LIENARD DEAN COFISC: 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.
LIENARD DEAN COFISC
Largest movements
- Cash +€42,371
up €42,371 (+92.5%), from €45,824 to €88,195
mainly Trade debts (+€42,603) and Net result for the year (+€22,026)
- Tangible fixed assets +€31,537
up €31,537 (+335%), from €9,419 to €40,956
of which Furniture and vehicles: +€33,676
- Receivables within one year -€14,243
down €14,243 (-45.8%), from €31,121 to €16,878
of which Other amounts receivable: -€11,364
- Trade debts +€42,603
up €42,603 (+2,247%), from €1,896 to €44,499
- Debts after one year +€18,909
up €18,909 (+56.7%), from €33,322 to €52,230
- Tax, wage and social debts -€2,333
down €2,333 (-42.7%), from €5,464 to €3,132
of which Taxes: -€2,124
- Profit (loss) carried forward +€2,026
up €2,026 (+13.2%), from €15,325 to €17,351
- Current portion of long-term debt -€1,540
down €1,540 (-5.2%), from €29,419 to €27,879
- Staff costs +€21,528
up €21,528 (+755%), from €2,852 to €24,380
- Gross operating margin +€10,672
up €10,672 (+20.9%), from €51,139 to €61,811
- Taxes +€1,950
up €1,950 (+36.2%), from €5,386 to €7,336
- Depreciation +€1,518
up €1,518 (+62.4%), from €2,433 to €3,951
- Other operating charges +€946
up €946 (+116%), from €816 to €1,762
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 | €86,426 | €146,091 | +€59,665 | +69.0% |
| Fixed assets | 21/28 | €9,481 | €41,018 | +€31,537 | +333% |
| Tangible fixed assets | 22/27 | €9,419 | €40,956 | +€31,537 | +335% |
| Plant, machinery and equipment | 23 | €8,394 | €6,255 | -€2,139 | -25.5% |
| Furniture and vehicles | 24 | €1,025 | €34,701 | +€33,676 | +3,285% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €76,945 | €105,073 | +€28,128 | +36.6% |
| Amounts receivable within one year | 40/41 | €31,121 | €16,878 | -€14,243 | -45.8% |
| Trade receivables | 40 | €5,941 | €3,062 | -€2,879 | -48.5% |
| Other amounts receivable | 41 | €25,180 | €13,816 | -€11,364 | -45.1% |
| Cash at bank and in hand | 54/58 | €45,824 | €88,195 | +€42,371 | +92.5% |
| Total equity and liabilities | 10/49 | €86,426 | €146,091 | +€59,665 | +69.0% |
| Equity | 10/15 | €16,325 | €18,351 | +€2,026 | +12.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,325 | €17,351 | +€2,026 | +13.2% |
| Amounts payable | 17/49 | €70,101 | €127,740 | +€57,639 | +82.2% |
| Amounts payable after more than one year | 17 | €33,322 | €52,230 | +€18,909 | +56.7% |
| Financial debts | 170/4 | €33,322 | €52,230 | +€18,909 | +56.7% |
| Amounts payable within one year | 42/48 | €36,779 | €75,510 | +€38,731 | +105% |
| Current portion of amounts payable after more than one year | 42 | €29,419 | €27,879 | -€1,540 | -5.2% |
| Trade debts | 44 | €1,896 | €44,499 | +€42,603 | +2,247% |
| Suppliers | 440/4 | €1,896 | €44,499 | +€42,603 | +2,247% |
| Taxes, remuneration and social security | 45 | €5,464 | €3,132 | -€2,333 | -42.7% |
| Taxes | 450/3 | €4,608 | €2,484 | -€2,124 | -46.1% |
| Remuneration and social security | 454/9 | €857 | €648 | -€209 | -24.4% |
| Remuneration, social security and pensions | 62 | €2,852 | €24,380 | +€21,528 | +755% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,433 | €3,951 | +€1,518 | +62.4% |
| Other operating charges | 640/8 | €816 | €1,762 | +€946 | +116% |
| Gross operating margin | 9900 | €51,139 | €61,811 | +€10,672 | +20.9% |
| Operating profit (loss) | 9901 | €45,038 | €31,718 | -€13,320 | -29.6% |
| Financial income | 75/76B | €255 | €287 | +€32 | +12.6% |
| Recurring financial income | 75 | €255 | €287 | +€32 | +12.6% |
| Financial charges | 65/66B | €2,582 | €2,643 | +€61 | +2.4% |
| Recurring financial charges | 65 | €2,582 | €2,643 | +€61 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €42,711 | €29,362 | -€13,349 | -31.3% |
| Income taxes | 67/77 | €5,386 | €7,336 | +€1,950 | +36.2% |
| Profit (loss) for the period | 9904 | €37,325 | €22,026 | -€15,299 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,325 | €22,026 | -€15,299 | -41.0% |
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 13 October 2026 via checked.be.