LIANAX: 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.
LIANAX
Largest movements
- Financial fixed assets -€300,000
down €300,000 (-99.3%), from €302,072 to €2,072
- Cash +€106,277
up €106,277 (+91.2%), from €116,488 to €222,765
mainly Investment in fixed assets (net) (+€285,560) and Depreciation (+€54,874)
- Tangible fixed assets -€40,434
down €40,434 (-5.9%), from €690,397 to €649,963
- Receivables within one year -€15,332
down €15,332 (-32.9%), from €46,565 to €31,233
of which Trade receivables: -€35,000
- Contributions -€134,405
down €134,405 (-61.8%), from €217,500 to €83,095
- Reserves -€133,578
down €133,578 (-49.8%), from €267,972 to €134,394
of which Distributable reserves: -€120,895
- Other debts +€22,801
up €22,801 (+3.4%), from €669,000 to €691,801
- Staff costs -€50,327
down €50,327 (-90.8%), from €55,402 to €5,075
- Taxes +€8,941
up €8,941 (+422%), from €2,119 to €11,061
- Other operating charges +€5,341
up €5,341 (+54.0%), from €9,896 to €15,237
- Gross operating margin -€4,754
down €4,754 (-3.0%), from €159,578 to €154,824
- Financial charges +€2,738
up €2,738 (+8.1%), from €33,822 to €36,560
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 | €1,176,199 | €925,865 | -€250,334 | -21.3% |
| Fixed assets | 21/28 | €992,469 | €652,035 | -€340,434 | -34.3% |
| Tangible fixed assets | 22/27 | €690,397 | €649,963 | -€40,434 | -5.9% |
| Land and buildings | 22 | €690,397 | €649,963 | -€40,434 | -5.9% |
| Financial fixed assets | 28 | €302,072 | €2,072 | -€300,000 | -99.3% |
| Current assets | 29/58 | €183,731 | €273,830 | +€90,099 | +49.0% |
| Amounts receivable within one year | 40/41 | €46,565 | €31,233 | -€15,332 | -32.9% |
| Trade receivables | 40 | €40,000 | €5,000 | -€35,000 | -87.5% |
| Other amounts receivable | 41 | €6,565 | €26,233 | +€19,668 | +300% |
| Cash at bank and in hand | 54/58 | €116,488 | €222,765 | +€106,277 | +91.2% |
| Deferred charges and accrued income | 490/1 | €20,678 | €19,832 | -€845 | -4.1% |
| Total equity and liabilities | 10/49 | €1,176,199 | €925,865 | -€250,334 | -21.3% |
| Equity | 10/15 | €485,472 | €217,489 | -€267,983 | -55.2% |
| Contributions | 10/11 | €217,500 | €83,095 | -€134,405 | -61.8% |
| Capital | 10 | €217,500 | €83,095 | -€134,405 | -61.8% |
| Issued capital | 100 | €217,500 | €83,095 | -€134,405 | -61.8% |
| Reserves | 13 | €267,972 | €134,394 | -€133,578 | -49.8% |
| Non-distributable reserves | 130/1 | €15,615 | €5,966 | -€9,649 | -61.8% |
| Legal reserve | 130 | €15,615 | €5,966 | -€9,649 | -61.8% |
| Tax-exempt reserves | 132 | €4,908 | €1,875 | -€3,033 | -61.8% |
| Distributable reserves | 133 | €247,449 | €126,554 | -€120,895 | -48.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €690,727 | €708,376 | +€17,649 | +2.6% |
| Amounts payable within one year | 42/48 | €690,727 | €708,376 | +€17,649 | +2.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,341 | €5,703 | +€2,362 | +70.7% |
| Suppliers | 440/4 | €3,341 | €5,703 | +€2,362 | +70.7% |
| Taxes, remuneration and social security | 45 | €18,387 | €10,872 | -€7,515 | -40.9% |
| Taxes | 450/3 | €11,998 | €10,872 | -€1,126 | -9.4% |
| Remuneration and social security | 454/9 | €6,389 | €0 | -€6,389 | -100% |
| Other amounts payable | 47/48 | €669,000 | €691,801 | +€22,801 | +3.4% |
| Remuneration, social security and pensions | 62 | €55,402 | €5,075 | -€50,327 | -90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,897 | €54,874 | +€977 | +1.8% |
| Other operating charges | 640/8 | €9,896 | €15,237 | +€5,341 | +54.0% |
| Gross operating margin | 9900 | €159,578 | €154,824 | -€4,754 | -3.0% |
| Operating profit (loss) | 9901 | €40,383 | €79,637 | +€39,254 | +97.2% |
| Financial income | 75/76B | €40 | €0 | -€40 | -100% |
| Recurring financial income | 75 | €40 | €0 | -€40 | -100% |
| Financial charges | 65/66B | €33,822 | €36,560 | +€2,738 | +8.1% |
| Recurring financial charges | 65 | €33,822 | €36,560 | +€2,738 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €6,602 | €43,078 | +€36,476 | +553% |
| Income taxes | 67/77 | €2,119 | €11,061 | +€8,941 | +422% |
| Profit (loss) for the period | 9904 | €4,482 | €32,017 | +€27,535 | +614% |
| Profit (loss) for the period to be appropriated | 9905 | €4,482 | €32,017 | +€27,535 | +614% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.