LIDO: what changed
Two financial 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.
LIDO
Largest movements
- Cash +€174,973
up €174,973 (+189%), from €92,458 to €267,431
mainly Net result for the year (+€111,066) and Current investments (+€80,000)
- Current investments -€80,000
down €80,000 (-44.4%), from €180,000 to €100,000
- Tangible fixed assets -€33,110
down €33,110 (-6.0%), from €555,399 to €522,289
of which Land and buildings: -€22,721
- Reserves +€111,066
up €111,066 (+18.7%), from €593,837 to €704,903
of which Distributable reserves: +€121,591
- Tax, wage and social debts -€14,093
down €14,093 (-29.2%), from €48,313 to €34,220
of which Taxes: -€11,190
- Other debts -€12,757
down €12,757 (-32.7%), from €38,981 to €26,224
- Debts after one year -€12,206
down €12,206 (-31.8%), from €38,432 to €26,226
- Gross operating margin -€203,413
down €203,413 (-47.6%), from €427,113 to €223,700
- Depreciation -€35,154
down €35,154 (-50.4%), from €69,799 to €34,645
- Taxes +€17,274
up €17,274 (+41.1%), from €42,071 to €59,345
- Staff costs -€16,704
down €16,704 (-49.7%), from €33,610 to €16,906
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.
Derived cash bridge
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 | €852,929 | €913,626 | +€60,697 | +7.1% |
| Fixed assets | 21/28 | €555,524 | €522,414 | -€33,110 | -6.0% |
| Tangible fixed assets | 22/27 | €555,399 | €522,289 | -€33,110 | -6.0% |
| Land and buildings | 22 | €536,917 | €514,196 | -€22,721 | -4.2% |
| Plant, machinery and equipment | 23 | €16,818 | €6,906 | -€9,913 | -58.9% |
| Furniture and vehicles | 24 | €1,664 | €1,188 | -€476 | -28.6% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €297,405 | €391,212 | +€93,807 | +31.5% |
| Stocks and contracts in progress | 3 | €20,560 | €18,065 | -€2,495 | -12.1% |
| Stocks | 30/36 | €20,560 | €18,065 | -€2,495 | -12.1% |
| Amounts receivable within one year | 40/41 | €589 | €1,796 | +€1,207 | +205% |
| Trade receivables | 40 | €583 | €1,796 | +€1,213 | +208% |
| Other amounts receivable | 41 | €6 | €0 | -€6 | -100% |
| Current investments | 50/53 | €180,000 | €100,000 | -€80,000 | -44.4% |
| Cash at bank and in hand | 54/58 | €92,458 | €267,431 | +€174,973 | +189% |
| Deferred charges and accrued income | 490/1 | €3,798 | €3,920 | +€122 | +3.2% |
| Total equity and liabilities | 10/49 | €852,929 | €913,626 | +€60,697 | +7.1% |
| Equity | 10/15 | €612,429 | €723,495 | +€111,066 | +18.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €593,837 | €704,903 | +€111,066 | +18.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €288,512 | €277,987 | -€10,525 | -3.6% |
| Distributable reserves | 133 | €305,325 | €426,916 | +€121,591 | +39.8% |
| Provisions and deferred taxes | 16 | €72,128 | €69,497 | -€2,631 | -3.6% |
| Deferred taxes | 168 | €72,128 | €69,497 | -€2,631 | -3.6% |
| Amounts payable | 17/49 | €168,372 | €120,634 | -€47,738 | -28.4% |
| Amounts payable after more than one year | 17 | €38,432 | €26,226 | -€12,206 | -31.8% |
| Financial debts | 170/4 | €38,432 | €26,226 | -€12,206 | -31.8% |
| Amounts payable within one year | 42/48 | €123,223 | €88,639 | -€34,584 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €12,050 | €12,206 | +€157 | +1.3% |
| Trade debts | 44 | €21,259 | €15,989 | -€5,270 | -24.8% |
| Suppliers | 440/4 | €21,259 | €15,989 | -€5,270 | -24.8% |
| Advances received on contracts in progress | 46 | €2,620 | €0 | -€2,620 | -100% |
| Taxes, remuneration and social security | 45 | €48,313 | €34,220 | -€14,093 | -29.2% |
| Taxes | 450/3 | €42,759 | €31,569 | -€11,190 | -26.2% |
| Remuneration and social security | 454/9 | €5,554 | €2,651 | -€2,903 | -52.3% |
| Other amounts payable | 47/48 | €38,981 | €26,224 | -€12,757 | -32.7% |
| Accrued charges and deferred income | 492/3 | €6,717 | €5,769 | -€948 | -14.1% |
| Non-recurring operating income | 76A | €172,737 | €0 | -€172,737 | -100% |
| Remuneration, social security and pensions | 62 | €33,610 | €16,906 | -€16,704 | -49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,799 | €34,645 | -€35,154 | -50.4% |
| Other operating charges | 640/8 | €2,916 | €2,115 | -€800 | -27.4% |
| Gross operating margin | 9900 | €427,113 | €223,700 | -€203,413 | -47.6% |
| Operating profit (loss) | 9901 | €320,788 | €170,033 | -€150,755 | -47.0% |
| Financial income | 75/76B | €465 | €2,592 | +€2,128 | +458% |
| Recurring financial income | 75 | €465 | €2,592 | +€2,128 | +458% |
| Financial charges | 65/66B | €7,272 | €4,846 | -€2,426 | -33.4% |
| Recurring financial charges | 65 | €7,272 | €4,846 | -€2,426 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €313,981 | €167,780 | -€146,201 | -46.6% |
| Transfer from deferred taxes | 780 | €3,532 | €2,631 | -€901 | -25.5% |
| Transfer to deferred taxes | 680 | €32,324 | €0 | -€32,324 | -100% |
| Income taxes | 67/77 | €42,071 | €59,345 | +€17,274 | +41.1% |
| Profit (loss) for the period | 9904 | €243,118 | €111,066 | -€132,052 | -54.3% |
| Transfer from tax-exempt reserves | 789 | €14,129 | €10,525 | -€3,604 | -25.5% |
| Transfer to tax-exempt reserves | 689 | €129,296 | €0 | -€129,296 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €127,951 | €121,591 | -€6,360 | -5.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.