LIAN & C°: 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.
LIAN & C°
Largest movements
- Tangible fixed assets +€46,534
up €46,534 (+1.7%), from €2.7m to €2.8m
of which Furniture and vehicles: +€54,409
- Cash +€36,462
up €36,462 (+3,000%), from €1,215 to €37,677
mainly Net result for the year (+€138,512) and Other debts (+€34,338)
- Profit (loss) carried forward +€138,512
up €138,512 (+21.8%), from -€635,671 to -€497,159
- Debts after one year -€90,374
down €90,374 (-7.8%), from €1.2m to €1.1m
- Other debts +€34,338
up €34,338 (+1.4%), from €2.4m to €2.5m
- Gross operating margin -€23,408
down €23,408 (-9.4%), from €250,308 to €226,900
- Depreciation +€13,084
up €13,084 (+99.9%), from €13,098 to €26,182
- Financial charges -€11,329
down €11,329 (-27.3%), from €41,535 to €30,206
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 | €3,320,641 | €3,403,817 | +€83,176 | +2.5% |
| Fixed assets | 21/28 | €3,318,049 | €3,364,583 | +€46,534 | +1.4% |
| Tangible fixed assets | 22/27 | €2,718,049 | €2,764,583 | +€46,534 | +1.7% |
| Land and buildings | 22 | €240,951 | €233,065 | -€7,885 | -3.3% |
| Plant, machinery and equipment | 23 | €1,270 | €3,443 | +€2,172 | +171% |
| Furniture and vehicles | 24 | €5,952 | €60,361 | +€54,409 | +914% |
| Other tangible fixed assets | 26 | €2,469,877 | €2,467,714 | -€2,163 | -0.1% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €2,592 | €39,233 | +€36,642 | +1,414% |
| Amounts receivable within one year | 40/41 | €71 | €26 | -€45 | -63.8% |
| Other amounts receivable | 41 | €71 | €26 | -€45 | -63.8% |
| Cash at bank and in hand | 54/58 | €1,215 | €37,677 | +€36,462 | +3,000% |
| Deferred charges and accrued income | 490/1 | €1,306 | €1,531 | +€225 | +17.2% |
| Total equity and liabilities | 10/49 | €3,320,641 | €3,403,817 | +€83,176 | +2.5% |
| Equity | 10/15 | -€350,209 | -€211,698 | +€138,512 | +39.6% |
| Contributions | 10/11 | €242,919 | €242,919 | = | 0.0% |
| Reserves | 13 | €42,543 | €42,543 | = | 0.0% |
| Distributable reserves | 133 | €42,543 | €42,543 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€635,671 | -€497,159 | +€138,512 | +21.8% |
| Amounts payable | 17/49 | €3,670,850 | €3,615,514 | -€55,336 | -1.5% |
| Amounts payable after more than one year | 17 | €1,152,496 | €1,062,122 | -€90,374 | -7.8% |
| Financial debts | 170/4 | €1,152,496 | €1,062,122 | -€90,374 | -7.8% |
| Amounts payable within one year | 42/48 | €2,518,355 | €2,553,393 | +€35,038 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €87,660 | €89,677 | +€2,018 | +2.3% |
| Trade debts | 44 | €2,091 | €715 | -€1,376 | -65.8% |
| Suppliers | 440/4 | €2,091 | €715 | -€1,376 | -65.8% |
| Taxes, remuneration and social security | 45 | €400 | €459 | +€59 | +14.7% |
| Taxes | 450/3 | €400 | €459 | +€59 | +14.7% |
| Other amounts payable | 47/48 | €2,428,204 | €2,462,542 | +€34,338 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,098 | €26,182 | +€13,084 | +99.9% |
| Other operating charges | 640/8 | €31,987 | €31,794 | -€193 | -0.6% |
| Gross operating margin | 9900 | €250,308 | €226,900 | -€23,408 | -9.4% |
| Operating profit (loss) | 9901 | €205,223 | €168,924 | -€36,299 | -17.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -75.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -75.0% |
| Financial charges | 65/66B | €41,535 | €30,206 | -€11,329 | -27.3% |
| Recurring financial charges | 65 | €41,535 | €30,206 | -€11,329 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €163,688 | €138,718 | -€24,970 | -15.3% |
| Income taxes | 67/77 | - | €206 | +€206 | |
| Profit (loss) for the period | 9904 | €163,688 | €138,512 | -€25,176 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €163,688 | €138,512 | -€25,176 | -15.4% |
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 19 October 2026 via checked.be.