LA LISIERE: 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 LISIERE
Largest movements
- Tangible fixed assets -€147,156
down €147,156 (-6.4%), from €2.3m to €2.1m
of which Leasing and similar rights: -€79,745
- Receivables within one year +€123,095
up €123,095 (+29.3%), from €419,624 to €542,718
of which Trade receivables: +€108,429
- Debts after one year -€192,950
down €192,950 (-12.2%), from €1.6m to €1.4m
of which Financial debts: -€192,950
- Advances received +€157,440
new in 2025: €157,440
- Other debts +€112,779
up €112,779 (+4.2%), from €2.7m to €2.8m
- Profit (loss) carried forward -€80,276
down €80,276 (-59.0%), from €136,065 to €55,789
- Taxes -€125,720
down €125,720 (-94.3%), from €133,380 to €7,660
- Depreciation +€24,969
up €24,969 (+19.4%), from €128,969 to €153,938
- Other operating charges -€21,583
down €21,583 (-42.7%), from €50,494 to €28,911
- Financial charges +€5,487
up €5,487 (+8.3%), from €66,078 to €71,565
- Gross operating margin +€1,986
up €1,986 (+1.5%), from €132,928 to €134,914
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 | €5,880,330 | €5,851,024 | -€29,306 | -0.5% |
| Fixed assets | 21/28 | €5,429,742 | €5,282,976 | -€146,766 | -2.7% |
| Tangible fixed assets | 22/27 | €2,290,471 | €2,143,315 | -€147,156 | -6.4% |
| Land and buildings | 22 | €2,034,401 | €1,961,554 | -€72,847 | -3.6% |
| Furniture and vehicles | 24 | €3,730 | €9,165 | +€5,436 | +146% |
| Leasing and similar rights | 25 | €252,340 | €172,596 | -€79,745 | -31.6% |
| Financial fixed assets | 28 | €3,139,270 | €3,139,660 | +€390 | 0.0% |
| Current assets | 29/58 | €450,588 | €568,048 | +€117,460 | +26.1% |
| Amounts receivable within one year | 40/41 | €419,624 | €542,718 | +€123,095 | +29.3% |
| Trade receivables | 40 | - | €108,429 | +€108,429 | |
| Other amounts receivable | 41 | €419,624 | €434,290 | +€14,666 | +3.5% |
| Cash at bank and in hand | 54/58 | €18,148 | €19,177 | +€1,029 | +5.7% |
| Deferred charges and accrued income | 490/1 | €12,817 | €6,153 | -€6,664 | -52.0% |
| Total equity and liabilities | 10/49 | €5,880,330 | €5,851,024 | -€29,306 | -0.5% |
| Equity | 10/15 | €896,108 | €791,513 | -€104,595 | -11.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €698,543 | €674,224 | -€24,319 | -3.5% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €692,393 | €668,074 | -€24,319 | -3.5% |
| Profit (loss) carried forward | 14 | €136,065 | €55,789 | -€80,276 | -59.0% |
| Provisions and deferred taxes | 16 | €299,026 | €288,421 | -€10,605 | -3.5% |
| Deferred taxes | 168 | €299,026 | €288,421 | -€10,605 | -3.5% |
| Amounts payable | 17/49 | €4,685,196 | €4,771,090 | +€85,894 | +1.8% |
| Amounts payable after more than one year | 17 | €1,582,588 | €1,389,639 | -€192,950 | -12.2% |
| Financial debts | 170/4 | €1,575,188 | €1,382,239 | -€192,950 | -12.2% |
| Other amounts payable | 178/9 | €7,400 | €7,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,102,538 | €3,371,456 | +€268,917 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €196,320 | €194,832 | -€1,488 | -0.8% |
| Trade debts | 44 | €95,248 | €87,774 | -€7,474 | -7.8% |
| Suppliers | 440/4 | €95,248 | €87,774 | -€7,474 | -7.8% |
| Advances received on contracts in progress | 46 | - | €157,440 | +€157,440 | |
| Taxes, remuneration and social security | 45 | €133,380 | €141,040 | +€7,660 | +5.7% |
| Taxes | 450/3 | €133,380 | €141,040 | +€7,660 | +5.7% |
| Other amounts payable | 47/48 | €2,677,591 | €2,790,370 | +€112,779 | +4.2% |
| Accrued charges and deferred income | 492/3 | €70 | €9,996 | +€9,926 | +14,223% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,969 | €153,938 | +€24,969 | +19.4% |
| Other operating charges | 640/8 | €50,494 | €28,911 | -€21,583 | -42.7% |
| Gross operating margin | 9900 | €132,928 | €134,914 | +€1,986 | +1.5% |
| Operating profit (loss) | 9901 | -€46,536 | -€47,936 | -€1,401 | -3.0% |
| Financial income | 75/76B | €12,264 | €11,962 | -€302 | -2.5% |
| Recurring financial income | 75 | €12,264 | €11,962 | -€302 | -2.5% |
| Financial charges | 65/66B | €66,078 | €71,565 | +€5,487 | +8.3% |
| Recurring financial charges | 65 | €66,078 | €71,565 | +€5,487 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | -€100,349 | -€107,539 | -€7,190 | -7.2% |
| Transfer from deferred taxes | 780 | €223,497 | €10,605 | -€212,892 | -95.3% |
| Income taxes | 67/77 | €133,380 | €7,660 | -€125,720 | -94.3% |
| Profit (loss) for the period | 9904 | -€10,232 | -€104,595 | -€94,362 | -922% |
| Transfer from tax-exempt reserves | 789 | €662,995 | €24,319 | -€638,676 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €652,762 | -€80,276 | -€733,038 |
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 17 October 2026 via checked.be.