LAMBRECHTS IMMOVER: 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 IMMOVER
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€53,968
2024 · €76,690-€22,723
Equity
€1.2m
2024 · €1.1m+€53,968
Cash
€539,302
2024 · €414,536+€124,766
Balance sheet total
€1.7m
2024 · €1.6m+€30,654
Largest movements
Assets
- Cash +€124,766
up €124,766 (+30.1%), from €414,536 to €539,302
mainly Depreciation (+€90,197) and Net result for the year (+€53,968)
- Tangible fixed assets -€99,853
down €99,853 (-8.3%), from €1.2m to €1.1m
Equity and liabilities
- Profit (loss) carried forward +€64,450
up €64,450 (+16.2%), from €396,844 to €461,294
Income statement
- Gross operating margin -€28,656
down €28,656 (-10.7%), from €266,804 to €238,148
- Depreciation +€5,823
up €5,823 (+6.9%), from €84,374 to €90,197
- Financial charges -€3,181
down €3,181 (-12.9%), from €24,711 to €21,530
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
€76,690
Gross operating margin
-€28,656
Staff costs
-€2,325
Depreciation
-€5,823
Other operating charges
+€665
Financial income
+€29
Financial charges
+€3,181
Taxes
-€790
Deferred taxes and other
+€10,997
Result 2025
€53,968
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
+€129,074
Investment
+€9,656
Financing
-€13,964
Cash 2024
€414,536
From operations (derived)
+€129,074
Net result for the year
+€53,968
Depreciation
+€90,197
Receivables within one year
-€7,218
Deferred charges and accrued income
+€1,477
Provisions
-€4,493
Trade debts
-€4,632
Tax, wage and social debts
+€2,635
Other debts
-€2,003
Accrued charges and deferred income
-€857
Investment (derived)
+€9,656
Investment in fixed assets (net)
+€9,656
Financing
-€13,964
Debts after one year
-€14,186
Current portion of long-term debt
+€222
Cash 2025
€539,302
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,628,099 | €1,658,753 | +€30,654 | +1.9% |
| Fixed assets | 21/28 | €1,196,808 | €1,096,955 | -€99,853 | -8.3% |
| Tangible fixed assets | 22/27 | €1,196,808 | €1,096,955 | -€99,853 | -8.3% |
| Land and buildings | 22 | €974,532 | €934,814 | -€39,718 | -4.1% |
| Plant, machinery and equipment | 23 | €105,909 | €91,851 | -€14,057 | -13.3% |
| Furniture and vehicles | 24 | €116,367 | €70,289 | -€46,077 | -39.6% |
| Current assets | 29/58 | €431,291 | €561,798 | +€130,507 | +30.3% |
| Amounts receivable within one year | 40/41 | €14,342 | €21,560 | +€7,218 | +50.3% |
| Trade receivables | 40 | €4,678 | €8,083 | +€3,405 | +72.8% |
| Other amounts receivable | 41 | €9,664 | €13,477 | +€3,813 | +39.5% |
| Cash at bank and in hand | 54/58 | €414,536 | €539,302 | +€124,766 | +30.1% |
| Deferred charges and accrued income | 490/1 | €2,413 | €936 | -€1,477 | -61.2% |
| Total equity and liabilities | 10/49 | €1,628,099 | €1,658,753 | +€30,654 | +1.9% |
| Equity | 10/15 | €1,119,294 | €1,173,261 | +€53,968 | +4.8% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Revaluation surpluses | 12 | €218,300 | €218,300 | = | 0.0% |
| Reserves | 13 | €411,150 | €400,667 | -€10,483 | -2.5% |
| Tax-exempt reserves | 132 | €333,558 | €323,075 | -€10,483 | -3.1% |
| Distributable reserves | 133 | €77,592 | €77,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €396,844 | €461,294 | +€64,450 | +16.2% |
| Provisions and deferred taxes | 16 | €154,484 | €149,991 | -€4,493 | -2.9% |
| Deferred taxes | 168 | €154,484 | €149,991 | -€4,493 | -2.9% |
| Amounts payable | 17/49 | €354,321 | €335,500 | -€18,821 | -5.3% |
| Amounts payable after more than one year | 17 | €305,983 | €291,797 | -€14,186 | -4.6% |
| Financial debts | 170/4 | €39,829 | €26,779 | -€13,049 | -32.8% |
| Other amounts payable | 178/9 | €266,154 | €265,017 | -€1,136 | -0.4% |
| Amounts payable within one year | 42/48 | €47,482 | €43,703 | -€3,779 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €12,828 | €13,049 | +€222 | +1.7% |
| Trade debts | 44 | €5,796 | €1,163 | -€4,632 | -79.9% |
| Suppliers | 440/4 | €5,796 | €1,163 | -€4,632 | -79.9% |
| Taxes, remuneration and social security | 45 | €10,709 | €13,344 | +€2,635 | +24.6% |
| Taxes | 450/3 | €6,457 | €8,700 | +€2,243 | +34.7% |
| Remuneration and social security | 454/9 | €4,252 | €4,644 | +€392 | +9.2% |
| Other amounts payable | 47/48 | €18,149 | €16,147 | -€2,003 | -11.0% |
| Accrued charges and deferred income | 492/3 | €857 | - | -€857 | |
| Non-recurring operating income | 76A | €36,655 | €1,423 | -€35,232 | -96.1% |
| Remuneration, social security and pensions | 62 | €37,341 | €39,666 | +€2,325 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,374 | €90,197 | +€5,823 | +6.9% |
| Other operating charges | 640/8 | €12,845 | €12,180 | -€665 | -5.2% |
| Gross operating margin | 9900 | €266,804 | €238,148 | -€28,656 | -10.7% |
| Operating profit (loss) | 9901 | €132,245 | €96,105 | -€36,139 | -27.3% |
| Financial income | 75/76B | €97 | €126 | +€29 | +29.8% |
| Recurring financial income | 75 | €97 | €126 | +€29 | +29.8% |
| Non-recurring financial income | 76B | €97 | - | -€97 | |
| Financial charges | 65/66B | €24,711 | €21,530 | -€3,181 | -12.9% |
| Recurring financial charges | 65 | €24,711 | €21,530 | -€3,181 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €107,631 | €74,702 | -€32,929 | -30.6% |
| Transfer from deferred taxes | 780 | €4,493 | €4,493 | = | 0.0% |
| Transfer to deferred taxes | 680 | €10,997 | - | -€10,997 | |
| Income taxes | 67/77 | €24,436 | €25,227 | +€790 | +3.2% |
| Profit (loss) for the period | 9904 | €76,690 | €53,968 | -€22,723 | -29.6% |
| Transfer from tax-exempt reserves | 789 | €10,483 | €10,483 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €25,659 | - | -€25,659 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,514 | €64,450 | +€2,936 | +4.8% |
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 21 October 2026 via checked.be.