LEMON GROUP: 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 GROUP
Largest movements
- Receivables within one year -€221,176
down €221,176 (-84.8%), from €260,864 to €39,688
of which Trade receivables: -€197,496
- Tangible fixed assets -€167,458
down €167,458 (-22.2%), from €753,510 to €586,052
of which Other tangible fixed assets: -€165,773
- Trade debts -€214,864
down €214,864 (-68.1%), from €315,505 to €100,640
- Debts after one year -€208,360
down €208,360 (-86.8%), from €239,958 to €31,598
- Other debts -€96,037
down €96,037 (-27.1%), from €354,980 to €258,943
- Profit (loss) carried forward +€92,638
up €92,638 (+53.6%), from -€172,923 to -€80,285
- Current portion of long-term debt +€21,976
up €21,976 (+10.2%), from €216,368 to €238,344
- Financial income +€140,120
up €140,120 (+30543.8%), from €459 to €140,579
of which Non-recurring financial income: +€140,000
- Gross operating margin +€130,749
up €130,749 (+929.6%), from €14,066 to €144,814
- Depreciation +€74,177
up €74,177 (+79.5%), from €93,281 to €167,458
- Financial charges +€10,205
up €10,205 (+100.6%), from €10,141 to €20,346
- Other operating charges +€2,473
up €2,473 (+99.8%), from €2,478 to €4,951
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 | €1,030,911 | €641,868 | -€389,043 | -37.7% |
| Fixed assets | 21/28 | €768,572 | €601,114 | -€167,458 | -21.8% |
| Tangible fixed assets | 22/27 | €753,510 | €586,052 | -€167,458 | -22.2% |
| Plant, machinery and equipment | 23 | €7,703 | €6,017 | -€1,685 | -21.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €745,807 | €580,034 | -€165,773 | -22.2% |
| Financial fixed assets | 28 | €15,063 | €15,063 | = | 0.0% |
| Current assets | 29/58 | €262,339 | €40,753 | -€221,585 | -84.5% |
| Amounts receivable within one year | 40/41 | €260,864 | €39,688 | -€221,176 | -84.8% |
| Trade receivables | 40 | €223,324 | €25,828 | -€197,496 | -88.4% |
| Other amounts receivable | 41 | €37,540 | €13,860 | -€23,680 | -63.1% |
| Cash at bank and in hand | 54/58 | €1,475 | €1,065 | -€410 | -27.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,030,911 | €641,868 | -€389,043 | -37.7% |
| Equity | 10/15 | -€98,259 | -€5,621 | +€92,638 | +94.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €68,464 | €68,464 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €66,604 | €66,604 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,923 | -€80,285 | +€92,638 | +53.6% |
| Amounts payable | 17/49 | €1,129,170 | €647,489 | -€481,681 | -42.7% |
| Amounts payable after more than one year | 17 | €239,958 | €31,598 | -€208,360 | -86.8% |
| Financial debts | 170/4 | €239,958 | €31,598 | -€208,360 | -86.8% |
| Amounts payable within one year | 42/48 | €889,213 | €615,891 | -€273,322 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €216,368 | €238,344 | +€21,976 | +10.2% |
| Trade debts | 44 | €315,505 | €100,640 | -€214,864 | -68.1% |
| Suppliers | 440/4 | €315,505 | €100,640 | -€214,864 | -68.1% |
| Taxes, remuneration and social security | 45 | €2,360 | €17,964 | +€15,604 | +661.3% |
| Taxes | 450/3 | €2,360 | €17,964 | +€15,604 | +661.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €354,980 | €258,943 | -€96,037 | -27.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €1,011 | €0 | -€1,011 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,281 | €167,458 | +€74,177 | +79.5% |
| Other operating charges | 640/8 | €2,478 | €4,951 | +€2,473 | +99.8% |
| Non-recurring operating charges | 66A | €1,314 | €0 | -€1,314 | -100.0% |
| Gross operating margin | 9900 | €14,066 | €144,814 | +€130,749 | +929.6% |
| Operating profit (loss) | 9901 | -€84,017 | -€27,595 | +€56,423 | +67.2% |
| Financial income | 75/76B | €459 | €140,579 | +€140,120 | +30543.8% |
| Recurring financial income | 75 | €459 | €579 | +€120 | +26.1% |
| Non-recurring financial income | 76B | - | €140,000 | +€140,000 | |
| Financial charges | 65/66B | €10,141 | €20,346 | +€10,205 | +100.6% |
| Recurring financial charges | 65 | €10,141 | €20,346 | +€10,205 | +100.6% |
| Profit (loss) for the period before taxes | 9903 | -€93,700 | €92,638 | +€186,338 | |
| Profit (loss) for the period | 9904 | -€93,700 | €92,638 | +€186,338 | |
| Profit (loss) for the period to be appropriated | 9905 | -€93,700 | €92,638 | +€186,338 |
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 8 October 2026 via checked.be.