LAMERANT: 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.
LAMERANT
Largest movements
- Stocks and contracts +€228,000
up €228,000 (+54.8%), from €416,000 to €644,000
- Tangible fixed assets +€155,864
up €155,864 (+7.8%), from €2.0m to €2.2m
of which Plant, machinery and equipment: +€115,355
- Receivables within one year -€131,820
down €131,820 (-32.9%), from €400,268 to €268,448
of which Trade receivables: -€202,771
- Reserves +€514,356
up €514,356 (+31.2%), from €1.7m to €2.2m
of which Distributable reserves: +€543,156
- Debts after one year -€326,600
down €326,600 (-51.4%), from €635,629 to €309,029
- Current portion of long-term debt +€75,332
up €75,332 (+19.9%), from €378,868 to €454,200
- Trade debts -€45,205
down €45,205 (-6.5%), from €698,136 to €652,931
- Tax, wage and social debts +€43,066
up €43,066 (+326.8%), from €13,177 to €56,243
of which Taxes: +€42,405
- Gross operating margin +€362,805
up €362,805 (+38.8%), from €934,755 to €1.3m
- Taxes +€100,521
up €100,521 (+106.1%), from €94,776 to €195,297
- Depreciation -€27,388
down €27,388 (-5.5%), from €502,130 to €474,741
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 | €3,604,909 | €3,832,132 | +€227,223 | +6.3% |
| Fixed assets | 21/28 | €2,002,350 | €2,158,214 | +€155,864 | +7.8% |
| Tangible fixed assets | 22/27 | €2,002,350 | €2,158,214 | +€155,864 | +7.8% |
| Plant, machinery and equipment | 23 | €1,967,281 | €2,082,636 | +€115,355 | +5.9% |
| Furniture and vehicles | 24 | €35,068 | €75,578 | +€40,509 | +115.5% |
| Current assets | 29/58 | €1,602,559 | €1,673,918 | +€71,359 | +4.5% |
| Stocks and contracts in progress | 3 | €416,000 | €644,000 | +€228,000 | +54.8% |
| Stocks | 30/36 | €416,000 | €644,000 | +€228,000 | +54.8% |
| Amounts receivable within one year | 40/41 | €400,268 | €268,448 | -€131,820 | -32.9% |
| Trade receivables | 40 | €370,783 | €168,012 | -€202,771 | -54.7% |
| Other amounts receivable | 41 | €29,485 | €100,436 | +€70,952 | +240.6% |
| Cash at bank and in hand | 54/58 | €785,670 | €751,715 | -€33,955 | -4.3% |
| Deferred charges and accrued income | 490/1 | €621 | €9,755 | +€9,134 | +1470.8% |
| Total equity and liabilities | 10/49 | €3,604,909 | €3,832,132 | +€227,223 | +6.3% |
| Equity | 10/15 | €1,700,508 | €2,214,863 | +€514,356 | +30.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,650,508 | €2,164,863 | +€514,356 | +31.2% |
| Tax-exempt reserves | 132 | €86,400 | €57,600 | -€28,800 | -33.3% |
| Distributable reserves | 133 | €1,564,108 | €2,107,263 | +€543,156 | +34.7% |
| Provisions and deferred taxes | 16 | €28,800 | €19,200 | -€9,600 | -33.3% |
| Deferred taxes | 168 | €28,800 | €19,200 | -€9,600 | -33.3% |
| Amounts payable | 17/49 | €1,875,601 | €1,598,068 | -€277,533 | -14.8% |
| Amounts payable after more than one year | 17 | €635,629 | €309,029 | -€326,600 | -51.4% |
| Financial debts | 170/4 | €635,629 | €309,029 | -€326,600 | -51.4% |
| Amounts payable within one year | 42/48 | €1,211,167 | €1,276,248 | +€65,081 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €378,868 | €454,200 | +€75,332 | +19.9% |
| Trade debts | 44 | €698,136 | €652,931 | -€45,205 | -6.5% |
| Suppliers | 440/4 | €698,136 | €652,931 | -€45,205 | -6.5% |
| Taxes, remuneration and social security | 45 | €13,177 | €56,243 | +€43,066 | +326.8% |
| Taxes | 450/3 | €4,311 | €46,716 | +€42,405 | +983.6% |
| Remuneration and social security | 454/9 | €8,866 | €9,527 | +€662 | +7.5% |
| Other amounts payable | 47/48 | €120,986 | €112,874 | -€8,113 | -6.7% |
| Accrued charges and deferred income | 492/3 | €28,805 | €12,791 | -€16,014 | -55.6% |
| Non-recurring operating income | 76A | €30,641 | €259,967 | +€229,326 | +748.4% |
| Remuneration, social security and pensions | 62 | €101,237 | €105,106 | +€3,869 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502,130 | €474,741 | -€27,388 | -5.5% |
| Other operating charges | 640/8 | €2,583 | €2,420 | -€163 | -6.3% |
| Non-recurring operating charges | 66A | €3,018 | €2,711 | -€306 | -10.2% |
| Gross operating margin | 9900 | €934,755 | €1,297,560 | +€362,805 | +38.8% |
| Operating profit (loss) | 9901 | €325,788 | €712,582 | +€386,794 | +118.7% |
| Financial income | 75/76B | €4,100 | €4,915 | +€816 | +19.9% |
| Recurring financial income | 75 | €4,100 | €4,915 | +€816 | +19.9% |
| Financial charges | 65/66B | €17,402 | €17,445 | +€43 | +0.2% |
| Recurring financial charges | 65 | €17,402 | €17,445 | +€43 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €312,486 | €700,052 | +€387,566 | +124.0% |
| Transfer from deferred taxes | 780 | €9,600 | €9,600 | = | 0.0% |
| Income taxes | 67/77 | €94,776 | €195,297 | +€100,521 | +106.1% |
| Profit (loss) for the period | 9904 | €227,311 | €514,356 | +€287,045 | +126.3% |
| Transfer from tax-exempt reserves | 789 | €28,800 | €28,800 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €256,111 | €543,156 | +€287,045 | +112.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.