LIDERING: 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.
LIDERING
Largest movements
- Cash +€47,919
up €47,919 (+28.9%), from €165,738 to €213,658
mainly Net result for the year (+€34,230) and Tax, wage and social debts (+€12,616)
- Receivables within one year +€8,652
up €8,652 (+10.5%), from €82,438 to €91,089
of which Trade receivables: +€8,652
- Profit (loss) carried forward +€34,230
up €34,230 (+3064.4%), from €1,117 to €35,347
- Tax, wage and social debts +€12,616
up €12,616 (+42.6%), from €29,581 to €42,197
of which Taxes: +€8,046
- Trade debts +€9,513
up €9,513 (+25.1%), from €37,953 to €47,466
- Gross operating margin -€17,314
down €17,314 (-8.1%), from €214,391 to €197,077
- Staff costs +€9,875
up €9,875 (+7.7%), from €128,985 to €138,860
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 | €249,365 | €306,253 | +€56,888 | +22.8% |
| Fixed assets | 21/28 | €1,100 | €1,100 | = | 0.0% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €248,265 | €305,153 | +€56,888 | +22.9% |
| Amounts receivable within one year | 40/41 | €82,438 | €91,089 | +€8,652 | +10.5% |
| Trade receivables | 40 | €76,713 | €85,365 | +€8,652 | +11.3% |
| Other amounts receivable | 41 | €5,725 | €5,725 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €165,738 | €213,658 | +€47,919 | +28.9% |
| Deferred charges and accrued income | 490/1 | €89 | €406 | +€317 | +355.4% |
| Total equity and liabilities | 10/49 | €249,365 | €306,253 | +€56,888 | +22.8% |
| Equity | 10/15 | €121,767 | €155,997 | +€34,230 | +28.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €59,150 | €59,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €53,000 | €53,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,117 | €35,347 | +€34,230 | +3064.4% |
| Amounts payable | 17/49 | €127,598 | €150,256 | +€22,658 | +17.8% |
| Amounts payable within one year | 42/48 | €127,534 | €149,663 | +€22,129 | +17.4% |
| Trade debts | 44 | €37,953 | €47,466 | +€9,513 | +25.1% |
| Suppliers | 440/4 | €37,953 | €47,466 | +€9,513 | +25.1% |
| Taxes, remuneration and social security | 45 | €29,581 | €42,197 | +€12,616 | +42.6% |
| Taxes | 450/3 | €8,734 | €16,780 | +€8,046 | +92.1% |
| Remuneration and social security | 454/9 | €20,848 | €25,417 | +€4,570 | +21.9% |
| Other amounts payable | 47/48 | €60,000 | €60,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €64 | €593 | +€529 | +826.0% |
| Remuneration, social security and pensions | 62 | €128,985 | €138,860 | +€9,875 | +7.7% |
| Other operating charges | 640/8 | €652 | €143 | -€510 | -78.1% |
| Gross operating margin | 9900 | €214,391 | €197,077 | -€17,314 | -8.1% |
| Operating profit (loss) | 9901 | €84,754 | €58,074 | -€26,680 | -31.5% |
| Financial charges | 65/66B | €1,525 | €1,843 | +€319 | +20.9% |
| Recurring financial charges | 65 | €1,525 | €1,843 | +€319 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €83,229 | €56,230 | -€26,998 | -32.4% |
| Income taxes | 67/77 | €22,281 | €22,000 | -€281 | -1.3% |
| Profit (loss) for the period | 9904 | €60,948 | €34,230 | -€26,717 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,948 | €34,230 | -€26,717 | -43.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.