LAMMENCO: 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.
LAMMENCO
Largest movements
- Receivables within one year +€36,921
up €36,921 (+362.2%), from €10,195 to €47,116
of which Trade receivables: +€25,620
- Cash +€24,032
up €24,032 (+92.2%), from €26,075 to €50,107
mainly Net result for the year (+€49,998) and Depreciation (+€13,873)
- Tangible fixed assets +€3,022
up €3,022 (+8.9%), from €33,803 to €36,825
of which Plant, machinery and equipment: +€12,925
- Reserves +€49,998
up €49,998 (+278.7%), from €17,941 to €67,938
- Tax, wage and social debts +€7,141
up €7,141 (+259.9%), from €2,748 to €9,889
- Current portion of long-term debt +€3,564
up €3,564 (+19.5%), from €18,246 to €21,810
- Trade debts +€3,355
up €3,355 (+241.6%), from €1,389 to €4,744
- Gross operating margin +€35,504
up €35,504 (+64.9%), from €54,733 to €90,237
- Taxes +€13,929
up €13,929 (+138.8%), from €10,037 to €23,965
- Depreciation +€2,932
up €2,932 (+26.8%), from €10,941 to €13,873
- Other operating charges -€1,088
down €1,088 (-43.6%), from €2,497 to €1,409
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.
Cash bridge derived
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 | €71,482 | €135,342 | +€63,860 | +89.3% |
| Fixed assets | 21/28 | €33,803 | €36,825 | +€3,022 | +8.9% |
| Tangible fixed assets | 22/27 | €33,803 | €36,825 | +€3,022 | +8.9% |
| Plant, machinery and equipment | 23 | €2,843 | €15,768 | +€12,925 | +454.6% |
| Furniture and vehicles | 24 | €28,140 | €18,957 | -€9,184 | -32.6% |
| Other tangible fixed assets | 26 | €2,820 | €2,100 | -€720 | -25.5% |
| Current assets | 29/58 | €37,679 | €98,517 | +€60,838 | +161.5% |
| Amounts receivable within one year | 40/41 | €10,195 | €47,116 | +€36,921 | +362.2% |
| Trade receivables | 40 | €1,349 | €26,969 | +€25,620 | +1899.4% |
| Other amounts receivable | 41 | €8,846 | €20,147 | +€11,301 | +127.8% |
| Cash at bank and in hand | 54/58 | €26,075 | €50,107 | +€24,032 | +92.2% |
| Deferred charges and accrued income | 490/1 | €1,409 | €1,294 | -€115 | -8.2% |
| Total equity and liabilities | 10/49 | €71,482 | €135,342 | +€63,860 | +89.3% |
| Equity | 10/15 | €36,541 | €86,538 | +€49,998 | +136.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,941 | €67,938 | +€49,998 | +278.7% |
| Distributable reserves | 133 | €17,941 | €67,938 | +€49,998 | +278.7% |
| Amounts payable | 17/49 | €34,942 | €48,804 | +€13,862 | +39.7% |
| Amounts payable after more than one year | 17 | €12,204 | €12,361 | +€157 | +1.3% |
| Financial debts | 170/4 | €12,204 | €12,361 | +€157 | +1.3% |
| Amounts payable within one year | 42/48 | €22,738 | €36,443 | +€13,705 | +60.3% |
| Current portion of amounts payable after more than one year | 42 | €18,246 | €21,810 | +€3,564 | +19.5% |
| Trade debts | 44 | €1,389 | €4,744 | +€3,355 | +241.6% |
| Suppliers | 440/4 | €1,389 | €4,744 | +€3,355 | +241.6% |
| Taxes, remuneration and social security | 45 | €2,748 | €9,889 | +€7,141 | +259.9% |
| Taxes | 450/3 | €2,748 | €9,889 | +€7,141 | +259.9% |
| Other amounts payable | 47/48 | €355 | - | -€355 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,941 | €13,873 | +€2,932 | +26.8% |
| Other operating charges | 640/8 | €2,497 | €1,409 | -€1,088 | -43.6% |
| Gross operating margin | 9900 | €54,733 | €90,237 | +€35,504 | +64.9% |
| Operating profit (loss) | 9901 | €41,294 | €74,955 | +€33,660 | +81.5% |
| Financial income | 75/76B | - | €263 | +€263 | |
| Recurring financial income | 75 | - | €263 | +€263 | |
| Financial charges | 65/66B | €1,256 | €1,254 | -€2 | -0.1% |
| Recurring financial charges | 65 | €1,256 | €1,254 | -€2 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €40,039 | €73,963 | +€33,924 | +84.7% |
| Income taxes | 67/77 | €10,037 | €23,965 | +€13,929 | +138.8% |
| Profit (loss) for the period | 9904 | €30,002 | €49,998 | +€19,996 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,002 | €49,998 | +€19,996 | +66.6% |
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 10 October 2026 via checked.be.