LEDENE LISELOT: 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.
LEDENE LISELOT
Largest movements
- Current investments +€50,377
up €50,377 (+67.1%), from €75,089 to €125,465
- Receivables within one year +€17,932
up €17,932 (+320%), from €5,610 to €23,541
of which Trade receivables: +€17,932
- Cash -€16,720
down €16,720 (-24.6%), from €67,981 to €51,261
mainly Current investments (-€50,377) and Receivables within one year (-€17,932)
- Reserves +€38,369
up €38,369 (+28.0%), from €137,037 to €175,406
- Tax, wage and social debts +€15,514
up €15,514 (+132%), from €11,771 to €27,285
- Gross operating margin +€3,787
up €3,787 (+6.9%), from €54,889 to €58,676
- Taxes +€1,456
up €1,456 (+8.5%), from €17,213 to €18,670
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 | €151,880 | €203,935 | +€52,055 | +34.3% |
| Fixed assets | 21/28 | €2,991 | €2,916 | -€75 | -2.5% |
| Tangible fixed assets | 22/27 | €2,991 | €2,916 | -€75 | -2.5% |
| Plant, machinery and equipment | 23 | - | €1,211 | +€1,211 | |
| Furniture and vehicles | 24 | €1,944 | €1,258 | -€686 | -35.3% |
| Other tangible fixed assets | 26 | €1,047 | €447 | -€600 | -57.3% |
| Current assets | 29/58 | €148,889 | €201,019 | +€52,130 | +35.0% |
| Stocks and contracts in progress | 3 | - | €328 | +€328 | |
| Stocks | 30/36 | - | €328 | +€328 | |
| Amounts receivable within one year | 40/41 | €5,610 | €23,541 | +€17,932 | +320% |
| Trade receivables | 40 | €5,609 | €23,541 | +€17,932 | +320% |
| Other amounts receivable | 41 | €0 | €0 | -€0 | -100% |
| Current investments | 50/53 | €75,089 | €125,465 | +€50,377 | +67.1% |
| Cash at bank and in hand | 54/58 | €67,981 | €51,261 | -€16,720 | -24.6% |
| Deferred charges and accrued income | 490/1 | €209 | €423 | +€214 | +102% |
| Total equity and liabilities | 10/49 | €151,880 | €203,935 | +€52,055 | +34.3% |
| Equity | 10/15 | €138,037 | €176,406 | +€38,369 | +27.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €137,037 | €175,406 | +€38,369 | +28.0% |
| Distributable reserves | 133 | €137,037 | €175,406 | +€38,369 | +28.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €13,843 | €27,528 | +€13,686 | +98.9% |
| Amounts payable within one year | 42/48 | €13,843 | €27,528 | +€13,686 | +98.9% |
| Trade debts | 44 | €2,072 | €55 | -€2,017 | -97.4% |
| Suppliers | 440/4 | €2,072 | €55 | -€2,017 | -97.4% |
| Taxes, remuneration and social security | 45 | €11,771 | €27,285 | +€15,514 | +132% |
| Taxes | 450/3 | €11,771 | €27,285 | +€15,514 | +132% |
| Other amounts payable | 47/48 | - | €189 | +€189 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,432 | €1,416 | -€17 | -1.2% |
| Other operating charges | 640/8 | €528 | €610 | +€82 | +15.5% |
| Gross operating margin | 9900 | €54,889 | €58,676 | +€3,787 | +6.9% |
| Operating profit (loss) | 9901 | €52,929 | €56,651 | +€3,722 | +7.0% |
| Financial income | 75/76B | €127 | €538 | +€411 | +325% |
| Recurring financial income | 75 | €127 | €538 | +€411 | +325% |
| Financial charges | 65/66B | €122 | €150 | +€28 | +22.8% |
| Recurring financial charges | 65 | €122 | €150 | +€28 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €52,933 | €57,039 | +€4,105 | +7.8% |
| Income taxes | 67/77 | €17,213 | €18,670 | +€1,456 | +8.5% |
| Profit (loss) for the period | 9904 | €35,720 | €38,369 | +€2,649 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,720 | €38,369 | +€2,649 | +7.4% |
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 30 October 2026 via checked.be.