LEMACK: 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.
LEMACK
Largest movements
- Tangible fixed assets -€21,382
down €21,382 (-3.4%), from €630,571 to €609,189
of which Land and buildings: -€13,749
- Profit (loss) carried forward +€105,038
up €105,038 (+43.1%), from €243,448 to €348,486
- Debts after one year -€78,168
down €78,168 (-13.5%), from €577,664 to €499,497
- Other debts -€35,491
down €35,491 (-35.8%), from €99,216 to €63,725
- Gross operating margin -€18,559
down €18,559 (-13.7%), from €135,078 to €116,519
- Financial income -€14,000
down €14,000 (-20.0%), from €70,000 to €56,000
- Other operating charges +€6,791
up €6,791 (+554%), from €1,226 to €8,017
- Taxes -€6,770
down €6,770 (-26.4%), from €25,629 to €18,860
- Financial charges -€5,528
down €5,528 (-30.1%), from €18,339 to €12,811
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 | €1,019,549 | €1,008,511 | -€11,038 | -1.1% |
| Fixed assets | 21/28 | €986,830 | €965,448 | -€21,382 | -2.2% |
| Tangible fixed assets | 22/27 | €630,571 | €609,189 | -€21,382 | -3.4% |
| Land and buildings | 22 | €579,235 | €565,486 | -€13,749 | -2.4% |
| Plant, machinery and equipment | 23 | €970 | €4,653 | +€3,683 | +380% |
| Furniture and vehicles | 24 | €50,366 | €39,050 | -€11,316 | -22.5% |
| Financial fixed assets | 28 | €356,259 | €356,259 | = | 0.0% |
| Current assets | 29/58 | €32,719 | €43,063 | +€10,344 | +31.6% |
| Amounts receivable within one year | 40/41 | €13,794 | €14,278 | +€484 | +3.5% |
| Trade receivables | 40 | €13,794 | €14,278 | +€484 | +3.5% |
| Cash at bank and in hand | 54/58 | €18,925 | €28,785 | +€9,860 | +52.1% |
| Total equity and liabilities | 10/49 | €1,019,549 | €1,008,511 | -€11,038 | -1.1% |
| Equity | 10/15 | €244,448 | €349,486 | +€105,038 | +43.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €243,448 | €348,486 | +€105,038 | +43.1% |
| Amounts payable | 17/49 | €775,101 | €659,025 | -€116,076 | -15.0% |
| Amounts payable after more than one year | 17 | €577,664 | €499,497 | -€78,168 | -13.5% |
| Financial debts | 170/4 | €577,664 | €499,497 | -€78,168 | -13.5% |
| Amounts payable within one year | 42/48 | €192,836 | €159,528 | -€33,308 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €76,749 | €78,168 | +€1,419 | +1.8% |
| Trade debts | 44 | €5,387 | €2,450 | -€2,937 | -54.5% |
| Suppliers | 440/4 | €5,387 | €2,450 | -€2,937 | -54.5% |
| Taxes, remuneration and social security | 45 | €11,485 | €15,185 | +€3,701 | +32.2% |
| Taxes | 450/3 | €10,298 | €13,929 | +€3,631 | +35.3% |
| Remuneration and social security | 454/9 | €1,187 | €1,257 | +€70 | +5.9% |
| Other amounts payable | 47/48 | €99,216 | €63,725 | -€35,491 | -35.8% |
| Accrued charges and deferred income | 492/3 | €4,600 | - | -€4,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,896 | €26,127 | +€231 | +0.9% |
| Other operating charges | 640/8 | €1,226 | €8,017 | +€6,791 | +554% |
| Gross operating margin | 9900 | €135,078 | €116,519 | -€18,559 | -13.7% |
| Operating profit (loss) | 9901 | €107,956 | €82,375 | -€25,581 | -23.7% |
| Financial income | 75/76B | €70,000 | €56,000 | -€14,000 | -20.0% |
| Recurring financial income | 75 | €70,000 | €56,000 | -€14,000 | -20.0% |
| Financial charges | 65/66B | €18,339 | €12,811 | -€5,528 | -30.1% |
| Recurring financial charges | 65 | €18,339 | €12,811 | -€5,528 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €159,617 | €125,564 | -€34,053 | -21.3% |
| Income taxes | 67/77 | €25,629 | €18,860 | -€6,770 | -26.4% |
| Profit (loss) for the period | 9904 | €133,987 | €106,704 | -€27,283 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €133,987 | €106,704 | -€27,283 | -20.4% |
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 14 October 2026 via checked.be.