LIANDS: 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.
LIANDS
Largest movements
- Cash +€43,251
up €43,251 (+27342.7%), from €158 to €43,409
mainly Other debts (+€146,965) and Net result for the year (+€113,930)
- Receivables within one year -€38,797
down €38,797 (-83.9%), from €46,225 to €7,428
of which Trade receivables: -€46,222
- Other debts +€146,965
up €146,965 (+491.0%), from €29,933 to €176,898
- Debts after one year -€132,144
down €132,144 (-27.2%), from €486,481 to €354,337
- Tax, wage and social debts -€11,733
down €11,733 (-39.8%), from €29,514 to €17,781
- Financial income +€85,000
new in 2025: €85,000
- Gross operating margin -€19,952
down €19,952 (-27.5%), from €72,453 to €52,501
- Taxes -€8,210
down €8,210 (-54.5%), from €15,069 to €6,859
- Financial charges -€3,407
down €3,407 (-17.3%), from €19,722 to €16,315
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 | €646,849 | €651,316 | +€4,466 | +0.7% |
| Fixed assets | 21/28 | €600,000 | €600,000 | = | 0.0% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €46,849 | €51,316 | +€4,466 | +9.5% |
| Amounts receivable within one year | 40/41 | €46,225 | €7,428 | -€38,797 | -83.9% |
| Trade receivables | 40 | €46,222 | - | -€46,222 | |
| Other amounts receivable | 41 | €3 | €7,428 | +€7,425 | +285576.9% |
| Cash at bank and in hand | 54/58 | €158 | €43,409 | +€43,251 | +27342.7% |
| Deferred charges and accrued income | 490/1 | €467 | €479 | +€13 | +2.7% |
| Total equity and liabilities | 10/49 | €646,849 | €651,316 | +€4,466 | +0.7% |
| Equity | 10/15 | €59,500 | €59,530 | +€30 | +0.1% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €47,500 | €47,530 | +€30 | +0.1% |
| Distributable reserves | 133 | €47,500 | €47,530 | +€30 | +0.1% |
| Amounts payable | 17/49 | €587,349 | €591,786 | +€4,436 | +0.8% |
| Amounts payable after more than one year | 17 | €486,481 | €354,337 | -€132,144 | -27.2% |
| Financial debts | 170/4 | €486,481 | €354,337 | -€132,144 | -27.2% |
| Amounts payable within one year | 42/48 | €100,869 | €237,449 | +€136,580 | +135.4% |
| Current portion of amounts payable after more than one year | 42 | €40,877 | €42,436 | +€1,559 | +3.8% |
| Trade debts | 44 | €545 | €333 | -€212 | -38.8% |
| Suppliers | 440/4 | €545 | €333 | -€212 | -38.8% |
| Taxes, remuneration and social security | 45 | €29,514 | €17,781 | -€11,733 | -39.8% |
| Taxes | 450/3 | €29,514 | €17,781 | -€11,733 | -39.8% |
| Other amounts payable | 47/48 | €29,933 | €176,898 | +€146,965 | +491.0% |
| Other operating charges | 640/8 | €387 | €397 | +€10 | +2.6% |
| Gross operating margin | 9900 | €72,453 | €52,501 | -€19,952 | -27.5% |
| Operating profit (loss) | 9901 | €72,067 | €52,104 | -€19,962 | -27.7% |
| Financial income | 75/76B | - | €85,000 | +€85,000 | |
| Recurring financial income | 75 | - | €85,000 | +€85,000 | |
| Financial charges | 65/66B | €19,722 | €16,315 | -€3,407 | -17.3% |
| Recurring financial charges | 65 | €19,722 | €16,315 | -€3,407 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €52,344 | €120,789 | +€68,444 | +130.8% |
| Income taxes | 67/77 | €15,069 | €6,859 | -€8,210 | -54.5% |
| Profit (loss) for the period | 9904 | €37,275 | €113,930 | +€76,655 | +205.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,275 | €113,930 | +€76,655 | +205.6% |
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 30 September 2026 via checked.be.