Lihold: 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.
Lihold
Largest movements
- Tangible fixed assets +€180,092
up €180,092 (+36.5%), from €493,872 to €673,965
- Receivables within one year -€12,387
down €12,387 (-100.0%), from €12,387 to €0
- Trade debts +€162,329
up €162,329 (+159.5%), from €101,780 to €264,109
- Other debts +€27,707
up €27,707 (+36.6%), from €75,651 to €103,358
- Debts after one year -€12,918
down €12,918 (-4.0%), from €321,740 to €308,822
- Profit (loss) carried forward -€11,305
down €11,305 (-26.4%), from -€42,886 to -€54,191
- Financial charges +€12,705
up €12,705 (+1633.0%), from €778 to €13,483
- Gross operating margin +€5,963
up €5,963, from -€762 to €5,200
- Other operating charges +€224
up €224 (+7.6%), from €2,948 to €3,172
- Financial income +€150
new in 2025: €150
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 | €508,711 | €675,017 | +€166,305 | +32.7% |
| Fixed assets | 21/28 | €493,872 | €673,965 | +€180,092 | +36.5% |
| Tangible fixed assets | 22/27 | €493,872 | €673,965 | +€180,092 | +36.5% |
| Land and buildings | 22 | €493,872 | €673,965 | +€180,092 | +36.5% |
| Current assets | 29/58 | €14,839 | €1,052 | -€13,787 | -92.9% |
| Amounts receivable within one year | 40/41 | €12,387 | €0 | -€12,387 | -100.0% |
| Trade receivables | 40 | €12,387 | €0 | -€12,387 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,150 | €654 | -€1,496 | -69.6% |
| Deferred charges and accrued income | 490/1 | €302 | €398 | +€96 | +31.8% |
| Total equity and liabilities | 10/49 | €508,711 | €675,017 | +€166,305 | +32.7% |
| Equity | 10/15 | -€2,886 | -€14,191 | -€11,305 | -391.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,886 | -€54,191 | -€11,305 | -26.4% |
| Amounts payable | 17/49 | €511,597 | €689,208 | +€177,610 | +34.7% |
| Amounts payable after more than one year | 17 | €321,740 | €308,822 | -€12,918 | -4.0% |
| Financial debts | 170/4 | €321,740 | €308,822 | -€12,918 | -4.0% |
| Amounts payable within one year | 42/48 | €189,857 | €380,386 | +€190,529 | +100.4% |
| Current portion of amounts payable after more than one year | 42 | €12,426 | €12,918 | +€492 | +4.0% |
| Trade debts | 44 | €101,780 | €264,109 | +€162,329 | +159.5% |
| Suppliers | 440/4 | €101,780 | €264,109 | +€162,329 | +159.5% |
| Other amounts payable | 47/48 | €75,651 | €103,358 | +€27,707 | +36.6% |
| Other operating charges | 640/8 | €2,948 | €3,172 | +€224 | +7.6% |
| Gross operating margin | 9900 | -€762 | €5,200 | +€5,963 | |
| Operating profit (loss) | 9901 | -€3,711 | €2,028 | +€5,739 | |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | - | €150 | +€150 | |
| Financial charges | 65/66B | €778 | €13,483 | +€12,705 | +1633.0% |
| Recurring financial charges | 65 | €778 | €13,483 | +€12,705 | +1633.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,489 | -€11,305 | -€6,816 | -151.9% |
| Profit (loss) for the period | 9904 | -€4,489 | -€11,305 | -€6,816 | -151.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,489 | -€11,305 | -€6,816 | -151.9% |
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 29 September 2026 via checked.be.