LIELOE: 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.
LIELOE
Largest movements
- Tangible fixed assets +€119,523
up €119,523 (+2580.6%), from €4,632 to €124,155
of which Furniture and vehicles: +€120,866
- Cash +€40,031
up €40,031 (+18.5%), from €215,806 to €255,837
mainly Other debts (+€281,055) and Net result for the year (+€213,594)
- Other debts +€281,055
up €281,055 (+2078807.7%), from €14 to €281,068
- Reserves -€210,419
down €210,419 (-99.7%), from €211,013 to €594
- Debts after one year +€67,928
new in 2025: €67,928
- Current portion of long-term debt +€24,168
new in 2025: €24,168
- Tax, wage and social debts -€5,134
down €5,134 (-48.8%), from €10,531 to €5,397
- Gross operating margin +€15,721
up €15,721 (+5.6%), from €280,925 to €296,646
- Depreciation +€10,948
up €10,948 (+488.1%), from €2,243 to €13,192
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 | €224,025 | €383,106 | +€159,081 | +71.0% |
| Fixed assets | 21/28 | €4,632 | €124,155 | +€119,523 | +2580.6% |
| Tangible fixed assets | 22/27 | €4,632 | €124,155 | +€119,523 | +2580.6% |
| Furniture and vehicles | 24 | €1,748 | €122,614 | +€120,866 | +6912.8% |
| Other tangible fixed assets | 26 | €2,883 | €1,541 | -€1,342 | -46.6% |
| Current assets | 29/58 | €219,394 | €258,951 | +€39,558 | +18.0% |
| Amounts receivable within one year | 40/41 | €0 | €3,114 | +€3,114 | |
| Other amounts receivable | 41 | €0 | €3,114 | +€3,114 | |
| Cash at bank and in hand | 54/58 | €215,806 | €255,837 | +€40,031 | +18.5% |
| Deferred charges and accrued income | 490/1 | €3,588 | €0 | -€3,588 | -100.0% |
| Total equity and liabilities | 10/49 | €224,025 | €383,106 | +€159,081 | +71.0% |
| Equity | 10/15 | €213,013 | €2,594 | -€210,419 | -98.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €211,013 | €594 | -€210,419 | -99.7% |
| Distributable reserves | 133 | €211,013 | €594 | -€210,419 | -99.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,012 | €380,513 | +€369,500 | +3355.3% |
| Amounts payable after more than one year | 17 | - | €67,928 | +€67,928 | |
| Financial debts | 170/4 | - | €67,928 | +€67,928 | |
| Amounts payable within one year | 42/48 | €11,012 | €312,585 | +€301,573 | +2738.5% |
| Current portion of amounts payable after more than one year | 42 | - | €24,168 | +€24,168 | |
| Trade debts | 44 | €467 | €1,952 | +€1,484 | +317.5% |
| Suppliers | 440/4 | €467 | €1,952 | +€1,484 | +317.5% |
| Taxes, remuneration and social security | 45 | €10,531 | €5,397 | -€5,134 | -48.8% |
| Taxes | 450/3 | €10,531 | €5,397 | -€5,134 | -48.8% |
| Other amounts payable | 47/48 | €14 | €281,068 | +€281,055 | +2078807.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,243 | €13,192 | +€10,948 | +488.1% |
| Other operating charges | 640/8 | €810 | €1,443 | +€633 | +78.1% |
| Gross operating margin | 9900 | €280,925 | €296,646 | +€15,721 | +5.6% |
| Operating profit (loss) | 9901 | €277,872 | €282,012 | +€4,140 | +1.5% |
| Financial income | 75/76B | €158 | €1,375 | +€1,217 | +772.7% |
| Recurring financial income | 75 | €158 | €1,375 | +€1,217 | +772.7% |
| Financial charges | 65/66B | €135 | €1,195 | +€1,060 | +784.4% |
| Recurring financial charges | 65 | €135 | €1,195 | +€1,060 | +784.4% |
| Profit (loss) for the period before taxes | 9903 | €277,895 | €282,192 | +€4,297 | +1.5% |
| Income taxes | 67/77 | €66,882 | €68,598 | +€1,717 | +2.6% |
| Profit (loss) for the period | 9904 | €211,013 | €213,594 | +€2,581 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €211,013 | €213,594 | +€2,581 | +1.2% |
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.