LEMAK CONSTRUCTION: 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.
LEMAK CONSTRUCTION
Largest movements
- Cash +€10,129
up €10,129 (+259%), from €3,918 to €14,047
mainly Trade debts (+€10,672) and Net result for the year (+€7,437)
- Receivables within one year +€5,138
up €5,138 (+55.8%), from €9,202 to €14,340
of which Other amounts receivable: +€12,187
- Tangible fixed assets +€1,503
up €1,503 (+26.5%), from €5,680 to €7,183
of which Furniture and vehicles: +€854
- Trade debts +€10,672
up €10,672 (+5,987%), from €178 to €10,851
- Profit (loss) carried forward +€7,437
up €7,437 (+49.9%), from €14,897 to €22,334
- Tax, wage and social debts -€1,868
down €1,868 (-50.1%), from €3,724 to €1,857
- Other debts +€619
new in 2025: €619
- Gross operating margin -€19,054
down €19,054 (-65.0%), from €29,332 to €10,278
- Staff costs -€1,458
no longer reported in 2025 (was €1,458)
- Taxes -€1,418
down €1,418 (-43.3%), from €3,275 to €1,857
- Depreciation -€1,013
down €1,013 (-71.4%), from €1,420 to €407
- Other operating charges +€508
new in 2025: €508
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 | €18,800 | €35,661 | +€16,860 | +89.7% |
| Fixed assets | 21/28 | €5,680 | €7,273 | +€1,593 | +28.0% |
| Tangible fixed assets | 22/27 | €5,680 | €7,183 | +€1,503 | +26.5% |
| Plant, machinery and equipment | 23 | - | €649 | +€649 | |
| Furniture and vehicles | 24 | €5,680 | €6,534 | +€854 | +15.0% |
| Financial fixed assets | 28 | - | €90 | +€90 | |
| Current assets | 29/58 | €13,120 | €28,387 | +€15,267 | +116% |
| Amounts receivable within one year | 40/41 | €9,202 | €14,340 | +€5,138 | +55.8% |
| Trade receivables | 40 | €7,049 | €0 | -€7,049 | -100% |
| Other amounts receivable | 41 | €2,152 | €14,340 | +€12,187 | +566% |
| Cash at bank and in hand | 54/58 | €3,918 | €14,047 | +€10,129 | +259% |
| Total equity and liabilities | 10/49 | €18,800 | €35,661 | +€16,860 | +89.7% |
| Equity | 10/15 | €14,897 | €22,334 | +€7,437 | +49.9% |
| Profit (loss) carried forward | 14 | €14,897 | €22,334 | +€7,437 | +49.9% |
| Amounts payable | 17/49 | €3,903 | €13,327 | +€9,424 | +241% |
| Amounts payable within one year | 42/48 | €3,903 | €13,327 | +€9,424 | +241% |
| Trade debts | 44 | €178 | €10,851 | +€10,672 | +5,987% |
| Suppliers | 440/4 | €178 | €10,851 | +€10,672 | +5,987% |
| Taxes, remuneration and social security | 45 | €3,724 | €1,857 | -€1,868 | -50.1% |
| Taxes | 450/3 | €3,724 | €1,857 | -€1,868 | -50.1% |
| Other amounts payable | 47/48 | - | €619 | +€619 | |
| Remuneration, social security and pensions | 62 | €1,458 | - | -€1,458 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,420 | €407 | -€1,013 | -71.4% |
| Other operating charges | 640/8 | - | €508 | +€508 | |
| Non-recurring operating charges | 66A | €10,080 | - | -€10,080 | |
| Gross operating margin | 9900 | €29,332 | €10,278 | -€19,054 | -65.0% |
| Operating profit (loss) | 9901 | €16,374 | €9,363 | -€7,011 | -42.8% |
| Financial charges | 65/66B | - | €70 | +€70 | |
| Recurring financial charges | 65 | - | €70 | +€70 | |
| Profit (loss) for the period before taxes | 9903 | €16,374 | €9,293 | -€7,081 | -43.2% |
| Income taxes | 67/77 | €3,275 | €1,857 | -€1,418 | -43.3% |
| Profit (loss) for the period | 9904 | €13,099 | €7,437 | -€5,663 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,099 | €7,437 | -€5,663 | -43.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.