LEMAN ONE: 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.
LEMAN ONE
Largest movements
- Tangible fixed assets -€40,213
down €40,213 (-4.6%), from €872,810 to €832,597
of which Land and buildings: -€42,281
- Debts after one year -€40,917
down €40,917 (-8.9%), from €457,403 to €416,485
- Profit (loss) carried forward -€12,297
down €12,297 (-3.4%), from -€357,421 to -€369,718
- Other debts +€10,000
up €10,000 (+1.6%), from €607,658 to €617,658
- Gross operating margin +€2,046
up €2,046 (+4.4%), from €46,656 to €48,701
- Financial charges -€795
down €795 (-7.9%), from €10,095 to €9,300
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 | €878,769 | €836,322 | -€42,447 | -4.8% |
| Fixed assets | 21/28 | €872,810 | €832,597 | -€40,213 | -4.6% |
| Tangible fixed assets | 22/27 | €872,810 | €832,597 | -€40,213 | -4.6% |
| Land and buildings | 22 | €872,810 | €830,529 | -€42,281 | -4.8% |
| Plant, machinery and equipment | 23 | - | €2,068 | +€2,068 | |
| Current assets | 29/58 | €5,959 | €3,725 | -€2,234 | -37.5% |
| Cash at bank and in hand | 54/58 | €5,959 | €3,725 | -€2,234 | -37.5% |
| Total equity and liabilities | 10/49 | €878,769 | €836,322 | -€42,447 | -4.8% |
| Equity | 10/15 | -€227,421 | -€239,718 | -€12,297 | -5.4% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Capital | 10 | €130,000 | €130,000 | = | 0.0% |
| Issued capital | 100 | €130,000 | €130,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€357,421 | -€369,718 | -€12,297 | -3.4% |
| Amounts payable | 17/49 | €1,106,190 | €1,076,040 | -€30,150 | -2.7% |
| Amounts payable after more than one year | 17 | €457,403 | €416,485 | -€40,917 | -8.9% |
| Financial debts | 170/4 | €457,403 | €416,485 | -€40,917 | -8.9% |
| Amounts payable within one year | 42/48 | €647,817 | €658,575 | +€10,758 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €40,160 | €40,917 | +€758 | +1.9% |
| Other amounts payable | 47/48 | €607,658 | €617,658 | +€10,000 | +1.6% |
| Accrued charges and deferred income | 492/3 | €970 | €980 | +€10 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,522 | €43,847 | +€325 | +0.7% |
| Other operating charges | 640/8 | €7,524 | €7,852 | +€327 | +4.4% |
| Gross operating margin | 9900 | €46,656 | €48,701 | +€2,046 | +4.4% |
| Operating profit (loss) | 9901 | -€4,391 | -€2,997 | +€1,394 | +31.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €10,095 | €9,300 | -€795 | -7.9% |
| Recurring financial charges | 65 | €10,095 | €9,300 | -€795 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,485 | -€12,297 | +€2,188 | +15.1% |
| Profit (loss) for the period | 9904 | -€14,485 | -€12,297 | +€2,188 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,485 | -€12,297 | +€2,188 | +15.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.