LAM CONSTRUCT: what changed
Two fiscal 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 CONSTRUCT
Largest movements
- Receivables within one year -€9,856
down €9,856 (-72.0%), from €13,687 to €3,831
of which Trade receivables: -€10,563
- Cash -€2,832
down €2,832 (-47.7%), from €5,936 to €3,103
mainly Trade debts (-€7,977) and Net result for the year (-€4,297)
- Tangible fixed assets -€2,100
down €2,100 (-37.9%), from €5,546 to €3,446
- Trade debts -€7,977
down €7,977 (-13.1%), from €60,699 to €52,722
- Profit (loss) carried forward -€4,297
down €4,297 (-4.9%), from -€88,065 to -€92,362
- Other debts -€2,514
down €2,514 (-40.9%), from €6,145 to €3,630
- Turnover -€14,605
no longer reported in 2024 (was €14,605)
- Gross operating margin -€11,530
down €11,530, from €9,587 to -€1,943
- Purchases and services -€5,018
no longer reported in 2024 (was €5,018)
- Depreciation +€1,346
up €1,346 (+178.6%), from €754 to €2,100
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 | €25,169 | €10,381 | -€14,788 | -58.8% |
| Fixed assets | 21/28 | €5,546 | €3,446 | -€2,100 | -37.9% |
| Tangible fixed assets | 22/27 | €5,546 | €3,446 | -€2,100 | -37.9% |
| Furniture and vehicles | 24 | €5,546 | €3,446 | -€2,100 | -37.9% |
| Current assets | 29/58 | €19,623 | €6,935 | -€12,688 | -64.7% |
| Amounts receivable within one year | 40/41 | €13,687 | €3,831 | -€9,856 | -72.0% |
| Trade receivables | 40 | €10,563 | - | -€10,563 | |
| Other amounts receivable | 41 | €3,125 | €3,831 | +€707 | +22.6% |
| Cash at bank and in hand | 54/58 | €5,936 | €3,103 | -€2,832 | -47.7% |
| Total equity and liabilities | 10/49 | €25,169 | €10,381 | -€14,788 | -58.8% |
| Equity | 10/15 | -€41,674 | -€45,971 | -€4,297 | -10.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €33,891 | €33,891 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,031 | €2,031 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,065 | -€92,362 | -€4,297 | -4.9% |
| Amounts payable | 17/49 | €66,844 | €56,352 | -€10,491 | -15.7% |
| Amounts payable within one year | 42/48 | €66,844 | €56,352 | -€10,491 | -15.7% |
| Trade debts | 44 | €60,699 | €52,722 | -€7,977 | -13.1% |
| Suppliers | 440/4 | €60,699 | €52,722 | -€7,977 | -13.1% |
| Other amounts payable | 47/48 | €6,145 | €3,630 | -€2,514 | -40.9% |
| Turnover | 70 | €14,605 | - | -€14,605 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,018 | - | -€5,018 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €754 | €2,100 | +€1,346 | +178.6% |
| Other operating charges | 640/8 | - | €114 | +€114 | |
| Gross operating margin | 9900 | €9,587 | -€1,943 | -€11,530 | |
| Operating profit (loss) | 9901 | €8,833 | -€4,156 | -€12,990 | |
| Financial charges | 65/66B | €192 | €140 | -€52 | -27.0% |
| Recurring financial charges | 65 | €192 | €140 | -€52 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €8,641 | -€4,297 | -€12,938 | |
| Profit (loss) for the period | 9904 | €8,641 | -€4,297 | -€12,938 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,641 | -€4,297 | -€12,938 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.