LIERON: 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.
LIERON
Largest movements
- Cash +€300,267
up €300,267 (+463.2%), from €64,826 to €365,093
mainly Current investments (+€300,000) and Net result for the year (+€45,703)
- Current investments -€300,000
no longer reported in 2025 (was €300,000)
- Receivables within one year +€22,694
up €22,694 (+121.0%), from €18,755 to €41,449
- Tangible fixed assets -€14,817
down €14,817 (-4.9%), from €305,273 to €290,456
of which Land and buildings: -€10,757
- Reserves +€45,703
up €45,703 (+11.0%), from €414,320 to €460,023
of which Distributable reserves: +€47,563
- Other debts -€21,112
down €21,112 (-68.7%), from €30,751 to €9,639
- Trade debts -€12,214
down €12,214 (-78.5%), from €15,565 to €3,351
- Gross operating margin -€201,916
down €201,916 (-69.9%), from €288,757 to €86,840
- Taxes -€65,440
down €65,440 (-75.2%), from €87,005 to €21,566
- Financial charges -€6,907
down €6,907 (-98.9%), from €6,984 to €77
- Financial income +€3,737
up €3,737 (+18684350.0%), from €0 to €3,737
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 | €690,060 | €697,245 | +€7,185 | +1.0% |
| Fixed assets | 21/28 | €305,273 | €290,456 | -€14,817 | -4.9% |
| Tangible fixed assets | 22/27 | €305,273 | €290,456 | -€14,817 | -4.9% |
| Land and buildings | 22 | €262,342 | €251,585 | -€10,757 | -4.1% |
| Plant, machinery and equipment | 23 | - | €6,388 | +€6,388 | |
| Furniture and vehicles | 24 | €42,930 | €32,483 | -€10,447 | -24.3% |
| Current assets | 29/58 | €384,787 | €406,789 | +€22,002 | +5.7% |
| Amounts receivable within one year | 40/41 | €18,755 | €41,449 | +€22,694 | +121.0% |
| Trade receivables | 40 | €18,755 | €41,449 | +€22,694 | +121.0% |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €64,826 | €365,093 | +€300,267 | +463.2% |
| Deferred charges and accrued income | 490/1 | €1,206 | €247 | -€959 | -79.5% |
| Total equity and liabilities | 10/49 | €690,060 | €697,245 | +€7,185 | +1.0% |
| Equity | 10/15 | €633,986 | €679,689 | +€45,703 | +7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €414,320 | €460,023 | +€45,703 | +11.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €412,460 | €460,023 | +€47,563 | +11.5% |
| Profit (loss) carried forward | 14 | €201,066 | €201,066 | = | 0.0% |
| Amounts payable | 17/49 | €56,073 | €17,555 | -€38,518 | -68.7% |
| Amounts payable within one year | 42/48 | €56,073 | €17,555 | -€38,518 | -68.7% |
| Trade debts | 44 | €15,565 | €3,351 | -€12,214 | -78.5% |
| Suppliers | 440/4 | €15,565 | €3,351 | -€12,214 | -78.5% |
| Taxes, remuneration and social security | 45 | €9,757 | €4,566 | -€5,192 | -53.2% |
| Taxes | 450/3 | €9,757 | €4,566 | -€5,192 | -53.2% |
| Other amounts payable | 47/48 | €30,751 | €9,639 | -€21,112 | -68.7% |
| Non-recurring operating income | 76A | €1,100 | - | -€1,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,363 | €21,290 | +€1,927 | +10.0% |
| Other operating charges | 640/8 | €1,486 | €1,942 | +€456 | +30.7% |
| Gross operating margin | 9900 | €288,757 | €86,840 | -€201,916 | -69.9% |
| Operating profit (loss) | 9901 | €267,908 | €63,609 | -€204,299 | -76.3% |
| Financial income | 75/76B | €0 | €3,737 | +€3,737 | +18684350.0% |
| Recurring financial income | 75 | €0 | €3,737 | +€3,737 | +18684350.0% |
| Financial charges | 65/66B | €6,984 | €77 | -€6,907 | -98.9% |
| Recurring financial charges | 65 | €6,984 | €77 | -€6,907 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €260,924 | €67,269 | -€193,655 | -74.2% |
| Income taxes | 67/77 | €87,005 | €21,566 | -€65,440 | -75.2% |
| Profit (loss) for the period | 9904 | €173,919 | €45,703 | -€128,216 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €173,919 | €45,703 | -€128,216 | -73.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.