't LAM GODS: what changed
't LAM GODS
Largest movements
- Current investments -€50,000
down €50,000 (-50.0%), from €100,000 to €50,000
- Cash +€37,038
up €37,038 (+201%), from €18,424 to €55,462
mainly Current investments (+€50,000) and Depreciation (+€33,304)
- Tangible fixed assets -€32,034
down €32,034 (-24.0%), from €133,690 to €101,656
of which Furniture and vehicles: -€27,010
- Deferred charges and accrued income -€15,378
down €15,378 (-85.7%), from €17,953 to €2,576
- Receivables within one year +€3,791
up €3,791, from €0 to €3,791
- Other debts -€34,273
down €34,273 (-32.5%), from €105,605 to €71,332
- Trade debts -€28,432
down €28,432 (-79.9%), from €35,565 to €7,133
- Reserves +€19,998
up €19,998 (+25.9%), from €77,199 to €97,197
- Debts after one year -€14,698
down €14,698 (-100%), from €14,698 to €0
- Tax, wage and social debts -€9,223
down €9,223 (-60.8%), from €15,174 to €5,951
of which Remuneration and social security: -€10,302
- Staff costs -€45,132
down €45,132 (-100%), from €45,132 to €0
- Gross operating margin -€12,030
down €12,030 (-14.3%), from €84,369 to €72,339
- Taxes +€8,483
up €8,483 (+809%), from €1,049 to €9,531
- Financial charges +€5,126
up €5,126 (+121%), from €4,237 to €9,362
- Other operating charges -€2,506
down €2,506 (-63.8%), from €3,928 to €1,422
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,068 | €225,484 | -€56,584 | -20.1% |
| Fixed assets | 21/28 | €137,190 | €105,156 | -€32,034 | -23.4% |
| Tangible fixed assets | 22/27 | €133,690 | €101,656 | -€32,034 | -24.0% |
| Plant, machinery and equipment | 23 | €21,289 | €16,265 | -€5,024 | -23.6% |
| Furniture and vehicles | 24 | €112,401 | €85,390 | -€27,010 | -24.0% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €144,878 | €120,328 | -€24,549 | -16.9% |
| Stocks and contracts in progress | 3 | €8,500 | €8,500 | = | 0.0% |
| Stocks | 30/36 | €8,500 | €8,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €0 | €3,791 | +€3,791 | |
| Other amounts receivable | 41 | €0 | €3,791 | +€3,791 | |
| Current investments | 50/53 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €18,424 | €55,462 | +€37,038 | +201% |
| Deferred charges and accrued income | 490/1 | €17,953 | €2,576 | -€15,378 | -85.7% |
| Total equity and liabilities | 10/49 | €282,068 | €225,484 | -€56,584 | -20.1% |
| Equity | 10/15 | €94,775 | €115,797 | +€21,022 | +22.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €77,199 | €97,197 | +€19,998 | +25.9% |
| Distributable reserves | 133 | €77,199 | €97,197 | +€19,998 | +25.9% |
| Profit (loss) carried forward | 14 | -€1,024 | €0 | +€1,024 | |
| Amounts payable | 17/49 | €187,293 | €109,687 | -€77,606 | -41.4% |
| Amounts payable after more than one year | 17 | €14,698 | €0 | -€14,698 | -100% |
| Financial debts | 170/4 | €14,698 | €0 | -€14,698 | -100% |
| Amounts payable within one year | 42/48 | €172,129 | €102,515 | -€69,614 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €15,379 | €14,698 | -€681 | -4.4% |
| Trade debts | 44 | €35,565 | €7,133 | -€28,432 | -79.9% |
| Suppliers | 440/4 | €35,565 | €7,133 | -€28,432 | -79.9% |
| Advances received on contracts in progress | 46 | €406 | €3,401 | +€2,995 | +738% |
| Taxes, remuneration and social security | 45 | €15,174 | €5,951 | -€9,223 | -60.8% |
| Taxes | 450/3 | €3,685 | €4,764 | +€1,080 | +29.3% |
| Remuneration and social security | 454/9 | €11,489 | €1,187 | -€10,302 | -89.7% |
| Other amounts payable | 47/48 | €105,605 | €71,332 | -€34,273 | -32.5% |
| Accrued charges and deferred income | 492/3 | €465 | €7,172 | +€6,706 | +1,441% |
| Remuneration, social security and pensions | 62 | €45,132 | €0 | -€45,132 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,495 | €33,304 | -€192 | -0.6% |
| Other operating charges | 640/8 | €3,928 | €1,422 | -€2,506 | -63.8% |
| Gross operating margin | 9900 | €84,369 | €72,339 | -€12,030 | -14.3% |
| Operating profit (loss) | 9901 | €1,813 | €37,613 | +€35,800 | +1,975% |
| Financial income | 75/76B | €2,448 | €2,303 | -€146 | -5.9% |
| Recurring financial income | 75 | €2,448 | €2,303 | -€146 | -5.9% |
| Financial charges | 65/66B | €4,237 | €9,362 | +€5,126 | +121% |
| Recurring financial charges | 65 | €4,237 | €9,362 | +€5,126 | +121% |
| Profit (loss) for the period before taxes | 9903 | €25 | €30,554 | +€30,529 | +124,456% |
| Income taxes | 67/77 | €1,049 | €9,531 | +€8,483 | +809% |
| Profit (loss) for the period | 9904 | -€1,024 | €21,022 | +€22,046 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,024 | €21,022 | +€22,046 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.