LIAN: 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.
LIAN
Largest movements
- Tangible fixed assets +€37,072
up €37,072 (+427.5%), from €8,671 to €45,744
- Stocks and contracts -€23,919
down €23,919 (-27.8%), from €85,908 to €61,989
- Cash +€9,530
up €9,530 (+59.3%), from €16,072 to €25,602
mainly Stocks and contracts (+€23,919) and Trade debts (+€22,463)
- Receivables within one year +€5,795
up €5,795 (+59.6%), from €9,730 to €15,525
of which Other amounts receivable: +€8,661
- Trade debts +€22,463
up €22,463 (+17.4%), from €128,961 to €151,424
- Accrued charges and deferred income +€12,000
new in 2025: €12,000
- Other debts -€5,000
no longer reported in 2025 (was €5,000)
- Tax, wage and social debts -€3,505
down €3,505 (-27.1%), from €12,949 to €9,444
of which Taxes: -€2,328
- Profit (loss) carried forward +€2,521
up €2,521 (+7.3%), from -€34,749 to -€32,228
- Gross operating margin -€10,164
down €10,164 (-8.6%), from €118,020 to €107,856
- Staff costs -€9,252
down €9,252 (-9.1%), from €101,280 to €92,028
- Depreciation +€2,720
up €2,720 (+104.5%), from €2,604 to €5,324
- Taxes -€1,456
down €1,456 (-62.6%), from €2,328 to €871
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 | €120,381 | €148,861 | +€28,479 | +23.7% |
| Fixed assets | 21/28 | €8,671 | €45,744 | +€37,072 | +427.5% |
| Tangible fixed assets | 22/27 | €8,671 | €45,744 | +€37,072 | +427.5% |
| Plant, machinery and equipment | 23 | €8,671 | €45,744 | +€37,072 | +427.5% |
| Current assets | 29/58 | €111,710 | €103,117 | -€8,593 | -7.7% |
| Stocks and contracts in progress | 3 | €85,908 | €61,989 | -€23,919 | -27.8% |
| Stocks | 30/36 | €85,908 | €61,989 | -€23,919 | -27.8% |
| Amounts receivable within one year | 40/41 | €9,730 | €15,525 | +€5,795 | +59.6% |
| Trade receivables | 40 | €6,692 | €3,825 | -€2,866 | -42.8% |
| Other amounts receivable | 41 | €3,038 | €11,700 | +€8,661 | +285.1% |
| Cash at bank and in hand | 54/58 | €16,072 | €25,602 | +€9,530 | +59.3% |
| Total equity and liabilities | 10/49 | €120,381 | €148,861 | +€28,479 | +23.7% |
| Equity | 10/15 | -€26,529 | -€24,007 | +€2,521 | +9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,021 | €2,021 | = | 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% |
| Tax-exempt reserves | 132 | €161 | €161 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,749 | -€32,228 | +€2,521 | +7.3% |
| Amounts payable | 17/49 | €146,910 | €172,868 | +€25,958 | +17.7% |
| Amounts payable within one year | 42/48 | €146,910 | €160,868 | +€13,958 | +9.5% |
| Trade debts | 44 | €128,961 | €151,424 | +€22,463 | +17.4% |
| Suppliers | 440/4 | €128,961 | €151,424 | +€22,463 | +17.4% |
| Taxes, remuneration and social security | 45 | €12,949 | €9,444 | -€3,505 | -27.1% |
| Taxes | 450/3 | €2,328 | - | -€2,328 | |
| Remuneration and social security | 454/9 | €10,621 | €9,444 | -€1,177 | -11.1% |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Accrued charges and deferred income | 492/3 | - | €12,000 | +€12,000 | |
| Remuneration, social security and pensions | 62 | €101,280 | €92,028 | -€9,252 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,604 | €5,324 | +€2,720 | +104.5% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €118,020 | €107,856 | -€10,164 | -8.6% |
| Operating profit (loss) | 9901 | €14,018 | €10,383 | -€3,635 | -25.9% |
| Financial income | 75/76B | €1,341 | €1,020 | -€322 | -24.0% |
| Recurring financial income | 75 | €1,341 | €1,020 | -€322 | -24.0% |
| Financial charges | 65/66B | €8,525 | €8,010 | -€515 | -6.0% |
| Recurring financial charges | 65 | €8,525 | €8,010 | -€515 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €6,834 | €3,393 | -€3,441 | -50.4% |
| Income taxes | 67/77 | €2,328 | €871 | -€1,456 | -62.6% |
| Profit (loss) for the period | 9904 | €4,506 | €2,521 | -€1,985 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,506 | €2,521 | -€1,985 | -44.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.