LEM-TRADING: 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-TRADING
Largest movements
- Receivables within one year -€8,006
down €8,006 (-52.6%), from €15,214 to €7,208
of which Other amounts receivable: -€9,830
- Cash -€7,455
down €7,455 (-41.7%), from €17,894 to €10,439
mainly Net result for the year (-€10,142) and Debts after one year (-€4,461)
- Profit (loss) carried forward -€10,142
down €10,142 (-22.3%), from €45,489 to €35,347
- Debts after one year -€4,461
down €4,461 (-4.0%), from €110,298 to €105,837
- Gross operating margin +€4,510
up €4,510 (+56.9%), from -€7,925 to -€3,415
- Financial charges -€421
down €421 (-7.7%), from €5,501 to €5,080
- Other operating charges +€91
up €91 (+5.8%), from €1,556 to €1,647
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 | €222,732 | €208,364 | -€14,368 | -6.5% |
| Fixed assets | 21/28 | €153 | €153 | = | 0.0% |
| Financial fixed assets | 28 | €153 | €153 | = | 0.0% |
| Current assets | 29/58 | €222,579 | €208,211 | -€14,368 | -6.5% |
| Stocks and contracts in progress | 3 | €189,422 | €190,512 | +€1,090 | +0.6% |
| Stocks | 30/36 | €189,422 | €190,512 | +€1,090 | +0.6% |
| Amounts receivable within one year | 40/41 | €15,214 | €7,208 | -€8,006 | -52.6% |
| Trade receivables | 40 | - | €1,824 | +€1,824 | |
| Other amounts receivable | 41 | €15,214 | €5,384 | -€9,830 | -64.6% |
| Cash at bank and in hand | 54/58 | €17,894 | €10,439 | -€7,455 | -41.7% |
| Deferred charges and accrued income | 490/1 | €49 | €52 | +€3 | +6.1% |
| Total equity and liabilities | 10/49 | €222,732 | €208,364 | -€14,368 | -6.5% |
| Equity | 10/15 | €102,489 | €92,347 | -€10,142 | -9.9% |
| Contributions | 10/11 | €57,000 | €57,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,489 | €35,347 | -€10,142 | -22.3% |
| Amounts payable | 17/49 | €120,243 | €116,017 | -€4,226 | -3.5% |
| Amounts payable after more than one year | 17 | €110,298 | €105,837 | -€4,461 | -4.0% |
| Financial debts | 170/4 | €110,298 | €105,837 | -€4,461 | -4.0% |
| Amounts payable within one year | 42/48 | €9,945 | €10,180 | +€235 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €8,440 | €6,918 | -€1,522 | -18.0% |
| Trade debts | 44 | €282 | €2,039 | +€1,757 | +623% |
| Suppliers | 440/4 | - | €2,039 | +€2,039 | |
| Bills of exchange payable | 441 | €282 | - | -€282 | |
| Other amounts payable | 47/48 | €1,223 | €1,223 | = | 0.0% |
| Other operating charges | 640/8 | €1,556 | €1,647 | +€91 | +5.8% |
| Gross operating margin | 9900 | -€7,925 | -€3,415 | +€4,510 | +56.9% |
| Operating profit (loss) | 9901 | -€9,481 | -€5,062 | +€4,419 | +46.6% |
| Financial charges | 65/66B | €5,501 | €5,080 | -€421 | -7.7% |
| Recurring financial charges | 65 | €5,501 | €5,080 | -€421 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,982 | -€10,142 | +€4,840 | +32.3% |
| Profit (loss) for the period | 9904 | -€14,982 | -€10,142 | +€4,840 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,982 | -€10,142 | +€4,840 | +32.3% |
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 22 October 2026 via checked.be.