LEM MENUISERIE: what changed
Two fiscal 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 MENUISERIE
Largest movements
- Receivables within one year -€47,513
down €47,513 (-73.2%), from €64,897 to €17,384
of which Trade receivables: -€58,519
- Financial fixed assets +€40,000
new in 2025: €40,000
- Cash +€12,743
up €12,743 (+1243.7%), from €1,025 to €13,767
mainly Receivables within one year (+€47,513) and Other debts (+€15,381)
- Tangible fixed assets -€2,474
down €2,474 (-12.4%), from €19,910 to €17,435
of which Furniture and vehicles: -€2,262
- Stocks and contracts +€1,900
new in 2025: €1,900
- Trade debts -€17,416
down €17,416 (-55.5%), from €31,367 to €13,950
- Other debts +€15,381
up €15,381 (+295.7%), from €5,202 to €20,583
- Reserves +€10,057
up €10,057 (+90.4%), from €11,120 to €21,177
- Debts after one year -€4,048
down €4,048 (-26.2%), from €15,463 to €11,415
- Tax, wage and social debts +€1,303
up €1,303 (+901.7%), from €144 to €1,447
of which Taxes: +€1,447
- Other operating charges +€8,830
up €8,830 (+906.5%), from €974 to €9,804
- Gross operating margin +€3,874
up €3,874 (+16.3%), from €23,814 to €27,688
- Taxes +€1,922
new in 2025: €1,922
- Depreciation +€724
up €724 (+17.7%), from €4,098 to €4,823
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 | €85,881 | €90,536 | +€4,655 | +5.4% |
| Fixed assets | 21/28 | €19,910 | €57,435 | +€37,526 | +188.5% |
| Tangible fixed assets | 22/27 | €19,910 | €17,435 | -€2,474 | -12.4% |
| Plant, machinery and equipment | 23 | €377 | €164 | -€213 | -56.5% |
| Furniture and vehicles | 24 | €19,533 | €17,272 | -€2,262 | -11.6% |
| Financial fixed assets | 28 | - | €40,000 | +€40,000 | |
| Current assets | 29/58 | €65,972 | €33,101 | -€32,871 | -49.8% |
| Stocks and contracts in progress | 3 | - | €1,900 | +€1,900 | |
| Stocks | 30/36 | - | €1,900 | +€1,900 | |
| Amounts receivable within one year | 40/41 | €64,897 | €17,384 | -€47,513 | -73.2% |
| Trade receivables | 40 | €63,647 | €5,129 | -€58,519 | -91.9% |
| Other amounts receivable | 41 | €1,250 | €12,255 | +€11,005 | +880.5% |
| Cash at bank and in hand | 54/58 | €1,025 | €13,767 | +€12,743 | +1243.7% |
| Deferred charges and accrued income | 490/1 | €50 | €50 | +€0 | +0.1% |
| Total equity and liabilities | 10/49 | €85,881 | €90,536 | +€4,655 | +5.4% |
| Equity | 10/15 | €29,581 | €38,805 | +€9,224 | +31.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €11,120 | €21,177 | +€10,057 | +90.4% |
| Distributable reserves | 133 | €11,120 | €21,177 | +€10,057 | +90.4% |
| Profit (loss) carried forward | 14 | €14,461 | €13,628 | -€833 | -5.8% |
| Amounts payable | 17/49 | €56,301 | €51,731 | -€4,569 | -8.1% |
| Amounts payable after more than one year | 17 | €15,463 | €11,415 | -€4,048 | -26.2% |
| Financial debts | 170/4 | €15,463 | €11,415 | -€4,048 | -26.2% |
| Amounts payable within one year | 42/48 | €40,838 | €40,316 | -€522 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €4,125 | €4,335 | +€211 | +5.1% |
| Trade debts | 44 | €31,367 | €13,950 | -€17,416 | -55.5% |
| Suppliers | 440/4 | €31,367 | €13,950 | -€17,416 | -55.5% |
| Taxes, remuneration and social security | 45 | €144 | €1,447 | +€1,303 | +901.7% |
| Taxes | 450/3 | - | €1,447 | +€1,447 | |
| Remuneration and social security | 454/9 | €144 | - | -€144 | |
| Other amounts payable | 47/48 | €5,202 | €20,583 | +€15,381 | +295.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,098 | €4,823 | +€724 | +17.7% |
| Other operating charges | 640/8 | €974 | €9,804 | +€8,830 | +906.5% |
| Gross operating margin | 9900 | €23,814 | €27,688 | +€3,874 | +16.3% |
| Operating profit (loss) | 9901 | €18,742 | €13,061 | -€5,681 | -30.3% |
| Financial income | 75/76B | €0 | €1 | +€0 | +112.5% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +112.5% |
| Financial charges | 65/66B | €930 | €1,083 | +€154 | +16.5% |
| Recurring financial charges | 65 | €930 | €1,083 | +€154 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €17,813 | €11,979 | -€5,834 | -32.7% |
| Income taxes | 67/77 | - | €1,922 | +€1,922 | |
| Profit (loss) for the period | 9904 | €17,813 | €10,057 | -€7,755 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,813 | €10,057 | -€7,755 | -43.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.