Lia Linelli: 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.
Lia Linelli
Largest movements
- Cash +€18,574
up €18,574 (+271%), from €6,844 to €25,418
mainly Tax, wage and social debts (+€11,644) and Receivables within one year (+€2,549)
- Receivables within one year -€2,549
down €2,549 (-34.3%), from €7,441 to €4,892
of which Trade receivables: -€3,605
- Stocks and contracts -€912
down €912 (-21.1%), from €4,312 to €3,400
- Tangible fixed assets +€844
up €844 (+25.9%), from €3,256 to €4,100
of which Furniture and vehicles: +€1,720
- Tax, wage and social debts +€11,644
up €11,644 (+725%), from €1,607 to €13,251
of which Taxes: +€9,644
- Other debts +€1,902
up €1,902 (+66.3%), from €2,869 to €4,771
- Trade debts +€1,829
up €1,829 (+52.0%), from €3,518 to €5,347
- Profit (loss) carried forward +€1,229
up €1,229 (+26.1%), from -€4,715 to -€3,485
- Staff costs -€22,007
no longer reported in 2025 (was €22,007)
- Gross operating margin -€12,891
down €12,891 (-57.2%), from €22,545 to €9,654
- Financial income -€8,427
down €8,427 (-76.2%), from €11,055 to €2,628
of which Non-recurring financial income: -€11,000
- Other operating charges -€2,962
down €2,962 (-28.6%), from €10,373 to €7,411
- Depreciation -€629
down €629 (-31.9%), from €1,973 to €1,343
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 | €30,155 | €46,298 | +€16,143 | +53.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €8,664 | €9,509 | +€844 | +9.7% |
| Tangible fixed assets | 22/27 | €3,256 | €4,100 | +€844 | +25.9% |
| Land and buildings | 22 | €2,085 | €1,622 | -€463 | -22.2% |
| Plant, machinery and equipment | 23 | €413 | €0 | -€413 | -100% |
| Furniture and vehicles | 24 | €758 | €2,478 | +€1,720 | +227% |
| Financial fixed assets | 28 | €5,409 | €5,409 | = | 0.0% |
| Current assets | 29/58 | €21,490 | €36,789 | +€15,299 | +71.2% |
| Stocks and contracts in progress | 3 | €4,312 | €3,400 | -€912 | -21.1% |
| Stocks | 30/36 | €4,312 | €3,400 | -€912 | -21.1% |
| Amounts receivable within one year | 40/41 | €7,441 | €4,892 | -€2,549 | -34.3% |
| Trade receivables | 40 | €3,605 | - | -€3,605 | |
| Other amounts receivable | 41 | €3,836 | €4,892 | +€1,056 | +27.5% |
| Cash at bank and in hand | 54/58 | €6,844 | €25,418 | +€18,574 | +271% |
| Deferred charges and accrued income | 490/1 | €2,893 | €3,079 | +€186 | +6.4% |
| Total equity and liabilities | 10/49 | €30,155 | €46,298 | +€16,143 | +53.5% |
| Equity | 10/15 | €21,700 | €22,929 | +€1,229 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,815 | €7,815 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,690 | €3,690 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,690 | €3,690 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,125 | €4,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,715 | -€3,485 | +€1,229 | +26.1% |
| Amounts payable | 17/49 | €8,455 | €23,368 | +€14,914 | +176% |
| Amounts payable within one year | 42/48 | €8,455 | €23,368 | +€14,914 | +176% |
| Trade debts | 44 | €3,518 | €5,347 | +€1,829 | +52.0% |
| Suppliers | 440/4 | €3,518 | €5,347 | +€1,829 | +52.0% |
| Advances received on contracts in progress | 46 | €461 | - | -€461 | |
| Taxes, remuneration and social security | 45 | €1,607 | €13,251 | +€11,644 | +725% |
| Taxes | 450/3 | €1,607 | €11,251 | +€9,644 | +600% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €2,869 | €4,771 | +€1,902 | +66.3% |
| Non-recurring operating income | 76A | €6,872 | €250 | -€6,622 | -96.4% |
| Remuneration, social security and pensions | 62 | €22,007 | - | -€22,007 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,973 | €1,343 | -€629 | -31.9% |
| Other operating charges | 640/8 | €10,373 | €7,411 | -€2,962 | -28.6% |
| Non-recurring operating charges | 66A | €1,960 | - | -€1,960 | |
| Gross operating margin | 9900 | €22,545 | €9,654 | -€12,891 | -57.2% |
| Operating profit (loss) | 9901 | -€13,768 | €900 | +€14,667 | |
| Financial income | 75/76B | €11,055 | €2,628 | -€8,427 | -76.2% |
| Recurring financial income | 75 | €55 | €2,628 | +€2,573 | +4,641% |
| Non-recurring financial income | 76B | €11,000 | - | -€11,000 | |
| Financial charges | 65/66B | €2,477 | €2,153 | -€324 | -13.1% |
| Recurring financial charges | 65 | €2,477 | €2,153 | -€324 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,189 | €1,375 | +€6,564 | |
| Income taxes | 67/77 | €168 | €146 | -€22 | -13.1% |
| Profit (loss) for the period | 9904 | -€5,357 | €1,229 | +€6,586 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,357 | €1,229 | +€6,586 |
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 31 October 2026 via checked.be.