ETS. LAMO IMPORT EXPORT: 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.
ETS. LAMO IMPORT EXPORT
Largest movements
- Receivables within one year -€181,440
down €181,440 (-13.4%), from €1.4m to €1.2m
of which Other amounts receivable: -€117,125
- Tangible fixed assets +€172,613
up €172,613 (+16.0%), from €1.1m to €1.2m
of which Land and buildings: +€136,759
- Cash -€45,203
down €45,203 (-40.3%), from €112,255 to €67,051
mainly Investment in fixed assets (net) (-€262,840) and Trade debts (-€129,166)
- Profit (loss) carried forward -€149,040
down €149,040 (-7.3%), from €2.0m to €1.9m
- Debts after one year +€143,411
up €143,411 (+44.2%), from €324,545 to €467,956
- Trade debts -€129,166
down €129,166 (-84.2%), from €153,349 to €24,183
- Other debts +€93,509
up €93,509 (+1440.6%), from €6,491 to €100,000
- Tax, wage and social debts -€41,424
down €41,424 (-77.9%), from €53,161 to €11,737
of which Taxes: -€34,369
- Taxes -€36,178
down €36,178 (-91.1%), from €39,697 to €3,519
- Gross operating margin +€27,196
up €27,196 (+73.5%), from €36,990 to €64,186
- Financial income -€11,271
down €11,271 (-18.0%), from €62,655 to €51,384
- Depreciation +€4,367
up €4,367 (+5.1%), from €85,860 to €90,227
- Other operating charges +€3,164
up €3,164 (+5.6%), from €56,717 to €59,881
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,705,446 | €2,651,266 | -€54,180 | -2.0% |
| Fixed assets | 21/28 | €1,236,671 | €1,409,285 | +€172,613 | +14.0% |
| Tangible fixed assets | 22/27 | €1,076,671 | €1,249,285 | +€172,613 | +16.0% |
| Land and buildings | 22 | €957,028 | €1,093,786 | +€136,759 | +14.3% |
| Furniture and vehicles | 24 | €119,644 | €155,498 | +€35,854 | +30.0% |
| Financial fixed assets | 28 | €160,000 | €160,000 | = | 0.0% |
| Current assets | 29/58 | €1,468,775 | €1,241,982 | -€226,793 | -15.4% |
| Amounts receivable within one year | 40/41 | €1,350,776 | €1,169,336 | -€181,440 | -13.4% |
| Trade receivables | 40 | €94,540 | €30,225 | -€64,315 | -68.0% |
| Other amounts receivable | 41 | €1,256,236 | €1,139,111 | -€117,125 | -9.3% |
| Cash at bank and in hand | 54/58 | €112,255 | €67,051 | -€45,203 | -40.3% |
| Deferred charges and accrued income | 490/1 | €5,744 | €5,594 | -€150 | -2.6% |
| Total equity and liabilities | 10/49 | €2,705,446 | €2,651,266 | -€54,180 | -2.0% |
| Equity | 10/15 | €2,108,071 | €1,959,031 | -€149,040 | -7.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €7,218 | €7,218 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €1,021 | €1,021 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,038,880 | €1,889,839 | -€149,040 | -7.3% |
| Amounts payable | 17/49 | €597,375 | €692,236 | +€94,861 | +15.9% |
| Amounts payable after more than one year | 17 | €324,545 | €467,956 | +€143,411 | +44.2% |
| Financial debts | 170/4 | €324,545 | €467,956 | +€143,411 | +44.2% |
| Amounts payable within one year | 42/48 | €272,830 | €224,280 | -€48,550 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €59,829 | €88,360 | +€28,531 | +47.7% |
| Trade debts | 44 | €153,349 | €24,183 | -€129,166 | -84.2% |
| Suppliers | 440/4 | €153,349 | €24,183 | -€129,166 | -84.2% |
| Taxes, remuneration and social security | 45 | €53,161 | €11,737 | -€41,424 | -77.9% |
| Taxes | 450/3 | €46,106 | €11,737 | -€34,369 | -74.5% |
| Remuneration and social security | 454/9 | €7,055 | €0 | -€7,055 | -100.0% |
| Other amounts payable | 47/48 | €6,491 | €100,000 | +€93,509 | +1440.6% |
| Non-recurring operating income | 76A | €56,000 | €0 | -€56,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,860 | €90,227 | +€4,367 | +5.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €56,717 | €59,881 | +€3,164 | +5.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €36,990 | €64,186 | +€27,196 | +73.5% |
| Operating profit (loss) | 9901 | -€105,586 | -€85,921 | +€19,665 | +18.6% |
| Financial income | 75/76B | €62,655 | €51,384 | -€11,271 | -18.0% |
| Recurring financial income | 75 | €62,655 | €51,384 | -€11,271 | -18.0% |
| Financial charges | 65/66B | €9,029 | €10,984 | +€1,956 | +21.7% |
| Recurring financial charges | 65 | €9,029 | €10,984 | +€1,956 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | -€51,960 | -€45,522 | +€6,438 | +12.4% |
| Income taxes | 67/77 | €39,697 | €3,519 | -€36,178 | -91.1% |
| Profit (loss) for the period | 9904 | -€91,656 | -€49,040 | +€42,616 | +46.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,656 | -€49,040 | +€42,616 | +46.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.