LA LIGULE: 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.
LA LIGULE
Largest movements
- Tangible fixed assets -€16,521
down €16,521 (-30.4%), from €54,311 to €37,789
of which Land and buildings: -€11,323
- Cash +€4,542
up €4,542 (+47.1%), from €9,647 to €14,189
mainly Depreciation (+€25,050) and Stocks and contracts (+€3,084)
- Stocks and contracts -€3,084
down €3,084 (-47.4%), from €6,511 to €3,427
- Deferred charges and accrued income +€1,774
up €1,774 (+250%), from €709 to €2,482
- Receivables within one year -€1,180
down €1,180 (-32.9%), from €3,582 to €2,402
of which Other amounts receivable: -€2,665
- Advances received -€9,565
no longer reported in 2025 (was €9,565)
- Debts after one year -€6,103
down €6,103 (-15.4%), from €39,614 to €33,511
of which Financial debts: -€6,103
- Profit (loss) carried forward +€1,458
up €1,458 (+58.2%), from -€2,506 to -€1,048
- Gross operating margin +€19,189
up €19,189 (+208%), from €9,220 to €28,409
- Other operating charges -€4,638
down €4,638 (-78.3%), from €5,922 to €1,285
- Taxes +€2,100
up €2,100, from -€1,932 to €168
- Depreciation +€1,455
up €1,455 (+6.2%), from €23,595 to €25,050
- Financial income -€292
down €292 (-98.9%), from €295 to €3
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 | €74,759 | €60,290 | -€14,469 | -19.4% |
| Fixed assets | 21/28 | €54,311 | €37,789 | -€16,521 | -30.4% |
| Tangible fixed assets | 22/27 | €54,311 | €37,789 | -€16,521 | -30.4% |
| Land and buildings | 22 | €27,535 | €16,212 | -€11,323 | -41.1% |
| Furniture and vehicles | 24 | €26,775 | €21,577 | -€5,198 | -19.4% |
| Current assets | 29/58 | €20,448 | €22,501 | +€2,052 | +10.0% |
| Stocks and contracts in progress | 3 | €6,511 | €3,427 | -€3,084 | -47.4% |
| Stocks | 30/36 | €6,511 | €3,427 | -€3,084 | -47.4% |
| Amounts receivable within one year | 40/41 | €3,582 | €2,402 | -€1,180 | -32.9% |
| Trade receivables | 40 | - | €1,485 | +€1,485 | |
| Other amounts receivable | 41 | €3,582 | €918 | -€2,665 | -74.4% |
| Cash at bank and in hand | 54/58 | €9,647 | €14,189 | +€4,542 | +47.1% |
| Deferred charges and accrued income | 490/1 | €709 | €2,482 | +€1,774 | +250% |
| Total equity and liabilities | 10/49 | €74,759 | €60,290 | -€14,469 | -19.4% |
| Equity | 10/15 | €17,954 | €19,412 | +€1,458 | +8.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,506 | -€1,048 | +€1,458 | +58.2% |
| Amounts payable | 17/49 | €56,805 | €40,878 | -€15,928 | -28.0% |
| Amounts payable after more than one year | 17 | €39,614 | €33,511 | -€6,103 | -15.4% |
| Financial debts | 170/4 | €6,614 | €511 | -€6,103 | -92.3% |
| Other amounts payable | 178/9 | €33,000 | €33,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,191 | €7,367 | -€9,824 | -57.1% |
| Current portion of amounts payable after more than one year | 42 | €6,049 | €6,103 | +€54 | +0.9% |
| Trade debts | 44 | €737 | €338 | -€399 | -54.2% |
| Suppliers | 440/4 | €737 | €338 | -€399 | -54.2% |
| Advances received on contracts in progress | 46 | €9,565 | - | -€9,565 | |
| Taxes, remuneration and social security | 45 | €840 | €926 | +€86 | +10.2% |
| Taxes | 450/3 | €840 | €926 | +€86 | +10.2% |
| Non-recurring operating income | 76A | - | €6,615 | +€6,615 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,595 | €25,050 | +€1,455 | +6.2% |
| Other operating charges | 640/8 | €5,922 | €1,285 | -€4,638 | -78.3% |
| Gross operating margin | 9900 | €9,220 | €28,409 | +€19,189 | +208% |
| Operating profit (loss) | 9901 | -€20,297 | €2,074 | +€22,371 | |
| Financial income | 75/76B | €295 | €3 | -€292 | -98.9% |
| Recurring financial income | 75 | €295 | €3 | -€292 | -98.9% |
| Financial charges | 65/66B | €633 | €451 | -€182 | -28.7% |
| Recurring financial charges | 65 | €633 | €451 | -€182 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,636 | €1,626 | +€22,262 | |
| Income taxes | 67/77 | -€1,932 | €168 | +€2,100 | |
| Profit (loss) for the period | 9904 | -€18,704 | €1,458 | +€20,162 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,704 | €1,458 | +€20,162 |
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 19 October 2026 via checked.be.