LAMENCO: 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.
LAMENCO
Largest movements
- Receivables after one year +€59,413
up €59,413 (+5.5%), from €1.1m to €1.1m
- Current investments +€25,000
up €25,000 (+250%), from €10,000 to €35,000
- Debts after one year +€90,453
up €90,453 (+6.9%), from €1.3m to €1.4m
of which Other amounts payable: +€83,349
- Trade debts +€15,204
up €15,204 (+70.2%), from €21,662 to €36,865
- Financial income -€14,891
down €14,891 (-36.3%), from €40,979 to €26,088
- Gross operating margin -€6,936
down €6,936 (-14.5%), from €47,807 to €40,871
- Taxes -€6,162
down €6,162 (-63.6%), from €9,682 to €3,521
- Financial charges -€4,513
down €4,513 (-7.1%), from €63,562 to €59,048
- Other operating charges +€1,172
up €1,172 (+28.3%), from €4,148 to €5,320
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 | €1,395,748 | €1,496,370 | +€100,622 | +7.2% |
| Fixed assets | 21/28 | €244,426 | €248,226 | +€3,800 | +1.6% |
| Tangible fixed assets | 22/27 | €64,426 | €68,226 | +€3,800 | +5.9% |
| Land and buildings | 22 | €9,977 | €874 | -€9,103 | -91.2% |
| Plant, machinery and equipment | 23 | €1,339 | €1,037 | -€302 | -22.6% |
| Furniture and vehicles | 24 | €17,810 | €31,015 | +€13,205 | +74.1% |
| Other tangible fixed assets | 26 | €35,300 | €35,300 | = | 0.0% |
| Financial fixed assets | 28 | €180,000 | €180,000 | = | 0.0% |
| Current assets | 29/58 | €1,151,323 | €1,248,144 | +€96,822 | +8.4% |
| Amounts receivable after more than one year | 29 | €1,080,649 | €1,140,062 | +€59,413 | +5.5% |
| Other amounts receivable | 291 | €1,080,649 | €1,140,062 | +€59,413 | +5.5% |
| Amounts receivable within one year | 40/41 | €54,735 | €58,587 | +€3,852 | +7.0% |
| Trade receivables | 40 | €54,470 | €57,854 | +€3,384 | +6.2% |
| Other amounts receivable | 41 | €265 | €733 | +€468 | +177% |
| Current investments | 50/53 | €10,000 | €35,000 | +€25,000 | +250% |
| Cash at bank and in hand | 54/58 | €3,186 | €10,896 | +€7,710 | +242% |
| Deferred charges and accrued income | 490/1 | €2,753 | €3,600 | +€847 | +30.8% |
| Total equity and liabilities | 10/49 | €1,395,748 | €1,496,370 | +€100,622 | +7.2% |
| Equity | 10/15 | €47,086 | €34,482 | -€12,604 | -26.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,886 | €40,886 | = | 0.0% |
| Distributable reserves | 133 | €40,886 | €40,886 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,604 | -€12,604 | |
| Amounts payable | 17/49 | €1,348,662 | €1,461,888 | +€113,226 | +8.4% |
| Amounts payable after more than one year | 17 | €1,301,787 | €1,392,241 | +€90,453 | +6.9% |
| Financial debts | 170/4 | - | €7,104 | +€7,104 | |
| Other amounts payable | 178/9 | €1,301,787 | €1,385,136 | +€83,349 | +6.4% |
| Amounts payable within one year | 42/48 | €46,875 | €69,648 | +€22,773 | +48.6% |
| Current portion of amounts payable after more than one year | 42 | - | €6,896 | +€6,896 | |
| Trade debts | 44 | €21,662 | €36,865 | +€15,204 | +70.2% |
| Suppliers | 440/4 | €21,662 | €36,865 | +€15,204 | +70.2% |
| Taxes, remuneration and social security | 45 | €24,220 | €24,402 | +€182 | +0.8% |
| Taxes | 450/3 | €24,220 | €24,402 | +€182 | +0.8% |
| Other amounts payable | 47/48 | €994 | €1,485 | +€491 | +49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,318 | €11,674 | +€356 | +3.1% |
| Other operating charges | 640/8 | €4,148 | €5,320 | +€1,172 | +28.3% |
| Gross operating margin | 9900 | €47,807 | €40,871 | -€6,936 | -14.5% |
| Operating profit (loss) | 9901 | €32,341 | €23,877 | -€8,464 | -26.2% |
| Financial income | 75/76B | €40,979 | €26,088 | -€14,891 | -36.3% |
| Recurring financial income | 75 | €40,979 | €26,088 | -€14,891 | -36.3% |
| Financial charges | 65/66B | €63,562 | €59,048 | -€4,513 | -7.1% |
| Recurring financial charges | 65 | €63,562 | €59,048 | -€4,513 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €9,758 | -€9,083 | -€18,841 | |
| Income taxes | 67/77 | €9,682 | €3,521 | -€6,162 | -63.6% |
| Profit (loss) for the period | 9904 | €75 | -€12,604 | -€12,679 | |
| Profit (loss) for the period to be appropriated | 9905 | €75 | -€12,604 | -€12,679 |
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 27 October 2026 via checked.be.