LIHATOVAN: 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.
LIHATOVAN
Largest movements
- Receivables within one year +€29,122
up €29,122 (+183.5%), from €15,869 to €44,992
- Cash -€19,489
down €19,489 (-12.7%), from €154,042 to €134,553
mainly Receivables within one year (-€29,122) and Net result for the year (-€5,198)
- Tangible fixed assets -€16,175
down €16,175 (-8.5%), from €190,740 to €174,565
of which Land and buildings: -€15,949
- Reserves -€5,198
down €5,198 (-1.6%), from €318,967 to €313,769
of which Distributable reserves: -€5,198
- Gross operating margin +€2,471
up €2,471 (+22.7%), from €10,900 to €13,372
- Financial income +€926
up €926 (+4506.7%), from €21 to €946
- Financial charges +€147
up €147 (+50.6%), from €291 to €438
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 | €361,052 | €355,056 | -€5,995 | -1.7% |
| Fixed assets | 21/28 | €190,740 | €174,565 | -€16,175 | -8.5% |
| Tangible fixed assets | 22/27 | €190,740 | €174,565 | -€16,175 | -8.5% |
| Land and buildings | 22 | €189,849 | €173,900 | -€15,949 | -8.4% |
| Furniture and vehicles | 24 | €891 | €665 | -€226 | -25.3% |
| Current assets | 29/58 | €170,312 | €180,491 | +€10,179 | +6.0% |
| Amounts receivable within one year | 40/41 | €15,869 | €44,992 | +€29,122 | +183.5% |
| Other amounts receivable | 41 | €15,869 | €44,992 | +€29,122 | +183.5% |
| Cash at bank and in hand | 54/58 | €154,042 | €134,553 | -€19,489 | -12.7% |
| Deferred charges and accrued income | 490/1 | €400 | €946 | +€546 | +136.4% |
| Total equity and liabilities | 10/49 | €361,052 | €355,056 | -€5,995 | -1.7% |
| Equity | 10/15 | €356,167 | €350,969 | -€5,198 | -1.5% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €318,967 | €313,769 | -€5,198 | -1.6% |
| Non-distributable reserves | 130/1 | €4,960 | €4,960 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,960 | €4,960 | = | 0.0% |
| Distributable reserves | 133 | €314,007 | €308,809 | -€5,198 | -1.7% |
| Amounts payable | 17/49 | €4,885 | €4,087 | -€797 | -16.3% |
| Amounts payable after more than one year | 17 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 178/9 | €1,600 | €1,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,285 | €2,059 | -€1,226 | -37.3% |
| Trade debts | 44 | €3,141 | €1,910 | -€1,231 | -39.2% |
| Suppliers | 440/4 | €3,141 | €1,910 | -€1,231 | -39.2% |
| Taxes, remuneration and social security | 45 | €144 | €149 | +€5 | +3.5% |
| Taxes | 450/3 | €144 | €149 | +€5 | +3.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €429 | +€429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,206 | €16,175 | -€31 | -0.2% |
| Other operating charges | 640/8 | €2,890 | €2,828 | -€62 | -2.1% |
| Gross operating margin | 9900 | €10,900 | €13,372 | +€2,471 | +22.7% |
| Operating profit (loss) | 9901 | -€8,196 | -€5,631 | +€2,565 | +31.3% |
| Financial income | 75/76B | €21 | €946 | +€926 | +4506.7% |
| Recurring financial income | 75 | €21 | €946 | +€926 | +4506.7% |
| Financial charges | 65/66B | €291 | €438 | +€147 | +50.6% |
| Recurring financial charges | 65 | €291 | €438 | +€147 | +50.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,466 | -€5,123 | +€3,343 | +39.5% |
| Income taxes | 67/77 | €74 | €75 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€8,540 | -€5,198 | +€3,342 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,540 | -€5,198 | +€3,342 | +39.1% |
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 9 October 2026 via checked.be.