Lamo: 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.
Lamo
Largest movements
- Cash +€16,267
up €16,267 (+56.8%), from €28,619 to €44,886
mainly Other debts (+€21,033) and Depreciation (+€12,335)
- Tangible fixed assets -€12,335
down €12,335 (-23.6%), from €52,216 to €39,880
of which Leasing and similar rights: -€9,144
- Stocks and contracts -€6,229
down €6,229 (-21.2%), from €29,366 to €23,137
- Receivables within one year +€2,916
up €2,916 (+92.7%), from €3,146 to €6,062
of which Trade receivables: +€2,841
- Deferred charges and accrued income +€1,264
new in 2025: €1,264
- Other debts +€21,033
up €21,033 (+2,165%), from €972 to €22,004
- Debts after one year -€9,192
down €9,192 (-39.4%), from €23,303 to €14,111
- Current portion of long-term debt -€8,500
down €8,500 (-48.0%), from €17,692 to €9,192
- Tax, wage and social debts +€4,083
up €4,083 (+31.4%), from €13,009 to €17,092
of which Taxes: +€3,375
- Profit (loss) carried forward -€3,848
down €3,848 (-7.5%), from -€51,184 to -€55,032
- Staff costs -€9,221
down €9,221 (-23.7%), from €38,931 to €29,710
- Gross operating margin -€3,235
down €3,235 (-6.8%), from €47,788 to €44,553
- Depreciation -€3,216
down €3,216 (-20.7%), from €15,551 to €12,335
- Other operating charges +€1,161
up €1,161 (+36.2%), from €3,207 to €4,368
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 | €113,347 | €115,228 | +€1,882 | +1.7% |
| Fixed assets | 21/28 | €52,216 | €39,880 | -€12,335 | -23.6% |
| Tangible fixed assets | 22/27 | €52,216 | €39,880 | -€12,335 | -23.6% |
| Plant, machinery and equipment | 23 | €1,373 | €477 | -€896 | -65.3% |
| Furniture and vehicles | 24 | €9,201 | €6,905 | -€2,296 | -24.9% |
| Leasing and similar rights | 25 | €41,642 | €32,498 | -€9,144 | -22.0% |
| Current assets | 29/58 | €61,131 | €75,348 | +€14,217 | +23.3% |
| Stocks and contracts in progress | 3 | €29,366 | €23,137 | -€6,229 | -21.2% |
| Stocks | 30/36 | €29,366 | €23,137 | -€6,229 | -21.2% |
| Amounts receivable within one year | 40/41 | €3,146 | €6,062 | +€2,916 | +92.7% |
| Trade receivables | 40 | €787 | €3,628 | +€2,841 | +361% |
| Other amounts receivable | 41 | €2,359 | €2,434 | +€75 | +3.2% |
| Cash at bank and in hand | 54/58 | €28,619 | €44,886 | +€16,267 | +56.8% |
| Deferred charges and accrued income | 490/1 | - | €1,264 | +€1,264 | |
| Total equity and liabilities | 10/49 | €113,347 | €115,228 | +€1,882 | +1.7% |
| Equity | 10/15 | €54,871 | €51,024 | -€3,848 | -7.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | - | -€18,550 | |
| Other | 1109/19 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €87,505 | €87,505 | = | 0.0% |
| Distributable reserves | 133 | €87,505 | €87,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,184 | -€55,032 | -€3,848 | -7.5% |
| Amounts payable | 17/49 | €58,475 | €64,205 | +€5,729 | +9.8% |
| Amounts payable after more than one year | 17 | €23,303 | €14,111 | -€9,192 | -39.4% |
| Financial debts | 170/4 | €23,303 | €14,111 | -€9,192 | -39.4% |
| Amounts payable within one year | 42/48 | €35,173 | €50,094 | +€14,921 | +42.4% |
| Current portion of amounts payable after more than one year | 42 | €17,692 | €9,192 | -€8,500 | -48.0% |
| Trade debts | 44 | €3,500 | €1,806 | -€1,694 | -48.4% |
| Suppliers | 440/4 | €3,500 | €1,806 | -€1,694 | -48.4% |
| Taxes, remuneration and social security | 45 | €13,009 | €17,092 | +€4,083 | +31.4% |
| Taxes | 450/3 | €9,446 | €12,821 | +€3,375 | +35.7% |
| Remuneration and social security | 454/9 | €3,563 | €4,271 | +€708 | +19.9% |
| Other amounts payable | 47/48 | €972 | €22,004 | +€21,033 | +2,165% |
| Remuneration, social security and pensions | 62 | €38,931 | €29,710 | -€9,221 | -23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,551 | €12,335 | -€3,216 | -20.7% |
| Other operating charges | 640/8 | €3,207 | €4,368 | +€1,161 | +36.2% |
| Gross operating margin | 9900 | €47,788 | €44,553 | -€3,235 | -6.8% |
| Operating profit (loss) | 9901 | -€9,901 | -€1,860 | +€8,041 | +81.2% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €1,817 | €1,866 | +€49 | +2.7% |
| Recurring financial charges | 65 | €1,817 | €1,866 | +€49 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,718 | -€3,707 | +€8,012 | +68.4% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€11,858 | -€3,848 | +€8,010 | +67.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,858 | -€3,848 | +€8,010 | +67.6% |
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 14 October 2026 via checked.be.