Lemach: 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.
Lemach
Largest movements
- Current investments -€33,087
down €33,087 (-100.0%), from €33,087 to €0
- Cash +€24,184
up €24,184 (+653.2%), from €3,703 to €27,887
mainly Other debts (+€129,630) and Net result for the year (+€70,076)
- Tangible fixed assets -€3,380
down €3,380 (-55.4%), from €6,103 to €2,723
of which Furniture and vehicles: -€3,641
- Other debts +€129,630
up €129,630 (+4438.1%), from €2,921 to €132,551
- Reserves -€121,924
down €121,924 (-60.6%), from €201,225 to €79,302
of which Distributable reserves: -€121,924
- Debts after one year -€16,023
down €16,023 (-22.9%), from €69,837 to €53,814
- Tax, wage and social debts +€4,622
up €4,622 (+43.4%), from €10,646 to €15,268
- Current portion of long-term debt -€3,756
down €3,756 (-19.0%), from €19,779 to €16,023
- Financial income +€21,240
up €21,240 (+233.8%), from €9,087 to €30,327
- Taxes +€1,821
up €1,821 (+11.0%), from €16,612 to €18,433
- Gross operating margin +€1,389
up €1,389 (+2.2%), from €64,276 to €65,665
- Depreciation -€716
down €716 (-34.6%), from €2,068 to €1,352
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 | €327,497 | €317,185 | -€10,313 | -3.1% |
| Fixed assets | 21/28 | €279,530 | €276,149 | -€3,380 | -1.2% |
| Tangible fixed assets | 22/27 | €6,103 | €2,723 | -€3,380 | -55.4% |
| Plant, machinery and equipment | 23 | €1,268 | €1,529 | +€261 | +20.6% |
| Furniture and vehicles | 24 | €4,835 | €1,194 | -€3,641 | -75.3% |
| Financial fixed assets | 28 | €273,426 | €273,426 | = | 0.0% |
| Current assets | 29/58 | €47,968 | €41,036 | -€6,932 | -14.5% |
| Amounts receivable within one year | 40/41 | €10,890 | €12,864 | +€1,974 | +18.1% |
| Trade receivables | 40 | €10,890 | €12,864 | +€1,974 | +18.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €33,087 | €0 | -€33,087 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,703 | €27,887 | +€24,184 | +653.2% |
| Deferred charges and accrued income | 490/1 | €289 | €285 | -€4 | -1.3% |
| Total equity and liabilities | 10/49 | €327,497 | €317,185 | -€10,313 | -3.1% |
| Equity | 10/15 | €219,775 | €97,852 | -€121,924 | -55.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €201,225 | €79,302 | -€121,924 | -60.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €199,365 | €77,442 | -€121,924 | -61.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €107,722 | €219,333 | +€111,611 | +103.6% |
| Amounts payable after more than one year | 17 | €69,837 | €53,814 | -€16,023 | -22.9% |
| Financial debts | 170/4 | €69,837 | €53,814 | -€16,023 | -22.9% |
| Amounts payable within one year | 42/48 | €37,885 | €165,519 | +€127,634 | +336.9% |
| Current portion of amounts payable after more than one year | 42 | €19,779 | €16,023 | -€3,756 | -19.0% |
| Financial debts | 43 | €28 | €31 | +€3 | +10.7% |
| Credit institutions | 430/8 | €28 | €31 | +€3 | +10.7% |
| Trade debts | 44 | €4,511 | €1,646 | -€2,865 | -63.5% |
| Suppliers | 440/4 | €4,511 | €1,646 | -€2,865 | -63.5% |
| Taxes, remuneration and social security | 45 | €10,646 | €15,268 | +€4,622 | +43.4% |
| Taxes | 450/3 | €10,646 | €15,268 | +€4,622 | +43.4% |
| Other amounts payable | 47/48 | €2,921 | €132,551 | +€129,630 | +4438.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,068 | €1,352 | -€716 | -34.6% |
| Other operating charges | 640/8 | €1,429 | €1,555 | +€126 | +8.8% |
| Non-recurring operating charges | 66A | €103 | €3,179 | +€3,076 | +2973.4% |
| Gross operating margin | 9900 | €64,276 | €65,665 | +€1,389 | +2.2% |
| Operating profit (loss) | 9901 | €60,676 | €59,580 | -€1,096 | -1.8% |
| Financial income | 75/76B | €9,087 | €30,327 | +€21,240 | +233.8% |
| Recurring financial income | 75 | €9,087 | €30,327 | +€21,240 | +233.8% |
| Financial charges | 65/66B | €1,819 | €1,397 | -€422 | -23.2% |
| Recurring financial charges | 65 | €1,819 | €1,397 | -€422 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €67,943 | €88,510 | +€20,566 | +30.3% |
| Income taxes | 67/77 | €16,612 | €18,433 | +€1,821 | +11.0% |
| Profit (loss) for the period | 9904 | €51,331 | €70,076 | +€18,745 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €51,331 | €70,076 | +€18,745 | +36.5% |
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 10 October 2026 via checked.be.