LIGIAN: 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.
LIGIAN
Largest movements
- Tangible fixed assets -€22,892
down €22,892 (-2.4%), from €956,416 to €933,524
- Profit (loss) carried forward -€28,031
down €28,031 (-76.2%), from -€36,784 to -€64,814
- Other debts +€13,937
up €13,937 (+13.7%), from €101,480 to €115,417
- Gross operating margin +€7,994
up €7,994 (+19.4%), from €41,127 to €49,121
- Other operating charges +€5,674
up €5,674 (+366.7%), from €1,547 to €7,222
- Depreciation +€1,582
up €1,582 (+3.2%), from €49,160 to €50,742
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 | €979,519 | €960,403 | -€19,116 | -2.0% |
| Fixed assets | 21/28 | €956,416 | €933,524 | -€22,892 | -2.4% |
| Tangible fixed assets | 22/27 | €956,416 | €933,524 | -€22,892 | -2.4% |
| Land and buildings | 22 | €956,416 | €933,524 | -€22,892 | -2.4% |
| Current assets | 29/58 | €23,103 | €26,880 | +€3,776 | +16.3% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €21,803 | €25,517 | +€3,714 | +17.0% |
| Deferred charges and accrued income | 490/1 | €1,300 | €1,363 | +€63 | +4.8% |
| Total equity and liabilities | 10/49 | €979,519 | €960,403 | -€19,116 | -2.0% |
| Equity | 10/15 | €373,600 | €345,569 | -€28,031 | -7.5% |
| Contributions | 10/11 | €325,000 | €325,000 | = | 0.0% |
| Reserves | 13 | €85,384 | €85,384 | = | 0.0% |
| Distributable reserves | 133 | €85,384 | €85,384 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,784 | -€64,814 | -€28,031 | -76.2% |
| Amounts payable | 17/49 | €605,919 | €614,834 | +€8,915 | +1.5% |
| Amounts payable after more than one year | 17 | €475,000 | €475,000 | = | 0.0% |
| Financial debts | 170/4 | €475,000 | €475,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €111,919 | €120,834 | +€8,915 | +8.0% |
| Trade debts | 44 | €10,439 | €5,417 | -€5,022 | -48.1% |
| Suppliers | 440/4 | €10,439 | €5,417 | -€5,022 | -48.1% |
| Other amounts payable | 47/48 | €101,480 | €115,417 | +€13,937 | +13.7% |
| Accrued charges and deferred income | 492/3 | €19,000 | €19,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,160 | €50,742 | +€1,582 | +3.2% |
| Other operating charges | 640/8 | €1,547 | €7,222 | +€5,674 | +366.7% |
| Gross operating margin | 9900 | €41,127 | €49,121 | +€7,994 | +19.4% |
| Operating profit (loss) | 9901 | -€9,580 | -€8,843 | +€737 | +7.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €19,153 | €19,188 | +€34 | +0.2% |
| Recurring financial charges | 65 | €19,153 | €19,188 | +€34 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€28,733 | -€28,031 | +€703 | +2.4% |
| Profit (loss) for the period | 9904 | -€28,733 | -€28,031 | +€703 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,733 | -€28,031 | +€703 | +2.4% |
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.