LAM & DAH 2: 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 2
Largest movements
- Receivables within one year -€1.4m
down €1.4m (-99.0%), from €1.5m to €15,013
of which Other amounts receivable: -€968,760
- Receivables after one year +€952,267
new in 2024: €952,267
- Tangible fixed assets -€49,668
down €49,668 (-19.5%), from €254,260 to €204,592
of which Other tangible fixed assets: -€39,504
- Trade debts -€628,843
down €628,843 (-86.2%), from €729,370 to €100,527
- Profit (loss) carried forward +€113,563
up €113,563 (+25.7%), from €442,276 to €555,839
- Other debts +€71,840
up €71,840 (+42.2%), from €170,301 to €242,141
- Advances received -€45,806
no longer reported in 2024 (was €45,806)
- Tax, wage and social debts -€29,008
down €29,008 (-9.6%), from €300,796 to €271,789
of which Taxes: -€50,567
- Gross operating margin +€206,076
up €206,076 (+45.4%), from €454,317 to €660,392
- Staff costs +€61,003
up €61,003 (+21.5%), from €283,862 to €344,865
- Taxes +€38,229
up €38,229 (+179%), from €21,335 to €59,564
- Financial charges +€6,948
up €6,948 (+12.0%), from €57,669 to €64,616
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 | €1,772,846 | €1,222,230 | -€550,616 | -31.1% |
| Fixed assets | 21/28 | €276,987 | €223,032 | -€53,954 | -19.5% |
| Intangible fixed assets | 21 | €5,351 | €1,065 | -€4,286 | -80.1% |
| Tangible fixed assets | 22/27 | €254,260 | €204,592 | -€49,668 | -19.5% |
| Furniture and vehicles | 24 | €24,855 | €14,691 | -€10,164 | -40.9% |
| Other tangible fixed assets | 26 | €229,406 | €189,901 | -€39,504 | -17.2% |
| Financial fixed assets | 28 | €17,375 | €17,375 | = | 0.0% |
| Current assets | 29/58 | €1,495,859 | €999,197 | -€496,662 | -33.2% |
| Amounts receivable after more than one year | 29 | - | €952,267 | +€952,267 | |
| Trade receivables | 290 | - | €952,267 | +€952,267 | |
| Stocks and contracts in progress | 3 | €3,859 | €6,937 | +€3,078 | +79.8% |
| Stocks | 30/36 | €3,859 | €6,937 | +€3,078 | +79.8% |
| Amounts receivable within one year | 40/41 | €1,462,746 | €15,013 | -€1.4m | -99.0% |
| Trade receivables | 40 | €478,973 | €0 | -€478,973 | -100% |
| Other amounts receivable | 41 | €983,773 | €15,013 | -€968,760 | -98.5% |
| Cash at bank and in hand | 54/58 | €25,964 | €24,229 | -€1,735 | -6.7% |
| Deferred charges and accrued income | 490/1 | €3,290 | €751 | -€2,539 | -77.2% |
| Total equity and liabilities | 10/49 | €1,772,846 | €1,222,230 | -€550,616 | -31.1% |
| Equity | 10/15 | €460,876 | €574,439 | +€113,563 | +24.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €442,276 | €555,839 | +€113,563 | +25.7% |
| Amounts payable | 17/49 | €1,311,970 | €647,791 | -€664,179 | -50.6% |
| Amounts payable after more than one year | 17 | €30,210 | €6,165 | -€24,046 | -79.6% |
| Financial debts | 170/4 | €30,210 | €6,165 | -€24,046 | -79.6% |
| Amounts payable within one year | 42/48 | €1,281,759 | €641,626 | -€640,133 | -49.9% |
| Current portion of amounts payable after more than one year | 42 | €35,485 | €27,169 | -€8,316 | -23.4% |
| Trade debts | 44 | €729,370 | €100,527 | -€628,843 | -86.2% |
| Suppliers | 440/4 | €729,370 | €100,527 | -€628,843 | -86.2% |
| Advances received on contracts in progress | 46 | €45,806 | - | -€45,806 | |
| Taxes, remuneration and social security | 45 | €300,796 | €271,789 | -€29,008 | -9.6% |
| Taxes | 450/3 | €201,266 | €150,699 | -€50,567 | -25.1% |
| Remuneration and social security | 454/9 | €99,531 | €121,090 | +€21,559 | +21.7% |
| Other amounts payable | 47/48 | €170,301 | €242,141 | +€71,840 | +42.2% |
| Remuneration, social security and pensions | 62 | €283,862 | €344,865 | +€61,003 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,667 | €56,132 | -€4,535 | -7.5% |
| Other operating charges | 640/8 | €18,768 | €21,651 | +€2,884 | +15.4% |
| Gross operating margin | 9900 | €454,317 | €660,392 | +€206,076 | +45.4% |
| Operating profit (loss) | 9901 | €91,019 | €237,744 | +€146,724 | +161% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €57,669 | €64,616 | +€6,948 | +12.0% |
| Recurring financial charges | 65 | €57,669 | €64,616 | +€6,948 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €33,360 | €173,127 | +€139,767 | +419% |
| Income taxes | 67/77 | €21,335 | €59,564 | +€38,229 | +179% |
| Profit (loss) for the period | 9904 | €12,026 | €113,563 | +€101,538 | +844% |
| Profit (loss) for the period to be appropriated | 9905 | €12,026 | €113,563 | +€101,538 | +844% |
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 17 October 2026 via checked.be.