LAMGUNG: 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.
LAMGUNG
Largest movements
- Cash +€182,985
up €182,985 (+327%), from €55,901 to €238,885
mainly Net result for the year (+€107,955) and Receivables within one year (+€56,086)
- Receivables within one year -€56,086
down €56,086 (-14.0%), from €401,726 to €345,640
of which Trade receivables: -€53,711
- Profit (loss) carried forward +€107,955
up €107,955 (+28.9%), from €373,571 to €481,526
- Trade debts +€27,432
up €27,432 (+101%), from €27,111 to €54,543
- Tax, wage and social debts -€11,172
down €11,172 (-18.8%), from €59,435 to €48,262
of which Remuneration and social security: -€6,243
- Staff costs +€48,218
up €48,218 (+31.3%), from €154,202 to €202,420
- Taxes -€30,330
down €30,330 (-59.8%), from €50,694 to €20,365
- Financial charges +€10,280
up €10,280 (+328%), from €3,138 to €13,418
- Gross operating margin -€6,061
down €6,061 (-1.7%), from €356,099 to €350,038
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 | €486,395 | €604,792 | +€118,397 | +24.3% |
| Fixed assets | 21/28 | €23,476 | €20,266 | -€3,210 | -13.7% |
| Intangible fixed assets | 21 | €5,875 | €4,375 | -€1,500 | -25.5% |
| Tangible fixed assets | 22/27 | €10,101 | €8,391 | -€1,710 | -16.9% |
| Plant, machinery and equipment | 23 | €1,038 | €773 | -€265 | -25.5% |
| Furniture and vehicles | 24 | €9,063 | €7,618 | -€1,445 | -15.9% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €462,919 | €584,526 | +€121,607 | +26.3% |
| Amounts receivable within one year | 40/41 | €401,726 | €345,640 | -€56,086 | -14.0% |
| Trade receivables | 40 | €361,570 | €307,859 | -€53,711 | -14.9% |
| Other amounts receivable | 41 | €40,156 | €37,781 | -€2,375 | -5.9% |
| Cash at bank and in hand | 54/58 | €55,901 | €238,885 | +€182,985 | +327% |
| Deferred charges and accrued income | 490/1 | €5,292 | - | -€5,292 | |
| Total equity and liabilities | 10/49 | €486,395 | €604,792 | +€118,397 | +24.3% |
| Equity | 10/15 | €394,031 | €501,986 | +€107,955 | +27.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €373,571 | €481,526 | +€107,955 | +28.9% |
| Amounts payable | 17/49 | €92,364 | €102,805 | +€10,442 | +11.3% |
| Amounts payable within one year | 42/48 | €92,364 | €102,805 | +€10,442 | +11.3% |
| Financial debts | 43 | €5,818 | - | -€5,818 | |
| Credit institutions | 430/8 | €5,818 | - | -€5,818 | |
| Trade debts | 44 | €27,111 | €54,543 | +€27,432 | +101% |
| Suppliers | 440/4 | €27,111 | €54,543 | +€27,432 | +101% |
| Taxes, remuneration and social security | 45 | €59,435 | €48,262 | -€11,172 | -18.8% |
| Taxes | 450/3 | €53,191 | €48,262 | -€4,929 | -9.3% |
| Remuneration and social security | 454/9 | €6,243 | - | -€6,243 | |
| Remuneration, social security and pensions | 62 | €154,202 | €202,420 | +€48,218 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,357 | €4,482 | +€125 | +2.9% |
| Other operating charges | 640/8 | €1,918 | €1,419 | -€500 | -26.1% |
| Gross operating margin | 9900 | €356,099 | €350,038 | -€6,061 | -1.7% |
| Operating profit (loss) | 9901 | €195,621 | €141,718 | -€53,903 | -27.6% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €3,138 | €13,418 | +€10,280 | +328% |
| Recurring financial charges | 65 | €3,138 | €13,418 | +€10,280 | +328% |
| Profit (loss) for the period before taxes | 9903 | €192,483 | €128,320 | -€64,163 | -33.3% |
| Income taxes | 67/77 | €50,694 | €20,365 | -€30,330 | -59.8% |
| Profit (loss) for the period | 9904 | €141,789 | €107,955 | -€33,834 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €141,789 | €107,955 | -€33,834 | -23.9% |
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 22 October 2026 via checked.be.