LAMARIS GROUP: 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.
LAMARIS GROUP
Largest movements
- Financial fixed assets +€2.1m
up €2.1m (+134%), from €1.6m to €3.7m
- Receivables within one year +€485,164
up €485,164 (+173%), from €279,720 to €764,884
of which Other amounts receivable: +€511,262
- Tangible fixed assets -€142,262
down €142,262 (-3.8%), from €3.8m to €3.6m
of which Land and buildings: -€138,416
- Debts after one year +€2.2m
up €2.2m (+178%), from €1.2m to €3.4m
of which Other amounts payable: +€1.7m
- Reserves -€252,995
down €252,995 (-10.2%), from €2.5m to €2.2m
of which Distributable reserves: -€252,995
- Other debts +€214,304
new in 2024: €214,304
- Current portion of long-term debt +€106,028
up €106,028 (+52.4%), from €202,376 to €308,403
- Short-term financial debts +€102,787
up €102,787 (+68.5%), from €150,000 to €252,787
- Gross operating margin -€620,596
down €620,596 (-91.9%), from €675,093 to €54,498
- Taxes -€100,927
down €100,927, from €99,982 to -€945
- Depreciation +€8,540
up €8,540 (+5.1%), from €168,751 to €177,292
- Financial charges +€7,249
up €7,249 (+13.1%), from €55,245 to €62,493
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,881,852 | €8,279,704 | +€2.4m | +40.8% |
| Fixed assets | 21/28 | €5,344,728 | €7,306,088 | +€2.0m | +36.7% |
| Tangible fixed assets | 22/27 | €3,774,355 | €3,632,093 | -€142,262 | -3.8% |
| Land and buildings | 22 | €3,684,630 | €3,546,214 | -€138,416 | -3.8% |
| Plant, machinery and equipment | 23 | €34,017 | €33,323 | -€694 | -2.0% |
| Furniture and vehicles | 24 | €52,070 | €50,736 | -€1,334 | -2.6% |
| Other tangible fixed assets | 26 | €3,639 | €1,820 | -€1,819 | -50.0% |
| Financial fixed assets | 28 | €1,570,373 | €3,673,995 | +€2.1m | +134% |
| Current assets | 29/58 | €537,124 | €973,616 | +€436,492 | +81.3% |
| Stocks and contracts in progress | 3 | €198,597 | €199,747 | +€1,150 | +0.6% |
| Stocks | 30/36 | €198,597 | €199,747 | +€1,150 | +0.6% |
| Amounts receivable within one year | 40/41 | €279,720 | €764,884 | +€485,164 | +173% |
| Trade receivables | 40 | €59,220 | €33,123 | -€26,098 | -44.1% |
| Other amounts receivable | 41 | €220,499 | €731,761 | +€511,262 | +232% |
| Cash at bank and in hand | 54/58 | €49,972 | €3,252 | -€46,720 | -93.5% |
| Deferred charges and accrued income | 490/1 | €8,834 | €5,733 | -€3,101 | -35.1% |
| Total equity and liabilities | 10/49 | €5,881,852 | €8,279,704 | +€2.4m | +40.8% |
| Equity | 10/15 | €4,197,241 | €3,944,246 | -€252,995 | -6.0% |
| Contributions | 10/11 | €1,710,000 | €1,710,000 | = | 0.0% |
| Reserves | 13 | €2,487,241 | €2,234,246 | -€252,995 | -10.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €15,961 | €15,961 | = | 0.0% |
| Distributable reserves | 133 | €2,471,280 | €2,218,285 | -€252,995 | -10.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,684,611 | €4,335,458 | +€2.7m | +157% |
| Amounts payable after more than one year | 17 | €1,226,813 | €3,411,488 | +€2.2m | +178% |
| Financial debts | 170/4 | €1,226,813 | €1,697,054 | +€470,241 | +38.3% |
| Other amounts payable | 178/9 | - | €1,714,434 | +€1.7m | |
| Amounts payable within one year | 42/48 | €453,046 | €920,034 | +€466,988 | +103% |
| Current portion of amounts payable after more than one year | 42 | €202,376 | €308,403 | +€106,028 | +52.4% |
| Financial debts | 43 | €150,000 | €252,787 | +€102,787 | +68.5% |
| Credit institutions | 430/8 | €150,000 | €252,787 | +€102,787 | +68.5% |
| Trade debts | 44 | €21,748 | €57,264 | +€35,516 | +163% |
| Suppliers | 440/4 | €21,748 | €57,264 | +€35,516 | +163% |
| Taxes, remuneration and social security | 45 | €78,923 | €87,277 | +€8,354 | +10.6% |
| Taxes | 450/3 | €73,552 | €81,263 | +€7,711 | +10.5% |
| Remuneration and social security | 454/9 | €5,371 | €6,014 | +€643 | +12.0% |
| Other amounts payable | 47/48 | - | €214,304 | +€214,304 | |
| Accrued charges and deferred income | 492/3 | €4,751 | €3,935 | -€816 | -17.2% |
| Non-recurring operating income | 76A | €8,471 | €0 | -€8,471 | -100% |
| Remuneration, social security and pensions | 62 | €36,152 | €41,939 | +€5,787 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168,751 | €177,292 | +€8,540 | +5.1% |
| Other operating charges | 640/8 | €22,802 | €26,835 | +€4,032 | +17.7% |
| Non-recurring operating charges | 66A | €4,184 | €0 | -€4,184 | -100% |
| Gross operating margin | 9900 | €675,093 | €54,498 | -€620,596 | -91.9% |
| Operating profit (loss) | 9901 | €443,203 | -€191,567 | -€634,770 | |
| Financial income | 75/76B | €426 | €120 | -€306 | -71.8% |
| Recurring financial income | 75 | €426 | €120 | -€306 | -71.8% |
| Financial charges | 65/66B | €55,245 | €62,493 | +€7,249 | +13.1% |
| Recurring financial charges | 65 | €55,245 | €62,493 | +€7,249 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €388,385 | -€253,940 | -€642,325 | |
| Income taxes | 67/77 | €99,982 | -€945 | -€100,927 | |
| Profit (loss) for the period | 9904 | €288,403 | -€252,995 | -€541,397 | |
| Profit (loss) for the period to be appropriated | 9905 | €288,403 | -€252,995 | -€541,397 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.