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.
What changed
LAMBRECHTS
NACE 46.392, Non-specialised wholesale
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €1.5m+€165,444
Equity
€9.8m
2024 · €9.7m+€56,220
Cash
€9.9m
2024 · €9.5m+€411,056
Balance sheet total
€33.3m
2024 · €40.7m-€7.4m
Largest movements
Assets
- Stocks and contracts -€4.3m
down €4.3m (-29.3%), from €14.8m to €10.5m
- Receivables within one year -€3.1m
down €3.1m (-29.2%), from €10.6m to €7.5m
of which Trade receivables: -€3.0m
- Cash +€411,056
up €411,056 (+4.3%), from €9.5m to €9.9m
mainly Stocks and contracts (+€4.3m) and Receivables within one year (+€3.1m)
Equity and liabilities
- Other debts -€4.8m
down €4.8m (-26.8%), from €17.9m to €13.1m
- Trade debts -€3.0m
down €3.0m (-28.1%), from €10.6m to €7.6m
- Tax, wage and social debts +€432,923
up €432,923 (+20.0%), from €2.2m to €2.6m
of which Taxes: +€391,611
Income statement
No income-statement line moved by more than 1% of the activity.
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.
Result 2024
€1.5m
Turnover
-€548,840
Other operating income
-€210,595
Goods and materials
+€432,765
Services and other goods
+€423,114
Staff costs
-€322,593
Depreciation
-€106,108
Write-downs
+€1.1m
Other operating charges
-€423,459
Other operating items
+€423,202
Financial income
-€369,488
Financial charges
-€136,745
Taxes
-€65,228
Result 2025
€1.7m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.1m
Investment
-€1.0m
Financing
-€1.7m
Cash 2024
€9.5m
From operations (derived)
+€3.1m
Net result for the year
+€1.7m
Depreciation
+€1.4m
Stocks and contracts
+€4.3m
Receivables within one year
+€3.1m
Deferred charges and accrued income
-€2,924
Trade debts
-€3.0m
Tax, wage and social debts
+€432,923
Other debts
-€4.8m
Accrued charges and deferred income
-€70,557
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Financing
-€1.7m
Contributions, distributions and other
-€1.7m
Cash 2025
€9.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,671,545 | €33,286,468 | -€7.4m | -18.2% |
| Fixed assets | 21/28 | €5,670,037 | €5,294,233 | -€375,804 | -6.6% |
| Intangible fixed assets | 21 | €2,564 | - | -€2,564 | |
| Tangible fixed assets | 22/27 | €5,618,938 | €5,243,833 | -€375,105 | -6.7% |
| Plant, machinery and equipment | 23 | €779,868 | €311,366 | -€468,502 | -60.1% |
| Furniture and vehicles | 24 | €2,102,667 | €2,424,329 | +€321,662 | +15.3% |
| Other tangible fixed assets | 26 | €2,736,403 | €2,508,138 | -€228,265 | -8.3% |
| Financial fixed assets | 28 | €48,535 | €50,400 | +€1,865 | +3.8% |
| Other financial fixed assets | 284/8 | €48,535 | €50,400 | +€1,865 | +3.8% |
| Amounts receivable and cash guarantees | 285/8 | €48,535 | €50,400 | +€1,865 | +3.8% |
| Current assets | 29/58 | €35,001,508 | €27,992,235 | -€7.0m | -20.0% |
| Stocks and contracts in progress | 3 | €14,826,416 | €10,485,891 | -€4.3m | -29.3% |
| Stocks | 30/36 | €14,826,416 | €10,485,891 | -€4.3m | -29.3% |
| Goods purchased for resale | 34 | €14,826,416 | €10,485,891 | -€4.3m | -29.3% |
| Amounts receivable within one year | 40/41 | €10,553,891 | €7,471,163 | -€3.1m | -29.2% |
| Trade receivables | 40 | €10,388,210 | €7,364,155 | -€3.0m | -29.1% |
| Other amounts receivable | 41 | €165,681 | €107,008 | -€58,673 | -35.4% |
| Cash at bank and in hand | 54/58 | €9,511,684 | €9,922,740 | +€411,056 | +4.3% |
| Deferred charges and accrued income | 490/1 | €109,517 | €112,441 | +€2,924 | +2.7% |
| Total equity and liabilities | 10/49 | €40,671,545 | €33,286,468 | -€7.4m | -18.2% |
| Equity | 10/15 | €9,700,532 | €9,756,752 | +€56,220 | +0.6% |
| Contributions | 10/11 | €1,790,000 | €1,790,000 | = | 0.0% |
| Capital | 10 | €1,790,000 | €1,790,000 | = | 0.0% |
| Issued capital | 100 | €1,790,000 | €1,790,000 | = | 0.0% |
| Reserves | 13 | €517,671 | €517,671 | = | 0.0% |
| Non-distributable reserves | 130/1 | €179,000 | €179,000 | = | 0.0% |
| Legal reserve | 130 | €179,000 | €179,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,671 | €38,671 | = | 0.0% |
| Distributable reserves | 133 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,392,861 | €7,449,081 | +€56,220 | +0.8% |
| Amounts payable | 17/49 | €30,971,013 | €23,529,716 | -€7.4m | -24.0% |
| Amounts payable within one year | 42/48 | €30,740,263 | €23,369,523 | -€7.4m | -24.0% |
| Trade debts | 44 | €10,644,374 | €7,648,731 | -€3.0m | -28.1% |
| Suppliers | 440/4 | €10,644,374 | €7,648,731 | -€3.0m | -28.1% |
| Taxes, remuneration and social security | 45 | €2,159,842 | €2,592,765 | +€432,923 | +20.0% |
| Taxes | 450/3 | €286,743 | €678,354 | +€391,611 | +137% |
| Remuneration and social security | 454/9 | €1,873,099 | €1,914,411 | +€41,312 | +2.2% |
| Other amounts payable | 47/48 | €17,936,047 | €13,128,027 | -€4.8m | -26.8% |
| Accrued charges and deferred income | 492/3 | €230,750 | €160,193 | -€70,557 | -30.6% |
| Operating income | 70/76A | €215,025,368 | €214,665,969 | -€359,399 | -0.2% |
| Turnover | 70 | €205,522,062 | €204,973,222 | -€548,840 | -0.3% |
| Other operating income | 74 | €9,469,206 | €9,258,611 | -€210,595 | -2.2% |
| Non-recurring operating income | 76A | €34,100 | €434,136 | +€400,036 | +1,173% |
| Operating charges | 60/66A | €213,186,583 | €212,090,279 | -€1.1m | -0.5% |
| Goods for resale, raw materials and consumables | 60 | €193,615,699 | €193,182,934 | -€432,765 | -0.2% |
| Purchases | 600/8 | €193,880,734 | €188,842,409 | -€5.0m | -2.6% |
| Change in stocks: decrease (increase) | 609 | -€265,035 | €4,340,525 | +€4.6m | |
| Services and other goods | 61 | €6,452,885 | €6,029,771 | -€423,114 | -6.6% |
| Remuneration, social security and pensions | 62 | €10,240,410 | €10,563,003 | +€322,593 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,270,283 | €1,376,391 | +€106,108 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €545,863 | -€523,556 | -€1.1m | |
| Other operating charges | 640/8 | €1,004,552 | €1,428,011 | +€423,459 | +42.2% |
| Non-recurring operating charges | 66A | €56,891 | €33,725 | -€23,166 | -40.7% |
| Operating profit (loss) | 9901 | €1,838,785 | €2,575,690 | +€736,905 | +40.1% |
| Financial income | 75/76B | €820,199 | €450,711 | -€369,488 | -45.0% |
| Recurring financial income | 75 | €820,199 | €450,711 | -€369,488 | -45.0% |
| Income from financial fixed assets | 750 | €9,365 | €3,167 | -€6,198 | -66.2% |
| Income from current assets | 751 | €1,091 | €1,095 | +€4 | +0.4% |
| Other financial income | 752/9 | €809,743 | €446,449 | -€363,294 | -44.9% |
| Financial charges | 65/66B | €693,196 | €829,941 | +€136,745 | +19.7% |
| Recurring financial charges | 65 | €693,196 | €829,941 | +€136,745 | +19.7% |
| Debt charges | 650 | €635,771 | €749,594 | +€113,823 | +17.9% |
| Other financial charges | 652/9 | €57,425 | €80,347 | +€22,922 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | €1,965,788 | €2,196,460 | +€230,672 | +11.7% |
| Income taxes | 67/77 | €419,988 | €485,216 | +€65,228 | +15.5% |
| Taxes | 670/3 | €419,988 | €485,216 | +€65,228 | +15.5% |
| Profit (loss) for the period | 9904 | €1,545,800 | €1,711,244 | +€165,444 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,545,800 | €1,711,244 | +€165,444 | +10.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.