LEMMACO: 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.
LEMMACO
Largest movements
- Cash +€186,438
up €186,438 (+3451.2%), from €5,402 to €191,840
mainly Net result for the year (+€367,313) and Current investments (+€185,062)
- Current investments -€185,062
down €185,062 (-52.9%), from €350,060 to €164,998
- Receivables within one year +€133,448
up €133,448 (+35.7%), from €374,248 to €507,696
of which Other amounts receivable: +€68,258
- Tangible fixed assets +€59,971
up €59,971 (+120.3%), from €49,872 to €109,842
of which Furniture and vehicles: +€58,707
- Reserves +€132,019
up €132,019 (+19.3%), from €684,666 to €816,685
- Other debts +€95,080
up €95,080 (+1690.1%), from €5,626 to €100,706
- Tax, wage and social debts -€84,009
down €84,009 (-94.3%), from €89,116 to €5,107
of which Taxes: -€89,116
- Debts after one year +€33,276
new in 2025: €33,276
- Current portion of long-term debt +€24,039
new in 2025: €24,039
- Gross operating margin +€46,674
up €46,674 (+9.7%), from €479,789 to €526,462
- Taxes +€13,550
up €13,550 (+11.9%), from €113,555 to €127,105
- Depreciation +€11,559
up €11,559 (+87.7%), from €13,186 to €24,745
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 | €783,178 | €983,343 | +€200,165 | +25.6% |
| Fixed assets | 21/28 | €49,872 | €109,842 | +€59,971 | +120.3% |
| Tangible fixed assets | 22/27 | €49,872 | €109,842 | +€59,971 | +120.3% |
| Plant, machinery and equipment | 23 | €2,142 | €5,113 | +€2,971 | +138.7% |
| Furniture and vehicles | 24 | €30,029 | €88,737 | +€58,707 | +195.5% |
| Other tangible fixed assets | 26 | €17,701 | €15,993 | -€1,707 | -9.6% |
| Current assets | 29/58 | €733,306 | €873,500 | +€140,194 | +19.1% |
| Amounts receivable within one year | 40/41 | €374,248 | €507,696 | +€133,448 | +35.7% |
| Trade receivables | 40 | €373,230 | €438,421 | +€65,190 | +17.5% |
| Other amounts receivable | 41 | €1,018 | €69,276 | +€68,258 | +6706.0% |
| Current investments | 50/53 | €350,060 | €164,998 | -€185,062 | -52.9% |
| Cash at bank and in hand | 54/58 | €5,402 | €191,840 | +€186,438 | +3451.2% |
| Deferred charges and accrued income | 490/1 | €3,596 | €8,966 | +€5,370 | +149.3% |
| Total equity and liabilities | 10/49 | €783,178 | €983,343 | +€200,165 | +25.6% |
| Equity | 10/15 | €687,666 | €819,685 | +€132,019 | +19.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €684,666 | €816,685 | +€132,019 | +19.3% |
| Distributable reserves | 133 | €684,666 | €816,685 | +€132,019 | +19.3% |
| Amounts payable | 17/49 | €95,512 | €163,658 | +€68,147 | +71.3% |
| Amounts payable after more than one year | 17 | - | €33,276 | +€33,276 | |
| Financial debts | 170/4 | - | €33,276 | +€33,276 | |
| Amounts payable within one year | 42/48 | €95,512 | €130,382 | +€34,870 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | - | €24,039 | +€24,039 | |
| Trade debts | 44 | €770 | €529 | -€241 | -31.3% |
| Suppliers | 440/4 | €770 | €529 | -€241 | -31.3% |
| Taxes, remuneration and social security | 45 | €89,116 | €5,107 | -€84,009 | -94.3% |
| Taxes | 450/3 | €89,116 | - | -€89,116 | |
| Remuneration and social security | 454/9 | - | €5,107 | +€5,107 | |
| Other amounts payable | 47/48 | €5,626 | €100,706 | +€95,080 | +1690.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,186 | €24,745 | +€11,559 | +87.7% |
| Other operating charges | 640/8 | €1,023 | €6,153 | +€5,130 | +501.4% |
| Gross operating margin | 9900 | €479,789 | €526,462 | +€46,674 | +9.7% |
| Operating profit (loss) | 9901 | €465,579 | €495,564 | +€29,985 | +6.4% |
| Financial income | 75/76B | €1,915 | €1,200 | -€715 | -37.3% |
| Recurring financial income | 75 | €1,915 | €1,200 | -€715 | -37.3% |
| Financial charges | 65/66B | €1,099 | €2,347 | +€1,248 | +113.5% |
| Recurring financial charges | 65 | €1,099 | €2,347 | +€1,248 | +113.5% |
| Profit (loss) for the period before taxes | 9903 | €466,396 | €494,417 | +€28,022 | +6.0% |
| Income taxes | 67/77 | €113,555 | €127,105 | +€13,550 | +11.9% |
| Profit (loss) for the period | 9904 | €352,841 | €367,313 | +€14,472 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €352,841 | €367,313 | +€14,472 | +4.1% |
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 2 October 2026 via checked.be.