LARDIMMO: 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.
LARDIMMO
Largest movements
- Tangible fixed assets -€108,175
down €108,175 (-4.3%), from €2.5m to €2.4m
of which Land and buildings: -€100,695
- Profit (loss) carried forward -€60,883
down €60,883 (-24.6%), from -€247,651 to -€308,534
- Reserves -€33,392
down €33,392 (-1.9%), from €1.8m to €1.7m
of which Tax-exempt reserves: -€33,392
- Gross operating margin +€18,387
up €18,387 (+54.8%), from €33,560 to €51,947
- Depreciation +€11,193
up €11,193 (+9.9%), from €112,950 to €124,143
- Financial income -€8,068
down €8,068 (-100.0%), from €8,071 to €3
- Financial charges +€3,732
up €3,732 (+29.9%), from €12,466 to €16,198
- Other operating charges +€1,749
up €1,749 (+11.7%), from €14,933 to €16,682
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 | €2,564,836 | €2,452,575 | -€112,261 | -4.4% |
| Fixed assets | 21/28 | €2,499,487 | €2,391,312 | -€108,175 | -4.3% |
| Tangible fixed assets | 22/27 | €2,499,487 | €2,391,312 | -€108,175 | -4.3% |
| Land and buildings | 22 | €2,438,159 | €2,337,464 | -€100,695 | -4.1% |
| Plant, machinery and equipment | 23 | €58,690 | €51,700 | -€6,991 | -11.9% |
| Furniture and vehicles | 24 | €2,638 | €2,149 | -€489 | -18.5% |
| Current assets | 29/58 | €65,349 | €61,262 | -€4,087 | -6.3% |
| Amounts receivable within one year | 40/41 | €60,348 | €59,813 | -€535 | -0.9% |
| Trade receivables | 40 | €9,161 | - | -€9,161 | |
| Other amounts receivable | 41 | €51,187 | €59,813 | +€8,626 | +16.9% |
| Cash at bank and in hand | 54/58 | €3,455 | €614 | -€2,841 | -82.2% |
| Deferred charges and accrued income | 490/1 | €1,547 | €836 | -€711 | -46.0% |
| Total equity and liabilities | 10/49 | €2,564,836 | €2,452,575 | -€112,261 | -4.4% |
| Equity | 10/15 | €1,590,172 | €1,495,896 | -€94,276 | -5.9% |
| 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% |
| Reserves | 13 | €1,775,822 | €1,742,430 | -€33,392 | -1.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €943,473 | €910,081 | -€33,392 | -3.5% |
| Distributable reserves | 133 | €826,149 | €826,149 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€247,651 | -€308,534 | -€60,883 | -24.6% |
| Provisions and deferred taxes | 16 | €314,498 | €303,367 | -€11,131 | -3.5% |
| Deferred taxes | 168 | €314,498 | €303,367 | -€11,131 | -3.5% |
| Amounts payable | 17/49 | €660,166 | €653,312 | -€6,855 | -1.0% |
| Amounts payable after more than one year | 17 | €300,080 | €280,145 | -€19,936 | -6.6% |
| Financial debts | 170/4 | €300,080 | €280,145 | -€19,936 | -6.6% |
| Amounts payable within one year | 42/48 | €360,086 | €373,167 | +€13,081 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €14,822 | €19,936 | +€5,113 | +34.5% |
| Trade debts | 44 | - | €4,180 | +€4,180 | |
| Suppliers | 440/4 | - | €4,180 | +€4,180 | |
| Taxes, remuneration and social security | 45 | €184 | €317 | +€133 | +72.0% |
| Taxes | 450/3 | €184 | €317 | +€133 | +72.0% |
| Other amounts payable | 47/48 | €345,080 | €348,734 | +€3,654 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,950 | €124,143 | +€11,193 | +9.9% |
| Other operating charges | 640/8 | €14,933 | €16,682 | +€1,749 | +11.7% |
| Gross operating margin | 9900 | €33,560 | €51,947 | +€18,387 | +54.8% |
| Operating profit (loss) | 9901 | -€94,323 | -€88,878 | +€5,445 | +5.8% |
| Financial income | 75/76B | €8,071 | €3 | -€8,068 | -100.0% |
| Recurring financial income | 75 | €8,071 | €3 | -€8,068 | -100.0% |
| Financial charges | 65/66B | €12,466 | €16,198 | +€3,732 | +29.9% |
| Recurring financial charges | 65 | €12,466 | €16,198 | +€3,732 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | -€98,718 | -€105,073 | -€6,355 | -6.4% |
| Transfer from deferred taxes | 780 | €11,131 | €11,131 | = | 0.0% |
| Income taxes | 67/77 | €184 | €333 | +€149 | +81.0% |
| Profit (loss) for the period | 9904 | -€87,771 | -€94,276 | -€6,504 | -7.4% |
| Transfer from tax-exempt reserves | 789 | €33,392 | €33,392 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,379 | -€60,883 | -€6,504 | -12.0% |
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 2 October 2026 via checked.be.