LAMARCO: 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.
LAMARCO
Largest movements
- Tangible fixed assets -€32,552
down €32,552 (-12.1%), from €267,967 to €235,415
of which Land and buildings: -€20,307
- Receivables within one year +€11,608
up €11,608 (+43.1%), from €26,903 to €38,510
of which Other amounts receivable: +€7,968
- Cash +€7,083
up €7,083 (+12.8%), from €55,463 to €62,546
mainly Depreciation (+€32,552) and Net result for the year (+€22,032)
- Debts after one year -€25,754
down €25,754 (-12.0%), from €214,918 to €189,164
- Tax, wage and social debts -€16,978
down €16,978 (-50.9%), from €33,335 to €16,356
of which Taxes: -€17,009
- Reserves +€14,000
up €14,000 (+23.6%), from €59,260 to €73,260
- Other debts +€8,000
new in 2025: €8,000
- Trade debts +€4,642
up €4,642 (+121.7%), from €3,814 to €8,455
- Gross operating margin -€31,096
down €31,096 (-29.2%), from €106,644 to €75,548
- Taxes -€9,259
down €9,259 (-55.8%), from €16,587 to €7,327
- Financial charges -€1,160
down €1,160 (-9.2%), from €12,562 to €11,402
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 | €354,913 | €340,067 | -€14,846 | -4.2% |
| Fixed assets | 21/28 | €268,087 | €235,535 | -€32,552 | -12.1% |
| Tangible fixed assets | 22/27 | €267,967 | €235,415 | -€32,552 | -12.1% |
| Land and buildings | 22 | €224,221 | €203,914 | -€20,307 | -9.1% |
| Plant, machinery and equipment | 23 | €22,769 | €19,459 | -€3,310 | -14.5% |
| Furniture and vehicles | 24 | €20,977 | €12,042 | -€8,935 | -42.6% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €86,826 | €104,532 | +€17,706 | +20.4% |
| Amounts receivable within one year | 40/41 | €26,903 | €38,510 | +€11,608 | +43.1% |
| Trade receivables | 40 | €25,507 | €29,147 | +€3,639 | +14.3% |
| Other amounts receivable | 41 | €1,395 | €9,364 | +€7,968 | +571.0% |
| Cash at bank and in hand | 54/58 | €55,463 | €62,546 | +€7,083 | +12.8% |
| Deferred charges and accrued income | 490/1 | €4,460 | €3,476 | -€985 | -22.1% |
| Total equity and liabilities | 10/49 | €354,913 | €340,067 | -€14,846 | -4.2% |
| Equity | 10/15 | €78,305 | €92,337 | +€14,032 | +17.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €59,260 | €73,260 | +€14,000 | +23.6% |
| Distributable reserves | 133 | €59,260 | €73,260 | +€14,000 | +23.6% |
| Profit (loss) carried forward | 14 | €12,845 | €12,877 | +€32 | +0.2% |
| Amounts payable | 17/49 | €276,608 | €247,730 | -€28,878 | -10.4% |
| Amounts payable after more than one year | 17 | €214,918 | €189,164 | -€25,754 | -12.0% |
| Financial debts | 170/4 | €214,918 | €189,164 | -€25,754 | -12.0% |
| Amounts payable within one year | 42/48 | €61,690 | €58,566 | -€3,123 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €24,541 | €25,754 | +€1,213 | +4.9% |
| Trade debts | 44 | €3,814 | €8,455 | +€4,642 | +121.7% |
| Suppliers | 440/4 | €3,814 | €8,455 | +€4,642 | +121.7% |
| Taxes, remuneration and social security | 45 | €33,335 | €16,356 | -€16,978 | -50.9% |
| Taxes | 450/3 | €28,081 | €11,072 | -€17,009 | -60.6% |
| Remuneration and social security | 454/9 | €5,254 | €5,285 | +€30 | +0.6% |
| Other amounts payable | 47/48 | - | €8,000 | +€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,525 | €32,552 | +€27 | +0.1% |
| Other operating charges | 640/8 | €2,756 | €2,248 | -€508 | -18.4% |
| Gross operating margin | 9900 | €106,644 | €75,548 | -€31,096 | -29.2% |
| Operating profit (loss) | 9901 | €71,364 | €40,749 | -€30,615 | -42.9% |
| Financial income | 75/76B | €30 | €12 | -€18 | -60.2% |
| Recurring financial income | 75 | €30 | €12 | -€18 | -60.2% |
| Financial charges | 65/66B | €12,562 | €11,402 | -€1,160 | -9.2% |
| Recurring financial charges | 65 | €12,562 | €11,402 | -€1,160 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €58,832 | €29,359 | -€29,473 | -50.1% |
| Income taxes | 67/77 | €16,587 | €7,327 | -€9,259 | -55.8% |
| Profit (loss) for the period | 9904 | €42,246 | €22,032 | -€20,213 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,246 | €22,032 | -€20,213 | -47.8% |
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 6 October 2026 via checked.be.