LAMMEKESHOEVE: 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.
LAMMEKESHOEVE
Largest movements
- Deferred charges and accrued income -€10,488
down €10,488 (-40.8%), from €25,674 to €15,186
- Tangible fixed assets +€9,914
up €9,914 (+3.0%), from €329,073 to €338,987
of which Plant, machinery and equipment: +€38,838
- Receivables within one year -€9,325
down €9,325 (-17.9%), from €52,021 to €42,696
of which Other amounts receivable: -€26,804
- Debts after one year -€45,740
down €45,740 (-15.6%), from €292,666 to €246,926
- Profit (loss) carried forward +€14,246
up €14,246 (+7.3%), from €194,859 to €209,105
- Other debts +€10,523
new in 2025: €10,523
- Current portion of long-term debt +€9,575
up €9,575 (+18.6%), from €51,556 to €61,131
- Trade debts -€6,907
down €6,907 (-7.1%), from €97,302 to €90,395
- Staff costs +€52,026
up €52,026 (+11.4%), from €457,708 to €509,734
- Gross operating margin +€50,896
up €50,896 (+8.6%), from €591,037 to €641,933
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 | €668,001 | €655,528 | -€12,473 | -1.9% |
| Fixed assets | 21/28 | €329,073 | €338,987 | +€9,914 | +3.0% |
| Tangible fixed assets | 22/27 | €329,073 | €338,987 | +€9,914 | +3.0% |
| Land and buildings | 22 | €241,296 | €212,502 | -€28,794 | -11.9% |
| Plant, machinery and equipment | 23 | €83,913 | €122,751 | +€38,838 | +46.3% |
| Furniture and vehicles | 24 | €3,864 | €3,734 | -€130 | -3.4% |
| Current assets | 29/58 | €338,928 | €316,541 | -€22,387 | -6.6% |
| Stocks and contracts in progress | 3 | €192,950 | €192,950 | = | 0.0% |
| Stocks | 30/36 | €192,950 | €192,950 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €52,021 | €42,696 | -€9,325 | -17.9% |
| Trade receivables | 40 | €13,282 | €30,761 | +€17,479 | +132% |
| Other amounts receivable | 41 | €38,739 | €11,935 | -€26,804 | -69.2% |
| Cash at bank and in hand | 54/58 | €68,283 | €65,708 | -€2,575 | -3.8% |
| Deferred charges and accrued income | 490/1 | €25,674 | €15,186 | -€10,488 | -40.8% |
| Total equity and liabilities | 10/49 | €668,001 | €655,528 | -€12,473 | -1.9% |
| Equity | 10/15 | €206,019 | €220,265 | +€14,246 | +6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,960 | €4,960 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €194,859 | €209,105 | +€14,246 | +7.3% |
| Amounts payable | 17/49 | €461,982 | €435,262 | -€26,720 | -5.8% |
| Amounts payable after more than one year | 17 | €292,666 | €246,926 | -€45,740 | -15.6% |
| Financial debts | 170/4 | €292,666 | €246,926 | -€45,740 | -15.6% |
| Amounts payable within one year | 42/48 | €169,316 | €188,274 | +€18,958 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €51,556 | €61,131 | +€9,575 | +18.6% |
| Trade debts | 44 | €97,302 | €90,395 | -€6,907 | -7.1% |
| Suppliers | 440/4 | €97,302 | €90,395 | -€6,907 | -7.1% |
| Advances received on contracts in progress | 46 | €143 | €0 | -€143 | -100% |
| Taxes, remuneration and social security | 45 | €20,316 | €26,225 | +€5,909 | +29.1% |
| Taxes | 450/3 | €20,316 | €26,225 | +€5,910 | +29.1% |
| Remuneration and social security | 454/9 | €0 | €0 | -€0 | -100% |
| Other amounts payable | 47/48 | - | €10,523 | +€10,523 | |
| Accrued charges and deferred income | 492/3 | - | €63 | +€63 | |
| Remuneration, social security and pensions | 62 | €457,708 | €509,734 | +€52,026 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,396 | €63,487 | -€909 | -1.4% |
| Other operating charges | 640/8 | €6,034 | €6,348 | +€314 | +5.2% |
| Gross operating margin | 9900 | €591,037 | €641,933 | +€50,896 | +8.6% |
| Operating profit (loss) | 9901 | €62,899 | €62,364 | -€535 | -0.9% |
| Financial income | 75/76B | €638 | €1,440 | +€802 | +126% |
| Recurring financial income | 75 | €638 | €1,440 | +€802 | +126% |
| Financial charges | 65/66B | €35,007 | €37,750 | +€2,742 | +7.8% |
| Recurring financial charges | 65 | €35,007 | €37,750 | +€2,742 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €28,530 | €26,054 | -€2,476 | -8.7% |
| Income taxes | 67/77 | €11,813 | €11,807 | -€6 | 0.0% |
| Profit (loss) for the period | 9904 | €16,717 | €14,246 | -€2,470 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,717 | €14,246 | -€2,470 | -14.8% |
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 17 October 2026 via checked.be.