LEM Services: 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 Services
Largest movements
- Cash +€24,500
up €24,500 (+149.4%), from €16,395 to €40,895
mainly Net result for the year (+€28,370) and Debts after one year (+€14,108)
- Tangible fixed assets +€19,259
up €19,259 (+1888.9%), from €1,020 to €20,279
- Receivables within one year +€13,170
up €13,170 (+420.4%), from €3,133 to €16,302
of which Trade receivables: +€9,293
- Reserves +€28,370
up €28,370 (+1422.0%), from €1,995 to €30,365
- Debts after one year +€14,108
new in 2025: €14,108
- Tax, wage and social debts +€10,986
up €10,986 (+1017.2%), from €1,080 to €12,066
- Current portion of long-term debt +€3,347
new in 2025: €3,347
- Other debts +€2,825
up €2,825 (+33.0%), from €8,561 to €11,386
- Gross operating margin +€27,420
up €27,420 (+181.8%), from €15,082 to €42,502
- Taxes +€9,906
up €9,906 (+917.2%), from €1,080 to €10,986
- Financial charges +€922
up €922 (+81.0%), from €1,138 to €2,060
- Depreciation +€732
up €732 (+137.4%), from €533 to €1,265
- Financial income +€496
up €496 (+576.3%), from €86 to €582
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 | €20,947 | €77,876 | +€56,929 | +271.8% |
| Fixed assets | 21/28 | €1,420 | €20,679 | +€19,259 | +1356.7% |
| Tangible fixed assets | 22/27 | €1,020 | €20,279 | +€19,259 | +1888.9% |
| Plant, machinery and equipment | 23 | €1,020 | €20,279 | +€19,259 | +1888.9% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €19,527 | €57,197 | +€37,670 | +192.9% |
| Amounts receivable within one year | 40/41 | €3,133 | €16,302 | +€13,170 | +420.4% |
| Trade receivables | 40 | €1,986 | €11,279 | +€9,293 | +467.8% |
| Other amounts receivable | 41 | €1,146 | €5,023 | +€3,877 | +338.2% |
| Cash at bank and in hand | 54/58 | €16,395 | €40,895 | +€24,500 | +149.4% |
| Total equity and liabilities | 10/49 | €20,947 | €77,876 | +€56,929 | +271.8% |
| Equity | 10/15 | €3,995 | €32,365 | +€28,370 | +710.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €1,995 | €30,365 | +€28,370 | +1422.0% |
| Distributable reserves | 133 | €1,995 | €30,365 | +€28,370 | +1422.0% |
| Amounts payable | 17/49 | €16,952 | €45,511 | +€28,559 | +168.5% |
| Amounts payable after more than one year | 17 | - | €14,108 | +€14,108 | |
| Financial debts | 170/4 | - | €14,108 | +€14,108 | |
| Amounts payable within one year | 42/48 | €16,952 | €31,403 | +€14,451 | +85.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,347 | +€3,347 | |
| Trade debts | 44 | €7,311 | €4,604 | -€2,707 | -37.0% |
| Suppliers | 440/4 | €7,311 | €4,604 | -€2,707 | -37.0% |
| Taxes, remuneration and social security | 45 | €1,080 | €12,066 | +€10,986 | +1017.2% |
| Taxes | 450/3 | €1,080 | €12,066 | +€10,986 | +1017.2% |
| Other amounts payable | 47/48 | €8,561 | €11,386 | +€2,825 | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €533 | €1,265 | +€732 | +137.4% |
| Other operating charges | 640/8 | - | €402 | +€402 | |
| Gross operating margin | 9900 | €15,082 | €42,502 | +€27,420 | +181.8% |
| Operating profit (loss) | 9901 | €14,549 | €40,834 | +€26,285 | +180.7% |
| Financial income | 75/76B | €86 | €582 | +€496 | +576.3% |
| Recurring financial income | 75 | €86 | €582 | +€496 | +576.3% |
| Financial charges | 65/66B | €1,138 | €2,060 | +€922 | +81.0% |
| Recurring financial charges | 65 | €1,138 | €2,060 | +€922 | +81.0% |
| Profit (loss) for the period before taxes | 9903 | €13,497 | €39,356 | +€25,859 | +191.6% |
| Income taxes | 67/77 | €1,080 | €10,986 | +€9,906 | +917.2% |
| Profit (loss) for the period | 9904 | €12,417 | €28,370 | +€15,953 | +128.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,417 | €28,370 | +€15,953 | +128.5% |
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 9 October 2026 via checked.be.