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LemBeau: 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.

What changed

LemBeau

BE 0768.976.804
NACE 35.110, Production of electricity from non-renewable sources
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€253,331
2023 · €256,158-€2,828
Equity
€2.0m
2023 · €1.9m+€98,831
Cash
€194,302
2023 · €403,586-€209,285
Balance sheet total
€6.3m
2023 · €6.5m-€155,625

Largest movements

2023 to 2024
Assets
  • Current investments +€500,000

    new in 2024: €500,000

  • Tangible fixed assets -€306,085

    down €306,085 (-5.2%), from €5.9m to €5.6m

  • Cash -€209,285

    down €209,285 (-51.9%), from €403,586 to €194,302

    mainly Current investments (-€500,000) and Debts after one year (-€306,189)

  • Receivables within one year -€142,987

    down €142,987 (-77.2%), from €185,116 to €42,129

    of which Trade receivables: -€146,762

Equity and liabilities
  • Debts after one year -€306,189

    down €306,189 (-7.6%), from €4.0m to €3.7m

  • Profit (loss) carried forward +€103,331

    up €103,331 (+83.8%), from €123,268 to €226,598

  • Trade debts +€84,845

    up €84,845 (+3762.6%), from €2,255 to €87,100

Income statement
  • Depreciation +€21,848

    up €21,848 (+7.5%), from €290,587 to €312,435

  • Financial charges -€7,542

    down €7,542 (-7.9%), from €95,915 to €88,373

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €256,158
Gross operating margin +€6,356
Depreciation -€21,848
Other operating charges -€535
Financial income +€5,656
Financial charges +€7,542
Result 2024 €253,331

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€756,869
Investment -€506,350
Financing -€459,803
Cash 2023 €403,586
Net result for the year +€253,331
Depreciation +€312,435
Receivables within one year +€142,987
Deferred charges and accrued income -€2,731
Trade debts +€84,845
Tax, wage and social debts -€2,106
Accrued charges and deferred income -€31,891
Investment in fixed assets (net) -€6,350
Current investments -€500,000
Debts after one year -€306,189
Current portion of long-term debt +€886
Contributions, distributions and other -€154,500
Cash 2024 €194,302
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €6,490,298 €6,334,673 -€155,625 -2.4%
Fixed assets 21/28 €5,890,103 €5,584,018 -€306,085 -5.2%
Tangible fixed assets 22/27 €5,890,103 €5,584,018 -€306,085 -5.2%
Plant, machinery and equipment 23 €5,890,103 €5,584,018 -€306,085 -5.2%
Current assets 29/58 €600,195 €750,655 +€150,460 +25.1%
Amounts receivable within one year 40/41 €185,116 €42,129 -€142,987 -77.2%
Trade receivables 40 €183,276 €36,514 -€146,762 -80.1%
Other amounts receivable 41 €1,840 €5,615 +€3,776 +205.2%
Current investments 50/53 - €500,000 +€500,000
Cash at bank and in hand 54/58 €403,586 €194,302 -€209,285 -51.9%
Deferred charges and accrued income 490/1 €11,493 €14,225 +€2,731 +23.8%
Total equity and liabilities 10/49 €6,490,298 €6,334,673 -€155,625 -2.4%
Equity 10/15 €1,903,518 €2,002,348 +€98,831 +5.2%
Contributions 10/11 €1,700,000 €1,700,000 = 0.0%
Profit (loss) carried forward 14 €123,268 €226,598 +€103,331 +83.8%
Investment grants 15 €80,250 €75,750 -€4,500 -5.6%
Amounts payable 17/49 €4,586,780 €4,332,325 -€254,455 -5.5%
Amounts payable after more than one year 17 €4,045,027 €3,738,838 -€306,189 -7.6%
Financial debts 170/4 €4,045,027 €3,738,838 -€306,189 -7.6%
Amounts payable within one year 42/48 €491,804 €575,428 +€83,624 +17.0%
Current portion of amounts payable after more than one year 42 €305,303 €306,189 +€886 +0.3%
Trade debts 44 €2,255 €87,100 +€84,845 +3762.6%
Suppliers 440/4 €2,255 €87,100 +€84,845 +3762.6%
Taxes, remuneration and social security 45 €34,246 €32,140 -€2,106 -6.2%
Taxes 450/3 €34,246 €32,140 -€2,106 -6.2%
Other amounts payable 47/48 €150,000 €150,000 = 0.0%
Accrued charges and deferred income 492/3 €49,948 €18,058 -€31,891 -63.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €290,587 €312,435 +€21,848 +7.5%
Other operating charges 640/8 €559 €1,094 +€535 +95.7%
Gross operating margin 9900 €631,790 €638,146 +€6,356 +1.0%
Operating profit (loss) 9901 €340,644 €324,617 -€16,027 -4.7%
Financial income 75/76B €11,429 €17,086 +€5,656 +49.5%
Recurring financial income 75 €11,429 €17,086 +€5,656 +49.5%
Financial charges 65/66B €95,915 €88,373 -€7,542 -7.9%
Recurring financial charges 65 €95,915 €88,373 -€7,542 -7.9%
Profit (loss) for the period before taxes 9903 €256,158 €253,331 -€2,828 -1.1%
Profit (loss) for the period 9904 €256,158 €253,331 -€2,828 -1.1%
Profit (loss) for the period to be appropriated 9905 €256,158 €253,331 -€2,828 -1.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.