Lombok classes not generated

Hello!
I’m using Intellij IDEA Community Edition (the latest version: Build #IC-242.23339.11, built on September 25, 2024)

here is my build.gradle file:

plugins {
	id 'java'
	id 'org.springframework.boot' version '3.3.4'
	id 'io.spring.dependency-management' version '1.1.6'
}

group = 'org.example'
version = '0.0.1-SNAPSHOT'

java {
	toolchain {
		languageVersion = JavaLanguageVersion.of(17)
	}
}

configurations {
	compileOnly {
		extendsFrom annotationProcessor
	}
}

repositories {
	mavenCentral()
}

dependencies {
	implementation 'org.springframework.boot:spring-boot-starter-web'
	compileOnly 'org.projectlombok:lombok'
	annotationProcessor 'org.projectlombok:lombok'
	testImplementation 'org.springframework.boot:spring-boot-starter-test'
	testRuntimeOnly 'org.junit.platform:junit-platform-launcher'
}

tasks.named('test') {
	useJUnit()
}

gradle-wrapper.properties:

distributionBase=GRADLE_USER_HOME
distributionPath=wrapper/dists
distributionUrl=https\://services.gradle.org/distributions/gradle-7.6-bin.zip
networkTimeout=10000
validateDistributionUrl=true
zipStoreBase=GRADLE_USER_HOME
zipStorePath=wrapper/dists

entity class:

@Builder
@Getter
@Setter
@NoArgsConstructor
@AllArgsConstructor
public class Test {
    private Long id;
    private String name;
    private int yearOfBirth;
    private String phoneNumber;
    private String secondaryPhoneNumber;
    private LocalDate createdAt;
}

the java version is: 17.0.12
I’m not doing anything crazy. I just need Lombok to properly generate the Builder class for me but whenever i run
.\gradlew clean build
or
.\gradlew compileJava
then nothing is being generated in build/generated/sources/annotationProcessor/java/main

marking “Enable annotation processing” as checked in the IDEA settings doesnt resolve this issue
I also tried to play with different lombok and gradle versions but the issue is still there
Invalidating caches did not help either

What am i missing? I’d appreciate the help, thanks in advance!

Here is what the docu says: Gradle

Btw. you should stop using the Spring Dependency Management plugin.
It is a relict from times when Gradle did not have built-in BOM support and by now does more harm than good.
Even the maintainer of that plugin recommends not to use it anymore, but instead the built-in BOM support using platform(...).