Casa LEMA: what changed
Casa LEMA
Largest movements
- Receivables within one year -€47,406
no longer reported in 2025 (was €47,406)
of which Other amounts receivable: -€44,079
- Intangible fixed assets -€27,500
down €27,500 (-69.2%), from €39,737 to €12,237
- Cash +€27,486
up €27,486 (+245%), from €11,240 to €38,727
mainly Receivables within one year (+€47,406) and Depreciation (+€42,705)
- Stocks and contracts -€27,105
down €27,105 (-6.6%), from €413,612 to €386,507
- Tangible fixed assets -€13,959
down €13,959 (-8.4%), from €165,655 to €151,696
of which Leasing and similar rights: -€7,507
- Reserves -€56,968
down €56,968 (-87.0%), from €65,487 to €8,519
- Debts after one year -€48,046
down €48,046 (-7.6%), from €631,711 to €583,665
- Tax, wage and social debts +€16,789
up €16,789 (+90.4%), from €18,574 to €35,364
of which Taxes: +€17,326
- Other debts +€14,007
up €14,007 (+75.3%), from €18,600 to €32,607
- Gross operating margin -€26,959
down €26,959 (-20.5%), from €131,322 to €104,363
- Depreciation -€17,452
down €17,452 (-29.0%), from €60,157 to €42,705
- Financial income -€7,681
down €7,681 (-94.4%), from €8,137 to €455
- Other operating charges -€1,611
down €1,611 (-34.9%), from €4,609 to €2,999
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 | €1,232,585 | €1,143,768 | -€88,817 | -7.2% |
| Fixed assets | 21/28 | €756,327 | €714,867 | -€41,459 | -5.5% |
| Intangible fixed assets | 21 | €39,737 | €12,237 | -€27,500 | -69.2% |
| Tangible fixed assets | 22/27 | €165,655 | €151,696 | -€13,959 | -8.4% |
| Land and buildings | 22 | €149,910 | €143,756 | -€6,153 | -4.1% |
| Plant, machinery and equipment | 23 | €1,225 | €802 | -€423 | -34.5% |
| Furniture and vehicles | 24 | €1,354 | €917 | -€436 | -32.2% |
| Leasing and similar rights | 25 | €10,880 | €3,373 | -€7,507 | -69.0% |
| Other tangible fixed assets | 26 | €2,287 | €2,847 | +€560 | +24.5% |
| Financial fixed assets | 28 | €550,934 | €550,934 | = | 0.0% |
| Current assets | 29/58 | €476,259 | €428,901 | -€47,358 | -9.9% |
| Stocks and contracts in progress | 3 | €413,612 | €386,507 | -€27,105 | -6.6% |
| Stocks | 30/36 | €413,612 | €386,507 | -€27,105 | -6.6% |
| Amounts receivable within one year | 40/41 | €47,406 | - | -€47,406 | |
| Trade receivables | 40 | €3,326 | - | -€3,326 | |
| Other amounts receivable | 41 | €44,079 | - | -€44,079 | |
| Current investments | 50/53 | €248 | €248 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,240 | €38,727 | +€27,486 | +245% |
| Deferred charges and accrued income | 490/1 | €3,753 | €3,419 | -€334 | -8.9% |
| Total equity and liabilities | 10/49 | €1,232,585 | €1,143,768 | -€88,817 | -7.2% |
| Equity | 10/15 | €115,487 | €58,519 | -€56,968 | -49.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €65,487 | €8,519 | -€56,968 | -87.0% |
| Distributable reserves | 133 | €65,487 | €8,519 | -€56,968 | -87.0% |
| Amounts payable | 17/49 | €1,117,098 | €1,085,249 | -€31,850 | -2.9% |
| Amounts payable after more than one year | 17 | €631,711 | €583,665 | -€48,046 | -7.6% |
| Financial debts | 170/4 | €631,711 | €583,665 | -€48,046 | -7.6% |
| Amounts payable within one year | 42/48 | €480,459 | €496,655 | +€16,196 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €50,714 | €48,046 | -€2,668 | -5.3% |
| Financial debts | 43 | €285,000 | €285,000 | = | 0.0% |
| Credit institutions | 430/8 | €285,000 | €285,000 | = | 0.0% |
| Trade debts | 44 | €107,571 | €95,640 | -€11,932 | -11.1% |
| Suppliers | 440/4 | €107,571 | €95,640 | -€11,932 | -11.1% |
| Taxes, remuneration and social security | 45 | €18,574 | €35,364 | +€16,789 | +90.4% |
| Taxes | 450/3 | €17,549 | €34,874 | +€17,326 | +98.7% |
| Remuneration and social security | 454/9 | €1,026 | €489 | -€536 | -52.3% |
| Other amounts payable | 47/48 | €18,600 | €32,607 | +€14,007 | +75.3% |
| Accrued charges and deferred income | 492/3 | €4,928 | €4,928 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €6,369 | €6,279 | -€89 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,157 | €42,705 | -€17,452 | -29.0% |
| Other operating charges | 640/8 | €4,609 | €2,999 | -€1,611 | -34.9% |
| Gross operating margin | 9900 | €131,322 | €104,363 | -€26,959 | -20.5% |
| Operating profit (loss) | 9901 | €60,187 | €52,381 | -€7,807 | -13.0% |
| Financial income | 75/76B | €8,137 | €455 | -€7,681 | -94.4% |
| Recurring financial income | 75 | €8,137 | €455 | -€7,681 | -94.4% |
| Financial charges | 65/66B | €41,404 | €41,051 | -€353 | -0.9% |
| Recurring financial charges | 65 | €41,404 | €41,051 | -€353 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €26,920 | €11,785 | -€15,135 | -56.2% |
| Income taxes | 67/77 | €4,430 | €3,353 | -€1,077 | -24.3% |
| Profit (loss) for the period | 9904 | €22,490 | €8,432 | -€14,058 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,490 | €8,432 | -€14,058 | -62.5% |
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 2 November 2026 via checked.be.