DR. LEMOINE HILDE: 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.
DR. LEMOINE HILDE
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€84,370
down €84,370 (-22.5%), from €375,281 to €290,911
mainly Contributions, distributions and other (-€169,650) and Current investments (-€150,000)
- Tangible fixed assets -€11,932
down €11,932 (-24.0%), from €49,690 to €37,759
of which Furniture and vehicles: -€9,576
- Receivables within one year +€8,743
new in 2025: €8,743
of which Trade receivables: +€4,833
- Other debts +€158,361
up €158,361 (+21,986%), from €720 to €159,081
- Reserves -€87,582
down €87,582 (-24.0%), from €364,405 to €276,823
- Debts after one year -€10,591
down €10,591 (-34.0%), from €31,140 to €20,548
- Gross operating margin -€26,458
down €26,458 (-17.6%), from €150,465 to €124,007
- Taxes -€6,729
down €6,729 (-17.4%), from €38,739 to €32,010
- Depreciation +€2,813
up €2,813 (+30.8%), from €9,119 to €11,932
- Financial income +€1,777
up €1,777 (+71.5%), from €2,484 to €4,262
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 | €426,638 | €489,405 | +€62,767 | +14.7% |
| Fixed assets | 21/28 | €49,690 | €37,759 | -€11,932 | -24.0% |
| Tangible fixed assets | 22/27 | €49,690 | €37,759 | -€11,932 | -24.0% |
| Land and buildings | 22 | €3,346 | €3,107 | -€239 | -7.1% |
| Plant, machinery and equipment | 23 | €5,136 | €3,019 | -€2,117 | -41.2% |
| Furniture and vehicles | 24 | €41,209 | €31,633 | -€9,576 | -23.2% |
| Current assets | 29/58 | €376,947 | €451,646 | +€74,699 | +19.8% |
| Amounts receivable within one year | 40/41 | - | €8,743 | +€8,743 | |
| Trade receivables | 40 | - | €4,833 | +€4,833 | |
| Other amounts receivable | 41 | - | €3,910 | +€3,910 | |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €375,281 | €290,911 | -€84,370 | -22.5% |
| Deferred charges and accrued income | 490/1 | €1,666 | €1,992 | +€326 | +19.6% |
| Total equity and liabilities | 10/49 | €426,638 | €489,405 | +€62,767 | +14.7% |
| Equity | 10/15 | €370,605 | €283,023 | -€87,582 | -23.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €364,405 | €276,823 | -€87,582 | -24.0% |
| Distributable reserves | 133 | €364,405 | €276,823 | -€87,582 | -24.0% |
| Amounts payable | 17/49 | €56,033 | €206,381 | +€150,349 | +268% |
| Amounts payable after more than one year | 17 | €31,140 | €20,548 | -€10,591 | -34.0% |
| Financial debts | 170/4 | €31,140 | €20,548 | -€10,591 | -34.0% |
| Amounts payable within one year | 42/48 | €24,206 | €185,140 | +€160,934 | +665% |
| Current portion of amounts payable after more than one year | 42 | €10,178 | €10,591 | +€414 | +4.1% |
| Trade debts | 44 | €5,307 | €4,497 | -€810 | -15.3% |
| Suppliers | 440/4 | €5,307 | €4,497 | -€810 | -15.3% |
| Taxes, remuneration and social security | 45 | €8,000 | €10,970 | +€2,970 | +37.1% |
| Taxes | 450/3 | €8,000 | €10,970 | +€2,970 | +37.1% |
| Other amounts payable | 47/48 | €720 | €159,081 | +€158,361 | +21,986% |
| Accrued charges and deferred income | 492/3 | €687 | €694 | +€6 | +0.9% |
| Non-recurring operating income | 76A | €24,000 | - | -€24,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,119 | €11,932 | +€2,813 | +30.8% |
| Other operating charges | 640/8 | €918 | €663 | -€255 | -27.8% |
| Gross operating margin | 9900 | €150,465 | €124,007 | -€26,458 | -17.6% |
| Operating profit (loss) | 9901 | €140,429 | €111,412 | -€29,016 | -20.7% |
| Financial income | 75/76B | €2,484 | €4,262 | +€1,777 | +71.5% |
| Recurring financial income | 75 | €2,484 | €4,262 | +€1,777 | +71.5% |
| Financial charges | 65/66B | €1,907 | €1,595 | -€312 | -16.4% |
| Recurring financial charges | 65 | €1,907 | €1,595 | -€312 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €141,006 | €114,079 | -€26,927 | -19.1% |
| Income taxes | 67/77 | €38,739 | €32,010 | -€6,729 | -17.4% |
| Profit (loss) for the period | 9904 | €102,266 | €82,068 | -€20,198 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €102,266 | €82,068 | -€20,198 | -19.8% |
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 28 October 2026 via checked.be.