Lembelg Construct: 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.
Lembelg Construct
Largest movements
- Cash -€107,147
down €107,147 (-91.0%), from €117,742 to €10,595
mainly Stocks and contracts (-€106,445) and Receivables within one year (-€39,803)
- Stocks and contracts +€106,445
new in 2025: €106,445
- Receivables within one year +€39,803
up €39,803 (+811.9%), from €4,902 to €44,706
of which Trade receivables: +€38,178
- Tax, wage and social debts +€17,672
up €17,672 (+43.3%), from €40,837 to €58,509
of which Remuneration and social security: +€14,681
- Profit (loss) carried forward +€11,964
up €11,964 (+36.7%), from €32,581 to €44,544
- Other debts +€9,497
new in 2025: €9,497
- Gross operating margin -€26,594
down €26,594 (-63.0%), from €42,192 to €15,599
- Taxes -€4,989
down €4,989 (-61.3%), from €8,145 to €3,156
- Depreciation -€1,018
down €1,018 (-78.6%), from €1,296 to €278
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 | €123,045 | €162,264 | +€39,220 | +31.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €400 | €519 | +€118 | +29.5% |
| Tangible fixed assets | 22/27 | €400 | €519 | +€118 | +29.5% |
| Furniture and vehicles | 24 | €400 | €519 | +€118 | +29.5% |
| Current assets | 29/58 | €122,644 | €161,746 | +€39,102 | +31.9% |
| Stocks and contracts in progress | 3 | - | €106,445 | +€106,445 | |
| Contracts in progress | 37 | - | €106,445 | +€106,445 | |
| Amounts receivable within one year | 40/41 | €4,902 | €44,706 | +€39,803 | +811.9% |
| Trade receivables | 40 | €4,325 | €42,503 | +€38,178 | +882.6% |
| Other amounts receivable | 41 | €577 | €2,203 | +€1,626 | +281.8% |
| Cash at bank and in hand | 54/58 | €117,742 | €10,595 | -€107,147 | -91.0% |
| Total equity and liabilities | 10/49 | €123,045 | €162,264 | +€39,220 | +31.9% |
| Equity | 10/15 | €33,581 | €45,544 | +€11,964 | +35.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,581 | €44,544 | +€11,964 | +36.7% |
| Amounts payable | 17/49 | €89,464 | €116,720 | +€27,256 | +30.5% |
| Amounts payable within one year | 42/48 | €89,464 | €116,720 | +€27,256 | +30.5% |
| Trade debts | 44 | €48,627 | €48,714 | +€87 | +0.2% |
| Suppliers | 440/4 | €48,627 | €48,714 | +€87 | +0.2% |
| Taxes, remuneration and social security | 45 | €40,837 | €58,509 | +€17,672 | +43.3% |
| Taxes | 450/3 | €8,145 | €11,136 | +€2,991 | +36.7% |
| Remuneration and social security | 454/9 | €32,692 | €47,373 | +€14,681 | +44.9% |
| Other amounts payable | 47/48 | - | €9,497 | +€9,497 | |
| Non-recurring operating income | 76A | - | €163 | +€163 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,296 | €278 | -€1,018 | -78.6% |
| Other operating charges | 640/8 | €163 | €0 | -€163 | -100.0% |
| Gross operating margin | 9900 | €42,192 | €15,599 | -€26,594 | -63.0% |
| Operating profit (loss) | 9901 | €40,733 | €15,321 | -€25,412 | -62.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €8 | €202 | +€195 | +2593.3% |
| Recurring financial charges | 65 | €8 | €202 | +€195 | +2593.3% |
| Profit (loss) for the period before taxes | 9903 | €40,726 | €15,120 | -€25,606 | -62.9% |
| Income taxes | 67/77 | €8,145 | €3,156 | -€4,989 | -61.3% |
| Profit (loss) for the period | 9904 | €32,581 | €11,964 | -€20,617 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,581 | €11,964 | -€20,617 | -63.3% |
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 7 October 2026 via checked.be.