LIGNARIS: 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.
LIGNARIS
Largest movements
- Receivables within one year +€20,947
up €20,947 (+260.5%), from €8,040 to €28,987
of which Trade receivables: +€24,111
- Tangible fixed assets -€5,763
down €5,763 (-26.8%), from €21,525 to €15,762
- Cash +€5,232
up €5,232 (+16.5%), from €31,623 to €36,855
mainly Other debts (+€21,000) and Net result for the year (+€15,852)
- Profit (loss) carried forward -€30,000
down €30,000 (-70.4%), from €42,611 to €12,611
- Other debts +€21,000
new in 2025: €21,000
- Reserves +€15,852
up €15,852 (+1278.4%), from €1,240 to €17,092
of which Distributable reserves: +€15,852
- Tax, wage and social debts +€10,520
up €10,520 (+420.8%), from €2,500 to €13,020
- Trade debts +€3,762
up €3,762 (+154.3%), from €2,437 to €6,199
- Gross operating margin +€8,447
up €8,447 (+52.5%), from €16,081 to €24,527
- Taxes +€2,386
new in 2025: €2,386
- Depreciation -€2,017
down €2,017 (-25.9%), from €7,780 to €5,763
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 | €61,188 | €82,321 | +€21,133 | +34.5% |
| Fixed assets | 21/28 | €21,525 | €15,762 | -€5,763 | -26.8% |
| Tangible fixed assets | 22/27 | €21,525 | €15,762 | -€5,763 | -26.8% |
| Furniture and vehicles | 24 | €21,525 | €15,762 | -€5,763 | -26.8% |
| Current assets | 29/58 | €39,663 | €66,559 | +€26,896 | +67.8% |
| Amounts receivable within one year | 40/41 | €8,040 | €28,987 | +€20,947 | +260.5% |
| Trade receivables | 40 | €2,054 | €26,165 | +€24,111 | +1173.7% |
| Other amounts receivable | 41 | €5,986 | €2,822 | -€3,164 | -52.9% |
| Cash at bank and in hand | 54/58 | €31,623 | €36,855 | +€5,232 | +16.5% |
| Deferred charges and accrued income | 490/1 | - | €717 | +€717 | |
| Total equity and liabilities | 10/49 | €61,188 | €82,321 | +€21,133 | +34.5% |
| Equity | 10/15 | €56,251 | €42,102 | -€14,148 | -25.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,240 | €17,092 | +€15,852 | +1278.4% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Legal reserve | 130 | €1,240 | - | -€1,240 | |
| Reserves not available under the articles | 1311 | - | €1,240 | +€1,240 | |
| Distributable reserves | 133 | - | €15,852 | +€15,852 | |
| Profit (loss) carried forward | 14 | €42,611 | €12,611 | -€30,000 | -70.4% |
| Amounts payable | 17/49 | €4,938 | €40,219 | +€35,281 | +714.6% |
| Amounts payable within one year | 42/48 | €4,938 | €40,219 | +€35,281 | +714.6% |
| Trade debts | 44 | €2,437 | €6,199 | +€3,762 | +154.3% |
| Suppliers | 440/4 | €2,437 | €6,199 | +€3,762 | +154.3% |
| Taxes, remuneration and social security | 45 | €2,500 | €13,020 | +€10,520 | +420.8% |
| Taxes | 450/3 | €2,500 | €13,020 | +€10,520 | +420.8% |
| Other amounts payable | 47/48 | - | €21,000 | +€21,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,780 | €5,763 | -€2,017 | -25.9% |
| Other operating charges | 640/8 | €401 | €313 | -€89 | -22.1% |
| Gross operating margin | 9900 | €16,081 | €24,527 | +€8,447 | +52.5% |
| Operating profit (loss) | 9901 | €7,900 | €18,452 | +€10,552 | +133.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €214 | €214 | -€0 | -0.1% |
| Recurring financial charges | 65 | €214 | €214 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €7,686 | €18,238 | +€10,552 | +137.3% |
| Income taxes | 67/77 | - | €2,386 | +€2,386 | |
| Profit (loss) for the period | 9904 | €7,686 | €15,852 | +€8,166 | +106.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,686 | €15,852 | +€8,166 | +106.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.