LASTAMAR: 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.
LASTAMAR
Largest movements
- Tangible fixed assets -€8,647
down €8,647 (-5.3%), from €162,805 to €154,159
of which Land and buildings: -€7,944
- Receivables within one year -€5,928
down €5,928 (-17.8%), from €33,284 to €27,355
of which Other amounts receivable: -€3,202
- Stocks and contracts +€3,057
up €3,057 (+4.4%), from €69,091 to €72,148
of which Contracts in progress: +€28,881
- Debts after one year -€26,409
down €26,409 (-15.6%), from €169,645 to €143,236
- Accrued charges and deferred income +€20,599
up €20,599 (+646%), from €3,190 to €23,789
- Trade debts -€17,961
down €17,961 (-67.0%), from €26,787 to €8,827
- Profit (loss) carried forward +€15,014
up €15,014 (+35.1%), from -€42,724 to -€27,710
- Gross operating margin +€68,247
up €68,247, from -€11,039 to €57,208
- Write-downs +€6,182
new in 2025: €6,182
- Depreciation +€5,929
up €5,929 (+48.5%), from €12,217 to €18,146
- Other operating charges +€5,145
up €5,145 (+382%), from €1,348 to €6,493
- Financial charges -€1,841
down €1,841 (-13.9%), from €13,269 to €11,428
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.
Derived cash bridge
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 | €277,113 | €268,307 | -€8,805 | -3.2% |
| Fixed assets | 21/28 | €162,805 | €154,159 | -€8,647 | -5.3% |
| Tangible fixed assets | 22/27 | €162,805 | €154,159 | -€8,647 | -5.3% |
| Land and buildings | 22 | €159,973 | €152,028 | -€7,944 | -5.0% |
| Plant, machinery and equipment | 23 | €2,833 | €2,130 | -€702 | -24.8% |
| Current assets | 29/58 | €114,307 | €114,149 | -€159 | -0.1% |
| Stocks and contracts in progress | 3 | €69,091 | €72,148 | +€3,057 | +4.4% |
| Stocks | 30/36 | €42,039 | €16,215 | -€25,824 | -61.4% |
| Contracts in progress | 37 | €27,053 | €55,933 | +€28,881 | +107% |
| Amounts receivable within one year | 40/41 | €33,284 | €27,355 | -€5,928 | -17.8% |
| Trade receivables | 40 | €30,082 | €27,355 | -€2,727 | -9.1% |
| Other amounts receivable | 41 | €3,202 | €0 | -€3,202 | -100% |
| Cash at bank and in hand | 54/58 | €11,932 | €13,610 | +€1,678 | +14.1% |
| Deferred charges and accrued income | 490/1 | - | €1,035 | +€1,035 | |
| Total equity and liabilities | 10/49 | €277,113 | €268,307 | -€8,805 | -3.2% |
| Equity | 10/15 | -€20,430 | -€5,416 | +€15,014 | +73.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,093 | €16,093 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €16,093 | €16,093 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,724 | -€27,710 | +€15,014 | +35.1% |
| Amounts payable | 17/49 | €297,543 | €273,724 | -€23,819 | -8.0% |
| Amounts payable after more than one year | 17 | €169,645 | €143,236 | -€26,409 | -15.6% |
| Financial debts | 170/4 | €169,645 | €143,236 | -€26,409 | -15.6% |
| Amounts payable within one year | 42/48 | €124,708 | €106,698 | -€18,010 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €24,702 | €26,409 | +€1,707 | +6.9% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €26,787 | €8,827 | -€17,961 | -67.0% |
| Suppliers | 440/4 | €26,787 | €8,827 | -€17,961 | -67.0% |
| Taxes, remuneration and social security | 45 | €584 | €1,478 | +€894 | +153% |
| Taxes | 450/3 | €584 | €1,478 | +€894 | +153% |
| Other amounts payable | 47/48 | €22,634 | €19,985 | -€2,650 | -11.7% |
| Accrued charges and deferred income | 492/3 | €3,190 | €23,789 | +€20,599 | +646% |
| Non-recurring operating income | 76A | - | €1,477 | +€1,477 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,217 | €18,146 | +€5,929 | +48.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,182 | +€6,182 | |
| Other operating charges | 640/8 | €1,348 | €6,493 | +€5,145 | +382% |
| Gross operating margin | 9900 | -€11,039 | €57,208 | +€68,247 | |
| Operating profit (loss) | 9901 | -€24,604 | €26,387 | +€50,991 | |
| Financial income | 75/76B | €1,718 | €55 | -€1,663 | -96.8% |
| Recurring financial income | 75 | €1,718 | €55 | -€1,663 | -96.8% |
| Financial charges | 65/66B | €13,269 | €11,428 | -€1,841 | -13.9% |
| Recurring financial charges | 65 | €13,269 | €11,428 | -€1,841 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€36,155 | €15,014 | +€51,169 | |
| Profit (loss) for the period | 9904 | -€36,155 | €15,014 | +€51,169 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,155 | €15,014 | +€51,169 |
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 16 October 2026 via checked.be.