VAN DE WALLE - LAMBERT: what changed
VAN DE WALLE - LAMBERT
Largest movements
- Tangible fixed assets +€29,804
up €29,804 (+7.9%), from €375,315 to €405,119
of which Plant, machinery and equipment: +€111,252
- Stocks and contracts -€28,839
down €28,839 (-6.9%), from €415,000 to €386,161
- Receivables within one year +€25,472
up €25,472 (+37.0%), from €68,829 to €94,301
of which Other amounts receivable: +€25,692
- Cash +€19,256
up €19,256 (+12.8%), from €150,349 to €169,605
mainly Depreciation (+€113,270) and Stocks and contracts (+€28,839)
- Reserves +€26,772
up €26,772 (+4.5%), from €592,704 to €619,476
of which Distributable reserves: +€26,772
- Tax, wage and social debts -€26,460
down €26,460 (-48.6%), from €54,435 to €27,975
of which Taxes: -€27,973
- Current portion of long-term debt +€20,308
up €20,308 (+23.9%), from €84,866 to €105,174
- Trade debts +€13,081
up €13,081 (+32.4%), from €40,349 to €53,430
- Debts after one year +€11,992
up €11,992 (+6.9%), from €174,687 to €186,679
- Gross operating margin +€22,078
up €22,078 (+6.7%), from €330,216 to €352,294
- Depreciation +€9,069
up €9,069 (+8.7%), from €104,201 to €113,270
- Other operating charges +€3,843
up €3,843 (+958%), from €401 to €4,244
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,009,493 | €1,055,186 | +€45,693 | +4.5% |
| Fixed assets | 21/28 | €375,315 | €405,119 | +€29,804 | +7.9% |
| Tangible fixed assets | 22/27 | €375,315 | €405,119 | +€29,804 | +7.9% |
| Land and buildings | 22 | €232,972 | €182,473 | -€50,499 | -21.7% |
| Plant, machinery and equipment | 23 | €13,765 | €125,017 | +€111,252 | +808% |
| Furniture and vehicles | 24 | €128,578 | €97,629 | -€30,949 | -24.1% |
| Current assets | 29/58 | €634,178 | €650,067 | +€15,889 | +2.5% |
| Stocks and contracts in progress | 3 | €415,000 | €386,161 | -€28,839 | -6.9% |
| Stocks | 30/36 | €415,000 | €386,161 | -€28,839 | -6.9% |
| Amounts receivable within one year | 40/41 | €68,829 | €94,301 | +€25,472 | +37.0% |
| Trade receivables | 40 | €18,153 | €17,933 | -€220 | -1.2% |
| Other amounts receivable | 41 | €50,676 | €76,368 | +€25,692 | +50.7% |
| Cash at bank and in hand | 54/58 | €150,349 | €169,605 | +€19,256 | +12.8% |
| Total equity and liabilities | 10/49 | €1,009,493 | €1,055,186 | +€45,693 | +4.5% |
| Equity | 10/15 | €655,156 | €681,928 | +€26,772 | +4.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €592,704 | €619,476 | +€26,772 | +4.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €590,845 | €617,617 | +€26,772 | +4.5% |
| Profit (loss) carried forward | 14 | €43,860 | €43,860 | = | 0.0% |
| Amounts payable | 17/49 | €354,337 | €373,258 | +€18,921 | +5.3% |
| Amounts payable after more than one year | 17 | €174,687 | €186,679 | +€11,992 | +6.9% |
| Financial debts | 170/4 | €174,687 | €186,679 | +€11,992 | +6.9% |
| Amounts payable within one year | 42/48 | €179,650 | €186,579 | +€6,929 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €84,866 | €105,174 | +€20,308 | +23.9% |
| Trade debts | 44 | €40,349 | €53,430 | +€13,081 | +32.4% |
| Suppliers | 440/4 | €40,349 | €53,430 | +€13,081 | +32.4% |
| Taxes, remuneration and social security | 45 | €54,435 | €27,975 | -€26,460 | -48.6% |
| Taxes | 450/3 | €28,538 | €565 | -€27,973 | -98.0% |
| Remuneration and social security | 454/9 | €25,897 | €27,410 | +€1,513 | +5.8% |
| Non-recurring operating income | 76A | €1,518 | €2,793 | +€1,275 | +84.0% |
| Remuneration, social security and pensions | 62 | €189,142 | €189,290 | +€148 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,201 | €113,270 | +€9,069 | +8.7% |
| Other operating charges | 640/8 | €401 | €4,244 | +€3,843 | +958% |
| Gross operating margin | 9900 | €330,216 | €352,294 | +€22,078 | +6.7% |
| Operating profit (loss) | 9901 | €36,472 | €45,490 | +€9,018 | +24.7% |
| Financial income | 75/76B | €542 | €186 | -€356 | -65.7% |
| Recurring financial income | 75 | €542 | €186 | -€356 | -65.7% |
| Financial charges | 65/66B | €7,202 | €10,223 | +€3,021 | +41.9% |
| Recurring financial charges | 65 | €7,202 | €10,223 | +€3,021 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €29,812 | €35,453 | +€5,641 | +18.9% |
| Income taxes | 67/77 | €11,558 | €8,681 | -€2,877 | -24.9% |
| Profit (loss) for the period | 9904 | €18,254 | €26,772 | +€8,518 | +46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,254 | €26,772 | +€8,518 | +46.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.