Lem Lab: 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.
Lem Lab
Largest movements
- Cash +€40,938
up €40,938 (+39.1%), from €104,706 to €145,644
mainly Net result for the year (+€61,819) and Debts after one year (+€16,532)
- Tangible fixed assets +€30,300
up €30,300 (+430.0%), from €7,047 to €37,347
- Receivables within one year +€29,998
up €29,998 (+46.7%), from €64,247 to €94,245
of which Trade receivables: +€30,000
- Profit (loss) carried forward +€61,819
up €61,819 (+58.5%), from €105,668 to €167,487
- Debts after one year +€16,532
new in 2025: €16,532
- Other debts +€10,755
up €10,755 (+29.2%), from €36,771 to €47,526
- Current portion of long-term debt +€6,020
new in 2025: €6,020
- Tax, wage and social debts +€5,846
up €5,846 (+17.3%), from €33,765 to €39,610
- Financial income +€46,235
up €46,235 (+3809.9%), from €1,214 to €47,448
- Financial charges +€26,843
up €26,843 (+2119.1%), from €1,267 to €28,110
- Gross operating margin -€18,277
down €18,277 (-21.8%), from €83,851 to €65,574
- Depreciation +€5,082
up €5,082 (+404.7%), from €1,256 to €6,338
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 | €176,443 | €277,960 | +€101,517 | +57.5% |
| Fixed assets | 21/28 | €7,047 | €37,347 | +€30,300 | +430.0% |
| Tangible fixed assets | 22/27 | €7,047 | €37,347 | +€30,300 | +430.0% |
| Furniture and vehicles | 24 | €7,047 | €37,347 | +€30,300 | +430.0% |
| Current assets | 29/58 | €169,396 | €240,613 | +€71,217 | +42.0% |
| Amounts receivable within one year | 40/41 | €64,247 | €94,245 | +€29,998 | +46.7% |
| Trade receivables | 40 | €64,245 | €94,245 | +€30,000 | +46.7% |
| Other amounts receivable | 41 | €2 | - | -€2 | |
| Cash at bank and in hand | 54/58 | €104,706 | €145,644 | +€40,938 | +39.1% |
| Deferred charges and accrued income | 490/1 | €443 | €724 | +€281 | +63.4% |
| Total equity and liabilities | 10/49 | €176,443 | €277,960 | +€101,517 | +57.5% |
| Equity | 10/15 | €105,669 | €167,488 | +€61,819 | +58.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,668 | €167,487 | +€61,819 | +58.5% |
| Amounts payable | 17/49 | €70,774 | €110,472 | +€39,698 | +56.1% |
| Amounts payable after more than one year | 17 | - | €16,532 | +€16,532 | |
| Financial debts | 170/4 | - | €16,532 | +€16,532 | |
| Amounts payable within one year | 42/48 | €70,774 | €93,940 | +€23,166 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | - | €6,020 | +€6,020 | |
| Trade debts | 44 | €238 | €784 | +€546 | +229.3% |
| Suppliers | 440/4 | €238 | €784 | +€546 | +229.3% |
| Taxes, remuneration and social security | 45 | €33,765 | €39,610 | +€5,846 | +17.3% |
| Taxes | 450/3 | €33,765 | €39,610 | +€5,846 | +17.3% |
| Other amounts payable | 47/48 | €36,771 | €47,526 | +€10,755 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,256 | €6,338 | +€5,082 | +404.7% |
| Other operating charges | 640/8 | €1,095 | €631 | -€463 | -42.3% |
| Gross operating margin | 9900 | €83,851 | €65,574 | -€18,277 | -21.8% |
| Operating profit (loss) | 9901 | €81,500 | €58,605 | -€22,896 | -28.1% |
| Financial income | 75/76B | €1,214 | €47,448 | +€46,235 | +3809.9% |
| Recurring financial income | 75 | €1,214 | €47,448 | +€46,235 | +3809.9% |
| Financial charges | 65/66B | €1,267 | €28,110 | +€26,843 | +2119.1% |
| Recurring financial charges | 65 | €1,267 | €28,110 | +€26,843 | +2119.1% |
| Profit (loss) for the period before taxes | 9903 | €81,447 | €77,943 | -€3,505 | -4.3% |
| Income taxes | 67/77 | €16,632 | €16,123 | -€509 | -3.1% |
| Profit (loss) for the period | 9904 | €64,815 | €61,819 | -€2,996 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,815 | €61,819 | -€2,996 | -4.6% |
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 10 October 2026 via checked.be.