LAMARIC: 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.
What changed
LAMARIC
NACE 68.121, Development of residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€9,186
2023 · -€27,408+€18,221
Equity
-€121,593
2023 · -€112,407-€9,186
Cash
€2,619
2023 · €6,292-€3,674
Balance sheet total
€550,162
2023 · €605,797-€55,634
Largest movements
Assets
- Tangible fixed assets -€37,676
down €37,676 (-6.5%), from €576,489 to €538,812
- Receivables within one year -€14,314
down €14,314 (-65.1%), from €22,001 to €7,687
of which Trade receivables: -€14,317
Equity and liabilities
- Debts after one year -€100,000
down €100,000 (-14.7%), from €680,158 to €580,158
of which Financial debts: -€100,000
- Other debts +€54,546
up €54,546 (+255.6%), from €21,345 to €75,891
- Profit (loss) carried forward -€7,405
down €7,405 (-1.5%), from -€494,567 to -€501,971
Income statement
- Financial charges -€9,766
down €9,766 (-71.6%), from €13,635 to €3,868
- Gross operating margin +€7,516
up €7,516 (+26.4%), from €28,421 to €35,937
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.
Result 2023
-€27,408
Gross operating margin
+€7,516
Other operating charges
-€162
Other operating items
+€376
Financial income
-€53
Financial charges
+€9,766
Deferred taxes and other
+€779
Result 2024
-€9,186
Cash bridge derived
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.
From operations
+€96,230
Investment
+€97
Financing
-€100,000
Cash 2023
€6,292
From operations (derived)
+€96,230
Net result for the year
-€9,186
Depreciation
+€37,676
Receivables within one year
+€14,314
Smaller working-capital items
-€144
Provisions
-€917
Trade debts
+€1,458
Tax, wage and social debts
-€1,517
Other debts
+€54,546
Investment (derived)
+€97
Investment in fixed assets (net)
+€97
Financing
-€100,000
Debts after one year
-€100,000
Cash 2024
€2,619
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €605,797 | €550,162 | -€55,634 | -9.2% |
| Fixed assets | 21/28 | €576,585 | €538,812 | -€37,773 | -6.6% |
| Tangible fixed assets | 22/27 | €576,489 | €538,812 | -€37,676 | -6.5% |
| Land and buildings | 22 | €283,597 | €276,679 | -€6,918 | -2.4% |
| Plant, machinery and equipment | 23 | €208,491 | €190,624 | -€17,867 | -8.6% |
| Furniture and vehicles | 24 | €26,270 | €19,551 | -€6,719 | -25.6% |
| Other tangible fixed assets | 26 | €58,130 | €51,958 | -€6,172 | -10.6% |
| Financial fixed assets | 28 | €97 | €0 | -€97 | -100.0% |
| Current assets | 29/58 | €29,211 | €11,350 | -€17,861 | -61.1% |
| Amounts receivable within one year | 40/41 | €22,001 | €7,687 | -€14,314 | -65.1% |
| Trade receivables | 40 | €21,994 | €7,678 | -€14,317 | -65.1% |
| Other amounts receivable | 41 | €6 | €9 | +€3 | +42.8% |
| Cash at bank and in hand | 54/58 | €6,292 | €2,619 | -€3,674 | -58.4% |
| Deferred charges and accrued income | 490/1 | €918 | €1,044 | +€126 | +13.7% |
| Total equity and liabilities | 10/49 | €605,797 | €550,162 | -€55,634 | -9.2% |
| Equity | 10/15 | -€112,407 | -€121,593 | -€9,186 | -8.2% |
| Contributions | 10/11 | €345,500 | €345,500 | = | 0.0% |
| Reserves | 13 | €36,660 | €34,878 | -€1,782 | -4.9% |
| Non-distributable reserves | 130/1 | €8,000 | €0 | -€8,000 | -100.0% |
| Reserves not available under the articles | 1311 | €8,000 | €0 | -€8,000 | -100.0% |
| Tax-exempt reserves | 132 | €28,660 | €26,878 | -€1,782 | -6.2% |
| Distributable reserves | 133 | - | €8,000 | +€8,000 | |
| Profit (loss) carried forward | 14 | -€494,567 | -€501,971 | -€7,405 | -1.5% |
| Provisions and deferred taxes | 16 | €13,157 | €12,240 | -€917 | -7.0% |
| Deferred taxes | 168 | €13,157 | €12,240 | -€917 | -7.0% |
| Amounts payable | 17/49 | €705,046 | €659,515 | -€45,531 | -6.5% |
| Amounts payable after more than one year | 17 | €680,158 | €580,158 | -€100,000 | -14.7% |
| Financial debts | 170/4 | €100,000 | €0 | -€100,000 | -100.0% |
| Other amounts payable | 178/9 | €580,158 | €580,158 | = | 0.0% |
| Amounts payable within one year | 42/48 | €24,871 | €79,358 | +€54,487 | +219.1% |
| Trade debts | 44 | €915 | €2,373 | +€1,458 | +159.3% |
| Suppliers | 440/4 | €915 | €2,373 | +€1,458 | +159.3% |
| Taxes, remuneration and social security | 45 | €2,611 | €1,094 | -€1,517 | -58.1% |
| Taxes | 450/3 | €2,611 | €1,094 | -€1,517 | -58.1% |
| Other amounts payable | 47/48 | €21,345 | €75,891 | +€54,546 | +255.6% |
| Accrued charges and deferred income | 492/3 | €18 | €0 | -€18 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,676 | €37,676 | = | 0.0% |
| Other operating charges | 640/8 | €4,344 | €4,506 | +€162 | +3.7% |
| Non-recurring operating charges | 66A | €376 | €0 | -€376 | -100.0% |
| Gross operating margin | 9900 | €28,421 | €35,937 | +€7,516 | +26.4% |
| Operating profit (loss) | 9901 | -€13,975 | -€6,245 | +€7,730 | +55.3% |
| Financial income | 75/76B | €63 | €10 | -€53 | -83.7% |
| Recurring financial income | 75 | €63 | €10 | -€53 | -83.7% |
| Financial charges | 65/66B | €13,635 | €3,868 | -€9,766 | -71.6% |
| Recurring financial charges | 65 | €13,635 | €3,868 | -€9,766 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | -€27,546 | -€10,104 | +€17,443 | +63.3% |
| Transfer from deferred taxes | 780 | €139 | €917 | +€779 | +561.2% |
| Profit (loss) for the period | 9904 | -€27,408 | -€9,186 | +€18,221 | +66.5% |
| Transfer from tax-exempt reserves | 789 | €1,920 | €1,782 | -€139 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,487 | -€7,405 | +€18,083 | +70.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.