LI.E.A.: what changed
Two fiscal 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.
LI.E.A.
Largest movements
- Receivables within one year +€16,002
up €16,002 (+8.8%), from €182,203 to €198,205
of which Trade receivables: +€8,545
- Cash -€5,946
down €5,946 (-6.5%), from €91,770 to €85,825
mainly Contributions, distributions and other (-€82,353) and Receivables within one year (-€16,002)
- Tangible fixed assets -€4,435
down €4,435 (-31.0%), from €14,316 to €9,882
- Profit (loss) carried forward +€6,483
up €6,483 (+2.9%), from €226,025 to €232,508
- Gross operating margin +€64,593
up €64,593 (+90.5%), from €71,388 to €135,981
- Taxes +€34,501
up €34,501 (+230.0%), from €15,000 to €49,501
- Financial income +€3,682
up €3,682 (+92.8%), from €3,968 to €7,651
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.
Cash bridge derived
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 | €288,290 | €293,911 | +€5,622 | +2.0% |
| Fixed assets | 21/28 | €14,316 | €9,882 | -€4,435 | -31.0% |
| Tangible fixed assets | 22/27 | €14,316 | €9,882 | -€4,435 | -31.0% |
| Furniture and vehicles | 24 | €14,316 | €9,882 | -€4,435 | -31.0% |
| Current assets | 29/58 | €273,973 | €284,030 | +€10,057 | +3.7% |
| Amounts receivable within one year | 40/41 | €182,203 | €198,205 | +€16,002 | +8.8% |
| Trade receivables | 40 | - | €8,545 | +€8,545 | |
| Other amounts receivable | 41 | €182,203 | €189,660 | +€7,457 | +4.1% |
| Cash at bank and in hand | 54/58 | €91,770 | €85,825 | -€5,946 | -6.5% |
| Total equity and liabilities | 10/49 | €288,290 | €293,911 | +€5,622 | +2.0% |
| Equity | 10/15 | €234,085 | €240,568 | +€6,483 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,025 | €232,508 | +€6,483 | +2.9% |
| Provisions and deferred taxes | 16 | €50,000 | €50,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €50,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €4,205 | €3,344 | -€861 | -20.5% |
| Amounts payable within one year | 42/48 | €4,205 | €3,344 | -€861 | -20.5% |
| Trade debts | 44 | €4,205 | €3,344 | -€861 | -20.5% |
| Suppliers | 440/4 | €4,205 | €3,344 | -€861 | -20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,681 | €4,435 | -€1,246 | -21.9% |
| Other operating charges | 640/8 | €593 | €596 | +€3 | +0.5% |
| Gross operating margin | 9900 | €71,388 | €135,981 | +€64,593 | +90.5% |
| Operating profit (loss) | 9901 | €65,113 | €130,950 | +€65,837 | +101.1% |
| Financial income | 75/76B | €3,968 | €7,651 | +€3,682 | +92.8% |
| Recurring financial income | 75 | €3,968 | €7,651 | +€3,682 | +92.8% |
| Financial charges | 65/66B | €255 | €263 | +€8 | +3.1% |
| Recurring financial charges | 65 | €255 | €263 | +€8 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €68,826 | €138,337 | +€69,511 | +101.0% |
| Income taxes | 67/77 | €15,000 | €49,501 | +€34,501 | +230.0% |
| Profit (loss) for the period | 9904 | €53,826 | €88,836 | +€35,010 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,826 | €88,836 | +€35,010 | +65.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.