Lemaire Samuel: 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.
Lemaire Samuel
Largest movements
- Receivables within one year -€4,207
down €4,207 (-10.3%), from €40,696 to €36,489
of which Other amounts receivable: -€2,781
- Stocks and contracts +€3,554
up €3,554 (+38.2%), from €9,306 to €12,860
- Trade debts -€31,126
down €31,126 (-72.2%), from €43,129 to €12,003
- Tax, wage and social debts +€15,682
up €15,682 (+487%), from €3,218 to €18,900
- Debts after one year +€5,957
up €5,957 (+3.6%), from €164,703 to €170,660
- Current portion of long-term debt +€4,587
up €4,587 (+22.2%), from €20,697 to €25,284
- Short-term financial debts +€2,671
new in 2023: €2,671
- Gross operating margin -€41,670
down €41,670 (-48.4%), from €86,043 to €44,373
- Financial charges -€11,376
down €11,376 (-49.4%), from €23,027 to €11,651
- Staff costs -€10,235
down €10,235 (-88.7%), from €11,544 to €1,309
- Depreciation -€6,259
down €6,259 (-16.3%), from €38,361 to €32,102
- Other operating charges -€6,171
down €6,171 (-83.9%), from €7,358 to €1,187
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €209,437 | €209,228 | -€209 | -0.1% |
| Formation expenses | 20 | €738 | - | -€738 | |
| Fixed assets | 21/28 | €157,803 | €159,354 | +€1,551 | +1.0% |
| Tangible fixed assets | 22/27 | €157,803 | €159,354 | +€1,551 | +1.0% |
| Land and buildings | 22 | €122,776 | €106,802 | -€15,974 | -13.0% |
| Plant, machinery and equipment | 23 | €11,125 | €8,341 | -€2,784 | -25.0% |
| Furniture and vehicles | 24 | €10,660 | €6,440 | -€4,220 | -39.6% |
| Leasing and similar rights | 25 | €13,242 | €37,771 | +€24,529 | +185% |
| Current assets | 29/58 | €50,896 | €49,874 | -€1,022 | -2.0% |
| Stocks and contracts in progress | 3 | €9,306 | €12,860 | +€3,554 | +38.2% |
| Stocks | 30/36 | €9,306 | €12,860 | +€3,554 | +38.2% |
| Amounts receivable within one year | 40/41 | €40,696 | €36,489 | -€4,207 | -10.3% |
| Trade receivables | 40 | €23,256 | €21,830 | -€1,426 | -6.1% |
| Other amounts receivable | 41 | €17,440 | €14,659 | -€2,781 | -15.9% |
| Cash at bank and in hand | 54/58 | €894 | €424 | -€470 | -52.6% |
| Deferred charges and accrued income | 490/1 | - | €101 | +€101 | |
| Total equity and liabilities | 10/49 | €209,437 | €209,228 | -€209 | -0.1% |
| Equity | 10/15 | -€22,310 | -€20,290 | +€2,020 | +9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,785 | €8,785 | = | 0.0% |
| 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 | €6,925 | €6,925 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,695 | -€47,675 | +€2,020 | +4.1% |
| Amounts payable | 17/49 | €231,747 | €229,518 | -€2,229 | -1.0% |
| Amounts payable after more than one year | 17 | €164,703 | €170,660 | +€5,957 | +3.6% |
| Financial debts | 170/4 | €164,703 | €170,660 | +€5,957 | +3.6% |
| Amounts payable within one year | 42/48 | €67,044 | €58,858 | -€8,186 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €20,697 | €25,284 | +€4,587 | +22.2% |
| Financial debts | 43 | - | €2,671 | +€2,671 | |
| Credit institutions | 430/8 | - | €2,671 | +€2,671 | |
| Trade debts | 44 | €43,129 | €12,003 | -€31,126 | -72.2% |
| Suppliers | 440/4 | €43,129 | €12,003 | -€31,126 | -72.2% |
| Taxes, remuneration and social security | 45 | €3,218 | €18,900 | +€15,682 | +487% |
| Taxes | 450/3 | €3,218 | €18,900 | +€15,682 | +487% |
| Remuneration, social security and pensions | 62 | €11,544 | €1,309 | -€10,235 | -88.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,361 | €32,102 | -€6,259 | -16.3% |
| Other operating charges | 640/8 | €7,358 | €1,187 | -€6,171 | -83.9% |
| Non-recurring operating charges | 66A | €1,433 | - | -€1,433 | |
| Gross operating margin | 9900 | €86,043 | €44,373 | -€41,670 | -48.4% |
| Operating profit (loss) | 9901 | €27,347 | €9,775 | -€17,572 | -64.3% |
| Financial income | 75/76B | €751 | €3,896 | +€3,145 | +419% |
| Recurring financial income | 75 | €751 | €3,896 | +€3,145 | +419% |
| Financial charges | 65/66B | €23,027 | €11,651 | -€11,376 | -49.4% |
| Recurring financial charges | 65 | €23,027 | €11,651 | -€11,376 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €5,071 | €2,020 | -€3,051 | -60.2% |
| Profit (loss) for the period | 9904 | €5,071 | €2,020 | -€3,051 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,071 | €2,020 | -€3,051 | -60.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.