LEMMENS ADRIEN: 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 ADRIEN
Largest movements
- Receivables within one year -€34,588
down €34,588 (-71.2%), from €48,601 to €14,013
of which Trade receivables: -€39,833
- Cash -€28,456
down €28,456 (-98.7%), from €28,823 to €367
mainly Investment in fixed assets (net) (-€27,687) and Trade debts (-€15,786)
- Stocks and contracts -€6,501
down €6,501 (-92.9%), from €7,001 to €500
- Tangible fixed assets +€5,891
up €5,891 (+6.3%), from €92,966 to €98,857
of which Furniture and vehicles: +€8,141
- Trade debts -€15,786
down €15,786 (-52.6%), from €29,993 to €14,207
- Profit (loss) carried forward -€14,472
new in 2025: -€14,472
- Debts after one year -€13,994
down €13,994 (-61.6%), from €22,716 to €8,722
- Tax, wage and social debts -€8,523
down €8,523 (-60.4%), from €14,107 to €5,584
of which Remuneration and social security: -€6,304
- Other debts -€6,870
down €6,870 (-93.3%), from €7,363 to €492
- Gross operating margin -€31,119
down €31,119 (-13.5%), from €230,767 to €199,648
- Staff costs -€5,638
down €5,638 (-2.9%), from €193,861 to €188,223
- Taxes -€4,945
down €4,945 (-93.7%), from €5,275 to €331
- Depreciation +€3,993
up €3,993 (+22.4%), from €17,803 to €21,796
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 | €178,440 | €113,871 | -€64,570 | -36.2% |
| Fixed assets | 21/28 | €92,966 | €98,857 | +€5,891 | +6.3% |
| Tangible fixed assets | 22/27 | €92,966 | €98,857 | +€5,891 | +6.3% |
| Land and buildings | 22 | €63,328 | €59,303 | -€4,025 | -6.4% |
| Plant, machinery and equipment | 23 | - | €2,484 | +€2,484 | |
| Furniture and vehicles | 24 | €28,644 | €36,784 | +€8,141 | +28.4% |
| Other tangible fixed assets | 26 | €994 | €285 | -€709 | -71.4% |
| Current assets | 29/58 | €85,475 | €15,014 | -€70,461 | -82.4% |
| Stocks and contracts in progress | 3 | €7,001 | €500 | -€6,501 | -92.9% |
| Stocks | 30/36 | €7,001 | €500 | -€6,501 | -92.9% |
| Amounts receivable within one year | 40/41 | €48,601 | €14,013 | -€34,588 | -71.2% |
| Trade receivables | 40 | €42,189 | €2,356 | -€39,833 | -94.4% |
| Other amounts receivable | 41 | €6,411 | €11,656 | +€5,245 | +81.8% |
| Cash at bank and in hand | 54/58 | €28,823 | €367 | -€28,456 | -98.7% |
| Deferred charges and accrued income | 490/1 | €1,051 | €134 | -€916 | -87.2% |
| Total equity and liabilities | 10/49 | €178,440 | €113,871 | -€64,570 | -36.2% |
| Equity | 10/15 | €85,343 | €70,871 | -€14,472 | -17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,743 | €66,743 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €64,883 | €64,883 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€14,472 | -€14,472 | |
| Amounts payable | 17/49 | €93,097 | €43,000 | -€50,097 | -53.8% |
| Amounts payable after more than one year | 17 | €22,716 | €8,722 | -€13,994 | -61.6% |
| Financial debts | 170/4 | €22,716 | €8,722 | -€13,994 | -61.6% |
| Amounts payable within one year | 42/48 | €70,381 | €34,278 | -€36,103 | -51.3% |
| Current portion of amounts payable after more than one year | 42 | €18,918 | €13,994 | -€4,923 | -26.0% |
| Trade debts | 44 | €29,993 | €14,207 | -€15,786 | -52.6% |
| Suppliers | 440/4 | €29,993 | €14,207 | -€15,786 | -52.6% |
| Taxes, remuneration and social security | 45 | €14,107 | €5,584 | -€8,523 | -60.4% |
| Taxes | 450/3 | €5,307 | €3,087 | -€2,220 | -41.8% |
| Remuneration and social security | 454/9 | €8,801 | €2,497 | -€6,304 | -71.6% |
| Other amounts payable | 47/48 | €7,363 | €492 | -€6,870 | -93.3% |
| Non-recurring operating income | 76A | - | €4,298 | +€4,298 | |
| Remuneration, social security and pensions | 62 | €193,861 | €188,223 | -€5,638 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,803 | €21,796 | +€3,993 | +22.4% |
| Other operating charges | 640/8 | €2,878 | €2,687 | -€191 | -6.6% |
| Non-recurring operating charges | 66A | €276 | €106 | -€170 | -61.6% |
| Gross operating margin | 9900 | €230,767 | €199,648 | -€31,119 | -13.5% |
| Operating profit (loss) | 9901 | €15,949 | -€13,164 | -€29,113 | |
| Financial income | 75/76B | €293 | €68 | -€226 | -77.0% |
| Recurring financial income | 75 | €293 | €68 | -€226 | -77.0% |
| Financial charges | 65/66B | €1,395 | €1,045 | -€350 | -25.1% |
| Recurring financial charges | 65 | €1,395 | €1,045 | -€350 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €14,847 | -€14,142 | -€28,988 | |
| Income taxes | 67/77 | €5,275 | €331 | -€4,945 | -93.7% |
| Profit (loss) for the period | 9904 | €9,571 | -€14,472 | -€24,044 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,571 | -€14,472 | -€24,044 |
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 29 October 2026 via checked.be.