LAMBROCO: 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.
LAMBROCO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€51,681
up €51,681 (+19.0%), from €272,631 to €324,312
- Reserves -€51,114
down €51,114 (-9.8%), from €519,103 to €467,989
of which Distributable reserves: -€51,114
- Debts after one year -€22,700
down €22,700 (-9.4%), from €241,799 to €219,099
- Gross operating margin +€21,277
up €21,277 (+11.6%), from €184,028 to €205,305
- Depreciation +€5,542
up €5,542 (+9.3%), from €59,507 to €65,048
- Taxes +€4,919
up €4,919 (+17.4%), from €28,333 to €33,252
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 | €1,130,356 | €1,116,603 | -€13,753 | -1.2% |
| Fixed assets | 21/28 | €911,415 | €902,972 | -€8,443 | -0.9% |
| Tangible fixed assets | 22/27 | €911,415 | €902,972 | -€8,443 | -0.9% |
| Land and buildings | 22 | €911,415 | €902,972 | -€8,443 | -0.9% |
| Current assets | 29/58 | €218,941 | €213,631 | -€5,310 | -2.4% |
| Amounts receivable within one year | 40/41 | €7,500 | €11,036 | +€3,536 | +47.1% |
| Trade receivables | 40 | €7,500 | €11,036 | +€3,536 | +47.1% |
| Current investments | 50/53 | €55,160 | €55,160 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €152,440 | €145,383 | -€7,057 | -4.6% |
| Deferred charges and accrued income | 490/1 | €3,841 | €2,052 | -€1,789 | -46.6% |
| Total equity and liabilities | 10/49 | €1,130,356 | €1,116,603 | -€13,753 | -1.2% |
| Equity | 10/15 | €572,194 | €518,371 | -€53,823 | -9.4% |
| Contributions | 10/11 | €18,840 | €18,840 | = | 0.0% |
| Revaluation surpluses | 12 | €25,202 | €22,493 | -€2,709 | -10.7% |
| Reserves | 13 | €519,103 | €467,989 | -€51,114 | -9.8% |
| Tax-exempt reserves | 132 | €1,892 | €1,892 | = | 0.0% |
| Distributable reserves | 133 | €517,211 | €466,097 | -€51,114 | -9.9% |
| Profit (loss) carried forward | 14 | €9,049 | €9,049 | = | 0.0% |
| Amounts payable | 17/49 | €558,162 | €598,232 | +€40,070 | +7.2% |
| Amounts payable after more than one year | 17 | €241,799 | €219,099 | -€22,700 | -9.4% |
| Financial debts | 170/4 | €241,799 | €219,099 | -€22,700 | -9.4% |
| Amounts payable within one year | 42/48 | €314,104 | €376,876 | +€62,772 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €27,344 | €27,966 | +€622 | +2.3% |
| Financial debts | 43 | €5,102 | €6,742 | +€1,640 | +32.1% |
| Other loans | 439 | €5,102 | €6,742 | +€1,640 | +32.1% |
| Trade debts | 44 | €152 | €252 | +€100 | +66.0% |
| Suppliers | 440/4 | €152 | €252 | +€100 | +66.0% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,875 | €17,604 | +€8,729 | +98.4% |
| Taxes | 450/3 | €8,875 | €17,604 | +€8,729 | +98.4% |
| Other amounts payable | 47/48 | €272,631 | €324,312 | +€51,681 | +19.0% |
| Accrued charges and deferred income | 492/3 | €2,259 | €2,257 | -€2 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,507 | €65,048 | +€5,542 | +9.3% |
| Other operating charges | 640/8 | €10,061 | €10,498 | +€438 | +4.3% |
| Non-recurring operating charges | 66A | - | €997 | +€997 | |
| Gross operating margin | 9900 | €184,028 | €205,305 | +€21,277 | +11.6% |
| Operating profit (loss) | 9901 | €114,461 | €128,762 | +€14,301 | +12.5% |
| Financial income | 75/76B | €973 | €963 | -€10 | -1.0% |
| Recurring financial income | 75 | €973 | €963 | -€10 | -1.0% |
| Financial charges | 65/66B | €29,028 | €27,154 | -€1,874 | -6.5% |
| Recurring financial charges | 65 | €29,028 | €27,154 | -€1,874 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €86,405 | €102,571 | +€16,166 | +18.7% |
| Income taxes | 67/77 | €28,333 | €33,252 | +€4,919 | +17.4% |
| Profit (loss) for the period | 9904 | €58,072 | €69,319 | +€11,247 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,072 | €69,319 | +€11,247 | +19.4% |
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 9 October 2026 via checked.be.