VAN LEMBERGEN: 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.
VAN LEMBERGEN
Largest movements
- Tangible fixed assets -€25,402
down €25,402 (-17.5%), from €145,118 to €119,716
of which Furniture and vehicles: -€20,431
- Cash +€14,462
up €14,462 (+40.7%), from €35,546 to €50,008
mainly Depreciation (+€33,437) and Receivables within one year (+€3,558)
- Receivables within one year -€3,558
down €3,558 (-33.0%), from €10,790 to €7,233
of which Trade receivables: -€3,452
- Accrued charges and deferred income -€7,960
down €7,960 (-95.2%), from €8,360 to €400
- Profit (loss) carried forward -€4,701
down €4,701 (-7.3%), from -€64,169 to -€68,870
- Gross operating margin +€25,088
up €25,088 (+782%), from €3,207 to €28,296
- Financial charges -€7,959
down €7,959 (-98.9%), from €8,044 to €85
- Financial income +€1,328
up €1,328 (+259%), from €512 to €1,841
- Depreciation -€1,292
down €1,292 (-3.7%), from €34,729 to €33,437
- Other operating charges +€1,270
up €1,270 (+41.1%), from €3,088 to €4,358
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 | €295,046 | €280,408 | -€14,638 | -5.0% |
| Fixed assets | 21/28 | €145,118 | €119,716 | -€25,402 | -17.5% |
| Tangible fixed assets | 22/27 | €145,118 | €119,716 | -€25,402 | -17.5% |
| Land and buildings | 22 | €70,082 | €65,888 | -€4,194 | -6.0% |
| Plant, machinery and equipment | 23 | €8,998 | €8,221 | -€777 | -8.6% |
| Furniture and vehicles | 24 | €66,038 | €45,606 | -€20,431 | -30.9% |
| Current assets | 29/58 | €149,928 | €160,692 | +€10,764 | +7.2% |
| Amounts receivable within one year | 40/41 | €10,790 | €7,233 | -€3,558 | -33.0% |
| Trade receivables | 40 | €10,174 | €6,722 | -€3,452 | -33.9% |
| Other amounts receivable | 41 | €617 | €511 | -€106 | -17.1% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €35,546 | €50,008 | +€14,462 | +40.7% |
| Deferred charges and accrued income | 490/1 | €3,592 | €3,452 | -€140 | -3.9% |
| Total equity and liabilities | 10/49 | €295,046 | €280,408 | -€14,638 | -5.0% |
| Equity | 10/15 | €171,104 | €163,998 | -€7,105 | -4.2% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Capital | 10 | €225,000 | €225,000 | = | 0.0% |
| Issued capital | 100 | €225,000 | €225,000 | = | 0.0% |
| Reserves | 13 | €10,273 | €7,869 | -€2,404 | -23.4% |
| Tax-exempt reserves | 132 | €10,273 | €7,869 | -€2,404 | -23.4% |
| Profit (loss) carried forward | 14 | -€64,169 | -€68,870 | -€4,701 | -7.3% |
| Provisions and deferred taxes | 16 | €2,802 | €2,000 | -€801 | -28.6% |
| Deferred taxes | 168 | €2,802 | €2,000 | -€801 | -28.6% |
| Amounts payable | 17/49 | €121,140 | €114,409 | -€6,731 | -5.6% |
| Amounts payable within one year | 42/48 | €112,780 | €114,009 | +€1,230 | +1.1% |
| Trade debts | 44 | €340 | €1,759 | +€1,419 | +418% |
| Suppliers | 440/4 | €340 | €1,759 | +€1,419 | +418% |
| Taxes, remuneration and social security | 45 | €220 | €2,139 | +€1,919 | +873% |
| Taxes | 450/3 | €220 | €2,139 | +€1,919 | +873% |
| Other amounts payable | 47/48 | €112,220 | €110,111 | -€2,109 | -1.9% |
| Accrued charges and deferred income | 492/3 | €8,360 | €400 | -€7,960 | -95.2% |
| Non-recurring operating income | 76A | €2,000 | €36,474 | +€34,474 | +1,724% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,729 | €33,437 | -€1,292 | -3.7% |
| Other operating charges | 640/8 | €3,088 | €4,358 | +€1,270 | +41.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €3,207 | €28,296 | +€25,088 | +782% |
| Operating profit (loss) | 9901 | -€34,609 | -€9,499 | +€25,110 | +72.6% |
| Financial income | 75/76B | €512 | €1,841 | +€1,328 | +259% |
| Recurring financial income | 75 | €512 | €1,841 | +€1,328 | +259% |
| Financial charges | 65/66B | €8,044 | €85 | -€7,959 | -98.9% |
| Recurring financial charges | 65 | €8,044 | €85 | -€7,959 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | -€42,141 | -€7,743 | +€34,397 | +81.6% |
| Transfer from deferred taxes | 780 | €801 | €2,404 | +€1,603 | +200% |
| Income taxes | 67/77 | €159 | €164 | +€4 | +2.7% |
| Profit (loss) for the period | 9904 | -€41,499 | -€5,503 | +€35,996 | +86.7% |
| Transfer from tax-exempt reserves | 789 | €2,404 | €801 | -€1,603 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,095 | -€4,701 | +€34,393 | +88.0% |
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 16 October 2026 via checked.be.