LEMACO: 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.
LEMACO
Largest movements
- Cash +€39,075
up €39,075 (+54.1%), from €72,213 to €111,288
mainly Net result for the year (+€34,230) and Current investments (+€9,775)
- Current investments -€9,775
down €9,775 (-4.8%), from €204,819 to €195,044
- Reserves +€15,370
up €15,370 (+5.8%), from €267,060 to €282,430
- Tax, wage and social debts +€9,000
up €9,000 (+215.7%), from €4,172 to €13,172
- Taxes -€11,377
down €11,377 (-43.8%), from €25,959 to €14,582
- Gross operating margin +€7,757
up €7,757 (+21.1%), from €36,795 to €44,552
- Financial charges +€5,266
up €5,266 (+245.7%), from €2,143 to €7,409
of which Non-recurring financial charges: +€5,075
- Financial income -€2,988
down €2,988 (-16.7%), from €17,845 to €14,857
- Other operating charges -€1,999
down €1,999 (-63.7%), from €3,139 to €1,140
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 | €292,435 | €316,929 | +€24,494 | +8.4% |
| Fixed assets | 21/28 | €2,300 | €252 | -€2,048 | -89.0% |
| Tangible fixed assets | 22/27 | €2,300 | €252 | -€2,048 | -89.0% |
| Furniture and vehicles | 24 | €2,300 | €252 | -€2,048 | -89.0% |
| Current assets | 29/58 | €290,135 | €316,677 | +€26,542 | +9.1% |
| Amounts receivable within one year | 40/41 | €13,103 | €10,345 | -€2,758 | -21.0% |
| Trade receivables | 40 | €10,080 | €10,261 | +€181 | +1.8% |
| Other amounts receivable | 41 | €3,023 | €84 | -€2,939 | -97.2% |
| Current investments | 50/53 | €204,819 | €195,044 | -€9,775 | -4.8% |
| Cash at bank and in hand | 54/58 | €72,213 | €111,288 | +€39,075 | +54.1% |
| Total equity and liabilities | 10/49 | €292,435 | €316,929 | +€24,494 | +8.4% |
| Equity | 10/15 | €285,947 | €301,347 | +€15,400 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €267,060 | €282,430 | +€15,370 | +5.8% |
| Distributable reserves | 133 | €267,060 | €282,430 | +€15,370 | +5.8% |
| Profit (loss) carried forward | 14 | €287 | €317 | +€30 | +10.5% |
| Amounts payable | 17/49 | €6,488 | €15,582 | +€9,094 | +140.2% |
| Amounts payable within one year | 42/48 | €6,488 | €15,382 | +€8,894 | +137.1% |
| Trade debts | 44 | €2,316 | €2,210 | -€106 | -4.6% |
| Suppliers | 440/4 | €2,316 | €2,210 | -€106 | -4.6% |
| Taxes, remuneration and social security | 45 | €4,172 | €13,172 | +€9,000 | +215.7% |
| Taxes | 450/3 | €4,172 | €13,172 | +€9,000 | +215.7% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Non-recurring operating income | 76A | €6,400 | - | -€6,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,052 | €2,048 | -€4 | -0.2% |
| Other operating charges | 640/8 | €3,139 | €1,140 | -€1,999 | -63.7% |
| Gross operating margin | 9900 | €36,795 | €44,552 | +€7,757 | +21.1% |
| Operating profit (loss) | 9901 | €31,604 | €41,364 | +€9,760 | +30.9% |
| Financial income | 75/76B | €17,845 | €14,857 | -€2,988 | -16.7% |
| Recurring financial income | 75 | €17,845 | €14,857 | -€2,988 | -16.7% |
| Financial charges | 65/66B | €2,143 | €7,409 | +€5,266 | +245.7% |
| Recurring financial charges | 65 | €2,143 | €2,334 | +€191 | +8.9% |
| Non-recurring financial charges | 66B | - | €5,075 | +€5,075 | |
| Profit (loss) for the period before taxes | 9903 | €47,306 | €48,812 | +€1,506 | +3.2% |
| Income taxes | 67/77 | €25,959 | €14,582 | -€11,377 | -43.8% |
| Profit (loss) for the period | 9904 | €21,347 | €34,230 | +€12,883 | +60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,347 | €34,230 | +€12,883 | +60.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.