LAMIFA: what changed
Two fiscal 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.
LAMIFA
Largest movements
- Cash -€29,807
down €29,807 (-42.0%), from €71,001 to €41,194
mainly Other debts (-€38,474) and Contributions, distributions and other (-€31,341)
- Receivables within one year -€11,659
down €11,659 (-96.7%), from €12,062 to €403
of which Other amounts receivable: -€8,525
- Intangible fixed assets -€5,714
down €5,714 (-26.8%), from €21,303 to €15,589
- Deferred charges and accrued income +€1,320
new in 2026: €1,320
- Other debts -€38,474
down €38,474 (-48.5%), from €79,345 to €40,871
- Profit (loss) carried forward -€5,366
down €5,366 (-26.6%), from €20,212 to €14,846
- Trade debts -€2,577
down €2,577 (-83.8%), from €3,077 to €500
- Gross operating margin +€2,329
up €2,329 (+6.0%), from €38,534 to €40,864
- Taxes +€604
up €604 (+7.4%), from €8,122 to €8,726
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,135 | €58,943 | -€46,192 | -43.9% |
| Fixed assets | 21/28 | €22,071 | €16,026 | -€6,046 | -27.4% |
| Intangible fixed assets | 21 | €21,303 | €15,589 | -€5,714 | -26.8% |
| Tangible fixed assets | 22/27 | €769 | €437 | -€332 | -43.1% |
| Plant, machinery and equipment | 23 | €769 | €437 | -€332 | -43.1% |
| Current assets | 29/58 | €83,063 | €42,917 | -€40,146 | -48.3% |
| Amounts receivable within one year | 40/41 | €12,062 | €403 | -€11,659 | -96.7% |
| Trade receivables | 40 | €3,133 | - | -€3,133 | |
| Other amounts receivable | 41 | €8,929 | €403 | -€8,525 | -95.5% |
| Cash at bank and in hand | 54/58 | €71,001 | €41,194 | -€29,807 | -42.0% |
| Deferred charges and accrued income | 490/1 | - | €1,320 | +€1,320 | |
| Total equity and liabilities | 10/49 | €105,135 | €58,943 | -€46,192 | -43.9% |
| Equity | 10/15 | €22,712 | €17,346 | -€5,366 | -23.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,212 | €14,846 | -€5,366 | -26.6% |
| Amounts payable | 17/49 | €82,423 | €41,597 | -€40,825 | -49.5% |
| Amounts payable within one year | 42/48 | €82,423 | €41,597 | -€40,825 | -49.5% |
| Trade debts | 44 | €3,077 | €500 | -€2,577 | -83.8% |
| Suppliers | 440/4 | €3,077 | €500 | -€2,577 | -83.8% |
| Taxes, remuneration and social security | 45 | - | €226 | +€226 | |
| Taxes | 450/3 | - | €226 | +€226 | |
| Other amounts payable | 47/48 | €79,345 | €40,871 | -€38,474 | -48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,046 | €6,046 | = | 0.0% |
| Gross operating margin | 9900 | €38,534 | €40,864 | +€2,329 | +6.0% |
| Operating profit (loss) | 9901 | €32,489 | €34,818 | +€2,329 | +7.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €97 | €119 | +€23 | +23.3% |
| Recurring financial charges | 65 | €97 | €119 | +€23 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €32,392 | €34,701 | +€2,308 | +7.1% |
| Income taxes | 67/77 | €8,122 | €8,726 | +€604 | +7.4% |
| Profit (loss) for the period | 9904 | €24,270 | €25,974 | +€1,704 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,270 | €25,974 | +€1,704 | +7.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.