LEMIT EUROPE: 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.
LEMIT EUROPE
Largest movements
- Tangible fixed assets +€17,156
up €17,156 (+1,187%), from €1,446 to €18,602
of which Furniture and vehicles: +€17,875
- Receivables within one year +€15,270
up €15,270 (+69.7%), from €21,908 to €37,178
of which Trade receivables: +€17,255
- Cash -€4,330
down €4,330 (-44.9%), from €9,638 to €5,308
mainly Other debts (-€28,785) and Investment in fixed assets (net) (-€19,600)
- Profit (loss) carried forward +€35,469
up €35,469 (+12.1%), from -€292,909 to -€257,440
- Other debts -€28,785
down €28,785 (-11.7%), from €246,302 to €217,517
- Debts after one year +€11,687
new in 2025: €11,687
- Current portion of long-term debt +€4,250
new in 2025: €4,250
- Trade debts +€4,183
up €4,183 (+116%), from €3,621 to €7,804
- Staff costs +€32,147
up €32,147 (+178%), from €18,027 to €50,173
- Gross operating margin +€16,453
up €16,453 (+22.5%), from €72,987 to €89,441
- Depreciation +€1,614
up €1,614 (+195%), from €830 to €2,444
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 | €35,091 | €63,188 | +€28,097 | +80.1% |
| Fixed assets | 21/28 | €3,546 | €20,702 | +€17,156 | +484% |
| Tangible fixed assets | 22/27 | €1,446 | €18,602 | +€17,156 | +1,187% |
| Furniture and vehicles | 24 | €726 | €18,602 | +€17,875 | +2,461% |
| Other tangible fixed assets | 26 | €719 | - | -€719 | |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €31,546 | €42,486 | +€10,941 | +34.7% |
| Amounts receivable within one year | 40/41 | €21,908 | €37,178 | +€15,270 | +69.7% |
| Trade receivables | 40 | €19,845 | €37,099 | +€17,255 | +86.9% |
| Other amounts receivable | 41 | €2,063 | €79 | -€1,984 | -96.2% |
| Cash at bank and in hand | 54/58 | €9,638 | €5,308 | -€4,330 | -44.9% |
| Total equity and liabilities | 10/49 | €35,091 | €63,188 | +€28,097 | +80.1% |
| Equity | 10/15 | -€222,909 | -€187,440 | +€35,469 | +15.9% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€292,909 | -€257,440 | +€35,469 | +12.1% |
| Amounts payable | 17/49 | €258,000 | €250,628 | -€7,372 | -2.9% |
| Amounts payable after more than one year | 17 | - | €11,687 | +€11,687 | |
| Financial debts | 170/4 | - | €11,687 | +€11,687 | |
| Amounts payable within one year | 42/48 | €258,000 | €238,941 | -€19,060 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,250 | +€4,250 | |
| Trade debts | 44 | €3,621 | €7,804 | +€4,183 | +116% |
| Suppliers | 440/4 | €3,621 | €7,804 | +€4,183 | +116% |
| Taxes, remuneration and social security | 45 | €8,078 | €9,370 | +€1,292 | +16.0% |
| Taxes | 450/3 | €2,785 | €3,108 | +€323 | +11.6% |
| Remuneration and social security | 454/9 | €5,293 | €6,262 | +€970 | +18.3% |
| Other amounts payable | 47/48 | €246,302 | €217,517 | -€28,785 | -11.7% |
| Remuneration, social security and pensions | 62 | €18,027 | €50,173 | +€32,147 | +178% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €830 | €2,444 | +€1,614 | +195% |
| Other operating charges | 640/8 | €428 | €797 | +€368 | +86.0% |
| Gross operating margin | 9900 | €72,987 | €89,441 | +€16,453 | +22.5% |
| Operating profit (loss) | 9901 | €53,703 | €36,027 | -€17,676 | -32.9% |
| Financial charges | 65/66B | €803 | €558 | -€245 | -30.5% |
| Recurring financial charges | 65 | €803 | €558 | -€245 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €52,900 | €35,469 | -€17,431 | -33.0% |
| Profit (loss) for the period | 9904 | €52,900 | €35,469 | -€17,431 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,900 | €35,469 | -€17,431 | -33.0% |
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 23 October 2026 via checked.be.