LEMMENS TRACTOR: 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 TRACTOR
Largest movements
- Receivables within one year +€49,754
up €49,754 (+138%), from €35,982 to €85,736
of which Trade receivables: +€50,498
- Tangible fixed assets -€5,857
down €5,857 (-5.2%), from €111,906 to €106,049
of which Land and buildings: -€5,544
- Current investments -€4,998
down €4,998 (-11.1%), from €45,018 to €40,020
- Stocks and contracts +€3,225
up €3,225 (+4.2%), from €76,049 to €79,275
- Trade debts +€36,537
up €36,537 (+198%), from €18,423 to €54,960
- Profit (loss) carried forward +€15,721
new in 2025: €15,721
- Debts after one year -€6,512
down €6,512 (-7.2%), from €90,132 to €83,620
- Other debts -€5,700
down €5,700 (-6.6%), from €86,912 to €81,212
- Gross operating margin +€18,462
up €18,462 (+64.7%), from €28,523 to €46,984
- Staff costs -€15,999
down €15,999 (-43.9%), from €36,416 to €20,417
- Other operating charges -€6,723
down €6,723 (-74.6%), from €9,012 to €2,289
- Depreciation -€4,063
down €4,063 (-41.0%), from €9,920 to €5,857
- Financial charges -€2,599
down €2,599 (-47.2%), from €5,508 to €2,909
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 | €277,125 | €318,260 | +€41,135 | +14.8% |
| Fixed assets | 21/28 | €111,906 | €106,049 | -€5,857 | -5.2% |
| Tangible fixed assets | 22/27 | €111,906 | €106,049 | -€5,857 | -5.2% |
| Land and buildings | 22 | €110,445 | €104,901 | -€5,544 | -5.0% |
| Furniture and vehicles | 24 | €1,461 | €1,148 | -€313 | -21.4% |
| Current assets | 29/58 | €165,219 | €212,211 | +€46,992 | +28.4% |
| Stocks and contracts in progress | 3 | €76,049 | €79,275 | +€3,225 | +4.2% |
| Stocks | 30/36 | €76,049 | €79,275 | +€3,225 | +4.2% |
| Amounts receivable within one year | 40/41 | €35,982 | €85,736 | +€49,754 | +138% |
| Trade receivables | 40 | €35,156 | €85,654 | +€50,498 | +144% |
| Other amounts receivable | 41 | €826 | €82 | -€744 | -90.1% |
| Current investments | 50/53 | €45,018 | €40,020 | -€4,998 | -11.1% |
| Cash at bank and in hand | 54/58 | €5,379 | €4,296 | -€1,083 | -20.1% |
| Deferred charges and accrued income | 490/1 | €2,791 | €2,885 | +€94 | +3.4% |
| Total equity and liabilities | 10/49 | €277,125 | €318,260 | +€41,135 | +14.8% |
| Equity | 10/15 | €68,390 | €84,111 | +€15,721 | +23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,790 | €49,790 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,060 | €2,060 | = | 0.0% |
| Distributable reserves | 133 | €47,730 | €47,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €15,721 | +€15,721 | |
| Amounts payable | 17/49 | €208,735 | €234,149 | +€25,414 | +12.2% |
| Amounts payable after more than one year | 17 | €90,132 | €83,620 | -€6,512 | -7.2% |
| Financial debts | 170/4 | €90,132 | €83,620 | -€6,512 | -7.2% |
| Amounts payable within one year | 42/48 | €118,252 | €150,166 | +€31,915 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €6,322 | €6,512 | +€190 | +3.0% |
| Trade debts | 44 | €18,423 | €54,960 | +€36,537 | +198% |
| Suppliers | 440/4 | €18,423 | €54,960 | +€36,537 | +198% |
| Taxes, remuneration and social security | 45 | €6,594 | €7,482 | +€888 | +13.5% |
| Taxes | 450/3 | €3 | €2,042 | +€2,039 | +71,298% |
| Remuneration and social security | 454/9 | €6,591 | €5,440 | -€1,151 | -17.5% |
| Other amounts payable | 47/48 | €86,912 | €81,212 | -€5,700 | -6.6% |
| Accrued charges and deferred income | 492/3 | €351 | €362 | +€11 | +3.2% |
| Remuneration, social security and pensions | 62 | €36,416 | €20,417 | -€15,999 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,920 | €5,857 | -€4,063 | -41.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €74 | - | -€74 | |
| Other operating charges | 640/8 | €9,012 | €2,289 | -€6,723 | -74.6% |
| Non-recurring operating charges | 66A | €53 | €63 | +€10 | +19.1% |
| Gross operating margin | 9900 | €28,523 | €46,984 | +€18,462 | +64.7% |
| Operating profit (loss) | 9901 | -€26,953 | €18,358 | +€45,310 | |
| Financial income | 75/76B | €242 | €272 | +€30 | +12.6% |
| Recurring financial income | 75 | €242 | €272 | +€30 | +12.6% |
| Financial charges | 65/66B | €5,508 | €2,909 | -€2,599 | -47.2% |
| Recurring financial charges | 65 | €5,508 | €2,909 | -€2,599 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | -€32,219 | €15,721 | +€47,939 | |
| Profit (loss) for the period | 9904 | -€32,219 | €15,721 | +€47,939 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,219 | €15,721 | +€47,939 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.