HAPPY LAMA: 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.
HAPPY LAMA
Largest movements
- Cash +€12,838
up €12,838 (+103%), from €12,428 to €25,266
mainly Other debts (+€7,020) and Net result for the year (+€4,240)
- Receivables within one year -€2,409
down €2,409 (-24.3%), from €9,928 to €7,518
- Other debts +€7,020
up €7,020 (+42.9%), from €16,371 to €23,391
- Profit (loss) carried forward +€4,240
up €4,240 (+10.6%), from -€39,847 to -€35,608
- Tax, wage and social debts -€3,806
down €3,806 (-53.9%), from €7,066 to €3,260
of which Taxes: -€2,306
- Trade debts +€1,714
up €1,714 (+96.3%), from €1,780 to €3,494
- Accrued charges and deferred income +€1,567
new in 2025: €1,567
- Gross operating margin -€5,531
down €5,531 (-39.3%), from €14,081 to €8,551
- Other operating charges -€1,362
down €1,362 (-61.4%), from €2,219 to €857
- Depreciation +€491
up €491 (+241%), from €204 to €694
- Taxes -€431
down €431 (-13.8%), from €3,126 to €2,694
- Financial charges -€281
down €281 (-79.3%), from €354 to €73
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 | €26,567 | €37,302 | +€10,735 | +40.4% |
| Fixed assets | 21/28 | €4,212 | €4,517 | +€306 | +7.3% |
| Tangible fixed assets | 22/27 | €3,812 | €4,117 | +€306 | +8.0% |
| Plant, machinery and equipment | 23 | €1,456 | €1,893 | +€437 | +30.0% |
| Furniture and vehicles | 24 | €2,356 | €2,224 | -€131 | -5.6% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €22,356 | €32,785 | +€10,429 | +46.6% |
| Amounts receivable within one year | 40/41 | €9,928 | €7,518 | -€2,409 | -24.3% |
| Trade receivables | 40 | €9,928 | €7,518 | -€2,409 | -24.3% |
| Cash at bank and in hand | 54/58 | €12,428 | €25,266 | +€12,838 | +103% |
| Total equity and liabilities | 10/49 | €26,567 | €37,302 | +€10,735 | +40.4% |
| Equity | 10/15 | -€21,247 | -€17,008 | +€4,240 | +20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,847 | -€35,608 | +€4,240 | +10.6% |
| Amounts payable | 17/49 | €47,815 | €54,309 | +€6,495 | +13.6% |
| Amounts payable after more than one year | 17 | €22,597 | €22,597 | = | 0.0% |
| Financial debts | 170/4 | €22,597 | €22,597 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,218 | €30,145 | +€4,927 | +19.5% |
| Trade debts | 44 | €1,780 | €3,494 | +€1,714 | +96.3% |
| Suppliers | 440/4 | €1,780 | €3,494 | +€1,714 | +96.3% |
| Taxes, remuneration and social security | 45 | €7,066 | €3,260 | -€3,806 | -53.9% |
| Taxes | 450/3 | €5,566 | €3,260 | -€2,306 | -41.4% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €16,371 | €23,391 | +€7,020 | +42.9% |
| Accrued charges and deferred income | 492/3 | - | €1,567 | +€1,567 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204 | €694 | +€491 | +241% |
| Other operating charges | 640/8 | €2,219 | €857 | -€1,362 | -61.4% |
| Gross operating margin | 9900 | €14,081 | €8,551 | -€5,531 | -39.3% |
| Operating profit (loss) | 9901 | €11,659 | €7,000 | -€4,659 | -40.0% |
| Financial income | 75/76B | €6 | €8 | +€2 | +25.3% |
| Recurring financial income | 75 | €6 | €8 | +€2 | +25.3% |
| Financial charges | 65/66B | €354 | €73 | -€281 | -79.3% |
| Recurring financial charges | 65 | €354 | €73 | -€281 | -79.3% |
| Profit (loss) for the period before taxes | 9903 | €11,311 | €6,934 | -€4,377 | -38.7% |
| Income taxes | 67/77 | €3,126 | €2,694 | -€431 | -13.8% |
| Profit (loss) for the period | 9904 | €8,186 | €4,240 | -€3,946 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,186 | €4,240 | -€3,946 | -48.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.