LIESON: 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.
LIESON
Largest movements
- Cash +€17,355
up €17,355 (+135.0%), from €12,856 to €30,211
mainly Net result for the year (+€21,357) and Tax, wage and social debts (+€7,136)
- Receivables within one year -€1,713
down €1,713 (-9.6%), from €17,768 to €16,055
- Intangible fixed assets -€1,000
down €1,000 (-20.2%), from €4,961 to €3,961
- Reserves +€21,200
up €21,200 (+302.9%), from €7,000 to €28,200
- Other debts -€13,336
down €13,336 (-76.6%), from €17,402 to €4,065
- Tax, wage and social debts +€7,136
up €7,136 (+59.2%), from €12,057 to €19,193
of which Taxes: +€7,136
- Trade debts -€1,359
down €1,359 (-49.9%), from €2,722 to €1,362
- Accrued charges and deferred income +€666
new in 2025: €666
- Gross operating margin +€22,758
up €22,758 (+219.3%), from €10,376 to €33,135
- Taxes +€6,481
up €6,481 (+306.8%), from €2,113 to €8,594
- Depreciation +€1,656
up €1,656 (+2817.3%), from €59 to €1,715
- Financial charges +€878
up €878 (+2036.1%), from €43 to €921
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 | €41,583 | €56,046 | +€14,464 | +34.8% |
| Fixed assets | 21/28 | €7,941 | €6,591 | -€1,350 | -17.0% |
| Intangible fixed assets | 21 | €4,961 | €3,961 | -€1,000 | -20.2% |
| Tangible fixed assets | 22/27 | €2,981 | €2,630 | -€350 | -11.8% |
| Plant, machinery and equipment | 23 | €2,619 | €2,095 | -€524 | -20.0% |
| Furniture and vehicles | 24 | €361 | €535 | +€174 | +48.0% |
| Current assets | 29/58 | €33,642 | €49,456 | +€15,814 | +47.0% |
| Stocks and contracts in progress | 3 | €3,018 | €3,018 | = | 0.0% |
| Stocks | 30/36 | €3,018 | €3,018 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,768 | €16,055 | -€1,713 | -9.6% |
| Trade receivables | 40 | €17,768 | €16,055 | -€1,713 | -9.6% |
| Cash at bank and in hand | 54/58 | €12,856 | €30,211 | +€17,355 | +135.0% |
| Deferred charges and accrued income | 490/1 | - | €172 | +€172 | |
| Total equity and liabilities | 10/49 | €41,583 | €56,046 | +€14,464 | +34.8% |
| Equity | 10/15 | €9,403 | €30,760 | +€21,357 | +227.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €28,200 | +€21,200 | +302.9% |
| Distributable reserves | 133 | €7,000 | €28,200 | +€21,200 | +302.9% |
| Profit (loss) carried forward | 14 | €403 | €560 | +€157 | +39.1% |
| Amounts payable | 17/49 | €32,180 | €25,286 | -€6,894 | -21.4% |
| Amounts payable within one year | 42/48 | €32,180 | €24,621 | -€7,559 | -23.5% |
| Trade debts | 44 | €2,722 | €1,362 | -€1,359 | -49.9% |
| Suppliers | 440/4 | €2,722 | €1,362 | -€1,359 | -49.9% |
| Taxes, remuneration and social security | 45 | €12,057 | €19,193 | +€7,136 | +59.2% |
| Taxes | 450/3 | €9,357 | €16,493 | +€7,136 | +76.3% |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 47/48 | €17,402 | €4,065 | -€13,336 | -76.6% |
| Accrued charges and deferred income | 492/3 | - | €666 | +€666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59 | €1,715 | +€1,656 | +2817.3% |
| Other operating charges | 640/8 | €759 | €550 | -€210 | -27.6% |
| Gross operating margin | 9900 | €10,376 | €33,135 | +€22,758 | +219.3% |
| Operating profit (loss) | 9901 | €9,558 | €30,870 | +€21,312 | +223.0% |
| Financial income | 75/76B | €0 | €1 | +€1 | +14500.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +14500.0% |
| Financial charges | 65/66B | €43 | €921 | +€878 | +2036.1% |
| Recurring financial charges | 65 | €43 | €921 | +€878 | +2036.1% |
| Profit (loss) for the period before taxes | 9903 | €9,515 | €29,951 | +€20,436 | +214.8% |
| Income taxes | 67/77 | €2,113 | €8,594 | +€6,481 | +306.8% |
| Profit (loss) for the period | 9904 | €7,403 | €21,357 | +€13,955 | +188.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,403 | €21,357 | +€13,955 | +188.5% |
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 12 October 2026 via checked.be.