Ets Lemeer: 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.
Ets Lemeer
Largest movements
- Tangible fixed assets +€261,336
up €261,336 (+669%), from €39,044 to €300,380
of which Land and buildings: +€277,500
- Receivables within one year +€64,729
up €64,729 (+47.7%), from €135,631 to €200,361
of which Other amounts receivable: +€36,557
- Cash -€27,273
down €27,273 (-26.3%), from €103,566 to €76,293
mainly Investment in fixed assets (net) (-€268,342) and Receivables within one year (-€64,729)
- Stocks and contracts -€21,533
down €21,533 (-100%), from €21,533 to €0
- Intangible fixed assets -€7,500
down €7,500 (-20.7%), from €36,250 to €28,750
- Debts after one year +€314,248
up €314,248 (+1,173%), from €26,785 to €341,033
- Advances received -€34,530
down €34,530 (-100%), from €34,530 to €0
- Tax, wage and social debts -€31,558
down €31,558 (-65.3%), from €48,299 to €16,741
of which Taxes: -€31,558
- Other debts +€17,594
up €17,594 (+711%), from €2,475 to €20,069
- Trade debts +€15,969
up €15,969 (+17.8%), from €89,913 to €105,882
- Purchases and services +€36,392
up €36,392 (+2.1%), from €1.8m to €1.8m
- Gross operating margin -€32,198
down €32,198 (-29.0%), from €111,016 to €78,818
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 | €340,938 | €611,784 | +€270,846 | +79.4% |
| Fixed assets | 21/28 | €79,194 | €333,030 | +€253,836 | +321% |
| Intangible fixed assets | 21 | €36,250 | €28,750 | -€7,500 | -20.7% |
| Tangible fixed assets | 22/27 | €39,044 | €300,380 | +€261,336 | +669% |
| Land and buildings | 22 | - | €277,500 | +€277,500 | |
| Plant, machinery and equipment | 23 | €5,948 | €4,073 | -€1,875 | -31.5% |
| Furniture and vehicles | 24 | €13,033 | €2,055 | -€10,978 | -84.2% |
| Other tangible fixed assets | 26 | €20,063 | €16,752 | -€3,311 | -16.5% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €261,743 | €278,754 | +€17,010 | +6.5% |
| Stocks and contracts in progress | 3 | €21,533 | €0 | -€21,533 | -100% |
| Stocks | 30/36 | €21,533 | €0 | -€21,533 | -100% |
| Amounts receivable within one year | 40/41 | €135,631 | €200,361 | +€64,729 | +47.7% |
| Trade receivables | 40 | €128,804 | €156,977 | +€28,173 | +21.9% |
| Other amounts receivable | 41 | €6,828 | €43,384 | +€36,557 | +535% |
| Cash at bank and in hand | 54/58 | €103,566 | €76,293 | -€27,273 | -26.3% |
| Deferred charges and accrued income | 490/1 | €1,013 | €2,100 | +€1,087 | +107% |
| Total equity and liabilities | 10/49 | €340,938 | €611,784 | +€270,846 | +79.4% |
| Equity | 10/15 | €60,786 | €60,185 | -€601 | -1.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €45,786 | €45,185 | -€601 | -1.3% |
| Tax-exempt reserves | 132 | - | €45,185 | +€45,185 | |
| Distributable reserves | 133 | €45,786 | - | -€45,786 | |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €280,152 | €551,598 | +€271,447 | +96.9% |
| Amounts payable after more than one year | 17 | €26,785 | €341,033 | +€314,248 | +1,173% |
| Financial debts | 170/4 | €26,785 | €341,033 | +€314,248 | +1,173% |
| Amounts payable within one year | 42/48 | €253,366 | €210,565 | -€42,801 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €28,149 | €17,873 | -€10,276 | -36.5% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €89,913 | €105,882 | +€15,969 | +17.8% |
| Suppliers | 440/4 | €89,913 | €105,882 | +€15,969 | +17.8% |
| Advances received on contracts in progress | 46 | €34,530 | €0 | -€34,530 | -100% |
| Taxes, remuneration and social security | 45 | €48,299 | €16,741 | -€31,558 | -65.3% |
| Taxes | 450/3 | €45,397 | €13,839 | -€31,558 | -69.5% |
| Remuneration and social security | 454/9 | €2,902 | €2,902 | = | 0.0% |
| Other amounts payable | 47/48 | €2,475 | €20,069 | +€17,594 | +711% |
| Turnover | 70 | €1,863,598 | €1,869,113 | +€5,516 | +0.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,770,047 | €1,806,439 | +€36,392 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,316 | €14,506 | -€8,810 | -37.8% |
| Other operating charges | 640/8 | €7,049 | €23,554 | +€16,505 | +234% |
| Non-recurring operating charges | 66A | €0 | €0 | = | |
| Gross operating margin | 9900 | €111,016 | €78,818 | -€32,198 | -29.0% |
| Operating profit (loss) | 9901 | €80,652 | €40,759 | -€39,893 | -49.5% |
| Financial income | 75/76B | €160 | €304 | +€144 | +90.1% |
| Recurring financial income | 75 | €160 | €304 | +€144 | +90.1% |
| Financial charges | 65/66B | €11,958 | €11,712 | -€246 | -2.1% |
| Recurring financial charges | 65 | €11,958 | €11,712 | -€246 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €68,853 | €29,350 | -€39,503 | -57.4% |
| Income taxes | 67/77 | €8,673 | €10,445 | +€1,772 | +20.4% |
| Profit (loss) for the period | 9904 | €60,180 | €18,906 | -€41,275 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,180 | €18,906 | -€41,275 | -68.6% |
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 26 October 2026 via checked.be.