LEMO: 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.
LEMO
Largest movements
- Cash +€8,123
up €8,123 (+15.0%), from €54,117 to €62,240
mainly Net result for the year (+€6,941) and Depreciation (+€1,649)
- Tangible fixed assets -€1,649
down €1,649 (-2.9%), from €56,876 to €55,227
of which Plant, machinery and equipment: -€1,450
- Profit (loss) carried forward +€6,941
up €6,941, from -€1,607 to €5,334
- Depreciation -€2,194
down €2,194 (-57.1%), from €3,843 to €1,649
- Gross operating margin +€401
up €401 (+4.0%), from €10,058 to €10,458
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 | €110,993 | €117,467 | +€6,474 | +5.8% |
| Fixed assets | 21/28 | €56,876 | €55,227 | -€1,649 | -2.9% |
| Tangible fixed assets | 22/27 | €56,876 | €55,227 | -€1,649 | -2.9% |
| Land and buildings | 22 | €51,178 | €51,178 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,270 | €3,820 | -€1,450 | -27.5% |
| Furniture and vehicles | 24 | €429 | €230 | -€199 | -46.4% |
| Current assets | 29/58 | €54,117 | €62,240 | +€8,123 | +15.0% |
| Cash at bank and in hand | 54/58 | €54,117 | €62,240 | +€8,123 | +15.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €110,993 | €117,467 | +€6,474 | +5.8% |
| Equity | 10/15 | €41,993 | €48,934 | +€6,941 | +16.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,607 | €5,334 | +€6,941 | |
| Amounts payable | 17/49 | €69,000 | €68,533 | -€467 | -0.7% |
| Amounts payable after more than one year | 17 | €18,600 | €18,600 | = | 0.0% |
| Financial debts | 170/4 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,325 | €48,383 | +€58 | +0.1% |
| Trade debts | 44 | €3,325 | €3,383 | +€58 | +1.7% |
| Suppliers | 440/4 | €3,325 | €3,383 | +€58 | +1.7% |
| Other amounts payable | 47/48 | €45,000 | €45,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,075 | €1,550 | -€525 | -25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,843 | €1,649 | -€2,194 | -57.1% |
| Other operating charges | 640/8 | €1,773 | €1,827 | +€54 | +3.0% |
| Gross operating margin | 9900 | €10,058 | €10,458 | +€401 | +4.0% |
| Operating profit (loss) | 9901 | €4,442 | €6,983 | +€2,541 | +57.2% |
| Financial income | 75/76B | €0 | €3 | +€3 | +1626.3% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +1626.3% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €4,397 | €6,941 | +€2,544 | +57.9% |
| Profit (loss) for the period | 9904 | €4,397 | €6,941 | +€2,544 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,397 | €6,941 | +€2,544 | +57.9% |
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 5 October 2026 via checked.be.