LEMATT: 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.
LEMATT
Largest movements
- Receivables after one year +€31,715
up €31,715 (+109%), from €29,031 to €60,746
- Cash +€4,027
up €4,027 (+11,564%), from €35 to €4,061
mainly Net result for the year (+€22,222) and Tax, wage and social debts (+€9,318)
- Tangible fixed assets -€1,109
down €1,109 (-20.7%), from €5,355 to €4,247
- Reserves +€22,222
up €22,222 (+79.8%), from €27,863 to €50,084
- Tax, wage and social debts +€9,318
up €9,318 (+50.6%), from €18,399 to €27,717
of which Taxes: +€9,318
- Trade debts +€3,863
up €3,863 (+347%), from €1,114 to €4,977
- Financial charges +€5,743
up €5,743 (+360%), from €1,596 to €7,340
- Financial income +€1,083
up €1,083 (+292%), from €371 to €1,454
- Depreciation +€920
up €920 (+489%), from €188 to €1,109
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 | €50,702 | €86,105 | +€35,403 | +69.8% |
| Fixed assets | 21/28 | €5,355 | €4,247 | -€1,109 | -20.7% |
| Tangible fixed assets | 22/27 | €5,355 | €4,247 | -€1,109 | -20.7% |
| Other tangible fixed assets | 26 | €5,355 | €4,247 | -€1,109 | -20.7% |
| Current assets | 29/58 | €45,346 | €81,858 | +€36,512 | +80.5% |
| Amounts receivable after more than one year | 29 | €29,031 | €60,746 | +€31,715 | +109% |
| Other amounts receivable | 291 | €29,031 | €60,746 | +€31,715 | +109% |
| Amounts receivable within one year | 40/41 | €16,280 | €17,051 | +€770 | +4.7% |
| Trade receivables | 40 | €16,280 | €17,051 | +€770 | +4.7% |
| Cash at bank and in hand | 54/58 | €35 | €4,061 | +€4,027 | +11,564% |
| Total equity and liabilities | 10/49 | €50,702 | €86,105 | +€35,403 | +69.8% |
| Equity | 10/15 | €30,863 | €53,084 | +€22,222 | +72.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,863 | €50,084 | +€22,222 | +79.8% |
| Distributable reserves | 133 | €27,863 | €50,084 | +€22,222 | +79.8% |
| Amounts payable | 17/49 | €19,839 | €33,020 | +€13,181 | +66.4% |
| Amounts payable within one year | 42/48 | €19,513 | €32,694 | +€13,181 | +67.5% |
| Trade debts | 44 | €1,114 | €4,977 | +€3,863 | +347% |
| Suppliers | 440/4 | €1,114 | €4,977 | +€3,863 | +347% |
| Taxes, remuneration and social security | 45 | €18,399 | €27,717 | +€9,318 | +50.6% |
| Taxes | 450/3 | €16,099 | €25,417 | +€9,318 | +57.9% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €326 | €326 | +€0 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188 | €1,109 | +€920 | +489% |
| Other operating charges | 640/8 | €796 | €560 | -€236 | -29.6% |
| Gross operating margin | 9900 | €38,407 | €38,124 | -€283 | -0.7% |
| Operating profit (loss) | 9901 | €37,423 | €36,455 | -€967 | -2.6% |
| Financial income | 75/76B | €371 | €1,454 | +€1,083 | +292% |
| Recurring financial income | 75 | €371 | €1,454 | +€1,083 | +292% |
| Financial charges | 65/66B | €1,596 | €7,340 | +€5,743 | +360% |
| Recurring financial charges | 65 | €1,596 | €7,340 | +€5,743 | +360% |
| Profit (loss) for the period before taxes | 9903 | €36,197 | €30,570 | -€5,627 | -15.5% |
| Income taxes | 67/77 | €8,335 | €8,348 | +€13 | +0.2% |
| Profit (loss) for the period | 9904 | €27,863 | €22,222 | -€5,641 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,863 | €22,222 | -€5,641 | -20.2% |
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 13 October 2026 via checked.be.