CD Lemos: 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.
CD Lemos
Largest movements
- Receivables within one year +€48,851
new in 2025: €48,851
- Cash +€12,543
up €12,543 (+532.2%), from €2,357 to €14,899
mainly Net result for the year (+€86,892) and Other debts (+€75,917)
- Deferred charges and accrued income -€11,703
down €11,703 (-28.0%), from €41,792 to €30,089
- Tangible fixed assets -€3,642
down €3,642 (-9.8%), from €37,258 to €33,616
of which Plant, machinery and equipment: -€3,626
- Other debts +€75,917
up €75,917 (+13019.5%), from €583 to €76,500
- Trade debts -€26,317
down €26,317 (-83.5%), from €31,510 to €5,193
- Debts after one year -€8,886
down €8,886 (-73.6%), from €12,070 to €3,184
- Tax, wage and social debts +€8,472
up €8,472 (+86.2%), from €9,826 to €18,298
- Profit (loss) carried forward -€3,108
down €3,108 (-13.3%), from €23,387 to €20,279
- Gross operating margin +€91,994
up €91,994 (+304.0%), from €30,261 to €122,255
- Taxes +€21,820
up €21,820 (+784.8%), from €2,780 to €24,601
- Depreciation +€4,739
up €4,739 (+229.8%), from €2,063 to €6,801
- Staff costs +€3,950
new in 2025: €3,950
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.
Cash bridge derived
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 | €81,407 | €127,454 | +€46,047 | +56.6% |
| Fixed assets | 21/28 | €37,258 | €33,616 | -€3,642 | -9.8% |
| Tangible fixed assets | 22/27 | €37,258 | €33,616 | -€3,642 | -9.8% |
| Plant, machinery and equipment | 23 | €37,242 | €33,616 | -€3,626 | -9.7% |
| Furniture and vehicles | 24 | €16 | - | -€16 | |
| Current assets | 29/58 | €44,149 | €93,839 | +€49,690 | +112.6% |
| Amounts receivable within one year | 40/41 | - | €48,851 | +€48,851 | |
| Other amounts receivable | 41 | - | €48,851 | +€48,851 | |
| Cash at bank and in hand | 54/58 | €2,357 | €14,899 | +€12,543 | +532.2% |
| Deferred charges and accrued income | 490/1 | €41,792 | €30,089 | -€11,703 | -28.0% |
| Total equity and liabilities | 10/49 | €81,407 | €127,454 | +€46,047 | +56.6% |
| Equity | 10/15 | €27,387 | €24,279 | -€3,108 | -11.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,387 | €20,279 | -€3,108 | -13.3% |
| Amounts payable | 17/49 | €54,020 | €103,175 | +€49,155 | +91.0% |
| Amounts payable after more than one year | 17 | €12,070 | €3,184 | -€8,886 | -73.6% |
| Other amounts payable | 178/9 | €12,070 | €3,184 | -€8,886 | -73.6% |
| Amounts payable within one year | 42/48 | €41,949 | €99,991 | +€58,042 | +138.4% |
| Financial debts | 43 | €30 | - | -€30 | |
| Credit institutions | 430/8 | €30 | - | -€30 | |
| Trade debts | 44 | €31,510 | €5,193 | -€26,317 | -83.5% |
| Suppliers | 440/4 | €31,510 | €5,193 | -€26,317 | -83.5% |
| Taxes, remuneration and social security | 45 | €9,826 | €18,298 | +€8,472 | +86.2% |
| Taxes | 450/3 | €9,826 | €18,298 | +€8,472 | +86.2% |
| Other amounts payable | 47/48 | €583 | €76,500 | +€75,917 | +13019.5% |
| Remuneration, social security and pensions | 62 | - | €3,950 | +€3,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,063 | €6,801 | +€4,739 | +229.8% |
| Other operating charges | 640/8 | €785 | €745 | -€40 | -5.1% |
| Gross operating margin | 9900 | €30,261 | €122,255 | +€91,994 | +304.0% |
| Operating profit (loss) | 9901 | €27,413 | €110,759 | +€83,345 | +304.0% |
| Financial income | 75/76B | €14 | €1,059 | +€1,045 | +7265.4% |
| Recurring financial income | 75 | €14 | €1,059 | +€1,045 | +7265.4% |
| Financial charges | 65/66B | €427 | €325 | -€102 | -23.9% |
| Recurring financial charges | 65 | €427 | €325 | -€102 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €27,001 | €111,493 | +€84,492 | +312.9% |
| Income taxes | 67/77 | €2,780 | €24,601 | +€21,820 | +784.8% |
| Profit (loss) for the period | 9904 | €24,220 | €86,892 | +€62,672 | +258.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,220 | €86,892 | +€62,672 | +258.8% |
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 9 October 2026 via checked.be.