CHAUFFAGE LEMAITRE: 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.
CHAUFFAGE LEMAITRE
Largest movements
- Cash -€45,828
down €45,828 (-38.0%), from €120,485 to €74,657
mainly Receivables within one year (-€36,513) and Trade debts (-€20,675)
- Receivables within one year +€36,513
up €36,513 (+22.8%), from €159,801 to €196,315
of which Trade receivables: +€31,949
- Tangible fixed assets -€35,730
down €35,730 (-29.3%), from €121,904 to €86,175
of which Furniture and vehicles: -€22,325
- Trade debts -€20,675
down €20,675 (-11.2%), from €184,304 to €163,629
- Debts after one year -€20,416
down €20,416 (-23.8%), from €85,866 to €65,450
- Profit (loss) carried forward +€7,426
up €7,426 (+4.9%), from €150,733 to €158,159
- Gross operating margin -€142,265
down €142,265 (-37.8%), from €376,451 to €234,186
- Staff costs -€91,349
down €91,349 (-36.6%), from €249,889 to €158,540
- Write-downs +€20,745
up €20,745, from -€14,659 to €6,086
- Taxes -€17,497
down €17,497 (-81.3%), from €21,512 to €4,015
- Financial charges -€3,950
down €3,950 (-25.5%), from €15,464 to €11,514
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 | €691,460 | €646,095 | -€45,365 | -6.6% |
| Fixed assets | 21/28 | €375,353 | €339,623 | -€35,730 | -9.5% |
| Tangible fixed assets | 22/27 | €121,904 | €86,175 | -€35,730 | -29.3% |
| Land and buildings | 22 | €2,565 | €38 | -€2,527 | -98.5% |
| Plant, machinery and equipment | 23 | €65,424 | €54,548 | -€10,877 | -16.6% |
| Furniture and vehicles | 24 | €53,915 | €31,589 | -€22,325 | -41.4% |
| Financial fixed assets | 28 | €253,448 | €253,448 | = | 0.0% |
| Current assets | 29/58 | €316,107 | €306,472 | -€9,635 | -3.0% |
| Stocks and contracts in progress | 3 | €35,821 | €35,501 | -€320 | -0.9% |
| Stocks | 30/36 | €35,821 | €35,501 | -€320 | -0.9% |
| Amounts receivable within one year | 40/41 | €159,801 | €196,315 | +€36,513 | +22.8% |
| Trade receivables | 40 | €138,933 | €170,882 | +€31,949 | +23.0% |
| Other amounts receivable | 41 | €20,868 | €25,432 | +€4,564 | +21.9% |
| Cash at bank and in hand | 54/58 | €120,485 | €74,657 | -€45,828 | -38.0% |
| Total equity and liabilities | 10/49 | €691,460 | €646,095 | -€45,365 | -6.6% |
| Equity | 10/15 | €253,609 | €261,035 | +€7,426 | +2.9% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €28,508 | €28,508 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,029 | €26,029 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,592 | €18,592 | = | 0.0% |
| Distributable reserves | 133 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,733 | €158,159 | +€7,426 | +4.9% |
| Amounts payable | 17/49 | €437,851 | €385,060 | -€52,790 | -12.1% |
| Amounts payable after more than one year | 17 | €85,866 | €65,450 | -€20,416 | -23.8% |
| Financial debts | 170/4 | €85,866 | €65,450 | -€20,416 | -23.8% |
| Amounts payable within one year | 42/48 | €351,985 | €319,611 | -€32,374 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €25,480 | €20,416 | -€5,064 | -19.9% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €184,304 | €163,629 | -€20,675 | -11.2% |
| Suppliers | 440/4 | €184,304 | €163,629 | -€20,675 | -11.2% |
| Taxes, remuneration and social security | 45 | €17,201 | €10,565 | -€6,635 | -38.6% |
| Taxes | 450/3 | €12,315 | €5,591 | -€6,725 | -54.6% |
| Remuneration and social security | 454/9 | €4,885 | €4,975 | +€89 | +1.8% |
| Remuneration, social security and pensions | 62 | €249,889 | €158,540 | -€91,349 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,147 | €35,730 | -€1,418 | -3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€14,659 | €6,086 | +€20,745 | |
| Other operating charges | 640/8 | €11,834 | €11,029 | -€805 | -6.8% |
| Non-recurring operating charges | 66A | - | €29 | +€29 | |
| Gross operating margin | 9900 | €376,451 | €234,186 | -€142,265 | -37.8% |
| Operating profit (loss) | 9901 | €92,239 | €22,771 | -€69,468 | -75.3% |
| Financial income | 75/76B | - | €184 | +€184 | |
| Recurring financial income | 75 | - | €184 | +€184 | |
| Financial charges | 65/66B | €15,464 | €11,514 | -€3,950 | -25.5% |
| Recurring financial charges | 65 | €15,464 | €11,514 | -€3,950 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €76,775 | €11,441 | -€65,334 | -85.1% |
| Transfer from deferred taxes | 780 | €16 | - | -€16 | |
| Income taxes | 67/77 | €21,512 | €4,015 | -€17,497 | -81.3% |
| Profit (loss) for the period | 9904 | €55,279 | €7,426 | -€47,853 | -86.6% |
| Transfer from tax-exempt reserves | 789 | €1,511 | - | -€1,511 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,790 | €7,426 | -€49,364 | -86.9% |
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 29 October 2026 via checked.be.