LEMI: 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.
LEMI
Largest movements
- Tangible fixed assets +€697,139
up €697,139 (+3850.1%), from €18,107 to €715,246
of which Land and buildings: +€698,441
- Receivables within one year +€24,182
up €24,182 (+70.8%), from €34,167 to €58,349
- Debts after one year +€765,478
up €765,478 (+2677.3%), from €28,592 to €794,070
of which Financial debts: +€600,000
- Profit (loss) carried forward -€40,612
down €40,612 (-1113.0%), from -€3,649 to -€44,261
- Tax, wage and social debts -€12,248
down €12,248 (-37.3%), from €32,871 to €20,623
of which Taxes: -€9,165
- Staff costs +€21,252
up €21,252 (+49.0%), from €43,337 to €64,589
- Gross operating margin -€18,890
down €18,890 (-25.7%), from €73,491 to €54,601
- Depreciation +€13,907
up €13,907 (+261.0%), from €5,328 to €19,236
- Financial charges +€8,412
up €8,412 (+4083.5%), from €206 to €8,618
- Other operating charges +€1,687
up €1,687 (+155.5%), from €1,085 to €2,772
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 | €63,553 | €786,524 | +€722,971 | +1137.6% |
| Fixed assets | 21/28 | €22,050 | €717,858 | +€695,809 | +3155.6% |
| Intangible fixed assets | 21 | €3,943 | €2,613 | -€1,330 | -33.7% |
| Tangible fixed assets | 22/27 | €18,107 | €715,246 | +€697,139 | +3850.1% |
| Land and buildings | 22 | - | €698,441 | +€698,441 | |
| Plant, machinery and equipment | 23 | - | €3,698 | +€3,698 | |
| Furniture and vehicles | 24 | €4,679 | €2,786 | -€1,893 | -40.5% |
| Leasing and similar rights | 25 | €13,428 | €10,321 | -€3,107 | -23.1% |
| Current assets | 29/58 | €41,504 | €68,666 | +€27,162 | +65.4% |
| Amounts receivable within one year | 40/41 | €34,167 | €58,349 | +€24,182 | +70.8% |
| Trade receivables | 40 | €34,167 | €58,349 | +€24,182 | +70.8% |
| Cash at bank and in hand | 54/58 | €7,337 | €9,267 | +€1,930 | +26.3% |
| Deferred charges and accrued income | 490/1 | - | €1,050 | +€1,050 | |
| Total equity and liabilities | 10/49 | €63,553 | €786,524 | +€722,971 | +1137.6% |
| Equity | 10/15 | €1,351 | -€39,261 | -€40,612 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,649 | -€44,261 | -€40,612 | -1113.0% |
| Amounts payable | 17/49 | €62,202 | €825,785 | +€763,583 | +1227.6% |
| Amounts payable after more than one year | 17 | €28,592 | €794,070 | +€765,478 | +2677.3% |
| Financial debts | 170/4 | - | €600,000 | +€600,000 | |
| Other amounts payable | 178/9 | €28,592 | €194,070 | +€165,478 | +578.8% |
| Amounts payable within one year | 42/48 | €33,610 | €29,216 | -€4,395 | -13.1% |
| Trade debts | 44 | €739 | €8,593 | +€7,853 | +1062.0% |
| Suppliers | 440/4 | €739 | €8,593 | +€7,853 | +1062.0% |
| Taxes, remuneration and social security | 45 | €32,871 | €20,623 | -€12,248 | -37.3% |
| Taxes | 450/3 | €15,941 | €6,776 | -€9,165 | -57.5% |
| Remuneration and social security | 454/9 | €16,930 | €13,847 | -€3,083 | -18.2% |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Remuneration, social security and pensions | 62 | €43,337 | €64,589 | +€21,252 | +49.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,328 | €19,236 | +€13,907 | +261.0% |
| Other operating charges | 640/8 | €1,085 | €2,772 | +€1,687 | +155.5% |
| Gross operating margin | 9900 | €73,491 | €54,601 | -€18,890 | -25.7% |
| Operating profit (loss) | 9901 | €23,741 | -€31,995 | -€55,735 | |
| Financial income | 75/76B | €62 | - | -€62 | |
| Recurring financial income | 75 | €62 | - | -€62 | |
| Financial charges | 65/66B | €206 | €8,618 | +€8,412 | +4083.5% |
| Recurring financial charges | 65 | €206 | €8,618 | +€8,412 | +4083.5% |
| Profit (loss) for the period before taxes | 9903 | €23,597 | -€40,612 | -€64,209 | |
| Profit (loss) for the period | 9904 | €23,597 | -€40,612 | -€64,209 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,597 | -€40,612 | -€64,209 |
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 11 October 2026 via checked.be.