B & LIZ: 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.
B & LIZ
Largest movements
- Receivables within one year +€37,362
up €37,362 (+472%), from €7,916 to €45,277
- Cash +€22,834
up €22,834 (+574%), from €3,976 to €26,810
mainly Net result for the year (+€29,533) and Advances received (+€20,000)
- Profit (loss) carried forward +€29,533
up €29,533, from -€4,195 to €25,339
- Advances received +€20,000
new in 2025: €20,000
- Tax, wage and social debts +€10,751
new in 2025: €10,751
- Short-term financial debts -€3,500
no longer reported in 2025 (was €3,500)
- Trade debts +€3,411
up €3,411 (+1,822%), from €187 to €3,598
- Gross operating margin +€36,869
up €36,869 (+906%), from €4,070 to €40,939
- Taxes +€10,751
new in 2025: €10,751
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 | €11,892 | €72,088 | +€60,195 | +506% |
| Current assets | 29/58 | €11,892 | €72,088 | +€60,195 | +506% |
| Amounts receivable within one year | 40/41 | €7,916 | €45,277 | +€37,362 | +472% |
| Other amounts receivable | 41 | €7,916 | €45,277 | +€37,362 | +472% |
| Cash at bank and in hand | 54/58 | €3,976 | €26,810 | +€22,834 | +574% |
| Total equity and liabilities | 10/49 | €11,892 | €72,088 | +€60,195 | +506% |
| Equity | 10/15 | €8,205 | €37,739 | +€29,533 | +360% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,195 | €25,339 | +€29,533 | |
| Amounts payable | 17/49 | €3,687 | €34,349 | +€30,662 | +832% |
| Amounts payable within one year | 42/48 | €3,687 | €34,349 | +€30,662 | +832% |
| Financial debts | 43 | €3,500 | - | -€3,500 | |
| Other loans | 439 | €3,500 | - | -€3,500 | |
| Trade debts | 44 | €187 | €3,598 | +€3,411 | +1,822% |
| Suppliers | 440/4 | €187 | €3,598 | +€3,411 | +1,822% |
| Advances received on contracts in progress | 46 | - | €20,000 | +€20,000 | |
| Taxes, remuneration and social security | 45 | - | €10,751 | +€10,751 | |
| Taxes | 450/3 | - | €10,751 | +€10,751 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €4,070 | €40,939 | +€36,869 | +906% |
| Operating profit (loss) | 9901 | €3,565 | €40,419 | +€36,855 | +1,034% |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €169 | €195 | +€26 | +15.3% |
| Recurring financial charges | 65 | €169 | €195 | +€26 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €3,396 | €40,284 | +€36,889 | +1,086% |
| Income taxes | 67/77 | - | €10,751 | +€10,751 | |
| Profit (loss) for the period | 9904 | €3,396 | €29,533 | +€26,138 | +770% |
| Profit (loss) for the period to be appropriated | 9905 | €3,396 | €29,533 | +€26,138 | +770% |
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.