LAMSEY: 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.
LAMSEY
Largest movements
- Cash +€24,162
up €24,162 (+4801.6%), from €503 to €24,666
mainly Net result for the year (+€34,582) and Trade debts (+€17,680)
- Receivables within one year +€21,548
up €21,548 (+28.9%), from €74,627 to €96,175
of which Trade receivables: +€23,832
- Receivables after one year -€9,453
down €9,453 (-11.9%), from €79,460 to €70,007
- Tangible fixed assets -€5,184
down €5,184 (-51.1%), from €10,142 to €4,958
- Profit (loss) carried forward +€34,582
up €34,582, from -€22,875 to €11,707
- Tax, wage and social debts -€19,151
down €19,151 (-45.9%), from €41,721 to €22,570
of which Remuneration and social security: -€21,450
- Trade debts +€17,680
up €17,680 (+31.9%), from €55,409 to €73,089
- Staff costs -€95,970
no longer reported in 2025 (was €95,970)
- Gross operating margin -€72,736
down €72,736 (-53.3%), from €136,489 to €63,753
- Other operating charges -€2,609
down €2,609 (-48.4%), from €5,387 to €2,778
- Financial charges -€1,843
down €1,843 (-26.2%), from €7,032 to €5,190
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 | €169,114 | €200,695 | +€31,581 | +18.7% |
| Fixed assets | 21/28 | €14,327 | €9,143 | -€5,184 | -36.2% |
| Tangible fixed assets | 22/27 | €10,142 | €4,958 | -€5,184 | -51.1% |
| Furniture and vehicles | 24 | €10,142 | €4,958 | -€5,184 | -51.1% |
| Financial fixed assets | 28 | €4,185 | €4,185 | = | 0.0% |
| Current assets | 29/58 | €154,787 | €191,552 | +€36,765 | +23.8% |
| Amounts receivable after more than one year | 29 | €79,460 | €70,007 | -€9,453 | -11.9% |
| Other amounts receivable | 291 | €79,460 | €70,007 | -€9,453 | -11.9% |
| Amounts receivable within one year | 40/41 | €74,627 | €96,175 | +€21,548 | +28.9% |
| Trade receivables | 40 | €42,289 | €66,121 | +€23,832 | +56.4% |
| Other amounts receivable | 41 | €32,338 | €30,054 | -€2,284 | -7.1% |
| Cash at bank and in hand | 54/58 | €503 | €24,666 | +€24,162 | +4801.6% |
| Deferred charges and accrued income | 490/1 | €197 | €705 | +€508 | +257.5% |
| Total equity and liabilities | 10/49 | €169,114 | €200,695 | +€31,581 | +18.7% |
| Equity | 10/15 | €39,550 | €74,132 | +€34,582 | +87.4% |
| Contributions | 10/11 | €62,200 | €62,200 | = | 0.0% |
| Reserves | 13 | €225 | €225 | = | 0.0% |
| Non-distributable reserves | 130/1 | €225 | €225 | = | 0.0% |
| Reserves not available under the articles | 1311 | €225 | €225 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,875 | €11,707 | +€34,582 | |
| Amounts payable | 17/49 | €129,564 | €126,563 | -€3,001 | -2.3% |
| Amounts payable within one year | 42/48 | €128,114 | €126,563 | -€1,551 | -1.2% |
| Financial debts | 43 | €30,983 | €30,904 | -€79 | -0.3% |
| Credit institutions | 430/8 | €30,983 | €30,904 | -€79 | -0.3% |
| Trade debts | 44 | €55,409 | €73,089 | +€17,680 | +31.9% |
| Suppliers | 440/4 | €55,409 | €73,089 | +€17,680 | +31.9% |
| Taxes, remuneration and social security | 45 | €41,721 | €22,570 | -€19,151 | -45.9% |
| Taxes | 450/3 | €20,271 | €22,570 | +€2,299 | +11.3% |
| Remuneration and social security | 454/9 | €21,450 | - | -€21,450 | |
| Accrued charges and deferred income | 492/3 | €1,450 | - | -€1,450 | |
| Remuneration, social security and pensions | 62 | €95,970 | - | -€95,970 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,186 | €7,369 | +€182 | +2.5% |
| Other operating charges | 640/8 | €5,387 | €2,778 | -€2,609 | -48.4% |
| Non-recurring operating charges | 66A | €15,000 | €10,000 | -€5,000 | -33.3% |
| Gross operating margin | 9900 | €136,489 | €63,753 | -€72,736 | -53.3% |
| Operating profit (loss) | 9901 | €12,946 | €43,606 | +€30,660 | +236.8% |
| Financial income | 75/76B | €1,341 | €1,664 | +€322 | +24.0% |
| Recurring financial income | 75 | €1,341 | €1,664 | +€322 | +24.0% |
| Financial charges | 65/66B | €7,032 | €5,190 | -€1,843 | -26.2% |
| Recurring financial charges | 65 | €7,032 | €5,190 | -€1,843 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €7,255 | €40,080 | +€32,825 | +452.5% |
| Income taxes | 67/77 | €5,080 | €5,498 | +€418 | +8.2% |
| Profit (loss) for the period | 9904 | €2,175 | €34,582 | +€32,407 | +1490.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,175 | €34,582 | +€32,407 | +1490.1% |
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 11 October 2026 via checked.be.