LERNER DIAMONDS: 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.
LERNER DIAMONDS
Largest movements
- Receivables within one year -€324,336
down €324,336 (-62.1%), from €522,368 to €198,032
of which Trade receivables: -€315,885
- Stocks and contracts -€214,881
down €214,881 (-61.1%), from €351,882 to €137,001
- Cash -€145,796
down €145,796 (-70.7%), from €206,140 to €60,344
mainly Net result for the year (-€302,906) and Trade debts (-€285,481)
- Trade debts -€285,481
down €285,481 (-92.5%), from €308,580 to €23,099
- Reserves -€159,035
down €159,035 (-33.2%), from €479,701 to €320,666
of which Distributable reserves: -€159,035
- Profit (loss) carried forward -€143,871
new in 2025: -€143,871
- Other debts -€96,190
down €96,190 (-35.1%), from €274,057 to €177,867
- Gross operating margin -€216,411
down €216,411 (-497%), from -€43,529 to -€259,941
- Financial charges +€30,256
up €30,256 (+641%), from €4,722 to €34,978
- Staff costs -€13,881
down €13,881, from €13,761 to -€120
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 | €1,094,483 | €405,296 | -€689,188 | -63.0% |
| Fixed assets | 21/28 | €12,721 | €8,452 | -€4,268 | -33.6% |
| Tangible fixed assets | 22/27 | €11,351 | €7,083 | -€4,268 | -37.6% |
| Plant, machinery and equipment | 23 | €667 | €469 | -€198 | -29.7% |
| Furniture and vehicles | 24 | €10,684 | €6,614 | -€4,071 | -38.1% |
| Financial fixed assets | 28 | €1,370 | €1,370 | = | 0.0% |
| Current assets | 29/58 | €1,081,763 | €396,843 | -€684,919 | -63.3% |
| Stocks and contracts in progress | 3 | €351,882 | €137,001 | -€214,881 | -61.1% |
| Stocks | 30/36 | €351,882 | €137,001 | -€214,881 | -61.1% |
| Amounts receivable within one year | 40/41 | €522,368 | €198,032 | -€324,336 | -62.1% |
| Trade receivables | 40 | €468,031 | €152,145 | -€315,885 | -67.5% |
| Other amounts receivable | 41 | €54,337 | €45,886 | -€8,451 | -15.6% |
| Cash at bank and in hand | 54/58 | €206,140 | €60,344 | -€145,796 | -70.7% |
| Deferred charges and accrued income | 490/1 | €1,374 | €1,467 | +€93 | +6.8% |
| Total equity and liabilities | 10/49 | €1,094,483 | €405,296 | -€689,188 | -63.0% |
| Equity | 10/15 | €498,301 | €195,395 | -€302,906 | -60.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €479,701 | €320,666 | -€159,035 | -33.2% |
| Non-distributable reserves | 130/1 | €320,666 | €320,666 | = | 0.0% |
| Reserves not available under the articles | 1311 | €320,666 | €320,666 | = | 0.0% |
| Distributable reserves | 133 | €159,035 | - | -€159,035 | |
| Profit (loss) carried forward | 14 | - | -€143,871 | -€143,871 | |
| Amounts payable | 17/49 | €596,183 | €209,901 | -€386,282 | -64.8% |
| Amounts payable after more than one year | 17 | €6,650 | €6,650 | = | 0.0% |
| Financial debts | 170/4 | €6,650 | €6,650 | = | 0.0% |
| Amounts payable within one year | 42/48 | €589,533 | €203,251 | -€386,282 | -65.5% |
| Current portion of amounts payable after more than one year | 42 | €4,283 | - | -€4,283 | |
| Trade debts | 44 | €308,580 | €23,099 | -€285,481 | -92.5% |
| Suppliers | 440/4 | €308,580 | €23,099 | -€285,481 | -92.5% |
| Taxes, remuneration and social security | 45 | €2,613 | €2,285 | -€328 | -12.6% |
| Taxes | 450/3 | €2,613 | €2,202 | -€411 | -15.7% |
| Remuneration and social security | 454/9 | - | €83 | +€83 | |
| Other amounts payable | 47/48 | €274,057 | €177,867 | -€96,190 | -35.1% |
| Remuneration, social security and pensions | 62 | €13,761 | -€120 | -€13,881 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,920 | €4,703 | -€217 | -4.4% |
| Other operating charges | 640/8 | €1,945 | €1,206 | -€739 | -38.0% |
| Gross operating margin | 9900 | -€43,529 | -€259,941 | -€216,411 | -497% |
| Operating profit (loss) | 9901 | -€64,156 | -€265,730 | -€201,575 | -314% |
| Financial income | 75/76B | €912 | €0 | -€912 | -100.0% |
| Recurring financial income | 75 | €912 | €0 | -€912 | -100.0% |
| Financial charges | 65/66B | €4,722 | €34,978 | +€30,256 | +641% |
| Recurring financial charges | 65 | €4,722 | €34,978 | +€30,256 | +641% |
| Profit (loss) for the period before taxes | 9903 | -€67,965 | -€300,708 | -€232,743 | -342% |
| Income taxes | 67/77 | €2,613 | €2,198 | -€415 | -15.9% |
| Profit (loss) for the period | 9904 | -€70,578 | -€302,906 | -€232,328 | -329% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,578 | -€302,906 | -€232,328 | -329% |
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 21 October 2026 via checked.be.