169 (-31.2%), from €71,141 to €48,971
- Financial charges +€7,001
up €7,001 (+16.2%), from €43,293 to €50,294
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 | €2,861,614 | €3,246,770 | +€385,156 | +13.5% |
| Fixed assets | 21/28 | €2,776,622 | €3,179,674 | +€403,052 | +14.5% |
| Tangible fixed assets | 22/27 | €1,526,622 | €1,929,674 | +€403,052 | +26.4% |
| Land and buildings | 22 | €1,513,922 | €1,920,610 | +€406,688 | +26.9% |
| Plant, machinery and equipment | 23 | €2,526 | €2,014 | -€512 | -20.3% |
| Furniture and vehicles | 24 | €10,174 | €7,050 | -€3,124 | -30.7% |
| Financial fixed assets | 28 | €1,250,000 | €1,250,000 | = | 0.0% |
| Current assets | 29/58 | €84,992 | €67,096 | -€17,896 | -21.1% |
| Amounts receivable after more than one year | 29 | €68,324 | €0 | -€68,324 | -100.0% |
| Other amounts receivable | 291 | €68,324 | €0 | -€68,324 | -100.0% |
| Amounts receivable within one year | 40/41 | €8,987 | €56,971 | +€47,984 | +534.0% |
| Trade receivables | 40 | €8,987 | €8,987 | = | 0.0% |
| Other amounts receivable | 41 | - | €47,984 | +€47,984 | |
| Cash at bank and in hand | 54/58 | €567 | €2,164 | +€1,598 | +281.9% |
| Deferred charges and accrued income | 490/1 | €7,115 | €7,961 | +€846 | +11.9% |
| Total equity and liabilities | 10/49 | €2,861,614 | €3,246,770 | +€385,156 | +13.5% |
| Equity | 10/15 | €843,945 | €981,060 | +€137,115 | +16.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €818,945 | €956,060 | +€137,115 | +16.7% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €816,445 | €953,560 | +€137,115 | +16.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,017,669 | €2,265,710 | +€248,042 | +12.3% |
| Amounts payable after more than one year | 17 | €1,697,858 | €1,831,825 | +€133,967 | +7.9% |
| Financial debts | 170/4 | €1,565,751 | €1,831,825 | +€266,074 | +17.0% |
| Other amounts payable | 178/9 | €132,107 | €0 | -€132,107 | -100.0% |
| Amounts payable within one year | 42/48 | €313,266 | €427,341 | +€114,075 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €151,722 | €127,310 | -€24,412 | -16.1% |
| Financial debts | 43 | - | €527 | +€527 | |
| Credit institutions | 430/8 | - | €527 | +€527 | |
| Trade debts | 44 | €3,294 | €10,157 | +€6,864 | +208.4% |
| Suppliers | 440/4 | €3,294 | €10,157 | +€6,864 | +208.4% |
| Taxes, remuneration and social security | 45 | €85,505 | €99,098 | +€13,593 | +15.9% |
| Taxes | 450/3 | €85,505 | €99,098 | +€13,593 | +15.9% |
| Other amounts payable | 47/48 | €72,745 | €190,248 | +€117,503 | +161.5% |
| Accrued charges and deferred income | 492/3 | €6,545 | €6,545 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,414 | €53,979 | +€1,565 | +3.0% |
| Other operating charges | 640/8 | €9,157 | €10,961 | +€1,804 | +19.7% |
| Gross operating margin | 9900 | €338,207 | €232,311 | -€105,896 | -31.3% |
| Operating profit (loss) | 9901 | €276,636 | €167,371 | -€109,265 | -39.5% |
| Financial income | 75/76B | €1,011 | €152,850 | +€151,839 | +15024.6% |
| Recurring financial income | 75 | €1,011 | €152,850 | +€151,839 | +15024.6% |
| Financial charges | 65/66B | €43,293 | €50,294 | +€7,001 | +16.2% |
| Recurring financial charges | 65 | €43,293 | €50,294 | +€7,001 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €234,354 | €269,927 | +€35,573 | +15.2% |
| Income taxes | 67/77 | €71,141 | €48,971 | -€22,169 | -31.2% |
| Profit (loss) for the period | 9904 | €163,213 | €220,956 | +€57,743 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €163,213 | €220,956 | +€57,743 | +35.4% |
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 10 October 2026 via checked.be.