Lienwit: 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.
Lienwit
Largest movements
- Current investments -€67,854
down €67,854 (-62.9%), from €107,854 to €40,000
- Cash -€26,905
down €26,905 (-46.4%), from €57,954 to €31,049
mainly Contributions, distributions and other (-€182,059) and Tax, wage and social debts (-€23,098)
- Receivables within one year -€5,056
down €5,056 (-33.5%), from €15,111 to €10,055
of which Other amounts receivable: -€6,823
- Reserves -€79,149
down €79,149 (-43.5%), from €182,059 to €102,910
- Tax, wage and social debts -€23,098
down €23,098 (-98.3%), from €23,494 to €396
- Gross operating margin +€24,427
up €24,427 (+21.9%), from €111,666 to €136,092
- Taxes +€6,601
up €6,601 (+27.4%), from €24,078 to €30,679
- Financial charges +€1,702
up €1,702 (+918%), from €185 to €1,887
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 | €209,440 | €107,541 | -€101,899 | -48.7% |
| Fixed assets | 21/28 | €12,027 | €11,847 | -€180 | -1.5% |
| Tangible fixed assets | 22/27 | €12,027 | €11,847 | -€180 | -1.5% |
| Land and buildings | 22 | €1,508 | €1,313 | -€194 | -12.9% |
| Plant, machinery and equipment | 23 | €2,495 | €4,968 | +€2,473 | +99.1% |
| Furniture and vehicles | 24 | €8,024 | €5,566 | -€2,458 | -30.6% |
| Current assets | 29/58 | €197,413 | €95,694 | -€101,720 | -51.5% |
| Amounts receivable within one year | 40/41 | €15,111 | €10,055 | -€5,056 | -33.5% |
| Trade receivables | 40 | - | €1,767 | +€1,767 | |
| Other amounts receivable | 41 | €15,111 | €8,288 | -€6,823 | -45.2% |
| Current investments | 50/53 | €107,854 | €40,000 | -€67,854 | -62.9% |
| Cash at bank and in hand | 54/58 | €57,954 | €31,049 | -€26,905 | -46.4% |
| Deferred charges and accrued income | 490/1 | €16,495 | €14,589 | -€1,905 | -11.6% |
| Total equity and liabilities | 10/49 | €209,440 | €107,541 | -€101,899 | -48.7% |
| Equity | 10/15 | €183,059 | €103,910 | -€79,149 | -43.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €182,059 | €102,910 | -€79,149 | -43.5% |
| Distributable reserves | 133 | €182,059 | €102,910 | -€79,149 | -43.5% |
| Amounts payable | 17/49 | €26,381 | €3,631 | -€22,750 | -86.2% |
| Amounts payable within one year | 42/48 | €24,452 | €2,165 | -€22,287 | -91.1% |
| Trade debts | 44 | €958 | €1,769 | +€811 | +84.6% |
| Suppliers | 440/4 | €958 | €1,769 | +€811 | +84.6% |
| Taxes, remuneration and social security | 45 | €23,494 | €396 | -€23,098 | -98.3% |
| Taxes | 450/3 | €23,494 | €396 | -€23,098 | -98.3% |
| Accrued charges and deferred income | 492/3 | €1,928 | €1,466 | -€462 | -24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,959 | €3,644 | -€316 | -8.0% |
| Other operating charges | 640/8 | €489 | €279 | -€210 | -42.9% |
| Gross operating margin | 9900 | €111,666 | €136,092 | +€24,427 | +21.9% |
| Operating profit (loss) | 9901 | €107,218 | €132,169 | +€24,952 | +23.3% |
| Financial income | 75/76B | €2,201 | €3,307 | +€1,106 | +50.2% |
| Recurring financial income | 75 | €2,201 | €3,307 | +€1,106 | +50.2% |
| Financial charges | 65/66B | €185 | €1,887 | +€1,702 | +918% |
| Recurring financial charges | 65 | €185 | €1,887 | +€1,702 | +918% |
| Profit (loss) for the period before taxes | 9903 | €109,233 | €133,589 | +€24,356 | +22.3% |
| Income taxes | 67/77 | €24,078 | €30,679 | +€6,601 | +27.4% |
| Profit (loss) for the period | 9904 | €85,155 | €102,910 | +€17,755 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €85,155 | €102,910 | +€17,755 | +20.9% |
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 15 October 2026 via checked.be.