Eddy 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.
Eddy Lammens
Largest movements
- Cash +€19,932
up €19,932 (+7.1%), from €278,888 to €298,820
mainly Net result for the year (+€21,455) and Receivables within one year (+€3,098)
- Reserves +€20,835
up €20,835 (+7.9%), from €263,273 to €284,108
of which Distributable reserves: +€20,835
- Trade debts -€5,030
down €5,030 (-83.9%), from €5,999 to €969
- Gross operating margin -€7,344
down €7,344 (-17.6%), from €41,640 to €34,297
- Taxes -€2,303
down €2,303 (-18.7%), from €12,284 to €9,981
- Financial charges -€435
down €435 (-25.6%), from €1,701 to €1,266
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €301,319 | €316,845 | +€15,526 | +5.2% |
| Fixed assets | 21/28 | €7,266 | €5,614 | -€1,652 | -22.7% |
| Tangible fixed assets | 22/27 | €7,266 | €5,614 | -€1,652 | -22.7% |
| Land and buildings | 22 | €4,698 | €3,681 | -€1,017 | -21.6% |
| Plant, machinery and equipment | 23 | €1,058 | €747 | -€312 | -29.4% |
| Furniture and vehicles | 24 | €1,510 | €1,186 | -€324 | -21.4% |
| Current assets | 29/58 | €294,053 | €311,231 | +€17,178 | +5.8% |
| Stocks and contracts in progress | 3 | €63 | €328 | +€265 | +423.7% |
| Stocks | 30/36 | €63 | €328 | +€265 | +423.7% |
| Amounts receivable within one year | 40/41 | €12,941 | €9,843 | -€3,098 | -23.9% |
| Trade receivables | 40 | €11,405 | €6,157 | -€5,249 | -46.0% |
| Other amounts receivable | 41 | €1,536 | €3,687 | +€2,151 | +140.1% |
| Cash at bank and in hand | 54/58 | €278,888 | €298,820 | +€19,932 | +7.1% |
| Deferred charges and accrued income | 490/1 | €2,162 | €2,241 | +€79 | +3.6% |
| Total equity and liabilities | 10/49 | €301,319 | €316,845 | +€15,526 | +5.2% |
| Equity | 10/15 | €275,673 | €296,508 | +€20,835 | +7.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €263,273 | €284,108 | +€20,835 | +7.9% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Legal reserve | 130 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €262,033 | €282,868 | +€20,835 | +8.0% |
| Amounts payable | 17/49 | €25,646 | €20,337 | -€5,309 | -20.7% |
| Amounts payable within one year | 42/48 | €24,185 | €17,717 | -€6,468 | -26.7% |
| Trade debts | 44 | €5,999 | €969 | -€5,030 | -83.9% |
| Suppliers | 440/4 | €5,999 | €969 | -€5,030 | -83.9% |
| Taxes, remuneration and social security | 45 | €923 | €9 | -€914 | -99.0% |
| Taxes | 450/3 | €923 | €9 | -€914 | -99.0% |
| Other amounts payable | 47/48 | €17,263 | €16,740 | -€523 | -3.0% |
| Accrued charges and deferred income | 492/3 | €1,461 | €2,620 | +€1,159 | +79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,870 | €2,209 | +€340 | +18.2% |
| Other operating charges | 640/8 | €570 | €594 | +€24 | +4.3% |
| Gross operating margin | 9900 | €41,640 | €34,297 | -€7,344 | -17.6% |
| Operating profit (loss) | 9901 | €39,200 | €31,493 | -€7,708 | -19.7% |
| Financial income | 75/76B | €1,203 | €1,209 | +€5 | +0.4% |
| Recurring financial income | 75 | €1,203 | €1,209 | +€5 | +0.4% |
| Financial charges | 65/66B | €1,701 | €1,266 | -€435 | -25.6% |
| Recurring financial charges | 65 | €1,701 | €1,266 | -€435 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €38,703 | €31,435 | -€7,267 | -18.8% |
| Income taxes | 67/77 | €12,284 | €9,981 | -€2,303 | -18.7% |
| Profit (loss) for the period | 9904 | €26,419 | €21,455 | -€4,965 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,419 | €21,455 | -€4,965 | -18.8% |
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 12 October 2026 via checked.be.