LEM5: 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.
LEM5
Largest movements
- Cash -€10,289
down €10,289 (-72.0%), from €14,280 to €3,991
- Other debts +€300,589
up €300,589 (+94.5%), from €318,015 to €618,604
- Short-term financial debts -€300,000
no longer reported in 2024 (was €300,000)
- Profit (loss) carried forward -€12,430
down €12,430 (-34.6%), from -€35,898 to -€48,328
- Financial charges -€13,765
down €13,765 (-99.2%), from €13,870 to €104
- Gross operating margin -€811
down €811 (-44.7%), from -€1,815 to -€2,626
- Other operating charges -€695
no longer reported in 2024 (was €695)
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €614,280 | €603,991 | -€10,289 | -1.7% |
| Fixed assets | 21/28 | €600,000 | €600,000 | = | 0.0% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €14,280 | €3,991 | -€10,289 | -72.0% |
| Cash at bank and in hand | 54/58 | €14,280 | €3,991 | -€10,289 | -72.0% |
| Total equity and liabilities | 10/49 | €614,280 | €603,991 | -€10,289 | -1.7% |
| Equity | 10/15 | -€20,898 | -€33,328 | -€12,430 | -59.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Outside capital | 11 | €15,000 | €15,000 | = | 0.0% |
| Other | 1109/19 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,898 | -€48,328 | -€12,430 | -34.6% |
| Amounts payable | 17/49 | €635,178 | €637,319 | +€2,141 | +0.3% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €620,178 | €622,319 | +€2,141 | +0.3% |
| Financial debts | 43 | €300,000 | - | -€300,000 | |
| Credit institutions | 430/8 | €300,000 | - | -€300,000 | |
| Trade debts | 44 | €2,163 | €3,715 | +€1,552 | +71.8% |
| Suppliers | 440/4 | €2,163 | €3,715 | +€1,552 | +71.8% |
| Other amounts payable | 47/48 | €318,015 | €618,604 | +€300,589 | +94.5% |
| Other operating charges | 640/8 | €695 | - | -€695 | |
| Gross operating margin | 9900 | -€1,815 | -€2,626 | -€811 | -44.7% |
| Operating profit (loss) | 9901 | -€2,510 | -€2,626 | -€116 | -4.6% |
| Financial charges | 65/66B | €13,870 | €104 | -€13,765 | -99.2% |
| Recurring financial charges | 65 | €13,870 | €104 | -€13,765 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,380 | -€2,730 | +€13,649 | +83.3% |
| Profit (loss) for the period | 9904 | -€16,380 | -€2,730 | +€13,649 | +83.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,380 | -€2,730 | +€13,649 | +83.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.