LEMO INVEST: 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.
LEMO INVEST
Largest movements
- Tangible fixed assets -€34,998
down €34,998 (-21.9%), from €159,546 to €124,548
of which Land and buildings: -€30,635
- Cash +€15,442
up €15,442 (+220%), from €7,027 to €22,468
mainly Depreciation (+€34,998) and Net result for the year (+€7,956)
- Debts after one year -€29,412
down €29,412 (-33.9%), from €86,862 to €57,450
- Profit (loss) carried forward +€7,956
up €7,956 (+14.5%), from -€54,817 to -€46,861
- Purchases and services +€11,864
new in 2025: €11,864
- Gross operating margin +€6,192
up €6,192 (+14.7%), from €42,055 to €48,247
- Other operating charges -€3,518
down €3,518 (-48.9%), from €7,192 to €3,674
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 | €182,558 | €163,044 | -€19,514 | -10.7% |
| Fixed assets | 21/28 | €159,546 | €124,548 | -€34,998 | -21.9% |
| Tangible fixed assets | 22/27 | €159,546 | €124,548 | -€34,998 | -21.9% |
| Land and buildings | 22 | €143,423 | €112,788 | -€30,635 | -21.4% |
| Plant, machinery and equipment | 23 | €16,123 | €11,760 | -€4,363 | -27.1% |
| Current assets | 29/58 | €23,012 | €38,496 | +€15,484 | +67.3% |
| Amounts receivable within one year | 40/41 | €15,067 | €15,067 | = | 0.0% |
| Trade receivables | 40 | €15,067 | €15,067 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,027 | €22,468 | +€15,442 | +220% |
| Deferred charges and accrued income | 490/1 | €919 | €961 | +€42 | +4.6% |
| Total equity and liabilities | 10/49 | €182,558 | €163,044 | -€19,514 | -10.7% |
| Equity | 10/15 | -€48,617 | -€40,661 | +€7,956 | +16.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,817 | -€46,861 | +€7,956 | +14.5% |
| Amounts payable | 17/49 | €231,175 | €203,705 | -€27,470 | -11.9% |
| Amounts payable after more than one year | 17 | €86,862 | €57,450 | -€29,412 | -33.9% |
| Financial debts | 170/4 | €86,862 | €57,450 | -€29,412 | -33.9% |
| Amounts payable within one year | 42/48 | €144,313 | €146,255 | +€1,942 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €29,033 | €29,412 | +€379 | +1.3% |
| Trade debts | 44 | €4,530 | €6,093 | +€1,563 | +34.5% |
| Suppliers | 440/4 | €4,530 | €6,093 | +€1,563 | +34.5% |
| Other amounts payable | 47/48 | €110,750 | €110,750 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €11,864 | +€11,864 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,998 | €34,998 | = | 0.0% |
| Other operating charges | 640/8 | €7,192 | €3,674 | -€3,518 | -48.9% |
| Gross operating margin | 9900 | €42,055 | €48,247 | +€6,192 | +14.7% |
| Operating profit (loss) | 9901 | -€134 | €9,575 | +€9,710 | |
| Financial charges | 65/66B | €1,850 | €1,475 | -€375 | -20.3% |
| Recurring financial charges | 65 | €1,850 | €1,475 | -€375 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,984 | €8,101 | +€10,085 | |
| Income taxes | 67/77 | - | €145 | +€145 | |
| Profit (loss) for the period | 9904 | -€1,984 | €7,956 | +€9,940 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,984 | €7,956 | +€9,940 |
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 26 October 2026 via checked.be.