LEMMENS: 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.
What changed
LEMMENS
NACE 47.761, Retail sale of flowers, plants, seeds and fertilisers
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€55,950
2023 · -€18,720-€37,231
Equity
€159,851
2023 · €215,802-€55,950
Cash
€6,661
2023 · €8,223-€1,562
Balance sheet total
€447,075
2023 · €475,432-€28,357
Largest movements
Assets
- Stocks and contracts -€59,684
down €59,684 (-27.4%), from €217,682 to €157,998
- Receivables within one year +€20,362
up €20,362 (+77.7%), from €26,196 to €46,558
of which Trade receivables: +€11,393
- Tangible fixed assets +€9,737
up €9,737 (+4.7%), from €205,832 to €215,569
of which Furniture and vehicles: +€35,654
Equity and liabilities
- Profit (loss) carried forward -€55,950
down €55,950 (-290%), from -€19,303 to -€75,253
- Debts after one year +€13,001
up €13,001 (+34.3%), from €37,932 to €50,933
- Trade debts +€10,500
up €10,500 (+7.7%), from €135,679 to €146,179
- Current portion of long-term debt +€5,622
up €5,622 (+43.2%), from €13,020 to €18,642
Income statement
- Gross operating margin -€29,273
down €29,273 (-20.9%), from €139,881 to €110,608
- Depreciation +€5,953
up €5,953 (+16.0%), from €37,310 to €43,263
- Other operating charges +€2,058
up €2,058 (+29.3%), from €7,028 to €9,085
From the 2023 result to the 2024 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.
Result 2023
-€18,720
Gross operating margin
-€29,273
Staff costs
+€231
Depreciation
-€5,953
Write-downs
+€267
Other operating charges
-€2,058
Financial income
+€463
Financial charges
-€903
Taxes
-€5
Result 2024
-€55,950
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€37,189
Investment
-€53,000
Financing
+€14,249
Cash 2023
€8,223
From operations (derived)
+€37,189
Net result for the year
-€55,950
Depreciation
+€43,263
Stocks and contracts
+€59,684
Receivables within one year
-€20,362
Deferred charges and accrued income
-€2,790
Trade debts
+€10,500
Tax, wage and social debts
+€1,194
Advances received
-€290
Other debts
+€1,917
Accrued charges and deferred income
+€23
Investment (derived)
-€53,000
Investment in fixed assets (net)
-€53,000
Financing
+€14,249
Debts after one year
+€13,001
Current portion of long-term debt
+€5,622
Short-term financial debts
-€4,374
Cash 2024
€6,661
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €475,432 | €447,075 | -€28,357 | -6.0% |
| Fixed assets | 21/28 | €206,746 | €216,483 | +€9,737 | +4.7% |
| Tangible fixed assets | 22/27 | €205,832 | €215,569 | +€9,737 | +4.7% |
| Land and buildings | 22 | €121,826 | €107,566 | -€14,260 | -11.7% |
| Plant, machinery and equipment | 23 | €40,887 | €32,633 | -€8,255 | -20.2% |
| Furniture and vehicles | 24 | €18,332 | €53,986 | +€35,654 | +194% |
| Other tangible fixed assets | 26 | €24,786 | €21,384 | -€3,402 | -13.7% |
| Financial fixed assets | 28 | €914 | €914 | = | 0.0% |
| Current assets | 29/58 | €268,687 | €230,593 | -€38,094 | -14.2% |
| Stocks and contracts in progress | 3 | €217,682 | €157,998 | -€59,684 | -27.4% |
| Stocks | 30/36 | €217,682 | €157,998 | -€59,684 | -27.4% |
| Amounts receivable within one year | 40/41 | €26,196 | €46,558 | +€20,362 | +77.7% |
| Trade receivables | 40 | €21,822 | €33,214 | +€11,393 | +52.2% |
| Other amounts receivable | 41 | €4,374 | €13,343 | +€8,969 | +205% |
| Cash at bank and in hand | 54/58 | €8,223 | €6,661 | -€1,562 | -19.0% |
| Deferred charges and accrued income | 490/1 | €16,586 | €19,376 | +€2,790 | +16.8% |
| Total equity and liabilities | 10/49 | €475,432 | €447,075 | -€28,357 | -6.0% |
| Equity | 10/15 | €215,802 | €159,851 | -€55,950 | -25.9% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €85,104 | €85,104 | = | 0.0% |
| Distributable reserves | 133 | €85,104 | €85,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,303 | -€75,253 | -€55,950 | -290% |
| Amounts payable | 17/49 | €259,631 | €287,224 | +€27,593 | +10.6% |
| Amounts payable after more than one year | 17 | €37,932 | €50,933 | +€13,001 | +34.3% |
| Financial debts | 170/4 | €37,932 | €50,933 | +€13,001 | +34.3% |
| Amounts payable within one year | 42/48 | €218,484 | €233,053 | +€14,569 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €13,020 | €18,642 | +€5,622 | +43.2% |
| Financial debts | 43 | €6,252 | €1,878 | -€4,374 | -70.0% |
| Credit institutions | 430/8 | €6,252 | €1,878 | -€4,374 | -70.0% |
| Trade debts | 44 | €135,679 | €146,179 | +€10,500 | +7.7% |
| Suppliers | 440/4 | €135,679 | €146,179 | +€10,500 | +7.7% |
| Advances received on contracts in progress | 46 | €290 | - | -€290 | |
| Taxes, remuneration and social security | 45 | €23,078 | €24,273 | +€1,194 | +5.2% |
| Taxes | 450/3 | €2,210 | €3,180 | +€970 | +43.9% |
| Remuneration and social security | 454/9 | €20,869 | €21,092 | +€224 | +1.1% |
| Other amounts payable | 47/48 | €40,164 | €42,081 | +€1,917 | +4.8% |
| Accrued charges and deferred income | 492/3 | €3,215 | €3,238 | +€23 | +0.7% |
| Non-recurring operating income | 76A | - | €13,000 | +€13,000 | |
| Remuneration, social security and pensions | 62 | €108,634 | €108,403 | -€231 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,310 | €43,263 | +€5,953 | +16.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €267 | - | -€267 | |
| Other operating charges | 640/8 | €7,028 | €9,085 | +€2,058 | +29.3% |
| Gross operating margin | 9900 | €139,881 | €110,608 | -€29,273 | -20.9% |
| Operating profit (loss) | 9901 | -€13,358 | -€50,143 | -€36,785 | -275% |
| Financial income | 75/76B | €762 | €1,224 | +€463 | +60.7% |
| Recurring financial income | 75 | €762 | €1,224 | +€463 | +60.7% |
| Financial charges | 65/66B | €6,024 | €6,927 | +€903 | +15.0% |
| Recurring financial charges | 65 | €6,024 | €6,927 | +€903 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,620 | -€55,846 | -€37,226 | -200% |
| Income taxes | 67/77 | €99 | €104 | +€5 | +5.0% |
| Profit (loss) for the period | 9904 | -€18,720 | -€55,950 | -€37,231 | -199% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,720 | -€55,950 | -€37,231 | -199% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.