LEMMENS A.: 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.
LEMMENS A.
Largest movements
- Tangible fixed assets +€168,480
up €168,480 (+30.1%), from €558,981 to €727,460
of which Plant, machinery and equipment: +€85,426
- Cash +€55,272
up €55,272 (+136%), from €40,661 to €95,932
mainly Depreciation (+€153,071) and Debts after one year (+€152,519)
- Receivables within one year +€24,494
up €24,494 (+29.2%), from €83,905 to €108,399
of which Trade receivables: +€26,844
- Debts after one year +€152,519
up €152,519 (+35.2%), from €433,427 to €585,946
- Trade debts +€42,618
up €42,618 (+85.4%), from €49,903 to €92,521
- Current portion of long-term debt +€33,004
up €33,004 (+24.9%), from €132,634 to €165,639
- Short-term financial debts -€25,000
down €25,000 (-100%), from €25,000 to €0
- Other debts +€20,748
up €20,748 (+158%), from €13,162 to €33,910
- Gross operating margin +€36,390
up €36,390 (+11.0%), from €332,171 to €368,561
- Depreciation +€16,968
up €16,968 (+12.5%), from €136,103 to €153,071
- Financial charges +€7,037
up €7,037 (+40.1%), from €17,544 to €24,581
- Other operating charges +€5,608
up €5,608 (+91.8%), from €6,109 to €11,717
- Staff costs +€4,547
up €4,547 (+2.9%), from €155,523 to €160,070
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 | €694,305 | €934,568 | +€240,263 | +34.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €558,981 | €727,460 | +€168,480 | +30.1% |
| Tangible fixed assets | 22/27 | €558,981 | €727,460 | +€168,480 | +30.1% |
| Plant, machinery and equipment | 23 | €418,209 | €503,635 | +€85,426 | +20.4% |
| Furniture and vehicles | 24 | €140,771 | €223,825 | +€83,053 | +59.0% |
| Current assets | 29/58 | €135,325 | €207,108 | +€71,784 | +53.0% |
| Stocks and contracts in progress | 3 | €3,178 | €545 | -€2,633 | -82.9% |
| Stocks | 30/36 | €3,178 | €545 | -€2,633 | -82.9% |
| Amounts receivable within one year | 40/41 | €83,905 | €108,399 | +€24,494 | +29.2% |
| Trade receivables | 40 | €81,555 | €108,399 | +€26,844 | +32.9% |
| Other amounts receivable | 41 | €2,350 | €0 | -€2,350 | -100% |
| Cash at bank and in hand | 54/58 | €40,661 | €95,932 | +€55,272 | +136% |
| Deferred charges and accrued income | 490/1 | €7,581 | €2,232 | -€5,349 | -70.6% |
| Total equity and liabilities | 10/49 | €694,305 | €934,568 | +€240,263 | +34.6% |
| Equity | 10/15 | €18,802 | €36,898 | +€18,096 | +96.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,802 | €31,898 | +€18,096 | +131% |
| Amounts payable | 17/49 | €675,503 | €897,670 | +€222,167 | +32.9% |
| Amounts payable after more than one year | 17 | €433,427 | €585,946 | +€152,519 | +35.2% |
| Financial debts | 170/4 | €433,427 | €585,946 | +€152,519 | +35.2% |
| Amounts payable within one year | 42/48 | €242,076 | €311,660 | +€69,584 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €132,634 | €165,639 | +€33,004 | +24.9% |
| Financial debts | 43 | €25,000 | €0 | -€25,000 | -100% |
| Credit institutions | 430/8 | €25,000 | €0 | -€25,000 | -100% |
| Trade debts | 44 | €49,903 | €92,521 | +€42,618 | +85.4% |
| Suppliers | 440/4 | €49,903 | €92,521 | +€42,618 | +85.4% |
| Taxes, remuneration and social security | 45 | €21,377 | €19,591 | -€1,786 | -8.4% |
| Taxes | 450/3 | €2,848 | €4,103 | +€1,255 | +44.0% |
| Remuneration and social security | 454/9 | €18,529 | €15,488 | -€3,041 | -16.4% |
| Other amounts payable | 47/48 | €13,162 | €33,910 | +€20,748 | +158% |
| Accrued charges and deferred income | 492/3 | €0 | €64 | +€64 | |
| Remuneration, social security and pensions | 62 | €155,523 | €160,070 | +€4,547 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136,103 | €153,071 | +€16,968 | +12.5% |
| Other operating charges | 640/8 | €6,109 | €11,717 | +€5,608 | +91.8% |
| Gross operating margin | 9900 | €332,171 | €368,561 | +€36,390 | +11.0% |
| Operating profit (loss) | 9901 | €34,436 | €43,703 | +€9,267 | +26.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €17,544 | €24,581 | +€7,037 | +40.1% |
| Recurring financial charges | 65 | €17,544 | €24,581 | +€7,037 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €16,892 | €19,122 | +€2,230 | +13.2% |
| Income taxes | 67/77 | €2,231 | €193 | -€2,038 | -91.4% |
| Profit (loss) for the period | 9904 | €14,661 | €18,929 | +€4,268 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,661 | €18,929 | +€4,268 | +29.1% |
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 18 October 2026 via checked.be.