LAMERS STABLES: 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.
LAMERS STABLES
Largest movements
- Cash +€260,270
up €260,270 (+248%), from €104,752 to €365,022
mainly Trade debts (+€211,923) and Stocks and contracts (+€37,185)
- Stocks and contracts -€37,185
down €37,185 (-25.4%), from €146,464 to €109,279
- Receivables within one year +€20,639
up €20,639 (+27.7%), from €74,464 to €95,103
of which Other amounts receivable: +€69,624
- Trade debts +€211,923
up €211,923 (+324%), from €65,466 to €277,389
- Reserves +€30,714
up €30,714 (+74.0%), from €41,484 to €72,197
- Debts after one year -€12,236
down €12,236 (-15.0%), from €81,802 to €69,566
- Gross operating margin -€41,419
down €41,419 (-39.3%), from €105,495 to €64,076
- Taxes +€3,955
up €3,955 (+64.0%), from €6,184 to €10,139
- Depreciation +€3,669
up €3,669 (+33.2%), from €11,052 to €14,722
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €387,168 | €625,015 | +€237,846 | +61.4% |
| Fixed assets | 21/28 | €60,062 | €55,240 | -€4,822 | -8.0% |
| Tangible fixed assets | 22/27 | €60,062 | €55,240 | -€4,822 | -8.0% |
| Plant, machinery and equipment | 23 | €2,529 | €9,347 | +€6,819 | +270% |
| Furniture and vehicles | 24 | €54,085 | €43,885 | -€10,199 | -18.9% |
| Other tangible fixed assets | 26 | €3,449 | €2,007 | -€1,441 | -41.8% |
| Current assets | 29/58 | €327,106 | €569,775 | +€242,668 | +74.2% |
| Stocks and contracts in progress | 3 | €146,464 | €109,279 | -€37,185 | -25.4% |
| Stocks | 30/36 | €146,464 | €109,279 | -€37,185 | -25.4% |
| Amounts receivable within one year | 40/41 | €74,464 | €95,103 | +€20,639 | +27.7% |
| Trade receivables | 40 | €67,502 | €18,517 | -€48,985 | -72.6% |
| Other amounts receivable | 41 | €6,962 | €76,586 | +€69,624 | +1,000% |
| Cash at bank and in hand | 54/58 | €104,752 | €365,022 | +€260,270 | +248% |
| Deferred charges and accrued income | 490/1 | €1,426 | €370 | -€1,056 | -74.0% |
| Total equity and liabilities | 10/49 | €387,168 | €625,015 | +€237,846 | +61.4% |
| Equity | 10/15 | €61,484 | €92,197 | +€30,714 | +50.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €41,484 | €72,197 | +€30,714 | +74.0% |
| Distributable reserves | 133 | €41,484 | €72,197 | +€30,714 | +74.0% |
| Amounts payable | 17/49 | €325,684 | €532,817 | +€207,133 | +63.6% |
| Amounts payable after more than one year | 17 | €81,802 | €69,566 | -€12,236 | -15.0% |
| Financial debts | 170/4 | €81,802 | €69,566 | -€12,236 | -15.0% |
| Amounts payable within one year | 42/48 | €243,883 | €463,251 | +€219,369 | +89.9% |
| Current portion of amounts payable after more than one year | 42 | €12,179 | €14,721 | +€2,542 | +20.9% |
| Trade debts | 44 | €65,466 | €277,389 | +€211,923 | +324% |
| Suppliers | 440/4 | €65,466 | €277,389 | +€211,923 | +324% |
| Taxes, remuneration and social security | 45 | €15,563 | €19,226 | +€3,663 | +23.5% |
| Taxes | 450/3 | €12,166 | €14,664 | +€2,498 | +20.5% |
| Remuneration and social security | 454/9 | €3,397 | €4,563 | +€1,166 | +34.3% |
| Other amounts payable | 47/48 | €150,675 | €151,916 | +€1,241 | +0.8% |
| Non-recurring operating income | 76A | €3,620 | €9,000 | +€5,380 | +149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,052 | €14,722 | +€3,669 | +33.2% |
| Other operating charges | 640/8 | €3,245 | €2,956 | -€289 | -8.9% |
| Non-recurring operating charges | 66A | - | €160 | +€160 | |
| Gross operating margin | 9900 | €105,495 | €64,076 | -€41,419 | -39.3% |
| Operating profit (loss) | 9901 | €91,198 | €46,238 | -€44,959 | -49.3% |
| Financial income | 75/76B | €539 | €26 | -€513 | -95.1% |
| Recurring financial income | 75 | €539 | €26 | -€513 | -95.1% |
| Financial charges | 65/66B | €4,764 | €4,553 | -€210 | -4.4% |
| Recurring financial charges | 65 | €4,764 | €4,553 | -€210 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €86,973 | €41,712 | -€45,262 | -52.0% |
| Income taxes | 67/77 | €6,184 | €10,139 | +€3,955 | +64.0% |
| Profit (loss) for the period | 9904 | €80,789 | €31,573 | -€49,217 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €80,789 | €31,573 | -€49,217 | -60.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.