Het Lijsternest: 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.
Het Lijsternest
Largest movements
- Cash -€23,292
down €23,292 (-13.0%), from €178,728 to €155,436
mainly Net result for the year (-€25,894) and Deferred charges and accrued income (-€8,319)
- Deferred charges and accrued income +€8,319
up €8,319 (+464%), from €1,791 to €10,110
- Receivables within one year -€3,754
down €3,754 (-7.2%), from €52,229 to €48,474
of which Other amounts receivable: -€4,000
- Tangible fixed assets +€3,277
up €3,277 (+8.5%), from €38,410 to €41,687
of which Plant, machinery and equipment: +€3,459
- Profit (loss) carried forward -€25,894
down €25,894 (-16.9%), from €153,542 to €127,648
- Trade debts +€17,000
up €17,000 (+35.8%), from €47,550 to €64,550
- Tax, wage and social debts -€6,083
down €6,083 (-10.7%), from €56,928 to €50,844
- Staff costs +€111,240
up €111,240 (+16.6%), from €670,227 to €781,467
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 | €271,158 | €255,707 | -€15,451 | -5.7% |
| Fixed assets | 21/28 | €38,410 | €41,687 | +€3,277 | +8.5% |
| Tangible fixed assets | 22/27 | €38,410 | €41,687 | +€3,277 | +8.5% |
| Land and buildings | 22 | €1,680 | €1,499 | -€182 | -10.8% |
| Plant, machinery and equipment | 23 | €2,096 | €5,555 | +€3,459 | +165% |
| Assets under construction and advance payments | 27 | €34,634 | €34,634 | = | 0.0% |
| Current assets | 29/58 | €232,747 | €214,020 | -€18,728 | -8.0% |
| Amounts receivable within one year | 40/41 | €52,229 | €48,474 | -€3,754 | -7.2% |
| Trade receivables | 40 | €12,565 | €12,810 | +€245 | +2.0% |
| Other amounts receivable | 41 | €39,664 | €35,664 | -€4,000 | -10.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €178,728 | €155,436 | -€23,292 | -13.0% |
| Deferred charges and accrued income | 490/1 | €1,791 | €10,110 | +€8,319 | +464% |
| Total equity and liabilities | 10/49 | €271,158 | €255,707 | -€15,451 | -5.7% |
| Equity | 10/15 | €153,542 | €127,648 | -€25,894 | -16.9% |
| Profit (loss) carried forward | 14 | €153,542 | €127,648 | -€25,894 | -16.9% |
| Amounts payable | 17/49 | €117,616 | €128,059 | +€10,443 | +8.9% |
| Amounts payable within one year | 42/48 | €114,477 | €126,695 | +€12,217 | +10.7% |
| Trade debts | 44 | €47,550 | €64,550 | +€17,000 | +35.8% |
| Suppliers | 440/4 | €47,550 | €64,550 | +€17,000 | +35.8% |
| Advances received on contracts in progress | 46 | €10,000 | €11,300 | +€1,300 | +13.0% |
| Taxes, remuneration and social security | 45 | €56,928 | €50,844 | -€6,083 | -10.7% |
| Remuneration and social security | 454/9 | €56,928 | €50,844 | -€6,083 | -10.7% |
| Accrued charges and deferred income | 492/3 | €3,139 | €1,365 | -€1,774 | -56.5% |
| Remuneration, social security and pensions | 62 | €670,227 | €781,467 | +€111,240 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,034 | €964 | -€1,070 | -52.6% |
| Other operating charges | 640/8 | €394 | €678 | +€283 | +71.9% |
| Gross operating margin | 9900 | €755,684 | €757,214 | +€1,530 | +0.2% |
| Operating profit (loss) | 9901 | €83,029 | -€25,894 | -€108,924 | |
| Financial income | 75/76B | €273 | €286 | +€13 | +4.7% |
| Recurring financial income | 75 | €273 | €286 | +€13 | +4.7% |
| Financial charges | 65/66B | €1,562 | €285 | -€1,277 | -81.7% |
| Recurring financial charges | 65 | €1,562 | €285 | -€1,277 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €81,740 | -€25,894 | -€107,634 | |
| Profit (loss) for the period | 9904 | €81,740 | -€25,894 | -€107,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,740 | -€25,894 | -€107,634 |
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.