LAMBRECHTS: 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.
LAMBRECHTS
Largest movements
- Cash +€9,166
up €9,166 (+210711.3%), from €4 to €9,170
mainly Other debts (+€23,524) and Trade debts (+€2,236)
- Receivables within one year -€1,221
down €1,221 (-93.7%), from €1,303 to €82
- Other debts +€23,524
up €23,524 (+15.2%), from €154,952 to €178,476
- Profit (loss) carried forward -€12,593
down €12,593 (-4.6%), from -€272,851 to -€285,445
- Tax, wage and social debts -€5,414
no longer reported in 2025 (was €5,414)
- Trade debts +€2,236
up €2,236 (+3725.9%), from €60 to €2,296
- Staff costs -€88,274
down €88,274, from €86,649 to -€1,625
- Gross operating margin -€83,295
down €83,295, from €78,039 to -€5,255
- Write-downs -€28,746
no longer reported in 2025 (was €28,746)
- Other operating charges -€11,707
down €11,707 (-79.1%), from €14,807 to €3,100
- Depreciation -€5,912
no longer reported in 2025 (was €5,912)
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 | €101,278 | €109,031 | +€7,752 | +7.7% |
| Current assets | 29/58 | €101,278 | €109,031 | +€7,752 | +7.7% |
| Stocks and contracts in progress | 3 | €99,778 | €99,778 | = | 0.0% |
| Stocks | 30/36 | €99,778 | €99,778 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,303 | €82 | -€1,221 | -93.7% |
| Other amounts receivable | 41 | €1,303 | €82 | -€1,221 | -93.7% |
| Cash at bank and in hand | 54/58 | €4 | €9,170 | +€9,166 | +210711.3% |
| Deferred charges and accrued income | 490/1 | €193 | - | -€193 | |
| Total equity and liabilities | 10/49 | €101,278 | €109,031 | +€7,752 | +7.7% |
| Equity | 10/15 | -€59,148 | -€71,741 | -€12,593 | -21.3% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €151,204 | €151,204 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Legal reserve | 130 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €147,485 | €147,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€272,851 | -€285,445 | -€12,593 | -4.6% |
| Amounts payable | 17/49 | €160,426 | €180,772 | +€20,346 | +12.7% |
| Amounts payable within one year | 42/48 | €160,426 | €180,772 | +€20,346 | +12.7% |
| Trade debts | 44 | €60 | €2,296 | +€2,236 | +3725.9% |
| Suppliers | 440/4 | €60 | €2,296 | +€2,236 | +3725.9% |
| Taxes, remuneration and social security | 45 | €5,414 | - | -€5,414 | |
| Taxes | 450/3 | €5,414 | - | -€5,414 | |
| Other amounts payable | 47/48 | €154,952 | €178,476 | +€23,524 | +15.2% |
| Remuneration, social security and pensions | 62 | €86,649 | -€1,625 | -€88,274 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,912 | - | -€5,912 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €28,746 | - | -€28,746 | |
| Other operating charges | 640/8 | €14,807 | €3,100 | -€11,707 | -79.1% |
| Non-recurring operating charges | 66A | €25,316 | - | -€25,316 | |
| Gross operating margin | 9900 | €78,039 | -€5,255 | -€83,295 | |
| Operating profit (loss) | 9901 | -€83,390 | -€6,730 | +€76,660 | +91.9% |
| Financial income | 75/76B | €457 | - | -€457 | |
| Recurring financial income | 75 | €457 | - | -€457 | |
| Financial charges | 65/66B | €10,843 | €5,863 | -€4,980 | -45.9% |
| Recurring financial charges | 65 | €10,843 | €5,863 | -€4,980 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | -€93,775 | -€12,593 | +€81,182 | +86.6% |
| Profit (loss) for the period | 9904 | -€93,775 | -€12,593 | +€81,182 | +86.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,775 | -€12,593 | +€81,182 | +86.6% |
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 12 October 2026 via checked.be.