LEMAX TECHNICS: what changed
LEMAX TECHNICS
Largest movements
- Cash -€191,482
down €191,482 (-90.3%), from €212,060 to €20,578
mainly Stocks and contracts (-€144,403) and Contributions, distributions and other (-€111,206)
- Stocks and contracts +€144,403
up €144,403 (+540%), from €26,729 to €171,132
- Receivables within one year +€105,802
up €105,802 (+136%), from €78,011 to €183,813
of which Trade receivables: +€89,539
- Tangible fixed assets -€4,546
down €4,546 (-18.1%), from €25,164 to €20,619
of which Furniture and vehicles: -€3,854
- Short-term financial debts +€104,831
new in 2025: €104,831
- Reserves -€64,359
down €64,359 (-24.6%), from €261,369 to €197,010
- Trade debts +€18,849
up €18,849 (+169%), from €11,161 to €30,009
- Tax, wage and social debts -€11,788
down €11,788 (-82.7%), from €14,254 to €2,466
- Other debts +€8,467
up €8,467 (+21.3%), from €39,801 to €48,269
- Other operating charges +€18,916
up €18,916 (+1,201%), from €1,575 to €20,492
- Taxes -€4,180
down €4,180 (-24.8%), from €16,865 to €12,685
- Financial charges +€2,941
up €2,941 (+6,217%), from €47 to €2,988
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €345,185 | €401,281 | +€56,095 | +16.3% |
| Fixed assets | 21/28 | €25,164 | €20,619 | -€4,546 | -18.1% |
| Tangible fixed assets | 22/27 | €25,164 | €20,619 | -€4,546 | -18.1% |
| Land and buildings | 22 | €3,613 | €2,921 | -€691 | -19.1% |
| Furniture and vehicles | 24 | €21,551 | €17,697 | -€3,854 | -17.9% |
| Current assets | 29/58 | €320,021 | €380,662 | +€60,641 | +18.9% |
| Stocks and contracts in progress | 3 | €26,729 | €171,132 | +€144,403 | +540% |
| Stocks | 30/36 | €26,729 | €171,132 | +€144,403 | +540% |
| Amounts receivable within one year | 40/41 | €78,011 | €183,813 | +€105,802 | +136% |
| Trade receivables | 40 | €73,022 | €162,561 | +€89,539 | +123% |
| Other amounts receivable | 41 | €4,989 | €21,252 | +€16,263 | +326% |
| Cash at bank and in hand | 54/58 | €212,060 | €20,578 | -€191,482 | -90.3% |
| Deferred charges and accrued income | 490/1 | €3,220 | €5,139 | +€1,919 | +59.6% |
| Total equity and liabilities | 10/49 | €345,185 | €401,281 | +€56,095 | +16.3% |
| Equity | 10/15 | €279,969 | €215,610 | -€64,359 | -23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €261,369 | €197,010 | -€64,359 | -24.6% |
| Distributable reserves | 133 | €261,369 | €197,010 | -€64,359 | -24.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,216 | €185,671 | +€120,454 | +185% |
| Amounts payable within one year | 42/48 | €65,216 | €185,575 | +€120,359 | +185% |
| Financial debts | 43 | - | €104,831 | +€104,831 | |
| Credit institutions | 430/8 | - | €104,831 | +€104,831 | |
| Trade debts | 44 | €11,161 | €30,009 | +€18,849 | +169% |
| Suppliers | 440/4 | €11,161 | €30,009 | +€18,849 | +169% |
| Taxes, remuneration and social security | 45 | €14,254 | €2,466 | -€11,788 | -82.7% |
| Taxes | 450/3 | €14,254 | €2,466 | -€11,788 | -82.7% |
| Other amounts payable | 47/48 | €39,801 | €48,269 | +€8,467 | +21.3% |
| Accrued charges and deferred income | 492/3 | €0 | €95 | +€95 | |
| Non-recurring operating income | 76A | €5,785 | €0 | -€5,785 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,907 | €8,744 | -€163 | -1.8% |
| Other operating charges | 640/8 | €1,575 | €20,492 | +€18,916 | +1,201% |
| Gross operating margin | 9900 | €91,012 | €90,254 | -€758 | -0.8% |
| Operating profit (loss) | 9901 | €80,530 | €61,018 | -€19,511 | -24.2% |
| Financial income | 75/76B | €742 | €1,501 | +€759 | +102% |
| Recurring financial income | 75 | €742 | €1,501 | +€759 | +102% |
| Financial charges | 65/66B | €47 | €2,988 | +€2,941 | +6,217% |
| Recurring financial charges | 65 | €47 | €2,988 | +€2,941 | +6,217% |
| Profit (loss) for the period before taxes | 9903 | €81,224 | €59,532 | -€21,693 | -26.7% |
| Income taxes | 67/77 | €16,865 | €12,685 | -€4,180 | -24.8% |
| Profit (loss) for the period | 9904 | €64,359 | €46,847 | -€17,513 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,359 | €46,847 | -€17,513 | -27.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.