LAM: 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.
LAM
Largest movements
- Receivables within one year +€158,861
up €158,861 (+445.3%), from €35,673 to €194,534
of which Trade receivables: +€160,823
- Tangible fixed assets +€3,096
up €3,096 (+1134.1%), from €273 to €3,369
of which Other tangible fixed assets: +€3,096
- Trade debts +€166,544
up €166,544 (+2943.5%), from €5,658 to €172,202
- Accrued charges and deferred income -€45,250
no longer reported in 2022 (was €45,250)
- Advances received +€21,000
new in 2022: €21,000
- Profit (loss) carried forward +€12,119
up €12,119 (+29.9%), from €40,571 to €52,690
- Tax, wage and social debts +€7,634
up €7,634 (+566.7%), from €1,347 to €8,981
of which Remuneration and social security: +€4,076
- Staff costs +€9,160
up €9,160 (+62.4%), from €14,676 to €23,836
- Financial charges +€2,787
up €2,787 (+4977.0%), from €56 to €2,843
of which Non-recurring financial charges: +€2,695
- Gross operating margin +€2,786
up €2,786 (+6.5%), from €42,594 to €45,380
- Other operating charges +€2,460
new in 2022: €2,460
- Taxes +€1,584
up €1,584 (+62.4%), from €2,539 to €4,123
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,442 | €279,488 | +€162,046 | +138.0% |
| Fixed assets | 21/28 | €6,931 | €10,028 | +€3,097 | +44.7% |
| Tangible fixed assets | 22/27 | €273 | €3,369 | +€3,096 | +1134.1% |
| Plant, machinery and equipment | 23 | - | €273 | +€273 | |
| Furniture and vehicles | 24 | €273 | - | -€273 | |
| Other tangible fixed assets | 26 | - | €3,096 | +€3,096 | |
| Financial fixed assets | 28 | €6,658 | €6,658 | +€0 | 0.0% |
| Current assets | 29/58 | €110,511 | €269,461 | +€158,950 | +143.8% |
| Stocks and contracts in progress | 3 | €388 | €388 | -€0 | -0.1% |
| Stocks | 30/36 | €388 | €388 | -€0 | -0.1% |
| Amounts receivable within one year | 40/41 | €35,673 | €194,534 | +€158,861 | +445.3% |
| Trade receivables | 40 | - | €160,823 | +€160,823 | |
| Other amounts receivable | 41 | €35,673 | €33,712 | -€1,961 | -5.5% |
| Cash at bank and in hand | 54/58 | €74,450 | €74,539 | +€89 | +0.1% |
| Total equity and liabilities | 10/49 | €117,442 | €279,488 | +€162,046 | +138.0% |
| Equity | 10/15 | €65,187 | €77,306 | +€12,119 | +18.6% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €6,024 | €6,024 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €4,165 | - | -€4,165 | |
| Distributable reserves | 133 | - | €4,165 | +€4,165 | |
| Profit (loss) carried forward | 14 | €40,571 | €52,690 | +€12,119 | +29.9% |
| Amounts payable | 17/49 | €52,255 | €202,183 | +€149,928 | +286.9% |
| Amounts payable within one year | 42/48 | €7,005 | €202,183 | +€195,178 | +2786.3% |
| Trade debts | 44 | €5,658 | €172,202 | +€166,544 | +2943.5% |
| Suppliers | 440/4 | €5,658 | €172,202 | +€166,544 | +2943.5% |
| Advances received on contracts in progress | 46 | - | €21,000 | +€21,000 | |
| Taxes, remuneration and social security | 45 | €1,347 | €8,981 | +€7,634 | +566.7% |
| Taxes | 450/3 | - | €3,558 | +€3,558 | |
| Remuneration and social security | 454/9 | €1,347 | €5,423 | +€4,076 | +302.6% |
| Accrued charges and deferred income | 492/3 | €45,250 | - | -€45,250 | |
| Remuneration, social security and pensions | 62 | €14,676 | €23,836 | +€9,160 | +62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273 | - | -€273 | |
| Other operating charges | 640/8 | - | €2,460 | +€2,460 | |
| Gross operating margin | 9900 | €42,594 | €45,380 | +€2,786 | +6.5% |
| Operating profit (loss) | 9901 | €27,645 | €19,084 | -€8,561 | -31.0% |
| Financial income | 75/76B | €230 | €1 | -€229 | -99.5% |
| Recurring financial income | 75 | €230 | €1 | -€229 | -99.5% |
| Financial charges | 65/66B | €56 | €2,843 | +€2,787 | +4977.0% |
| Recurring financial charges | 65 | €56 | €148 | +€92 | +163.8% |
| Non-recurring financial charges | 66B | - | €2,695 | +€2,695 | |
| Profit (loss) for the period before taxes | 9903 | €27,819 | €16,242 | -€11,577 | -41.6% |
| Income taxes | 67/77 | €2,539 | €4,123 | +€1,584 | +62.4% |
| Profit (loss) for the period | 9904 | €25,280 | €12,119 | -€13,161 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,280 | €12,119 | -€13,161 | -52.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.