Johan Lammens: what changed
Johan Lammens
Largest movements
- Receivables within one year +€33,735
up €33,735 (+868%), from €3,886 to €37,620
of which Other amounts receivable: +€23,355
- Current investments +€28,238
new in 2025: €28,238
- Cash -€8,072
down €8,072 (-81.1%), from €9,956 to €1,884
mainly Receivables within one year (-€33,735) and Current investments (-€28,238)
- Tangible fixed assets -€4,581
down €4,581 (-14.5%), from €31,532 to €26,951
- Reserves +€41,499
up €41,499 (+666%), from €6,235 to €47,733
- Trade debts +€5,930
up €5,930 (+305%), from €1,947 to €7,877
- Debts after one year -€5,757
down €5,757 (-29.4%), from €19,559 to €13,802
- Tax, wage and social debts +€3,994
up €3,994 (+46.5%), from €8,596 to €12,590
- Other debts +€3,443
up €3,443 (+344%), from €1,000 to €4,443
- Gross operating margin +€50,293
up €50,293 (+284%), from €17,721 to €68,015
- Taxes +€13,488
up €13,488 (+553%), from €2,438 to €15,926
- Depreciation +€2,086
up €2,086 (+35.6%), from €5,865 to €7,951
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,373 | €94,702 | +€49,329 | +109% |
| Fixed assets | 21/28 | €31,532 | €26,951 | -€4,581 | -14.5% |
| Tangible fixed assets | 22/27 | €31,532 | €26,951 | -€4,581 | -14.5% |
| Furniture and vehicles | 24 | €31,532 | €26,951 | -€4,581 | -14.5% |
| Current assets | 29/58 | €13,841 | €67,751 | +€53,910 | +389% |
| Amounts receivable within one year | 40/41 | €3,886 | €37,620 | +€33,735 | +868% |
| Trade receivables | 40 | €3,631 | €14,011 | +€10,380 | +286% |
| Other amounts receivable | 41 | €254 | €23,609 | +€23,355 | +9,178% |
| Current investments | 50/53 | - | €28,238 | +€28,238 | |
| Cash at bank and in hand | 54/58 | €9,956 | €1,884 | -€8,072 | -81.1% |
| Deferred charges and accrued income | 490/1 | - | €10 | +€10 | |
| Total equity and liabilities | 10/49 | €45,373 | €94,702 | +€49,329 | +109% |
| Equity | 10/15 | €8,735 | €50,233 | +€41,499 | +475% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €6,235 | €47,733 | +€41,499 | +666% |
| Distributable reserves | 133 | €6,235 | €47,733 | +€41,499 | +666% |
| Amounts payable | 17/49 | €36,638 | €44,469 | +€7,831 | +21.4% |
| Amounts payable after more than one year | 17 | €19,559 | €13,802 | -€5,757 | -29.4% |
| Financial debts | 170/4 | €19,559 | €13,802 | -€5,757 | -29.4% |
| Amounts payable within one year | 42/48 | €17,079 | €30,666 | +€13,587 | +79.6% |
| Current portion of amounts payable after more than one year | 42 | €5,536 | €5,757 | +€220 | +4.0% |
| Trade debts | 44 | €1,947 | €7,877 | +€5,930 | +305% |
| Suppliers | 440/4 | €1,947 | €7,877 | +€5,930 | +305% |
| Taxes, remuneration and social security | 45 | €8,596 | €12,590 | +€3,994 | +46.5% |
| Taxes | 450/3 | €8,596 | €12,590 | +€3,994 | +46.5% |
| Other amounts payable | 47/48 | €1,000 | €4,443 | +€3,443 | +344% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,865 | €7,951 | +€2,086 | +35.6% |
| Other operating charges | 640/8 | €1,624 | €1,687 | +€63 | +3.9% |
| Gross operating margin | 9900 | €17,721 | €68,015 | +€50,293 | +284% |
| Operating profit (loss) | 9901 | €10,232 | €58,377 | +€48,145 | +471% |
| Financial income | 75/76B | - | €633 | +€633 | |
| Recurring financial income | 75 | - | €633 | +€633 | |
| Financial charges | 65/66B | €1,560 | €1,584 | +€25 | +1.6% |
| Recurring financial charges | 65 | €1,560 | €1,584 | +€25 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €8,673 | €57,425 | +€48,752 | +562% |
| Income taxes | 67/77 | €2,438 | €15,926 | +€13,488 | +553% |
| Profit (loss) for the period | 9904 | €6,235 | €41,499 | +€35,264 | +566% |
| Profit (loss) for the period to be appropriated | 9905 | €6,235 | €41,499 | +€35,264 | +566% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.