LIDO BUILD: 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 BUILD
Largest movements
- Stocks and contracts +€1.6m
up €1.6m (+89.9%), from €1.7m to €3.3m
- Cash +€313,765
up €313,765 (+67.8%), from €462,865 to €776,630
mainly Advances received (+€1.5m) and Debts after one year (+€378,992)
- Receivables within one year +€122,690
up €122,690 (+244%), from €50,245 to €172,935
of which Trade receivables: +€121,516
- Advances received +€1.5m
up €1.5m (+94.3%), from €1.6m to €3.1m
- Debts after one year +€378,992
new in 2025: €378,992
- Tax, wage and social debts +€81,681
up €81,681 (+139%), from €58,806 to €140,487
- Short-term financial debts +€43,650
up €43,650 (+17.6%), from €248,675 to €292,325
- Financial charges +€6,893
up €6,893 (+257%), from €2,680 to €9,573
- Gross operating margin +€4,859
up €4,859 (+46.2%), from -€10,510 to -€5,651
- Financial income -€3,060
down €3,060 (-37.1%), from €8,260 to €5,200
- Other operating charges -€2,146
down €2,146 (-94.4%), from €2,274 to €128
- Staff costs -€295
no longer reported in 2025 (was €295)
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 | €2,279,372 | €4,280,222 | +€2.0m | +87.8% |
| Fixed assets | 21/28 | - | €3,800 | +€3,800 | |
| Financial fixed assets | 28 | - | €3,800 | +€3,800 | |
| Current assets | 29/58 | €2,279,372 | €4,276,422 | +€2.0m | +87.6% |
| Amounts receivable after more than one year | 29 | €9,747 | - | -€9,747 | |
| Other amounts receivable | 291 | €9,747 | - | -€9,747 | |
| Stocks and contracts in progress | 3 | €1,749,898 | €3,323,149 | +€1.6m | +89.9% |
| Stocks | 30/36 | €1,749,898 | €3,323,149 | +€1.6m | +89.9% |
| Amounts receivable within one year | 40/41 | €50,245 | €172,935 | +€122,690 | +244% |
| Trade receivables | 40 | €49,816 | €171,332 | +€121,516 | +244% |
| Other amounts receivable | 41 | €429 | €1,603 | +€1,174 | +274% |
| Cash at bank and in hand | 54/58 | €462,865 | €776,630 | +€313,765 | +67.8% |
| Deferred charges and accrued income | 490/1 | €6,618 | €3,707 | -€2,910 | -44.0% |
| Total equity and liabilities | 10/49 | €2,279,372 | €4,280,222 | +€2.0m | +87.8% |
| Equity | 10/15 | €231,614 | €221,462 | -€10,152 | -4.4% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €223,614 | €213,462 | -€10,152 | -4.5% |
| Distributable reserves | 133 | €223,614 | €213,462 | -€10,152 | -4.5% |
| Amounts payable | 17/49 | €2,047,758 | €4,058,759 | +€2.0m | +98.2% |
| Amounts payable after more than one year | 17 | - | €378,992 | +€378,992 | |
| Other amounts payable | 178/9 | - | €378,992 | +€378,992 | |
| Amounts payable within one year | 42/48 | €2,047,758 | €3,679,767 | +€1.6m | +79.7% |
| Financial debts | 43 | €248,675 | €292,325 | +€43,650 | +17.6% |
| Credit institutions | 430/8 | €248,675 | €292,325 | +€43,650 | +17.6% |
| Trade debts | 44 | €126,189 | €110,801 | -€15,388 | -12.2% |
| Suppliers | 440/4 | €126,189 | €110,801 | -€15,388 | -12.2% |
| Advances received on contracts in progress | 46 | €1,614,089 | €3,136,154 | +€1.5m | +94.3% |
| Taxes, remuneration and social security | 45 | €58,806 | €140,487 | +€81,681 | +139% |
| Taxes | 450/3 | €58,806 | €140,487 | +€81,681 | +139% |
| Remuneration, social security and pensions | 62 | €295 | - | -€295 | |
| Other operating charges | 640/8 | €2,274 | €128 | -€2,146 | -94.4% |
| Gross operating margin | 9900 | -€10,510 | -€5,651 | +€4,859 | +46.2% |
| Operating profit (loss) | 9901 | -€13,079 | -€5,779 | +€7,300 | +55.8% |
| Financial income | 75/76B | €8,260 | €5,200 | -€3,060 | -37.1% |
| Recurring financial income | 75 | €8,260 | €5,200 | -€3,060 | -37.1% |
| Financial charges | 65/66B | €2,680 | €9,573 | +€6,893 | +257% |
| Recurring financial charges | 65 | €2,680 | €9,573 | +€6,893 | +257% |
| Profit (loss) for the period before taxes | 9903 | -€7,499 | -€10,152 | -€2,653 | -35.4% |
| Profit (loss) for the period | 9904 | -€7,499 | -€10,152 | -€2,653 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,499 | -€10,152 | -€2,653 | -35.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.