LAMS HOLDING: 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.
What changed
LAMS HOLDING
NACE 66.199, Other activities auxiliary to financial services, excluding insurance and pension funding
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5,718
2024 · €57,104-€51,386
Equity
€420,798
2024 · €415,080+€5,718
Cash
€38,600
2024 · €58,380-€19,780
Balance sheet total
€990,772
2024 · €1.0m-€16,119
Largest movements
Assets
- Cash -€19,780
down €19,780 (-33.9%), from €58,380 to €38,600
mainly Investment in fixed assets (net) (-€27,658) and Debts after one year (-€21,076)
Equity and liabilities
- Debts after one year -€21,076
down €21,076 (-3.9%), from €540,247 to €519,171
Income statement
- Gross operating margin -€35,396
down €35,396 (-39.9%), from €88,721 to €53,325
- Depreciation +€15,420
up €15,420 (+222.6%), from €6,927 to €22,347
- Taxes +€1,901
up €1,901 (+570.0%), from €334 to €2,235
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.
Result 2024
€57,104
Gross operating margin
-€35,396
Depreciation
-€15,420
Other operating charges
+€145
Financial income
+€0
Financial charges
+€837
Taxes
-€1,901
Deferred taxes and other
+€348
Result 2025
€5,718
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.
From operations
+€28,144
Investment
-€27,658
Financing
-€20,266
Cash 2024
€58,380
From operations (derived)
+€28,144
Net result for the year
+€5,718
Depreciation
+€22,347
Receivables within one year
+€1,427
Deferred charges and accrued income
+€224
Provisions
-€523
Trade debts
+€31
Tax, wage and social debts
-€2,930
Other debts
+€1,632
Accrued charges and deferred income
+€219
Investment (derived)
-€27,658
Investment in fixed assets (net)
-€27,658
Financing
-€20,266
Debts after one year
-€21,076
Current portion of long-term debt
+€810
Cash 2025
€38,600
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,006,892 | €990,772 | -€16,119 | -1.6% |
| Fixed assets | 21/28 | €938,206 | €943,517 | +€5,311 | +0.6% |
| Tangible fixed assets | 22/27 | €735,706 | €741,017 | +€5,311 | +0.7% |
| Land and buildings | 22 | €735,706 | €739,575 | +€3,869 | +0.5% |
| Furniture and vehicles | 24 | - | €1,443 | +€1,443 | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €202,500 | €202,500 | = | 0.0% |
| Current assets | 29/58 | €68,686 | €47,255 | -€21,431 | -31.2% |
| Amounts receivable within one year | 40/41 | €9,930 | €8,504 | -€1,427 | -14.4% |
| Trade receivables | 40 | €9,254 | €7,738 | -€1,515 | -16.4% |
| Other amounts receivable | 41 | €677 | €765 | +€89 | +13.1% |
| Cash at bank and in hand | 54/58 | €58,380 | €38,600 | -€19,780 | -33.9% |
| Deferred charges and accrued income | 490/1 | €375 | €151 | -€224 | -59.7% |
| Total equity and liabilities | 10/49 | €1,006,892 | €990,772 | -€16,119 | -1.6% |
| Equity | 10/15 | €415,080 | €420,798 | +€5,718 | +1.4% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €304,764 | €310,192 | +€5,428 | +1.8% |
| Non-distributable reserves | 130/1 | €249 | €249 | = | 0.0% |
| Other | 1319 | €249 | €249 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,764 | €48,192 | -€1,572 | -3.2% |
| Distributable reserves | 133 | €254,751 | €261,751 | +€7,000 | +2.7% |
| Profit (loss) carried forward | 14 | €316 | €606 | +€290 | +91.8% |
| Provisions and deferred taxes | 16 | €12,397 | €11,874 | -€523 | -4.2% |
| Deferred taxes | 168 | €12,397 | €11,874 | -€523 | -4.2% |
| Amounts payable | 17/49 | €579,414 | €558,100 | -€21,314 | -3.7% |
| Amounts payable after more than one year | 17 | €540,247 | €519,171 | -€21,076 | -3.9% |
| Financial debts | 170/4 | €540,247 | €519,171 | -€21,076 | -3.9% |
| Amounts payable within one year | 42/48 | €38,917 | €38,459 | -€458 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €20,266 | €21,076 | +€810 | +4.0% |
| Trade debts | 44 | €369 | €400 | +€31 | +8.3% |
| Suppliers | 440/4 | €369 | €400 | +€31 | +8.3% |
| Taxes, remuneration and social security | 45 | €6,027 | €3,096 | -€2,930 | -48.6% |
| Taxes | 450/3 | €6,027 | €3,096 | -€2,930 | -48.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €12,255 | €13,887 | +€1,632 | +13.3% |
| Accrued charges and deferred income | 492/3 | €251 | €470 | +€219 | +87.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,927 | €22,347 | +€15,420 | +222.6% |
| Other operating charges | 640/8 | €1,128 | €983 | -€145 | -12.9% |
| Gross operating margin | 9900 | €88,721 | €53,325 | -€35,396 | -39.9% |
| Operating profit (loss) | 9901 | €80,666 | €29,995 | -€50,670 | -62.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €23,404 | €22,567 | -€837 | -3.6% |
| Recurring financial charges | 65 | €23,404 | €22,567 | -€837 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €57,262 | €7,429 | -€49,833 | -87.0% |
| Transfer from deferred taxes | 780 | €175 | €523 | +€348 | +199.2% |
| Income taxes | 67/77 | €334 | €2,235 | +€1,901 | +570.0% |
| Profit (loss) for the period | 9904 | €57,104 | €5,718 | -€51,386 | -90.0% |
| Transfer from tax-exempt reserves | 789 | €525 | €1,572 | +€1,047 | +199.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,629 | €7,290 | -€50,339 | -87.4% |
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 12 October 2026 via checked.be.