LAMEIRE PROJECTS: 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.
LAMEIRE PROJECTS
Largest movements
- Cash -€26,260
down €26,260 (-43.9%), from €59,872 to €33,612
mainly Net result for the year (-€28,176) and Accrued charges and deferred income (-€1,019)
- Profit (loss) carried forward -€28,176
down €28,176 (-98.9%), from -€28,498 to -€56,674
- Gross operating margin +€14,847
up €14,847 (+87.0%), from -€17,067 to -€2,220
- Financial charges +€11,167
up €11,167 (+95.4%), from €11,707 to €22,874
- Financial income -€2,385
no longer reported in 2025 (was €2,385)
- Other operating charges +€973
up €973 (+46.1%), from €2,109 to €3,082
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 | €1,003,239 | €976,264 | -€26,975 | -2.7% |
| Current assets | 29/58 | €1,003,239 | €976,264 | -€26,975 | -2.7% |
| Stocks and contracts in progress | 3 | €942,652 | €942,652 | = | 0.0% |
| Stocks | 30/36 | €942,652 | €942,652 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €716 | - | -€716 | |
| Other amounts receivable | 41 | €716 | - | -€716 | |
| Cash at bank and in hand | 54/58 | €59,872 | €33,612 | -€26,260 | -43.9% |
| Total equity and liabilities | 10/49 | €1,003,239 | €976,264 | -€26,975 | -2.7% |
| Equity | 10/15 | €250,304 | €222,129 | -€28,176 | -11.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €266,402 | €266,402 | = | 0.0% |
| Distributable reserves | 133 | €266,402 | €266,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,498 | -€56,674 | -€28,176 | -98.9% |
| Amounts payable | 17/49 | €752,935 | €754,135 | +€1,201 | +0.2% |
| Amounts payable within one year | 42/48 | €750,788 | €753,007 | +€2,220 | +0.3% |
| Financial debts | 43 | €628,500 | €628,500 | = | 0.0% |
| Credit institutions | 430/8 | €628,500 | €628,500 | = | 0.0% |
| Trade debts | 44 | - | €2,220 | +€2,220 | |
| Suppliers | 440/4 | - | €2,220 | +€2,220 | |
| Other amounts payable | 47/48 | €122,288 | €122,288 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,147 | €1,128 | -€1,019 | -47.5% |
| Other operating charges | 640/8 | €2,109 | €3,082 | +€973 | +46.1% |
| Gross operating margin | 9900 | -€17,067 | -€2,220 | +€14,847 | +87.0% |
| Operating profit (loss) | 9901 | -€19,176 | -€5,301 | +€13,875 | +72.4% |
| Financial income | 75/76B | €2,385 | - | -€2,385 | |
| Recurring financial income | 75 | €2,385 | - | -€2,385 | |
| Financial charges | 65/66B | €11,707 | €22,874 | +€11,167 | +95.4% |
| Recurring financial charges | 65 | €11,707 | €22,874 | +€11,167 | +95.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,498 | -€28,176 | +€322 | +1.1% |
| Profit (loss) for the period | 9904 | -€28,498 | -€28,176 | +€322 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,498 | -€28,176 | +€322 | +1.1% |
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 18 October 2026 via checked.be.