LAMBRECHT XAVIER: 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.
LAMBRECHT XAVIER
Largest movements
- Cash +€214,036
up €214,036 (+223.7%), from €95,688 to €309,723
mainly Current investments (+€150,000) and Net result for the year (+€72,454)
- Current investments -€150,000
down €150,000 (-100.0%), from €150,000 to €0
- Receivables within one year -€34,126
down €34,126 (-78.1%), from €43,706 to €9,580
of which Trade receivables: -€30,772
- Tangible fixed assets +€14,766
up €14,766 (+16.8%), from €87,803 to €102,569
of which Furniture and vehicles: +€16,189
- Stocks and contracts +€5,904
up €5,904 (+17.3%), from €34,188 to €40,092
- Reserves +€70,854
up €70,854 (+39.8%), from €178,034 to €248,888
- Other debts -€11,129
down €11,129 (-35.3%), from €31,570 to €20,441
- Trade debts -€9,286
down €9,286 (-74.5%), from €12,463 to €3,178
- Financial charges -€13,570
down €13,570 (-69.3%), from €19,575 to €6,005
of which Non-recurring financial charges: -€12,981
- Depreciation +€7,647
up €7,647 (+42.6%), from €17,931 to €25,578
- Taxes +€4,269
up €4,269 (+12.6%), from €33,766 to €38,035
- Gross operating margin +€3,455
up €3,455 (+2.5%), from €138,244 to €141,699
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 | €415,913 | €468,393 | +€52,480 | +12.6% |
| Fixed assets | 21/28 | €87,803 | €102,569 | +€14,766 | +16.8% |
| Tangible fixed assets | 22/27 | €87,803 | €102,569 | +€14,766 | +16.8% |
| Plant, machinery and equipment | 23 | €3,651 | €2,228 | -€1,423 | -39.0% |
| Furniture and vehicles | 24 | €84,152 | €100,341 | +€16,189 | +19.2% |
| Current assets | 29/58 | €328,110 | €365,824 | +€37,714 | +11.5% |
| Stocks and contracts in progress | 3 | €34,188 | €40,092 | +€5,904 | +17.3% |
| Stocks | 30/36 | €34,188 | €40,092 | +€5,904 | +17.3% |
| Amounts receivable within one year | 40/41 | €43,706 | €9,580 | -€34,126 | -78.1% |
| Trade receivables | 40 | €39,492 | €8,720 | -€30,772 | -77.9% |
| Other amounts receivable | 41 | €4,213 | €860 | -€3,354 | -79.6% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €95,688 | €309,723 | +€214,036 | +223.7% |
| Deferred charges and accrued income | 490/1 | €4,529 | €6,429 | +€1,900 | +41.9% |
| Total equity and liabilities | 10/49 | €415,913 | €468,393 | +€52,480 | +12.6% |
| Equity | 10/15 | €275,334 | €346,188 | +€70,854 | +25.7% |
| Contributions | 10/11 | €97,300 | €97,300 | = | 0.0% |
| Reserves | 13 | €178,034 | €248,888 | +€70,854 | +39.8% |
| Distributable reserves | 133 | €178,034 | €248,888 | +€70,854 | +39.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €140,579 | €122,205 | -€18,374 | -13.1% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €65,579 | €47,205 | -€18,374 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €1,080 | €0 | -€1,080 | -100.0% |
| Trade debts | 44 | €12,463 | €3,178 | -€9,286 | -74.5% |
| Suppliers | 440/4 | €12,463 | €3,178 | -€9,286 | -74.5% |
| Taxes, remuneration and social security | 45 | €20,466 | €23,586 | +€3,120 | +15.2% |
| Taxes | 450/3 | €20,466 | €23,586 | +€3,120 | +15.2% |
| Other amounts payable | 47/48 | €31,570 | €20,441 | -€11,129 | -35.3% |
| Non-recurring operating income | 76A | - | €7,137 | +€7,137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,931 | €25,578 | +€7,647 | +42.6% |
| Other operating charges | 640/8 | €1,299 | €1,807 | +€508 | +39.1% |
| Non-recurring operating charges | 66A | - | €292 | +€292 | |
| Gross operating margin | 9900 | €138,244 | €141,699 | +€3,455 | +2.5% |
| Operating profit (loss) | 9901 | €119,013 | €114,022 | -€4,991 | -4.2% |
| Financial income | 75/76B | €1,698 | €2,473 | +€775 | +45.6% |
| Recurring financial income | 75 | €1 | €2,473 | +€2,472 | +244708.9% |
| Non-recurring financial income | 76B | €1,697 | €0 | -€1,697 | -100.0% |
| Financial charges | 65/66B | €19,575 | €6,005 | -€13,570 | -69.3% |
| Recurring financial charges | 65 | €6,594 | €6,005 | -€589 | -8.9% |
| Non-recurring financial charges | 66B | €12,981 | €0 | -€12,981 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €101,135 | €110,489 | +€9,354 | +9.2% |
| Income taxes | 67/77 | €33,766 | €38,035 | +€4,269 | +12.6% |
| Profit (loss) for the period | 9904 | €67,369 | €72,454 | +€5,085 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €67,369 | €72,454 | +€5,085 | +7.5% |
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 9 October 2026 via checked.be.