LAMBIO: 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.
LAMBIO
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Stocks and contracts -€42,892
down €42,892 (-50.2%), from €85,513 to €42,621
- Cash +€33,542
up €33,542 (+18.6%), from €179,894 to €213,436
mainly Net result for the year (+€164,308) and Other debts (+€72,486)
- Other debts +€72,486
up €72,486 (+24.4%), from €296,834 to €369,320
- Trade debts +€59,703
up €59,703, from €0 to €59,703
- Debts after one year -€36,667
down €36,667 (-11.2%), from €326,944 to €290,277
- Investment grants -€10,039
down €10,039 (-7.0%), from €143,595 to €133,556
- Gross operating margin +€88,620
up €88,620 (+54.9%), from €161,275 to €249,895
- Taxes +€20,605
up €20,605 (+83.7%), from €24,612 to €45,217
- Depreciation -€4,381
down €4,381 (-9.1%), from €48,012 to €43,631
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 | €839,970 | €925,209 | +€85,239 | +10.1% |
| Fixed assets | 21/28 | €534,574 | €526,822 | -€7,752 | -1.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €534,574 | €526,822 | -€7,752 | -1.5% |
| Land and buildings | 22 | €520,598 | €507,855 | -€12,742 | -2.4% |
| Plant, machinery and equipment | 23 | €10,733 | €17,027 | +€6,294 | +58.6% |
| Furniture and vehicles | 24 | €3,243 | €1,940 | -€1,303 | -40.2% |
| Current assets | 29/58 | €305,396 | €398,388 | +€92,991 | +30.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €85,513 | €42,621 | -€42,892 | -50.2% |
| Stocks | 30/36 | €85,513 | €42,621 | -€42,892 | -50.2% |
| Amounts receivable within one year | 40/41 | €36,451 | €39,101 | +€2,650 | +7.3% |
| Trade receivables | 40 | €33,023 | €29,249 | -€3,774 | -11.4% |
| Other amounts receivable | 41 | €3,428 | €9,852 | +€6,425 | +187.4% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €179,894 | €213,436 | +€33,542 | +18.6% |
| Deferred charges and accrued income | 490/1 | €3,538 | €3,229 | -€309 | -8.7% |
| Total equity and liabilities | 10/49 | €839,970 | €925,209 | +€85,239 | +10.1% |
| Equity | 10/15 | €163,595 | €153,556 | -€10,039 | -6.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €143,595 | €133,556 | -€10,039 | -7.0% |
| Amounts payable | 17/49 | €676,375 | €771,653 | +€95,278 | +14.1% |
| Amounts payable after more than one year | 17 | €326,944 | €290,277 | -€36,667 | -11.2% |
| Financial debts | 170/4 | €326,944 | €290,277 | -€36,667 | -11.2% |
| Amounts payable within one year | 42/48 | €349,431 | €481,376 | +€131,945 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €36,667 | €36,667 | = | 0.0% |
| Trade debts | 44 | €0 | €59,703 | +€59,703 | |
| Suppliers | 440/4 | €0 | €59,703 | +€59,703 | |
| Taxes, remuneration and social security | 45 | €15,930 | €15,686 | -€244 | -1.5% |
| Taxes | 450/3 | €15,930 | €15,686 | -€244 | -1.5% |
| Other amounts payable | 47/48 | €296,834 | €369,320 | +€72,486 | +24.4% |
| Remuneration, social security and pensions | 62 | €0 | €293 | +€293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,012 | €43,631 | -€4,381 | -9.1% |
| Other operating charges | 640/8 | €1,127 | €1,158 | +€31 | +2.7% |
| Gross operating margin | 9900 | €161,275 | €249,895 | +€88,620 | +54.9% |
| Operating profit (loss) | 9901 | €112,135 | €204,813 | +€92,678 | +82.6% |
| Financial income | 75/76B | €10,475 | €10,271 | -€204 | -2.0% |
| Recurring financial income | 75 | €10,475 | €10,271 | -€204 | -2.0% |
| Financial charges | 65/66B | €6,149 | €5,559 | -€590 | -9.6% |
| Recurring financial charges | 65 | €6,149 | €5,559 | -€590 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €116,461 | €209,525 | +€93,064 | +79.9% |
| Income taxes | 67/77 | €24,612 | €45,217 | +€20,605 | +83.7% |
| Profit (loss) for the period | 9904 | €91,850 | €164,308 | +€72,458 | +78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €91,850 | €164,308 | +€72,458 | +78.9% |
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 3 October 2026 via checked.be.