LEMA BESTUUR: what changed
LEMA BESTUUR
Largest movements
- Receivables within one year +€493,642
up €493,642 (+131%), from €377,031 to €870,672
of which Other amounts receivable: +€531,152
- Receivables after one year -€67,289
down €67,289 (-15.5%), from €433,001 to €365,712
- Cash +€39,978
up €39,978 (+73.2%), from €54,629 to €94,607
mainly Other debts (+€533,166) and Receivables after one year (+€67,289)
- Other debts +€533,166
up €533,166 (+809%), from €65,889 to €599,055
- Debts after one year -€40,000
down €40,000 (-40.0%), from €100,001 to €60,001
- Trade debts -€36,818
down €36,818 (-100%), from €36,818 to €0
- Gross operating margin +€9,943
up €9,943 (+42.5%), from €23,393 to €33,336
- Financial income +€6,198
up €6,198 (+233%), from €2,664 to €8,862
- Taxes +€3,944
up €3,944 (+166%), from €2,370 to €6,315
- Financial charges +€1,895
up €1,895 (+25.1%), from €7,563 to €9,458
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,396,153 | €2,868,682 | +€472,529 | +19.7% |
| Fixed assets | 21/28 | €1,528,828 | €1,528,828 | = | 0.0% |
| Financial fixed assets | 28 | €1,528,828 | €1,528,828 | = | 0.0% |
| Current assets | 29/58 | €867,325 | €1,339,853 | +€472,529 | +54.5% |
| Amounts receivable after more than one year | 29 | €433,001 | €365,712 | -€67,289 | -15.5% |
| Other amounts receivable | 291 | €433,001 | €365,712 | -€67,289 | -15.5% |
| Amounts receivable within one year | 40/41 | €377,031 | €870,672 | +€493,642 | +131% |
| Trade receivables | 40 | €37,510 | €0 | -€37,510 | -100% |
| Other amounts receivable | 41 | €339,521 | €870,672 | +€531,152 | +156% |
| Cash at bank and in hand | 54/58 | €54,629 | €94,607 | +€39,978 | +73.2% |
| Deferred charges and accrued income | 490/1 | €2,664 | €8,862 | +€6,198 | +233% |
| Total equity and liabilities | 10/49 | €2,396,153 | €2,868,682 | +€472,529 | +19.7% |
| Equity | 10/15 | €2,086,957 | €2,104,089 | +€17,132 | +0.8% |
| Contributions | 10/11 | €1,065,162 | €1,065,162 | = | 0.0% |
| Reserves | 13 | €1,021,795 | €1,038,927 | +€17,132 | +1.7% |
| Tax-exempt reserves | 132 | €147,350 | €0 | -€147,350 | -100% |
| Distributable reserves | 133 | €874,445 | €1,038,927 | +€164,482 | +18.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €309,196 | €764,593 | +€455,397 | +147% |
| Amounts payable after more than one year | 17 | €100,001 | €60,001 | -€40,000 | -40.0% |
| Financial debts | 170/4 | €100,001 | €60,001 | -€40,000 | -40.0% |
| Amounts payable within one year | 42/48 | €142,706 | €645,312 | +€502,606 | +352% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €40,000 | = | 0.0% |
| Trade debts | 44 | €36,818 | €0 | -€36,818 | -100% |
| Suppliers | 440/4 | €36,818 | €0 | -€36,818 | -100% |
| Taxes, remuneration and social security | 45 | €0 | €6,257 | +€6,257 | |
| Taxes | 450/3 | €0 | €6,257 | +€6,257 | |
| Other amounts payable | 47/48 | €65,889 | €599,055 | +€533,166 | +809% |
| Accrued charges and deferred income | 492/3 | €66,490 | €59,280 | -€7,209 | -10.8% |
| Other operating charges | 640/8 | €9,012 | €9,293 | +€281 | +3.1% |
| Gross operating margin | 9900 | €23,393 | €33,336 | +€9,943 | +42.5% |
| Operating profit (loss) | 9901 | €14,381 | €24,042 | +€9,661 | +67.2% |
| Financial income | 75/76B | €2,664 | €8,862 | +€6,198 | +233% |
| Recurring financial income | 75 | €2,664 | €8,862 | +€6,198 | +233% |
| Financial charges | 65/66B | €7,563 | €9,458 | +€1,895 | +25.1% |
| Recurring financial charges | 65 | €7,563 | €9,458 | +€1,895 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €9,482 | €23,447 | +€13,965 | +147% |
| Income taxes | 67/77 | €2,370 | €6,315 | +€3,944 | +166% |
| Profit (loss) for the period | 9904 | €7,111 | €17,132 | +€10,021 | +141% |
| Transfer from tax-exempt reserves | 789 | - | €147,350 | +€147,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,111 | €164,482 | +€157,371 | +2,213% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.