LEMODETIS FRERES: 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.
LEMODETIS FRERES
Largest movements
- Tangible fixed assets +€51,292
up €51,292 (+222.0%), from €23,106 to €74,399
of which Other tangible fixed assets: +€57,276
- Cash -€22,001
down €22,001 (-4.7%), from €465,643 to €443,643
mainly Investment in fixed assets (net) (-€86,875) and Trade debts (-€31,591)
- Receivables within one year -€8,035
down €8,035 (-12.9%), from €62,125 to €54,090
of which Trade receivables: -€10,195
- Debts after one year +€50,277
up €50,277 (+504.1%), from €9,974 to €60,251
- Trade debts -€31,591
down €31,591 (-54.5%), from €57,934 to €26,343
- Tax, wage and social debts -€15,997
down €15,997 (-17.0%), from €94,131 to €78,134
of which Remuneration and social security: -€15,278
- Current portion of long-term debt +€13,028
up €13,028 (+93.2%), from €13,973 to €27,001
- Other debts -€8,793
down €8,793 (-4.0%), from €219,393 to €210,600
- Gross operating margin -€116,459
down €116,459 (-15.7%), from €741,282 to €624,824
- Taxes -€32,495
down €32,495 (-90.1%), from €36,064 to €3,569
- Other operating charges -€26,472
down €26,472 (-83.8%), from €31,583 to €5,111
- Depreciation +€9,169
up €9,169 (+34.7%), from €26,414 to €35,583
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 | €764,248 | €778,210 | +€13,962 | +1.8% |
| Fixed assets | 21/28 | €23,478 | €74,770 | +€51,292 | +218.5% |
| Tangible fixed assets | 22/27 | €23,106 | €74,399 | +€51,292 | +222.0% |
| Plant, machinery and equipment | 23 | €299 | €176 | -€123 | -41.2% |
| Furniture and vehicles | 24 | €3,345 | €2,946 | -€399 | -11.9% |
| Leasing and similar rights | 25 | €8,065 | €2,604 | -€5,462 | -67.7% |
| Other tangible fixed assets | 26 | €11,397 | €68,673 | +€57,276 | +502.5% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €740,770 | €703,440 | -€37,330 | -5.0% |
| Stocks and contracts in progress | 3 | €208,853 | €205,707 | -€3,146 | -1.5% |
| Stocks | 30/36 | €208,853 | €205,707 | -€3,146 | -1.5% |
| Amounts receivable within one year | 40/41 | €62,125 | €54,090 | -€8,035 | -12.9% |
| Trade receivables | 40 | €20,794 | €10,598 | -€10,195 | -49.0% |
| Other amounts receivable | 41 | €41,331 | €43,492 | +€2,161 | +5.2% |
| Cash at bank and in hand | 54/58 | €465,643 | €443,643 | -€22,001 | -4.7% |
| Deferred charges and accrued income | 490/1 | €4,149 | - | -€4,149 | |
| Total equity and liabilities | 10/49 | €764,248 | €778,210 | +€13,962 | +1.8% |
| Equity | 10/15 | €368,843 | €375,881 | +€7,038 | +1.9% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €73,000 | €80,038 | +€7,038 | +9.6% |
| Distributable reserves | 133 | €73,000 | €80,038 | +€7,038 | +9.6% |
| Profit (loss) carried forward | 14 | €275,392 | €275,392 | = | 0.0% |
| Amounts payable | 17/49 | €395,405 | €402,329 | +€6,924 | +1.8% |
| Amounts payable after more than one year | 17 | €9,974 | €60,251 | +€50,277 | +504.1% |
| Financial debts | 170/4 | €9,974 | €60,251 | +€50,277 | +504.1% |
| Amounts payable within one year | 42/48 | €385,431 | €342,078 | -€43,353 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €13,973 | €27,001 | +€13,028 | +93.2% |
| Trade debts | 44 | €57,934 | €26,343 | -€31,591 | -54.5% |
| Suppliers | 440/4 | €57,934 | €26,343 | -€31,591 | -54.5% |
| Taxes, remuneration and social security | 45 | €94,131 | €78,134 | -€15,997 | -17.0% |
| Taxes | 450/3 | €15,426 | €14,707 | -€719 | -4.7% |
| Remuneration and social security | 454/9 | €78,705 | €63,427 | -€15,278 | -19.4% |
| Other amounts payable | 47/48 | €219,393 | €210,600 | -€8,793 | -4.0% |
| Remuneration, social security and pensions | 62 | €568,624 | €567,075 | -€1,549 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,414 | €35,583 | +€9,169 | +34.7% |
| Other operating charges | 640/8 | €31,583 | €5,111 | -€26,472 | -83.8% |
| Gross operating margin | 9900 | €741,282 | €624,824 | -€116,459 | -15.7% |
| Operating profit (loss) | 9901 | €114,662 | €17,055 | -€97,607 | -85.1% |
| Financial income | 75/76B | €2,921 | €3,222 | +€301 | +10.3% |
| Recurring financial income | 75 | €2,921 | €3,222 | +€301 | +10.3% |
| Financial charges | 65/66B | €7,950 | €9,670 | +€1,721 | +21.6% |
| Recurring financial charges | 65 | €7,950 | €9,670 | +€1,721 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | €109,634 | €10,607 | -€99,027 | -90.3% |
| Income taxes | 67/77 | €36,064 | €3,569 | -€32,495 | -90.1% |
| Profit (loss) for the period | 9904 | €73,570 | €7,038 | -€66,532 | -90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,570 | €7,038 | -€66,532 | -90.4% |
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 11 October 2026 via checked.be.