LIENDRA: 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.
LIENDRA
Largest movements
- Cash +€4,452
up €4,452 (+285.7%), from €1,558 to €6,011
mainly Depreciation (+€5,509) and Net result for the year (+€3,771)
- Intangible fixed assets -€2,586
down €2,586 (-100.0%), from €2,586 to €0
- Receivables within one year +€1,834
up €1,834 (+137.0%), from €1,338 to €3,172
of which Trade receivables: +€2,391
- Stocks and contracts -€429
down €429 (-2.7%), from €15,845 to €15,416
- Tangible fixed assets +€347
up €347 (+4.6%), from €7,540 to €7,886
of which Plant, machinery and equipment: +€1,823
- Trade debts -€4,170
down €4,170 (-57.9%), from €7,204 to €3,034
- Profit (loss) carried forward +€3,771
up €3,771 (+14.6%), from -€25,811 to -€22,040
- Other debts +€2,617
up €2,617 (+8.0%), from €32,920 to €35,537
- Tax, wage and social debts +€1,405
up €1,405 (+29.5%), from €4,763 to €6,168
of which Taxes: +€1,208
- Gross operating margin +€3,311
up €3,311 (+40.8%), from €8,116 to €11,427
- Depreciation +€1,070
up €1,070 (+24.1%), from €4,439 to €5,509
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 | €29,116 | €32,699 | +€3,582 | +12.3% |
| Fixed assets | 21/28 | €10,125 | €7,886 | -€2,239 | -22.1% |
| Intangible fixed assets | 21 | €2,586 | €0 | -€2,586 | -100.0% |
| Tangible fixed assets | 22/27 | €7,540 | €7,886 | +€347 | +4.6% |
| Plant, machinery and equipment | 23 | €995 | €2,818 | +€1,823 | +183.3% |
| Furniture and vehicles | 24 | €6,545 | €5,068 | -€1,477 | -22.6% |
| Current assets | 29/58 | €18,991 | €24,813 | +€5,822 | +30.7% |
| Stocks and contracts in progress | 3 | €15,845 | €15,416 | -€429 | -2.7% |
| Stocks | 30/36 | €15,845 | €15,416 | -€429 | -2.7% |
| Amounts receivable within one year | 40/41 | €1,338 | €3,172 | +€1,834 | +137.0% |
| Trade receivables | 40 | - | €2,391 | +€2,391 | |
| Other amounts receivable | 41 | €1,338 | €782 | -€557 | -41.6% |
| Cash at bank and in hand | 54/58 | €1,558 | €6,011 | +€4,452 | +285.7% |
| Deferred charges and accrued income | 490/1 | €249 | €213 | -€36 | -14.3% |
| Total equity and liabilities | 10/49 | €29,116 | €32,699 | +€3,582 | +12.3% |
| Equity | 10/15 | -€15,811 | -€12,040 | +€3,771 | +23.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,811 | -€22,040 | +€3,771 | +14.6% |
| Amounts payable | 17/49 | €44,928 | €44,739 | -€189 | -0.4% |
| Amounts payable within one year | 42/48 | €44,887 | €44,739 | -€148 | -0.3% |
| Trade debts | 44 | €7,204 | €3,034 | -€4,170 | -57.9% |
| Suppliers | 440/4 | €7,204 | €3,034 | -€4,170 | -57.9% |
| Taxes, remuneration and social security | 45 | €4,763 | €6,168 | +€1,405 | +29.5% |
| Taxes | 450/3 | €3,199 | €4,407 | +€1,208 | +37.8% |
| Remuneration and social security | 454/9 | €1,564 | €1,762 | +€197 | +12.6% |
| Other amounts payable | 47/48 | €32,920 | €35,537 | +€2,617 | +8.0% |
| Accrued charges and deferred income | 492/3 | €41 | €0 | -€41 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,472 | €1,584 | +€112 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,439 | €5,509 | +€1,070 | +24.1% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €8,116 | €11,427 | +€3,311 | +40.8% |
| Operating profit (loss) | 9901 | €1,705 | €3,821 | +€2,116 | +124.1% |
| Financial income | 75/76B | €0 | €20 | +€20 | +200800.0% |
| Recurring financial income | 75 | €0 | €20 | +€20 | +200800.0% |
| Financial charges | 65/66B | €43 | €70 | +€27 | +64.2% |
| Recurring financial charges | 65 | €43 | €70 | +€27 | +64.2% |
| Profit (loss) for the period before taxes | 9903 | €1,663 | €3,771 | +€2,108 | +126.8% |
| Profit (loss) for the period | 9904 | €1,663 | €3,771 | +€2,108 | +126.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,663 | €3,771 | +€2,108 | +126.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.