LAMOT: what changed
Two fiscal 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.
LAMOT
Largest movements
- Stocks and contracts +€18,653
up €18,653 (+36.2%), from €51,500 to €70,153
- Tangible fixed assets +€9,671
up €9,671 (+17.0%), from €56,914 to €66,585
of which Plant, machinery and equipment: +€17,320
- Receivables within one year +€7,935
up €7,935 (+23.3%), from €34,026 to €41,960
of which Trade receivables: +€4,384
- Cash -€3,614
down €3,614 (-7.8%), from €46,298 to €42,684
mainly Investment in fixed assets (net) (-€26,467) and Stocks and contracts (-€18,653)
- Profit (loss) carried forward +€36,651
up €36,651 (+30.1%), from €121,880 to €158,531
- Debts after one year -€5,281
down €5,281 (-23.9%), from €22,087 to €16,806
- Gross operating margin +€22,708
up €22,708 (+48.1%), from €47,196 to €69,904
- Depreciation +€7,023
up €7,023 (+71.9%), from €9,774 to €16,797
- Taxes +€4,969
up €4,969 (+60.7%), from €8,188 to €13,158
- Financial charges +€1,495
up €1,495 (+308.2%), from €485 to €1,980
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 | €189,550 | €222,194 | +€32,644 | +17.2% |
| Fixed assets | 21/28 | €57,726 | €67,397 | +€9,671 | +16.8% |
| Tangible fixed assets | 22/27 | €56,914 | €66,585 | +€9,671 | +17.0% |
| Plant, machinery and equipment | 23 | €10,738 | €28,058 | +€17,320 | +161.3% |
| Furniture and vehicles | 24 | €18,848 | €16,799 | -€2,049 | -10.9% |
| Leasing and similar rights | 25 | €27,327 | €21,727 | -€5,600 | -20.5% |
| Financial fixed assets | 28 | €812 | €812 | = | 0.0% |
| Current assets | 29/58 | €131,823 | €154,797 | +€22,973 | +17.4% |
| Stocks and contracts in progress | 3 | €51,500 | €70,153 | +€18,653 | +36.2% |
| Stocks | 30/36 | €51,500 | €70,153 | +€18,653 | +36.2% |
| Amounts receivable within one year | 40/41 | €34,026 | €41,960 | +€7,935 | +23.3% |
| Trade receivables | 40 | €34,026 | €38,410 | +€4,384 | +12.9% |
| Other amounts receivable | 41 | - | €3,551 | +€3,551 | |
| Cash at bank and in hand | 54/58 | €46,298 | €42,684 | -€3,614 | -7.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €189,550 | €222,194 | +€32,644 | +17.2% |
| Equity | 10/15 | €131,880 | €168,531 | +€36,651 | +27.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,880 | €158,531 | +€36,651 | +30.1% |
| Amounts payable | 17/49 | €57,669 | €53,663 | -€4,006 | -6.9% |
| Amounts payable after more than one year | 17 | €22,087 | €16,806 | -€5,281 | -23.9% |
| Financial debts | 170/4 | €22,087 | €16,806 | -€5,281 | -23.9% |
| Amounts payable within one year | 42/48 | €35,582 | €36,857 | +€1,275 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €4,973 | €5,281 | +€308 | +6.2% |
| Trade debts | 44 | €10,052 | €10,177 | +€125 | +1.2% |
| Suppliers | 440/4 | €10,052 | €10,177 | +€125 | +1.2% |
| Taxes, remuneration and social security | 45 | €19,623 | €21,399 | +€1,776 | +9.0% |
| Taxes | 450/3 | €19,623 | €21,399 | +€1,776 | +9.0% |
| Other amounts payable | 47/48 | €934 | €0 | -€934 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,774 | €16,797 | +€7,023 | +71.9% |
| Other operating charges | 640/8 | €1,444 | €1,494 | +€50 | +3.4% |
| Gross operating margin | 9900 | €47,196 | €69,904 | +€22,708 | +48.1% |
| Operating profit (loss) | 9901 | €35,979 | €51,614 | +€15,635 | +43.5% |
| Financial income | 75/76B | €190 | €174 | -€17 | -8.7% |
| Recurring financial income | 75 | €190 | €174 | -€17 | -8.7% |
| Financial charges | 65/66B | €485 | €1,980 | +€1,495 | +308.2% |
| Recurring financial charges | 65 | €485 | €1,980 | +€1,495 | +308.2% |
| Profit (loss) for the period before taxes | 9903 | €35,684 | €49,808 | +€14,124 | +39.6% |
| Income taxes | 67/77 | €8,188 | €13,158 | +€4,969 | +60.7% |
| Profit (loss) for the period | 9904 | €27,496 | €36,651 | +€9,155 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,496 | €36,651 | +€9,155 | +33.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.