E. LEMOINE: 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.
E. LEMOINE
Largest movements
- Cash -€60,078
down €60,078 (-41.6%), from €144,332 to €84,254
mainly Contributions, distributions and other (-€85,714) and Receivables within one year (-€41,571)
- Receivables within one year +€41,571
up €41,571 (+60.7%), from €68,525 to €110,095
- Tangible fixed assets -€7,413
down €7,413 (-36.5%), from €20,333 to €12,920
of which Furniture and vehicles: -€6,506
- Profit (loss) carried forward -€19,016
down €19,016 (-88.1%), from €21,580 to €2,564
- Other debts -€9,854
down €9,854 (-7.0%), from €141,042 to €131,188
- Accrued charges and deferred income +€9,587
new in 2025: €9,587
- Tax, wage and social debts -€3,447
down €3,447 (-14.0%), from €24,568 to €21,121
of which Taxes: -€3,254
- Trade debts -€2,433
down €2,433 (-7.4%), from €32,743 to €30,309
- Taxes +€21,912
up €21,912 (+95.9%), from €22,838 to €44,750
- Other operating charges -€3,203
down €3,203 (-78.1%), from €4,103 to €900
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 | €240,832 | €215,669 | -€25,163 | -10.4% |
| Fixed assets | 21/28 | €25,858 | €18,445 | -€7,413 | -28.7% |
| Tangible fixed assets | 22/27 | €20,333 | €12,920 | -€7,413 | -36.5% |
| Plant, machinery and equipment | 23 | €1,715 | €808 | -€907 | -52.9% |
| Furniture and vehicles | 24 | €18,618 | €12,112 | -€6,506 | -34.9% |
| Financial fixed assets | 28 | €5,525 | €5,525 | = | 0.0% |
| Current assets | 29/58 | €214,974 | €197,224 | -€17,750 | -8.3% |
| Stocks and contracts in progress | 3 | €442 | €1,363 | +€922 | +208.7% |
| Stocks | 30/36 | €442 | €1,363 | +€922 | +208.7% |
| Amounts receivable within one year | 40/41 | €68,525 | €110,095 | +€41,571 | +60.7% |
| Trade receivables | 40 | €68,525 | €110,095 | +€41,571 | +60.7% |
| Cash at bank and in hand | 54/58 | €144,332 | €84,254 | -€60,078 | -41.6% |
| Deferred charges and accrued income | 490/1 | €1,676 | €1,511 | -€164 | -9.8% |
| Total equity and liabilities | 10/49 | €240,832 | €215,669 | -€25,163 | -10.4% |
| Equity | 10/15 | €42,480 | €23,464 | -€19,016 | -44.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,580 | €2,564 | -€19,016 | -88.1% |
| Amounts payable | 17/49 | €198,352 | €192,205 | -€6,147 | -3.1% |
| Amounts payable within one year | 42/48 | €198,352 | €182,618 | -€15,734 | -7.9% |
| Trade debts | 44 | €32,743 | €30,309 | -€2,433 | -7.4% |
| Suppliers | 440/4 | €32,743 | €30,309 | -€2,433 | -7.4% |
| Taxes, remuneration and social security | 45 | €24,568 | €21,121 | -€3,447 | -14.0% |
| Taxes | 450/3 | €15,527 | €12,273 | -€3,254 | -21.0% |
| Remuneration and social security | 454/9 | €9,041 | €8,848 | -€193 | -2.1% |
| Other amounts payable | 47/48 | €141,042 | €131,188 | -€9,854 | -7.0% |
| Accrued charges and deferred income | 492/3 | - | €9,587 | +€9,587 | |
| Remuneration, social security and pensions | 62 | €40,714 | €41,112 | +€398 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,035 | €7,413 | -€621 | -7.7% |
| Other operating charges | 640/8 | €4,103 | €900 | -€3,203 | -78.1% |
| Gross operating margin | 9900 | €160,882 | €161,005 | +€122 | +0.1% |
| Operating profit (loss) | 9901 | €108,031 | €111,579 | +€3,549 | +3.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -72.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -72.7% |
| Financial charges | 65/66B | €117 | €131 | +€14 | +11.9% |
| Recurring financial charges | 65 | €117 | €131 | +€14 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €107,914 | €111,448 | +€3,535 | +3.3% |
| Income taxes | 67/77 | €22,838 | €44,750 | +€21,912 | +95.9% |
| Profit (loss) for the period | 9904 | €85,075 | €66,698 | -€18,378 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €85,075 | €66,698 | -€18,378 | -21.6% |
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 12 October 2026 via checked.be.