LAMARA INVEST: 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.
LAMARA INVEST
Largest movements
- Tangible fixed assets +€275,153
up €275,153 (+47.6%), from €577,776 to €852,929
- Formation expenses +€34,066
up €34,066 (+46.7%), from €72,884 to €106,950
- Debts after one year +€255,450
up €255,450 (+44.3%), from €576,505 to €831,955
- Other debts +€46,723
up €46,723 (+19.6%), from €237,831 to €284,554
- Current portion of long-term debt +€11,644
up €11,644 (+38.3%), from €30,431 to €42,074
- Gross operating margin -€9,435
down €9,435 (-14.6%), from €64,471 to €55,036
- Other operating charges +€3,315
new in 2025: €3,315
- Depreciation +€2,234
up €2,234 (+8.6%), from €26,047 to €28,281
- Financial charges +€1,627
up €1,627 (+5.5%), from €29,695 to €31,323
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 | €845,410 | €1,156,007 | +€310,598 | +36.7% |
| Formation expenses | 20 | €72,884 | €106,950 | +€34,066 | +46.7% |
| Fixed assets | 21/28 | €757,776 | €1,032,929 | +€275,153 | +36.3% |
| Tangible fixed assets | 22/27 | €577,776 | €852,929 | +€275,153 | +47.6% |
| Land and buildings | 22 | €577,776 | €852,929 | +€275,153 | +47.6% |
| Financial fixed assets | 28 | €180,000 | €180,000 | = | 0.0% |
| Current assets | 29/58 | €14,750 | €16,129 | +€1,379 | +9.4% |
| Cash at bank and in hand | 54/58 | €6,024 | €6,179 | +€155 | +2.6% |
| Deferred charges and accrued income | 490/1 | €8,726 | €9,950 | +€1,224 | +14.0% |
| Total equity and liabilities | 10/49 | €845,410 | €1,156,007 | +€310,598 | +36.7% |
| Equity | 10/15 | -€5,075 | -€12,958 | -€7,883 | -155% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,575 | -€14,458 | -€7,883 | -120% |
| Amounts payable | 17/49 | €850,485 | €1,168,966 | +€318,481 | +37.4% |
| Amounts payable after more than one year | 17 | €576,505 | €831,955 | +€255,450 | +44.3% |
| Financial debts | 170/4 | €576,505 | €831,955 | +€255,450 | +44.3% |
| Amounts payable within one year | 42/48 | €268,543 | €329,820 | +€61,277 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €30,431 | €42,074 | +€11,644 | +38.3% |
| Trade debts | 44 | €282 | €3,192 | +€2,910 | +1,033% |
| Suppliers | 440/4 | €282 | €3,192 | +€2,910 | +1,033% |
| Other amounts payable | 47/48 | €237,831 | €284,554 | +€46,723 | +19.6% |
| Accrued charges and deferred income | 492/3 | €5,437 | €7,191 | +€1,754 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,047 | €28,281 | +€2,234 | +8.6% |
| Other operating charges | 640/8 | - | €3,315 | +€3,315 | |
| Gross operating margin | 9900 | €64,471 | €55,036 | -€9,435 | -14.6% |
| Operating profit (loss) | 9901 | €38,424 | €23,439 | -€14,984 | -39.0% |
| Financial charges | 65/66B | €29,695 | €31,323 | +€1,627 | +5.5% |
| Recurring financial charges | 65 | €29,695 | €31,323 | +€1,627 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €8,729 | -€7,883 | -€16,612 | |
| Profit (loss) for the period | 9904 | €8,729 | -€7,883 | -€16,612 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,729 | -€7,883 | -€16,612 |
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 28 October 2026 via checked.be.