Lamaro: 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.
Lamaro
Largest movements
- Receivables within one year -€8,632
down €8,632 (-19.3%), from €44,646 to €36,014
- Tangible fixed assets +€4,118
up €4,118 (+41.8%), from €9,840 to €13,958
of which Plant, machinery and equipment: +€5,549
- Stocks and contracts +€2,622
up €2,622 (+5.7%), from €46,263 to €48,884
- Deferred charges and accrued income -€1,259
no longer reported in 2025 (was €1,259)
- Tax, wage and social debts -€20,941
down €20,941 (-66.5%), from €31,478 to €10,537
of which Remuneration and social security: -€22,107
- Other debts +€13,102
up €13,102 (+58.5%), from €22,416 to €35,518
- Profit (loss) carried forward +€8,742
up €8,742 (+16.3%), from -€53,484 to -€44,742
- Short-term financial debts -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Advances received +€1,600
new in 2025: €1,600
- Gross operating margin +€23,285
up €23,285 (+119%), from €19,517 to €42,802
- Staff costs -€4,875
down €4,875 (-16.6%), from €29,420 to €24,544
- Financial charges +€2,871
up €2,871 (+108%), from €2,651 to €5,522
- Depreciation -€530
down €530 (-14.6%), from €3,628 to €3,098
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 | €109,964 | €107,350 | -€2,614 | -2.4% |
| Fixed assets | 21/28 | €9,880 | €13,998 | +€4,118 | +41.7% |
| Tangible fixed assets | 22/27 | €9,840 | €13,958 | +€4,118 | +41.8% |
| Land and buildings | 22 | €6,862 | €5,430 | -€1,432 | -20.9% |
| Plant, machinery and equipment | 23 | €2,978 | €8,527 | +€5,549 | +186% |
| Furniture and vehicles | 24 | €0 | - | -€0 | |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €100,084 | €93,353 | -€6,731 | -6.7% |
| Stocks and contracts in progress | 3 | €46,263 | €48,884 | +€2,622 | +5.7% |
| Stocks | 30/36 | €46,263 | €48,884 | +€2,622 | +5.7% |
| Amounts receivable within one year | 40/41 | €44,646 | €36,014 | -€8,632 | -19.3% |
| Trade receivables | 40 | €44,646 | €36,014 | -€8,632 | -19.3% |
| Cash at bank and in hand | 54/58 | €7,916 | €8,454 | +€538 | +6.8% |
| Deferred charges and accrued income | 490/1 | €1,259 | - | -€1,259 | |
| Total equity and liabilities | 10/49 | €109,964 | €107,350 | -€2,614 | -2.4% |
| Equity | 10/15 | -€8,043 | €699 | +€8,742 | |
| Contributions | 10/11 | €22,485 | €22,485 | = | 0.0% |
| Reserves | 13 | €22,956 | €22,956 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,249 | €2,249 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,249 | €2,249 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,690 | €6,690 | = | 0.0% |
| Distributable reserves | 133 | €14,018 | €14,018 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,484 | -€44,742 | +€8,742 | +16.3% |
| Amounts payable | 17/49 | €118,007 | €106,652 | -€11,356 | -9.6% |
| Amounts payable within one year | 42/48 | €118,007 | €106,652 | -€11,356 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Other loans | 439 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Trade debts | 44 | €49,113 | €48,997 | -€117 | -0.2% |
| Suppliers | 440/4 | €49,113 | €48,997 | -€117 | -0.2% |
| Advances received on contracts in progress | 46 | - | €1,600 | +€1,600 | |
| Taxes, remuneration and social security | 45 | €31,478 | €10,537 | -€20,941 | -66.5% |
| Taxes | 450/3 | €9,371 | €10,537 | +€1,166 | +12.4% |
| Remuneration and social security | 454/9 | €22,107 | - | -€22,107 | |
| Other amounts payable | 47/48 | €22,416 | €35,518 | +€13,102 | +58.5% |
| Remuneration, social security and pensions | 62 | €29,420 | €24,544 | -€4,875 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,628 | €3,098 | -€530 | -14.6% |
| Other operating charges | 640/8 | €568 | €816 | +€248 | +43.6% |
| Gross operating margin | 9900 | €19,517 | €42,802 | +€23,285 | +119% |
| Operating profit (loss) | 9901 | -€14,099 | €14,343 | +€28,443 | |
| Financial income | 75/76B | €7 | €125 | +€118 | +1,648% |
| Recurring financial income | 75 | €7 | €125 | +€118 | +1,648% |
| Financial charges | 65/66B | €2,651 | €5,522 | +€2,871 | +108% |
| Recurring financial charges | 65 | €2,651 | €5,522 | +€2,871 | +108% |
| Profit (loss) for the period before taxes | 9903 | -€16,744 | €8,946 | +€25,689 | |
| Income taxes | 67/77 | €199 | €204 | +€4 | +2.1% |
| Profit (loss) for the period | 9904 | -€16,943 | €8,742 | +€25,685 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,943 | €8,742 | +€25,685 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.