LAMOLINE V: 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.
LAMOLINE V
Largest movements
- Cash -€218,511
down €218,511 (-80.5%), from €271,401 to €52,890
mainly Current investments (-€175,000) and Contributions, distributions and other (-€80,925)
- Current investments +€175,000
up €175,000 (+15.6%), from €1.1m to €1.3m
- Receivables within one year +€79,154
up €79,154 (+26.9%), from €293,720 to €372,874
of which Other amounts receivable: +€65,647
- Tangible fixed assets -€27,462
down €27,462 (-16.4%), from €167,083 to €139,621
of which Land and buildings: -€13,772
- Reserves +€54,330
up €54,330 (+3.1%), from €1.7m to €1.8m
- Other debts -€47,303
down €47,303 (-85.4%), from €55,404 to €8,101
- Turnover -€205,622
down €205,622 (-19.1%), from €1.1m to €869,393
- Purchases and services -€112,860
down €112,860 (-20.1%), from €560,564 to €447,704
- Gross operating margin -€92,762
down €92,762 (-18.0%), from €514,451 to €421,689
- Staff costs -€73,368
down €73,368 (-25.6%), from €287,000 to €213,632
- Depreciation -€28,364
down €28,364 (-52.9%), from €53,658 to €25,294
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 | €1,869,701 | €1,874,354 | +€4,653 | +0.2% |
| Formation expenses | 20 | €617 | €273 | -€344 | -55.8% |
| Fixed assets | 21/28 | €168,034 | €140,072 | -€27,962 | -16.6% |
| Intangible fixed assets | 21 | €951 | €451 | -€500 | -52.6% |
| Tangible fixed assets | 22/27 | €167,083 | €139,621 | -€27,462 | -16.4% |
| Land and buildings | 22 | €98,870 | €85,098 | -€13,772 | -13.9% |
| Plant, machinery and equipment | 23 | €3,904 | €1,917 | -€1,987 | -50.9% |
| Furniture and vehicles | 24 | €64,309 | €52,606 | -€11,703 | -18.2% |
| Current assets | 29/58 | €1,701,050 | €1,734,009 | +€32,959 | +1.9% |
| Amounts receivable within one year | 40/41 | €293,720 | €372,874 | +€79,154 | +26.9% |
| Trade receivables | 40 | €51,074 | €64,581 | +€13,507 | +26.4% |
| Other amounts receivable | 41 | €242,646 | €308,293 | +€65,647 | +27.1% |
| Current investments | 50/53 | €1,125,006 | €1,300,006 | +€175,000 | +15.6% |
| Cash at bank and in hand | 54/58 | €271,401 | €52,890 | -€218,511 | -80.5% |
| Deferred charges and accrued income | 490/1 | €10,923 | €8,239 | -€2,684 | -24.6% |
| Total equity and liabilities | 10/49 | €1,869,701 | €1,874,354 | +€4,653 | +0.2% |
| Equity | 10/15 | €1,767,510 | €1,818,915 | +€51,405 | +2.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,745,993 | €1,800,323 | +€54,330 | +3.1% |
| Distributable reserves | 133 | €1,745,993 | €1,800,323 | +€54,330 | +3.1% |
| Investment grants | 15 | €2,925 | - | -€2,925 | |
| Amounts payable | 17/49 | €102,191 | €55,439 | -€46,752 | -45.7% |
| Amounts payable within one year | 42/48 | €101,752 | €55,439 | -€46,313 | -45.5% |
| Trade debts | 44 | €7 | €3,277 | +€3,270 | +46,714% |
| Suppliers | 440/4 | €7 | €3,277 | +€3,270 | +46,714% |
| Advances received on contracts in progress | 46 | - | €3,000 | +€3,000 | |
| Taxes, remuneration and social security | 45 | €46,341 | €41,061 | -€5,280 | -11.4% |
| Taxes | 450/3 | €17,578 | €32,121 | +€14,543 | +82.7% |
| Remuneration and social security | 454/9 | €28,763 | €8,940 | -€19,823 | -68.9% |
| Other amounts payable | 47/48 | €55,404 | €8,101 | -€47,303 | -85.4% |
| Accrued charges and deferred income | 492/3 | €439 | - | -€439 | |
| Turnover | 70 | €1,075,015 | €869,393 | -€205,622 | -19.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €560,564 | €447,704 | -€112,860 | -20.1% |
| Remuneration, social security and pensions | 62 | €287,000 | €213,632 | -€73,368 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,658 | €25,294 | -€28,364 | -52.9% |
| Other operating charges | 640/8 | €28,880 | €18,854 | -€10,026 | -34.7% |
| Gross operating margin | 9900 | €514,451 | €421,689 | -€92,762 | -18.0% |
| Operating profit (loss) | 9901 | €144,913 | €163,909 | +€18,996 | +13.1% |
| Financial income | 75/76B | €37,841 | €24,879 | -€12,962 | -34.3% |
| Recurring financial income | 75 | €37,841 | €24,879 | -€12,962 | -34.3% |
| Financial charges | 65/66B | €320 | €190 | -€130 | -40.6% |
| Recurring financial charges | 65 | €320 | €190 | -€130 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €182,434 | €188,598 | +€6,164 | +3.4% |
| Income taxes | 67/77 | €40,810 | €56,268 | +€15,458 | +37.9% |
| Profit (loss) for the period | 9904 | €141,624 | €132,330 | -€9,294 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €141,624 | €132,330 | -€9,294 | -6.6% |
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 23 October 2026 via checked.be.