Lemon: 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.
Lemon
Largest movements
- Tangible fixed assets -€61,136
down €61,136 (-6.6%), from €932,308 to €871,172
of which Land and buildings: -€61,013
- Debts after one year -€38,082
down €38,082 (-12.3%), from €308,915 to €270,833
- Reserves -€21,489
down €21,489 (-5.5%), from €388,575 to €367,086
of which Tax-exempt reserves: -€11,173
- Gross operating margin -€13,652
down €13,652 (-22.4%), from €60,963 to €47,312
- Other operating charges -€1,236
down €1,236 (-13.5%), from €9,132 to €7,895
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 | €1,020,248 | €962,124 | -€58,124 | -5.7% |
| Fixed assets | 21/28 | €932,308 | €871,172 | -€61,136 | -6.6% |
| Tangible fixed assets | 22/27 | €932,308 | €871,172 | -€61,136 | -6.6% |
| Land and buildings | 22 | €932,114 | €871,101 | -€61,013 | -6.5% |
| Plant, machinery and equipment | 23 | €194 | €72 | -€123 | -63.2% |
| Current assets | 29/58 | €87,940 | €90,952 | +€3,012 | +3.4% |
| Amounts receivable within one year | 40/41 | €72 | €147 | +€75 | +104.8% |
| Other amounts receivable | 41 | €72 | €147 | +€75 | +104.8% |
| Cash at bank and in hand | 54/58 | €87,868 | €90,805 | +€2,936 | +3.3% |
| Total equity and liabilities | 10/49 | €1,020,248 | €962,124 | -€58,124 | -5.7% |
| Equity | 10/15 | €512,522 | €491,033 | -€21,489 | -4.2% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €388,575 | €367,086 | -€21,489 | -5.5% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €253,129 | €241,956 | -€11,173 | -4.4% |
| Distributable reserves | 133 | €123,051 | €112,736 | -€10,316 | -8.4% |
| Provisions and deferred taxes | 16 | €130,341 | €124,587 | -€5,753 | -4.4% |
| Deferred taxes | 168 | €130,341 | €124,587 | -€5,753 | -4.4% |
| Amounts payable | 17/49 | €377,385 | €346,503 | -€30,882 | -8.2% |
| Amounts payable after more than one year | 17 | €308,915 | €270,833 | -€38,082 | -12.3% |
| Financial debts | 170/4 | €308,915 | €270,833 | -€38,082 | -12.3% |
| Amounts payable within one year | 42/48 | €68,471 | €75,671 | +€7,200 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €37,592 | €38,082 | +€490 | +1.3% |
| Trade debts | 44 | - | €5,748 | +€5,748 | |
| Suppliers | 440/4 | - | €5,748 | +€5,748 | |
| Taxes, remuneration and social security | 45 | €19 | €19 | = | 0.0% |
| Taxes | 450/3 | €19 | €19 | = | 0.0% |
| Other amounts payable | 47/48 | €30,860 | €31,822 | +€962 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,448 | €61,136 | -€312 | -0.5% |
| Other operating charges | 640/8 | €9,132 | €7,895 | -€1,236 | -13.5% |
| Gross operating margin | 9900 | €60,963 | €47,312 | -€13,652 | -22.4% |
| Operating profit (loss) | 9901 | -€9,616 | -€21,720 | -€12,103 | -125.9% |
| Financial income | 75/76B | €436 | €491 | +€55 | +12.5% |
| Recurring financial income | 75 | €436 | €491 | +€55 | +12.5% |
| Financial charges | 65/66B | €6,049 | €6,013 | -€36 | -0.6% |
| Recurring financial charges | 65 | €6,049 | €6,013 | -€36 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,229 | -€27,242 | -€12,013 | -78.9% |
| Transfer from deferred taxes | 780 | €5,753 | €5,753 | = | 0.0% |
| Income taxes | 67/77 | €150 | - | -€150 | |
| Profit (loss) for the period | 9904 | -€9,626 | -€21,489 | -€11,863 | -123.2% |
| Transfer from tax-exempt reserves | 789 | €11,173 | €11,173 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,547 | -€10,316 | -€11,863 |
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 4 October 2026 via checked.be.