LEMON TREES: 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.
LEMON TREES
Largest movements
- Cash -€15,168
down €15,168 (-23.1%), from €65,666 to €50,498
mainly Other debts (-€16,602) and Receivables within one year (-€10,687)
- Financial fixed assets -€12,250
down €12,250 (-99.1%), from €12,358 to €108
- Receivables within one year +€10,687
up €10,687 (+54.3%), from €19,669 to €30,356
of which Trade receivables: +€10,687
- Deferred charges and accrued income +€2,692
up €2,692 (+184%), from €1,459 to €4,151
- Tangible fixed assets -€1,297
down €1,297 (-37.1%), from €3,500 to €2,203
of which Furniture and vehicles: -€812
- Other debts -€16,602
down €16,602 (-52.9%), from €31,360 to €14,758
- Trade debts +€4,971
up €4,971 (+94.3%), from €5,270 to €10,242
- Accrued charges and deferred income -€1,559
no longer reported in 2025 (was €1,559)
- Profit (loss) carried forward -€1,358
down €1,358 (-3.5%), from €38,909 to €37,551
- Staff costs +€13,015
new in 2025: €13,015
- Gross operating margin +€5,483
up €5,483 (+54.0%), from €10,162 to €15,645
- Financial charges -€1,769
down €1,769 (-53.7%), from €3,295 to €1,526
- Taxes -€401
down €401 (-21.8%), from €1,845 to €1,443
- Other operating charges -€262
down €262 (-89.7%), from €292 to €30
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 | €102,652 | €87,316 | -€15,336 | -14.9% |
| Fixed assets | 21/28 | €15,858 | €2,311 | -€13,547 | -85.4% |
| Tangible fixed assets | 22/27 | €3,500 | €2,203 | -€1,297 | -37.1% |
| Land and buildings | 22 | €1,677 | €1,192 | -€485 | -28.9% |
| Furniture and vehicles | 24 | €1,823 | €1,011 | -€812 | -44.5% |
| Financial fixed assets | 28 | €12,358 | €108 | -€12,250 | -99.1% |
| Current assets | 29/58 | €86,794 | €85,004 | -€1,789 | -2.1% |
| Amounts receivable within one year | 40/41 | €19,669 | €30,356 | +€10,687 | +54.3% |
| Trade receivables | 40 | €15,366 | €26,053 | +€10,687 | +69.5% |
| Other amounts receivable | 41 | €4,302 | €4,302 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,666 | €50,498 | -€15,168 | -23.1% |
| Deferred charges and accrued income | 490/1 | €1,459 | €4,151 | +€2,692 | +184% |
| Total equity and liabilities | 10/49 | €102,652 | €87,316 | -€15,336 | -14.9% |
| Equity | 10/15 | €58,342 | €56,984 | -€1,358 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €833 | €833 | = | 0.0% |
| Distributable reserves | 133 | €833 | €833 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,909 | €37,551 | -€1,358 | -3.5% |
| Amounts payable | 17/49 | €44,310 | €30,331 | -€13,979 | -31.5% |
| Amounts payable within one year | 42/48 | €42,751 | €30,331 | -€12,420 | -29.1% |
| Trade debts | 44 | €5,270 | €10,242 | +€4,971 | +94.3% |
| Suppliers | 440/4 | €5,270 | €10,242 | +€4,971 | +94.3% |
| Taxes, remuneration and social security | 45 | €6,121 | €5,332 | -€789 | -12.9% |
| Taxes | 450/3 | €6,121 | €4,423 | -€1,698 | -27.7% |
| Remuneration and social security | 454/9 | - | €909 | +€909 | |
| Other amounts payable | 47/48 | €31,360 | €14,758 | -€16,602 | -52.9% |
| Accrued charges and deferred income | 492/3 | €1,559 | - | -€1,559 | |
| Remuneration, social security and pensions | 62 | - | €13,015 | +€13,015 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,354 | €1,297 | -€57 | -4.2% |
| Other operating charges | 640/8 | €292 | €30 | -€262 | -89.7% |
| Gross operating margin | 9900 | €10,162 | €15,645 | +€5,483 | +54.0% |
| Operating profit (loss) | 9901 | €8,516 | €1,303 | -€7,213 | -84.7% |
| Financial income | 75/76B | €59 | €308 | +€249 | +426% |
| Recurring financial income | 75 | €59 | €308 | +€249 | +426% |
| Financial charges | 65/66B | €3,295 | €1,526 | -€1,769 | -53.7% |
| Recurring financial charges | 65 | €3,295 | €1,526 | -€1,769 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | €5,280 | €85 | -€5,194 | -98.4% |
| Income taxes | 67/77 | €1,845 | €1,443 | -€401 | -21.8% |
| Profit (loss) for the period | 9904 | €3,435 | -€1,358 | -€4,793 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,435 | -€1,358 | -€4,793 |
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 14 October 2026 via checked.be.