LAMAR MANAGEMENT: 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.
LAMAR MANAGEMENT
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+358.3%), from €363,243 to €1.7m
of which Land and buildings: +€1.3m
- Debts after one year +€1.2m
up €1.2m (+337.2%), from €368,904 to €1.6m
of which Financial debts: +€1.1m
- Current portion of long-term debt +€55,482
up €55,482 (+406.2%), from €13,660 to €69,142
- Depreciation +€11,075
up €11,075 (+94.0%), from €11,787 to €22,862
- Gross operating margin +€9,814
up €9,814 (+46.0%), from €21,327 to €31,141
- Financial charges +€8,547
up €8,547 (+124.7%), from €6,853 to €15,400
- Other operating charges +€1,257
up €1,257 (+93.4%), from €1,346 to €2,604
- Taxes -€981
down €981 (-87.4%), from €1,122 to €141
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 | €677,289 | €1,977,218 | +€1.3m | +191.9% |
| Fixed assets | 21/28 | €669,643 | €1,971,255 | +€1.3m | +194.4% |
| Tangible fixed assets | 22/27 | €363,243 | €1,664,855 | +€1.3m | +358.3% |
| Land and buildings | 22 | €360,240 | €1,663,354 | +€1.3m | +361.7% |
| Plant, machinery and equipment | 23 | €3,003 | €1,502 | -€1,502 | -50.0% |
| Financial fixed assets | 28 | €306,400 | €306,400 | = | 0.0% |
| Current assets | 29/58 | €7,646 | €5,963 | -€1,683 | -22.0% |
| Amounts receivable within one year | 40/41 | €3,018 | €12 | -€3,006 | -99.6% |
| Other amounts receivable | 41 | €3,018 | €12 | -€3,006 | -99.6% |
| Cash at bank and in hand | 54/58 | €4,628 | €5,950 | +€1,323 | +28.6% |
| Total equity and liabilities | 10/49 | €677,289 | €1,977,218 | +€1.3m | +191.9% |
| Equity | 10/15 | €288,985 | €279,121 | -€9,865 | -3.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €258,985 | €249,121 | -€9,865 | -3.8% |
| Distributable reserves | 133 | €258,985 | €249,121 | -€9,865 | -3.8% |
| Amounts payable | 17/49 | €388,303 | €1,698,097 | +€1.3m | +337.3% |
| Amounts payable after more than one year | 17 | €368,904 | €1,612,969 | +€1.2m | +337.2% |
| Financial debts | 170/4 | €239,088 | €1,334,286 | +€1.1m | +458.1% |
| Other amounts payable | 178/9 | €129,817 | €278,683 | +€148,867 | +114.7% |
| Amounts payable within one year | 42/48 | €17,173 | €80,603 | +€63,430 | +369.4% |
| Current portion of amounts payable after more than one year | 42 | €13,660 | €69,142 | +€55,482 | +406.2% |
| Trade debts | 44 | €1,716 | €5,948 | +€4,233 | +246.7% |
| Suppliers | 440/4 | €1,716 | €5,948 | +€4,233 | +246.7% |
| Taxes, remuneration and social security | 45 | €1,797 | €5,513 | +€3,716 | +206.7% |
| Taxes | 450/3 | €1,797 | €5,513 | +€3,716 | +206.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,226 | €4,525 | +€2,299 | +103.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,787 | €22,862 | +€11,075 | +94.0% |
| Other operating charges | 640/8 | €1,346 | €2,604 | +€1,257 | +93.4% |
| Gross operating margin | 9900 | €21,327 | €31,141 | +€9,814 | +46.0% |
| Operating profit (loss) | 9901 | €8,194 | €5,676 | -€2,519 | -30.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €6,853 | €15,400 | +€8,547 | +124.7% |
| Recurring financial charges | 65 | €6,853 | €15,400 | +€8,547 | +124.7% |
| Profit (loss) for the period before taxes | 9903 | €1,342 | -€9,724 | -€11,066 | |
| Income taxes | 67/77 | €1,122 | €141 | -€981 | -87.4% |
| Profit (loss) for the period | 9904 | €220 | -€9,865 | -€10,084 | |
| Profit (loss) for the period to be appropriated | 9905 | €220 | -€9,865 | -€10,084 |
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 11 October 2026 via checked.be.