Lamucha: 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.
Lamucha
Largest movements
- Stocks and contracts +€11,729
new in 2025: €11,729
- Tangible fixed assets -€4,741
down €4,741 (-12.1%), from €39,251 to €34,510
of which Plant, machinery and equipment: -€3,178
- Cash +€2,295
up €2,295 (+37.0%), from €6,199 to €8,494
mainly Other debts (+€12,193) and Depreciation (+€8,644)
- Receivables within one year +€995
up €995 (+168.7%), from €590 to €1,584
of which Trade receivables: +€1,190
- Other debts +€12,193
up €12,193 (+28.5%), from €42,774 to €54,967
- Short-term financial debts -€2,716
no longer reported in 2025 (was €2,716)
- Tax, wage and social debts -€2,690
down €2,690 (-54.4%), from €4,948 to €2,258
of which Remuneration and social security: -€1,765
- Profit (loss) carried forward +€1,915
up €1,915 (+10.0%), from -€19,163 to -€17,248
- Trade debts +€1,576
up €1,576 (+13.1%), from €12,064 to €13,640
- Gross operating margin +€25,205
up €25,205, from -€11,544 to €13,661
- Depreciation +€3,023
up €3,023 (+53.8%), from €5,621 to €8,644
- Other operating charges +€808
up €808 (+50.1%), from €1,613 to €2,421
- Financial charges +€375
up €375 (+212.9%), from €176 to €551
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 | €46,040 | €56,317 | +€10,277 | +22.3% |
| Fixed assets | 21/28 | €39,251 | €34,510 | -€4,741 | -12.1% |
| Tangible fixed assets | 22/27 | €39,251 | €34,510 | -€4,741 | -12.1% |
| Land and buildings | 22 | €2,946 | €2,797 | -€149 | -5.1% |
| Plant, machinery and equipment | 23 | €13,893 | €10,714 | -€3,178 | -22.9% |
| Furniture and vehicles | 24 | €16,582 | €15,805 | -€777 | -4.7% |
| Other tangible fixed assets | 26 | €5,831 | €5,193 | -€637 | -10.9% |
| Current assets | 29/58 | €6,788 | €21,807 | +€15,019 | +221.2% |
| Stocks and contracts in progress | 3 | - | €11,729 | +€11,729 | |
| Stocks | 30/36 | - | €11,729 | +€11,729 | |
| Amounts receivable within one year | 40/41 | €590 | €1,584 | +€995 | +168.7% |
| Trade receivables | 40 | - | €1,190 | +€1,190 | |
| Other amounts receivable | 41 | €590 | €394 | -€196 | -33.2% |
| Cash at bank and in hand | 54/58 | €6,199 | €8,494 | +€2,295 | +37.0% |
| Total equity and liabilities | 10/49 | €46,040 | €56,317 | +€10,277 | +22.3% |
| Equity | 10/15 | -€16,463 | -€14,548 | +€1,915 | +11.6% |
| Contributions | 10/11 | €2,700 | €2,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,163 | -€17,248 | +€1,915 | +10.0% |
| Amounts payable | 17/49 | €62,502 | €70,865 | +€8,363 | +13.4% |
| Amounts payable within one year | 42/48 | €62,502 | €70,865 | +€8,363 | +13.4% |
| Financial debts | 43 | €2,716 | - | -€2,716 | |
| Credit institutions | 430/8 | €2,716 | - | -€2,716 | |
| Trade debts | 44 | €12,064 | €13,640 | +€1,576 | +13.1% |
| Suppliers | 440/4 | €12,064 | €13,640 | +€1,576 | +13.1% |
| Taxes, remuneration and social security | 45 | €4,948 | €2,258 | -€2,690 | -54.4% |
| Taxes | 450/3 | €3,183 | €2,258 | -€925 | -29.1% |
| Remuneration and social security | 454/9 | €1,765 | - | -€1,765 | |
| Other amounts payable | 47/48 | €42,774 | €54,967 | +€12,193 | +28.5% |
| Remuneration, social security and pensions | 62 | €280 | €180 | -€100 | -35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,621 | €8,644 | +€3,023 | +53.8% |
| Other operating charges | 640/8 | €1,613 | €2,421 | +€808 | +50.1% |
| Gross operating margin | 9900 | -€11,544 | €13,661 | +€25,205 | |
| Operating profit (loss) | 9901 | -€19,058 | €2,416 | +€21,474 | |
| Financial income | 75/76B | €71 | €120 | +€49 | +68.7% |
| Recurring financial income | 75 | €71 | €120 | +€49 | +68.7% |
| Non-recurring financial income | 76B | €71 | - | -€71 | |
| Financial charges | 65/66B | €176 | €551 | +€375 | +212.9% |
| Recurring financial charges | 65 | €176 | €551 | +€375 | +212.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,163 | €1,985 | +€21,148 | |
| Income taxes | 67/77 | - | €70 | +€70 | |
| Profit (loss) for the period | 9904 | -€19,163 | €1,915 | +€21,078 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,163 | €1,915 | +€21,078 |
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 6 October 2026 via checked.be.