LEMIA: 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.
LEMIA
Largest movements
- Current investments +€48,581
new in 2025: €48,581
- Cash -€36,974
down €36,974 (-28.8%), from €128,317 to €91,343
mainly Contributions, distributions and other (-€213,626) and Current investments (-€48,581)
- Receivables within one year +€27,680
up €27,680 (+55.5%), from €49,898 to €77,578
of which Other amounts receivable: +€15,683
- Intangible fixed assets -€3,346
down €3,346 (-53.4%), from €6,263 to €2,917
- Other debts +€213,626
new in 2025: €213,626
- Profit (loss) carried forward -€167,762
no longer reported in 2025 (was €167,762)
- Tax, wage and social debts -€11,330
down €11,330 (-53.8%), from €21,069 to €9,738
- Gross operating margin -€6,562
down €6,562 (-9.6%), from €68,343 to €61,781
- Financial charges +€1,444
up €1,444 (+1982.3%), from €73 to €1,517
- Financial income +€820
up €820 (+41.2%), from €1,992 to €2,812
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 | €194,387 | €229,572 | +€35,185 | +18.1% |
| Fixed assets | 21/28 | €15,378 | €9,979 | -€5,399 | -35.1% |
| Intangible fixed assets | 21 | €6,263 | €2,917 | -€3,346 | -53.4% |
| Tangible fixed assets | 22/27 | €8,915 | €6,862 | -€2,053 | -23.0% |
| Furniture and vehicles | 24 | €8,915 | €6,862 | -€2,053 | -23.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €179,009 | €219,593 | +€40,584 | +22.7% |
| Amounts receivable within one year | 40/41 | €49,898 | €77,578 | +€27,680 | +55.5% |
| Trade receivables | 40 | - | €11,997 | +€11,997 | |
| Other amounts receivable | 41 | €49,898 | €65,581 | +€15,683 | +31.4% |
| Current investments | 50/53 | - | €48,581 | +€48,581 | |
| Cash at bank and in hand | 54/58 | €128,317 | €91,343 | -€36,974 | -28.8% |
| Deferred charges and accrued income | 490/1 | €793 | €2,090 | +€1,297 | +163.4% |
| Total equity and liabilities | 10/49 | €194,387 | €229,572 | +€35,185 | +18.1% |
| Equity | 10/15 | €171,762 | €4,000 | -€167,762 | -97.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,762 | - | -€167,762 | |
| Amounts payable | 17/49 | €22,625 | €225,572 | +€202,947 | +897.0% |
| Amounts payable within one year | 42/48 | €22,625 | €225,572 | +€202,947 | +897.0% |
| Financial debts | 43 | €450 | €99 | -€351 | -78.0% |
| Credit institutions | 430/8 | €450 | €99 | -€351 | -78.0% |
| Trade debts | 44 | €1,106 | €2,108 | +€1,002 | +90.6% |
| Suppliers | 440/4 | €1,106 | €2,108 | +€1,002 | +90.6% |
| Taxes, remuneration and social security | 45 | €21,069 | €9,738 | -€11,330 | -53.8% |
| Taxes | 450/3 | €21,069 | €9,738 | -€11,330 | -53.8% |
| Other amounts payable | 47/48 | - | €213,626 | +€213,626 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,836 | €5,399 | +€563 | +11.6% |
| Gross operating margin | 9900 | €68,343 | €61,781 | -€6,562 | -9.6% |
| Operating profit (loss) | 9901 | €63,507 | €56,382 | -€7,125 | -11.2% |
| Financial income | 75/76B | €1,992 | €2,812 | +€820 | +41.2% |
| Recurring financial income | 75 | €1,992 | €2,812 | +€820 | +41.2% |
| Financial charges | 65/66B | €73 | €1,517 | +€1,444 | +1982.3% |
| Recurring financial charges | 65 | €73 | €1,517 | +€1,444 | +1982.3% |
| Profit (loss) for the period before taxes | 9903 | €65,426 | €57,677 | -€7,749 | -11.8% |
| Income taxes | 67/77 | €12,248 | €11,814 | -€434 | -3.5% |
| Profit (loss) for the period | 9904 | €53,178 | €45,864 | -€7,315 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,178 | €45,864 | -€7,315 | -13.8% |
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 4 October 2026 via checked.be.