LEMIRE STEVEN: 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.
LEMIRE STEVEN
Largest movements
- Receivables within one year +€28,906
up €28,906 (+56.6%), from €51,041 to €79,947
of which Other amounts receivable: +€33,754
- Stocks and contracts -€18,038
down €18,038 (-100%), from €18,038 to €0
- Deferred charges and accrued income -€9,952
down €9,952 (-83.2%), from €11,967 to €2,015
- Tangible fixed assets -€6,057
down €6,057 (-16.6%), from €36,594 to €30,537
of which Land and buildings: -€7,000
- Cash -€3,337
down €3,337 (-39.9%), from €8,361 to €5,024
mainly Receivables within one year (-€28,906) and Tax, wage and social debts (-€13,442)
- Other debts +€15,476
up €15,476 (+876%), from €1,766 to €17,242
- Tax, wage and social debts -€13,442
down €13,442 (-97.5%), from €13,780 to €339
of which Remuneration and social security: -€9,764
- Profit (loss) carried forward -€10,983
down €10,983 (-14.0%), from €78,240 to €67,257
- Short-term financial debts +€8,329
new in 2025: €8,329
- Trade debts -€7,858
down €7,858 (-48.0%), from €16,354 to €8,496
- Gross operating margin -€26,557
down €26,557 (-56.7%), from €46,824 to €20,267
- Staff costs -€19,261
down €19,261 (-57.1%), from €33,736 to €14,475
- Financial charges +€1,655
up €1,655 (+189%), from €874 to €2,529
- Depreciation -€828
down €828 (-6.0%), from €13,685 to €12,857
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 | €126,000 | €117,523 | -€8,477 | -6.7% |
| Fixed assets | 21/28 | €36,594 | €30,537 | -€6,057 | -16.6% |
| Tangible fixed assets | 22/27 | €36,594 | €30,537 | -€6,057 | -16.6% |
| Land and buildings | 22 | €17,500 | €10,500 | -€7,000 | -40.0% |
| Plant, machinery and equipment | 23 | €16,103 | €20,037 | +€3,934 | +24.4% |
| Furniture and vehicles | 24 | €2,991 | €0 | -€2,991 | -100% |
| Current assets | 29/58 | €89,406 | €86,986 | -€2,420 | -2.7% |
| Stocks and contracts in progress | 3 | €18,038 | €0 | -€18,038 | -100% |
| Stocks | 30/36 | €18,038 | €0 | -€18,038 | -100% |
| Amounts receivable within one year | 40/41 | €51,041 | €79,947 | +€28,906 | +56.6% |
| Trade receivables | 40 | €45,704 | €40,855 | -€4,848 | -10.6% |
| Other amounts receivable | 41 | €5,337 | €39,091 | +€33,754 | +632% |
| Cash at bank and in hand | 54/58 | €8,361 | €5,024 | -€3,337 | -39.9% |
| Deferred charges and accrued income | 490/1 | €11,967 | €2,015 | -€9,952 | -83.2% |
| Total equity and liabilities | 10/49 | €126,000 | €117,523 | -€8,477 | -6.7% |
| Equity | 10/15 | €94,100 | €83,117 | -€10,983 | -11.7% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,240 | €67,257 | -€10,983 | -14.0% |
| Amounts payable | 17/49 | €31,900 | €34,406 | +€2,506 | +7.9% |
| Amounts payable within one year | 42/48 | €31,900 | €34,406 | +€2,506 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €8,329 | +€8,329 | |
| Credit institutions | 430/8 | - | €8,329 | +€8,329 | |
| Trade debts | 44 | €16,354 | €8,496 | -€7,858 | -48.0% |
| Suppliers | 440/4 | €16,354 | €8,496 | -€7,858 | -48.0% |
| Taxes, remuneration and social security | 45 | €13,780 | €339 | -€13,442 | -97.5% |
| Taxes | 450/3 | €4,017 | €339 | -€3,678 | -91.6% |
| Remuneration and social security | 454/9 | €9,764 | €0 | -€9,764 | -100% |
| Other amounts payable | 47/48 | €1,766 | €17,242 | +€15,476 | +876% |
| Non-recurring operating income | 76A | - | €30,890 | +€30,890 | |
| Remuneration, social security and pensions | 62 | €33,736 | €14,475 | -€19,261 | -57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,685 | €12,857 | -€828 | -6.0% |
| Other operating charges | 640/8 | €2,427 | €2,461 | +€34 | +1.4% |
| Gross operating margin | 9900 | €46,824 | €20,267 | -€26,557 | -56.7% |
| Operating profit (loss) | 9901 | -€3,023 | -€9,525 | -€6,502 | -215% |
| Financial income | 75/76B | €1,308 | €1,072 | -€236 | -18.1% |
| Recurring financial income | 75 | €1,308 | €1,072 | -€236 | -18.1% |
| Financial charges | 65/66B | €874 | €2,529 | +€1,655 | +189% |
| Recurring financial charges | 65 | €874 | €2,529 | +€1,655 | +189% |
| Profit (loss) for the period before taxes | 9903 | -€2,589 | -€10,983 | -€8,394 | -324% |
| Income taxes | 67/77 | €17 | €0 | -€17 | -100% |
| Profit (loss) for the period | 9904 | -€2,606 | -€10,983 | -€8,377 | -321% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,606 | -€10,983 | -€8,377 | -321% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.