DR LALMAND CMF: 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.
DR LALMAND CMF
Largest movements
- Current investments -€133,821
down €133,821 (-41.7%), from €321,027 to €187,206
- Receivables within one year -€103,965
down €103,965 (-100%), from €103,965 to €0
- Cash +€56,801
up €56,801 (+82.6%), from €68,767 to €125,568
mainly Other debts (+€344,889) and Net result for the year (+€157,650)
- Profit (loss) carried forward -€520,597
down €520,597 (-100%), from €520,597 to €0
- Other debts +€344,889
up €344,889, from €0 to €344,889
- Financial charges +€82,207
up €82,207 (+2,173%), from €3,784 to €85,991
- Gross operating margin +€76,424
up €76,424 (+33.7%), from €226,931 to €303,354
- Financial income -€6,132
down €6,132 (-65.8%), from €9,315 to €3,183
- Taxes +€3,351
up €3,351 (+6.4%), from €52,412 to €55,763
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 | €551,905 | €372,521 | -€179,384 | -32.5% |
| Fixed assets | 21/28 | €14,975 | €13,035 | -€1,940 | -13.0% |
| Intangible fixed assets | 21 | €1,263 | €927 | -€336 | -26.6% |
| Tangible fixed assets | 22/27 | €13,712 | €12,108 | -€1,604 | -11.7% |
| Furniture and vehicles | 24 | €11,050 | €9,748 | -€1,302 | -11.8% |
| Other tangible fixed assets | 26 | €2,662 | €2,360 | -€303 | -11.4% |
| Current assets | 29/58 | €536,930 | €359,486 | -€177,444 | -33.0% |
| Amounts receivable within one year | 40/41 | €103,965 | €0 | -€103,965 | -100% |
| Other amounts receivable | 41 | €103,965 | €0 | -€103,965 | -100% |
| Current investments | 50/53 | €321,027 | €187,206 | -€133,821 | -41.7% |
| Cash at bank and in hand | 54/58 | €68,767 | €125,568 | +€56,801 | +82.6% |
| Deferred charges and accrued income | 490/1 | €43,171 | €46,711 | +€3,541 | +8.2% |
| Total equity and liabilities | 10/49 | €551,905 | €372,521 | -€179,384 | -32.5% |
| Equity | 10/15 | €525,597 | €5,000 | -€520,597 | -99.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €520,597 | €0 | -€520,597 | -100% |
| Amounts payable | 17/49 | €26,308 | €367,521 | +€341,214 | +1,297% |
| Amounts payable within one year | 42/48 | €26,131 | €367,518 | +€341,387 | +1,306% |
| Financial debts | 43 | €245 | €109 | -€136 | -55.4% |
| Credit institutions | 430/8 | - | €109 | +€109 | |
| Other loans | 439 | €245 | €0 | -€245 | -100% |
| Trade debts | 44 | €693 | €754 | +€61 | +8.8% |
| Suppliers | 440/4 | €693 | €754 | +€61 | +8.8% |
| Taxes, remuneration and social security | 45 | €25,193 | €21,765 | -€3,428 | -13.6% |
| Taxes | 450/3 | €24,693 | €21,765 | -€2,928 | -11.9% |
| Remuneration and social security | 454/9 | €500 | €0 | -€500 | -100% |
| Other amounts payable | 47/48 | €0 | €344,889 | +€344,889 | |
| Accrued charges and deferred income | 492/3 | €177 | €4 | -€173 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,415 | €3,876 | +€462 | +13.5% |
| Other operating charges | 640/8 | €3,694 | €3,258 | -€436 | -11.8% |
| Gross operating margin | 9900 | €226,931 | €303,354 | +€76,424 | +33.7% |
| Operating profit (loss) | 9901 | €219,822 | €296,220 | +€76,398 | +34.8% |
| Financial income | 75/76B | €9,315 | €3,183 | -€6,132 | -65.8% |
| Recurring financial income | 75 | €9,315 | €3,183 | -€6,132 | -65.8% |
| Financial charges | 65/66B | €3,784 | €85,991 | +€82,207 | +2,173% |
| Recurring financial charges | 65 | €3,784 | €85,991 | +€82,207 | +2,173% |
| Profit (loss) for the period before taxes | 9903 | €225,354 | €213,413 | -€11,941 | -5.3% |
| Income taxes | 67/77 | €52,412 | €55,763 | +€3,351 | +6.4% |
| Profit (loss) for the period | 9904 | €172,942 | €157,650 | -€15,292 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €172,942 | €157,650 | -€15,292 | -8.8% |
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 25 October 2026 via checked.be.