Lemco - Management: 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.
Lemco - Management
Largest movements
- Cash -€6,853
down €6,853 (-69.4%), from €9,875 to €3,021
mainly Net result for the year (-€9,947) and Investment in fixed assets (net) (-€5,663)
- Tangible fixed assets -€5,727
down €5,727 (-8.0%), from €71,262 to €65,536
of which Plant, machinery and equipment: -€7,658
- Deferred charges and accrued income -€1,679
down €1,679 (-58.0%), from €2,894 to €1,216
- Profit (loss) carried forward -€9,947
down €9,947 (-41.4%), from -€24,050 to -€33,997
- Tax, wage and social debts -€2,453
down €2,453 (-68.9%), from €3,558 to €1,105
- Other debts -€1,617
down €1,617 (-2.0%), from €80,657 to €79,040
- Gross operating margin +€13,958
up €13,958, from -€9,789 to €4,169
- Other operating charges +€827
up €827 (+65.4%), from €1,264 to €2,090
- Depreciation +€335
up €335 (+3.0%), from €11,055 to €11,390
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 | €86,775 | €73,378 | -€13,397 | -15.4% |
| Fixed assets | 21/28 | €71,262 | €65,536 | -€5,727 | -8.0% |
| Tangible fixed assets | 22/27 | €71,262 | €65,536 | -€5,727 | -8.0% |
| Land and buildings | 22 | €2,474 | €2,024 | -€450 | -18.2% |
| Plant, machinery and equipment | 23 | €68,261 | €60,603 | -€7,658 | -11.2% |
| Furniture and vehicles | 24 | €528 | €379 | -€149 | -28.2% |
| Other tangible fixed assets | 26 | - | €2,529 | +€2,529 | |
| Current assets | 29/58 | €15,513 | €7,843 | -€7,670 | -49.4% |
| Amounts receivable within one year | 40/41 | €2,744 | €3,606 | +€862 | +31.4% |
| Trade receivables | 40 | €2,744 | €3,606 | +€862 | +31.4% |
| Cash at bank and in hand | 54/58 | €9,875 | €3,021 | -€6,853 | -69.4% |
| Deferred charges and accrued income | 490/1 | €2,894 | €1,216 | -€1,679 | -58.0% |
| Total equity and liabilities | 10/49 | €86,775 | €73,378 | -€13,397 | -15.4% |
| Equity | 10/15 | -€3,590 | -€13,537 | -€9,947 | -277% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,050 | -€33,997 | -€9,947 | -41.4% |
| Amounts payable | 17/49 | €90,366 | €86,916 | -€3,450 | -3.8% |
| Amounts payable within one year | 42/48 | €90,366 | €86,846 | -€3,520 | -3.9% |
| Trade debts | 44 | €6,151 | €6,701 | +€550 | +8.9% |
| Suppliers | 440/4 | €6,151 | €6,701 | +€550 | +8.9% |
| Taxes, remuneration and social security | 45 | €3,558 | €1,105 | -€2,453 | -68.9% |
| Taxes | 450/3 | €3,558 | €1,105 | -€2,453 | -68.9% |
| Other amounts payable | 47/48 | €80,657 | €79,040 | -€1,617 | -2.0% |
| Accrued charges and deferred income | 492/3 | - | €70 | +€70 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,055 | €11,390 | +€335 | +3.0% |
| Other operating charges | 640/8 | €1,264 | €2,090 | +€827 | +65.4% |
| Gross operating margin | 9900 | -€9,789 | €4,169 | +€13,958 | |
| Operating profit (loss) | 9901 | -€22,108 | -€9,311 | +€12,797 | +57.9% |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €58 | €49 | -€9 | -15.4% |
| Recurring financial charges | 65 | €58 | €49 | -€9 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€22,165 | -€9,315 | +€12,850 | +58.0% |
| Income taxes | 67/77 | €598 | €632 | +€34 | +5.7% |
| Profit (loss) for the period | 9904 | -€22,763 | -€9,947 | +€12,816 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,763 | -€9,947 | +€12,816 | +56.3% |
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 18 October 2026 via checked.be.