LEMEIRE: 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.
LEMEIRE
Largest movements
- Receivables within one year -€17,239
down €17,239 (-25.1%), from €68,706 to €51,467
of which Trade receivables: -€17,102
- Other debts -€13,439
down €13,439 (-35.2%), from €38,196 to €24,757
- Trade debts -€8,877
down €8,877 (-100.0%), from €8,880 to €2
- Financial income -€32,557
down €32,557 (-66.5%), from €48,947 to €16,390
- Gross operating margin -€10,810
down €10,810, from €6,589 to -€4,222
- Taxes -€8,675
down €8,675 (-93.6%), from €9,273 to €598
- Depreciation +€945
up €945 (+35.6%), from €2,653 to €3,598
- Financial charges +€827
up €827 (+18.9%), from €4,380 to €5,207
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 | €434,878 | €414,362 | -€20,516 | -4.7% |
| Fixed assets | 21/28 | €6,775 | €3,177 | -€3,598 | -53.1% |
| Tangible fixed assets | 22/27 | €6,775 | €3,177 | -€3,598 | -53.1% |
| Plant, machinery and equipment | 23 | €1,095 | - | -€1,095 | |
| Other tangible fixed assets | 26 | €5,680 | €3,177 | -€2,503 | -44.1% |
| Current assets | 29/58 | €428,102 | €411,184 | -€16,918 | -4.0% |
| Amounts receivable within one year | 40/41 | €68,706 | €51,467 | -€17,239 | -25.1% |
| Trade receivables | 40 | €65,674 | €48,573 | -€17,102 | -26.0% |
| Other amounts receivable | 41 | €3,032 | €2,895 | -€137 | -4.5% |
| Cash at bank and in hand | 54/58 | €359,397 | €357,938 | -€1,458 | -0.4% |
| Deferred charges and accrued income | 490/1 | - | €1,779 | +€1,779 | |
| Total equity and liabilities | 10/49 | €434,878 | €414,362 | -€20,516 | -4.7% |
| Equity | 10/15 | €378,850 | €380,642 | +€1,793 | +0.5% |
| Contributions | 10/11 | €20,900 | €20,900 | = | 0.0% |
| Reserves | 13 | €105,032 | €105,032 | = | 0.0% |
| Distributable reserves | 133 | €105,032 | €105,032 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,918 | €254,710 | +€1,793 | +0.7% |
| Amounts payable | 17/49 | €56,028 | €33,719 | -€22,309 | -39.8% |
| Amounts payable within one year | 42/48 | €56,028 | €33,719 | -€22,309 | -39.8% |
| Trade debts | 44 | €8,880 | €2 | -€8,877 | -100.0% |
| Suppliers | 440/4 | €8,880 | €2 | -€8,877 | -100.0% |
| Taxes, remuneration and social security | 45 | €8,952 | €8,960 | +€8 | +0.1% |
| Taxes | 450/3 | €8,952 | €8,960 | +€8 | +0.1% |
| Other amounts payable | 47/48 | €38,196 | €24,757 | -€13,439 | -35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,653 | €3,598 | +€945 | +35.6% |
| Other operating charges | 640/8 | €944 | €974 | +€30 | +3.2% |
| Gross operating margin | 9900 | €6,589 | -€4,222 | -€10,810 | |
| Operating profit (loss) | 9901 | €2,992 | -€8,793 | -€11,785 | |
| Financial income | 75/76B | €48,947 | €16,390 | -€32,557 | -66.5% |
| Recurring financial income | 75 | €48,947 | €16,390 | -€32,557 | -66.5% |
| Financial charges | 65/66B | €4,380 | €5,207 | +€827 | +18.9% |
| Recurring financial charges | 65 | €4,380 | €5,207 | +€827 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €47,559 | €2,390 | -€45,169 | -95.0% |
| Income taxes | 67/77 | €9,273 | €598 | -€8,675 | -93.6% |
| Profit (loss) for the period | 9904 | €38,287 | €1,793 | -€36,494 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,287 | €1,793 | -€36,494 | -95.3% |
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 20 October 2026 via checked.be.