LAMBRECHT MARC: 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 MARC
Largest movements
- Tangible fixed assets -€81,840
down €81,840 (-5.9%), from €1.4m to €1.3m
of which Land and buildings: -€80,988
- Cash -€35,424
down €35,424 (-87.0%), from €40,725 to €5,301
mainly Debts after one year (-€130,586) and Accrued charges and deferred income (-€43,857)
- Debts after one year -€130,586
down €130,586 (-16.4%), from €796,623 to €666,037
of which Other amounts payable: -€75,000
- Profit (loss) carried forward +€74,386
up €74,386 (+83.9%), from -€88,610 to -€14,225
- Accrued charges and deferred income -€43,857
down €43,857 (-61.6%), from €71,220 to €27,363
- Current portion of long-term debt -€22,980
down €22,980 (-29.2%), from €78,566 to €55,586
- Gross operating margin +€18,008
up €18,008 (+9.9%), from €181,330 to €199,338
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 | €1,431,628 | €1,323,376 | -€108,252 | -7.6% |
| Fixed assets | 21/28 | €1,389,374 | €1,307,534 | -€81,840 | -5.9% |
| Tangible fixed assets | 22/27 | €1,389,374 | €1,307,534 | -€81,840 | -5.9% |
| Land and buildings | 22 | €1,386,530 | €1,305,542 | -€80,988 | -5.8% |
| Furniture and vehicles | 24 | €2,843 | €1,992 | -€851 | -29.9% |
| Current assets | 29/58 | €42,255 | €15,842 | -€26,413 | -62.5% |
| Amounts receivable within one year | 40/41 | €1,070 | €9,889 | +€8,818 | +823.9% |
| Trade receivables | 40 | €1,062 | €5,087 | +€4,025 | +378.9% |
| Other amounts receivable | 41 | €8 | €4,802 | +€4,794 | +59181.2% |
| Cash at bank and in hand | 54/58 | €40,725 | €5,301 | -€35,424 | -87.0% |
| Deferred charges and accrued income | 490/1 | €460 | €652 | +€192 | +41.8% |
| Total equity and liabilities | 10/49 | €1,431,628 | €1,323,376 | -€108,252 | -7.6% |
| Equity | 10/15 | €413,662 | €488,048 | +€74,386 | +18.0% |
| Contributions | 10/11 | €298,600 | €298,600 | = | 0.0% |
| Reserves | 13 | €203,672 | €203,672 | = | 0.0% |
| Distributable reserves | 133 | €203,672 | €203,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,610 | -€14,225 | +€74,386 | +83.9% |
| Amounts payable | 17/49 | €1,017,966 | €835,328 | -€182,638 | -17.9% |
| Amounts payable after more than one year | 17 | €796,623 | €666,037 | -€130,586 | -16.4% |
| Financial debts | 170/4 | €396,623 | €341,037 | -€55,586 | -14.0% |
| Other amounts payable | 178/9 | €400,000 | €325,000 | -€75,000 | -18.8% |
| Amounts payable within one year | 42/48 | €150,123 | €141,928 | -€8,195 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €78,566 | €55,586 | -€22,980 | -29.2% |
| Trade debts | 44 | €5,801 | €9,634 | +€3,832 | +66.1% |
| Suppliers | 440/4 | €5,801 | €9,634 | +€3,832 | +66.1% |
| Taxes, remuneration and social security | 45 | €9,075 | €7,011 | -€2,064 | -22.7% |
| Taxes | 450/3 | €9,075 | €7,011 | -€2,064 | -22.7% |
| Other amounts payable | 47/48 | €56,681 | €69,698 | +€13,017 | +23.0% |
| Accrued charges and deferred income | 492/3 | €71,220 | €27,363 | -€43,857 | -61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,642 | €81,840 | +€197 | +0.2% |
| Other operating charges | 640/8 | €6,664 | €5,944 | -€720 | -10.8% |
| Gross operating margin | 9900 | €181,330 | €199,338 | +€18,008 | +9.9% |
| Operating profit (loss) | 9901 | €93,023 | €111,554 | +€18,531 | +19.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €35,224 | €36,971 | +€1,746 | +5.0% |
| Recurring financial charges | 65 | €35,224 | €36,971 | +€1,746 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €57,799 | €74,584 | +€16,785 | +29.0% |
| Income taxes | 67/77 | €204 | €198 | -€6 | -2.7% |
| Profit (loss) for the period | 9904 | €57,595 | €74,386 | +€16,790 | +29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,595 | €74,386 | +€16,790 | +29.2% |
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.