Lamitrans: 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.
Lamitrans
Largest movements
- Cash +€315,983
up €315,983 (+733%), from €43,093 to €359,076
mainly Depreciation (+€196,257) and Net result for the year (+€137,310)
- Tangible fixed assets -€196,257
down €196,257 (-28.0%), from €701,175 to €504,918
- Receivables within one year -€27,505
down €27,505 (-16.7%), from €164,664 to €137,158
of which Other amounts receivable: -€48,989
- Other debts +€105,000
up €105,000 (+525%), from €20,000 to €125,000
- Trade debts -€12,839
down €12,839 (-17.1%), from €75,214 to €62,375
- Reserves +€12,310
up €12,310 (+1.8%), from €673,501 to €685,811
of which Distributable reserves: +€12,310
- Tax, wage and social debts -€12,260
down €12,260 (-24.9%), from €49,271 to €37,011
of which Remuneration and social security: -€12,161
- Staff costs -€86,838
down €86,838 (-15.8%), from €549,200 to €462,362
- Taxes +€34,506
up €34,506 (+240%), from €14,382 to €48,888
- Gross operating margin -€17,059
down €17,059 (-2.0%), from €869,358 to €852,299
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 | €918,112 | €1,010,197 | +€92,085 | +10.0% |
| Fixed assets | 21/28 | €710,355 | €513,963 | -€196,392 | -27.6% |
| Tangible fixed assets | 22/27 | €701,175 | €504,918 | -€196,257 | -28.0% |
| Furniture and vehicles | 24 | €701,175 | €504,918 | -€196,257 | -28.0% |
| Financial fixed assets | 28 | €9,180 | €9,045 | -€135 | -1.5% |
| Current assets | 29/58 | €207,757 | €496,234 | +€288,477 | +139% |
| Amounts receivable within one year | 40/41 | €164,664 | €137,158 | -€27,505 | -16.7% |
| Trade receivables | 40 | €109,675 | €131,158 | +€21,483 | +19.6% |
| Other amounts receivable | 41 | €54,989 | €6,000 | -€48,989 | -89.1% |
| Cash at bank and in hand | 54/58 | €43,093 | €359,076 | +€315,983 | +733% |
| Total equity and liabilities | 10/49 | €918,112 | €1,010,197 | +€92,085 | +10.0% |
| Equity | 10/15 | €773,501 | €785,811 | +€12,310 | +1.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €673,501 | €685,811 | +€12,310 | +1.8% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €224,870 | €224,870 | = | 0.0% |
| Distributable reserves | 133 | €438,631 | €450,941 | +€12,310 | +2.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €144,611 | €224,386 | +€79,775 | +55.2% |
| Amounts payable within one year | 42/48 | €144,485 | €224,386 | +€79,901 | +55.3% |
| Trade debts | 44 | €75,214 | €62,375 | -€12,839 | -17.1% |
| Suppliers | 440/4 | €75,214 | €62,375 | -€12,839 | -17.1% |
| Taxes, remuneration and social security | 45 | €49,271 | €37,011 | -€12,260 | -24.9% |
| Taxes | 450/3 | €11,066 | €10,967 | -€100 | -0.9% |
| Remuneration and social security | 454/9 | €38,205 | €26,044 | -€12,161 | -31.8% |
| Other amounts payable | 47/48 | €20,000 | €125,000 | +€105,000 | +525% |
| Accrued charges and deferred income | 492/3 | €126 | €0 | -€126 | -100% |
| Non-recurring operating income | 76A | €1,000 | €0 | -€1,000 | -100% |
| Remuneration, social security and pensions | 62 | €549,200 | €462,362 | -€86,838 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,154 | €196,257 | +€5,103 | +2.7% |
| Other operating charges | 640/8 | €7,469 | €7,420 | -€49 | -0.7% |
| Non-recurring operating charges | 66A | €55,992 | €0 | -€55,992 | -100% |
| Gross operating margin | 9900 | €869,358 | €852,299 | -€17,059 | -2.0% |
| Operating profit (loss) | 9901 | €65,542 | €186,259 | +€120,717 | +184% |
| Financial income | 75/76B | €477 | €683 | +€206 | +43.1% |
| Recurring financial income | 75 | €477 | €683 | +€206 | +43.1% |
| Financial charges | 65/66B | €8,411 | €744 | -€7,668 | -91.2% |
| Recurring financial charges | 65 | €8,411 | €744 | -€7,668 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | €57,608 | €186,198 | +€128,590 | +223% |
| Income taxes | 67/77 | €14,382 | €48,888 | +€34,506 | +240% |
| Profit (loss) for the period | 9904 | €43,226 | €137,310 | +€94,084 | +218% |
| Profit (loss) for the period to be appropriated | 9905 | €43,226 | €137,310 | +€94,084 | +218% |
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 13 October 2026 via checked.be.