Lammerenberg: 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.
Lammerenberg
Largest movements
- Receivables within one year -€126,468
down €126,468 (-74.1%), from €170,753 to €44,285
of which Other amounts receivable: -€137,758
- Cash +€57,003
up €57,003 (+30.6%), from €186,016 to €243,018
mainly Net result for the year (+€158,648) and Receivables within one year (+€126,468)
- Tangible fixed assets +€22,825
up €22,825 (+1.3%), from €1.7m to €1.8m
of which Land and buildings: +€46,681
- Profit (loss) carried forward +€158,648
up €158,648 (+563%), from €28,163 to €186,810
- Other debts -€135,880
down €135,880 (-54.4%), from €250,000 to €114,120
- Debts after one year -€87,090
down €87,090 (-5.8%), from €1.5m to €1.4m
- Accrued charges and deferred income +€31,502
up €31,502 (+104%), from €30,222 to €61,724
- Tax, wage and social debts -€25,498
down €25,498 (-20.6%), from €123,948 to €98,450
of which Taxes: -€38,058
- Staff costs +€91,139
up €91,139 (+53.8%), from €169,502 to €260,641
- Taxes -€40,954
down €40,954 (-44.2%), from €92,575 to €51,621
- Depreciation +€25,176
up €25,176 (+25.2%), from €99,991 to €125,167
- Gross operating margin -€18,467
down €18,467 (-2.6%), from €698,339 to €679,872
- Financial charges +€13,361
up €13,361 (+23.2%), from €57,653 to €71,015
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 | €2,093,379 | €2,057,629 | -€35,750 | -1.7% |
| Fixed assets | 21/28 | €1,733,243 | €1,756,068 | +€22,825 | +1.3% |
| Tangible fixed assets | 22/27 | €1,733,243 | €1,756,068 | +€22,825 | +1.3% |
| Land and buildings | 22 | €1,518,179 | €1,564,860 | +€46,681 | +3.1% |
| Plant, machinery and equipment | 23 | €37,709 | €24,556 | -€13,153 | -34.9% |
| Furniture and vehicles | 24 | €4,688 | €3,381 | -€1,306 | -27.9% |
| Leasing and similar rights | 25 | €172,667 | €163,270 | -€9,398 | -5.4% |
| Current assets | 29/58 | €360,136 | €301,561 | -€58,575 | -16.3% |
| Amounts receivable within one year | 40/41 | €170,753 | €44,285 | -€126,468 | -74.1% |
| Trade receivables | 40 | - | €11,289 | +€11,289 | |
| Other amounts receivable | 41 | €170,753 | €32,995 | -€137,758 | -80.7% |
| Cash at bank and in hand | 54/58 | €186,016 | €243,018 | +€57,003 | +30.6% |
| Deferred charges and accrued income | 490/1 | €3,367 | €14,258 | +€10,891 | +323% |
| Total equity and liabilities | 10/49 | €2,093,379 | €2,057,629 | -€35,750 | -1.7% |
| Equity | 10/15 | €53,163 | €211,810 | +€158,648 | +298% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,163 | €186,810 | +€158,648 | +563% |
| Amounts payable | 17/49 | €2,040,216 | €1,845,818 | -€194,398 | -9.5% |
| Amounts payable after more than one year | 17 | €1,513,134 | €1,426,044 | -€87,090 | -5.8% |
| Financial debts | 170/4 | €1,513,134 | €1,426,044 | -€87,090 | -5.8% |
| Amounts payable within one year | 42/48 | €496,860 | €358,050 | -€138,810 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €97,994 | €102,184 | +€4,190 | +4.3% |
| Trade debts | 44 | €24,918 | €43,296 | +€18,378 | +73.8% |
| Suppliers | 440/4 | €24,918 | €43,296 | +€18,378 | +73.8% |
| Taxes, remuneration and social security | 45 | €123,948 | €98,450 | -€25,498 | -20.6% |
| Taxes | 450/3 | €92,254 | €54,196 | -€38,058 | -41.3% |
| Remuneration and social security | 454/9 | €31,694 | €44,254 | +€12,560 | +39.6% |
| Other amounts payable | 47/48 | €250,000 | €114,120 | -€135,880 | -54.4% |
| Accrued charges and deferred income | 492/3 | €30,222 | €61,724 | +€31,502 | +104% |
| Remuneration, social security and pensions | 62 | €169,502 | €260,641 | +€91,139 | +53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,991 | €125,167 | +€25,176 | +25.2% |
| Other operating charges | 640/8 | €7,388 | €14,618 | +€7,231 | +97.9% |
| Gross operating margin | 9900 | €698,339 | €679,872 | -€18,467 | -2.6% |
| Operating profit (loss) | 9901 | €421,458 | €279,446 | -€142,012 | -33.7% |
| Financial income | 75/76B | €6,663 | €1,838 | -€4,826 | -72.4% |
| Recurring financial income | 75 | €6,663 | €1,838 | -€4,826 | -72.4% |
| Financial charges | 65/66B | €57,653 | €71,015 | +€13,361 | +23.2% |
| Recurring financial charges | 65 | €57,653 | €71,015 | +€13,361 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €370,468 | €210,269 | -€160,199 | -43.2% |
| Income taxes | 67/77 | €92,575 | €51,621 | -€40,954 | -44.2% |
| Profit (loss) for the period | 9904 | €277,893 | €158,648 | -€119,245 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €277,893 | €158,648 | -€119,245 | -42.9% |
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.