Lode Lemmelijn: 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.
Lode Lemmelijn
Largest movements
- Current investments +€9,767
new in 2025: €9,767
- Cash +€4,130
up €4,130 (+21.5%), from €19,221 to €23,351
mainly Net result for the year (+€15,453) and Trade debts (+€3,981)
- Tangible fixed assets +€4,076
up €4,076 (+53.7%), from €7,594 to €11,669
- Deferred charges and accrued income -€3,727
down €3,727 (-34.6%), from €10,780 to €7,053
- Receivables within one year +€1,668
new in 2025: €1,668
- Reserves +€15,453
up €15,453 (+75.4%), from €20,492 to €35,945
- Trade debts +€3,981
up €3,981 (+152%), from €2,613 to €6,594
- Tax, wage and social debts -€3,897
down €3,897 (-43.0%), from €9,071 to €5,174
- Gross operating margin -€3,062
down €3,062 (-10.0%), from €30,477 to €27,415
- Depreciation +€2,172
up €2,172 (+263%), from €825 to €2,997
- Financial charges +€1,222
up €1,222 (+76.5%), from €1,596 to €2,818
- Taxes -€671
down €671 (-11.5%), from €5,850 to €5,179
- Other operating charges +€616
up €616 (+167%), from €369 to €984
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 | €37,595 | €53,509 | +€15,914 | +42.3% |
| Fixed assets | 21/28 | €7,594 | €11,669 | +€4,076 | +53.7% |
| Tangible fixed assets | 22/27 | €7,594 | €11,669 | +€4,076 | +53.7% |
| Plant, machinery and equipment | 23 | €5,857 | €7,114 | +€1,258 | +21.5% |
| Furniture and vehicles | 24 | €1,737 | €3,015 | +€1,279 | +73.6% |
| Other tangible fixed assets | 26 | - | €1,540 | +€1,540 | |
| Current assets | 29/58 | €30,001 | €41,840 | +€11,839 | +39.5% |
| Amounts receivable within one year | 40/41 | - | €1,668 | +€1,668 | |
| Trade receivables | 40 | - | €1,668 | +€1,668 | |
| Current investments | 50/53 | - | €9,767 | +€9,767 | |
| Cash at bank and in hand | 54/58 | €19,221 | €23,351 | +€4,130 | +21.5% |
| Deferred charges and accrued income | 490/1 | €10,780 | €7,053 | -€3,727 | -34.6% |
| Total equity and liabilities | 10/49 | €37,595 | €53,509 | +€15,914 | +42.3% |
| Equity | 10/15 | €25,492 | €40,945 | +€15,453 | +60.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,492 | €35,945 | +€15,453 | +75.4% |
| Distributable reserves | 133 | €20,492 | €35,945 | +€15,453 | +75.4% |
| Amounts payable | 17/49 | €12,103 | €12,564 | +€461 | +3.8% |
| Amounts payable within one year | 42/48 | €11,691 | €11,798 | +€107 | +0.9% |
| Trade debts | 44 | €2,613 | €6,594 | +€3,981 | +152% |
| Suppliers | 440/4 | €2,613 | €6,594 | +€3,981 | +152% |
| Taxes, remuneration and social security | 45 | €9,071 | €5,174 | -€3,897 | -43.0% |
| Taxes | 450/3 | €9,071 | €5,174 | -€3,897 | -43.0% |
| Other amounts payable | 47/48 | €8 | €31 | +€23 | +307% |
| Accrued charges and deferred income | 492/3 | €412 | €766 | +€354 | +86.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €825 | €2,997 | +€2,172 | +263% |
| Other operating charges | 640/8 | €369 | €984 | +€616 | +167% |
| Non-recurring operating charges | 66A | €1,349 | - | -€1,349 | |
| Gross operating margin | 9900 | €30,477 | €27,415 | -€3,062 | -10.0% |
| Operating profit (loss) | 9901 | €27,934 | €23,433 | -€4,500 | -16.1% |
| Financial income | 75/76B | €4 | €16 | +€12 | +308% |
| Recurring financial income | 75 | €4 | €16 | +€12 | +308% |
| Financial charges | 65/66B | €1,596 | €2,818 | +€1,222 | +76.5% |
| Recurring financial charges | 65 | €1,596 | €2,818 | +€1,222 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €26,342 | €20,632 | -€5,710 | -21.7% |
| Income taxes | 67/77 | €5,850 | €5,179 | -€671 | -11.5% |
| Profit (loss) for the period | 9904 | €20,492 | €15,453 | -€5,038 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,492 | €15,453 | -€5,038 | -24.6% |
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 20 October 2026 via checked.be.