LAMA: 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.
LAMA
Largest movements
- Tangible fixed assets -€25,605
down €25,605 (-11.3%), from €225,981 to €200,376
of which Other tangible fixed assets: -€15,885
- Receivables within one year -€4,349
no longer reported in 2025 (was €4,349)
- Other debts -€29,708
down €29,708 (-32.3%), from €92,083 to €62,375
- Depreciation +€328
up €328 (+1.3%), from €25,277 to €25,605
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.
Cash bridge derived
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 | €230,522 | €200,612 | -€29,910 | -13.0% |
| Fixed assets | 21/28 | €225,981 | €200,376 | -€25,605 | -11.3% |
| Tangible fixed assets | 22/27 | €225,981 | €200,376 | -€25,605 | -11.3% |
| Land and buildings | 22 | €200,158 | €190,438 | -€9,720 | -4.9% |
| Other tangible fixed assets | 26 | €25,823 | €9,938 | -€15,885 | -61.5% |
| Current assets | 29/58 | €4,541 | €236 | -€4,305 | -94.8% |
| Amounts receivable within one year | 40/41 | €4,349 | - | -€4,349 | |
| Trade receivables | 40 | €4,349 | - | -€4,349 | |
| Cash at bank and in hand | 54/58 | €192 | €236 | +€44 | +22.9% |
| Total equity and liabilities | 10/49 | €230,522 | €200,612 | -€29,910 | -13.0% |
| Equity | 10/15 | €138,439 | €138,237 | -€202 | -0.1% |
| Contributions | 10/11 | €168,568 | €168,568 | = | 0.0% |
| Capital | 10 | €168,568 | - | -€168,568 | |
| Issued capital | 100 | €168,568 | - | -€168,568 | |
| Reserves | 13 | €1,448 | €1,448 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,448 | €1,448 | = | 0.0% |
| Legal reserve | 130 | €1,448 | - | -€1,448 | |
| Other | 1319 | - | €1,448 | +€1,448 | |
| Profit (loss) carried forward | 14 | -€31,577 | -€31,779 | -€202 | -0.6% |
| Amounts payable | 17/49 | €92,083 | €62,375 | -€29,708 | -32.3% |
| Amounts payable within one year | 42/48 | €92,083 | €62,375 | -€29,708 | -32.3% |
| Other amounts payable | 47/48 | €92,083 | €62,375 | -€29,708 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,277 | €25,605 | +€328 | +1.3% |
| Other operating charges | 640/8 | €4,275 | €4,410 | +€135 | +3.2% |
| Gross operating margin | 9900 | €29,975 | €29,869 | -€106 | -0.4% |
| Operating profit (loss) | 9901 | €423 | -€146 | -€569 | |
| Financial charges | 65/66B | €54 | €56 | +€2 | +3.7% |
| Recurring financial charges | 65 | €54 | €56 | +€2 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €369 | -€202 | -€571 | |
| Profit (loss) for the period | 9904 | €369 | -€202 | -€571 | |
| Profit (loss) for the period to be appropriated | 9905 | €369 | -€202 | -€571 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.