MDH LAMBIC: 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
MDH LAMBIC
NACE 11.040, Manufacture of beverages
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€70,957
2023 · -€156,964+€86,007
Equity
-€414,214
2023 · -€343,257-€70,957
Cash
€10,686
2023 · €4,104+€6,582
Balance sheet total
€585,356
2023 · €689,016-€103,660
Largest movements
Assets
- Tangible fixed assets -€101,810
down €101,810 (-16.9%), from €600,700 to €498,889
of which Land and buildings: -€86,049
- Deferred charges and accrued income -€9,424
no longer reported in 2024 (was €9,424)
Equity and liabilities
- Profit (loss) carried forward -€70,957
down €70,957 (-16.0%), from -€443,257 to -€514,214
- Debts after one year -€26,761
down €26,761 (-3.6%), from €733,311 to €706,550
- Tax, wage and social debts -€9,506
down €9,506 (-25.9%), from €36,672 to €27,165
of which Taxes: -€4,936
Income statement
- Financial charges -€79,887
down €79,887 (-71.0%), from €112,476 to €32,589
of which Non-recurring financial charges: -€99,118
- Staff costs -€17,142
down €17,142 (-9.2%), from €186,386 to €169,244
- Other operating charges +€11,317
up €11,317 (+270%), from €4,184 to €15,500
- Gross operating margin -€6,609
down €6,609 (-2.4%), from €277,960 to €271,351
From the 2023 result to the 2024 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 2023
-€156,964
Gross operating margin
-€6,609
Staff costs
+€17,142
Depreciation
-€473
Other operating charges
-€11,317
Other operating items
+€5,377
Financial income
+€2,000
Financial charges
+€79,887
Result 2024
-€70,957
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€56,668
Investment
-€24,344
Financing
-€25,743
Cash 2023
€4,104
From operations (derived)
+€56,668
Net result for the year
-€70,957
Depreciation
+€124,975
Stocks and contracts
-€1,108
Receivables within one year
+€1,295
Deferred charges and accrued income
+€9,424
Provisions
-€2,000
Trade debts
+€5,235
Tax, wage and social debts
-€9,506
Advances received
-€689
Investment (derived)
-€24,344
Investment in fixed assets (net)
-€24,344
Financing
-€25,743
Debts after one year
-€26,761
Current portion of long-term debt
+€1,019
Cash 2024
€10,686
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €689,016 | €585,356 | -€103,660 | -15.0% |
| Fixed assets | 21/28 | €619,700 | €519,069 | -€100,630 | -16.2% |
| Tangible fixed assets | 22/27 | €600,700 | €498,889 | -€101,810 | -16.9% |
| Land and buildings | 22 | €465,479 | €379,430 | -€86,049 | -18.5% |
| Plant, machinery and equipment | 23 | €74,122 | €70,257 | -€3,866 | -5.2% |
| Furniture and vehicles | 24 | €34,595 | €26,389 | -€8,206 | -23.7% |
| Other tangible fixed assets | 26 | €26,503 | €22,814 | -€3,689 | -13.9% |
| Financial fixed assets | 28 | €19,000 | €20,180 | +€1,180 | +6.2% |
| Current assets | 29/58 | €69,316 | €66,286 | -€3,030 | -4.4% |
| Stocks and contracts in progress | 3 | €25,535 | €26,643 | +€1,108 | +4.3% |
| Stocks | 30/36 | €25,535 | €26,643 | +€1,108 | +4.3% |
| Amounts receivable within one year | 40/41 | €30,253 | €28,958 | -€1,295 | -4.3% |
| Trade receivables | 40 | €30,253 | €28,615 | -€1,638 | -5.4% |
| Other amounts receivable | 41 | - | €343 | +€343 | |
| Cash at bank and in hand | 54/58 | €4,104 | €10,686 | +€6,582 | +160% |
| Deferred charges and accrued income | 490/1 | €9,424 | - | -€9,424 | |
| Total equity and liabilities | 10/49 | €689,016 | €585,356 | -€103,660 | -15.0% |
| Equity | 10/15 | -€343,257 | -€414,214 | -€70,957 | -20.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€443,257 | -€514,214 | -€70,957 | -16.0% |
| Provisions and deferred taxes | 16 | €68,400 | €66,400 | -€2,000 | -2.9% |
| Provisions for liabilities and charges | 160/5 | €68,400 | €66,400 | -€2,000 | -2.9% |
| Other liabilities and charges | 164/5 | €68,400 | €66,400 | -€2,000 | -2.9% |
| Amounts payable | 17/49 | €963,872 | €933,170 | -€30,703 | -3.2% |
| Amounts payable after more than one year | 17 | €733,311 | €706,550 | -€26,761 | -3.6% |
| Financial debts | 170/4 | €733,311 | €706,550 | -€26,761 | -3.6% |
| Amounts payable within one year | 42/48 | €230,561 | €226,620 | -€3,941 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €59,723 | €60,742 | +€1,019 | +1.7% |
| Trade debts | 44 | €115,139 | €120,374 | +€5,235 | +4.5% |
| Suppliers | 440/4 | €115,139 | €120,374 | +€5,235 | +4.5% |
| Advances received on contracts in progress | 46 | €19,028 | €18,339 | -€689 | -3.6% |
| Taxes, remuneration and social security | 45 | €36,672 | €27,165 | -€9,506 | -25.9% |
| Taxes | 450/3 | €16,300 | €11,364 | -€4,936 | -30.3% |
| Remuneration and social security | 454/9 | €20,372 | €15,801 | -€4,571 | -22.4% |
| Remuneration, social security and pensions | 62 | €186,386 | €169,244 | -€17,142 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,501 | €124,975 | +€473 | +0.4% |
| Other operating charges | 640/8 | €4,184 | €15,500 | +€11,317 | +270% |
| Non-recurring operating charges | 66A | €7,377 | €2,000 | -€5,377 | -72.9% |
| Gross operating margin | 9900 | €277,960 | €271,351 | -€6,609 | -2.4% |
| Operating profit (loss) | 9901 | -€44,489 | -€40,369 | +€4,120 | +9.3% |
| Financial income | 75/76B | - | €2,000 | +€2,000 | |
| Recurring financial income | 75 | - | €2,000 | +€2,000 | |
| Non-recurring financial income | 76B | - | €2,000 | +€2,000 | |
| Financial charges | 65/66B | €112,476 | €32,589 | -€79,887 | -71.0% |
| Recurring financial charges | 65 | €11,358 | €30,589 | +€19,230 | +169% |
| Non-recurring financial charges | 66B | €101,118 | €2,000 | -€99,118 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | -€156,964 | -€70,957 | +€86,007 | +54.8% |
| Profit (loss) for the period | 9904 | -€156,964 | -€70,957 | +€86,007 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€156,964 | -€70,957 | +€86,007 | +54.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.