LAMAR CONSTRUCT: what changed
LAMAR CONSTRUCT
Largest movements
- Receivables within one year +€21,874
up €21,874 (+43.7%), from €50,018 to €71,893
of which Trade receivables: +€18,462
- Tangible fixed assets +€18,106
up €18,106 (+1,802%), from €1,005 to €19,111
- Cash -€3,002
down €3,002 (-75.3%), from €3,987 to €985
mainly Receivables within one year (-€21,874) and Investment in fixed assets (net) (-€21,500)
- Profit (loss) carried forward +€42,611
up €42,611 (+320%), from €13,322 to €55,933
- Tax, wage and social debts -€5,602
no longer reported in 2025 (was €5,602)
- Other debts -€3,728
down €3,728 (-27.3%), from €13,679 to €9,951
- Trade debts +€3,698
up €3,698 (+21.2%), from €17,408 to €21,106
- Gross operating margin +€32,910
up €32,910 (+232%), from €14,203 to €47,113
- Depreciation +€2,277
up €2,277 (+204%), from €1,117 to €3,394
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,011 | €91,989 | +€36,979 | +67.2% |
| Fixed assets | 21/28 | €1,005 | €19,111 | +€18,106 | +1,802% |
| Tangible fixed assets | 22/27 | €1,005 | €19,111 | +€18,106 | +1,802% |
| Furniture and vehicles | 24 | €1,005 | €19,111 | +€18,106 | +1,802% |
| Current assets | 29/58 | €54,006 | €72,878 | +€18,873 | +34.9% |
| Amounts receivable within one year | 40/41 | €50,018 | €71,893 | +€21,874 | +43.7% |
| Trade receivables | 40 | €34,026 | €52,488 | +€18,462 | +54.3% |
| Other amounts receivable | 41 | €15,992 | €19,404 | +€3,412 | +21.3% |
| Cash at bank and in hand | 54/58 | €3,987 | €985 | -€3,002 | -75.3% |
| Total equity and liabilities | 10/49 | €55,011 | €91,989 | +€36,979 | +67.2% |
| Equity | 10/15 | €18,322 | €60,933 | +€42,611 | +233% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,322 | €55,933 | +€42,611 | +320% |
| Amounts payable | 17/49 | €36,689 | €31,056 | -€5,633 | -15.4% |
| Amounts payable within one year | 42/48 | €36,689 | €31,056 | -€5,633 | -15.4% |
| Trade debts | 44 | €17,408 | €21,106 | +€3,698 | +21.2% |
| Suppliers | 440/4 | €17,408 | €21,106 | +€3,698 | +21.2% |
| Taxes, remuneration and social security | 45 | €5,602 | - | -€5,602 | |
| Remuneration and social security | 454/9 | €5,602 | - | -€5,602 | |
| Other amounts payable | 47/48 | €13,679 | €9,951 | -€3,728 | -27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,117 | €3,394 | +€2,277 | +204% |
| Other operating charges | 640/8 | €816 | €876 | +€61 | +7.4% |
| Gross operating margin | 9900 | €14,203 | €47,113 | +€32,910 | +232% |
| Operating profit (loss) | 9901 | €12,271 | €42,842 | +€30,572 | +249% |
| Financial charges | 65/66B | €302 | €231 | -€72 | -23.7% |
| Recurring financial charges | 65 | €302 | €231 | -€72 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €11,968 | €42,611 | +€30,643 | +256% |
| Profit (loss) for the period | 9904 | €11,968 | €42,611 | +€30,643 | +256% |
| Profit (loss) for the period to be appropriated | 9905 | €11,968 | €42,611 | +€30,643 | +256% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.