LAMCO: 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.
LAMCO
Largest movements
- Tangible fixed assets -€14,836
down €14,836 (-76.0%), from €19,519 to €4,683
of which Land and buildings: -€8,920
- Receivables within one year +€3,548
up €3,548 (+72.8%), from €4,870 to €8,418
of which Trade receivables: +€3,460
- Stocks and contracts +€2,777
up €2,777 (+4.5%), from €61,942 to €64,719
- Cash -€2,677
down €2,677 (-24.3%), from €11,014 to €8,337
mainly Net result for the year (-€7,303) and Debts after one year (-€5,275)
- Reserves -€7,303
down €7,303 (-12.7%), from €57,403 to €50,100
- Debts after one year -€5,275
down €5,275 (-100%), from €5,275 to €0
- Trade debts +€3,004
up €3,004 (+76.2%), from €3,940 to €6,944
- Gross operating margin -€7,705
down €7,705 (-41.6%), from €18,506 to €10,801
- Write-downs +€952
new in 2025: €952
- Other operating charges -€221
down €221 (-11.1%), from €1,981 to €1,761
- Financial charges -€185
down €185 (-22.7%), from €817 to €632
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 | €97,927 | €87,171 | -€10,757 | -11.0% |
| Fixed assets | 21/28 | €19,519 | €4,683 | -€14,836 | -76.0% |
| Tangible fixed assets | 22/27 | €19,519 | €4,683 | -€14,836 | -76.0% |
| Land and buildings | 22 | €9,436 | €517 | -€8,920 | -94.5% |
| Plant, machinery and equipment | 23 | €3,351 | €2,018 | -€1,332 | -39.8% |
| Furniture and vehicles | 24 | €6,733 | €2,148 | -€4,585 | -68.1% |
| Current assets | 29/58 | €78,408 | €82,488 | +€4,080 | +5.2% |
| Stocks and contracts in progress | 3 | €61,942 | €64,719 | +€2,777 | +4.5% |
| Stocks | 30/36 | €61,942 | €64,719 | +€2,777 | +4.5% |
| Amounts receivable within one year | 40/41 | €4,870 | €8,418 | +€3,548 | +72.8% |
| Trade receivables | 40 | €3,315 | €6,774 | +€3,460 | +104% |
| Other amounts receivable | 41 | €1,556 | €1,644 | +€88 | +5.7% |
| Cash at bank and in hand | 54/58 | €11,014 | €8,337 | -€2,677 | -24.3% |
| Deferred charges and accrued income | 490/1 | €582 | €1,013 | +€432 | +74.2% |
| Total equity and liabilities | 10/49 | €97,927 | €87,171 | -€10,757 | -11.0% |
| Equity | 10/15 | €76,003 | €68,700 | -€7,303 | -9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,403 | €50,100 | -€7,303 | -12.7% |
| Distributable reserves | 133 | €57,403 | €50,100 | -€7,303 | -12.7% |
| Amounts payable | 17/49 | €21,924 | €18,471 | -€3,454 | -15.8% |
| Amounts payable after more than one year | 17 | €5,275 | €0 | -€5,275 | -100% |
| Financial debts | 170/4 | €5,275 | €0 | -€5,275 | -100% |
| Amounts payable within one year | 42/48 | €16,650 | €18,471 | +€1,821 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €5,919 | €5,275 | -€644 | -10.9% |
| Trade debts | 44 | €3,940 | €6,944 | +€3,004 | +76.2% |
| Suppliers | 440/4 | €3,940 | €6,944 | +€3,004 | +76.2% |
| Taxes, remuneration and social security | 45 | €884 | €524 | -€360 | -40.7% |
| Taxes | 450/3 | €884 | €524 | -€360 | -40.7% |
| Other amounts payable | 47/48 | €5,907 | €5,728 | -€178 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,837 | €14,836 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €952 | +€952 | |
| Other operating charges | 640/8 | €1,981 | €1,761 | -€221 | -11.1% |
| Gross operating margin | 9900 | €18,506 | €10,801 | -€7,705 | -41.6% |
| Operating profit (loss) | 9901 | €1,688 | -€6,748 | -€8,436 | |
| Financial income | 75/76B | €27 | €76 | +€50 | +186% |
| Recurring financial income | 75 | €27 | €76 | +€50 | +186% |
| Financial charges | 65/66B | €817 | €632 | -€185 | -22.7% |
| Recurring financial charges | 65 | €817 | €632 | -€185 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €898 | -€7,303 | -€8,201 | |
| Profit (loss) for the period | 9904 | €898 | -€7,303 | -€8,201 | |
| Profit (loss) for the period to be appropriated | 9905 | €898 | -€7,303 | -€8,201 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.