Lamcom: 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.
Lamcom
Largest movements
- Tangible fixed assets -€7,854
down €7,854 (-29.9%), from €26,253 to €18,399
of which Furniture and vehicles: -€8,025
- Receivables within one year +€3,399
up €3,399 (+52.4%), from €6,488 to €9,887
of which Trade receivables: +€2,852
- Current investments +€3,041
up €3,041 (+25.0%), from €12,158 to €15,199
- Debts after one year -€6,419
down €6,419 (-56.8%), from €11,294 to €4,874
- Reserves +€5,147
up €5,147 (+46.8%), from €10,994 to €16,141
- Profit (loss) carried forward -€1,725
down €1,725 (-100.0%), from €1,725 to €0
- Tax, wage and social debts +€1,705
up €1,705 (+816.4%), from €209 to €1,913
of which Taxes: +€1,705
- Other debts -€1,422
down €1,422 (-25.3%), from €5,613 to €4,191
- Depreciation +€4,520
up €4,520 (+104.6%), from €4,320 to €8,839
- Gross operating margin +€1,631
up €1,631 (+12.1%), from €13,483 to €15,114
- Taxes +€1,193
up €1,193 (+29107.6%), from €4 to €1,198
- Other operating charges -€216
down €216 (-22.1%), from €975 to €760
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,118 | €44,746 | -€1,372 | -3.0% |
| Fixed assets | 21/28 | €26,311 | €18,408 | -€7,904 | -30.0% |
| Intangible fixed assets | 21 | €58 | €8 | -€50 | -85.7% |
| Tangible fixed assets | 22/27 | €26,253 | €18,399 | -€7,854 | -29.9% |
| Plant, machinery and equipment | 23 | €2,870 | €3,041 | +€171 | +6.0% |
| Furniture and vehicles | 24 | €23,383 | €15,359 | -€8,025 | -34.3% |
| Current assets | 29/58 | €19,807 | €26,339 | +€6,532 | +33.0% |
| Amounts receivable within one year | 40/41 | €6,488 | €9,887 | +€3,399 | +52.4% |
| Trade receivables | 40 | €6,488 | €9,340 | +€2,852 | +44.0% |
| Other amounts receivable | 41 | - | €547 | +€547 | |
| Current investments | 50/53 | €12,158 | €15,199 | +€3,041 | +25.0% |
| Deferred charges and accrued income | 490/1 | €1,161 | €1,253 | +€92 | +7.9% |
| Total equity and liabilities | 10/49 | €46,118 | €44,746 | -€1,372 | -3.0% |
| Equity | 10/15 | €18,919 | €22,341 | +€3,422 | +18.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,994 | €16,141 | +€5,147 | +46.8% |
| Distributable reserves | 133 | €10,994 | €16,141 | +€5,147 | +46.8% |
| Profit (loss) carried forward | 14 | €1,725 | €0 | -€1,725 | -100.0% |
| Amounts payable | 17/49 | €27,200 | €22,406 | -€4,794 | -17.6% |
| Amounts payable after more than one year | 17 | €11,294 | €4,874 | -€6,419 | -56.8% |
| Financial debts | 170/4 | €11,294 | €4,874 | -€6,419 | -56.8% |
| Amounts payable within one year | 42/48 | €15,906 | €17,531 | +€1,625 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €6,329 | €6,419 | +€90 | +1.4% |
| Financial debts | 43 | €3,120 | €4,265 | +€1,145 | +36.7% |
| Credit institutions | 430/8 | €3,120 | €4,265 | +€1,145 | +36.7% |
| Trade debts | 44 | €635 | €743 | +€108 | +17.0% |
| Suppliers | 440/4 | €635 | €743 | +€108 | +17.0% |
| Taxes, remuneration and social security | 45 | €209 | €1,913 | +€1,705 | +816.4% |
| Taxes | 450/3 | €209 | €1,913 | +€1,705 | +816.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,613 | €4,191 | -€1,422 | -25.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,320 | €8,839 | +€4,520 | +104.6% |
| Other operating charges | 640/8 | €975 | €760 | -€216 | -22.1% |
| Gross operating margin | 9900 | €13,483 | €15,114 | +€1,631 | +12.1% |
| Operating profit (loss) | 9901 | €8,188 | €5,515 | -€2,673 | -32.6% |
| Financial income | 75/76B | €15 | €43 | +€28 | +181.7% |
| Recurring financial income | 75 | €15 | €43 | +€28 | +181.7% |
| Financial charges | 65/66B | €924 | €938 | +€15 | +1.6% |
| Recurring financial charges | 65 | €924 | €938 | +€15 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €7,280 | €4,620 | -€2,660 | -36.5% |
| Income taxes | 67/77 | €4 | €1,198 | +€1,193 | +29107.6% |
| Profit (loss) for the period | 9904 | €7,276 | €3,422 | -€3,853 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,276 | €3,422 | -€3,853 | -53.0% |
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 29 September 2026 via checked.be.