LEMAHIEU AGRO: 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.
LEMAHIEU AGRO
Largest movements
- Cash +€375,644
up €375,644 (+1,658%), from €22,655 to €398,299
mainly Net result for the year (+€577,421) and Provisions (+€176,690)
- Tangible fixed assets -€77,633
down €77,633 (-49.6%), from €156,602 to €78,970
of which Land and buildings: -€84,627
- Stocks and contracts -€42,419
down €42,419 (-53.9%), from €78,722 to €36,303
- Receivables within one year +€7,240
up €7,240 (+9.1%), from €79,660 to €86,900
of which Other amounts receivable: +€7,240
- Reserves +€530,070
up €530,070 (+2,854%), from €18,570 to €548,640
of which Tax-exempt reserves: +€530,070
- Other debts -€407,486
down €407,486 (-93.1%), from €437,602 to €30,116
- Provisions +€176,690
new in 2025: €176,690
- Trade debts -€74,383
down €74,383 (-44.6%), from €166,704 to €92,320
- Profit (loss) carried forward +€47,351
up €47,351 (+12.0%), from -€394,462 to -€347,111
- Gross operating margin +€745,434
up €745,434 (+4,636%), from €16,080 to €761,514
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 | €368,000 | €633,703 | +€265,702 | +72.2% |
| Formation expenses | 20 | €4,242 | €4,242 | = | 0.0% |
| Fixed assets | 21/28 | €180,602 | €102,970 | -€77,633 | -43.0% |
| Tangible fixed assets | 22/27 | €156,602 | €78,970 | -€77,633 | -49.6% |
| Land and buildings | 22 | €156,602 | €71,975 | -€84,627 | -54.0% |
| Plant, machinery and equipment | 23 | - | €6,995 | +€6,995 | |
| Financial fixed assets | 28 | €24,000 | €24,000 | = | 0.0% |
| Current assets | 29/58 | €183,156 | €526,491 | +€343,335 | +187% |
| Stocks and contracts in progress | 3 | €78,722 | €36,303 | -€42,419 | -53.9% |
| Stocks | 30/36 | €78,722 | €36,303 | -€42,419 | -53.9% |
| Amounts receivable within one year | 40/41 | €79,660 | €86,900 | +€7,240 | +9.1% |
| Trade receivables | 40 | €77,600 | €77,600 | = | 0.0% |
| Other amounts receivable | 41 | €2,060 | €9,300 | +€7,240 | +351% |
| Cash at bank and in hand | 54/58 | €22,655 | €398,299 | +€375,644 | +1,658% |
| Deferred charges and accrued income | 490/1 | €2,119 | €4,989 | +€2,870 | +135% |
| Total equity and liabilities | 10/49 | €368,000 | €633,703 | +€265,702 | +72.2% |
| Equity | 10/15 | -€242,973 | €334,448 | +€577,421 | |
| Contributions | 10/11 | €132,920 | €132,920 | = | 0.0% |
| Capital | 10 | €132,920 | €132,920 | = | 0.0% |
| Issued capital | 100 | €132,920 | €132,920 | = | 0.0% |
| Reserves | 13 | €18,570 | €548,640 | +€530,070 | +2,854% |
| Non-distributable reserves | 130/1 | €1,532 | €1,532 | = | 0.0% |
| Legal reserve | 130 | €1,532 | €1,532 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €530,070 | +€530,070 | |
| Distributable reserves | 133 | €17,038 | €17,038 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€394,462 | -€347,111 | +€47,351 | +12.0% |
| Provisions and deferred taxes | 16 | - | €176,690 | +€176,690 | |
| Deferred taxes | 168 | - | €176,690 | +€176,690 | |
| Amounts payable | 17/49 | €610,973 | €122,564 | -€488,409 | -79.9% |
| Amounts payable within one year | 42/48 | €610,973 | €122,436 | -€488,537 | -80.0% |
| Current portion of amounts payable after more than one year | 42 | €6,667 | - | -€6,667 | |
| Trade debts | 44 | €166,704 | €92,320 | -€74,383 | -44.6% |
| Suppliers | 440/4 | €166,704 | €92,320 | -€74,383 | -44.6% |
| Other amounts payable | 47/48 | €437,602 | €30,116 | -€407,486 | -93.1% |
| Accrued charges and deferred income | 492/3 | - | €128 | +€128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,386 | €4,436 | -€4,950 | -52.7% |
| Other operating charges | 640/8 | €2,840 | €2,762 | -€78 | -2.7% |
| Gross operating margin | 9900 | €16,080 | €761,514 | +€745,434 | +4,636% |
| Operating profit (loss) | 9901 | €3,854 | €754,316 | +€750,462 | +19,473% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €651 | €204 | -€447 | -68.6% |
| Recurring financial charges | 65 | €651 | €204 | -€447 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | €3,203 | €754,111 | +€750,909 | +23,446% |
| Transfer from deferred taxes | 780 | - | €63 | +€63 | |
| Transfer to deferred taxes | 680 | - | €176,753 | +€176,753 | |
| Profit (loss) for the period | 9904 | €3,203 | €577,421 | +€574,219 | +17,929% |
| Transfer from tax-exempt reserves | 789 | - | €189 | +€189 | |
| Transfer to tax-exempt reserves | 689 | - | €530,259 | +€530,259 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,203 | €47,351 | +€44,149 | +1,378% |
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 20 October 2026 via checked.be.