LAMAGY: 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.
LAMAGY
Largest movements
- Cash +€48,696
up €48,696 (+96.8%), from €50,283 to €98,979
mainly Net result for the year (+€55,594) and Tax, wage and social debts (+€925)
- Deferred charges and accrued income +€5,555
up €5,555 (+44.4%), from €12,524 to €18,078
- Reserves +€54,761
up €54,761 (+119%), from €46,035 to €100,795
- Other debts -€1,535
down €1,535 (-16.7%), from €9,214 to €7,679
- Gross operating margin +€8,556
up €8,556 (+12.4%), from €68,756 to €77,312
- Depreciation -€2,980
no longer reported in 2025 (was €2,980)
- Taxes +€2,830
up €2,830 (+15.3%), from €18,545 to €21,375
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 | €62,807 | €117,057 | +€54,250 | +86.4% |
| Current assets | 29/58 | €62,807 | €117,057 | +€54,250 | +86.4% |
| Cash at bank and in hand | 54/58 | €50,283 | €98,979 | +€48,696 | +96.8% |
| Deferred charges and accrued income | 490/1 | €12,524 | €18,078 | +€5,555 | +44.4% |
| Total equity and liabilities | 10/49 | €62,807 | €117,057 | +€54,250 | +86.4% |
| Equity | 10/15 | €48,035 | €102,795 | +€54,761 | +114% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €46,035 | €100,795 | +€54,761 | +119% |
| Distributable reserves | 133 | €46,035 | €100,795 | +€54,761 | +119% |
| Amounts payable | 17/49 | €14,772 | €14,262 | -€510 | -3.5% |
| Amounts payable within one year | 42/48 | €14,772 | €13,947 | -€825 | -5.6% |
| Trade debts | 44 | €468 | €253 | -€215 | -45.9% |
| Suppliers | 440/4 | €468 | €253 | -€215 | -45.9% |
| Taxes, remuneration and social security | 45 | €5,091 | €6,015 | +€925 | +18.2% |
| Taxes | 450/3 | €4,795 | €5,719 | +€925 | +19.3% |
| Remuneration and social security | 454/9 | €296 | €296 | = | 0.0% |
| Other amounts payable | 47/48 | €9,214 | €7,679 | -€1,535 | -16.7% |
| Accrued charges and deferred income | 492/3 | - | €314 | +€314 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,980 | - | -€2,980 | |
| Gross operating margin | 9900 | €68,756 | €77,312 | +€8,556 | +12.4% |
| Operating profit (loss) | 9901 | €65,776 | €77,312 | +€11,536 | +17.5% |
| Financial charges | 65/66B | €337 | €343 | +€6 | +1.7% |
| Recurring financial charges | 65 | €337 | €343 | +€6 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €65,438 | €76,968 | +€11,530 | +17.6% |
| Income taxes | 67/77 | €18,545 | €21,375 | +€2,830 | +15.3% |
| Profit (loss) for the period | 9904 | €46,894 | €55,594 | +€8,700 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,894 | €55,594 | +€8,700 | +18.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.