LEMBECA: 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.
LEMBECA
Largest movements
- Cash +€51,473
up €51,473 (+83.4%), from €61,739 to €113,212
mainly Net result for the year (+€52,957) and Depreciation (+€35,321)
- Tangible fixed assets -€22,836
down €22,836 (-8.8%), from €260,553 to €237,717
of which Land and buildings: -€22,993
- Receivables within one year -€6,515
down €6,515 (-12.6%), from €51,583 to €45,069
of which Trade receivables: -€9,482
- Reserves +€52,957
up €52,957 (+27.3%), from €194,300 to €247,257
- Other debts -€15,890
down €15,890 (-56.0%), from €28,374 to €12,484
- Debts after one year -€11,322
down €11,322 (-12.5%), from €90,578 to €79,256
- Tax, wage and social debts -€4,352
down €4,352 (-10.5%), from €41,503 to €37,151
- Gross operating margin -€88,824
down €88,824 (-44.0%), from €201,758 to €112,934
- Taxes -€23,592
down €23,592 (-54.3%), from €43,420 to €19,828
- Staff costs -€15,895
no longer reported in 2025 (was €15,895)
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 | €387,217 | €407,301 | +€20,084 | +5.2% |
| Fixed assets | 21/28 | €261,103 | €238,267 | -€22,836 | -8.7% |
| Tangible fixed assets | 22/27 | €260,553 | €237,717 | -€22,836 | -8.8% |
| Land and buildings | 22 | €257,433 | €234,440 | -€22,993 | -8.9% |
| Plant, machinery and equipment | 23 | €357 | €1,320 | +€963 | +269.6% |
| Furniture and vehicles | 24 | €2,762 | €1,957 | -€805 | -29.1% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €126,115 | €169,034 | +€42,920 | +34.0% |
| Stocks and contracts in progress | 3 | €2,262 | €1,454 | -€808 | -35.7% |
| Stocks | 30/36 | €2,262 | €1,454 | -€808 | -35.7% |
| Amounts receivable within one year | 40/41 | €51,583 | €45,069 | -€6,515 | -12.6% |
| Trade receivables | 40 | €51,583 | €42,101 | -€9,482 | -18.4% |
| Other amounts receivable | 41 | - | €2,968 | +€2,968 | |
| Cash at bank and in hand | 54/58 | €61,739 | €113,212 | +€51,473 | +83.4% |
| Deferred charges and accrued income | 490/1 | €10,531 | €9,299 | -€1,231 | -11.7% |
| Total equity and liabilities | 10/49 | €387,217 | €407,301 | +€20,084 | +5.2% |
| Equity | 10/15 | €212,900 | €265,857 | +€52,957 | +24.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €194,300 | €247,257 | +€52,957 | +27.3% |
| Distributable reserves | 133 | €194,300 | €247,257 | +€52,957 | +27.3% |
| Amounts payable | 17/49 | €174,318 | €141,445 | -€32,873 | -18.9% |
| Amounts payable after more than one year | 17 | €90,578 | €79,256 | -€11,322 | -12.5% |
| Financial debts | 170/4 | €90,578 | €79,256 | -€11,322 | -12.5% |
| Amounts payable within one year | 42/48 | €83,623 | €62,188 | -€21,435 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €11,322 | €11,322 | = | 0.0% |
| Financial debts | 43 | €700 | - | -€700 | |
| Other loans | 439 | €700 | - | -€700 | |
| Trade debts | 44 | €1,723 | €1,231 | -€492 | -28.6% |
| Suppliers | 440/4 | €1,723 | €1,231 | -€492 | -28.6% |
| Taxes, remuneration and social security | 45 | €41,503 | €37,151 | -€4,352 | -10.5% |
| Taxes | 450/3 | €41,503 | €37,151 | -€4,352 | -10.5% |
| Other amounts payable | 47/48 | €28,374 | €12,484 | -€15,890 | -56.0% |
| Accrued charges and deferred income | 492/3 | €117 | €1 | -€116 | -99.4% |
| Remuneration, social security and pensions | 62 | €15,895 | - | -€15,895 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,231 | €35,321 | +€90 | +0.3% |
| Other operating charges | 640/8 | €2,713 | €2,980 | +€267 | +9.8% |
| Gross operating margin | 9900 | €201,758 | €112,934 | -€88,824 | -44.0% |
| Operating profit (loss) | 9901 | €147,918 | €74,633 | -€73,285 | -49.5% |
| Financial income | 75/76B | €5 | €1 | -€4 | -88.6% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -88.6% |
| Financial charges | 65/66B | €1,915 | €1,848 | -€66 | -3.5% |
| Recurring financial charges | 65 | €1,915 | €1,848 | -€66 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €146,008 | €72,785 | -€73,223 | -50.1% |
| Income taxes | 67/77 | €43,420 | €19,828 | -€23,592 | -54.3% |
| Profit (loss) for the period | 9904 | €102,588 | €52,957 | -€49,631 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €102,588 | €52,957 | -€49,631 | -48.4% |
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 2 October 2026 via checked.be.