Liatris: 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.
Liatris
Largest movements
- Receivables within one year +€43,785
up €43,785 (+62.8%), from €69,727 to €113,512
of which Trade receivables: +€45,595
- Cash -€14,385
down €14,385 (-84.8%), from €16,971 to €2,586
mainly Receivables within one year (-€43,785) and Debts after one year (-€25,985)
- Tangible fixed assets -€10,531
down €10,531 (-32.8%), from €32,143 to €21,612
of which Furniture and vehicles: -€10,214
- Deferred charges and accrued income +€6,622
up €6,622 (+463.2%), from €1,430 to €8,052
- Current investments -€2,613
down €2,613 (-41.2%), from €6,340 to €3,727
- Profit (loss) carried forward +€52,733
up €52,733 (+52.8%), from €99,913 to €152,646
- Debts after one year -€25,985
down €25,985 (-56.8%), from €45,713 to €19,728
- Other debts -€8,994
down €8,994 (-57.0%), from €15,788 to €6,795
- Current portion of long-term debt +€6,666
up €6,666 (+62.5%), from €10,665 to €17,331
- Trade debts -€5,514
down €5,514 (-86.4%), from €6,382 to €868
- Gross operating margin +€13,089
up €13,089 (+21.3%), from €61,414 to €74,503
- Financial income +€6,349
up €6,349 (+1298.9%), from €489 to €6,838
- Taxes +€3,461
up €3,461 (+30.5%), from €11,357 to €14,817
- Financial charges +€1,296
up €1,296 (+116.0%), from €1,117 to €2,412
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 | €203,611 | €226,490 | +€22,879 | +11.2% |
| Fixed assets | 21/28 | €109,143 | €98,612 | -€10,531 | -9.6% |
| Tangible fixed assets | 22/27 | €32,143 | €21,612 | -€10,531 | -32.8% |
| Plant, machinery and equipment | 23 | €2,832 | €2,515 | -€317 | -11.2% |
| Furniture and vehicles | 24 | €29,311 | €19,097 | -€10,214 | -34.8% |
| Financial fixed assets | 28 | €77,000 | €77,000 | = | 0.0% |
| Current assets | 29/58 | €94,468 | €127,878 | +€33,410 | +35.4% |
| Amounts receivable within one year | 40/41 | €69,727 | €113,512 | +€43,785 | +62.8% |
| Trade receivables | 40 | €67,600 | €113,195 | +€45,595 | +67.4% |
| Other amounts receivable | 41 | €2,127 | €317 | -€1,810 | -85.1% |
| Current investments | 50/53 | €6,340 | €3,727 | -€2,613 | -41.2% |
| Cash at bank and in hand | 54/58 | €16,971 | €2,586 | -€14,385 | -84.8% |
| Deferred charges and accrued income | 490/1 | €1,430 | €8,052 | +€6,622 | +463.2% |
| Total equity and liabilities | 10/49 | €203,611 | €226,490 | +€22,879 | +11.2% |
| Equity | 10/15 | €114,913 | €167,646 | +€52,733 | +45.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,913 | €152,646 | +€52,733 | +52.8% |
| Amounts payable | 17/49 | €88,698 | €58,844 | -€29,854 | -33.7% |
| Amounts payable after more than one year | 17 | €45,713 | €19,728 | -€25,985 | -56.8% |
| Financial debts | 170/4 | €45,713 | €19,728 | -€25,985 | -56.8% |
| Amounts payable within one year | 42/48 | €42,985 | €39,116 | -€3,869 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €10,665 | €17,331 | +€6,666 | +62.5% |
| Trade debts | 44 | €6,382 | €868 | -€5,514 | -86.4% |
| Suppliers | 440/4 | €6,382 | €868 | -€5,514 | -86.4% |
| Taxes, remuneration and social security | 45 | €10,149 | €14,122 | +€3,973 | +39.1% |
| Taxes | 450/3 | €10,149 | €14,122 | +€3,973 | +39.1% |
| Other amounts payable | 47/48 | €15,788 | €6,795 | -€8,994 | -57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,652 | €11,041 | +€388 | +3.6% |
| Other operating charges | 640/8 | €403 | €337 | -€65 | -16.2% |
| Gross operating margin | 9900 | €61,414 | €74,503 | +€13,089 | +21.3% |
| Operating profit (loss) | 9901 | €50,359 | €63,125 | +€12,766 | +25.3% |
| Financial income | 75/76B | €489 | €6,838 | +€6,349 | +1298.9% |
| Recurring financial income | 75 | €489 | €6,838 | +€6,349 | +1298.9% |
| Financial charges | 65/66B | €1,117 | €2,412 | +€1,296 | +116.0% |
| Recurring financial charges | 65 | €1,117 | €2,412 | +€1,296 | +116.0% |
| Profit (loss) for the period before taxes | 9903 | €49,731 | €67,550 | +€17,819 | +35.8% |
| Income taxes | 67/77 | €11,357 | €14,817 | +€3,461 | +30.5% |
| Profit (loss) for the period | 9904 | €38,375 | €52,733 | +€14,358 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,375 | €52,733 | +€14,358 | +37.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.