LEMCON: 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.
LEMCON
Largest movements
- Receivables within one year -€730,355
down €730,355 (-27.9%), from €2.6m to €1.9m
of which Trade receivables: -€868,952
- Stocks and contracts +€110,000
up €110,000 (+303.4%), from €36,254 to €146,254
- Tangible fixed assets +€46,286
up €46,286 (+15.4%), from €299,673 to €345,959
of which Furniture and vehicles: +€28,328
- Trade debts -€655,731
down €655,731 (-27.1%), from €2.4m to €1.8m
- Profit (loss) carried forward +€41,100
up €41,100 (+20.6%), from €199,786 to €240,887
- Gross operating margin +€206,602
up €206,602 (+26.5%), from €779,992 to €986,594
- Staff costs +€144,111
up €144,111 (+21.1%), from €683,031 to €827,142
- Depreciation +€41,844
up €41,844 (+101.5%), from €41,220 to €83,064
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,992,790 | €2,403,025 | -€589,765 | -19.7% |
| Fixed assets | 21/28 | €299,673 | €345,959 | +€46,286 | +15.4% |
| Tangible fixed assets | 22/27 | €299,673 | €345,959 | +€46,286 | +15.4% |
| Land and buildings | 22 | €3,754 | €3,337 | -€417 | -11.1% |
| Plant, machinery and equipment | 23 | €147,168 | €166,426 | +€19,257 | +13.1% |
| Furniture and vehicles | 24 | €140,611 | €168,939 | +€28,328 | +20.1% |
| Other tangible fixed assets | 26 | €8,140 | €7,257 | -€883 | -10.8% |
| Current assets | 29/58 | €2,693,117 | €2,057,066 | -€636,050 | -23.6% |
| Stocks and contracts in progress | 3 | €36,254 | €146,254 | +€110,000 | +303.4% |
| Stocks | 30/36 | €36,254 | €146,254 | +€110,000 | +303.4% |
| Amounts receivable within one year | 40/41 | €2,615,186 | €1,884,831 | -€730,355 | -27.9% |
| Trade receivables | 40 | €2,162,922 | €1,293,970 | -€868,952 | -40.2% |
| Other amounts receivable | 41 | €452,265 | €590,861 | +€138,596 | +30.6% |
| Cash at bank and in hand | 54/58 | €41,677 | €25,982 | -€15,695 | -37.7% |
| Total equity and liabilities | 10/49 | €2,992,790 | €2,403,025 | -€589,765 | -19.7% |
| Equity | 10/15 | €214,046 | €255,147 | +€41,100 | +19.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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 | €199,786 | €240,887 | +€41,100 | +20.6% |
| Amounts payable | 17/49 | €2,778,744 | €2,147,879 | -€630,865 | -22.7% |
| Amounts payable after more than one year | 17 | €51,877 | €57,586 | +€5,709 | +11.0% |
| Financial debts | 170/4 | €51,877 | €57,586 | +€5,709 | +11.0% |
| Amounts payable within one year | 42/48 | €2,726,867 | €2,090,293 | -€636,574 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €35,098 | €50,453 | +€15,355 | +43.7% |
| Trade debts | 44 | €2,416,870 | €1,761,139 | -€655,731 | -27.1% |
| Suppliers | 440/4 | €2,416,870 | €1,761,139 | -€655,731 | -27.1% |
| Taxes, remuneration and social security | 45 | €56,749 | €60,551 | +€3,802 | +6.7% |
| Taxes | 450/3 | €45,060 | €39,818 | -€5,242 | -11.6% |
| Remuneration and social security | 454/9 | €11,689 | €20,734 | +€9,045 | +77.4% |
| Other amounts payable | 47/48 | €218,150 | €218,150 | = | 0.0% |
| Non-recurring operating income | 76A | €513,173 | - | -€513,173 | |
| Remuneration, social security and pensions | 62 | €683,031 | €827,142 | +€144,111 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,220 | €83,064 | +€41,844 | +101.5% |
| Other operating charges | 640/8 | €4,216 | €3,906 | -€310 | -7.3% |
| Gross operating margin | 9900 | €779,992 | €986,594 | +€206,602 | +26.5% |
| Operating profit (loss) | 9901 | €51,525 | €72,482 | +€20,957 | +40.7% |
| Financial income | 75/76B | €92 | €291 | +€199 | +214.9% |
| Recurring financial income | 75 | €92 | €291 | +€199 | +214.9% |
| Financial charges | 65/66B | €6,381 | €8,098 | +€1,716 | +26.9% |
| Recurring financial charges | 65 | €6,381 | €8,098 | +€1,716 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €45,236 | €64,676 | +€19,439 | +43.0% |
| Income taxes | 67/77 | €16,242 | €23,575 | +€7,333 | +45.1% |
| Profit (loss) for the period | 9904 | €28,994 | €41,100 | +€12,106 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,994 | €41,100 | +€12,106 | +41.8% |
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 5 October 2026 via checked.be.