Lamaire-Sander: 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.
Lamaire-Sander
Largest movements
- Tangible fixed assets +€515,667
up €515,667 (+35.3%), from €1.5m to €2.0m
of which Land and buildings: +€486,112
- Receivables within one year +€327,734
up €327,734 (+80.9%), from €404,969 to €732,703
of which Other amounts receivable: +€269,997
- Cash +€292,548
up €292,548 (+95.9%), from €304,918 to €597,466
mainly Other debts (+€1.1m) and Debts after one year (+€373,765)
- Other debts +€1.1m
up €1.1m (+167%), from €648,853 to €1.7m
- Profit (loss) carried forward -€455,638
new in 2024: -€455,638
- Debts after one year +€373,765
up €373,765 (+73.7%), from €506,823 to €880,588
- Trade debts +€220,678
up €220,678 (+1,002%), from €22,027 to €242,704
- Reserves -€132,384
down €132,384 (-14.5%), from €914,623 to €782,239
- Gross operating margin -€259,758
down €259,758 (-206%), from -€125,801 to -€385,558
- Other operating charges +€40,917
up €40,917 (+453%), from €9,026 to €49,943
- Depreciation +€28,245
up €28,245 (+25.6%), from €110,160 to €138,406
- Financial charges +€23,275
up €23,275 (+156%), from €14,905 to €38,180
- Taxes +€18,044
up €18,044, from -€15,043 to €3,001
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 | €2,177,853 | €3,320,537 | +€1.1m | +52.5% |
| Fixed assets | 21/28 | €1,463,698 | €1,978,311 | +€514,613 | +35.2% |
| Intangible fixed assets | 21 | €2,063 | €1,008 | -€1,054 | -51.1% |
| Tangible fixed assets | 22/27 | €1,461,135 | €1,976,802 | +€515,667 | +35.3% |
| Land and buildings | 22 | €1,268,818 | €1,754,930 | +€486,112 | +38.3% |
| Plant, machinery and equipment | 23 | €18,756 | €11,804 | -€6,951 | -37.1% |
| Furniture and vehicles | 24 | €63,715 | €128,198 | +€64,482 | +101% |
| Leasing and similar rights | 25 | €38,727 | €10,751 | -€27,975 | -72.2% |
| Other tangible fixed assets | 26 | €71,119 | €71,119 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €714,155 | €1,342,227 | +€628,071 | +87.9% |
| Amounts receivable within one year | 40/41 | €404,969 | €732,703 | +€327,734 | +80.9% |
| Trade receivables | 40 | €1,757 | €59,494 | +€57,737 | +3,287% |
| Other amounts receivable | 41 | €403,212 | €673,209 | +€269,997 | +67.0% |
| Cash at bank and in hand | 54/58 | €304,918 | €597,466 | +€292,548 | +95.9% |
| Deferred charges and accrued income | 490/1 | €4,268 | €12,058 | +€7,789 | +182% |
| Total equity and liabilities | 10/49 | €2,177,853 | €3,320,537 | +€1.1m | +52.5% |
| Equity | 10/15 | €915,623 | €327,602 | -€588,022 | -64.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €914,623 | €782,239 | -€132,384 | -14.5% |
| Distributable reserves | 133 | €914,623 | €782,239 | -€132,384 | -14.5% |
| Profit (loss) carried forward | 14 | - | -€455,638 | -€455,638 | |
| Amounts payable | 17/49 | €1,262,230 | €2,992,936 | +€1.7m | +137% |
| Amounts payable after more than one year | 17 | €506,823 | €880,588 | +€373,765 | +73.7% |
| Financial debts | 170/4 | €506,823 | €880,588 | +€373,765 | +73.7% |
| Amounts payable within one year | 42/48 | €755,407 | €2,111,322 | +€1.4m | +179% |
| Current portion of amounts payable after more than one year | 42 | €74,558 | €118,945 | +€44,387 | +59.5% |
| Financial debts | 43 | €8,503 | €8,456 | -€47 | -0.6% |
| Credit institutions | 430/8 | €8,503 | €8,456 | -€47 | -0.6% |
| Trade debts | 44 | €22,027 | €242,704 | +€220,678 | +1,002% |
| Suppliers | 440/4 | €22,027 | €242,704 | +€220,678 | +1,002% |
| Taxes, remuneration and social security | 45 | €1,467 | €9,998 | +€8,532 | +582% |
| Taxes | 450/3 | €1,467 | €9,998 | +€8,532 | +582% |
| Other amounts payable | 47/48 | €648,853 | €1,731,219 | +€1.1m | +167% |
| Accrued charges and deferred income | 492/3 | - | €1,025 | +€1,025 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,160 | €138,406 | +€28,245 | +25.6% |
| Other operating charges | 640/8 | €9,026 | €49,943 | +€40,917 | +453% |
| Non-recurring operating charges | 66A | €8,892 | - | -€8,892 | |
| Gross operating margin | 9900 | -€125,801 | -€385,558 | -€259,758 | -206% |
| Operating profit (loss) | 9901 | -€253,879 | -€573,907 | -€320,028 | -126% |
| Financial income | 75/76B | €12,868 | €27,067 | +€14,198 | +110% |
| Recurring financial income | 75 | €12,868 | €27,067 | +€14,198 | +110% |
| Financial charges | 65/66B | €14,905 | €38,180 | +€23,275 | +156% |
| Recurring financial charges | 65 | €14,905 | €38,180 | +€23,275 | +156% |
| Profit (loss) for the period before taxes | 9903 | -€255,916 | -€585,021 | -€329,105 | -129% |
| Income taxes | 67/77 | -€15,043 | €3,001 | +€18,044 | |
| Profit (loss) for the period | 9904 | -€240,873 | -€588,022 | -€347,149 | -144% |
| Profit (loss) for the period to be appropriated | 9905 | -€240,873 | -€588,022 | -€347,149 | -144% |
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 31 October 2026 via checked.be.