Werner 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.
What changed
Werner Van Lembergen
NACE 82.990, Other business support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€717,664
2024 · €554,957+€162,707
Equity
€4.0m
2024 · €4.4m-€469,019
Cash
€39,791
2024 · €51,319-€11,527
Balance sheet total
€5.8m
2024 · €6.1m-€280,722
Largest movements
Assets
- Current investments -€226,442
down €226,442 (-4.3%), from €5.3m to €5.1m
Equity and liabilities
- Accrued charges and deferred income -€711,530
down €711,530 (-93.9%), from €757,829 to €46,299
- Other debts +€548,790
up €548,790 (+155.1%), from €353,934 to €902,723
- Reserves -€469,019
down €469,019 (-10.8%), from €4.4m to €3.9m
of which Distributable reserves: -€354,750
- Short-term financial debts +€427,613
up €427,613 (+169.2%), from €252,689 to €680,302
of which Other loans: +€385,000
- Tax, wage and social debts -€64,421
down €64,421 (-44.1%), from €146,231 to €81,810
of which Taxes: -€50,890
Income statement
- Financial income +€214,964
up €214,964 (+112.5%), from €191,054 to €406,019
- Gross operating margin -€33,584
down €33,584 (-4.7%), from €710,306 to €676,722
- Taxes +€19,116
up €19,116 (+8.7%), from €220,124 to €239,240
- Depreciation -€13,580
down €13,580 (-19.3%), from €70,491 to €56,911
- Financial charges +€12,643
up €12,643 (+26.1%), from €48,482 to €61,124
of which Financial charges: +€11,977
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.
Result 2024
€554,957
Gross operating margin
-€33,584
Depreciation
+€13,580
Other operating charges
+€641
Financial income
+€214,964
Financial charges
-€12,643
Taxes
-€19,116
Deferred taxes and other
-€1,135
Result 2025
€717,664
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.
From operations
+€539,313
Investment
+€224,324
Financing
-€775,165
Cash 2024
€51,319
From operations (derived)
+€539,313
Net result for the year
+€717,664
Depreciation
+€56,911
Receivables within one year
-€8,602
Deferred charges and accrued income
-€3,438
Provisions
-€2,490
Trade debts
+€6,430
Tax, wage and social debts
-€64,421
Other debts
+€548,790
Accrued charges and deferred income
-€711,530
Investment (derived)
+€224,324
Investment in fixed assets (net)
-€2,118
Current investments
+€226,442
Financing
-€775,165
Debts after one year
-€16,382
Current portion of long-term debt
+€288
Short-term financial debts
+€427,613
Contributions, distributions and other
-€1.2m
Cash 2025
€39,791
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,123,249 | €5,842,527 | -€280,722 | -4.6% |
| Fixed assets | 21/28 | €696,142 | €641,349 | -€54,793 | -7.9% |
| Tangible fixed assets | 22/27 | €695,956 | €641,163 | -€54,793 | -7.9% |
| Land and buildings | 22 | €623,522 | €578,138 | -€45,383 | -7.3% |
| Plant, machinery and equipment | 23 | €4,284 | €4,113 | -€170 | -4.0% |
| Furniture and vehicles | 24 | €68,151 | €58,911 | -€9,240 | -13.6% |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €5,427,107 | €5,201,178 | -€225,929 | -4.2% |
| Amounts receivable within one year | 40/41 | €65,464 | €74,066 | +€8,602 | +13.1% |
| Trade receivables | 40 | €7,571 | €9,124 | +€1,553 | +20.5% |
| Other amounts receivable | 41 | €57,893 | €64,942 | +€7,049 | +12.2% |
| Current investments | 50/53 | €5,307,783 | €5,081,341 | -€226,442 | -4.3% |
| Cash at bank and in hand | 54/58 | €51,319 | €39,791 | -€11,527 | -22.5% |
| Deferred charges and accrued income | 490/1 | €2,541 | €5,979 | +€3,438 | +135.3% |
| Total equity and liabilities | 10/49 | €6,123,249 | €5,842,527 | -€280,722 | -4.6% |
| Equity | 10/15 | €4,448,901 | €3,979,882 | -€469,019 | -10.5% |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Reserves | 13 | €4,355,941 | €3,886,922 | -€469,019 | -10.8% |
| Tax-exempt reserves | 132 | €950,154 | €835,884 | -€114,270 | -12.0% |
| Distributable reserves | 133 | €3,405,788 | €3,051,038 | -€354,750 | -10.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €40,373 | €37,883 | -€2,490 | -6.2% |
| Provisions for liabilities and charges | 160/5 | €25,121 | €25,121 | = | 0.0% |
| Major repairs and maintenance | 162 | €25,121 | €25,121 | = | 0.0% |
| Deferred taxes | 168 | €15,251 | €12,761 | -€2,490 | -16.3% |
| Amounts payable | 17/49 | €1,633,975 | €1,824,762 | +€190,787 | +11.7% |
| Amounts payable after more than one year | 17 | €101,288 | €84,906 | -€16,382 | -16.2% |
| Financial debts | 170/4 | €101,288 | €84,906 | -€16,382 | -16.2% |
| Amounts payable within one year | 42/48 | €774,857 | €1,693,556 | +€918,699 | +118.6% |
| Current portion of amounts payable after more than one year | 42 | €16,094 | €16,382 | +€288 | +1.8% |
| Financial debts | 43 | €252,689 | €680,302 | +€427,613 | +169.2% |
| Credit institutions | 430/8 | €37,689 | €80,302 | +€42,613 | +113.1% |
| Other loans | 439 | €215,000 | €600,000 | +€385,000 | +179.1% |
| Trade debts | 44 | €5,910 | €12,339 | +€6,430 | +108.8% |
| Suppliers | 440/4 | €5,910 | €12,339 | +€6,430 | +108.8% |
| Taxes, remuneration and social security | 45 | €146,231 | €81,810 | -€64,421 | -44.1% |
| Taxes | 450/3 | €132,700 | €81,810 | -€50,890 | -38.3% |
| Remuneration and social security | 454/9 | €13,531 | €0 | -€13,531 | -100.0% |
| Other amounts payable | 47/48 | €353,934 | €902,723 | +€548,790 | +155.1% |
| Accrued charges and deferred income | 492/3 | €757,829 | €46,299 | -€711,530 | -93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,491 | €56,911 | -€13,580 | -19.3% |
| Other operating charges | 640/8 | €10,932 | €10,291 | -€641 | -5.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €710,306 | €676,722 | -€33,584 | -4.7% |
| Operating profit (loss) | 9901 | €628,883 | €609,520 | -€19,363 | -3.1% |
| Financial income | 75/76B | €191,054 | €406,019 | +€214,964 | +112.5% |
| Recurring financial income | 75 | €191,054 | €406,019 | +€214,964 | +112.5% |
| Financial charges | 65/66B | €48,482 | €61,124 | +€12,643 | +26.1% |
| Recurring financial charges | 65 | €48,482 | €60,459 | +€11,977 | +24.7% |
| Non-recurring financial charges | 66B | - | €666 | +€666 | |
| Profit (loss) for the period before taxes | 9903 | €771,455 | €954,414 | +€182,959 | +23.7% |
| Transfer from deferred taxes | 780 | €3,625 | €2,490 | -€1,135 | -31.3% |
| Income taxes | 67/77 | €220,124 | €239,240 | +€19,116 | +8.7% |
| Profit (loss) for the period | 9904 | €554,957 | €717,664 | +€162,707 | +29.3% |
| Transfer from tax-exempt reserves | 789 | €187,695 | €114,270 | -€73,426 | -39.1% |
| Transfer to tax-exempt reserves | 689 | €168,400 | €0 | -€168,400 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €574,252 | €831,934 | +€257,681 | +44.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.