Lama & Co: 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.
Lama & Co
Largest movements
- Tangible fixed assets +€106,799
up €106,799 (+6,830%), from €1,564 to €108,363
of which Land and buildings: +€107,140
- Current investments +€25,028
up €25,028 (+167%), from €15,000 to €40,028
- Cash +€23,928
up €23,928 (+1,190%), from €2,011 to €25,939
mainly Debts after one year (+€75,952) and Net result for the year (+€62,617)
- Debts after one year +€75,952
new in 2025: €75,952
- Reserves +€60,951
up €60,951 (+400%), from €15,236 to €76,187
- Tax, wage and social debts +€10,688
up €10,688 (+77.7%), from €13,754 to €24,442
- Current portion of long-term debt +€7,679
new in 2025: €7,679
- Gross operating margin +€62,524
up €62,524 (+264%), from €23,701 to €86,225
- Taxes +€12,198
up €12,198 (+256%), from €4,770 to €16,968
- Financial charges +€2,771
up €2,771 (+447%), from €620 to €3,391
- Depreciation +€2,109
up €2,109 (+193%), from €1,092 to €3,201
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 | €37,205 | €192,729 | +€155,523 | +418% |
| Fixed assets | 21/28 | €1,564 | €108,363 | +€106,799 | +6,830% |
| Tangible fixed assets | 22/27 | €1,564 | €108,363 | +€106,799 | +6,830% |
| Land and buildings | 22 | - | €107,140 | +€107,140 | |
| Plant, machinery and equipment | 23 | €1,564 | €1,223 | -€340 | -21.8% |
| Current assets | 29/58 | €35,642 | €84,366 | +€48,724 | +137% |
| Amounts receivable within one year | 40/41 | €16,732 | €15,210 | -€1,522 | -9.1% |
| Trade receivables | 40 | €15,125 | €15,210 | +€85 | +0.6% |
| Other amounts receivable | 41 | €1,607 | - | -€1,607 | |
| Current investments | 50/53 | €15,000 | €40,028 | +€25,028 | +167% |
| Cash at bank and in hand | 54/58 | €2,011 | €25,939 | +€23,928 | +1,190% |
| Deferred charges and accrued income | 490/1 | €1,899 | €3,189 | +€1,290 | +67.9% |
| Total equity and liabilities | 10/49 | €37,205 | €192,729 | +€155,523 | +418% |
| Equity | 10/15 | €16,436 | €77,387 | +€60,951 | +371% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €15,236 | €76,187 | +€60,951 | +400% |
| Distributable reserves | 133 | €15,236 | €76,187 | +€60,951 | +400% |
| Amounts payable | 17/49 | €20,770 | €115,342 | +€94,572 | +455% |
| Amounts payable after more than one year | 17 | - | €75,952 | +€75,952 | |
| Financial debts | 170/4 | - | €75,952 | +€75,952 | |
| Amounts payable within one year | 42/48 | €20,338 | €39,390 | +€19,052 | +93.7% |
| Current portion of amounts payable after more than one year | 42 | - | €7,679 | +€7,679 | |
| Trade debts | 44 | €1,716 | €2,285 | +€569 | +33.2% |
| Suppliers | 440/4 | €1,716 | €2,285 | +€569 | +33.2% |
| Taxes, remuneration and social security | 45 | €13,754 | €24,442 | +€10,688 | +77.7% |
| Taxes | 450/3 | €13,754 | €24,442 | +€10,688 | +77.7% |
| Other amounts payable | 47/48 | €4,868 | €4,984 | +€116 | +2.4% |
| Accrued charges and deferred income | 492/3 | €432 | - | -€432 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,092 | €3,201 | +€2,109 | +193% |
| Other operating charges | 640/8 | €318 | €604 | +€286 | +89.8% |
| Gross operating margin | 9900 | €23,701 | €86,225 | +€62,524 | +264% |
| Operating profit (loss) | 9901 | €22,292 | €82,421 | +€60,129 | +270% |
| Financial income | 75/76B | - | €556 | +€556 | |
| Recurring financial income | 75 | - | €556 | +€556 | |
| Financial charges | 65/66B | €620 | €3,391 | +€2,771 | +447% |
| Recurring financial charges | 65 | €620 | €3,391 | +€2,771 | +447% |
| Profit (loss) for the period before taxes | 9903 | €21,672 | €79,586 | +€57,914 | +267% |
| Income taxes | 67/77 | €4,770 | €16,968 | +€12,198 | +256% |
| Profit (loss) for the period | 9904 | €16,902 | €62,617 | +€45,716 | +270% |
| Profit (loss) for the period to be appropriated | 9905 | €16,902 | €62,617 | +€45,716 | +270% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.