AN LEMMENS: 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.
AN LEMMENS
Largest movements
- Tangible fixed assets +€46,530
up €46,530 (+135%), from €34,581 to €81,111
of which Land and buildings: +€36,579
- Stocks and contracts +€34,134
up €34,134 (+9.3%), from €366,043 to €400,176
- Reserves +€89,937
up €89,937 (+47.2%), from €190,722 to €280,659
of which Distributable reserves: +€89,937
- Tax, wage and social debts +€16,007
up €16,007 (+99.3%), from €16,123 to €32,130
of which Taxes: +€15,449
- Trade debts -€14,776
down €14,776 (-20.7%), from €71,550 to €56,775
- Current portion of long-term debt -€13,202
down €13,202 (-61.7%), from €21,391 to €8,189
- Other debts +€8,895
up €8,895 (+22.3%), from €39,918 to €48,813
- Gross operating margin +€75,313
up €75,313 (+90.8%), from €82,900 to €158,212
- Taxes +€24,390
up €24,390 (+130%), from €18,699 to €43,089
- Staff costs +€4,416
up €4,416 (+267%), from €1,651 to €6,067
- Depreciation -€2,384
down €2,384 (-19.0%), from €12,533 to €10,149
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 | €415,686 | €496,879 | +€81,193 | +19.5% |
| Fixed assets | 21/28 | €34,581 | €81,111 | +€46,530 | +135% |
| Tangible fixed assets | 22/27 | €34,581 | €81,111 | +€46,530 | +135% |
| Land and buildings | 22 | €28,634 | €65,212 | +€36,579 | +128% |
| Furniture and vehicles | 24 | €5,447 | €15,758 | +€10,311 | +189% |
| Other tangible fixed assets | 26 | €501 | €141 | -€360 | -71.9% |
| Current assets | 29/58 | €381,104 | €415,768 | +€34,664 | +9.1% |
| Stocks and contracts in progress | 3 | €366,043 | €400,176 | +€34,134 | +9.3% |
| Stocks | 30/36 | €366,043 | €400,176 | +€34,134 | +9.3% |
| Amounts receivable within one year | 40/41 | €4,142 | €3,262 | -€880 | -21.3% |
| Trade receivables | 40 | €4,130 | €3,262 | -€868 | -21.0% |
| Other amounts receivable | 41 | €12 | €0 | -€12 | -100% |
| Cash at bank and in hand | 54/58 | €9,746 | €11,049 | +€1,303 | +13.4% |
| Deferred charges and accrued income | 490/1 | €1,174 | €1,281 | +€107 | +9.1% |
| Total equity and liabilities | 10/49 | €415,686 | €496,879 | +€81,193 | +19.5% |
| Equity | 10/15 | €260,330 | €350,267 | +€89,937 | +34.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €190,722 | €280,659 | +€89,937 | +47.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €190,722 | €280,659 | +€89,937 | +47.2% |
| Profit (loss) carried forward | 14 | €7,608 | €7,608 | = | 0.0% |
| Amounts payable | 17/49 | €155,356 | €146,612 | -€8,744 | -5.6% |
| Amounts payable after more than one year | 17 | €6,374 | €0 | -€6,374 | -100% |
| Financial debts | 170/4 | €6,374 | €0 | -€6,374 | -100% |
| Amounts payable within one year | 42/48 | €148,982 | €145,907 | -€3,075 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €21,391 | €8,189 | -€13,202 | -61.7% |
| Trade debts | 44 | €71,550 | €56,775 | -€14,776 | -20.7% |
| Suppliers | 440/4 | €71,550 | €56,775 | -€14,776 | -20.7% |
| Taxes, remuneration and social security | 45 | €16,123 | €32,130 | +€16,007 | +99.3% |
| Taxes | 450/3 | €15,901 | €31,350 | +€15,449 | +97.2% |
| Remuneration and social security | 454/9 | €222 | €781 | +€559 | +252% |
| Other amounts payable | 47/48 | €39,918 | €48,813 | +€8,895 | +22.3% |
| Accrued charges and deferred income | 492/3 | - | €705 | +€705 | |
| Non-recurring operating income | 76A | - | €6,275 | +€6,275 | |
| Remuneration, social security and pensions | 62 | €1,651 | €6,067 | +€4,416 | +267% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,533 | €10,149 | -€2,384 | -19.0% |
| Other operating charges | 640/8 | €2,368 | €1,774 | -€594 | -25.1% |
| Non-recurring operating charges | 66A | €2,158 | €199 | -€1,959 | -90.8% |
| Gross operating margin | 9900 | €82,900 | €158,212 | +€75,313 | +90.8% |
| Operating profit (loss) | 9901 | €64,189 | €140,023 | +€75,833 | +118% |
| Financial income | 75/76B | €473 | €488 | +€15 | +3.1% |
| Recurring financial income | 75 | €473 | €488 | +€15 | +3.1% |
| Financial charges | 65/66B | €8,094 | €6,626 | -€1,469 | -18.1% |
| Recurring financial charges | 65 | €8,094 | €6,626 | -€1,469 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €56,568 | €133,885 | +€77,317 | +137% |
| Income taxes | 67/77 | €18,699 | €43,089 | +€24,390 | +130% |
| Profit (loss) for the period | 9904 | €37,869 | €90,796 | +€52,927 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €37,869 | €90,796 | +€52,927 | +140% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.