Lamotex: 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.
Lamotex
Largest movements
- Cash -€30,322
down €30,322 (-59.9%), from €50,614 to €20,293
mainly Investment in fixed assets (net) (-€30,710) and Stocks and contracts (-€22,379)
- Receivables within one year -€23,900
down €23,900 (-18.2%), from €131,231 to €107,331
of which Trade receivables: -€33,877
- Stocks and contracts +€22,379
up €22,379 (+11.1%), from €201,291 to €223,669
- Tangible fixed assets +€20,382
up €20,382 (+2.9%), from €709,889 to €730,271
of which Plant, machinery and equipment: +€19,255
- Short-term financial debts +€20,238
up €20,238 (+10.9%), from €185,325 to €205,563
- Trade debts -€16,134
down €16,134 (-7.7%), from €210,806 to €194,672
- Profit (loss) carried forward -€12,529
down €12,529, from €0 to -€12,529
- Gross operating margin -€26,490
down €26,490 (-10.6%), from €250,675 to €224,185
- Staff costs +€16,709
up €16,709 (+8.8%), from €189,371 to €206,080
- Taxes -€8,627
down €8,627 (-100.0%), from €8,627 to €0
- Financial charges -€4,583
down €4,583 (-20.9%), from €21,880 to €17,297
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 | €1,098,509 | €1,085,827 | -€12,683 | -1.2% |
| Fixed assets | 21/28 | €709,889 | €730,271 | +€20,382 | +2.9% |
| Tangible fixed assets | 22/27 | €709,889 | €730,271 | +€20,382 | +2.9% |
| Land and buildings | 22 | €698,511 | €699,982 | +€1,471 | +0.2% |
| Plant, machinery and equipment | 23 | €9,209 | €28,464 | +€19,255 | +209.1% |
| Furniture and vehicles | 24 | €2,168 | €1,824 | -€344 | -15.8% |
| Current assets | 29/58 | €388,621 | €355,555 | -€33,065 | -8.5% |
| Stocks and contracts in progress | 3 | €201,291 | €223,669 | +€22,379 | +11.1% |
| Stocks | 30/36 | €201,291 | €223,669 | +€22,379 | +11.1% |
| Amounts receivable within one year | 40/41 | €131,231 | €107,331 | -€23,900 | -18.2% |
| Trade receivables | 40 | €127,882 | €94,004 | -€33,877 | -26.5% |
| Other amounts receivable | 41 | €3,349 | €13,326 | +€9,977 | +297.9% |
| Cash at bank and in hand | 54/58 | €50,614 | €20,293 | -€30,322 | -59.9% |
| Deferred charges and accrued income | 490/1 | €5,485 | €4,263 | -€1,222 | -22.3% |
| Total equity and liabilities | 10/49 | €1,098,509 | €1,085,827 | -€12,683 | -1.2% |
| Equity | 10/15 | €353,945 | €340,547 | -€13,398 | -3.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €149,169 | €149,169 | = | 0.0% |
| Reserves | 13 | €127,396 | €127,396 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €429 | €429 | = | 0.0% |
| Distributable reserves | 133 | €120,767 | €120,767 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€12,529 | -€12,529 | |
| Investment grants | 15 | €15,380 | €14,511 | -€869 | -5.6% |
| Provisions and deferred taxes | 16 | €54,427 | €54,427 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €54,427 | €54,427 | = | 0.0% |
| Pensions and similar obligations | 160 | €54,427 | €54,427 | = | 0.0% |
| Amounts payable | 17/49 | €690,138 | €690,853 | +€715 | +0.1% |
| Amounts payable after more than one year | 17 | €248,812 | €248,487 | -€326 | -0.1% |
| Financial debts | 170/4 | €248,812 | €248,487 | -€326 | -0.1% |
| Amounts payable within one year | 42/48 | €439,716 | €440,873 | +€1,157 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €10,127 | €10,326 | +€199 | +2.0% |
| Financial debts | 43 | €185,325 | €205,563 | +€20,238 | +10.9% |
| Credit institutions | 430/8 | €185,325 | €205,563 | +€20,238 | +10.9% |
| Trade debts | 44 | €210,806 | €194,672 | -€16,134 | -7.7% |
| Suppliers | 440/4 | €210,806 | €194,672 | -€16,134 | -7.7% |
| Taxes, remuneration and social security | 45 | €26,792 | €25,312 | -€1,480 | -5.5% |
| Taxes | 450/3 | €8,212 | €8,015 | -€197 | -2.4% |
| Remuneration and social security | 454/9 | €18,580 | €17,297 | -€1,283 | -6.9% |
| Other amounts payable | 47/48 | €6,666 | €5,000 | -€1,666 | -25.0% |
| Accrued charges and deferred income | 492/3 | €1,610 | €1,494 | -€116 | -7.2% |
| Non-recurring operating income | 76A | €19,420 | €0 | -€19,420 | -100.0% |
| Remuneration, social security and pensions | 62 | €189,371 | €206,080 | +€16,709 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,711 | €10,328 | +€1,617 | +18.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €897 | +€897 | |
| Other operating charges | 640/8 | €7,074 | €6,923 | -€151 | -2.1% |
| Gross operating margin | 9900 | €250,675 | €224,185 | -€26,490 | -10.6% |
| Operating profit (loss) | 9901 | €45,520 | -€44 | -€45,564 | |
| Financial income | 75/76B | €2,830 | €4,811 | +€1,981 | +70.0% |
| Recurring financial income | 75 | €2,830 | €4,811 | +€1,981 | +70.0% |
| Financial charges | 65/66B | €21,880 | €17,297 | -€4,583 | -20.9% |
| Recurring financial charges | 65 | €21,880 | €17,297 | -€4,583 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €26,470 | -€12,529 | -€39,000 | |
| Income taxes | 67/77 | €8,627 | €0 | -€8,627 | -100.0% |
| Profit (loss) for the period | 9904 | €17,844 | -€12,529 | -€30,373 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,844 | -€12,529 | -€30,373 |
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 8 October 2026 via checked.be.