STAL LAMBRECHT: 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.
STAL LAMBRECHT
Largest movements
- Tangible fixed assets +€546,920
up €546,920 (+37.8%), from €1.4m to €2.0m
of which Land and buildings: +€373,288
- Stocks and contracts +€498,533
up €498,533 (+81.5%), from €611,884 to €1.1m
- Cash -€222,090
down €222,090 (-52.5%), from €423,199 to €201,109
mainly Investment in fixed assets (net) (-€853,525) and Stocks and contracts (-€498,533)
- Receivables within one year +€122,513
up €122,513 (+23.4%), from €523,998 to €646,512
of which Trade receivables: +€118,260
- Current investments +€47,623
new in 2025: €47,623
- Advances received +€666,163
up €666,163, from €0 to €666,163
- Debts after one year +€294,049
up €294,049 (+27.3%), from €1.1m to €1.4m
- Other debts -€73,897
down €73,897 (-10.4%), from €709,137 to €635,240
- Reserves +€66,111
up €66,111 (+8.4%), from €784,758 to €850,868
of which Distributable reserves: +€66,111
- Trade debts -€48,061
down €48,061 (-38.9%), from €123,689 to €75,629
- Gross operating margin +€137,853
up €137,853 (+19.3%), from €715,237 to €853,091
- Financial charges +€50,582
up €50,582 (+154%), from €32,821 to €83,404
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 | €3,004,302 | €3,997,800 | +€993,499 | +33.1% |
| Fixed assets | 21/28 | €1,445,221 | €1,992,141 | +€546,920 | +37.8% |
| Tangible fixed assets | 22/27 | €1,445,221 | €1,992,141 | +€546,920 | +37.8% |
| Land and buildings | 22 | €857,272 | €1,230,560 | +€373,288 | +43.5% |
| Plant, machinery and equipment | 23 | €36,865 | €31,468 | -€5,397 | -14.6% |
| Furniture and vehicles | 24 | €551,084 | €730,112 | +€179,029 | +32.5% |
| Current assets | 29/58 | €1,559,081 | €2,005,660 | +€446,579 | +28.6% |
| Stocks and contracts in progress | 3 | €611,884 | €1,110,417 | +€498,533 | +81.5% |
| Stocks | 30/36 | €611,884 | €1,110,417 | +€498,533 | +81.5% |
| Amounts receivable within one year | 40/41 | €523,998 | €646,512 | +€122,513 | +23.4% |
| Trade receivables | 40 | €316,192 | €434,452 | +€118,260 | +37.4% |
| Other amounts receivable | 41 | €207,806 | €212,060 | +€4,253 | +2.0% |
| Current investments | 50/53 | - | €47,623 | +€47,623 | |
| Cash at bank and in hand | 54/58 | €423,199 | €201,109 | -€222,090 | -52.5% |
| Total equity and liabilities | 10/49 | €3,004,302 | €3,997,800 | +€993,499 | +33.1% |
| Equity | 10/15 | €815,960 | €882,070 | +€66,111 | +8.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €784,758 | €850,868 | +€66,111 | +8.4% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €0 | -€2,500 | -100% |
| Other | 1319 | - | €2,500 | +€2,500 | |
| Distributable reserves | 133 | €782,258 | €848,368 | +€66,111 | +8.5% |
| Profit (loss) carried forward | 14 | €6,202 | €6,202 | = | 0.0% |
| Amounts payable | 17/49 | €2,188,342 | €3,115,730 | +€927,388 | +42.4% |
| Amounts payable after more than one year | 17 | €1,077,028 | €1,371,076 | +€294,049 | +27.3% |
| Financial debts | 170/4 | €1,077,028 | €1,371,076 | +€294,049 | +27.3% |
| Amounts payable within one year | 42/48 | €1,107,603 | €1,736,396 | +€628,793 | +56.8% |
| Current portion of amounts payable after more than one year | 42 | €253,439 | €250,616 | -€2,823 | -1.1% |
| Financial debts | 43 | - | €46,054 | +€46,054 | |
| Credit institutions | 430/8 | - | €46,054 | +€46,054 | |
| Trade debts | 44 | €123,689 | €75,629 | -€48,061 | -38.9% |
| Suppliers | 440/4 | €123,689 | €75,629 | -€48,061 | -38.9% |
| Advances received on contracts in progress | 46 | €0 | €666,163 | +€666,163 | |
| Taxes, remuneration and social security | 45 | €21,337 | €62,693 | +€41,356 | +194% |
| Taxes | 450/3 | €2,095 | €35,170 | +€33,074 | +1,579% |
| Remuneration and social security | 454/9 | €19,242 | €27,524 | +€8,282 | +43.0% |
| Other amounts payable | 47/48 | €709,137 | €635,240 | -€73,897 | -10.4% |
| Accrued charges and deferred income | 492/3 | €3,712 | €8,258 | +€4,546 | +122% |
| Non-recurring operating income | 76A | - | €60 | +€60 | |
| Remuneration, social security and pensions | 62 | €204,678 | €210,805 | +€6,127 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306,439 | €306,606 | +€166 | +0.1% |
| Other operating charges | 640/8 | €10,934 | €16,981 | +€6,048 | +55.3% |
| Non-recurring operating charges | 66A | €16 | €0 | -€16 | -100% |
| Gross operating margin | 9900 | €715,237 | €853,091 | +€137,853 | +19.3% |
| Operating profit (loss) | 9901 | €193,170 | €318,699 | +€125,528 | +65.0% |
| Financial income | 75/76B | €614 | €976 | +€362 | +58.9% |
| Recurring financial income | 75 | €614 | €976 | +€362 | +58.9% |
| Financial charges | 65/66B | €32,821 | €83,404 | +€50,582 | +154% |
| Recurring financial charges | 65 | €32,821 | €83,404 | +€50,582 | +154% |
| Profit (loss) for the period before taxes | 9903 | €160,963 | €236,271 | +€75,307 | +46.8% |
| Income taxes | 67/77 | €49,406 | €55,160 | +€5,754 | +11.6% |
| Profit (loss) for the period | 9904 | €111,557 | €181,111 | +€69,554 | +62.3% |
| Profit (loss) for the period to be appropriated | 9905 | €111,557 | €181,111 | +€69,554 | +62.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.