LAM & DAH: 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 & DAH
Largest movements
- Receivables within one year -€179,038
down €179,038 (-65.0%), from €275,272 to €96,234
of which Trade receivables: -€180,344
- Cash +€30,866
up €30,866 (+14.3%), from €215,810 to €246,676
mainly Receivables within one year (+€179,038) and Other debts (+€103,530)
- Tangible fixed assets +€28,266
up €28,266 (+53.1%), from €53,237 to €81,503
of which Other tangible fixed assets: +€27,772
- Financial fixed assets -€17,480
down €17,480 (-59.0%), from €29,603 to €12,123
- Tax, wage and social debts -€124,627
down €124,627 (-54.4%), from €229,080 to €104,453
of which Remuneration and social security: -€137,093
- Trade debts -€120,550
down €120,550 (-54.1%), from €222,837 to €102,287
- Other debts +€103,530
new in 2024: €103,530
- Profit (loss) carried forward -€31,267
down €31,267 (-18.9%), from €165,547 to €134,279
- Debts after one year +€28,121
new in 2024: €28,121
- Gross operating margin -€407,213
down €407,213 (-49.0%), from €831,015 to €423,801
- Staff costs -€264,103
down €264,103 (-55.1%), from €479,242 to €215,139
- Other operating charges -€51,205
down €51,205 (-90.6%), from €56,535 to €5,330
- Financial charges -€48,643
down €48,643 (-36.0%), from €134,993 to €86,350
- Taxes +€27,979
up €27,979 (+5,721%), from €489 to €28,468
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.
Derived cash bridge
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 | €680,883 | €539,219 | -€141,663 | -20.8% |
| Fixed assets | 21/28 | €87,118 | €93,626 | +€6,508 | +7.5% |
| Intangible fixed assets | 21 | €4,278 | - | -€4,278 | |
| Tangible fixed assets | 22/27 | €53,237 | €81,503 | +€28,266 | +53.1% |
| Furniture and vehicles | 24 | €5,321 | €5,816 | +€495 | +9.3% |
| Other tangible fixed assets | 26 | €47,916 | €75,688 | +€27,772 | +58.0% |
| Financial fixed assets | 28 | €29,603 | €12,123 | -€17,480 | -59.0% |
| Current assets | 29/58 | €593,765 | €445,593 | -€148,172 | -25.0% |
| Amounts receivable after more than one year | 29 | €102,683 | €102,683 | = | 0.0% |
| Other amounts receivable | 291 | €102,683 | €102,683 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €275,272 | €96,234 | -€179,038 | -65.0% |
| Trade receivables | 40 | €180,950 | €606 | -€180,344 | -99.7% |
| Other amounts receivable | 41 | €94,323 | €95,628 | +€1,306 | +1.4% |
| Cash at bank and in hand | 54/58 | €215,810 | €246,676 | +€30,866 | +14.3% |
| Total equity and liabilities | 10/49 | €680,883 | €539,219 | -€141,663 | -20.8% |
| Equity | 10/15 | €226,157 | €194,889 | -€31,267 | -13.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 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 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,547 | €134,279 | -€31,267 | -18.9% |
| Amounts payable | 17/49 | €454,726 | €344,330 | -€110,396 | -24.3% |
| Amounts payable after more than one year | 17 | - | €28,121 | +€28,121 | |
| Financial debts | 170/4 | - | €28,121 | +€28,121 | |
| Amounts payable within one year | 42/48 | €454,726 | €316,209 | -€138,517 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €2,809 | €5,938 | +€3,130 | +111% |
| Trade debts | 44 | €222,837 | €102,287 | -€120,550 | -54.1% |
| Suppliers | 440/4 | €222,837 | €102,287 | -€120,550 | -54.1% |
| Taxes, remuneration and social security | 45 | €229,080 | €104,453 | -€124,627 | -54.4% |
| Taxes | 450/3 | €42,671 | €55,137 | +€12,466 | +29.2% |
| Remuneration and social security | 454/9 | €186,410 | €49,317 | -€137,093 | -73.5% |
| Other amounts payable | 47/48 | - | €103,530 | +€103,530 | |
| Non-recurring operating income | 76A | €135,000 | - | -€135,000 | |
| Remuneration, social security and pensions | 62 | €479,242 | €215,139 | -€264,103 | -55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,116 | €19,784 | -€25,333 | -56.1% |
| Other operating charges | 640/8 | €56,535 | €5,330 | -€51,205 | -90.6% |
| Non-recurring operating charges | 66A | €110,039 | - | -€110,039 | |
| Gross operating margin | 9900 | €831,015 | €423,801 | -€407,213 | -49.0% |
| Operating profit (loss) | 9901 | €140,083 | €183,548 | +€43,465 | +31.0% |
| Financial income | 75/76B | €4,073 | €3 | -€4,070 | -99.9% |
| Recurring financial income | 75 | €4,073 | €3 | -€4,070 | -99.9% |
| Financial charges | 65/66B | €134,993 | €86,350 | -€48,643 | -36.0% |
| Recurring financial charges | 65 | €134,993 | €86,350 | -€48,643 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €9,162 | €97,201 | +€88,038 | +961% |
| Income taxes | 67/77 | €489 | €28,468 | +€27,979 | +5,721% |
| Profit (loss) for the period | 9904 | €8,673 | €68,733 | +€60,059 | +692% |
| Profit (loss) for the period to be appropriated | 9905 | €8,673 | €68,733 | +€60,059 | +692% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.