BRAM LAMMENS: 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.
BRAM LAMMENS
Largest movements
- Tangible fixed assets -€24,928
down €24,928 (-5.6%), from €443,050 to €418,122
- Receivables within one year +€10,928
up €10,928 (+26.8%), from €40,822 to €51,751
of which Other amounts receivable: +€20,045
- Debts after one year -€32,374
down €32,374 (-9.4%), from €344,383 to €312,009
- Reserves +€29,393
up €29,393 (+43.9%), from €67,007 to €96,400
- Other debts -€8,488
down €8,488 (-75.1%), from €11,299 to €2,810
- Gross operating margin +€28,423
up €28,423 (+52.3%), from €54,351 to €82,774
- Taxes +€8,638
up €8,638 (+144%), from €6,000 to €14,638
- Financial charges +€2,659
up €2,659 (+28.7%), from €9,268 to €11,928
- Other operating charges +€1,484
up €1,484 (+93.3%), from €1,591 to €3,075
- Financial income +€1,180
up €1,180 (+14,745%), from €8 to €1,188
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 | €489,177 | €476,837 | -€12,340 | -2.5% |
| Fixed assets | 21/28 | €443,050 | €418,122 | -€24,928 | -5.6% |
| Tangible fixed assets | 22/27 | €443,050 | €418,122 | -€24,928 | -5.6% |
| Land and buildings | 22 | €397,465 | €385,833 | -€11,632 | -2.9% |
| Plant, machinery and equipment | 23 | €345 | €0 | -€345 | -100% |
| Furniture and vehicles | 24 | €3,099 | €1,416 | -€1,683 | -54.3% |
| Leasing and similar rights | 25 | €42,142 | €30,874 | -€11,268 | -26.7% |
| Current assets | 29/58 | €46,127 | €58,716 | +€12,589 | +27.3% |
| Amounts receivable within one year | 40/41 | €40,822 | €51,751 | +€10,928 | +26.8% |
| Trade receivables | 40 | €34,887 | €25,770 | -€9,117 | -26.1% |
| Other amounts receivable | 41 | €5,935 | €25,981 | +€20,045 | +338% |
| Cash at bank and in hand | 54/58 | €797 | €1,962 | +€1,165 | +146% |
| Deferred charges and accrued income | 490/1 | €4,507 | €5,003 | +€496 | +11.0% |
| Total equity and liabilities | 10/49 | €489,177 | €476,837 | -€12,340 | -2.5% |
| Equity | 10/15 | €85,607 | €115,000 | +€29,393 | +34.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,007 | €96,400 | +€29,393 | +43.9% |
| Distributable reserves | 133 | €67,007 | €96,400 | +€29,393 | +43.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €403,570 | €361,838 | -€41,733 | -10.3% |
| Amounts payable after more than one year | 17 | €344,383 | €312,009 | -€32,374 | -9.4% |
| Financial debts | 170/4 | €344,383 | €312,009 | -€32,374 | -9.4% |
| Amounts payable within one year | 42/48 | €59,188 | €49,829 | -€9,359 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €31,596 | €32,374 | +€778 | +2.5% |
| Trade debts | 44 | €7,198 | €5,281 | -€1,917 | -26.6% |
| Suppliers | 440/4 | €7,198 | €5,281 | -€1,917 | -26.6% |
| Taxes, remuneration and social security | 45 | €9,095 | €9,364 | +€268 | +2.9% |
| Taxes | 450/3 | €9,095 | €9,364 | +€268 | +2.9% |
| Other amounts payable | 47/48 | €11,299 | €2,810 | -€8,488 | -75.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,063 | €24,928 | -€134 | -0.5% |
| Other operating charges | 640/8 | €1,591 | €3,075 | +€1,484 | +93.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €54,351 | €82,774 | +€28,423 | +52.3% |
| Operating profit (loss) | 9901 | €27,697 | €54,771 | +€27,074 | +97.7% |
| Financial income | 75/76B | €8 | €1,188 | +€1,180 | +14,745% |
| Recurring financial income | 75 | €8 | €1,188 | +€1,180 | +14,745% |
| Financial charges | 65/66B | €9,268 | €11,928 | +€2,659 | +28.7% |
| Recurring financial charges | 65 | €9,268 | €11,928 | +€2,659 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €18,437 | €44,031 | +€25,594 | +139% |
| Income taxes | 67/77 | €6,000 | €14,638 | +€8,638 | +144% |
| Profit (loss) for the period | 9904 | €12,437 | €29,393 | +€16,956 | +136% |
| Profit (loss) for the period to be appropriated | 9905 | €12,437 | €29,393 | +€16,956 | +136% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.