LAMBRECHTS CHRIS: 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 CHRIS
Largest movements
- Tangible fixed assets -€35,289
down €35,289 (-7.4%), from €477,162 to €441,873
of which Furniture and vehicles: -€30,595
- Cash +€32,802
new in 2025: €32,802
mainly Depreciation (+€47,020) and Net result for the year (+€26,586)
- Receivables within one year -€19,429
down €19,429 (-25.7%), from €75,709 to €56,280
of which Trade receivables: -€19,668
- Debts after one year -€27,935
down €27,935 (-12.2%), from €229,572 to €201,637
- Reserves +€26,586
up €26,586 (+26.9%), from €98,815 to €125,401
- Other debts -€12,995
down €12,995 (-9.6%), from €134,795 to €121,801
- Accrued charges and deferred income -€11,569
no longer reported in 2025 (was €11,569)
- Gross operating margin +€13,320
up €13,320 (+16.7%), from €79,972 to €93,292
- Taxes +€4,932
up €4,932 (+69.2%), from €7,130 to €12,062
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €552,871 | €533,813 | -€19,058 | -3.4% |
| Fixed assets | 21/28 | €477,162 | €441,873 | -€35,289 | -7.4% |
| Tangible fixed assets | 22/27 | €477,162 | €441,873 | -€35,289 | -7.4% |
| Land and buildings | 22 | €413,051 | €406,529 | -€6,522 | -1.6% |
| Plant, machinery and equipment | 23 | €1,448 | €3,275 | +€1,828 | +126% |
| Furniture and vehicles | 24 | €62,663 | €32,068 | -€30,595 | -48.8% |
| Current assets | 29/58 | €75,709 | €91,940 | +€16,231 | +21.4% |
| Amounts receivable within one year | 40/41 | €75,709 | €56,280 | -€19,429 | -25.7% |
| Trade receivables | 40 | €69,506 | €49,837 | -€19,668 | -28.3% |
| Other amounts receivable | 41 | €6,203 | €6,443 | +€239 | +3.9% |
| Cash at bank and in hand | 54/58 | - | €32,802 | +€32,802 | |
| Deferred charges and accrued income | 490/1 | - | €2,857 | +€2,857 | |
| Total equity and liabilities | 10/49 | €552,871 | €533,813 | -€19,058 | -3.4% |
| Equity | 10/15 | €128,815 | €155,401 | +€26,586 | +20.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €98,815 | €125,401 | +€26,586 | +26.9% |
| Distributable reserves | 133 | €98,815 | €125,401 | +€26,586 | +26.9% |
| Amounts payable | 17/49 | €424,056 | €378,412 | -€45,644 | -10.8% |
| Amounts payable after more than one year | 17 | €229,572 | €201,637 | -€27,935 | -12.2% |
| Financial debts | 170/4 | €229,572 | €201,637 | -€27,935 | -12.2% |
| Amounts payable within one year | 42/48 | €182,914 | €176,774 | -€6,140 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €29,144 | €29,414 | +€270 | +0.9% |
| Financial debts | 43 | €1,562 | - | -€1,562 | |
| Credit institutions | 430/8 | €1,562 | - | -€1,562 | |
| Trade debts | 44 | €971 | €6,368 | +€5,398 | +556% |
| Suppliers | 440/4 | €971 | €6,368 | +€5,398 | +556% |
| Taxes, remuneration and social security | 45 | €16,442 | €19,191 | +€2,750 | +16.7% |
| Taxes | 450/3 | €16,442 | €19,191 | +€2,750 | +16.7% |
| Other amounts payable | 47/48 | €134,795 | €121,801 | -€12,995 | -9.6% |
| Accrued charges and deferred income | 492/3 | €11,569 | - | -€11,569 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,674 | €47,020 | +€346 | +0.7% |
| Other operating charges | 640/8 | €2,351 | €2,196 | -€155 | -6.6% |
| Gross operating margin | 9900 | €79,972 | €93,292 | +€13,320 | +16.7% |
| Operating profit (loss) | 9901 | €30,947 | €44,076 | +€13,129 | +42.4% |
| Financial income | 75/76B | €10 | €18 | +€9 | +89.5% |
| Recurring financial income | 75 | €10 | €18 | +€9 | +89.5% |
| Financial charges | 65/66B | €6,269 | €5,447 | -€823 | -13.1% |
| Recurring financial charges | 65 | €6,269 | €5,447 | -€823 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €24,687 | €38,647 | +€13,960 | +56.5% |
| Income taxes | 67/77 | €7,130 | €12,062 | +€4,932 | +69.2% |
| Profit (loss) for the period | 9904 | €17,557 | €26,586 | +€9,029 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,557 | €26,586 | +€9,029 | +51.4% |
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 17 October 2026 via checked.be.