LIFRAS: 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.
LIFRAS
Largest movements
- Cash +€15,866
up €15,866 (+70.7%), from €22,442 to €38,308
mainly Net result for the year (+€18,842) and Receivables within one year (+€12,148)
- Receivables within one year -€12,148
down €12,148 (-41.7%), from €29,137 to €16,989
of which Other amounts receivable: -€10,000
- Deferred charges and accrued income +€1,530
up €1,530 (+58.0%), from €2,641 to €4,171
- Other debts +€8,753
up €8,753 (+43.8%), from €20,000 to €28,753
- Tax, wage and social debts +€8,634
up €8,634 (+50.3%), from €17,180 to €25,815
of which Remuneration and social security: +€5,570
- Profit (loss) carried forward -€7,158
down €7,158 (-92.8%), from €7,716 to €558
- Debts after one year -€4,490
down €4,490 (-45.5%), from €9,870 to €5,380
- Gross operating margin +€16,275
up €16,275 (+18.4%), from €88,384 to €104,660
- Staff costs +€9,373
up €9,373 (+16.1%), from €58,215 to €67,587
- Depreciation -€2,820
down €2,820 (-23.9%), from €11,779 to €8,959
- Taxes +€1,836
up €1,836 (+29.1%), from €6,316 to €8,152
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 | €93,747 | €98,650 | +€4,903 | +5.2% |
| Fixed assets | 21/28 | €39,528 | €39,183 | -€345 | -0.9% |
| Tangible fixed assets | 22/27 | €39,478 | €39,133 | -€345 | -0.9% |
| Plant, machinery and equipment | 23 | €2,862 | €1,962 | -€900 | -31.4% |
| Furniture and vehicles | 24 | €8,339 | €13,211 | +€4,873 | +58.4% |
| Other tangible fixed assets | 26 | €28,277 | €23,959 | -€4,318 | -15.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €54,219 | €59,467 | +€5,248 | +9.7% |
| Amounts receivable within one year | 40/41 | €29,137 | €16,989 | -€12,148 | -41.7% |
| Trade receivables | 40 | €19,137 | €16,989 | -€2,148 | -11.2% |
| Other amounts receivable | 41 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €22,442 | €38,308 | +€15,866 | +70.7% |
| Deferred charges and accrued income | 490/1 | €2,641 | €4,171 | +€1,530 | +58.0% |
| Total equity and liabilities | 10/49 | €93,747 | €98,650 | +€4,903 | +5.2% |
| Equity | 10/15 | €21,976 | €14,818 | -€7,158 | -32.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,716 | €558 | -€7,158 | -92.8% |
| Amounts payable | 17/49 | €71,771 | €83,832 | +€12,061 | +16.8% |
| Amounts payable after more than one year | 17 | €9,870 | €5,380 | -€4,490 | -45.5% |
| Financial debts | 170/4 | €9,870 | €5,380 | -€4,490 | -45.5% |
| Amounts payable within one year | 42/48 | €61,901 | €78,452 | +€16,551 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €14,942 | €14,151 | -€790 | -5.3% |
| Trade debts | 44 | €9,779 | €9,733 | -€46 | -0.5% |
| Suppliers | 440/4 | €9,779 | €9,733 | -€46 | -0.5% |
| Taxes, remuneration and social security | 45 | €17,180 | €25,815 | +€8,634 | +50.3% |
| Taxes | 450/3 | €8,554 | €11,618 | +€3,065 | +35.8% |
| Remuneration and social security | 454/9 | €8,627 | €14,196 | +€5,570 | +64.6% |
| Other amounts payable | 47/48 | €20,000 | €28,753 | +€8,753 | +43.8% |
| Remuneration, social security and pensions | 62 | €58,215 | €67,587 | +€9,373 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,779 | €8,959 | -€2,820 | -23.9% |
| Other operating charges | 640/8 | €628 | €680 | +€52 | +8.3% |
| Gross operating margin | 9900 | €88,384 | €104,660 | +€16,275 | +18.4% |
| Operating profit (loss) | 9901 | €17,762 | €27,433 | +€9,671 | +54.4% |
| Financial income | 75/76B | €184 | €430 | +€246 | +134.2% |
| Recurring financial income | 75 | €184 | €430 | +€246 | +134.2% |
| Financial charges | 65/66B | €1,068 | €869 | -€200 | -18.7% |
| Recurring financial charges | 65 | €1,068 | €869 | -€200 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €16,877 | €26,994 | +€10,117 | +59.9% |
| Income taxes | 67/77 | €6,316 | €8,152 | +€1,836 | +29.1% |
| Profit (loss) for the period | 9904 | €10,561 | €18,842 | +€8,281 | +78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,561 | €18,842 | +€8,281 | +78.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.