BART LEMMENS Management: 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.
BART LEMMENS Management
Largest movements
- Cash +€16,132
up €16,132 (+17.9%), from €90,021 to €106,153
mainly Net result for the year (+€22,536) and Receivables within one year (+€4,285)
- Receivables within one year -€4,285
down €4,285 (-31.0%), from €13,827 to €9,542
of which Trade receivables: -€4,082
- Reserves +€22,530
up €22,530 (+32.5%), from €69,350 to €91,880
- Tax, wage and social debts -€7,997
down €7,997 (-23.1%), from €34,596 to €26,599
- Trade debts -€1,506
down €1,506 (-72.5%), from €2,079 to €572
- Gross operating margin -€12,510
down €12,510 (-26.2%), from €47,828 to €35,318
- Taxes -€4,098
down €4,098 (-27.9%), from €14,693 to €10,595
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 | €107,463 | €120,122 | +€12,659 | +11.8% |
| Fixed assets | 21/28 | €1,992 | €2,857 | +€865 | +43.4% |
| Tangible fixed assets | 22/27 | €1,992 | €2,857 | +€865 | +43.4% |
| Furniture and vehicles | 24 | €1,992 | €2,857 | +€865 | +43.4% |
| Current assets | 29/58 | €105,471 | €117,265 | +€11,794 | +11.2% |
| Amounts receivable within one year | 40/41 | €13,827 | €9,542 | -€4,285 | -31.0% |
| Trade receivables | 40 | €13,620 | €9,538 | -€4,082 | -30.0% |
| Other amounts receivable | 41 | €207 | €4 | -€203 | -98.0% |
| Cash at bank and in hand | 54/58 | €90,021 | €106,153 | +€16,132 | +17.9% |
| Deferred charges and accrued income | 490/1 | €1,623 | €1,570 | -€53 | -3.2% |
| Total equity and liabilities | 10/49 | €107,463 | €120,122 | +€12,659 | +11.8% |
| Equity | 10/15 | €70,401 | €92,937 | +€22,536 | +32.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €69,350 | €91,880 | +€22,530 | +32.5% |
| Distributable reserves | 133 | €69,350 | €91,880 | +€22,530 | +32.5% |
| Profit (loss) carried forward | 14 | €51 | €57 | +€6 | +12.3% |
| Amounts payable | 17/49 | €37,062 | €27,184 | -€9,877 | -26.7% |
| Amounts payable within one year | 42/48 | €36,674 | €27,184 | -€9,490 | -25.9% |
| Trade debts | 44 | €2,079 | €572 | -€1,506 | -72.5% |
| Suppliers | 440/4 | €2,079 | €572 | -€1,506 | -72.5% |
| Taxes, remuneration and social security | 45 | €34,596 | €26,599 | -€7,997 | -23.1% |
| Taxes | 450/3 | €34,596 | €26,599 | -€7,997 | -23.1% |
| Other amounts payable | 47/48 | - | €13 | +€13 | |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,014 | €1,325 | +€311 | +30.7% |
| Other operating charges | 640/8 | €803 | €790 | -€13 | -1.6% |
| Gross operating margin | 9900 | €47,828 | €35,318 | -€12,510 | -26.2% |
| Operating profit (loss) | 9901 | €46,012 | €33,203 | -€12,808 | -27.8% |
| Financial income | 75/76B | €5 | €0 | -€5 | -98.1% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -98.1% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.5% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €45,950 | €33,132 | -€12,819 | -27.9% |
| Income taxes | 67/77 | €14,693 | €10,595 | -€4,098 | -27.9% |
| Profit (loss) for the period | 9904 | €31,257 | €22,536 | -€8,721 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,257 | €22,536 | -€8,721 | -27.9% |
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 28 October 2026 via checked.be.