LIDER: 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.
LIDER
Largest movements
- Stocks and contracts -€16,139
down €16,139 (-30.7%), from €52,590 to €36,452
- Cash +€13,915
up €13,915 (+15.0%), from €92,579 to €106,494
mainly Stocks and contracts (+€16,139) and Depreciation (+€13,722)
- Tangible fixed assets -€13,722
down €13,722 (-37.3%), from €36,750 to €23,028
of which Furniture and vehicles: -€12,515
- Receivables within one year -€5,869
down €5,869 (-67.3%), from €8,716 to €2,847
- Profit (loss) carried forward -€14,256
down €14,256, from €5,376 to -€8,880
- Trade debts -€2,557
down €2,557 (-96.7%), from €2,645 to €88
- Other debts -€2,248
down €2,248 (-3.6%), from €61,756 to €59,507
- Gross operating margin -€9,929
down €9,929 (-91.6%), from €10,837 to €908
- Depreciation +€7,994
up €7,994 (+139.6%), from €5,728 to €13,722
- Other operating charges -€5,057
down €5,057 (-86.9%), from €5,818 to €761
- Staff costs -€372
down €372 (-48.2%), from €772 to €400
- Taxes +€141
new in 2025: €141
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 | €192,289 | €171,716 | -€20,573 | -10.7% |
| Fixed assets | 21/28 | €36,750 | €23,028 | -€13,722 | -37.3% |
| Tangible fixed assets | 22/27 | €36,750 | €23,028 | -€13,722 | -37.3% |
| Land and buildings | 22 | €925 | €694 | -€231 | -25.0% |
| Plant, machinery and equipment | 23 | €2,561 | €1,585 | -€975 | -38.1% |
| Furniture and vehicles | 24 | €33,264 | €20,749 | -€12,515 | -37.6% |
| Current assets | 29/58 | €155,539 | €148,688 | -€6,851 | -4.4% |
| Stocks and contracts in progress | 3 | €52,590 | €36,452 | -€16,139 | -30.7% |
| Stocks | 30/36 | €52,590 | €36,452 | -€16,139 | -30.7% |
| Amounts receivable within one year | 40/41 | €8,716 | €2,847 | -€5,869 | -67.3% |
| Other amounts receivable | 41 | €8,716 | €2,847 | -€5,869 | -67.3% |
| Cash at bank and in hand | 54/58 | €92,579 | €106,494 | +€13,915 | +15.0% |
| Deferred charges and accrued income | 490/1 | €1,653 | €2,895 | +€1,241 | +75.1% |
| Total equity and liabilities | 10/49 | €192,289 | €171,716 | -€20,573 | -10.7% |
| Equity | 10/15 | €25,836 | €11,580 | -€14,256 | -55.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,376 | -€8,880 | -€14,256 | |
| Amounts payable | 17/49 | €166,453 | €160,136 | -€6,317 | -3.8% |
| Amounts payable after more than one year | 17 | €99,000 | €99,000 | = | 0.0% |
| Financial debts | 170/4 | €99,000 | €99,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €67,453 | €61,136 | -€6,317 | -9.4% |
| Trade debts | 44 | €2,645 | €88 | -€2,557 | -96.7% |
| Suppliers | 440/4 | €2,645 | €88 | -€2,557 | -96.7% |
| Taxes, remuneration and social security | 45 | €3,053 | €1,541 | -€1,512 | -49.5% |
| Taxes | 450/3 | €253 | €141 | -€112 | -44.3% |
| Remuneration and social security | 454/9 | €2,800 | €1,400 | -€1,400 | -50.0% |
| Other amounts payable | 47/48 | €61,756 | €59,507 | -€2,248 | -3.6% |
| Remuneration, social security and pensions | 62 | €772 | €400 | -€372 | -48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,728 | €13,722 | +€7,994 | +139.6% |
| Other operating charges | 640/8 | €5,818 | €761 | -€5,057 | -86.9% |
| Gross operating margin | 9900 | €10,837 | €908 | -€9,929 | -91.6% |
| Operating profit (loss) | 9901 | -€1,481 | -€13,975 | -€12,495 | -843.8% |
| Financial income | 75/76B | €5 | €10 | +€5 | +85.5% |
| Recurring financial income | 75 | €5 | €10 | +€5 | +85.5% |
| Financial charges | 65/66B | €117 | €150 | +€33 | +28.4% |
| Recurring financial charges | 65 | €117 | €150 | +€33 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,592 | -€14,115 | -€12,523 | -786.5% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | -€1,592 | -€14,256 | -€12,664 | -795.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,592 | -€14,256 | -€12,664 | -795.4% |
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 8 October 2026 via checked.be.