ROLAND LEMAITRE: 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.
ROLAND LEMAITRE
Largest movements
- Cash +€15,153
up €15,153 (+28.5%), from €53,233 to €68,386
mainly Net result for the year (+€31,014) and Trade debts (+€2,466)
- Reserves +€30,000
up €30,000 (+27.6%), from €108,679 to €138,679
of which Distributable reserves: +€30,000
- Tax, wage and social debts -€14,014
down €14,014 (-93.3%), from €15,014 to €1,000
- Other debts -€4,992
no longer reported in 2025 (was €4,992)
- Gross operating margin -€29,765
down €29,765 (-41.9%), from €71,073 to €41,308
- Turnover -€26,793
down €26,793 (-21.4%), from €125,285 to €98,492
- Financial income +€8,649
up €8,649 (+3,432%), from €252 to €8,901
- Taxes -€6,982
down €6,982 (-28.4%), from €24,565 to €17,583
- Purchases and services +€2,972
up €2,972 (+5.5%), from €54,212 to €57,184
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 | €312,610 | €326,779 | +€14,169 | +4.5% |
| Current assets | 29/58 | €312,610 | €326,779 | +€14,169 | +4.5% |
| Amounts receivable within one year | 40/41 | €9,377 | €7,532 | -€1,845 | -19.7% |
| Trade receivables | 40 | €9,020 | €2,895 | -€6,125 | -67.9% |
| Other amounts receivable | 41 | €357 | €4,637 | +€4,280 | +1,199% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €53,233 | €68,386 | +€15,153 | +28.5% |
| Deferred charges and accrued income | 490/1 | - | €861 | +€861 | |
| Total equity and liabilities | 10/49 | €312,610 | €326,779 | +€14,169 | +4.5% |
| Equity | 10/15 | €290,161 | €321,175 | +€31,014 | +10.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €108,679 | €138,679 | +€30,000 | +27.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €130,000 | +€30,000 | +30.0% |
| Profit (loss) carried forward | 14 | €119,482 | €120,496 | +€1,014 | +0.8% |
| Amounts payable | 17/49 | €22,449 | €5,604 | -€16,845 | -75.0% |
| Amounts payable within one year | 42/48 | €22,144 | €5,604 | -€16,540 | -74.7% |
| Trade debts | 44 | €2,138 | €4,604 | +€2,466 | +115% |
| Suppliers | 440/4 | €2,138 | €4,604 | +€2,466 | +115% |
| Taxes, remuneration and social security | 45 | €15,014 | €1,000 | -€14,014 | -93.3% |
| Taxes | 450/3 | €15,014 | €1,000 | -€14,014 | -93.3% |
| Other amounts payable | 47/48 | €4,992 | - | -€4,992 | |
| Accrued charges and deferred income | 492/3 | €305 | - | -€305 | |
| Turnover | 70 | €125,285 | €98,492 | -€26,793 | -21.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €54,212 | €57,184 | +€2,972 | +5.5% |
| Other operating charges | 640/8 | €2,737 | €1,246 | -€1,491 | -54.5% |
| Gross operating margin | 9900 | €71,073 | €41,308 | -€29,765 | -41.9% |
| Operating profit (loss) | 9901 | €68,336 | €40,062 | -€28,274 | -41.4% |
| Financial income | 75/76B | €252 | €8,901 | +€8,649 | +3,432% |
| Recurring financial income | 75 | €252 | €8,901 | +€8,649 | +3,432% |
| Financial charges | 65/66B | €343 | €366 | +€23 | +6.7% |
| Recurring financial charges | 65 | €187 | €302 | +€115 | +61.5% |
| Non-recurring financial charges | 66B | €156 | €64 | -€92 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | €68,245 | €48,597 | -€19,648 | -28.8% |
| Income taxes | 67/77 | €24,565 | €17,583 | -€6,982 | -28.4% |
| Profit (loss) for the period | 9904 | €43,680 | €31,014 | -€12,666 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,680 | €31,014 | -€12,666 | -29.0% |
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 29 October 2026 via checked.be.