LAMAINDIS: 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.
LAMAINDIS
Largest movements
- Stocks and contracts -€9,560
down €9,560 (-4.0%), from €236,827 to €227,267
- Cash +€9,108
up €9,108 (+20.3%), from €44,965 to €54,072
mainly Other debts (+€60,000) and Trade debts (+€41,814)
- Tangible fixed assets +€7,697
new in 2025: €7,697
- Receivables within one year -€5,835
down €5,835 (-30.5%), from €19,156 to €13,321
of which Trade receivables: -€4,511
- Deferred charges and accrued income +€3,666
up €3,666 (+211.7%), from €1,732 to €5,398
- Profit (loss) carried forward -€96,477
down €96,477 (-47.8%), from -€201,977 to -€298,454
- Other debts +€60,000
up €60,000 (+24.5%), from €245,000 to €305,000
- Trade debts +€41,814
up €41,814 (+24.0%), from €174,140 to €215,954
- Gross operating margin +€89,857
up €89,857, from -€10,373 to €79,484
- Staff costs +€17,447
up €17,447 (+12.5%), from €139,965 to €157,412
- Other operating charges +€8,588
up €8,588 (+316.6%), from €2,713 to €11,301
- Financial income -€1,201
down €1,201 (-87.4%), from €1,374 to €173
- Depreciation +€889
new in 2025: €889
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 | €313,885 | €319,036 | +€5,152 | +1.6% |
| Fixed assets | 21/28 | €11,206 | €18,978 | +€7,773 | +69.4% |
| Tangible fixed assets | 22/27 | - | €7,697 | +€7,697 | |
| Plant, machinery and equipment | 23 | - | €7,697 | +€7,697 | |
| Financial fixed assets | 28 | €11,206 | €11,281 | +€76 | +0.7% |
| Current assets | 29/58 | €302,679 | €300,058 | -€2,621 | -0.9% |
| Stocks and contracts in progress | 3 | €236,827 | €227,267 | -€9,560 | -4.0% |
| Stocks | 30/36 | €236,827 | €227,267 | -€9,560 | -4.0% |
| Amounts receivable within one year | 40/41 | €19,156 | €13,321 | -€5,835 | -30.5% |
| Trade receivables | 40 | €17,324 | €12,813 | -€4,511 | -26.0% |
| Other amounts receivable | 41 | €1,832 | €508 | -€1,324 | -72.3% |
| Cash at bank and in hand | 54/58 | €44,965 | €54,072 | +€9,108 | +20.3% |
| Deferred charges and accrued income | 490/1 | €1,732 | €5,398 | +€3,666 | +211.7% |
| Total equity and liabilities | 10/49 | €313,885 | €319,036 | +€5,152 | +1.6% |
| Equity | 10/15 | -€129,977 | -€226,454 | -€96,477 | -74.2% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€201,977 | -€298,454 | -€96,477 | -47.8% |
| Amounts payable | 17/49 | €443,862 | €545,491 | +€101,629 | +22.9% |
| Amounts payable within one year | 42/48 | €443,733 | €545,401 | +€101,668 | +22.9% |
| Trade debts | 44 | €174,140 | €215,954 | +€41,814 | +24.0% |
| Suppliers | 440/4 | €174,140 | €215,954 | +€41,814 | +24.0% |
| Taxes, remuneration and social security | 45 | €24,593 | €24,447 | -€146 | -0.6% |
| Taxes | 450/3 | €504 | €513 | +€9 | +1.7% |
| Remuneration and social security | 454/9 | €24,089 | €23,934 | -€155 | -0.6% |
| Other amounts payable | 47/48 | €245,000 | €305,000 | +€60,000 | +24.5% |
| Accrued charges and deferred income | 492/3 | €129 | €89 | -€39 | -30.5% |
| Remuneration, social security and pensions | 62 | €139,965 | €157,412 | +€17,447 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €889 | +€889 | |
| Other operating charges | 640/8 | €2,713 | €11,301 | +€8,588 | +316.6% |
| Gross operating margin | 9900 | -€10,373 | €79,484 | +€89,857 | |
| Operating profit (loss) | 9901 | -€153,051 | -€90,118 | +€62,932 | +41.1% |
| Financial income | 75/76B | €1,374 | €173 | -€1,201 | -87.4% |
| Recurring financial income | 75 | €1,374 | €173 | -€1,201 | -87.4% |
| Financial charges | 65/66B | €7,009 | €6,540 | -€470 | -6.7% |
| Recurring financial charges | 65 | €7,009 | €6,540 | -€470 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€158,686 | -€96,485 | +€62,201 | +39.2% |
| Income taxes | 67/77 | €18 | -€8 | -€26 | |
| Profit (loss) for the period | 9904 | -€158,704 | -€96,477 | +€62,227 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€158,704 | -€96,477 | +€62,227 | +39.2% |
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 8 October 2026 via checked.be.