LAMBRECHTS C.: 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.
LAMBRECHTS C.
Largest movements
- Tangible fixed assets +€117,092
up €117,092 (+35.2%), from €332,603 to €449,695
of which Furniture and vehicles: +€162,855
- Receivables within one year +€104,186
up €104,186 (+23.4%), from €445,992 to €550,178
of which Trade receivables: +€99,980
- Stocks and contracts +€14,356
up €14,356 (+12.6%), from €113,939 to €128,295
- Trade debts +€158,665
up €158,665 (+52.5%), from €302,120 to €460,785
- Debts after one year +€84,255
up €84,255 (+69.2%), from €121,715 to €205,970
- Reserves -€41,865
down €41,865 (-10.3%), from €405,225 to €363,360
of which Distributable reserves: -€41,865
- Other debts +€29,890
new in 2025: €29,890
- Current portion of long-term debt +€26,580
up €26,580 (+32.0%), from €83,097 to €109,678
- Gross operating margin +€37,282
up €37,282 (+8.5%), from €437,581 to €474,863
- Staff costs +€28,236
up €28,236 (+11.6%), from €244,058 to €272,294
- Depreciation +€24,690
up €24,690 (+27.9%), from €88,460 to €113,149
- Other operating charges +€6,475
up €6,475 (+58.9%), from €10,994 to €17,468
- Taxes -€5,192
down €5,192 (-16.9%), from €30,699 to €25,507
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 | €968,152 | €1,211,550 | +€243,398 | +25.1% |
| Fixed assets | 21/28 | €332,603 | €449,695 | +€117,092 | +35.2% |
| Tangible fixed assets | 22/27 | €332,603 | €449,695 | +€117,092 | +35.2% |
| Land and buildings | 22 | €35,406 | €21,204 | -€14,202 | -40.1% |
| Plant, machinery and equipment | 23 | €44,353 | €51,969 | +€7,616 | +17.2% |
| Furniture and vehicles | 24 | €194,799 | €357,654 | +€162,855 | +83.6% |
| Leasing and similar rights | 25 | €58,045 | €18,868 | -€39,177 | -67.5% |
| Current assets | 29/58 | €635,549 | €761,855 | +€126,306 | +19.9% |
| Stocks and contracts in progress | 3 | €113,939 | €128,295 | +€14,356 | +12.6% |
| Stocks | 30/36 | €113,939 | €128,295 | +€14,356 | +12.6% |
| Amounts receivable within one year | 40/41 | €445,992 | €550,178 | +€104,186 | +23.4% |
| Trade receivables | 40 | €437,828 | €537,808 | +€99,980 | +22.8% |
| Other amounts receivable | 41 | €8,163 | €12,370 | +€4,206 | +51.5% |
| Cash at bank and in hand | 54/58 | €75,619 | €76,353 | +€735 | +1.0% |
| Deferred charges and accrued income | 490/1 | €0 | €7,029 | +€7,029 | |
| Total equity and liabilities | 10/49 | €968,152 | €1,211,550 | +€243,398 | +25.1% |
| Equity | 10/15 | €417,625 | €375,760 | -€41,865 | -10.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €405,225 | €363,360 | -€41,865 | -10.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €405,225 | €363,360 | -€41,865 | -10.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €550,527 | €835,790 | +€285,263 | +51.8% |
| Amounts payable after more than one year | 17 | €121,715 | €205,970 | +€84,255 | +69.2% |
| Financial debts | 170/4 | €121,715 | €205,970 | +€84,255 | +69.2% |
| Amounts payable within one year | 42/48 | €428,812 | €629,821 | +€201,008 | +46.9% |
| Current portion of amounts payable after more than one year | 42 | €83,097 | €109,678 | +€26,580 | +32.0% |
| Trade debts | 44 | €302,120 | €460,785 | +€158,665 | +52.5% |
| Suppliers | 440/4 | €302,120 | €460,785 | +€158,665 | +52.5% |
| Advances received on contracts in progress | 46 | €2,186 | €421 | -€1,765 | -80.7% |
| Taxes, remuneration and social security | 45 | €41,409 | €29,047 | -€12,362 | -29.9% |
| Taxes | 450/3 | €17,739 | €3,479 | -€14,261 | -80.4% |
| Remuneration and social security | 454/9 | €23,669 | €25,568 | +€1,899 | +8.0% |
| Other amounts payable | 47/48 | - | €29,890 | +€29,890 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €244,058 | €272,294 | +€28,236 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,460 | €113,149 | +€24,690 | +27.9% |
| Other operating charges | 640/8 | €10,994 | €17,468 | +€6,475 | +58.9% |
| Non-recurring operating charges | 66A | €9,639 | €0 | -€9,639 | -100.0% |
| Gross operating margin | 9900 | €437,581 | €474,863 | +€37,282 | +8.5% |
| Operating profit (loss) | 9901 | €84,430 | €71,951 | -€12,480 | -14.8% |
| Financial income | 75/76B | €114 | €23 | -€91 | -79.9% |
| Recurring financial income | 75 | €114 | €23 | -€91 | -79.9% |
| Financial charges | 65/66B | €8,647 | €9,407 | +€760 | +8.8% |
| Recurring financial charges | 65 | €8,647 | €9,407 | +€760 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €75,897 | €62,566 | -€13,331 | -17.6% |
| Income taxes | 67/77 | €30,699 | €25,507 | -€5,192 | -16.9% |
| Profit (loss) for the period | 9904 | €45,198 | €37,059 | -€8,138 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,198 | €37,059 | -€8,138 | -18.0% |
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 8 October 2026 via checked.be.