P.E. VAN LEMBERGEN: what changed
Two fiscal 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.
P.E. VAN LEMBERGEN
Largest movements
- Tangible fixed assets -€22,305
down €22,305 (-6.3%), from €352,170 to €329,865
- Cash -€7,322
down €7,322 (-8.0%), from €91,081 to €83,759
mainly Other debts (-€53,562) and Trade debts (-€2,534)
- Other debts -€53,562
down €53,562 (-55.9%), from €95,827 to €42,265
- Reserves +€21,021
up €21,021 (+6.9%), from €305,254 to €326,275
of which Distributable reserves: +€37,230
- Gross operating margin +€3,877
up €3,877 (+6.4%), from €60,432 to €64,309
- Depreciation -€3,548
down €3,548 (-13.7%), from €25,852 to €22,305
- Taxes +€2,420
up €2,420 (+21.7%), from €11,160 to €13,580
- Other operating charges -€750
down €750 (-8.2%), from €9,111 to €8,361
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 | €446,900 | €414,850 | -€32,050 | -7.2% |
| Fixed assets | 21/28 | €352,170 | €329,865 | -€22,305 | -6.3% |
| Tangible fixed assets | 22/27 | €352,170 | €329,865 | -€22,305 | -6.3% |
| Land and buildings | 22 | €352,170 | €329,865 | -€22,305 | -6.3% |
| Current assets | 29/58 | €94,730 | €84,985 | -€9,745 | -10.3% |
| Amounts receivable within one year | 40/41 | €3,650 | - | -€3,650 | |
| Trade receivables | 40 | €3,650 | - | -€3,650 | |
| Cash at bank and in hand | 54/58 | €91,081 | €83,759 | -€7,322 | -8.0% |
| Deferred charges and accrued income | 490/1 | - | €1,226 | +€1,226 | |
| Total equity and liabilities | 10/49 | €446,900 | €414,850 | -€32,050 | -7.2% |
| Equity | 10/15 | €323,804 | €344,825 | +€21,021 | +6.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €305,254 | €326,275 | +€21,021 | +6.9% |
| Tax-exempt reserves | 132 | €89,110 | €72,901 | -€16,209 | -18.2% |
| Distributable reserves | 133 | €216,145 | €253,375 | +€37,230 | +17.2% |
| Provisions and deferred taxes | 16 | €21,121 | €20,009 | -€1,112 | -5.3% |
| Deferred taxes | 168 | €21,121 | €20,009 | -€1,112 | -5.3% |
| Amounts payable | 17/49 | €101,975 | €50,016 | -€51,959 | -51.0% |
| Amounts payable within one year | 42/48 | €99,946 | €47,930 | -€52,016 | -52.0% |
| Trade debts | 44 | €2,534 | - | -€2,534 | |
| Suppliers | 440/4 | €2,534 | - | -€2,534 | |
| Taxes, remuneration and social security | 45 | €1,585 | €5,665 | +€4,080 | +257.4% |
| Taxes | 450/3 | €1,585 | €5,665 | +€4,080 | +257.4% |
| Other amounts payable | 47/48 | €95,827 | €42,265 | -€53,562 | -55.9% |
| Accrued charges and deferred income | 492/3 | €2,029 | €2,086 | +€57 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,852 | €22,305 | -€3,548 | -13.7% |
| Other operating charges | 640/8 | €9,111 | €8,361 | -€750 | -8.2% |
| Gross operating margin | 9900 | €60,432 | €64,309 | +€3,877 | +6.4% |
| Operating profit (loss) | 9901 | €25,469 | €33,643 | +€8,174 | +32.1% |
| Financial charges | 65/66B | €45 | €154 | +€109 | +242.4% |
| Recurring financial charges | 65 | €45 | €154 | +€109 | +242.4% |
| Profit (loss) for the period before taxes | 9903 | €25,424 | €33,489 | +€8,065 | +31.7% |
| Transfer from deferred taxes | 780 | €1,112 | €1,112 | = | 0.0% |
| Income taxes | 67/77 | €11,160 | €13,580 | +€2,420 | +21.7% |
| Profit (loss) for the period | 9904 | €15,375 | €21,021 | +€5,646 | +36.7% |
| Transfer from tax-exempt reserves | 789 | €16,209 | €16,209 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,584 | €37,230 | +€5,646 | +17.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.