LIATRI: 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.
What changed
LIATRI
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€95,961
2024 · €131,417-€35,456
Equity
€777,291
2024 · €711,330+€65,961
Cash
€213,282
2024 · €115,183+€98,099
Balance sheet total
€2.4m
2024 · €2.4m+€60,301
Largest movements
Assets
- Cash +€98,099
up €98,099 (+85.2%), from €115,183 to €213,282
mainly Depreciation (+€211,040) and Net result for the year (+€95,961)
- Tangible fixed assets -€88,719
down €88,719 (-5.0%), from €1.8m to €1.7m
of which Land and buildings: -€63,865
- Receivables within one year +€54,859
up €54,859 (+965.3%), from €5,683 to €60,542
of which Trade receivables: +€29,851
Equity and liabilities
- Other debts -€67,881
down €67,881 (-65.4%), from €103,714 to €35,833
- Profit (loss) carried forward +€65,961
up €65,961 (+12.3%), from €535,858 to €601,818
- Trade debts +€47,683
up €47,683 (+12.6%), from €378,834 to €426,517
Income statement
- Turnover +€6.0m
new in 2025: €6.0m
- Purchases and services +€5.1m
new in 2025: €5.1m
- Staff costs +€79,454
up €79,454 (+18.4%), from €431,120 to €510,574
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.
Result 2024
€131,417
Gross operating margin
+€41,708
Staff costs
-€79,454
Depreciation
+€2,021
Other operating charges
-€551
Financial income
-€12
Financial charges
+€8,199
Taxes
-€7,366
Result 2025
€95,961
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.
From operations
+€253,483
Investment
-€105,521
Financing
-€49,863
Cash 2024
€115,183
From operations (derived)
+€253,483
Net result for the year
+€95,961
Depreciation
+€211,040
Stocks and contracts
-€12,345
Receivables within one year
-€54,859
Deferred charges and accrued income
-€517
Trade debts
+€47,683
Tax, wage and social debts
+€19,162
Other debts
-€67,881
Accrued charges and deferred income
+€15,238
Investment (derived)
-€105,521
Investment in fixed assets (net)
-€105,521
Financing
-€49,863
Debts after one year
-€14,686
Current portion of long-term debt
-€5,177
Contributions, distributions and other
-€30,000
Cash 2025
€213,282
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,386,282 | €2,446,583 | +€60,301 | +2.5% |
| Formation expenses | 20 | €58,754 | €41,954 | -€16,800 | -28.6% |
| Fixed assets | 21/28 | €1,780,194 | €1,691,475 | -€88,719 | -5.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,780,194 | €1,691,475 | -€88,719 | -5.0% |
| Land and buildings | 22 | €1,465,444 | €1,401,579 | -€63,865 | -4.4% |
| Plant, machinery and equipment | 23 | €304,897 | €283,257 | -€21,641 | -7.1% |
| Furniture and vehicles | 24 | €9,852 | €6,639 | -€3,213 | -32.6% |
| Current assets | 29/58 | €547,334 | €713,154 | +€165,820 | +30.3% |
| Stocks and contracts in progress | 3 | €354,493 | €366,838 | +€12,345 | +3.5% |
| Stocks | 30/36 | €354,493 | €366,838 | +€12,345 | +3.5% |
| Amounts receivable within one year | 40/41 | €5,683 | €60,542 | +€54,859 | +965.3% |
| Trade receivables | 40 | €4,902 | €34,753 | +€29,851 | +609.0% |
| Other amounts receivable | 41 | €781 | €25,789 | +€25,008 | +3200.7% |
| Cash at bank and in hand | 54/58 | €115,183 | €213,282 | +€98,099 | +85.2% |
| Deferred charges and accrued income | 490/1 | €71,975 | €72,491 | +€517 | +0.7% |
| Total equity and liabilities | 10/49 | €2,386,282 | €2,446,583 | +€60,301 | +2.5% |
| Equity | 10/15 | €711,330 | €777,291 | +€65,961 | +9.3% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €473 | €473 | = | 0.0% |
| Tax-exempt reserves | 132 | €473 | €473 | = | 0.0% |
| Profit (loss) carried forward | 14 | €535,858 | €601,818 | +€65,961 | +12.3% |
| Amounts payable | 17/49 | €1,674,952 | €1,669,292 | -€5,660 | -0.3% |
| Amounts payable after more than one year | 17 | €1,057,408 | €1,042,722 | -€14,686 | -1.4% |
| Financial debts | 170/4 | €657,408 | €642,722 | -€14,686 | -2.2% |
| Other amounts payable | 178/9 | €400,000 | €400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €616,514 | €610,303 | -€6,212 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €69,863 | €64,686 | -€5,177 | -7.4% |
| Trade debts | 44 | €378,834 | €426,517 | +€47,683 | +12.6% |
| Suppliers | 440/4 | €378,834 | €426,517 | +€47,683 | +12.6% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €64,103 | €83,266 | +€19,162 | +29.9% |
| Taxes | 450/3 | €12,178 | €1,591 | -€10,587 | -86.9% |
| Remuneration and social security | 454/9 | €51,925 | €81,674 | +€29,749 | +57.3% |
| Other amounts payable | 47/48 | €103,714 | €35,833 | -€67,881 | -65.4% |
| Accrued charges and deferred income | 492/3 | €1,030 | €16,268 | +€15,238 | +1480.1% |
| Turnover | 70 | - | €5,989,768 | +€6.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €5,104,465 | +€5.1m | |
| Remuneration, social security and pensions | 62 | €431,120 | €510,574 | +€79,454 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €213,060 | €211,040 | -€2,021 | -0.9% |
| Other operating charges | 640/8 | €19,519 | €20,070 | +€551 | +2.8% |
| Gross operating margin | 9900 | €848,033 | €889,740 | +€41,708 | +4.9% |
| Operating profit (loss) | 9901 | €184,334 | €148,057 | -€36,277 | -19.7% |
| Financial income | 75/76B | €33 | €21 | -€12 | -36.9% |
| Recurring financial income | 75 | €33 | €21 | -€12 | -36.9% |
| Financial charges | 65/66B | €40,772 | €32,573 | -€8,199 | -20.1% |
| Recurring financial charges | 65 | €40,772 | €32,573 | -€8,199 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €143,595 | €115,505 | -€28,090 | -19.6% |
| Income taxes | 67/77 | €12,178 | €19,544 | +€7,366 | +60.5% |
| Profit (loss) for the period | 9904 | €131,417 | €95,961 | -€35,456 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €131,417 | €95,961 | -€35,456 | -27.0% |
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 30 September 2026 via checked.be.