LAMIMMO: 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.
LAMIMMO
Largest movements
- Tangible fixed assets +€33,003
up €33,003 (+20.5%), from €160,910 to €193,913
of which Plant, machinery and equipment: +€44,157
- Current investments -€18,000
down €18,000 (-29.8%), from €60,365 to €42,365
- Cash -€12,364
down €12,364 (-43.1%), from €28,654 to €16,290
mainly Investment in fixed assets (net) (-€58,251) and Contributions, distributions and other (-€23,071)
- Trade debts -€6,674
no longer reported in 2025 (was €6,674)
- Debts after one year +€5,614
new in 2025: €5,614
- Current portion of long-term debt +€4,111
up €4,111 (+472%), from €871 to €4,982
- Gross operating margin +€25,288
up €25,288 (+63.2%), from €40,014 to €65,302
- Other operating charges +€9,063
up €9,063 (+814%), from €1,114 to €10,177
- Taxes +€4,299
up €4,299 (+94.5%), from €4,547 to €8,846
- Financial income +€1,550
up €1,550 (+546%), from €284 to €1,834
- Depreciation +€1,234
up €1,234 (+5.1%), from €24,013 to €25,248
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 | €260,930 | €264,407 | +€3,477 | +1.3% |
| Fixed assets | 21/28 | €160,910 | €193,913 | +€33,003 | +20.5% |
| Tangible fixed assets | 22/27 | €160,910 | €193,913 | +€33,003 | +20.5% |
| Land and buildings | 22 | €109,595 | €98,441 | -€11,154 | -10.2% |
| Plant, machinery and equipment | 23 | €51,314 | €95,472 | +€44,157 | +86.1% |
| Current assets | 29/58 | €100,020 | €70,494 | -€29,527 | -29.5% |
| Amounts receivable within one year | 40/41 | €11,001 | €10,559 | -€442 | -4.0% |
| Trade receivables | 40 | €1,808 | - | -€1,808 | |
| Other amounts receivable | 41 | €9,193 | €10,559 | +€1,366 | +14.9% |
| Current investments | 50/53 | €60,365 | €42,365 | -€18,000 | -29.8% |
| Cash at bank and in hand | 54/58 | €28,654 | €16,290 | -€12,364 | -43.1% |
| Deferred charges and accrued income | 490/1 | - | €1,279 | +€1,279 | |
| Total equity and liabilities | 10/49 | €260,930 | €264,407 | +€3,477 | +1.3% |
| Equity | 10/15 | €249,188 | €247,590 | -€1,598 | -0.6% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Capital | 10 | €130,000 | €130,000 | = | 0.0% |
| Issued capital | 100 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €18,238 | €18,238 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,238 | €18,238 | = | 0.0% |
| Legal reserve | 130 | €18,238 | €18,238 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,950 | €99,352 | -€1,598 | -1.6% |
| Amounts payable | 17/49 | €11,742 | €16,817 | +€5,075 | +43.2% |
| Amounts payable after more than one year | 17 | - | €5,614 | +€5,614 | |
| Financial debts | 170/4 | - | €5,614 | +€5,614 | |
| Amounts payable within one year | 42/48 | €11,742 | €11,023 | -€719 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €871 | €4,982 | +€4,111 | +472% |
| Trade debts | 44 | €6,674 | - | -€6,674 | |
| Suppliers | 440/4 | €6,674 | - | -€6,674 | |
| Taxes, remuneration and social security | 45 | €4,197 | €6,042 | +€1,845 | +44.0% |
| Taxes | 450/3 | €4,197 | €6,042 | +€1,845 | +44.0% |
| Accrued charges and deferred income | 492/3 | - | €180 | +€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,013 | €25,248 | +€1,234 | +5.1% |
| Other operating charges | 640/8 | €1,114 | €10,177 | +€9,063 | +814% |
| Gross operating margin | 9900 | €40,014 | €65,302 | +€25,288 | +63.2% |
| Operating profit (loss) | 9901 | €14,887 | €29,877 | +€14,990 | +101% |
| Financial income | 75/76B | €284 | €1,834 | +€1,550 | +546% |
| Recurring financial income | 75 | €284 | €1,834 | +€1,550 | +546% |
| Financial charges | 65/66B | €185 | €1,392 | +€1,207 | +653% |
| Recurring financial charges | 65 | €185 | €1,392 | +€1,207 | +653% |
| Profit (loss) for the period before taxes | 9903 | €14,986 | €30,319 | +€15,333 | +102% |
| Income taxes | 67/77 | €4,547 | €8,846 | +€4,299 | +94.5% |
| Profit (loss) for the period | 9904 | €10,439 | €21,473 | +€11,035 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €10,439 | €21,473 | +€11,035 | +106% |
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 15 October 2026 via checked.be.