'T LAMMEKE: 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.
'T LAMMEKE
Largest movements
- Cash -€12,098
no longer reported in 2025 (was €12,098)
mainly Current investments (-€9,344) and Investment in fixed assets (net) (-€7,907)
- Current investments +€9,344
new in 2025: €9,344
- Tangible fixed assets +€5,427
up €5,427 (+413%), from €1,315 to €6,742
of which Furniture and vehicles: +€4,733
- Receivables within one year +€3,094
up €3,094 (+48.0%), from €6,450 to €9,544
of which Other amounts receivable: +€1,929
- Trade debts +€4,315
up €4,315 (+272%), from €1,588 to €5,903
- Current portion of long-term debt +€2,958
new in 2025: €2,958
- Profit (loss) carried forward -€1,834
down €1,834 (-8.6%), from €21,209 to €19,375
- Turnover -€42,270
down €42,270 (-12.0%), from €351,904 to €309,634
- Gross operating margin -€21,854
down €21,854 (-17.7%), from €123,355 to €101,501
- Purchases and services -€20,416
down €20,416 (-8.9%), from €228,549 to €208,133
- Staff costs -€9,730
down €9,730 (-9.2%), from €106,062 to €96,332
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 | €61,382 | €67,422 | +€6,040 | +9.8% |
| Fixed assets | 21/28 | €34,890 | €40,674 | +€5,784 | +16.6% |
| Tangible fixed assets | 22/27 | €1,315 | €6,742 | +€5,427 | +413% |
| Plant, machinery and equipment | 23 | €320 | €1,014 | +€694 | +217% |
| Furniture and vehicles | 24 | €995 | €5,728 | +€4,733 | +476% |
| Financial fixed assets | 28 | €33,575 | €33,932 | +€357 | +1.1% |
| Current assets | 29/58 | €26,492 | €26,748 | +€256 | +1.0% |
| Stocks and contracts in progress | 3 | €7,944 | €7,860 | -€84 | -1.1% |
| Stocks | 30/36 | €7,944 | €7,860 | -€84 | -1.1% |
| Amounts receivable within one year | 40/41 | €6,450 | €9,544 | +€3,094 | +48.0% |
| Trade receivables | 40 | €125 | €1,290 | +€1,165 | +932% |
| Other amounts receivable | 41 | €6,325 | €8,254 | +€1,929 | +30.5% |
| Current investments | 50/53 | - | €9,344 | +€9,344 | |
| Cash at bank and in hand | 54/58 | €12,098 | - | -€12,098 | |
| Total equity and liabilities | 10/49 | €61,382 | €67,422 | +€6,040 | +9.8% |
| Equity | 10/15 | €52,556 | €50,722 | -€1,834 | -3.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Share premium | 1100/10 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €12,755 | €12,755 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42 | €42 | = | 0.0% |
| Reserves not available under the articles | 1311 | €42 | €42 | = | 0.0% |
| Distributable reserves | 133 | €12,713 | €12,713 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,209 | €19,375 | -€1,834 | -8.6% |
| Amounts payable | 17/49 | €8,826 | €16,700 | +€7,874 | +89.2% |
| Amounts payable within one year | 42/48 | €8,826 | €16,700 | +€7,874 | +89.2% |
| Current portion of amounts payable after more than one year | 42 | - | €2,958 | +€2,958 | |
| Trade debts | 44 | €1,588 | €5,903 | +€4,315 | +272% |
| Suppliers | 440/4 | €1,588 | €5,903 | +€4,315 | +272% |
| Taxes, remuneration and social security | 45 | €7,238 | €7,839 | +€601 | +8.3% |
| Taxes | 450/3 | €5,289 | €5,120 | -€169 | -3.2% |
| Remuneration and social security | 454/9 | €1,949 | €2,719 | +€770 | +39.5% |
| Turnover | 70 | €351,904 | €309,634 | -€42,270 | -12.0% |
| Non-recurring operating income | 76A | - | €1,500 | +€1,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €228,549 | €208,133 | -€20,416 | -8.9% |
| Remuneration, social security and pensions | 62 | €106,062 | €96,332 | -€9,730 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396 | €2,123 | +€1,727 | +436% |
| Other operating charges | 640/8 | €1,386 | €1,271 | -€115 | -8.3% |
| Non-recurring operating charges | 66A | - | €116 | +€116 | |
| Gross operating margin | 9900 | €123,355 | €101,501 | -€21,854 | -17.7% |
| Operating profit (loss) | 9901 | €15,511 | €1,659 | -€13,852 | -89.3% |
| Financial income | 75/76B | €1,405 | €1,469 | +€64 | +4.6% |
| Recurring financial income | 75 | €1,405 | €1,469 | +€64 | +4.6% |
| Financial charges | 65/66B | €271 | €273 | +€2 | +0.7% |
| Recurring financial charges | 65 | €271 | €273 | +€2 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €16,645 | €2,855 | -€13,790 | -82.8% |
| Income taxes | 67/77 | €4,000 | €4,689 | +€689 | +17.2% |
| Profit (loss) for the period | 9904 | €12,645 | -€1,834 | -€14,479 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,645 | -€1,834 | -€14,479 |
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 18 October 2026 via checked.be.