LOMBAERT: 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.
LOMBAERT
Largest movements
- Current investments +€225,878
new in 2025: €225,878
- Cash -€175,705
down €175,705 (-40.8%), from €430,308 to €254,603
mainly Current investments (-€225,878) and Investment in fixed assets (net) (-€53,667)
- Stocks and contracts -€15,781
down €15,781 (-14.7%), from €107,686 to €91,906
- Reserves +€72,570
up €72,570 (+16.2%), from €449,317 to €521,887
of which Distributable reserves: +€72,570
- Trade debts -€25,254
down €25,254 (-45.1%), from €55,966 to €30,713
- Debts after one year -€21,180
down €21,180 (-87.2%), from €24,287 to €3,107
- Tax, wage and social debts +€11,168
up €11,168 (+116%), from €9,630 to €20,799
- Gross operating margin +€3,790
up €3,790 (+2.6%), from €145,405 to €149,196
- Depreciation +€2,878
up €2,878 (+6.3%), from €45,912 to €48,790
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 | €793,988 | €831,539 | +€37,551 | +4.7% |
| Fixed assets | 21/28 | €90,200 | €95,077 | +€4,877 | +5.4% |
| Tangible fixed assets | 22/27 | €90,050 | €94,927 | +€4,877 | +5.4% |
| Land and buildings | 22 | €39,079 | €34,667 | -€4,412 | -11.3% |
| Plant, machinery and equipment | 23 | €318 | €0 | -€318 | -100% |
| Furniture and vehicles | 24 | €50,653 | €60,260 | +€9,607 | +19.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €703,788 | €736,463 | +€32,675 | +4.6% |
| Stocks and contracts in progress | 3 | €107,686 | €91,906 | -€15,781 | -14.7% |
| Stocks | 30/36 | €107,686 | €91,906 | -€15,781 | -14.7% |
| Amounts receivable within one year | 40/41 | €157,140 | €159,368 | +€2,228 | +1.4% |
| Trade receivables | 40 | €151,341 | €159,368 | +€8,027 | +5.3% |
| Other amounts receivable | 41 | €5,800 | €0 | -€5,799 | -100.0% |
| Current investments | 50/53 | - | €225,878 | +€225,878 | |
| Cash at bank and in hand | 54/58 | €430,308 | €254,603 | -€175,705 | -40.8% |
| Deferred charges and accrued income | 490/1 | €8,654 | €4,708 | -€3,945 | -45.6% |
| Total equity and liabilities | 10/49 | €793,988 | €831,539 | +€37,551 | +4.7% |
| Equity | 10/15 | €557,917 | €630,487 | +€72,570 | +13.0% |
| Contributions | 10/11 | €108,600 | €108,600 | = | 0.0% |
| Reserves | 13 | €449,317 | €521,887 | +€72,570 | +16.2% |
| Tax-exempt reserves | 132 | €496 | €496 | = | 0.0% |
| Distributable reserves | 133 | €448,821 | €521,391 | +€72,570 | +16.2% |
| Provisions and deferred taxes | 16 | €108,699 | €108,699 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €108,699 | €108,699 | = | 0.0% |
| Pensions and similar obligations | 160 | €108,699 | €108,699 | = | 0.0% |
| Amounts payable | 17/49 | €127,373 | €92,354 | -€35,019 | -27.5% |
| Amounts payable after more than one year | 17 | €24,287 | €3,107 | -€21,180 | -87.2% |
| Financial debts | 170/4 | €24,287 | €3,107 | -€21,180 | -87.2% |
| Amounts payable within one year | 42/48 | €103,085 | €88,347 | -€14,738 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €23,332 | €21,180 | -€2,151 | -9.2% |
| Trade debts | 44 | €55,966 | €30,713 | -€25,254 | -45.1% |
| Suppliers | 440/4 | €55,966 | €30,713 | -€25,254 | -45.1% |
| Advances received on contracts in progress | 46 | €1,412 | €0 | -€1,412 | -100% |
| Taxes, remuneration and social security | 45 | €9,630 | €20,799 | +€11,168 | +116% |
| Taxes | 450/3 | €9,630 | €20,799 | +€11,168 | +116% |
| Other amounts payable | 47/48 | €12,746 | €15,656 | +€2,910 | +22.8% |
| Accrued charges and deferred income | 492/3 | - | €899 | +€899 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,912 | €48,790 | +€2,878 | +6.3% |
| Other operating charges | 640/8 | €3,613 | €3,445 | -€169 | -4.7% |
| Gross operating margin | 9900 | €145,405 | €149,196 | +€3,790 | +2.6% |
| Operating profit (loss) | 9901 | €95,880 | €96,961 | +€1,081 | +1.1% |
| Financial income | 75/76B | €5,510 | €6,520 | +€1,010 | +18.3% |
| Recurring financial income | 75 | €5,510 | €6,520 | +€1,010 | +18.3% |
| Financial charges | 65/66B | €2,105 | €1,789 | -€316 | -15.0% |
| Recurring financial charges | 65 | €2,105 | €1,789 | -€316 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €99,285 | €101,692 | +€2,408 | +2.4% |
| Income taxes | 67/77 | €28,626 | €29,122 | +€496 | +1.7% |
| Profit (loss) for the period | 9904 | €70,659 | €72,570 | +€1,911 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €70,659 | €72,570 | +€1,911 | +2.7% |
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.