LIANDA: 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.
LIANDA
Largest movements
- Receivables within one year +€38,902
up €38,902 (+45.0%), from €86,365 to €125,267
of which Other amounts receivable: +€38,742
- Tangible fixed assets -€31,093
down €31,093 (-4.8%), from €651,094 to €620,002
of which Land and buildings: -€30,344
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€1,815
up €1,815 (+4.8%), from €37,874 to €39,689
- Taxes +€1,442
new in 2025: €1,442
- Financial income +€1,273
up €1,273 (+33.6%), from €3,790 to €5,063
- Depreciation +€429
up €429 (+1.4%), from €30,664 to €31,093
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 | €762,181 | €774,610 | +€12,430 | +1.6% |
| Fixed assets | 21/28 | €651,094 | €620,002 | -€31,093 | -4.8% |
| Tangible fixed assets | 22/27 | €651,094 | €620,002 | -€31,093 | -4.8% |
| Land and buildings | 22 | €648,973 | €618,628 | -€30,344 | -4.7% |
| Plant, machinery and equipment | 23 | €469 | €371 | -€98 | -20.9% |
| Furniture and vehicles | 24 | €1,653 | €1,003 | -€650 | -39.3% |
| Current assets | 29/58 | €111,086 | €154,609 | +€43,523 | +39.2% |
| Amounts receivable within one year | 40/41 | €86,365 | €125,267 | +€38,902 | +45.0% |
| Trade receivables | 40 | €3,524 | €3,684 | +€160 | +4.5% |
| Other amounts receivable | 41 | €82,840 | €121,583 | +€38,742 | +46.8% |
| Cash at bank and in hand | 54/58 | €23,894 | €28,491 | +€4,597 | +19.2% |
| Deferred charges and accrued income | 490/1 | €827 | €851 | +€24 | +2.9% |
| Total equity and liabilities | 10/49 | €762,181 | €774,610 | +€12,430 | +1.6% |
| Equity | 10/15 | €759,497 | €766,703 | +€7,206 | +0.9% |
| Contributions | 10/11 | €765,000 | €765,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,503 | €1,703 | +€7,206 | |
| Amounts payable | 17/49 | €2,683 | €7,908 | +€5,224 | +194.7% |
| Amounts payable within one year | 42/48 | €2,683 | €4,133 | +€1,450 | +54.0% |
| Trade debts | 44 | €2,683 | €2,691 | +€8 | +0.3% |
| Suppliers | 440/4 | €2,683 | €2,691 | +€8 | +0.3% |
| Taxes, remuneration and social security | 45 | - | €1,442 | +€1,442 | |
| Taxes | 450/3 | - | €1,442 | +€1,442 | |
| Accrued charges and deferred income | 492/3 | - | €3,775 | +€3,775 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,664 | €31,093 | +€429 | +1.4% |
| Other operating charges | 640/8 | €4,788 | €4,933 | +€146 | +3.0% |
| Gross operating margin | 9900 | €37,874 | €39,689 | +€1,815 | +4.8% |
| Operating profit (loss) | 9901 | €2,422 | €3,663 | +€1,241 | +51.2% |
| Financial income | 75/76B | €3,790 | €5,063 | +€1,273 | +33.6% |
| Recurring financial income | 75 | €3,790 | €5,063 | +€1,273 | +33.6% |
| Financial charges | 65/66B | €96 | €78 | -€18 | -18.3% |
| Recurring financial charges | 65 | €96 | €78 | -€18 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €6,117 | €8,648 | +€2,531 | +41.4% |
| Income taxes | 67/77 | - | €1,442 | +€1,442 | |
| Profit (loss) for the period | 9904 | €6,117 | €7,206 | +€1,089 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,117 | €7,206 | +€1,089 | +17.8% |
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 9 October 2026 via checked.be.