LAM & #39;OR: 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 & #39;OR
Largest movements
- Cash -€2,122
down €2,122 (-1.5%), from €141,716 to €139,594
mainly Net result for the year (-€2,122)
- Profit (loss) carried forward -€2,122
down €2,122 (-14.4%), from -€14,784 to -€16,906
- Gross operating margin -€460
down €460 (-37.8%), from -€1,217 to -€1,677
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 | €141,716 | €139,594 | -€2,122 | -1.5% |
| Current assets | 29/58 | €141,716 | €139,594 | -€2,122 | -1.5% |
| Cash at bank and in hand | 54/58 | €141,716 | €139,594 | -€2,122 | -1.5% |
| Total equity and liabilities | 10/49 | €141,716 | €139,594 | -€2,122 | -1.5% |
| Equity | 10/15 | €141,716 | €139,594 | -€2,122 | -1.5% |
| Contributions | 10/11 | €156,500 | €156,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,784 | -€16,906 | -€2,122 | -14.4% |
| Other operating charges | 640/8 | €384 | €400 | +€15 | +4.0% |
| Gross operating margin | 9900 | -€1,217 | -€1,677 | -€460 | -37.8% |
| Operating profit (loss) | 9901 | -€1,601 | -€2,077 | -€476 | -29.7% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,645 | -€2,122 | -€477 | -29.0% |
| Profit (loss) for the period | 9904 | -€1,645 | -€2,122 | -€477 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,645 | -€2,122 | -€477 | -29.0% |
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 27 October 2026 via checked.be.